Citizenship by Investment
BENEFITS OF GRENADIAN CITIZENSHIP
Individuals who obtain citizenship through Grenada’s Citizenship by Investment Programme are entitled to the same rights as any other Grenadian citizen. These include the right to live and work in Grenada at all times, and all the rights associated with membership of the Caribbean Community (CARICOM).
Grenada allows individuals to hold dual citizenship, and citizenship may be extended to family members, such as a spouse, dependent children, and dependent parents. Children and young adults may obtain preferred access, and in some cases grants, to top schools and universities.
Visa free travel to more than 115 countries
Grenadian citizens can travel without visa restrictions to more than 115 international and Commonwealth countries. These include the United Kingdom and all other members of the European Union, and important business hubs such as Singapore and Hong Kong. Grenada is one of very few nations whose citizens can travel to the People’s Republic of China without first obtaining a visa.
About the program
Benefits of CHOOSING GRENADA’S CITIZENSHIP BY INVESTMENT PROGRAMME
Individuals who choose to apply for citizenship under Grenada’s Citizenship by Investment Programme may take advantage of the following:
Minimal processing fees
Fastest turnaround from application to citizenship in approximately 60 days.
No interview, education, or management experience required.
No requirement to reside in Grenada before or after citizenship is granted.
Well-known, stable and established investment environment.
The application process is confidential, with no disclosure or exchange of information with other governments or bodies, except when due diligence checks are carried out as part of the application process. These checks are performed by an authorised due diligence agency.
Why choose grenada?
Grenada offers its citizens social and political security, reinforced by its membership in the United Nations and the Commonwealth of Nations. Grenada’s local community is culturally vibrant, vivacious, and extremely friendly.
Grenada has a long history, and locals are proud of their national heritage, which they celebrate throughout the year. Finally, Grenada is the perfect setting for both adventure and relaxation: its wildlife attractions, marine life, and national parks make it an exciting place to explore, while its super-yacht marina and pastel towns make it ideal for strolling and unwinding.
In addition to fulfilling the personal requirements listed above, applicants must also choose between two potential routes for citizenship. These are:
A contribution to the National Transformation Fund; and
An investment in an approved project (real estate) in Grenada.
The National Transformation Fund (NTF)
The National Transformation Fund (NTF) is a Government fund responsible for financing projects that will benefit Grenada’s economy and help its diversification.
Applicants who choose this route must make a one-time contribution to the NTF. It is important to note that applicants may not contribute to the NTF in person, but rather that they must use the services of an Authorised Local Agent.
Under the NTF route, applicants may either immediately apply for citizenship, or first apply for permanent residence and apply for citizenship at a later stage.
Please refer to your Authorised Local Agent for more information on the NTF route and the criteria that applicants must fulfil.
THE APPLICATION PROCESS
An applicant for citizenship must fulfil the personal requirements established under the Grenada Citizenship by Investment Act, 2013. Among other things, this means that he or she must be at least eighteen years old, have no criminal record, be in good health, and be willing to make the required contribution.
- Fast processing within 4 months;
- Inclusion of dependent children under 25 years;
- Inclusion of and dependent parents over 65 years;
- No physical residency requirements;
- No requirements to travel to Grenada during the application process;
- No interview, education or management experience required;
- Visa-free travel to over 115 countries;
- No tax on worldwide income.
- E-2 treaty ‘Investor Visa’ signed between Grenada and the United States allows citizens of Grenada to operate a substantial business in the U.S. and reside therein;
Cost and fees
Please contact our office for costs and fees associated with citizenship by investment in Grenada.
Country ProfileOfficial Name: Grenada
Dependencies: Carriacou & Petite Martinique
Area: 3 islands, 133 sq. miles total (344 km2 )
Population: 108,132 (UN, 2008.)
Capital: St. George’s (estimated population: 3,680) in 2005
Location: 12.07° North 61.40° West
Currency: Eastern Caribbean dollars (XCD)
Major Languages: English (Official), French patois
Major religion: Christianity
Life Expectancy: 67 years (men), 70 years (women) (UN)
GNI per capita: US $4,670 (World Bank, 2007)
Current Labour Force: 40% of population
International dialing code: +1473
Internet domain: .gd
Airport: Maurice Bishop International Airport (MBIA)
Climate: Tropical – avg. temperature of 75ºF (24ºC)
Time zone: EST+ 1; (GMT – 4:00)
Type of State: Constitutional monarchy
Head of State: (Queen Elizabeth II) Dr. Cecile La Grenade
Head of Government: Dr. The Right Hon. Keith Mitchell
Ruling Party: New National Party (NNP)
Elections: Last: February 19, 2013. Next: By 2018
Suffrage: Universal at 18
National Holiday: 7 February (1974, Independence Day)
Constitution: December 19, 1975