Wealthy Russians apply for Grenada passports to flee draft


Source: nypost.com nypost.com

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The draft to join Vladimir Putin’s military and fight in Ukraine has prompted a wave of wealthy Russians to seek refuge on the faraway Caribbean island of Grenada. With affluent Russian citizens looking to evade the military draft, there has been a surge in applications for Grenada citizenship through an investment initiative, Richard Hallam, a special adviser to the program, told Bloomberg. A sole applicant can make a minimum investment of $150,000 to receive a Grenada passport, or buy a government-approved real estate property worth at least $350,000. Passport holders can then travel without a visa to over 100 destinations...