ABOUT

Grenada, known as the ‘Isle of Spice,’ is one of the most magnificent islands in the West Indies. Unspoiled and exotic, it astounds visitors with its wildly jagged mountain peaks, hidden coves, spice plantations, and lush verdant rainforests. Its beaches are idyllic, with white or golden sand, palm trees, crystal clear azure sea, and the delicate aroma of the island’s native spices. In addition to its scenery, Grenada offers culture, fun, and friendliness typical of the authentic Caribbean life – making Grenada the perfect place in which to live, work, and play. Grenada was traditionally inhabited by Carib Indians who migrated from the South American mainland. The island was originally known as Camerhougue, but Christopher Columbus renamed it ‘Concepcion Island’ when he visited it in 1498. Successive Spanish sailors found it to be so evocative of Andalucia’s green mountain scenery that they named it after the city of Granada.

Key Advantages of Grenada

ADVANTAGES:

  • Grenada citizens qualify for an E-2 visa to the USA.
  • Only Caribbean CBI offers visa-free entry to China.
  • E-visa to Iran.
  • The naturalization of newborn children and the new spouses is available immediately.
  • No physical residence or personal visit required.
  • All nationalities accepted.
  • A permanent Residency picture ID card is issued upon receiving Citizenship.
  • Any dependent parent can be included in the application (no age limit).

CHALLENGES:

  • Real Estate investment resale does not qualify a new purchaser for citizenship.
  • Adult passport validity – 5 years.
  • Limited Real Estate investment options that are approved under the Citizenship by Investment Program.
  • The government processing fee for each applicant is due upon submission of the application and is non-refundable.
  • 1% bank charge on all deposits made from incoming wires to CBI Accounts.
INVESTMENT OPTIONS

The National Transformation Fund (NTF) was established in 2013 as a means of transforming Grenada’s economy into one that is ever more prosperous and independent. The NTF finances various projects in Grenada for the benefit of its many industries, including tourism, agriculture, and alternative energy.  Individuals who obtain Grenadian citizenship are entitled to the same rights as any other Grenadian citizen, including the right to live and work in Grenada at all times. Moreover, because Grenada is a member of the Caribbean Community (CARICOM), Grenadian citizens have the right to live in any other CARICOM member state.

 

Citizenship Fees .

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Government Due Diligence Fees

(Fees are non refundable and are due upon submission of application to the Citizenship by Investment Committee)
  • $5,000 per each applicant 16+.
  • $0 per dependent child aged 0-15.
Minimum Investment

(Investment is due upon official approval in principle from the Citizenship by Investment Committee and is non refundable)
  • $150,000 single applicant.
  • $200,000 main applicant with up to 3 other qualifying dependents.
  • $25,000 per each additional qualifying child 0-30 and parent 55+.
Government Processing Fees

(Fees are non refundable and are due upon submission of application to the Citizenship by Investment Committee)

Application Fee, due upon submission:

  • $1,500 per each applicant.

Processing Fee, due upon submission:

  • $1,500 per each applicant aged 16 and over.
  • $500 per dependent child aged 0-15.

Issuance of Grenada Permanent Residence Card:

  • $1,000 per each applicant.

A minimum investment of US$350,000 qualifies foreign nationals to obtain full citizenship and a passport for Grenada. The real estate investment route is the only option which enables investors to immediately claim domicile if desired and recover funds used to acquire citizenship. Investors have the option to rent their property through an experienced management company, earn monthly rental income, and sell the property once the 3-5-year mandatory holding period has expired (the timeframe varies from developer to developer).

Terra Realty, a division of Corporate Solutions Ltd, provides expert, independent real estate advisory services to clients worldwide who are seeking Citizenship-by Investment.

Once an applicant’s application for citizenship is approved in principle (approximately 60-90 days from the date of submission of documents to Government), and the requisite investment is made, the applicant, along with family members will become lifetime citizens of Grenada.

There is no physical residency requirement associated with citizenship of Grenada. Applicants have the choice to either live in the country or abroad.

 

Investment Requirements – Real Estate.

onetwo
Government Due Diligence Fees

(Fees are due upon submission of application to the Citizenship by Investment Committee and is non refundable)
  • $5,000 per each applicant 16+.
  • $0 per dependent child aged 0-15.
Minimum Investment

(Investment is due upon official approval in principle from the Citizenship by Investment Committee and is non refundable)		Full Ownership:
  • $350,000 qualifies 1 familiy.
Joint Ownership:
  • $440,000 qualifies 2 principle.

applicants with dependents (must apply together) RE can be resold in 3-5 years under CBI.
Government Application Fees

(Fees are non refundable)

Application Fee, due upon submission:

  • $1,500 per each applicant.

