Obtain a Grenadian passport in just 4-8 months
Fast relocation route to US through the USA e-2 investor visa
A visa-free travel to 144 countries, including the EU & UK
Non-refundable donation from $150,000
Real estate investment from $220,000
No need to live in Grenada. Remote passport obtainment option
Grenada Citizenship by Investment Programme was introduced in 2013 by the government of Grenada, led by Prime Minister Keith Mitchell, to attract foreign investors to Grenada. The programme offers a fast track to citizenship by investing in Grenada’s economy, making it one of the most efficient programmes globally. Investors can gain Grenadian citizenship within four to six months of applying.
Grenada CBI Overview
The Grenada Citizenship by investment program requires applicants to make a significant economic contribution to the country or acquire a government-approved qualifying asset. In exchange, subject to a stringent vetting and due diligence process, applicants and their families will be granted citizenship. The program offers free travel or visa-on-arrival access to 145 destinations, including China, Hong Kong, Singapore, the UK, and Europe’s Schengen Area.The Grenada Citizenship by Investment Programme was initiated by the government of Grenada in 2013. The primary goal of the program was to attract foreign investors to Grenada and stimulate the country’s economy through significant economic contributions or investments in government-approved assets.
The Application process
The process of obtaining dual citizenship with Grenada through the CBI program typically involves several steps:
- Pre-Qualification: Applicants must first undergo a pre-qualification assessment to ensure they meet the program’s eligibility criteria, which include financial, legal, and reputational requirements.
- Application Submission: Once pre-qualified, applicants can submit their formal application, along with the required documentation and investment.
- Due Diligence: As discussed in the previous section, the application undergoes a thorough due diligence process, which can take up to four months to complete.
- Approval and Citizenship: If the application is approved, the applicant and their eligible family members will be granted Grenadian citizenship, including a Grenadian passport.
Requirements for Grenada citizenship
The Grenada Citizenship by Investment (CBI) program offers individuals and their families the opportunity to obtain Grenadian citizenship in exchange for a significant economic contribution to the country. The key requirements for this program are as follows:
Eligibility criteria
✓ Applicants must be at least 18 years of age.
✓ Applicants must be in good health and provide a medical certificate.
✓ Applicants must have the required funds to make the necessary investment.
✓ Applicants must have a clean criminal record, which will be verified through background checks.
Required documents
The documents required for the Grenada CBI program include, but are not limited to:
✓ Completed application forms
✓ Valid passports
✓ Birth certificates
✓ Marriage/divorce certificates (if applicable)
✓ Proof of financial resources
✓ Criminal record checks
✓ Medical certificates
✓ Reference letters
Application submission and review
Once an application is submitted, the Grenadian government generally responds within 90 days. This turnaround time allows the government to review the application and the information gathered during the due diligence process.
Due diligence
The process of due diligence for a Grenadian citizenship application is a comprehensive and in-depth investigation conducted by an authorized agent on behalf of the Grenadian government. This thorough background check can take up to four months to complete, ensuring that only qualified individuals are granted Grenadian citizenship.
Applicant Interviews
During the due diligence process, the authorized agent may conduct interviews with the applicant and their family members. These interviews are an essential part of the background check, as they allow the agent to gather more information about the applicant’s personal and professional history.
Financial and criminal background checks
In addition to the interviews, the agent will also examine the applicant’s financial history and criminal record. This includes reviewing the applicant’s financial statements, bank accounts, and any past or present legal issues. The agent will use this information to assess the applicant’s suitability for Grenadian citizenship.
References
Applicants may also be asked to provide references from colleagues, business associates, or other individuals who can speak to the applicant’s character and reputation. These references can provide valuable insights into the applicant’s behavior and integrity, which can further inform the due diligence process.
Processing and approval time
The Grenadian citizenship application process is relatively straightforward, and applicants are not required to visit Grenada to complete it.
Passport Issuance
If the application is approved, the successful applicant will receive their Grenadian passport within 10 working days. Applicants are not required to pick up their passports in person, as the authorized agent who handled the application will coordinate the collection process and send the passport(s) to the client.
Overall, the due diligence process for a Grenadian citizenship application is thorough and comprehensive, ensuring that only qualified individuals are granted citizenship. The application process itself is relatively straightforward, with a quick turnaround time and convenient passport issuance procedures.
Investment and cost
The Grenada Citizenship by Investment Programme comes with two primary investment options for individuals seeking to obtain Grenadian citizenship: the National Transformation Fund (NTF) donation and the real estate investment.
