Citizenship by Investment

Grenada Citizenship by Investment

4-6 months
Citizenship receiving time
Real estate, Non-refundable contribution
Investment type
USD 235,000+
Investment amount 
Yes
Passing Citizenship to Future Generation
145 incl. Schengen,UK, and China
Visa free countries
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Grenada Citizenship by Investment
Grenada Citizenship by Investment

The pursuit of a second passport has become a strategic objective for individuals and families seeking broader perspectives around the world. Caribbean countries are one of the first countries that introduced their beneficial citizenship by investment programs to the world and one of them is Grenada. Grenada's Citizenship by Investment program offers a multitude of advantages, including visa-free or visa-on-arrival access to numerous countries, and the first and the only Caribbean country that offers the advantage of obtaining an E-2 Investor Visa Treaty with the USA while having the opportunity of dual citizenship. 

It is also important to note that like many citizenship programs, you won't need to have a trusted partner law firm to walk you through the application process and submit the papers to the government. Mirabello Consultancy as a trusted partner will provide you with a comprehensive application pack containing all the necessary documentation and step-by-step instructions.

With its quick processing times, visa-free access, and stable economy, Grenada beckons as an appealing destination for those seeking the advantages of citizenship by investment. 

Benefits of Obtaining Grenada Citizenship by Investment

Grenada's Citizenship by Investment program offers an array of benefits, from extensive travel privileges and family inclusion options to a secure real estate investment path and a straightforward application process. These combined advantages make Grenada an attractive choice for individuals seeking to secure a second citizenship that enhances both their personal and financial well-being. Grenada's Citizenship by Investment program is an enticing opportunity with a host of advantages. The key benefits that make Grenada an attractive destination for individuals seeking to secure a second passport:

Grenada Citizenship by Investment
Grenada Citizenship by Investment

Visa-Free Travel in 145 Countries

Obtaining Grenada citizenship by investment grants you visa-free or visa-on-arrival access to 145 destinations worldwide, including Asian countries such as China, Hong Kong, and Singapore as well as Europe's Schengen Area and the UK. This extensive list ensures that you can explore the globe with ease and convenience.

E-2 Visa for the USA with Grenada Citizenship:

Grenada stands out as the only Caribbean citizenship by investment program that holds the E-2 Investor Visa Treaty with the United States. This treaty allows Grenada citizens to apply for a working visa to the USA after establishing a domicile in Grenada. It opens doors to business opportunities and U.S. residency possibilities later in life with no minimum investment (we suggest investing at least USD 235,000 though)

Citizenship Transferable to New Spouses and Future Generations

One of the unique features of Grenada citizenship is its transferability. It can be passed on to new spouses and future generations, providing a lasting legacy and ensuring that your family can also benefit from this privilege.

Inclusion of Extended Family Members

The Grenada Citizenship by Investment program allows you to include a wide range of family members in your application. This includes your spouse, children under 30, unmarried siblings aged 18 and over, parents, and even grandparents of the main applicant and spouse, making it a family-friendly option.

No Restrictions on Dual Citizenship

Grenada imposes no restrictions on dual citizenship, providing you with the freedom to maintain your existing citizenship(s) while acquiring a Grenadian residency permit.

Tax Benefits 

Grenada has a tax-friendly environment, which can have a big impact on your financial situation. Global income, dividends, interest, and royalties received from other nations are not taxed. Inheritance, capital gains, income, and stamp duty are all tax-free. While companies follow different rules, they still enjoy more favorable tax conditions in Grenada compared to many other countries. This beneficial tax policy can improve your financial stability and prosperity.

No Minimum Stay Required

There are no mandatory minimum stay requirements in Grenada, either before or after citizenship is granted. You have the flexibility to reside where you choose while enjoying the privileges of Grenadian citizenship.

Affordable Grenada Citizenship Cost

The cost of obtaining Grenada citizenship is competitive and cost-effective, with minimal processing fees compared to many other citizenship by investment programs.

Hassle-Free Application Process

Grenada's application process is straightforward and efficient, education or management experience is required. Please also note that with new regulations you need to be interviewed.  

Interview fee

  • Main Applicant $1,000
  • Interview fee – Spouse $1,000
  • Interview fee – Child age 17 and over $1,000
  • Interview fee – Dependent Parent $1,000

Secure Real Estate Investment Option

For those interested in real estate investment, Grenada offers a secure option. You can invest in government-approved real estate projects, with a minimum purchase of USD 350,000, and an additional non-refundable contribution of USD 50,000. The real estate must be held for a period of five years, adding a tangible asset to your investment portfolio.

Confidentiality in the Application Process

Grenada's application process is conducted with utmost confidentiality. Your personal information is secure, with no disclosure or exchange of information with other governments or bodies, except when due diligence checks are carried out as part of the application process. These checks are performed by authorized due diligence agencies, ensuring the privacy and security of your application.

