Grenada is a small island nation of volcanic organic located in between the Caribbean Sea and the Atlantic Ocean. Nicknamed “Spice Island”, the country is a leading producer of nutmeg, mace, ginger, and cloves. As like most Caribbean countries, the country is dotted with several lush green valleys, rainforests, and mountain lakes. Grenada is a member of several international organizations such as Commonwealth of Nations, CARICOM, and the OECS. The country is governed by a parliamentary democracy and follows a mixed economic system
About the Country in Numbers
Although referred to us a tri-island nation, Grenada is composed of 1 large island and 6 smaller islands. Grenada is home to the world’s first-ever underwater sculpture park
About Grenada Citizenship by Investment Program
The legal basis of Grenada’s citizenship by investment program can be traced back to the Citizenship by Investment Act passed by the Grenadian parliament in 2013. The law outlined all the rules and regulations by which a foreign citizen could acquire citizenship and a Grenadian passport by investing in the country’s economy. With the minimum contribution set at USD 150,000 for a single applicant, the program today is lauded by investors for its hassle-free application process and quick turnaround time.
Grenada’s Citizenship by Investment program is one of the very few programs of its kind that does not place restriction on specific nationalities. Additionally, apart from the investment requirement, there are no other strict conditions, and anyone can apply if they are of outstanding character, in good health, and has no criminal record. In addition to being able to travel to more than 140+ countries without a visa, Citizens you’ve gained their Grenadian Citizenship & Passport through the investor immigration program can also enjoy several tax benefits including zero income tax on global income. It is required by law that all citizenship by investment applications must be submitted through an accredited agent. DM Citizenship by Investment Consultant is a registered agent with Grenada’s CBI Unit and can help you get your Grenadian citizenship and second passport without any hassles. Reach out to our citizenship consultants to know more about us and how we can help.
Minimum Investment Required (Contribution to NTF) is USD 150,000
Passport Issuance Time
From initial application to passport issuance the normal timeframe is 6 months
Travel without any visa restrictions to more than 140+ countries.
Gateway to US Visa
Upon becoming a Grenadian citizen, investor can gain the opportunity to secure an US E-2 Investor Visa.
The applicant can add his/her spouse, children less than 30yrs of age, siblings over the age of 18, and parents over the age of 55 as dependents in their application.
Benefits of Grenada Citizenship by Investment
If flexibility, freedom to travel, and business opportunities are what you seek, then Grenada’s Citizenship by Investment program is the perfect choice to secure the future yourself and your family
- Visa-free travel to 140+ countries including Europe’s Schengen Zone, China, Hong Kong, and Singapore.
- Dual Citizenship is Permitted.
- Citizenship Acquired is for lifetime and can be transferred to future generations.
- Grenada citizens are eligible to apply for and obtain an US E-2 Investor Visa and 10 Year US Tourist Visa.
- No minimum stay is required during the application process.
- No tax is levied on income generated from outside the country.
Grenada Investment Options
Non-Refundable Contribution to NTF
Minimum Investment: $150,000
Established in 2013, Grenada’s National Transformation Fund was setup by the Grenadian government to secure foreign investments and thereby transform the country’s economy. Through this option, a single applicant is required to contribute a minimum of USD 150,000 to secure Grenadian citizenship and second passport. For a family of four, the minimum contribution required is USD 200,000 and for every other dependent an additional USD 25,000 will need to be donated.
Real Estate Investment
Minimum Investment: $220,000
Through this option, the applicant is required to make a minimum real estate investment of USD 220,000 in a state-approved property. Although the investment required is higher than the donation to be made to the NTF, applicants are free to resell the property after a period of four years.
Grenada Citizenship by Investment Process
Prior to officially submitting your application, the DM team will perform a preliminary check. This is done to understand the possible risks to your application getting approved and thereby find solutions for them.
Once, all possible risks have been identified and solved, we proceed to prepare the documents needed to officially submit the application to Grenada’s Citizenship by Investment Unit.
Due Diligence Check
Once we’ve checked, verified, and prepared the documents, we’ll submit your application to the concerned government department in Grenada. The concerned department will carry out a due diligence check to verify all the information listed in the investor’s application. The due diligence process can take up to 3 months to be completed.
Approval of Application
In most cases, the investor will receive the notification about his/her application if it is successful within a period of 30-45 days.
Fulfillment of the Investment
Upon approval of the application, the investor is required to fulfill the investment condition
Fulfillment of the Investment Criterion
Once the investment made been made and verified, the applicant along with his/her dependents shall receive their passports within 4-6 weeks.
Get the Passport
Once the investment made been made and verified, the applicant along with his/her dependents shall receive their passports
Get in Touch
We assists international clients in obtaining residence and citizenship under the respective programs.
Get in Touch
Congratulations you have taken first step towards a better future. Our team will contact you as soon as possible.