Minimum USD 200,000.
The Grenada Citizenship by Investment Program was launched in August 2013. The program of Grenada is the only Caribbean program with visa free access to China and the option to apply for E-2 USA ‘Investor Visa’ to reside in the United States. Grenada citizenship applicants obtain an irrevocable citizenship and passport without having to reside in the country or renounce their current nationality.
Processing time - 5 months
Visa free travel - Instant visa-free travel to 145 countries, including the Schengen countries, China, United Kingdom, Singapore and Hong Kong.
Investment type - Contribution to Grenada’s Government or Investment in Grenada’s Government Approved Projects
Investment cost - Contribution to Grenada’s National Transformation Fund (USD 150,000 for a single applicant) or Real Estate Investment (USD 200,000 for family of 4)
Family dependents - Spouse, children below 30 years old, elderly parents above 55 years old and siblings 18 years and above
Passport validity - Five (5) years
Grenada is an island country of the West Indies; it is a cluster of islands consisting of the main island (Grenada) as well as six smaller islands in the southeastern Caribbean Sea. Grenada gained independence in 1974 without breaking formal ties with the Commonwealth. It is famously known as the “Isle of Spice” for its spice trading business and it is beautifully known for its breathtaking natural beauty and idyllic beaches.
Grenada’s second passport and citizenship program is a well-established and very trusted Citizenship by Investment Program. Worldwide investors have invested in this Grenada’s second passport given its many benefits of visa-free travel, preservation of wealth and passport reputation.
| CAPITAL | Saint George's |
| POPULATION | 111,219 |
| LANGUAGE | English (official), French patois |
| CURRENCY | East Caribbean dollars (XCD), tied to USD |
| EXCHANGE RATE | 1 USD = 2.7 XCD |
| GOVERNMENT TYPE | Parliamentary democracy (Parliament) and Commonwealth realm |
SIMPLE PROCESS
The investment is payable only after the citizenship approval, not before
No need to renounce your current citizenship(s)
No notification to your home country on your new citizenship
No physical residency requirements, you are entitled to apply instantly
No interview, language test, education or management experience required
GLOBAL MOBILITY
E-2 treaty signed between Grenada and the United States allows citizens of Grenada to operate a substantial business in the U.S. and reside therein after 3 years of holding the Grenada passport
Visa-free travel to 144 countries including China, the Schengen countries, United Kingdom, Singapore, Hong Kong and Australia with e-Visa
Grenada’s citizenship Allow you to stay in United Kingdom for 6 months at a time
Reputable second passport easy to obtain visas when required
The right to take up residence in Grenada and in most of the CARICOM member countries at any time and for any length of time
Biometric Passport also known as an e-passport or a digital passport which increases the security and reduces the chances of forgery
WEALTH PROTECTION
No taxes on capital gains, gift, wealth and inheritance; No taxes for non-residents
Ability to open bank accounts in reliable banking institutions worldwide with Grenada’s passport
Duty-Free trading in the Caribbean
No restriction on the repatriation of profits and imported capital
Generous incentive packages including corporate tax incentives, full exemption from import duties, tax relief benefits and export allowance
To be eligible
for the citizenship of Grenada under its Citizenship by Investment Program, there are two options to choose from:
1. DONATION TO THE NATIONAL TRANSFORMATION FUND (NTF)
Non-refundable financial contribution to a Government fund. The cost varies depending on the number of applicants and their ages.
Single Applicant - USD 150,000
Family of up to 4 including main applicant - USD 200,000
Each additional dependent child or parent - USD 25,000
Each additional sibling - USD 75,000
2. REAL ESTATE INVESTMENT
Grenada Citizenship by Investment through one of the Government approved real estate projects which could be a freehold property with title deed; hotel shares; fractional ownership or land. The investment and real estate Government fees are payable once the citizenship is approved.
Minimum Investment (must hold for approximately 3 years or longer depending on the stipulations of each project) - USD 200,000
In addition to the purchase of real estate, there are Government fees to be paid.
Family of up to 4 including main applicant spouse and dependents below 30 years) - USD 50,000
Government fees for additional family member (below 30 years) - USD 25,000
Additional unmarried sibling - USD 25,000
Compulsory background checks are payable to the Government who appoints a preferred due diligence agency. These agencies use various international and local sources such as Interpol, World-Check and other Government agencies. These fees are payable upon the submission of the application.
Main Applicant - USD 5,000
Spouse - USD 5,000
Dependents aged 17 to 31 years old including Parents above 55 years and Siblings above 18 years - USD 5,000
Non-Applicant Spouse - USD 8,000
Citizenship Invest professional fees, official application forms, certification of citizenship and passport, courier & other disbursements are the only other costs associated. A detailed quotation with no hidden costs is provided for the specific case.
MONTH 1-2
CI will pre-screen your passport for government pre-approval. A down payment for professional fees is payable to start your application.
CI professional team will assist and advise you with the collection of the documents required by the Government.
Once the file is ready for submission, Government Processing Fees, Due Diligence and CI submission invoice are payable. CI submits your application.
MONTH 3-4
Due Diligence report is issued to the Government. Based on the results, the Government makes a decision on your Citizenship application. Once approved you are invited to pay the donation or investment.
MONTH 5
Citizenship Certificates and passports are issued. The balance of CI professional fee is paid.