Often referred to as the “Spice of the Caribbean,” Grenada is a Caribbean country comprising of a main island and smaller surrounding islands. It’s nickname is largely due to the production of nutmeg and mace crops, of which it is one of the world’s largest exporters. Grenada is located near Venezuela and rests on the border between the Atlantic Ocean and the Caribbean Sea. The islands boast silky stretches of white sand beaches and lush mountainous interiors. Volcanic in origin, Grenada is very hilly, with the highest peak, Mt. St. Catherine, rising to 2,756ft. The islands offer thrilling diving among sharks, turtles, and shipwrecks off the coast, decorated with corals and untouched landscapes. The tropical climate is tempered by almost constant sea breezes, and the Central Highlands support a beautiful variety of forest trees and tropical flowers. Hummingbirds, armadillos, monkeys, and the dove (its national bird) find their home in this tropical paradise. Grenada’s unspoiled tropical beauty, inviting and kind local culture, delicious cuisine, and affordability make it easy to fall in love with for a vacation or a long-term offshore investment.
The Spices
Grenada is bursting with flavor. So much so that when a gentle breeze blows, there is an unmistakable scent of exotic spices around the island. Grenada’s territory grows more spices per square kilometer than anywhere in the world! During your stay on spice island, you can visit working spice plantations.
Most of the spices growing in Grenada today originate from the Far East. Grenada supplies a third of the world’s global demand for nutmeg. In addition, Grenada cultivates pimento, cloves, cinnamon, ginger, bay leaf, and turmeric.
The Sister Islands
Carriacou and Petite Martinique are a short boat ride away from Grenada. Carriacou is known as the “Land of the Reefs,” boasting shallow crystal clear waters perfect for snorkeling. Petite Martinique has a population of 900, with residents making a living by boat-building, fishing, and seafaring. Carriacou and Petite Martinique are known for their Regatta and Village Maroon.
The Diving
Grenada is a secret jewel for divers with incredible underwater wrecks to discover as well as underwater sculpture parks. Both the Caribbean and the Atlantic side of the island offer some of the best diving in the region.
The Capital City of Grenada
Saint George’s is the capital of Grenada. The city is home to brightly colored buildings painted in shades of guava, pink, lime green, and mango orange. There are a variety of historical Colonial buildings and stone churches to explore, and there is even a fort that towers over the town. The city has a European undertone with a vibrant Caribbean appearance. The areas outside of St. George’s are also visit-worthy. Just fifteen minutes from the city is the tropical oasis of Annandale Falls, boasting cascades nearly 30ft high. Relax for a picnic lunch among the vibrant and soothing tropical flora. Cap off your day with a refreshing swim in the cool waters of the Annandale Falls Center.
INVESTING IN GRENADA
The island of Grenada offers incredible tourism potential. They also offer a minor delay (31 days) to set up a business and tax incentives to investors. Grenada also guarantees equal treatment to national and foreign investors. On top of this, the political climate is stable and the infrastructure is high-quality, making it a strategic investment opportunity for those interested in diversifying their assets in a tropical paradise.
