Grenada Citizenship by Investment

Grenada's Citizenship by Investment Programme GO TO TOP

About Grenada

The state of Grenada is located between the Caribbean sea and consists of three islands: Grenada, Carriacou and Petite Martinique. Grenada has a population of around 110.000 and consists of 344 sq. kilometres.

The exotic, friendly and modern island which is also popularly known as “The Spice Island”, due to the myriad of locally grown spices, has become a preferred destination for many high net worth investors to visit and live. 

Grenada offers a lifestyle so pure and authentic that you feel instantly renewed. This English-speaking nation has some of the friendliest people in the Caribbean, so, even if you happen to get lost, you will surely encounter other aspects of Grenada's vibrant culture and hospitality.


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The Programme GO TO TOP

Grenada's Citizenship by Investment Program

The independent island of Grenada re-launched its Citizenship by Investment programme in August 2013 when the Grenadian Parliament passed the Citizenship by Investment Act No. 15 of 2013. Presently, there are two options available for an applicant to apply for Citizenship by Investment: by donation to the National Transformation Fund (NTF) or by acquisition of government-approved real estate. The donation option in Grenada is a two-step process which takes more than 12 months. 

The stated objective of the Grenada's citizenship by investment programme is to enable persons to acquire permanent residency and citizenship of Grenada by registration following investment in Grenada. 

Grenada's programme is considered to be the most 'family-friendly' out of all the other Caribbean citizenship by investment programmes as it does not charge exorbitant processing and due diligence fees for spouses and family members, and also allows the possibility for a newborn child to obtain citizenship for a very low cost.


Investment Options GO TO TOP

Grenada's Citizenship for Foreign Investors

To qualify for citizenship of Grenada, the primary applicant must be over 18 years old, meet the application requirements and select one of the following investment options:

DONATION OPTION: The National Transformation Fund (NTF) 
  Main Applicant Main Applicant and Spouse Family of four Additional dependents
Donation Amount US$200.000 US$200.000 US$200.000 US$25.000 for each additional dependant
US$50.000 for parents aged between 55-64
Processing Fees US$1.500 US$1.500 for main applicant
US$1.500 for spouse
US$1.500 per each person over the age of 18
US$500 for dependents between 0-17
US$1.500 per application for persons over the age of 18
US$500 for dependents between 0-17
Due Diligence Fees US$5.000 US$5.000 main applicant
US$5.000 for spouse
 
US$5.000 main applicant
US$5.000 for spouse
US$5.000 for dependants over 16
US$2.000 for children between 12-15
US$5.000 main applicant
US$5.000 for spouse
US$5.000 for dependants over 16
US$2.000 for children between 12-15
Application fees of US$1.500 applies for each person
INVESTMENT IN REAL ESTATE OPTION (held for a minimum period of 3 years)  
  Main applicant Main Applicant and Spouse   Family of four Additional Dependents
Investment Minimum US$350.000 US$350.000 US$350.000 US$350.000
Processing Fees US$1.500 US$1.500 for main applicant
US$1.500 for spouse
US$1.500 per each person over the age of 18
US$500 for dependents between 0-17
US$1.500 per each person over the age of 18
US$500 for dependents between 0-17
Due Diligence Fees US$5.000 US$5.000 main applicant
US$5.000 for spouse
 
US$5.000 main applicant
US$5.000 for spouse
US$5.000 for dependants over 16
US$2.000 for children between 12-15
US$5.000 main applicant
US$5.000 for spouse
US$5.000 for dependants over 16
US$2.000 for children between 12-15
Government Fees US$50.000 US$50.000 US$50.000 US$25.000 for each additional dependent after the third dependant
Application fees of US$1.500 applies for each person

Additional Requirements 
  • Clean criminal record certificate
  • Good health 


Application Process GO TO TOP

Procedure for Grenada's Citizenship by Investment application

We set-out below the steps of the process of applying for citizenship of Grenada:
  1. Preparation and filling of application forms 
  2. Submission of applications and supporting documentation 
  3. Government processing of the applications and due diligence checks (est. 10 weeks)
  4. Government approval of application 
  5. Investment in real estate or contribution to the National Transformation Fund (NTF) 
  6. Issuance of citizenship certificate 
  7. Application for passport and issuance of passport
The process to obtain citizenship of Grenada is expected to take up to 6 months following the submission of the applications to the authorities. 

For more information on Grenada's citizenship by investment programme please contact us at grenada@onecitizen.com


Benefits GO TO TOP

The Benefits of Grenada Citizenship by Investment

  • There is no requirement to visit Grenada to qualify for citizenship and no physical residency requirements
  • There are no restrictions on dual citizenship 
  • A Grenada passport allows visa-free travel to more than 115 countries, including all EU countries, the UK, Ireland, Caribbean and Commonwealth Nations and provides the opportunity to obtain an E2 Visa for the USA. It is also one of the three countries in the world with 30 days visa free access to China 
  • Full citizenships are received by the applicant and his family, which can also be passed onto descendants
  • Grenada does not impose any tax on worldwide income, wealth or inheritance 
  • No interview, no education or managerial experience is required to qualify for citizenship
  • The application process is private and the granting of the citizenship is at the sole discretion of the government 


Visa Free Travel GO TO TOP

Successful applicants can benefit from visa-free travel to more than 115 countries, as listed below. It must be noted that visa-free travel to the countries listed below are subject to change. It is strongly advisable that the relevant Government authorities and agencies are contacted prior to travel arrangements made. 

 
Andorra Georgia Philippines
Anguilla Germany Pitcairn Island
Antigua & Barbuda Gibraltar Poland
Argentina Greece Portugal
Aruba Greenland Reunion
Austria Grenada Romania
The Bahamas Guadeloupe Saba
Barbados Guatemala Samoa
Belgium Guyana San Marino
Belize Haiti Seychelles
Bermuda Holy See Singapore
Bonaire Honduras Slovak Republic
Botswana Hong Kong Slovenia
Brazil Hungary South Korea
British Virgin Islands Iceland Spain
Bulgaria Ireland St. Bart’s
Cayman Islands Israel St. Eustatius
Chile Italy St. Helena
Colombia Jamaica St. Lucia
Costa Rica Kenya St. Maarten
Croatia Kiribati St. Martin
Cuba Kosovo St. Pierre and Miquelon
Curacao Latvia St. Vincent & Grenadines
Cyprus Lesotho Suriname
Czech Republic Liechtenstein Sweden
Denmark Lithuania Switzerland
Dominica Luxemburg Tonga
Dominican Republic Malawi Trinidad & Tobago
El Salvador Malaysia Tunisia
Estonia Malta Turkey
Fiji Mauritius Turks & Caicos
Faroe Islands Montserrat United Kingdom
Finland The Netherlands Uruguay
France New Caledonia Venezuela
French Guiana Nicaragua Virgin Islands
French Polynesia Niue Wallis and Futuna
French Southern & Antarctic Lands Norway Zambia
FYROM Panama Zimbabwe
Gambia Peru  


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