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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 than 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.

    https://www.bluemina.com/wp-content/uploads/2020/02/Grenada-Location.png
    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


    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 of age.
    • Applicants can include parents or grandparents over 65 years of age.
    • 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 of age.
    • 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 of age.

     

    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 Grenada passport.
    Country:
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