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Grenada

Grenada Citizenship by Investment Programme

Capital: St. George's
GDP: the US $ 1.7 billion
Language: English
Air temperature: average annual temperature is 26.9 °C


The independent island State of Grenada renewed its citizenship programme for investment in 2013.

Benefits of the programme

Thanks to the investment programme it is possible to obtain citizenship in the jurisdiction, as well as to travel to other countries without an additional visa. The state is distinguished by loyal tax legislation.

Main advantages of participation in the program are the following:

  • A quick review of the application for citizenship is usually considered within 60 days after submission.
  • You can travel to many countries without a visa;
  • E2 visa option;
  • No fee for verification of the identities of the spouses;
  • No need to pay tax on foreign income, luxury goods and hereditary property.

An island state is considered an attractive place to apply for citizenship and is subject to investment.

Options for obtaining citizenship

It is possible to make a contribution to the National Transformation Fund or invest in real estate. Any of these investments have a positive impact on obtaining a Grenadian passport.

Government Donation to National Transformation Fund

The Fund was established in 2013 to support the Grenadian economy. The price of participation in the program is calculated based on the number of family members. The smallest amount of investment per person is $150,000. If an application for a family of fewer than 4 people is submitted, the amount will be be starting at $200,000.

Principal Applicant

150 000 USD

Principal applicant + 3 dependents)

200 000 USD

Additional dependent after a fourth

25 000 USD for each


Government Fee

Fee for processing the application 

- persons over 17 years of age

- persons under 17 years of age


1 500 USD

500 USD

Legal expertise at the age of 17 and above

5 000 USD

Application fees per applicant 

1 5000 USD


Real Estate Investment

To obtain citizenship in the country by investing in real estate, the applicant must conclude a purchase agreement worth at least 220,000 dollars, given that the real estate project is  approved by the government.

After the contract is signed, the money is transferred to the account of an independent notary office in the country and an application for citizenship can be submitted. Then passports and documents on ownership of property are issued.

Minimum investment 

220 000 USD

Property retention period 

4 года

Legal services and escrow

1-2%


Government Fee

Investor + up to 3 dependents (spouse + two children)

50 000 USD

Additional family member for more than 4 people 

25 000 USD (for each)

 

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