Grenada Citizenship by Investment Program

Grenada Citizenship by Investment Program

Also recognized as the ‘Spice Isle’ for its locally grown spices, Grenada is known to be one of the most scenic islands in the West Indies. Grenada’s touristic popularity derives from its tropical landscapes, rainforests, waterfalls and golden beaches, inviting visitors from around the world and making the island a primary destination to many investors. The Citizenship by Investment Program allows the investor and their immediate family members entitlement to citizenship in Grenada. Approved applicants of the Grenada Citizenship by Investment program are given the opportunity to invest in pre-approved real estate expansions or, alternatively, in financing a government infrastructure contribution. 

Eligibility Requirements

• The principal applicant must be at least 18 years old.
• There is mandatory personal interview requirement for all applicants that aged 17 years and over.
• The applicant must pass a Due Diligence examination and hold no criminal records.
• The applicant must have completed a medical examination and be of exceptional health.
• The appropriate investment must be made.

 ** Please be advised also that the target Interview fee for all applicants that aged 17 years and over will be USD $1,000.

Program Benefits

• Dual citizenship is recognized which can be beneficial to business expansion and tax relief.
• Possessors of a Grenadian passport are advantaged in visa-free travel to 147 countries worldwide, including the United Kingdom, the Schengen region, the European Union, the Commonwealth Nations, and China.
• There is no need to travel or reside physically in Grenada to be eligible for citizenship.
• No education or managerial experience required.
• Grenada has no foreign income, wealth, gift, inheritance, or capital gains tax.
• Applications are rapidly processed (within 3 months).
• Dependent children (children up to age 30) and dependent parents (above the age of 55) are included in program application.
• Grenadians can apply for enrollment into the E-2 visa program that allows individuals to migrate into the U.S. as investors, to reside and work in the United States with their families.
• Grenada’s secure banking system offers a safe place to deposit funds with appealing interest rates as well as the Eastern Caribbean currency being pegged to the US dollar (USD $1 = EC $2.67) for almost 40 years.

Investment Options

1. National Transformation Fund (NTF): An investment amounting to at least USD $150,000 must be made in the event that it is funding various infrastructure and social projects in Grenada as an economic contribution to the country and its people; OR,

2. Real Estate Investment: