Grenada Citizenship by Investment
Secure your family’s legacy and unlock visa-free travel from just $150,000 with the Grenada Citizenship by Investment Program.
Minimum Investment
$150,000
Donation
Minimum Investment
$220,000
Real-Estate
Time to Citizenship
4-6
Months
Visa-Free Access
140+
Countries & Territories
About Grenada Citizenship by Investment Program
Inaugurated in August 2013, Grenada’s Citizenship by Investment program is a relatively recent addition to the Caribbean’s investment-driven citizenship initiatives. Its objective is to bolster the nation’s economy through foreign investments.
Eligible applicants should be a minimum of 18 years old, possess a good character, and have no criminal history.
The program necessitates either a non-refundable contribution to the National Transformation Fund or an investment in government-sanctioned real estate projects.
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Benefits
Grenada’s Citizenship by Investment (CBI) program is enshrined in national law under the ‘Citizenship by Investment Act 15, 2013’. This legislation, formally documented and part of Grenada’s legal framework as ratified by the national parliament, outlines the criteria for naturalization. It specifies that individuals can qualify for citizenship upon the payment of specified fees and if they have made significant investments in the country.
Apart from substantial tax advantages, the Grenada Citizenship by Investment Program is distinct in the Caribbean for offering a route to the E-2 Investor Visa in the United States of America, enhancing its appeal for global investors.
Visa-Free Travel
Visa-free and visa-on-arrival travel to over 135 countries and territories including China, Russia, Hong Kong, Singapore, the Schengen Area, and the United Kingdom.
E-2 Investor Visa
The Grenada Citizenship by Investment Program stands unique among Caribbean investment citizenship programs, as it alone provides a pathway to securing the E-2 Investor Visa in the United States of America.
Straightforward Process
Designed to be a smooth and straightforward process with a timeframe of 6 months to your new citizenship.
Tax Relief
Grenada imposes minimal taxation, with an exception of no taxation on wealth, gift, inheritance, foreign income, or capital gains.
Minimal Residency Requirements
There are no physical residency requirements, you are entitled to apply instantly.
Dual Citizenship
There is no need to renounce your current citizenship(s), and your home authorities are not notified of your new citizenship.
Visa-Free Travel for Grenada Passport
Holding a Grenada passport opens up visa-free or visa-on-arrival access to more than 140 countries and territories, including prominent destinations like Hong Kong, Singapore, China, Russia, the Schengen area, and the United Kingdom.
Apart from substantial tax advantages, the Grenada Citizenship by Investment Program is distinct in the Caribbean for offering a route to the E-2 Investor Visa in the United States of America, enhancing its appeal for global investors.
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Requirements
Main applicant requirements
- 18+ years of age
- Good health
- No criminal record
- Successfully pass due diligence checks
- Receive approval by the Government
- Confirmed investment sources
- Reside for five days within 5 years from the naturalization
Eligible Dependents
- Spouse of the main applicant
- Adult children (biological or adopted) under 30 years of age
- Parents above 65 years of age
- Adult children (biological or adopted) under 30 years of age, must be attending an institution of higher learning
- An unmarried daughter of the main applicant or spouse, who is under 25 years old and who is living with and fully supported by the main applicant or spouse
Process
Grenada’s Citizenship by Investment (CBI) program is enshrined in national law under the ‘Citizenship by Investment Act 15, 2013’. This legislation, formally documented and part of Grenada’s legal framework as ratified by the national parliament, outlines the criteria for naturalization. It specifies that individuals can qualify for citizenship upon the payment of specified fees and if they have made significant investments in the country.
Step 1
Bellevue Sovereign Partners will conduct an initial review of your passport copy to seek government pre-approval. To initiate your application, you will need to make an initial payment towards professional fees. You can expect a response within 24-48 hours.
Step 2
Bellevue Sovereign Partners’ experienced team will guide you through the process of gathering the necessary documents following the Government’s checklist.
Step 3
Your completed application, along with the due diligence fees, will be submitted. If you have chosen the real estate option, you will also need to reserve your selected property at this stage. It’s important to note that the real estate investment is fully refundable if your application is not approved.
Step 4
The due diligence report is then provided to the government for their evaluation. The final decision regarding the grant of the Grenada Citizenship rests with the government.
Step 5
Upon approval, you will be invited to make the donation. Alternatively, if you have opted for the real estate route, you will need to settle the remaining balance for your property purchase.
Step 6
Your citizenship certificate and passport will be issued in your name, marking the successful conclusion of the process. At this point, any outstanding professional fees will also be settled.
Grenada Citizenship by Investment Costs
There are two options for qualifying contribution for the Grenada Citizenship by Investment Program.
Donation – National Transformation Fund (NTF)
A cash donation to the National Development Fund (NDF). This one time payment is sent directly to an escrow account, which is managed by the Citizenship by Investment Unit of the Government.
Donation (Single Applicant)
USD 100,000
Donation (Main Applicant & Spouse)
USD 175,000
Donation (Main Applicant & 3 Dependents)
USD 175,000
Each Additional Dependent
USD 25,000
Additional Government Processing Fees
In addition to the donation there are government fees to be paid:
Real Estate Investment
A property purchase to the value of $400,000 in a Government Approved Real Estate project. Freehold property with title deed; hotel shares; fractional ownership or land may be purchased.
The minimum investment will qualify you and your family under the real estate option. The property may then be sold after the mandatory period of 5 years.
Freehold Real Estate
Investment in real estate through one of the Government approved real estate asset classes: freehold property with title deed; hotel shares; fractional ownership or land. (Must hold for 5 years) – USD 200,000
Additional Government Processing Fees
In addition to the donation there are government fees to be paid:
Due Diligence and Background Checks
There are compulsory background checks payable to the Government preferred due diligence agency that will use Interpol, World-Check and other Government agencies to screen applicants based on their application.
- Main applicant – USD 7,500
- Spouse of the main applicant – USD 4,000
- Dependent child aged 0-11 – No charge
- Dependents over 16 years old – USD 4,000
*All applicants aged 16 and over must undergo due diligence checks. If your file is successful your funds are cleared as payment to the government. If your file is unsuccessful you are refunded.
Bellevue Sovereign Partners professional fees, official application forms, certification of citizenship and passport, courier & other disbursements are the only other costs associated. A full-itemized quotation with no hidden costs is provided.
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