Grenada Citizenship by Investment

The Grenada Citizenship by Investment Program was started in 2013 to improve growth of the Grenadian real estate market.

Previously known as the Grenada Citizenship by Investment Program, the Grenadian growth strategy is based upon supporting entrepreneurs and the economy.

The Grenadian Citizenship by Investment Program enables applicants to choose from a variety of different types of financial investments to Grenadian society. Thus helping to develop many sectors of Grenada’s economy whilst providing new resources and sustainable developments in the long term

Investing just $150,000 into a property, you and your family will be granted Grenadian Citizenship in as little as 2-6 months.

In addition Grenadian Citizenship provides an opportunity to live and work in the U.S. through the E-2 Visa.

GRENADA CITIZENSHIP BENEFITS

• Grenada Citizenship in just 3-4 months
• Citizenship for investor, spouse and children under 30
• Property purchase from $150,000
• Access to the U.S. via E-2 Treaty Visa
• Dual Citizenship allowed in Grenada. Also, Grenada Citizenship is valid for life.
• No residency or “minimum stay” requirements
• Visa free travel to 146 countries, including China, Hong Kong, Singapore, the UK, and Europe’s Schengen Area
• Rental income from property
• Property can be sold after 3 years
• Grenada Citizenship is valid for life
• Citizenship can be extended to future children
• The only Caribbean citizenship by investment program that holds an E-2 Investor Visa Treaty with the USA, allowing citizens to be eligible to apply for a non-immigrant visa.

ACCESS TO THE U.S. – E-2 TREATY VISA

Once you receive your Grenada Passport, you will also be eligible to apply for an E-2 Visa to the U.S. (as Grenada is an E-2 Treaty Country). The E-2 Visa is a continuously extendable temporary U.S. working visa. which allows investors with citizenship from a Treaty Country to set up a new U.S. business, or invest in an existing U.S. business. Once the E-2 Visa is approved, the investor will have the right to live in the U.S. with their spouse and any children under 21 years old. To learn more about the E-2 Visa, please visit our E-2 Visa page here.

GRENADA CITIZENSHIP BY INVESTMENT

Investing Options

Applicants have 2 investment type options: Approved property project in Grenada or a payment into the National Transformation Fund. The NTF was set up in 2013 to finance a multitude of projects to improve Grenada’s many industries. Payments are contributions to the economy and permanent.

• Cash Contribution – from $150,000

$150,000 for an individual; $200,000 for a family of 4; $25,000 for each additional dependent.

• Approved Property Investment – $220,000

A minimum of $220,000 must be invested into a property. Additional government fees of $50,000 for a family of 4 plus $25,000 per additional dependent. The property can be rented for income and must be kept for a minimum of 3 years following attainment of citizenship.

THE GRENADA CITIZENSHIP BY INVESTMENT PROCESS

Step 1 – Choose your investment option
During our initial conversations with you, our Grenada specialist will help you identify the right investment route for you. We will send you a selection of qualifying investment options. After an internal due diligence is complete, 50% of the legal fee is required to proceed.

Step 2 – Finalise application documents and investment selection
Our team will assist in preparing all documents to support your application and investment choice. Once you investment is choice is made, and the application file is complete and if necessary, translated accordingly, the balance of the legal fee becomes payable, plus any due diligence fees and real estate deposit.

Step 3 – Document filing
Your application file is sent to Grenada Citizenship Unit for processing

Step 4 – Complete Property Purchase
After 2 to 3 months, the government will notify you of their background checks and give formal approval, pending the final payment of your investment and any government fees which remain.

Step 5 – Certificate of Registration Issued
Once your funds are received, the government will issue a Certificate of Registration and prepare your passport application with the Passport Office.

Step 6 – Submit a Citizenship Application
You and all parties on your application receive passports with the entire process taking typically 4 to 6 months. This processing time is not guaranteed and may vary depending on government workload, and clients ability to deliver required documents promptly.