The National Transformation Fund (NTF) Donation
The first option for obtaining Grenadian citizenship through the investment programme is a non-refundable contribution to the National Transformation Fund (NTF). This fund is used by the Grenadian government to support the development of key industries within the country, such as tourism, healthcare, construction, education, and agriculture.
The minimum investment required for the NTF donation option is:
- $150,000 for a single applicant
- $200,000 for a family of up to 4 members
- An additional $25,000 for each family member beyond the first 4
This means that a family of four (two adults and two children) would need to contribute $200,000 to the NTF, while a family of six (two adults and four children) would need to contribute $250,000.
The NTF donation is a non-refundable contribution, meaning that the investor will not receive any financial return on their investment. However, this option provides a direct and efficient pathway to obtaining Grenadian citizenship, with the entire process typically taking between four to six months.
The Real estate investment option
The second investment option for the Grenada Citizenship by Investment Programme is to invest in government-approved real estate projects within the country. The minimum investment required for this option is $220,000, which can be a shared investment with other applicants.
Unlike the NTF donation, the real estate investment option provides the opportunity for investors to recoup their initial investment after holding the property for a minimum of 5 years. This makes the real estate option a more financially viable option for some investors, as they can potentially recover their investment and still maintain their Grenadian citizenship.
It’s important to note that the real estate investment must be in a government-approved project, ensuring that the investment is secure and contributes to the overall development of Grenada’s economy.
Additional fees and costs
In addition to the investment required for either the NTF donation or the real estate option, applicants must also pay a range of fees associated with the Grenada Citizenship by Investment Programme. These fees include:
| Fee Type | Amount |
|---|---|
| Due Diligence | $5,000 per person over 16 years old |
| Application | $1,500 per person |
| Processing | $500 per person under 18, $1,500 per person over 18 |
| Passport | $250 per person |
| Oath of Allegiance | $20 per person over 18 |
The total cost of obtaining Grenadian citizenship through the investment programme can vary significantly depending on the chosen investment option and the number of family members included in the application.
For example, a single applicant choosing the NTF donation option would pay a total of $156,500 (investment + fees), while a family of four (two adults, two children) choosing the NTF donation option would pay a total of $207,500 (investment + fees). In contrast, a family of four (two adults, two children) choosing the real estate investment option would pay a total of $227,000 (investment + fees).
the Grenada Citizenship by Investment Programme provides foreign investors with flexible options to obtain a second passport and gain access to the benefits of Grenadian citizenship, including visa-free travel to 145 destinations and potential business opportunities within the country.
Key Benefits of Grenadian Citizenship
Grenadian citizenship offers a range of compelling benefits for those seeking a second passport:
Global mobility
One of the primary advantages is the ability to travel visa-free or with visa-on-arrival to over 145 destinations around the world, including major hubs like China, Russia, Singapore, the United Kingdom, and the Schengen Area of Europe.
Access to the United States
Grenada is the only Caribbean citizenship by investment program that has an E-2 Investor Visa Treaty with the United States. This allows Grenadian citizens to apply for a non-immigrant E-2 visa after living in Grenada for just three years, providing them with the opportunity to live and do business in the US.
Tax benefits
Grenada does not impose taxes on foreign income, wealth, or inheritance, making it an attractive option for global investors looking to optimize their financial strategies and protect their assets.
Flexible requirements
Unlike some other citizenship programs, Grenada does not require applicants to maintain a minimum stay or permanent residency in the country. This flexibility is ideal for those who value mobility and freedom of movement.
Family inclusion
The Grenadian citizenship program allows applicants to include their spouse, children under 30, unmarried siblings aged 18 and over, parents, and grandparents in the application process, ensuring that the benefits of citizenship can be extended to their loved ones.
Business opportunities
Grenada’s strategic location and friendly business environment make it an ideal hub for international trade, investment, and entrepreneurship. The country’s E-2 Investor Visa Treaty with the US and visa-free access to major markets like China and Russia open up a world of business possibilities for Grenadian citizens.
Educational opportunities
Grenadian citizens can benefit from recognized international schools and universities, as well as scholarships and internships in the UK and US, providing excellent educational opportunities for themselves and their children.
Dual citizenship
Grenada recognizes dual citizenship, allowing individuals to hold Grenadian citizenship alongside their original nationality. This provides added flexibility and security for those seeking a second passport.
The beauty of Grenada
Grenada is a small island country located in the southern Caribbean. It consists of three main islands, Grenada, Carriacou, and Petite Martinique. It is widely known for its stunning beaches, such as Grand Anse Beach – which is a famous beaches in the Caribbean. In addition, it has La Sagesse Beach, a secluded and picturesque beach on the south-eastern coast of Grenada