Grenada Citizenship

CITIZENSHIP BY INVESTMENT

Grenada

Grenada’s Citizenship by Investment offers enhanced global mobility and a swift application process. Annually, Grenada efficiently handles an average of 1,500 applications for Citizenship by Investment.

Consult with our specialist

148

Visa-free Countries

$150,000

Minimum Requirement

8-11

Months Processing Time

What is the essence of Grenada citizenship? Situated just beyond the hurricane belt, Grenada boasts lush tropical forests, captivating waterfalls, and pristine sandy beaches.

In addition to the opportunity to reside on this exquisite island, Grenada citizenship ensures visa-free travel to 146 countries for you and your family.

For entrepreneurs, investing in government-approved projects, such as Ora Caribbean’s Silversands resort, is an option. Investment options range from a US$220,000 share in its Beach House property to over US$7 million for full ownership of one of its luxurious villas.

Benefits of Grenada

Notably, the Grenada Citizenship by Investment Programme does not necessitate applicants to relocate or visit the country for the application process.

For routine applications meeting all requirements, Grenada citizenship can typically be granted within 8-11 months.

You have the option to include children up to the age of 30 and parents aged 55 and above in your application, broadening the eligibility criteria for family members.

Additionally, citizens of Grenada are exempt from foreign income, wealth, or inheritance taxes on their global assets.

Who is eligible for Grenada citizenship?

  • Firstly, be at least 18 years old.
  • Next, maintain a clean criminal record.
  • Then, exhibit good character.

  • Lastly, possess a clean bill of health.

     
     
  • Firstly, be over 18 years old.
  • Additionally, maintain a clean criminal record.
  • Moreover, exhibit good character.
  • Finally, possess a clean bill of health.
  • Below the age of 29.
  • Over 55
  • Unmarried and, also, without children
 

Programme Requirements

In order to submit an application for the Dominica Citizenship-by-Investment Programme, candidates need to meet ONE of the specified investment choices along with additional requirements.

Choice 1: Contribute to the National Transformation Fund (NTF).

The initial Citizenship by Investment alternative entails an NTF contribution, with amounts set at $150,000 for the primary applicant, $200,000 for both the applicant and their spouse, $200,000 for the applicant and up to three dependents, and $25,000 for each additional dependent.

In addition, application fees of $1,500 per application are required for you and your family members. Furthermore, there are due diligence fees amounting to $5,000 for the main applicant, $5,000 for the spouse, and $5,000 for dependents aged 17 and above. Additionally, there are processing fees of $1,500 for individuals over 18 and $500 for those under 18.

Choice 2: Participate in Approved Real Estate Projects.

To qualify under the property option, you must either acquire a $220,000 share in an approved real estate project or invest $350,000 in such a project. In both scenarios, the real estate must be retained for a minimum of five years from the date your citizenship is granted.

Additionally, government fees are applicable at $50,000 for a family of up to four and $25,000 for each additional dependent when purchasing a share. Similarly, the other real estate option mandates the same government fees.

Furthermore, there are additional application fees of $1,500 per person, along with due diligence fees of $5,000 for everyone aged 17 or above, and processing fees of $1,500 per person over 18 and $500 for those under 18.

OTHER REQUIREMENTS AND BENEFITS

As an applicant for the Grenada Citizenship-by-Investment Programme, you are required to:

  • Firstly, update your passport every five years.
  • Moreover, obtaining Grenadian citizenship provides access to China and the opportunity to potentially qualify for an E2 Investor Visa after three years of residency in the country.

Consult with a worldwide specialist.

Escapar team comprises global experts across 20 countries, offering advice in 14 languages. Allow us to assist you in discovering the ideal investment migration solution.

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Application Process

Process

Client onboarding begins

Our process initiates with Form 1, allowing us to conduct the preliminary due diligence at Escapar. Following this initial screening, we will furnish you with a Client Agreement (CA) for your review and signature.

Upon receipt of the signed agreement and the retainer payment, our legal team will proceed to complete all required government forms and gather supporting documents. In the case of a property investment, you will then be required to execute a sales and purchase agreement with the developer. We will facilitate communication between you, the property developer, and the Grenada Citizenship by Investment Committee (CBIC) on your behalf.

Application review and submission

Prior to the submission of your documents, we conduct a thorough review of your application to ensure its alignment with the requirements set by the CBIC. Following this comprehensive review, our legal team conducts final checks before submitting the necessary forms.

The CBIC then conducts its independent due diligence and reviews all the documentation. Throughout this phase, we maintain close collaboration with them to facilitate a timely and efficient processing of your application.

...

Citizenship issued

  • The CBIC evaluates your application. Upon receiving approval, you are required to fulfill all necessary contributions and settle any applicable government fees.

    After completing this process, you can proceed to apply for a Grenadian passport, reducing concerns about visa requirements during travel. Becoming a Grenada passport holder lessens the significance of Electronic Travel Authorization (ETA) concerns for you.

Frequently Asked Questions

Question
Answer

What can I expect from Grenada citizenship?

A sovereign nation comprising seven islands in the southeastern Caribbean, Grenada is located off the north coast of Venezuela. With a population of 107,000 and an area of 344 sq. km, it is a member of Caricom and the Organisation of Eastern Caribbean States.

Moreover, Grenada is part of the Commonwealth of Nations. Noteworthy is the fact that Grenadian citizens are exempt from foreign income, wealth, or inheritance taxes on their global assets, and they benefit from visa-free travel to 146 countries.

Question
Answer

What are the primary advantages of acquiring citizenship in Grenada?

Beyond its breathtaking landscapes and pleasant temperatures, investors contemplating Grenada citizenship can enjoy several other advantages. These include:

  1. Visa-free travel to 148 countries.
  2. No mandatory physical residency requirements for obtaining a Grenada passport.
  3. The flexibility to include family members in applications and transfer citizenship to new spouses and future generations.
  4. Notably, there are no restrictions on dual citizenship in Grenada.
Question
Answer

What is the minimum investment amount needed?

The Grenada citizenship program necessitates a minimum donation of US$150,000 or an investment in property starting at US$220,000. Additionally, there are additional due diligence fees associated with the application process.

Question
Answer

Who is eligible to participate in the Grenada citizenship-by-investment program?

To apply for Grenada Citizenship by Investment, you need to be at least 18 years old, possess a clean criminal record, and be in good health.

Question
Answer

To how many countries can I travel without needing a visa?

Once you obtain your Grenada passport, you gain the privilege of visa-free travel to 148 countries, including China, Hong Kong, Singapore, the UK, and the Schengen Area.

Additionally, Grenada provides visa-free access to China, and through the E-2 Investor Visa Treaty with the United States, Grenadian citizens become eligible to apply for a non-immigrant visa after residing on the island for three years.

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