Grenada

Grenada

Grenada Citizenship by Investment Program

The Grenada Citizenship by Investment Program was launched in August 2013 when the Grenadian parliament passed the Citizenship by Investment Act, of 2013. In 2016, the Grenada government formally mandated Henley & Partners to revitalize, enhance, and relaunch the program internationally.

Citizenship by investment in Grenada:

An applicant must either make a significant economic contribution to Grenada or acquire a qualifying asset approved by the government to qualify for the Citizenship by Investment Program.

Applicants and their families will be granted citizenship because of a rigorous vetting and due diligence process, including thorough background checks. Over 140 destinations, including China, Hong Kong, Singapore, the UK, and Europe’s Schengen Area, are visa-free or visa-on-arrival.

As the only Caribbean citizenship by investment program with an E-2 Investor Visa Treaty with the USA, citizens may apply for a non-immigrant visa after living in Grenada for a continuous period of three years.

Benefits of the program included:

  • Transferable citizenship to new spouses and future generations
  • The main applicant and spouse may include their spouse, children under 30, unmarried siblings aged 18 and over, parents, and grandparents.
  • Grenada does not restrict dual citizenship.

Grenadian citizenship requirements:

An applicant for citizenship must be over 18 years of age, meet the application requirements, and satisfy one of two primary qualifying options:

❖ The real estate option requires a minimum purchase of USD 220,000 from a real estate project that has been approved by the government. An additional non-refundable contribution of USD 50,000 is required for this option. If the real estate is resold to another citizenship as a qualifying investment, it must be held for five years. The real estate may be sold at any time after purchase.

❖ Applicants may contribute a minimum of US$150,000 to Grenada’s National Transformation Fund. For a family of up to four people, the minimum amount is US$200,000. An additional donation of US$25,000 is required for each additional dependent.

❖ An additional contribution of USD 50,000 will be required with the post-approval contribution when an applicant includes an eligible parent under the age of fifty-five. In the case of an application with an eligible sibling, an additional USD 75,000 will need to be contributed alongside the post-approval contribution.

Grenada Citizenship by Investment Procedures and Timeline:

Grenadian citizenship is a simple and efficient process, and it does not require the applicant to visit Grenada. To apply for Grenadian citizenship by investment, you will receive an application, The application will include all the necessary documents, along with detailed instructions.

Once we receive everything back, we will double-check the application for accuracy and completeness. In most cases, the government responds to an application within 90 days of submission. Passports for successful applicants will be issued within 10 working days.

Choosing a real estate project that can provide the necessary paperwork from the developer is important when choosing the real estate option.

  • Passport Rank
  • 29th
  • Visa-Free Countries
  • 140+
  • Time to Residency
  • 4-7 Months
  • Investment
  • Starts from $150,000

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