NH International (Caribbean)Ltd has been appointed as the main structural contractor for the Six Senses La Sagesse resort in Grenada.
The Six Senses La Sagesse, Grenada resort is Range Developments’ third project in the Caribbean. Range Developments is the developer of citizenship-by-investment funded resorts across the Caribbean.
Investors can obtain citizenship of Grenada through an investment in the Six Senses development for US$220,000.
According to Range Development the initial sales momentum has been strong, with “investors recognising the capital growth and income generation potential of the resort, in addition to the benefits that citizenship of Grenada provides.”
The project is scheduled to be completed by the end of 2022.
Kamal Shehada, managing director and member of the board of Range Developments, who oversees the construction of Range Developments’ hotels, said: “We are excited to welcome the team of NH onboard and entrust them with construction of our third citizenship-by-investment project in the Caribbean. We have already built a successful business relationship with NH and the synergies in our teams’ work will only have a positive impact on the construction process.”
The development is expected to create hundreds of jobs for Grenadians.
The luxury resort will be part of the luxury portfolio of Six Senses Hotels Resorts Spas, a hotel brand that has been rated the number one hotel brand for the past three years by Travel & Leisure Magazine.
Grenada over recent months has become the citizenship-by-Investment destination of choice for high net worth individuals.
Citizenship of Grenada provides for global mobility with visa free access to the United Kingdom, the Schengen area, Russia, China and many other countries, as well as settlement opportunities in the United States through the US E2 visa treaty that Grenada is a beneficiary of.
The Prime Minister of Grenada, Dr Keith Mitchell, welcomed the progress being made on the project.
“We are delighted that the project has advanced to this stage. Range is a key partner in the development of Grenada’s tourism industry bringing much needed investment and hundreds of employment opportunities for our people given the very challenging environment that we are currently facing. We look forward to the timely completion of this project and the creation of even more employment opportunities for workers in the tourism industry,” Mitchell stated.
Emile Elias, Executive Chairman of NH International (Caribbean) Ltd congratulated Mitchell and Range Developments on this major milestone.
“NH is honoured to be a part of the construction of the first Six Senses Resort to be built in the Caribbean, La Sagesse Grenada,” he said.
“We pledge our continuing contribution towards the development potential of Grenada’s tourism sector and look forward to partnering once again with Range Developments on this prestigious initiative that is the epitome of luxury and sustainability,” Elias said.