Processing Fee, due upon submission:

  • $1,500 per each applicant aged 16 and over.
  • $500 per dependent child aged 0-15.

Government Fee, due upon approval in principle:

  • $50,000 main applicant with up to 3 dependents.
  • $25,000 per each additional qualifying dependent.

Issuance of Grenada Permanent Residence Card:

  • $1,000 per each applicant.
Donation to the NTF

The National Transformation Fund (NTF) was established in 2013 as a means of transforming Grenada’s economy into one that is ever more prosperous and independent. The NTF finances various projects in Grenada for the benefit of its many industries, including tourism, agriculture, and alternative energy.  Individuals who obtain Grenadian citizenship are entitled to the same rights as any other Grenadian citizen, including the right to live and work in Grenada at all times. Moreover, because Grenada is a member of the Caribbean Community (CARICOM), Grenadian citizens have the right to live in any other CARICOM member state.

 

Citizenship Fees .

onetwo
Government Due Diligence Fees

(Fees are non refundable and are due upon submission of application to the Citizenship by Investment Committee)
  • $5,000 per each applicant 16+.
  • $0 per dependent child aged 0-15.
Minimum Investment

(Investment is due upon official approval in principle from the Citizenship by Investment Committee and is non refundable)
  • $150,000 single applicant.
  • $200,000 main applicant with up to 3 other qualifying dependents.
  • $25,000 per each additional qualifying child 0-30 and parent 55+.
Government Processing Fees

(Fees are non refundable and are due upon submission of application to the Citizenship by Investment Committee)

Application Fee, due upon submission:

  • $1,500 per each applicant.

Processing Fee, due upon submission:

  • $1,500 per each applicant aged 16 and over.
  • $500 per dependent child aged 0-15.

Issuance of Grenada Permanent Residence Card:

  • $1,000 per each applicant.
Real Estate Investment

A minimum investment of US$350,000 qualifies foreign nationals to obtain full citizenship and a passport for Grenada. The real estate investment route is the only option which enables investors to immediately claim domicile if desired and recover funds used to acquire citizenship. Investors have the option to rent their property through an experienced management company, earn monthly rental income, and sell the property once the 3-5-year mandatory holding period has expired (the timeframe varies from developer to developer).

Terra Realty, a division of Corporate Solutions Ltd, provides expert, independent real estate advisory services to clients worldwide who are seeking Citizenship-by Investment.

Once an applicant’s application for citizenship is approved in principle (approximately 60-90 days from the date of submission of documents to Government), and the requisite investment is made, the applicant, along with family members will become lifetime citizens of Grenada.

There is no physical residency requirement associated with citizenship of Grenada. Applicants have the choice to either live in the country or abroad.

 

Investment Requirements – Real Estate.

onetwo
Government Due Diligence Fees

(Fees are due upon submission of application to the Citizenship by Investment Committee and is non refundable)
  • $5,000 per each applicant 16+.
  • $0 per dependent child aged 0-15.
Minimum Investment

(Investment is due upon official approval in principle from the Citizenship by Investment Committee and is non refundable)		Full Ownership:
  • $350,000 qualifies 1 familiy.
Joint Ownership:
  • $440,000 qualifies 2 principle.

applicants with dependents (must apply together) RE can be resold in 3-5 years under CBI.
Government Application Fees

(Fees are non refundable)

Application Fee, due upon submission:

  • $1,500 per each applicant.

Processing Fee, due upon submission:

  • $1,500 per each applicant aged 16 and over.
  • $500 per dependent child aged 0-15.

Government Fee, due upon approval in principle:

  • $50,000 main applicant with up to 3 dependents.
  • $25,000 per each additional qualifying dependent.

Issuance of Grenada Permanent Residence Card:

  • $1,000 per each applicant.

CONTINENT
North America

CAPITAL
St. George’s

OFFICIAL LANGUAGE
English

POPULATION
111,454

TOTAL AREA
348.5 km²

GDP
$1.801 billion

VISA-FREE COUNTRIES
142

PASSPORT RANK
35th

CURRENCY
East Caribbean dollar (XCD)

RESIDENCY REQUIREMENTS
Yes

Process
PASSPORT VISA-FREE COUNTRIES