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CITIZENSHIP BY INVESTMENT - GRENADA
Grenada has one of the most pristine environments in the Caribbean and offers investors and high net worth individuals high quality of life and a relatively un-spoilt natural environment.
Grenada as a destination has a rich history and vibrant living cultural heritage. Grenada has one of the most politically stable systems and ensures investors’ stability and capital. Investors are amazed by Grenada’s touristic and development potential and by some of this country’s unique characteristics, such as a wide variety of spices available, fantastic beaches, waterfalls, world-class restaurants, and its year-round warm weather.
Significant tourism potential and equal treatment to national and foreign investors have made Grenada a strategic investment destination that can offer many benefits to those willing to invest in it.
To encourage discovery by qualified investors and enhance foreign direct investment, Grenada has established its Citizenship by Investment Program in 1996. In 2001 the program was temporarily closed, remodeled, and reponed in 2013.
Grenada citizenship by investment application process is characterized as efficient and not complicated. The main advantage is that Applicant is not required to visit Grenada during the application process.
WHY GRENADA?
MAIN CRITERIA:
Minimum investment:
150.000 USD
Is donation required?
Yes.
Is dual citizenship allowed?
Yes!
MAIN BENEFITS OF GRENADA CITIZENSHIP BY INVESTMENT PROGRAM:
TO QUALIFY AS AN APPLICANT INVESTOR MUST:
QUALIFYING INVESTMENT OPTIONS:
Investors can select one of the following investment options:
Investment into pre-approved real-estate
Investors must invest:
1 – Minimum of 350.000 USD into pre-approved real estate
2 – Keep investment for a minimum of four years
This minimum investment includes the principal applicant, spouse, and two qualifying dependents.
Furthermore, if an application includes additional dependents, an investor must:
1 – invest an extra 25.000 USD for each other dependent
If an application includes an eligible parent, an investor must:
1 – invest an additional contribution of 50.000 USD
If an application includes an eligible sibling, an investor must:
1 – invest an additional contribution of 75.000 USD
Donation to National Transformation Fund
Applicants can choose to donate a minimum of 150.000 USD to Grenada’s National Transformation Fund.
This minimum amount covers only the principal applicant.
An investment of 200.000 USD is required for a family of up to four people.
For each additional dependent, a donation of 25.000 USD is required.
If an application includes an eligible parent, an additional contribution of 50.000 USD is required.
If an application includes an eligible sibling, an additional contribution of 75.000 USD is required.
PROCEDURES AND TIMELINE
Investors are not required to visit Grenada at any stage of the program.
There are no language or other exam requirements to be filled to finalize application requirements.
Application for Grenada Citizenship by Investment program can’t be submitted by investor personally – but the investor must go through the advisory firm.
The Government vets each application through a thorough due diligence background check, during which submitted information is examined and verified.
If the application is successful, the CBIC issues a letter instructing the applicant to contribute or complete their real estate purchase.
Upon competition of contribution or purchase of property, the applicant will receive a confirmation on his application – and the passport will be issued within the confirmed deadline.
WHO IS QUALIFIED AS DEPENDENT ON THE APPLICATION?
Enquiry
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Grenada has one of the most pristine environments in the Caribbean and offers investors and high net worth individuals high quality of life and a relatively un-spoilt natural environment. Grenada as a destination has a rich history and vibrant living cultural heritage. Grenada has one of the most politically stable systems and ensures investors’ stability and capital