Grenada Citizenship by Investment
Citizenship by Donation or by Real Estate Investment
The Grenada Citizenship by Investment Program is designed to provide an opportunity for investors, applicants, and their families to acquire an alternate citizenship, while also investing in a real estate project in Grenada. To be eligible for the program, applicants are required to make a financial commitment of at least USD 235,000 as a government donation, or invest a minimum of USD 270,000 in a real estate project. Upon successful completion of the program, applicants and their families are granted Grenada citizenship for life.
Grenada Citizenship by Investment Benefits
Residency and Family Inclusion
- Grenada Citizenship for life, applicable for future generations.
- Grenada allows the Dual citizenship.
Dependents included:
- Spouse.
- Children under 30 years old.
- Parents and Grandparents of any age.
- Siblings of the main applicant or spouse that are over 18 years old, single and with no children.
Travel and Quality of Life
- Visa-free travel/entry to over 140 countries.
- Ability to live, work and settle in any other member of the CARICOM countries.
Ease of Access
- No language requirement.
- Attractive tax regime.
- Enables investors to apply for the USA E-2 Visa.
- No country restrictions.
- Fast physical processing times.
- No education or management experience required.
Grenada Citizenship by Investment Requirements
- Be over 18 years old.
- Have no criminal record.
- Provide all the required documents in English.
- Make a qualifying donation or investment.
- Your must submit your application through a government-authorised agent.
Grenada Citizenship Investment Options
The Donation Option
Minimum contribution:
- USD 235,000 for a family of up to 4 (excl.*).
- USD 25,000 for each additional dependent (excl.*).
- *USD 50,000 for each parent/grandparent under 55.
- *USD 75,000 for each qualified sibling.
The Direct Purchase Real Estate Option
Acquisition of approved real estate with a minimum value of USD 350,000 to be held for at least five years.
- Purchase a share in authorised real estate in Grenada with a minimum value of USD 270,000, which must be held for at least five years.
- Additional fees apply, such as Due Diligence, Application, Processing fees and other Government fees.
Government-Approved Real Estate Projects For Citizenship By Investment
Grenada InterContinental La Sagesse
- Luxury 5 star hotel at La Sagesse.
- Investors can purchase a ‘qualifying’ share of ownership of the Intercontinental Hotel at La Sagesse Grenada.
- Investment Sum is 220,000.
- Developer Range Developments has a proven track record without outstanding projects completed in the Caribbean.
- Entitled to 1 week of free personal use per year which may be redeemed in various hotels during the construction period.
- Construction commenced in May 2022.
- A member of IHG® Hotels & Resorts which is one of the world’s leading hotel companies.
Grenada Hideaway
- 45 luxury all-suite condominium units, fully furnished and fully rented all subject to an ownership title.
- Investors can purchase a qualifying share for USD 220,000.
- Guaranteed 3% annual interest return.
- Located next to World Renowned St. Georges University School of Medicine 10 minutes from the airport.
- High rental and occupancy rates all year long.
- Trusted developer with a proven track record.
- Buyback option available after 5 years.
- No ongoing maintenance or operations costs.
Grenada Beach House By Silversands
- Luxury 31 rooms boutique hotel on Portici Beach with stunning sunset vistas
- Investors can purchase a qualifying share of ownership for USD 220,000
- Return of full investment amount after 5 years
- Developer Ora Caribbean has a proven track record without outstanding projects completed around the world
- 1 week of free personal use per year at the Silversands Origin flagship development on Grand Anse Beach
- Member of the Leading Hotels of the World Virtuoso property
Grenada Six Senses La Sagesse
- 5-star prestigious hotel
- Investors can purchase a ‘qualifying’ share of ownership of the Six Senses La Sagesse Grenada
- Investors can purchase a qualifying share of ownership for USD 220,000
- Ability to resell the investment after 5 years
- Convenient and prime location
- 1 week of free personal use per year at Park Hyatt St. Kitts or Kempinski Dominica each year during the construction period
- Security of an international developer and globally recognized brand
Grenada Citizenship Process
Processing time 4-8 Months
Due Diligence And Application
- Complete pre-assessment, KYC and eligibility checks.
- Complete the Grenada bank approval process.
- Complete all application forms, payment of legal and due diligence fees.
- Submit application through an authorized agent.
Approval And Investment
Upon approval, pay balance of the investment, passport fees and other government fees.
Citizenship
- Obtain the Certificate of Grenada Citizenship.
- Issue Passports for all family members.
Contact us
With over 30 years of immigration experience, each of Harvey Law Group’s lawyers carefully studies each client’s needs, resources and determines the immigration solution that best aligns with our client’s vision and values.
Frequently Asked Questions
What is the Grenada Citizenship by Investment Program?
The Grenada Citizenship-by-Investment Program (“CIP”) offers eligible individuals and their families the opportunity to obtain full legal citizenship upon making a qualifying significant investment in Grenada.
Who is eligible to apply for citizenship in Grenada?
To qualify for the Grenada CIP, the primary applicant must be over 18 years old, of good character, and must make an investment or contribution in one of the qualifying investment options. Individuals who have previously been convicted in any country of an offence or provide false information on their application may be ineligible.
Who can be included as a dependent in the citizenship application?
Qualifying dependents can include the main applicant’s spouse, financially supported and dependent children up to 30 years old, unmarried and childless siblings at least 18 years old, and the fully supported parents or grandparents or the main applicant or spouse.
What are the benefits of Grenada passport?
Grenada passport holders can enjoy visa-free travel to over 140 jurisdictions, including Hong Kong, Singapore, the UK, and the European Union. In addition, Grenada citizenships are valid for a lifetime and dual citizenships are permitted.
What is the typical processing time to obtain the Citizenship in Grenada?
The usual expected processing time to obtain the Citizenship in Grenada varies but on average, the timeline can take between 6 to 12 months. Some applications may take longer due to the complexity of the application, or a delay in obtaining or providing further documents that have been requested.
Is it necessary to travel or reside in Grenada during the citizenship application process?
No, there is no requirement to travel or reside in Grenada prior to obtaining citizenship.
Must I provide proof of the source of funds for my investment?
Yes, applicants are required to show their source of funds as proof of sufficient funds for investment and that the funds have been legally obtained. The type of documents required will vary depending on the source of the investment funds.
Can I use funds gifted by a friend or family member for my investment?
Yes, applicants can include money that has been gifted by a friend or family member for the investment. In most cases, additional documents will be required from the sponsor regarding their source of funds. The type of documents required will vary depending on the source of the investment funds.
What are the Grenada citizenship by investment real estate options?
Grenada’s Citizenship by Investment program offers a compelling pathway for individuals seeking a second passport through real estate investment. With its stunning landscapes and welcoming culture, Grenada is an attractive destination for investors. The top real estate options available under this program, include the Grenada Beach House by Silversands, Grenada Hideaway, Grenada Intercontinental La Sagesse, and Grenada Six Senses La Sagesse.