Grenada Citizenship by Investment: Grenada Passport

Grenada Citizenship Program

Time to citizenship

3 - 4 months

Minimum Investment

US $150,000

Type of investment

Donation - Real Estate

Visa free Countries

143 Including Schengen area, UK, and China

Overview of Grenada

 

Grenada is a famous island country for its spice, like cinnamon, cocoa, and cloves, that flourish in its fertile volcanic soil. Grenada is located between the Caribbean Sea and the Atlantic Ocean with a land area of 348.5 km2 and a population of 113.500 people. The official language in Grenada is Creole English. Grenada uses the Eastern Caribbean dollar as a currency, and the US dollar is also popular to use in work and tourist places. The main economic income in Grenada depends on manufacturing industries, such as textiles, beverages, and brewing. Also, Grenada’s tropical climate is considered an attraction point for tourism, which occupies over 35% of the nation’s economy. Indeed, the quality of living in Grenada attracts lots of people as; tourists, investors, and foreigners to live in. Grenada’s health care and education have ranked as one of the greatest facilities in the world. .

Language

Language

English

Currency

Currency

Eastern Caribbean Dollar

Land

Total Area

348 km2

Capital

Capital

St George’s

Government

Government

Parliamentary democracy

Population

Population (2022)

113,519 people

Citizenship by Investment Program of Grenada

Grenada launched its citizenship by investment program in 2013 for the purpose of transforming its economy to be more prosperous. In return, it allows foreign investors obtain permanent legal citizenship and second passport within 4 to 6 months. Grenada has a strong foreign relation with the United States and China, making it the only Caribbean citizenship by investment and second passport program that offers visa free access to China. In addition, Grenada holds E-2 investor visa treaty with the US, granting Grenada passport holders the right to work in the United States.
Citizenship by investment in Grenada is available through two options.
  • Non-refundable contribution under the National Transformation Fund (NTF)
  • Real Estate investment in an approved project under Grenada Citizenship by Investment Unit

Benefits of Grenada Citizenship and Passport

The citizenship program of Grenada allows siblings sponsorship in the same application. Likewise, it does not require an applicant to take any language test nor do they need to reside or visit the country. Grenada Passport holders can vote, purchase property, as well as live and work in the country.
Grenada passport holders are privileged to numerous benefits:
  • Visa-free access to over 140 countries and territories, including Schengen zone, UK & China
  • Allows dual citizenship
  • Allows siblings sponsorship in the same application
  • Citizenship is inheritable by new-born
  • Easier access to the US & Canada
  • No imposed taxes on non-residents

Grenada Citizenship by Investment Programs

Grenada
Option 1: The National Transformation Fund (Donation)
The National Transformation Fund (NTF) was created to help in sustaining the growth and transformation of Grenada’s economy. The Funds are used to finance various projects across many industries, including tourism, trade, agriculture and alternative energy.
A non-refundable contribution depending on the number of dependents included in the application:

Single applicant

US $150,000

Main applicant and spouse

US $200,000

Family of four

US $200,000

Additional dependents (except siblings and parents/ grandparents under the age of 55)

US $25,000 per applicant

Dependent parents/ grandparents under the age of 55

US $50,000 per applicant

Dependent siblings

US $75,000 per applicant

Option 2 : Real Estate Investment
The applicant must invest in a government-approved real estate project within Grenada at a minimum value of US $220,000 or US $350,000, you may only re-sell that real estate under the Citizenship by Investment Program after five (5) years of acquiring citizenship.

The following government fees also apply depending on the number of dependents included in the application:

Single applicant

US $50,000

Main applicant and spouse

US $50,000

Family of four

US $50,000

Additional dependents (except siblings and parents/ grandparents under the age of 55)

US $25,000 per applicant

Dependent parents/ grandparents under the age of 55

US $50,000 per applicant

Dependent siblings

US $ 75,000 per applicant

Grenada

Additional Fees for Grenada Citizenship Options

Application fee

US $1,500 per applicant

Processing Fee for dependents 18 years old and above

US $1,500 per applicant

Processing Fee for dependents below 18 years old

US $500 per applicant

Due diligence for main applicant

US $5,000

Due diligence for spouse

US $5,000

Due diligence for dependents 17 years old and above

US $5,000 per applicant

Oath of allegiance and passport fee

US $275 per applicant

St George Grenada

How to Qualify for Grenada Citizenship?

  • Main applicant to Grenada citizenship must be at least 18 years old
  • Applicants must hold no criminal record
  • Must prove the source of fund for the investment
  • Dependent children under the age of 30
  • Dependent parents/ grandparents
  • Unmarried dependent siblings who are 18 years old and above
  • Must undergo due diligence checks to gain approval

How to Apply and Obtain Grenada Passport?

Become Global Citizen is an international marketing agent listed under the Citizenship by Investment Unit to promote & provide full services for Grenada Citizenship by Investment program.

  • Our specialized team will work with you to collect, translate and notarize the documents required, while ensuring all documents adhere to Grenada government’s requirements.
  • The documents will be submitted together with the due diligence and Application fees to the government of Grenada. Your application will start; due diligence will be performed.
  • Once we secure the initial approval, Grenada government will send a letter requesting the remaining funds.
  • You make your investment for the program you have chosen.
  • You receive your Certificate of Registration – you are now a citizen of Grenada.
  • Your Become Global Citizen advisor applies for your Grenada passport and delivers it to you.

Reach us to learn all about Grenada Program, Application Details and Visa-Free Countries

Over the past number of years, the Dominican government has been successfully working to expand its list of Visa-free countries.

FAQ’s About Grenada Citizenship

How do I become a citizen of Grenada?
Grenada awards applicant’s citizenship provided they meet certain requirements and make an appropriate financial donation or invest in approved real estate.
How long does it take to get Grenada citizenship?
Grenada citizenship is awarded to investors within 4 to 6 months.
Does Grenada allow dual citizenship?
Yes, Grenada allows applicants to keep their existing citizenship when applying for Grenadian citizenship.
Is Grenada safe?
Grenada is considered to be one of the safest islands in the Caribbean.
How strong is Grenada passport?
Grenada passports is ranking at 33rd in terms of travel freedom, it allows visa-free travel to 143 countries, including the Schengen zone, UK, and China.

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