Grenada is known as ‘Spice Island’ because of the sprawling green plantations where they harvest spices like nutmeg, and savoury items like pimentos and lemongrass oil. According to the surge in tourism, one might also call it ‘Beach Island’ after the stretches of sand along the tropical turquoise waters of the West Indies. Notably, even though the island has gained popularity in recent years, it is still a place that allows one the luxury of escaping to experience unspoilt scenery and lush palm trees.
For travellers who prefer to stay within the relaxing walls of a day spa, four-star resorts like the Laluna Hotel beckon travellers with their private pools and patios. Other attractions include the array of hiking and diving tours, especially throughout the Etang National Park, and the lively carnival Grenada hosts in August.
Politically speaking, Grenada is stable and experiencing rapid growth. It has been a member of the Commonwealth of Nations since 1974. During a recent summit, officials described it as a competitive investment destination. Those seeking to obtain citizenship by investment may also experience certain tax advantages as there is no tax on worldwide income. With English being the official language, Grenada is ideal for investors.