Grenada

About Grenadian Citizenship Program

The Grenadian Citizenship by Investment program was launched in August 2013 under the Grenada Citizenship by Investment Act. A picturesque landscape with splendid waterfronts and the aroma of local spices has made Grenada, the ‘Spice Isle’, a preferred location for investment in all Caribbean countries. This pilot Citizenship Program provides a good opportunity for investors with impressive net worth.

Benefits of Grenadian Citizenship

• Visa free to over 149 destinations including the UK, EU, Schengen, China & Brazil.
• The only Caribbean Island that offers travel to China visa free.
• The only Caribbean Island with a citizenship by Investment Program that has E-2 Investor Visa Treaty with the US.
• Grenada Citizenship can be passed on for generations without any restriction.
• Low capital requirement for citizenship relative to other similar programs.
• No restrictions on Dual Citizenship.
• Inclusion of dependent children under the age of 30.
• Inclusion of dependent parents and grandparents, of any age, of both the main applicant and the spouse.
• Inclusion of unmarried, childless siblings, who are 18 years or older, of both the main applicant and the spouse.
• No residency requirements during or after the citizenship application process.
• Fast and efficient, processing time of approximately 4 Months.
• Tax-friendly environment with zero capital gains, global, wealth or in heritance tax.
• Qualifies individuals for 90% off undergraduate tuition – including pre-med degrees – at the St. George’s University

Grenadian Citizenship Investments Options

The Grenadian citizenship under its Citizenship by Investment Program offers applicants two (2) popular investment options through:

1. National Transformation Fund (NTF) donation option: A minimum contribution to the NTF of USD 150,000. This is a non- refundable payment.
2. Real estate option: Invest in property from a government authorized real estate project with minimum amount of USD 220,000 for a fractional or share ownership right, and a minimum of $350,000 for a full freehold right. The real estate can be sold after five years of ownership.

Additional Fees

• Grenada Citizenship by Investment in Real Estate requires an additional flat government fee of USD 50,000 for the main applicant with up to 3 dependents. USD 25,000 is required for each additional dependant, unless the dependant is a sibling or parent/grandparent, who is 55 years or younger.
• A government fee of $75,000 is charged for each sibling and $50,000 for each parent/grandparent, who is 55 years or younger.
• Due diligence fees of USD 5,000 per person is charged for everyone, who is 17 and older.
• Government processing fees of USD 500 per person is charged for everyone under age 18, and USD 1,500 for the main applicant and any other dependants, who are 18 and older.
• Government application and passport fees of USD 1,750 is charged per person.
• Oath of allegiance of $20 is charged per person.

Grenadian Citizenship Requirements

To qualify for the processing of Grenadian citizenship program, each applicant is required to provide the following personal information:

• Impeccable character
• No criminal record
• High personal net worth
• Excellent health record