Citizenship Program Overview
Benefits of the Grenada Citizenship by Investment
- Global Travel Freedom: Obtain visa-free or visa-on-arrival entry to 140+ destinations worldwide, including China, Hong Kong, Singapore, the UK, and Europe’s Schengen Area.
- US E-2 Visa Opportunities: The Only Caribbean Citizenship by Investment Program with an E-2 Investor Visa Treaty with the United States allows nationals to apply for a non-immigrant visa after three years of continuous residence in Grenada.
- Generational Citizenship: Citizenship is transferable to subsequent spouses and future generations. It signifies that future generations can inherit citizenship status.
- International Company Registration: An opportunity to register global businesses in Grenada for tax optimization and privacy protection.
- Simple Passport Acquisition: Obtaining a second passport is a simple and secure process that does not require exams or residency and can be completed quickly and confidentially.
- Tax Advantages:: Individuals benefit from taxes on global income, dividends, interest, and royalties, as well as inheritance, capital gains, and stamp duty.
- Family Inclusion: You can include your family members in Grenada Citizenship by Investment Programme.
Requirements & Investment Options of the Grenada Citizenship by Investment
To qualify for citizenship, you need to:
– Age over 18 years old
– Meet all the Application Requirements
– Select one of available the investment option
Option 1.
National Transformation Fund (NTF) Donation:
Minimum Contribution for Single Applicant is USD 235,000 (non-refundable), and Family of up to Four Members is USD 235,000 (non-refundable).
Option 2.
Real Estate Investment:
Minimum Investment of USD 270,000 in a government-approved real estate project (must be held for at least 5 years).
Note:
- The real estate option allows for owning property, hotel shares, fractional ownership, and land.
- If the real estate is resold, it can be sold at any time after the 5-year holding period as a suitable investment.
Get a Personalized Citizenship Costs
Get a Personalized Citizenship Costs
Procedures & Time Frame of the Grenada Citizenship by Investment
The application process for Grenadian citizenship is relatively straightforward and smooth. There’s no need to travel to Grenada in order to complete it.
Emirates Advisory will provide you with an application pack containing all the necessary documents and detailed instructions. After you’ve completed the form, simply return it to them for a thorough review. They will carefully examine all the details to ensure their completeness and accuracy, thereby minimising the risk of rejection. The investor doesn’t need to pick up his passport in person; Emirates Advisory will handle that and receive your passport.
The time frame for your investment may vary depending on the real estate project you choose. Choosing a project that can provide the necessary documentation is crucial. Emirates Advisory is here to help you with this process.
Typically, it takes around seven to eight months for processing.
Dual Citizenship of the Grenada Citizenship by Investment
There are no restrictions on dual citizenship of Grenada.
Grenada Citizenship by Investment Program FAQ's
Properties bought through Grenada’s citizenship by investment program must be kept for at least 5 years before being sold. Lifestyle investors, on the other hand, can resell their residences immediately.
Properties bought through Grenada’s citizenship by investment program must be kept for at least 5 years before being sold. Lifestyle investors, on the other hand, can resell their residences immediately.
The benefits of Grenada Citizenship by Investment include:
- Visa-free or visa-on-arrival travel to over 140 countries.
- The ability to live and work in Grenada.
- Membership in the Caribbean Community (CARICOM) and Commonwealth of Nations.
Yes, family members such as spouses, children under 30, and dependent parents over 55 can apply for Grenada Citizenship by Investment.
Yes. The second purchaser of your property can apply for Grenadian citizenship if the first purchaser waits 5 years after receiving citizenship to sell the property. This perk is only accessible to buyers who acquire an apartment valued at at least USD 220,000 in a government-approved real estate resort.
Once the Government-approved Property has been purchased or the final contribution amount has been paid and accepted by the Grenada Government, the Citizenship Certificate and passport will be provided within 5-6 weeks.
Grenada enables visa-free business travel to the United States. However, Grenada citizens can still apply for a visa using their passports.
Grenada offers public education to children under 16. St. George’s University is internationally acknowledged and considered the best US-run medical university outside the US. According to the 2108 FSMB Survey, St. George University has the most licensed physicians in the US, with 10,791. It has medical, veterinary, and arts and science colleges. St. George’s Medical School graduates are well-positioned to work at premier US and UK hospitals.
All Grenadians get a 90% Grenada Partnership Award, which reduces undergraduate tuition rates to 10%, including pre-medical and pre-veterinary courses. This applies to Grenadian citizens who have lived in Grenada for at least one year before enrolling in an undergraduate program.
Overview of Grenada
Country Overview:
Grenada, known as the “Spice Isle,” is a gorgeous Caribbean nation famed for its lush scenery and exquisite beaches. Its southern end of the Grenadine’s strategic location adds to its desirability as a luxury travel destination.
Capital City: St. George’s
Languages: English
Economy: Tourism-based
Currency: Eastern Caribbean dollar
The Economy of Country:
The economy of Grenada depends on tourism and industry, including farming. It draws discriminating investors looking for a dynamic but calm environment since it presents a stable investment environment with expanding possibilities in real estate and hospitality.
Global Connectivity:
Grenada is globally well-connected via Maurice Bishop International Airport, with direct flights from the US, Canada, and Europe hubs, offering easy access for global passengers and entrepreneurs.
Visa-Free Access:
Grenada offers visa-free or visa-on-arrival access to 140+ nations, including essential markets in Europe, North America, and the Caribbean, enabling seamless worldwide travel.
International Memberships:
Grenada supports strong diplomatic and economic ties by being a member of the Commonwealth, CARICOM, and other international organizations, thus increasing its global presence and stability.