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Grenada

Grenada Citizenship by Investment

Grenada mapGrenada, with its unspoilt landscapes, has a perfect balance, appealing to the enthusiasm of adventure fans, or beach dwellers, or even couples looking for a romantic destination.

Grenada map consists of Grenada island itself and six smaller other islands at the southern end of the Grenadines in the southeastern Caribbean Sea. Grenada is also known as the ‘Isle of Spice,’ one of the most magnificent islands in the West Indies.

In 2004, after being hurricane-free for almost forty-nine years, the island got a straight hit from Hurricane Ivan. The damage was terrible, with over 90 percent of Grenada's homes either damaged or destroyed. The country's determined citizens, government actions and international financing brought the island back to life, and by the end of 2005, Grenada was back in business, including tourism facilities.

Once famed only for its indigenous spices (namely mace and nutmeg), Grenada now focuses on tourism, and the islands are deservedly earning the attention of the travel industry once again. The first thing you will surely notice upon arriving in Grenada is the people's willingness to help. They are easily approachable and will embrace you, making you feel right at home on your spice island vacation. They love to socialise, share stories, celebrate and cook against the backdrop of music from local artists out on the shores of one of many beaches of Grenada islands.

The climate in Grenada is tropical with average temperatures of around 28 °C year round. The weather of Grenada is sunny and enjoyable all months of the year and with cooler breezy locations in the mountains.

The Citizenship by Investment Programme came into being in 2013, when the Grenadian Parliament passed Act No. 15 of 2013.

FRIENDLINESS - FAST TRACK - ECONOMIC

Grenada islandBenefits of Grenada second citizenship

Dual citizenship

There are no restrictions on dual citizenship in Grenada.

Fast

The process of obtaining Grenada Citizenship by Investment usually takes 2-4 months.

Visa-free travel

A Vanuatu passport allows visa-free entry to 115+ countries including all European Union countries, the United Kingdom, and China. Citizens of Grenada are permitted to apply for E2 US Visa.

World Class University

Grenada is home to the best United States offshore university – St George’s University. It is one of the finest medical, veterinary, and arts and sciences schools, and graduates train in some of the top hospitals in the United States and the United Kingdom. It is internationally accredited and currently has 6,000 students for over 140 countries.

Hassle-free

There is no requirement to visit Grenada in order to qualify for citizenship through real estate investment, although all applicants are subject to a strict background check. No interview, education, or management experience required.

No tax

Grenada has no income, wealth or inheritance taxes.

Friendly people

They love to socialise, share stories, celebrate and cook against the backdrop of music from local artists out on the shores of one of many beaches of Grenada.

Grenada

Capital Investment Immigration Plan

Grenada passportWho gains?

  • Time and easyness are important for you
  • You are low in budget
  • You are seeking a safe future for your family
  • You are a fan of natural beauty and friendly people

Requirements

  • Grenada will only grant citizenship to individuals who are truly deserving of that honour.
  • Be at least eighteen years old;
  • Be in good health;
  • Have enough funds to make the required investment. The source of these funds must be legal.
  • Applicants must submit an original certificate of no criminal record from the jurisdiction in which he/she has resided during the last 12 months and (if different) the jurisdiction of his/her principal nationality.

Does my family also qualify for citizenship?

Yes, you may apply for citizenship with your wife or husband, dependent children below 26, and dependent parents above 65. Fees for family members vary according to the number of family members included in a citizenship application.

Investment options

You can apply for citizenship by making either:

  • A contribution to the National Transformation Fund;
  • An investment in an approved project (real estate) in Grenada.

Donation

The National Transformation Fund (NTF) was established in 2013 as a means of transforming Grenada’s economy into one that is ever more prosperous and independent. The NTF finances various projects in Grenada for the benefit of its many industries, including tourism, agriculture, and alternative energy. Having made a donation to the NTF, investors are left with a true sense of having contributed to their new nation’s wellbeing.

  • Required contribution amount for a family of 4 is at least USD 200,000.

Real estate

To qualify, the applicant must invest in approved real estate with a minimum value of USD 350,000. The approved projects encompass real estate developments such as hotels, villas, and resorts. Applicants must keep the real estate for at least three years following the grant of citizenship.

Grenada weatherFees and costs

Donation fees

  • USD 8,000 for a single applicant,
  • USD 24,000 for a family of 4
  • Nominal fees may apply for additional dependent family members.

Real estate fees

  • USD 58,000 for a single applicant,
  • USD 74,000 for a family of 4
  • Nominal fees may apply for additional dependent family members.

Legal fee:

About USD 35,000 for the investor and 4 family members.

Time to get your passport

You will get your Grenada passport within 2-4 months.