About Grenada

Grenada is an island country consisting of the island of Grenada and six smaller islands at the southern end of the Grenadines in the southeastern Caribbean Sea. also known as the "Island of Spice" because of the production of nutmeg and mace crops of which Grenada is one of the world's largest exporters.

The island nation of Grenada is a not-so-hidden gem of a country that boasts a year-round temperate climate, spotless beaches, safe environment, and unique topography including waterfalls, a tropical rainforest, and a proud historic culture.

This volcanic island brims with gorgeous beaches, with both black and sugar-fine white sand. Divers savor elegant coral reefs and the largest shipwreck in the Caribbean, and a breathtaking underwater volcano.

Country Profile

  • Capital and largest city: St. George's
  • Official languages: English
  • Total Area: 348.5 km2 (132.8 sq mi)
  • Population: 109,590
  • Currency: East Caribbean Dollar (XCD)
  • Exchange Rate: US$ 1.00 = 2.7000 XCD

Investment Options

To receive a citizenship the Grenada Programme requires making an investment to the country. The Programme provides two opportunities, which are: authorised real estate acquisition and donation to the Government National Transformation Fund.

 

Option 1 - National Transformation Fund (NTF)

Acquisition of citizenship under the National Transformation Fund (NTF) investment option requires a contribution to the (NTF) in the minimum sum of US$ 200.000 per application plus administrative fees.

 

Option 2 - Real Estate

Real estate acquisition, the government requires applicants to make an investment in designated, officially approved developments with a value of at least US$ 350.000 plus the payment of relevant fees. The real estate shareholding can be divested four (4) years after the purchase.

 

Fixed Fees

The following Fees apply to both investment options Real Estate and (NTF).

 

Government Fee
For up to 4 applicants US$ 50.000
for each additional dependent US$ 25.000

 

Application Fee
Per Person US$ 1.500

 

Processing Fee
For each person, except dependent children under 18 US$ 1.500
dependent children under 18 US$ 500

 

Due Diligence Fee
Main applicant US$ 5.000
for spouse US$ 5.000
for dependents aged 12-17 US$ 2.000
for dependents aged 18-25 US$ 5.000
for dependents parents aged 65 and over US$ 5.000

 

 

 

Benefits of a Grenadian Citizenship and Passport

Once you receives the Grenada passport, you may live, work, study, and travel without restriction in the country. Additionally, because of Grenada’s membership in CARICOM – the Caribbean Community – your second passport will be a CARICOM passport and will be valid for entry into, and travel through the CARICOM membership countries without the need of a visa.

 

Benefits of Grenadian Citizenship

  • Instant travel to over 130 countries.
  • Inclusion of family members.
  • Dual Citizenship, No requirement to relinquish current citizenship.
  • You are not required to reside in or travel to Grenada during or after application process.
  • The Passport is valid for 5 years.
  • Ability to travel visa-free.
  • No income, wealth, or inheritance taxes.
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