Easy-to-meet requirements
You can apply without a language test and minimum stay; there are no restrictions on dual citizenship; and all can be done remotely.
Grenada
Grenada Citizenship by Investment Program
The program was launched in 2013 and allows individuals to obtain citizenship by investing in real estate projects approved by the government or non-refundable contribution to the country.
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About the program
It is one of the oldest second citizenship programs. Its process is short, and it is attractive for individuals who want access to the USA and China.
Minimum Investment
$235,000 is the minimum investment for a non-refundable contribution.
$270,000 is the minimum investment in a government-approved real estate project.
About the country
Grenada is a paradise with a year-round temperate climate, stunning beaches, a stable economy, and a favourable tax regime.
Population: 113,000 Currency: Eastern Caribbean dollar (XCD) Language: English Capital: Saint George's
Processing time
It normally takes 3-4 months to obtain Grenada citizenship by investment.
Visa-free travel
144 countries are open for Grenada passports with visa-free or visa-on-arrival entry, including China, Singapore, the UK, and the Schengen Area.
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Benefits of Grenada Citizenship by Investment Program
Grenada citizenship is very popular due to the many advantages it offers. Not only does it open the door to visa-free travel to many main destinations, but it also offers financial advantages due to its beneficial tax regime.
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Tax relief
No tax on foreign income, dividends, wealth, and inheritance tax.
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Access to USA E-2 visa
You can apply for an E-2 Investor Visa in the USA, which gives you the right to work and live there. The visa is renewable every 5 years.
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Access for the whole family
Possibility to add 4 generations, including grandparents of the main applicant and spouse, children under 30 and siblings to the one application.
Type of Investment for Grenada Citizenship by Investment Program
The Grenada citizenship by investment program offers investors 2 options – investment in real estate or a donation to the government.
The first option is more expensive but more popular as it provides income opportunity and the possibility of a buy-back option after 5 years, which is the required minimum for holding the investment.
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$235,000
Non-refundable contribution to the National Transformation Fund for a single applicant or for a family of up to four members.
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$270,000
The minimum investment in real estate projects approved by the government for a family of up to 4. Government fee is $50,000.
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Requirements for an investor:
- Age above 18 years old
- Clean criminal record
- Medical certificate
Citizenship is transferable to future generations.
Requirements for a family:
- Spouse
- Children under 30 years
- Parents and grandparents of the main applicant or spouse
- Unmarried siblings without children of the main applicant
Timeline for obtaining Citizenship in Grenada
The Grenada citizenship by investment program is one of the easiest and most transparent. Clear steps and the absence of long waits make it an attractive choice. Invest Citizenship will recommend highly experienced lawyers or expert advisors to guide you and support you until you receive your passport.
Step 1
1 month
Prepare all the necessary documents, such as criminal record certificate and medical certificate. If you invest in real estate, you must also present the sales agreement you have signed with a government-approved developer.
Step 2
2 month
Submit the application. After your application has been checked by the bank and the government, you will receive a letter of approval, after which you must finalize your investment and provide proof of payment.
Step 3
1 month
After final approval, you will receive a Certificate of Registration for obtaining a Grenadian passport. This is a completely remote procedure. The exact time for this step may vary in the case of real estate investments.
Real Estate Investment Options
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Ocean Resort
Resort is a world-class resort development, covering an area of nearly 412 acres. The resort is designed with luxury hotels, casino, 18-hole golf course, amusement park and yacht marina. The hotel has 500 ocean view suites, and is equipped with a 24-hour gym, outdoor swimming pool, restaurants and other facilities.
Price $220,000
Location: Levera
Luxury resort
The resort and residences are spread over 15 hectares and laid out with great effort given to ensuring space, privacy and uninterrupted views over the turquoise sea. The resort will offer 56 guestrooms, seven one-bedroom villas and five two-bedroom villas, with no building higher than a palm tree.
Price $220,000
Location: Grenada
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