Overview of Grenada Citizenship by Investment Programme
Grenada’s Citizenship by Investment programme was introduced in 2013 and offers a low-cost entry for a second citizenship and passport. Applicants from all countries are welcome but are subject to strict due diligence checks. The programme attracts many high-net-worth investors from all over the world looking to increase their family’s global mobility and obtain the security of a second citizenship in Grenada. Successful applicants will be granted Grenada citizenship, a certificate of naturalisation and a passport which will enable them to gain visa-free travel to more than 153 countries worldwide. Grenada’s Citizenship by Investment programme has helped bring substantial foreign investment to the country, funding government-sponsored projects as well as boosting the general economy and creating jobs for local people.
How to Obtain Grenada Citizenship through Investment
Grenada’s Citizenship by Investment programme offers two main investment options through donation and real estate. The government’s donation route requires a minimum contribution of $235,000 to Grenada’s National Transformation Fund (NTF). Alternatively, a minimum real estate investment of US $270,000 in a government-approved project is required. In addition, related government application fees and due diligence fees apply.
Key Benefits:
- From $235,000 Donation
- Real Estate From $270,000
- Citizenship & Passport
- Visa Free Travel 153 Countries
- Full Family Application
Grenada Citizenship by Investment Requirements
In addition to making the necessary investment or donation there are several requirements that applicants must meet for Grenada.
Family Requirements
Family members can be included in the application for Grenada citizenship. The main investor can include:
- Spouse
- Dependent Children
- Dependent Parents over 55 years
- Siblings over 18 years old, must be unmarried with no children
Due Diligence Requirements
All applicants will need to be of good character and undergo the Grenada government’s due diligence formalities. Investors must provide:
- Police Reports – evidence of a clean criminal record
- Have no outstanding visa refusals
- Various documentation, including financial documents, employment/ business documents, ID, proof of address
Minimum Stay Requirements
Grenada’s Citizenship by Investment programme does not require applicants to meet any minimum stay requirements. Grenadian citizens will have the right to live, work or study in Grenada should they choose to, but this is not a pre-requisite of the programme. There is also no language test required.
Good Character
Clean Criminal Record
No Visa Refusals
Include Full Family
Dependent Parents 55 years +
Dependent Children to 18 years
Siblings 18 years +
No Minimum Stay
No Language Test
ID & Proof of Funds
Birth/marriage Certificate
Financial Records
How Much Does Grenada’s Citizenship by Investment Programme Cost?
Grenada Citizenship by Donation
Grenada’s Citizenship by Donation programme requires a non-refundable contribution to the governments National Transformation Fund (NTF) from $150,000 for a single applicant, or $200,000 for a family of up to four people. Additional due diligence and processing fees are also applicable and will vary depending on the applicant’s age and the size of their family.
Grenada Citizenship by Real Estate Investment
Applicants can also gain citizenship in Grenada by investing in government-approved real estate developments, such as hotel resorts and touristic properties, by investing a minimum of $200,000 (resalable after 7 years) or $400,000 (resalable after 5 years). Universal Investment Visa offers a selection of established projects, including exclusive five-star resorts which are managed by globally recognised hotel brands and built by the Caribbean’s most reputable developers. Most options offer a return, and the real estate can be sold after a mandatory holding period, allowing you to release your capital without affecting your citizenship status.
How Long Does It take to Get Citizenship by Investment in Grenada?
From the date the application is submitted to Grenada’s Citizenship by Investment Unit (CIU), applications take an average of 3-4 months to be processed. Prior to submission, most applicants typically take between 2-6 weeks to gather all their documentation. Universal Investment Visa’s in-house processing team will assist applicants with this entire process and the application can be filed remotely, no need to travel.
Important Note: Universal Investment Visa ( Licence No. GCBI-MA-70) is an authorised representative, approved by the CIU and Grenada government to promote Grenada’s Citizenship by Investment programme. We are more than happy to provide a copy of our letter of appointment from the government for any potential applicant wishing to work through our company.
How to Obtain Grenada Citizenship by Investment
Book your free consultation with Universal Investment Visa’s team of experts to discuss and decide which programme and investment route is best suited to you and your family. Our experienced consultants will provide you with a personalised quotation which will cover all applicable fees. They will advise and guide you through the entire process in detail.
For your peace of mind, before you commit, Universal Investment Visa will run a pre-application background check to ensure your application is likely to be successful. Once this has been completed and you are happy to proceed, you can formally initiate the process by signing our Client Facilitator agreement and paying the pre-application deposit.
Universal investment visa’s in-house processing team will work closely with you to prepare your application. Once your file has been fully compiled our team will submit your application to Grenada’s Citizenship by Investment Unit (Grenada CIU). Government fees will be required at this stage. From this point applications take an average of 60-90 days to be processed.
Following the Grenada Citizenship Unit’s comprehensive due diligence checks and analysis of your application, an approval letter from the government will be issued and you will then be required to make the final payment. The passport will be issued within approximately one month and sent to you by secure and recorded delivery.
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Benefits of Grenada’s Citizenship by Investment Programme
Once investors have successfully been granted Grenada Citizenship, they will be issued with a Grenada passport. Grenadian passport holders benefit from visa-free access to 153 countries and territories worldwide according to Universal Investment Visa’s Unique Passport Investment Report. This represents more than half of the world’s GDP and includes access to the EU Schengen zone, UK, Hong Kong, Singapore and more.
- Visa-Free Travel to 153 countries and territories worldwide
- Security of a Plan B Passport
- No requirement to relocate to Grenada
- No language test
- Diversify your assets outside of your current region
- Live, Work and Study in Grenada and other CARICOM nations
- Tax-free incentives for residency
Advantages of Adding a Grenada Passport
Key to investing for a second citizenship and passport is understanding exactly how your existing passport combines to provide visa-free access worldwide. Not only measuring the number of visa-free destinations but giving weight to the importance and popularity of those destinations. Only Universal Investment Visa provides such comprehensive analysis for the Grenada Passport and for passports through other citizenship investment programmes by using sophisticated measures developed for business and leisure travel. Contact us and speak to one of our advisors for your free report tailored to your existing citizenship and passport.