Investment
38
Arton Index
Cost (30)
SPEED (20)
GLOBAL
MOBILITY
(20)
QUALITY
OF LIFE
(10)
SIMPLICITY ARTON INDEX
(20)
SCORE (100)
Grenada
18
20
11
6
20
75
Dominica
18
20
8
6
20
72
Bulgaria
24
9
15
7
17
72
Hungary
25
7
17
7
13
69
Antigua &
Barbuda
13
20
12
7
16
68
Cyprus
6
20
16
7
17
66
St. Kitts & Nevis
15
12
11
6
20
64
Canada (Quebec)
24
4
16
8
10
62
USA
15
5
16
9
10
55
United Kingdom
8
7
17
8
13
53
Arton Index has been updated on June 1, 2015 following the adoption of Schengen’s visa
waiver by Dominica and Grenada on May 28, 2015.
www.businessgrenada.com
Stayov
e
Ar rival P
r
et
The United States of America
continues to be the largest source market
for tourists. In June 2015, the Grenada
Tourism Authority (GTA) welcomed Delta
Airlines’ Atlanta service and for the very first
time, JetBlue Airways with its New York service.
As a result of this additional airlift, in July,
there were over a thousand more Americans
visiting the tri-island state than in July 2014.
The two-week period surrounding the climax of
Spicemas saw about 8,000 persons travelling to
experience the second of two annual carnivals,
an increase of 11.9% from 2014.
November marked the return of Condor
Airlines’ seasonal flight service from Germany
and the first nonstop flight from Caracas,
Venezuela in 10 years provided by Conviasa. The
cruise sector has also seen improvements with a
total of 232 cruise calls for the season beginning
September 2015 and ending May 2016. This
winter cruise season expects up to 344,000
passengers and more than 10 (ten) inaugural
cruise calls to ports in Grenada and Carriacou.
GTA’s marketing strategies. Captivating
content online featuring Grenadian lifestyle
and attractions influences potential travellers
to book. The destination, Pure Grenada – the
Spice of the Caribbean has an online presence
“
2016 promises
continued growth and
development for the
tourism sector. There is
an anticipated increase
in cruise business, new
airlift from Panama, and
further development of
sites and attractions
During the year, the GTA and its tourism
stakeholders engaged in direct public relations
in the USA, Canada, the United Kingdom,
Germany, and Trinidad & Tobago through
destination road shows, travel agent seminars
& webinars, and media appearances. Some
memorable events included April’s travel
agent and consumer show in Trinidad;
June’s 3-county road show in London; and
September’s sales calls to travel agents and
tour operators in Ontario, Canada.
with a quality following of 30,000 on social
media (Twitter, Instagram, Facebook) and
a website that guides travellers on events
and activities in Grenada, Carriacou & Petite
Martinique.
Digital marketing is still a mainstay in the
In 2015, the Grenada Tourism Authority
“
METHODOLOGY
The Arton Index measures how appealing
global residence and citizenship programs are
to high net worth individuals. It is composed
of 5 pillars. These principal dimensions by
which programs can be assessed are divided
into industry-related, including Speed, Cost
COST
Cost is arguably the most important indicator
for most of the investors and it has a maximum
weight of 30 points. The three components that
form the commitment an investor would have to
The Arton Index is widely used by industry
stakeholders to better assess each program’s
specific benefits for investors who in turn
obtain a very clear picture of the industry and
empowers them to make the best choice when
they contemplate on one of the most important
decisions for themselves and their families.
T
he three islands of Grenada attract
385,000 visitors per year for leisure,
business, study, weddings and
honeymoons. Tourism is a year-round
business that relies on natural, manmade
and human resources to create an
experience that contributes EC$ 338M
annually to the economy. Pictureperfect views, tasty treats, pulsating
rhythms, great conversations, and a
fascinating heritage are big business
for Grenada, Carriacou & Petite
Martinique.
by Mark
KEY FINDINGS
• Both Dominica and Grenada are excelled to
the top mainly due to their recent adoption
of the Schengen visa waiver
• Bulgaria remains Europe’s program of
choice
• UK and the USA rank last mainly due to
the duration and complexity of the
processes but still remain, along
with Canada one of the best migration
destinations.
The Index examines all countries that are
considered as major representatives of the
global citizenship industry. As on the last
Index update, the countries assessed include: