Grenada

Citizenship By Investment 

Grenada, or as is known as the Isle of Spices, due to the wide variety and production of spices, in addition to nutmeg and cocoa. It has a tropical climate and fertile and rich soil which encouraged its inhabitants to practice agriculture.

It is located between the Caribbean Sea and the Atlantic Ocean

It is located northwest of Trinidad and Tobago, northeast of Venezuela, and southwest of Saint Vincent and the Grenadines. The average area is 344 km².

It has an estimated population of 110.000

The capital of the state is St George’s.

The official language:

English is the official language of Grenada.

The currency is East Caribbean dollar, denoted by XCD

Every 1 USD equals 2.7 Eastern Caribbean dollars.

How to obtain citizenship by investment from Grenada?

Applicants under Grenada Citizenship by Investment Program must choose one of the following options:

  • Government non-refundable Donation to National Transformation Fund (NTF):

$150,000 for a single applicant

$200,000 The minimum investment for a family of 4 members.

$ 25,000 Additional fees for each new member after the second child.

$75,000 Additional fees for each Sibling

Siblings can be added to the citizenship file, up to the age of 30.

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In addition to Government Fees, Administrative Fees, and Due Diligence Fees.

  • Purchasing a property from one of the real estate projects approved by the government:

There are two choices:

  1. Either buy a property with a private title deed of $350,000, while preserving the property for 4 years.
  2. Or buy a property with a joint ownership deed of $220,000, while maintaining the property for 5 years. 

Government Fees:

$50,000 for a family of 4 people.

$25,000 Additional fees for each new member after the second child.

$75,000 Additional fees for each sibling

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In addition to Government Fees, Administrative Fees, and Due Diligence Fees.

Advantages of Grenada Citizenship Program:

  1. Inclusion of spouse and children under the age of 30 in the same application.
  2. Possibility to add parents, grandparents, and in-laws to the application of the main applicant and/or spouse.
  3. Siblings are allowed to be included in the application under certain conditions and an additional fee ($75,000 per sibling).
  4. The citizenship can be transferred and inherited to future generations, making it a first-class citizenship.
  5. Dual citizenship is allowed, and there is no requirement to renounce the current citizenship.
  6. No language requirements for obtaining citizenship.
  7. Only government-approved investments are accepted, unlike other investment programs.
  8. Complete confidentiality in the implementation of procedures.
  9. Minimum transaction execution fees are required, while the significant investment amount is paid after the government’s approval of the citizenship application.
  10. No academic certificates or managerial experience is required.
  11. Residence in Grenada is not required before, during, or after obtaining citizenship.

What are the benefits of obtaining citizenship from Grenada?

  1. Access more than 140 countries with Grenada passports without the need to apply for a visa, including Europe’s Schengen area, the United Kingdom, China, Singapore, and Hong Kong.
  2. E2 investor visa opportunity.
  3. Ownership of the 33rd-ranked passport in the world.
  4. Possibility of establishing a company in any country in the world.
  5. Lowest tax rates and free trade environment.
  6. Beneficial tax regime – you will not be liable for any income tax, capital gains tax, or inheritance tax.
  7. Ability to study in one of the best universities in the world.
  8. CARICOM treaties that allow free trade between the Caribbean countries

Required Documents for application:

Birth certificate for all applicants and a marriage certificate.

Clear criminal record.

A bank financial statement with proof of a legal source of income.

Medical examination (health certificate that it is free of diseases).

CV. and recommendation letters.

Steps to Obtain Citizenship by Investment From Grenada:

Step 1: Pre-Application Assessment:

Provide us with a copy of all applicants’ passports once you have agreed on the investment routes. We will conduct a free pre-screening and application assessment, including a general due diligence check.

Step 2: Signing the Contracts:

Sign the contract with NTL and make the down payment.

Step 3: Application Preparation
We will assist you in filling out the necessary application forms and checking all the required documents.

Step 4: Submitting the Application
We will support you in paying the government and application submitting fees. Afterwards, we will apply to the Unit.

Step 5: Government Approval of the Application
The Unit will issue the approval letter.

Step 6: Payment for Donation or Investment
You will make the final payment to the government.

Step 7: Issuing Your Citizenship Certificates and Passports
The Unit will issue the certificates of citizenship, and after that, the Passport office will issue the passports.

Step 8: Closing and Transfer
We will send all your new original documents: including your citizenship certificate and your new passport to the address you provide through a courier or hand them over to you at one of our offices.

Info & useful links about Grenada:

What is the CARICOM Convention? Click here to read more.

The citizenship by investment program from Grenada is one of the World’s Top Ten Citizenship by Investment Programs, click here to read more

Türkiye is on the competition line with Grenada for the E2 visa, click here to read more

Grenada Government Simplifies Citizenship Procedures, click here to read more

Grenada Amends CBI: Resold CBI-Property to Qualify – Siblings, Grandparents Now Eligible as Dependents, click here to read more

The Caribbean Citizenship Summit 2016, click here to read more

Do you know that the Commonwealth includes a third of the world? Click here for more

National Dish of Grenada, click here to read more.

Grenada Visa free traveling map NTL
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