Grenada Citizenship by Investment Program

The newest Economic Citizenship Program, Grenada’s Pilot scheme will allow qualified investors and their family members to apply for citizenship and benefit from facilitation of visa-free travel to over 100 countries including UK and newly added Schengen Countries.

Qualifications / Investment Options

The Citizenship by Investment Act allows investor applicants to qualify for expedited naturalisation as Grenadian citizens in two ways:

  • Investment of a minimum of US$ 350,000 in an Approved Real Estate Project. The investment is subject to a minimum holding period of four (4) years.
  • A non-refundable donation of US$ 200,000 to the Island Transformation Fund.

Residency Obligation: No physical residency obligation.

Benefits

  • Fast processing within 4 months
  • The opportunity to own freehold prime real estate in an approved project.
  • The real estate owned by the investor can generate a modest annual income, used by the investor along with family and friends, and may enhance its market value.
  • Inclusion of dependent children under 25 years
  • Inclusion of dependent parents regardless of age
  • No physical residency requirements
  • No requirements to travel to Grenada during the application process
  • No interview, education or management experience required
  • Visa-free travel to over 100 countries including the UK  and newly added Schengen zone
  • E-2 treaty ‘Investor Visa’ signed between Grenada and the United States allows citizens of Grenada to operate a substantial business in the U.S. and reside therein
  • No tax on worldwide income.
Grenada Citizenship by Investment Program

Grenada Citizenship by Investment Program

The process

  • Month 1:
    • File preparation, verification of documents and completion of due diligence. Application fees must be paid at this stage.
    • Investing in the selected approved real estate project.
  • Month 2:
    • Submission of Citizenship Application after which confirmation of received file is issued. Naturalization certificate is issued.
  • Month 3-4:
    • Submission of Passport Application.
    • Issuance of passport.