Grenada Citizenship

THE FASTEST AND EASIEST WAY TO CITIZENSHIP

GRENADA PERMANENT CITIZENSHIP:

Investment options
Real Estate Investment

Applicants must invest a minimum of $220,000 in a government approval real estate project which must be maintained for a minimum of 5 years. The minimum amount includes the main applicant, Main applicant’s spouse and two qualifying dependents.

National Transformation Fund Donation (Non-refundable)

For single applicant, a minimum of $150,000.
For married couple, a minimum of $200,000.
For a family of 4 (excluding siblings), a minimum of $200,000.

Benefits

Visa-free or visa-on-arrival access to 144 destinations including China, Hong Kong, Singapore, the UK, and Europe’s Schengen Area.
It is the only Caribbean country with a citizenship program that has visa-free access to China.
It is the only Caribbean citizenship by investment program that holds an E-2 Investor Visa Treaty with the USA, allowing citizens to be eligible to apply for a non-immigrant visa under some conditions.
Grenada passport holders can be eligible to travel to USA by obtaining a US tourist visa (B1/B2) for 10 years.
Citizenship transferable to new spouses and future generations.
The ability to include a spouse, dependent children under 30, unmarried siblings aged 18 and over with no children, Parents and parents in law above 55 years old.
No restrictions on dual citizenship in Grenada.
No minimum stay required before and after getting citizenship.
6 months duration for getting your passport.
No physical residence required.
Minimal processing fees.
No interview, language or history tests requirements.
Children born after granted citizenship can be registered by ministry of national security.
The investment could be retained after 5 years.

WHY INVEST IN GRENADA:

Grenada is a member of the Commonwealth, which entitles citizens to certain privileges in the UK and other Commonwealth countries.
Excellent education standards.
An English speaking, educated and trainable workforce.
Bustling trade and tourism economy.
Stable political Environment.
Tropical weather throughout the year.
There are more than 50 dive sites to explore with a selection of wrecks and reefs that house an abundance of marine life.
It has more than 50 beaches and 15 breathtaking waterfalls to enjoy.
Grenada is considered to be one of the safest islands in the Caribbean.
Its rich history is apparent throughout the island’s street names and landmarks.
It’s a chocolate lover’s paradise.
The best shopping and souvenirs can be found around the island.
Grenada; the "Island of Spice" where Nutmeg is dubbed “black gold” by locals and it is the 14th largest exporter of Nutmeg, mace and cardamoms in the world.
There is nothing quite like the annual Spice Más Carnival “Pure Mas”.
Visitors will find rows of locally built boats on its shores with boat-building techniques dating back to the 19th century.
The tourism industry in Grenada is flourishing so your investment there will place you in good stead.
No personal income tax to be removed.
There is no inheritance, wealth, gift, foreign income, capital gains, income taxes and no stamp duties. For companies, the terms are different but still beneficial compared to other countries.
It has multinational agreements in effect with other countries to promote free trade and travel.

ABOUT GRENADA:

Official Name: Grenada- “ Spice Island”
Form of Government: Parliamentary representative democracy
Capital: St. George's
Population: 112,003
Official Language: English
Currency: Eastern Caribbean dollars (XCD)
Area: 348.5 Km2
Education: Free& Compulsory Primary EducationTertiary Education Modeled on the British educational system
Culture: Grounded on African Traditions with a Mixture of British, , West Indian and French influences: “ Spicemas Grenada Carnival”, Street Dances, Music festivals etc.
Environment: Archipelago ,Volcanic origin, Mountainous interior rivers, lakes, waterfalls& Forests Industrial Pollution, limited water supply
Health Care:Among the best Systems in the Region Public& Private Compulsory National insurance scheme for work related injuries. Managed and funded by the MOH
Taxation: 15-30%
Tourism: Tourism serves as the leading foreign currency earning sector. Attracts Tourist for its beaches, Nature, underwater sculpture park
Weather: Humid and tropical
Politics: Stable
Schengen: Not a Member
Religion: Christianity

QUALIFICATION & INVESTMENT CRITERIA:

Applicant must be at least 18 years old.
With an outstanding character.
In good health.
Clean Criminal Record.
Sales / purchase contract for the type of investment needed.
Proof of source of wealth :documents providing from where the wealth has been derived
Proof of source of investment funds: supporting with bank statements for last 12 months, owned properties contracts…
Proof of annual income –Audited accounts for business owners, HR letter, bank account interest, rental contracts…
Passport.
Marriage certificate.
Birth certificate for unmarried dependent siblings who are 18 years old and above.
Paper documents for Dependent parents/ grandparents.
Paper documents for Dependent children under the age of 30.
Must undergo due diligence checks to gain approval by the government.

Government fees for real estate investment

Investor $50,000
Investor + spouse $50,000
Family of 5 $50,000
Parent over 55 years $25,000
Parent under 55 years $50,000
Additional dependent child $25,000
Dependent sibling $75,000

Due Diligence and background check fees for real estate investment

Investor $5,000
Spouse $5,000
Dependent child aged 17-25 years old $5,000
Dependent child aged below 17 years old $0
Parent over 55 years $5,000
Parent under 55 years $5,000
Additional dependent child $5,000
Dependent sibling $5,000

Additional fees for real estate investment

Investor $1,500
Additional applicant older than 18 years old $1,500
Additional applicant younger than 18 years old $500

Due diligence fees for National Transformation Fund Donation

Investor and family member aged 17 years old and more $5,000

Government fees for National Transformation Fund Donation

Parent over 55 years old or child starting with the 5th family member $25,000
Parent under 55 years old $50,000
Dependent sibling $75,000
Additional fees and charges may be applicable Procedures and time frame of the Grenada Citizenship by Investment Program
The application process for Grenadian citizenship is efficient and uncomplicated, and the applicant is not required to visit Grenada to complete the process.
The Grenadian citizenship by investment application will include all the relevant documentation, accompanied by detailed instructions.
Once an application is submitted, the government generally provides an answer within 90 days. Passports for successful applicants will be issued within 10 working days.
Under the real estate option, the time frame may vary depending upon the project. Therefore, it is important to select a real estate project that is able to provide the necessary paperwork from the developer.