GRENADA coat of arms image

Grenada Citizenship

GOVERNMENT AUTHORIZED FIRM 

Overview

Grenada’s citizenship by investment and second passport program is the only program in the Caribbean that allows Visa Free access to China in addition to all Schengen States, the UK, and Singapore. Grenada has the 39th strongest passport and gives its citizens the option of E-2 USA ‘INVESTOR VISA’ that could down the line lead to a Green Card.

You and your family will obtain an irrevocable dual citizenship and second passport without having to move away or renounce your current nationality.

 The Citizenship by Investment Program reopened 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, second passport and citizenship of Grenada by registration in Grenada’s government approved projects.”

Timeline: 2 months
Nationalities supported: Open to all nationalities
Visa free travel: Instant visa-free travel to 120 countries, including the Schengen countries, China, United Kingdom, Singapore and Hong Kong
Investment type: Contribution to Grenada’s Government or Investment in Grenada’s Government Approved Projects
Investment cost: Contribution to Grenada’s National Transformation Fund (USD 200,000 for a family of 4) or GSA Financing (USD 190,000 for family of 4) or GSA Buy Back (USD 325,000 for a family of 4) or Real Estate Investment (USD 400,000 for family of 4)

Benefits

Personal Freedom

Personal Freedom

Second Citizenship and Passport issued in 60 business days


Ability to obtain a National Identity Card without visiting Grenada


No requirement to reside in Grenada


Dual Citizenship is allowed


All nationalities are permitted to apply

Visa-Free Travel Countries

Visa-Free Travel Countries

Visa free access to 120 countries (included 6 with e-Visa)


Grenada’s dual passport includes Visa free to People’s Republic of China - Grenada is one of the very few nations whose citizens can travel without visa


List include the United Kingdom and the Schengen States


Visa free list includes important business hubs like Singapore, Hong Kong and Australia with e-Visa

Business Advantages

Business Advantages

Grenada citizens are eligible for USA E-2 Visa to start a business and reside in the United States


No foreign income, wealth, gift, inheritance or capital gains tax


No restriction of profits and imported capital


Citizenship Investment exit after 3 years

Family Security

Family Security

Children up to 26 years old and dependent parents can apply for second passport (below 65 pay additional USD 25,000 per applicant)


Ability to live in any other Caribbean Community (CARICOM)


Perfect setting for both adventure and relaxation


Grenada’s local community is culturally vibrant, vivacious, and extremely friendly

Costs

Second passport and citizenship program of Grenada requires making an economic contribution to the country or an investment in Government approved projects.

OPTION 1 – CONTRIBUTION TO NATIONAL TRANSFORMATION FUND (NTF)

USD 200,000 Non-refundable contribution to the National Transformation Fund (NTF)

The non-refundable financial contribution varies depending on the number of applicants as follows:

View costs

Contribution to NTF (Family of 4 including main applicant, spouse and dependents up to the age of 26)

USD 200,000

Government fees for additional family member (up to the age of 26)

USD 25,000
OPTION 2 – GRENADA SUSTAINABLE AQUACULTURE (GSA) BUY BACK

In 5 years-time USD 275,000 is returned as Buy Back by the developer. The Buy Back amount is also guaranteed by International Insurance Company with whom the investor signs directly an insurance policy. Through this investment an annual return of minimum 6% is paid as from the Declaration of Dividends starting from year 3. As an alternative to the Buy Back option the investment could be sold in 3 years to another applicant and keep his second passport.

View costs

GSA Buy BackUSD 275,000

Government fees for (Up to a family of 4 including main applicant, spouse and dependents up to the age of 26)

USD 50,000

Government fees for additional family member (up to the age of 26)

USD 25,000
OPTION 3 – Real Estate

As per Grenada’s citizenship legislation a real estate Investment of USD 350,000 is required as well as application fees payable to the Government. The property can be sold in approximately 3 years, or longer, depending on the stipulations of each project. Once it is sold the investment also qualifies the next purchaser for citizenship.

