What is the Grenada Citizenship by investment program
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 150,000 as a government donation, or invest a minimum of USD 220,000 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
Advantages
- 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
- Visa-free travel/entry to over 140 countries
- 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
- Ability to live, work and settle in any other member of the CARICOM countries
Investment Options
1.The Donation option
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- Minimum contribution:
- USD 150,000 for a single applicant
- USD 200,000 for applicant and up to 3 dependants
- USD 25,000 for each additional dependent
- Minimum contribution:
2.The Real Estate option (Direct Purchase)
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- Acquisition of approved real estate with a minimum value of USD 350,000 to be held for at least five years
3.The Real Estate option (Share Investment)
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- Purchase a share in authorised real estate with a minimum value of USD 220,000, which must be held for at least five years
- Additional fees apply, such as Due Diligence, Application, Processing fees and other Government fees
View government-approved real estate projects:
Intercontinental La Sagesse Grenada
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
Process (between 4-8 months)
- Prepare all the documents required, submit them via an authorised agent, and pay due diligence and government fees
- Upon approval-in-principle, the applicant will need to complete the required investment and pay remaining government fees
- You will be advised of the decision, 60 business days after the date of the application
- Finally, you will receive your passport
The present document is intended for guidance and general information only and does not constitute or purport to provide you with legal advice. Such information is subject to changes without notice. Each case is unique and depends on the facts and circumstances of the individual and due consideration should be taken if applying the general information to your personal situation. For an evaluation of your personal circumstances one of our legal team would be happy to assist.
