Launched in August 2013, the Grenada Citizenship by Investment program is one of the newer Caribbean programs. The mission of the Citizenship by Investment program is to strengthen the country by creating economic growth through foreign investments.
As an applicant, you must be at least 18 years of age, of good character and without a criminal record.
Additionally, you are required to make a non-refundable donation to the National Transformation Fund or make an investment in government-approved real estate projects.
Visa-free and visa-on-arrival travel to over 140 countries and territories including Hong Kong, Singapore, China, Russia, The Schengen area, and the United Kingdom.
The Grenada program is the only one of the Caribbean citizenships by investment programs that offers an opportunity to obtain an E-2 Investor visa in the United States of America.
Designed to be a smooth and straightforward process to your new citizenship.
Grenada imposes minimal taxation, with an exception of no taxation on wealth, gift, inheritance, foreign income, or capital gain.
There are no residency requirements – you are eligible to apply immediately.
There is no need to renounce your current citizenship(s), and your home authorities are not notified of your new citizenship.
There are two options of qualifying contribution for the Grenada Citizenship-by-Investment Program:
Cash donation to the National Transformation Fund (NTF), Government Escrow Account.:
Investment in real estate through one of the government approved real estate asset classes: freehold property with title deed; hotel shares; fractional ownership or land. The investment is subject to a minimum holding period of four (4) years.
Investor
Without a criminal record
Over 18 years of age
Without any refusal by citizenship
Has to pass the diligence check
Without visa refusal
Grandparents or Parents of the Spouse or Investor
They should be financially dependent.
There is no age limit.
Siblings of the Spouse or Investor
Unmarried and should have no children.
From 18 years of age.
Children Under 30
The child must be financially dependent.
Our citizenship advisers will help evaluate all your circumstances and select the most suitable investment option for you.
An applicant can obtain Grenada citizenship through a government donation of $235,000 or by purchasing a project in the real estate sector for $270,000.
Prepare your documents. Upon your preparation, the advisor will check and collect your documents to ensure all the requirements are fulfilled.
Once each and every document is collected, the specialized personnel will prepare, review, and submit your file.
The processing time is betted through the Grenada government , where they conduct a thorough background check. However, you are not required to be available for an interview.
Once the government reviews your application and the decision is made, you will receive a decision that you will get through a letter.
Verification will occur remotely, and the investor does not have to be present.
Once the investment status is complete, your citizenship certificate will reach you. During this stage, you are not required to visit Grenada. Your passport will reach you through courier services.