The Grenada Citizenship by Investment Program was established in August 2013. This program provides a pathway for foreign nationals to become citizens of Grenada, granting them access to the benefits and privileges associated with Grenadian citizenship.
This program allows individuals and their families to obtain Grenadian citizenship through making a qualifying investment in the country, such as in real estate or the National Transformation Fund with a minimum investment of US$150,000.
Through Grenada Citizenship by Investment Program, you can enjoy the pristine beaches, lush rainforests, and vibrant culture blend in perfect harmony, and you are also entitled to visit 159 visa-free countries and territories.
The processing time for the Grenada Citizenship by Investment Program typically ranges from 6 to 8 months.
Grenada experiences a tropical climate with two primary seasons, the dry season and the wet season. The dry season typically occurs from January to May, characterized by lower humidity levels and minimal rainfall. The wet season, which spans from June to December, brings more frequent rainfall and slightly higher humidity.
The national language of Grenada is English. The country’s cultural landscape is shaped by a fusion of indigenous customs, colonial legacies, and contemporary elements. Grenadians are known for their warm hospitality and strong sense of community, as well as their deep appreciation for the arts. Some common festivals in Grenada include Spicemas Carnival, Grenada Chocolate Festival, and Carriacou Parang Festival.
Grenada’s currency is the Eastern Caribbean Dollar (XCD). Grenada is known for its agricultural products, with nutmeg and mace being the country’s most significant exports. Tourism-related activities, such as accommodations, restaurants, and recreational services, contribute significantly to the country’s economy and employment opportunities.
Obtaining citizenship in Grenada comes with many benefits. As a citizen, you will have access to a long list of perks that improve your freedom to travel, E2 investor visa for USA and quality of life.
One of the benefits of obtaining Grenada citizenship through investment is the opportunity to apply for an E2 Investor Visa. This visa allows individuals to live and work in the United States, provided they make a substantial investment in a U.S. business.
You can choose to experience as little of Grenada as you desire with the citizenship-by-investment program, as it does not mandate applicants to relocate or make a personal visit to the country for the application process.
Grenada has no income, wealth, gift, inheritance or capital gains tax. Your investments and income can grow tax-free. As a citizen, you will also have access to business-friendly regulations and a stable economy.
After receiving your Grenada passport, you will gain visa-free access to 159 countries and territories, including Hong Kong, Singapore, the UK, and the Schengen Area. Additionally, Grenada permits visa-free entry to China and has an E-2 Investor Visa Treaty with the USA.
To apply for Grenada citizenship by Investment program, applicant must fulfill one of the following investment options with some other requirements.
Make an eligible investment. This includes donating to a government National Transformation Fund (NTF). This is non-refundable. The investment amount depends on the number of dependents including in the application but starts at US$150,000.
To be eligible for the property option, you can either invest a minimum of US$220,000 or US$350,000 in a Government approved real estate project. The real estate must be held for a minimum of five years from the date your citizenship is granted.
When it comes to Grenada’s Citizenship by Investment Program, the following family members are eligible to apply along with the main applicant:
To qualify for citizenship under the Grenada CBI program, as the primary applicant, you must be at least 18 years of age, need to be in good health and have a clean criminal record. You must present a stable source of income. Finally, you must clear the due diligence.
One of the benefits of the Grenada CBI program is the ability to include certain dependent family members in your citizenship application. Your spouse or common-law partner comes under this category. Spouse must be of at least 18 years of age, with no serious health issues and clean criminal record.
The definition of a “child” in this context refers to a biological or legally adopted child.
Unmarried Children under 18:
If the child is under 18 years old, they must be the offspring of either the investor or the investor’s spouse.
Unmarried Children under 18-30:
For children between the ages of 18 and 30, they must meet two specific criteria: firstly, they must be attending a recognized institution of higher learning, and secondly, they must be financially supported to a significant extent by either the investor or the investor’s spouse.
Parents and Grandparents if are over the age of 55 years and relies significantly on financial support from the investor or the investor’s spouse, they are eligible to be included in the citizenship application.
Unmarried siblings fully dependent upon the investor or investor’s spouse.
Client onboarding at Caribbean Islands Immigration Services starts with Form 1 for initial due diligence. After a successful screening, we provide a Client Agreement (CA) for your review and signature. Once the agreement and payment are received, our legal team handles government forms and documents.
For property investments, you sign an agreement with the developer, and we communicate with them and the Grenada Citizenship by Investment Committee (CBIC) on your behalf.
Application review and submission involve a thorough assessment of your documents to ensure compliance with the CBIC requirements. Our legal team conducts a comprehensive review before submitting the necessary forms.
The CBIC performs its own due diligence and examines all the paperwork. We maintain close collaboration with them to facilitate a timely and efficient processing of your application.
Once the CBIC evaluates and approves your application, you will be required to fulfill all necessary contributions and government fees. Upon completing these payments, the CBIC will issue Certificates of Naturalization, followed by the issuance of your passports.
To be eligible for the Grenada citizenship-by-investment program, you must meet the following criteria. Be above the age of 18, have a clean criminal record, and be in good health.
The typical duration for the approval process and acquisition of a second passport through the Grenada Citizenship by Investment Program is generally around 6-8 months.
After making a minimum investment of US$150,000, an applicant becomes eligible to apply for a passport. It is also possible to include family members in the application. However, it’s important to note that there may be additional government charges for individuals and their families during the application processing, as well as due diligence charges.
No, visiting Grenada is not a mandatory step in the citizenship application process.
No, Grenada allows dual citizenship, and you thus do not need to renounce any other citizenship or passport.
Under Grenadian law, citizens are entitled to a passport. This means that citizens cannot be denied a passport and thus that your passport will be renewed.
Caribbean Islands Immigration Services provides a full range of
Citizenship & Residency program based on investment from basic
advice and consultation to application document checking and full
representation – all at competitive rates.
We operate in complete transparency and provide tailored solutions,
based on our client’s needs, while always being fully compliant with
Goverment rules and regulations.
Speak to our consultant and start your journey today