Grenada

CITIZENSHIP

Grenada Citizenship by Investment Program Overview

The Grenada Citizenship by Investment Program lauched in August 2013 under the “Grenada Citizenship by Investment Act, 2013 (Act No. 15 of 2013)”. 

Under the Grenada Citizenship by Investment Act, foreign nationals may acquire permanent residence and citizenship of Grenada by making the qualifying investments below:

I.To make a contribution payment of minimum USD 150,000 into the National Transformation Fund (NTF); which was established under section 43(1)(a) of the Public Finance Management Act Cap 262B in order to fund Government-sponsored projects in Grenada; OR

II.To make an investment in an approved real estate project in Grenada with a minimum value of USD 350,000. 

Benefits of Grenada Citizenship

·Grenadian citizens can travel visa-free to more than 115 countries, including the United Kingdom, Schengen countries, all other European Union member countries, Singapore, Hong Kong, Russia as well as the People’s Republic of China.

·Confidential application process. No information exchange with the country of origin of applicants

·There are no interviews during the process

·There are no education, language or management experiences requirement

·There is no requirement to reside in Grenada before or after citizenship is granted

·Grenada has no foreign income, wealth, gift, inheritance, or capital gains tax

·Grenada citizens enjoy E2 business visa treatment with the USA


Grenada Citizenship by Investment Program Cost and Fees

NTF CONTRIBUTION

Individual Applicant

Main Applicant + Spouse

Family of 4

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Required Contribution Amount

USD 150,000

USD 200,000

USD 200,000

USD 25,000 per additional dependant 

Application Fee

USD 1,500

USD 1,500 per person

USD 1,500 per person

USD 1,500 per person

Due Diligence Fee

USD 5,000

USD 5,000 per person

Dependent child 17-25 

USD 5,000

Processing Fee

USD 1,500

USD 1,500 per person

USD 1,500 per person age 18 and over, USD 500 for persons under 18

USD 1,500 per person aged 18 and over, USD 500 for persons under 18

REAL STATE INVESTMENT

Single Applicant

Main Applicant + Spouse

Family of 4

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Required Investment Amount

USD 350,000

USD 350,000

USD 350,000

USD 350,000

Government Fee

USD 50,000

USD 50,000

USD 50,000

USD 50,000 and USD 25,000 per additional dependant 

Application Fee

USD 1,500

USD 1,500 per person

USD 1,500 per person

USD 1,500 per person

Due Diligence Fee

USD 5,000

USD 5,000 per person

Dependent child  17-25 USD 5,000

Processing Fee

USD 1,500

USD 1,500 per person

USD 1,500 per person aged 18 and over, USD 500 for persons under 18

USD 1,500 per person aged 18 and over, USD 500 for persons under 18