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Grenada

Citizenship By Investment

BECOME A GLOBAL CITIZEN




The Grenada Citizenship by Investment program was launched in 2013 to become the only Caribbean Citizenship by Investment program offering visa-free travel to China. Furthermore, Grenada Citizenship program is the only citizenship by Investment program which holds USA E-2 Investor Visa treaty. The USA E-2 Visa allows Grenada passport holders to enter and work in the US freely.

Located in the Atlantic Ocean in the Caribbean, Grenada is an island well-known for its silky stretches of white-sand beaches. Like other Caribbean countries, Grenada is made up of picturesque landscapes such as lush forests and crystal-clear shores. Commonly known as the “Island of Spice,” Grenada is a great destination for a relaxing getaway.

Grenada Passport

The second passport of Grenada is a Commonwealth Passport that allows visa-free travel to more 130 countries. For example, Grenada passport holders can travel freely to Schengen Countries, the United Kingdom and China.

Grenada Citizenship by Investment program grants applicants a second passport within 4 to 6 months.

To qualify for Grenada Passport, investor must make a non-refundable contribution to the National Transformation Fund or invest in Grenada government-approved real estate.

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CAPITAL

CAPITAL

St George's

LANGUAGE

LANGUAGE

English

TOTAL AREA

TOTAL AREA

348 km2 (134 sq mi)

POPULATION

POPULATION

107,825

GOVERNMENT

GOVERNMENT

Parliamentary democracy and a Commonwealth Realm

CURRENCY

CURRENCY

Eastern Caribbean Dollar

INVESTMENT SCHEME

The applicant makes a one-time monetary contribution of US $200,000 for a family of four and an additional US $25,000 per additional dependent.

Family Structure

(NTF) Contribution Amount

Processing Fees

Due Diligence and Application Fees



US $150,000

 

US $1,500

 

Due Diligence: $5,000
Application Fee: $1,500

US $200,000

US $1,500/ applicant

 

Due Diligence Main applicant: $5,000
Due Diligence spouse: $5,000
 Application Fee: $1,500/ applicant

 


US$200,000*

 

* US $25,000/ additional dependent

 

 

US $1,500/ dependents above 18

 

US $500/ dependents below 18

 

Due Diligence Main applicant: $7,500
Due Diligence spouse: $4,000
Dependents below 17 years: 0

Dependent between the ages 17 and 25: $5,000

Application Fee: $1,500/ applicant

Benefits of Grenada Citizenship


  • Grenada Passport obtained in 4 to 6 months.
  • Grenada recognizes dual citizenship, and does not require people to renounce their current citizenship when obtaining Grenada Citizenship.
  • Applicant does not need to visit Grenada at any time during the application process or after becoming a Grenada citizen.
  • Grenada passport holders enjoy visa-free travel to over 130 countries worldwide.
  • Off-shore bank accounts, investments, and companies give unique opportunities for business and tax planning.
  • Applicants can include dependent children under 25 years.
  • Applicants can include parents or grandparents over 65 years.
  • USA E-2 visa program allows investors to establish a business and live in the United States.

QUALIFICATIONS


 

  • The principal applicant must be at least 18 years old.
  • Applicants must pass a Due Diligence examination and have no criminal record.
  • The applicant must make the appropriate investment.
  • If a real-estate investment is made, the applicant must hold such investment for 4 years.
  • Dependents can be included in the application. Children aged 18 – 26 years may be considered dependents provided they are studying full time and are fully dependent on the main applicant.
  • Applicant can include dependent parents above 65 years.

 

LEGAL BASIS


The Grenada Citizenship by Investment Program came into being in August 2013, when the Grenadian Parliament passed Act No. 15 of 2013, otherwise referred to as the ‘Grenada Citizenship by Investment Act, 2013.’ The stated objective of the Act is to enable persons to acquire permanent residence and citizenship in Grenada by registration following investments made in the country.

VISA FREE TRAVEL


Americas

Anguilla

Antigua and Barbuda

Argentina

Aruba

Bahamas

Barbados

Belize

Bermuda

Bolivia

Bonaire

Brazil

British Virgin Islands

Cayman Islands

Chile

Colombia

Costa Rica

Cuba

Curacao

Dominica

Dominican Republic

Ecuador

Falkland Islands

Grenada

Guadeloupe

Guyana

Haiti

Jamaica

Martinique

Montserrat

Nicaragua

Panama

Peru

Saba

Saint Barthelemy

Saint Eustatius

Saint Helena

Saint Kitts and Nevis

Saint Lucia

Saint Maarten

Saint Martin

Saint Vincent and the Grenadines

Suriname

Trinidad and Tobago

Turks and Caicos Islands

Uruguay

Venezuela

Africa

Ascension

Botswana

Cape Verde

Central African Republic

Egypt

Gambia

Ghana

Kenya

Lesotho

Madagascar

Malawi

Mauritius

Mozambique

Namibia

Rwanda

Saint Helena

Seychelles

Swaziland

Tanzania

Togo

Tristan da Cunha

Uganda

Zambia

Zimbabwe

Asia

Armenia

Bangladesh

Brunei

Cambodia

China

Darussalam

Hong Kong

Indonesia

Iran

Israel

Jordan

Laos

Macau

Malaysia

Maldives

Nepal

Philippines

Sri Lanka

Singapore

South Korea

Timor-Leste

Turkey

OCEANIA

Cook Islands

Fiji

Micronesia

Kiribati

Nauru

Niue

Palau

Papua New Guinea

Pitcairn Islands

Samoa

Solomon Islands

Tonga

Tuvalu

Vanuatu

Timeline and Procedure

The Grenada passport can be obtained in 4 to 6 months.

Month 1
Step 1
Bluemina does a preliminary background check. Once cleared, file preparation begins and required documents are collected. Advisory, governments and due diligence fees are paid.
Month 1-2
Step 2
File is submitted.
Month 3 -5
Step 3
Issuance of “Approved in Principal” letter by the CIU (Government’s Citizenship-by-Investment Unit).
Step 4
Investment is made in selected option, either real estate or a donation to the National Transformation Fund.
Step 5
Naturalization certificate is issued.
Month 6
Step 6
Submission of application to issue passport followed by issuance of passports.