GRENADA

Grenada is a beautiful country of lush, tropical forests, stunning waterfalls and gorgeous sandy beaches. While it has much to offer residents, the Grenadian Citizenship-by-Investment Programme doesn’t require you to live in or visit the country to apply. Citizens of Grenada don’t pay foreign income, wealth or inheritance taxes on their worldwide wealth, and also enjoy visa free travel to 142 countries including China – the only Caribbean country with such access.

Grenada is a member of the United Nations, the British Commonwealth, CARICOM and the Organisation of Eastern Caribbean States, among many international organisations. Grenada is also a treaty country with the US that allows citizens to be eligible to apply for the non-immigrant E2 visa”.

Capital:Saint George’s

Currency:East Caribbean Dollars (XCD)

Visa Free Travel:Over 140 countries

Language:English, Grenadian Creole (English & French)

Location:Caribbean Islands

Size: 349 sq.km

Population: ~113,000 people

 

What is Citizenship by Investment?

The process should not be mistaken for just “buying a passport” as passports are only granted after verification of the character of the investor. An individual of proven integrity invests into a country’s development fund or government approved real estate and gets naturalised citizenship in return.

THE BENEFITS OF GRENADA CITIZENSHIP

  • Visa-free travel to 142 countries, including the EU, the UK, and China.
  • Access to USA through E2 Investor Visa treaty, giving citizens ability to apply for non-immigrant visa.
  • Full citizenship with passport is granted to the main applicant, spouse, children, and parents and grandparents
  • Adult children up to the age of 30 may be included and they do not need to be enrolled in school.
  • Siblings of the main applicant or of his/her spouse may be included in the application.
  • Offer Citizenship by Descent to successful applicants.

GRENADA Investment Options & Costs

NTF Contribution

Grenada’s National Transformation Fund (NTF) applications are processed in under six months. Siblings of the main applicant or of his/her spouse, who are not married and do not have children, may be included as a dependent of the main applicant. Children up to the age of 30 may be included in the application without the need to be enrolled in full time education. Parents over 55 may also be covered in the application and they are not required to be financially dependent on the main applicant.

$150,000

DUE DILIGENCE FEES: $5,000 for a single applicant.

GOVERNMENT APPLICATION FEES: $1,000 for a single applicant.

GOVERNMENT PROCESSING FEES: $1,500 for a single applicant.

$200,000

DUE DILIGENCE FEES: $5,000 for main applicant and $5,000 for spouse.

GOVERNMENT APPLICATION FEES: $1,500 fixed amount per applicant.

GOVERNMENT PROCESSING FEES: $1,500 per applicant aged 18+.

$200,000

DUE DILIGENCE FEES: $5,000 per applicant age 17+.

GOVERNMENT APPLICATION FEES: $1,500 fixed amount per applicant.

GOVERNMENT PROCESSING FEES: $1,500 per applicant aged 18 and over and $500 for the dependant under 18.

*All prices are in USD.

*Other fees payable include passport fees. These fees are subject to change.

Real Estate Investment

USD 220,000 minimum purchase of an approved property from a government approved real estate project. This property must be retained for a minimum of three years.

The highly sought after approved projects for this option include:

  • Six Senses
  • Ora Caribbean

$220,000

DUE DILIGENCE FEES: $5,000 for a single applicant.

GOVERNMENT APPLICATION FEES: $1,000 for a single applicant.

GOVERNMENT PROCESSING FEES: $1,500 for a single applicant.

GOVERNMENT FEES: $50,000 for a single applicant.

$220,000

DUE DILIGENCE FEES: $5,000 for main applicant and $5,000 for spouse.

GOVERNMENT APPLICATION FEES: $1,500 fixed amount per applicant

GOVERNMENT PROCESSING FEES: $1,500 per applicant age 18+.

GOVERNMENT FEES: $50,000 for a single applicant and up to three dependants.

$220,000

DUE DILIGENCE FEES: $5,000 per applicant age 17+

GOVERNMENT APPLICATION FEES: $1,500 fixed amount per applicant.

GOVERNMENT PROCESSING FEES: $1,500 per applicant aged 18 and over and $500 for dependant under 18.

GOVERNMENT FEES: $50,000 for a single applicant and up to three dependants.

*All prices are in USD.

*Other fees payable include passport fees. These fees are subject to change.

What is the citizenship by investment process like?

1

Find a local agent & prepare application

All citizenship by investment applications with the necessary forms and supporting documents must be submitted through a local authorized agent.

2

Application Processing

All necessary forms and supporting documents will be processed by the citizenship by investment unit. All due dilligence checks will be done and completed in 2-4 months.

3

Make Investment

An approval in principle is issued to successful applications. This means the full approval will be completed after the investment amount has been paid.

4

Certificate of Naturalisation & Passport

Certificate of naturalisation is the evidence of your citizenship and will be used for your passport application.

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