View costs
Real EstateUSD 350,000

Government fees for (Up to a family of 4 including main applicant, spouse and dependents up to the age of 26)

USD 50,000

Government fees for additional family member (up to the age of 26)

USD 25,000

For a full breakdown of government fees, due diligence Fees and other payable applications fees for your specific case please contact us.

Timeline

Month 1-2
Month 1-2

Client signs CI Retainer Agreement and pays the retainer invoice.

File ready for submission. Payment of Government Processing Fees, Due Diligence, Citizenship Application, and Passport Fees. The client pays the Submission invoice of CI Professional Fees.

Month 3
Month 3

Due Diligence results are ready and Citizenship approval is issued.

In the case of Donation, GSA or Real Estate the applicable financial contribution is payable to the Escrow Account in Grenada. 

The client pays the Approval invoice of CI Professional Fees.

Month 4
Month 4

Citizenship Certificates are issued and Citizenship Invest obtains the passports.

Passports are delivered to the client in their home country.

Visa Free

World map
Grenada
Visa Free Access
Visa on arrival
Coat of arms image

120 VISA-FREE TRAVEL COUNTRIES

AMERICAS

Antigua and Barbuda

Argentina

Belize

Bolivia*

Bahamas

Barbados

Brazil

Cuba

Chile

Colombia

Costa Rica

Dominica

Dominican Republic

Ecuador

Guyana

Haiti

Jamaica

Nicaragua*

Panama

Paraguay

St Kitts and Nevis

Saint Lucia

St Vincent and the Grenadines

Suriname

Trinidad and Tobago

Uruguay

Venezuela

EUROPE

Andorra

Austria

Belgium

Bulgaria

Croatia

Cyprus

Czech Republic

Denmark

Estonia

Finland

France

Germany

Greece

Hungary

Iceland

Ireland (Rep.)

Italy

Latvia

Liechtenstein

Lithuania

Luxembourg

Malta

Monaco

Montenegro

Netherlands

Norway

Poland

Portugal

Romania

San Marino

Slovakia

Slovenia

Spain

Sweden

Switzerland

United Kingdom

Ukraine

Vatican City

AFRICA

Botswana

Cape Verde*

Comoros*

Djibouti*

Egypt*

Gambia

Guinea-Bissau*

Kenya

Lesotho

Madagascar*

Malawi

Mauritania*

Mauritius

Mozambique*

Senegal

Somalia

Swaziland

Tanzania

Togo*

Uganda

Zambia

Zimbabwe

ASIA

Armenia*

Bangladesh

Cambodia*

China

Iran*

Indonesia

Israel

Jordan*

Laos*

Malaysia

Maldives*

Nepal*

Palestinian Territories

Philippines

Seychelles*

Sri Lanka

Singapore

South Korea

Timor-Leste*

OCEANIA

Fiji

The Federated States of Micronesia

Kiribati

Palau*

Samoa*

Solomon Islands*

Tuvalu*

Vanuatu

E-VISA COUNTRIES      

Australia (e600 visa)

Bahrain

Gabon

Georgia

India

Turkey

* Visa on arrival

The list of countries is subject to variations depending on each government's policy and so is access to these countries.

General info

Grenada is a cluster of islands consisting of the main island (Grenada) as well as six smaller islands in the southeastern Caribbean Sea. Grenada is famous for its spice trading business and it is beautifully known for its breathtaking natural beauty and idyllic beaches. The 344 square kilometers island is home to an estimated population of 110,000 people. Grenada’s second passport citizenship program offers personal freedom, family security and visa-free entry to 120 countries. It is the only Caribbean country that allows visa-free travel to China in addition to all Schengen countries. Plenty of investors consider Grenada’s citizenship as a premium option as it provides additional benefits on investment amount.

Grenada citizenship program allows citizens to apply for USA E-2 Investor Visa making it the only citizenship by Investment program which signed a Commerce and Navigation Treaty with the United States of America.

Grenada’s second passport and citizenship program is a well-established and very trusted Citizenship by Investment Program. Worldwide investors have invested in this Grenada’s second passport given its many benefits of visa-free travel, preservation of wealth and passport reputation.

To know more about investing in Grenada’s second passport and dual citizenship program, please contact us or send a call back request and one of our specialists will contact you to discuss all your needs.