Citizenship Program Overview
Grenada’s Citizenship by Investment Program is one of the strongest programs in the Caribbean, attracting high-net-worth individuals and entrepreneurs. It is the only Caribbean country that has an E-2 visa deal with the United States. This allows the applicant the possibility of applying for a non-immigrant visa to reside in the U.S, making it an appealing option for wealthy investors.
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.
- U.S E-2 Visa Opportunities: Grenada is the only Caribbean Citizenship by Investment Program with an E-2 Investor Visa Treaty with the United States. This treaty 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 Business Opportunities: Grenada provides the option to register global businesses, offering tax optimization and privacy protection benefits.
- Streamlined Passport Acquisition: The process for obtaining a Grenadian passport is quick, confidential, and straightforward, with no exams or residency requirements.
- Tax Benefits: Citizens enjoy exemptions from taxes on global income, dividends, interest, royalties, inheritance, capital gains, and stamp duty.
- Family Inclusion: You can include your family members in Grenada Citizenship by Investment Program.
Requirements of the Grenada Citizenship by Investment
To qualify for citizenship, you must:
- Be at least 18 years old.
- Meet all application requirements.
- Choose one of the available investment options.
Investment Options of the Grenada Citizenship by Investment
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.
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 obtain the Grenadian passport or citizenship.
Emirates Advisory will provide an application pack containing all necessary documents and detailed instructions. Once you have completed the forms, submit them for a thorough review. Our team will meticulously check the details to ensure accuracy and completeness, minimizing the risk of rejection. There is no need for the investor to collect their passport in person—Emirates Advisory will handle the entire process, including receiving your passport on your behalf.
The time frame for investment approval may vary depending on the chosen real estate project, so selecting a project that can provide the required documentation is essential. Emirates Advisory will assist you with this selection process.
On average, processing takes about four to eight months.
Dual Citizenship of the Grenada
There are no restrictions on dual citizenship of Grenada.
Grenada Citizenship by Investment Program FAQ's
How long does the investor have to own property to keep their Grenadian citizenship?
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.
What are the benefits of the Grenada Citizenship by Investment program?
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.
Can I include my family members when applying for Grenada citizenship?
Yes, family members such as spouses, children under 30, and dependent parents over 55 can apply for Grenada Citizenship by Investment.
Will the second purchaser of my house qualify for Grenada citizenship if I resell it?
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.
How long will it take to acquire a Grenada passport?
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.
Can I visit the United States with a Grenada passport obtained through the Citizenship by Investment program?
Grenada enables visa-free business travel to the United States. However, Grenada citizens can still apply for a visa using their passports.
What educational benefits do Grenada citizenship offer children?
Grenada provides free public education for children under the age of 16. One of the country’s most notable institutions is St. George’s University, recognized globally as the leading US-operated medical university outside the United States. According to the 2018 FSMB Survey, the university has produced 10,791 licensed physicians practicing in the US—the highest number among all medical schools. The university also offers programs in veterinary medicine, arts, and sciences. Graduates from its medical school often secure positions in top US and UK hospitals.
Additionally, Grenadian citizens are eligible for the Grenada Partnership Award, which offers a 90% reduction in undergraduate tuition fees, including pre-medical and pre-veterinary programs. To qualify, applicants must have resided in Grenada for at least one year before beginning their undergraduate studies.
Overview of Grenada
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 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.
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.
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.
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.