Citizenship by Investment Options in Grenada

Grenada's Citizenship by Investment program offers two unique paths: the Non-refundable Investment option, which focuses on direct financial support for the country's development, and the Real Estate Investment option, which combines citizenship acquisition with property ownership. Both choices have distinct advantages, and the choice is ultimately determined by the applicant's personal goals and preferences. To qualify for citizenship, the main applicant must be over 18 years of age, meet the application requirements, and select one of the following four options available:

Under the Non-refundable Investment option, applicants can make a significant contribution to Grenada's National Transformation Fund. This investment is considered to be a financial investment in various national development projects, including healthcare, education, and infrastructure improvements.

The minimum non-refundable contribution for single applicants is USD 235,000. This option is ideal for individuals who prioritize making a direct financial contribution to the country's development.

  Investor Main Applicant + Spouse Family 5+ 

Investment amount

US $235,000 US $235,000 US $235,000 plus USD 25,000/50,000 per additional dependant after the third dependant, additional sibling USD 75,000

Due Diligence 

US $5,000 US $5,000 per person

Total other fees  

US $4,000 US $4,000 per person

Application Fee - US $1,500 per person

Processing Fee - US $1,500 per person aged 17 and over, US $500 for persons under 17

Interview Fee - US $1,000 per person aged 17 and over (Including non-applicant spouse and non-applicant sponsor)

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The Real Estate Investment option allows individuals to invest in government-approved real estate projects in Grenada. This option not only grants citizenship but also provides an opportunity for capital growth through property ownership. To qualify for this option, applicants must make a minimum real estate investment of USD 350,000 in a government-approved project.

This option is particularly appealing for those who seek both citizenship and a tangible asset. Grenada's real estate market offers a range of investment opportunities, from luxury resorts to residential developments.

Families are also eligible for the Real Estate Investment option. The Real Estate Investment option combines the benefits of citizenship with the potential for long-term financial growth, making it an attractive choice for savvy investors. It’s important to note that the state fee should be also paid in the amount of fixed USD 50,000  when buying real estate in Grenada.

  Main Applicant  Couple  Family 5+ 

Investment amount

US $350,000 US $350,000 US $350,000

Due Diligence Fee 

US $5,000 US $5,000 per person

US $5,000 per adult

Dependent child 0–16: nil

Dependent child 17 and over: US $5,000 

Other Fees 

US $54,000 US $54,000

US $54,000

+Due Diligence Fee - US 5,000 per adult

+Interview Fee - US $1,000 per person aged 17 and over

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About Grenada

Grenada, sometimes known as the "Spice Isle," is an enthralling Caribbean country with beautiful landscapes and a colorful culture. It is well-known for its spice production, vibrant events such as Carnival, and a diverse economy based on tourism and services.

Grenada has an appealing Citizenship by Investment scheme that promotes economic growth while delivering the privileges of Grenadian citizenship. The island is well-known for its stability, safety, and high-quality education and healthcare.

Grenada's natural beauties, such as Grand Etang Lake, the Seven Sisters Waterfalls, and the Underwater Sculpture Park, highlight the island's stunning surroundings. The distinct combination of natural beauty, culture, and economic potential makes it a desirable destination for investors, tourists, and those seeking Grenadian citizenship. Grenada provides a spectacular Caribbean experience, whether for leisure, investment, or habitation.

Capital
Saint George
Total Area
348.5 km2
Population
124,600
History
1880’s
Language
English
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Receiving Process

Secure a trusted partner, compile essential documents, apply, invest, and receive.

Process of Receiving Grenada Citizenship

Choose a lawyer partner

Many citizenship programs require working with an Authorized International Marketing Agent to begin the process of obtaining citizenship. However, Grenada is not one of those countries. It should be noted that citizenship applications can provide their papers directly to Grenada's Citizenship by Investment Committee. But, always remember that the process can be complicated and not easily manageable, so we highly recommend contacting an Authorized Law partner Mirabello Consultancy and we will take care of the whole process. 

Document Preparation 

After contacting Mirabello Consultancy, the applicant will be assisted in preparing the required documentation for submission to the process. This phase includes filling out official forms, getting a medical checkup, and receiving specified supporting documents.

All documentation must be presented in English and legally certified. If the applicant chooses to invest in real estate, they must reserve the property through a sale and buy agreement. Mirabello Consultancy will help you to go with the best investment program per your needs. 

Make your Contribution 

When all of the necessary paperwork and documents are completed,  Our legal advisors apply to the Granda citizenship executive office. We will be in charge of all communication regarding the applicant's file, including any queries or questions that may arise.

It is important to note that the Grenada Citizenship by Investment Program started requiring interviews as a mandatory part of obtaining citizenship.

Due Diligence and Approval

The government does a thorough due diligence background check on each application. All supplied information is checked and verified during this process.

After the due diligence, the government makes the final decision, which normally follows the investment committee.

Citizenship Receiving 

If the applicants pass the steps they are granted the citizenship permit, however, during this time investors need to finalize their contribution by the end of the provided deadlines. After the full investment, we will help you to apply for the Grenada passport which will be given to you within 4 to 6 months after applying.

FAQ

Clear and crisp answers to some burning questions you may already have

What is Grenada's Citizenship by Investment?

Grenada Citizenship by Investment is a once-in-a-lifetime opportunity for individuals to get Grenadian citizenship in exchange for a major investment in the country's economy. This initiative is intended to attract foreign investors who want to help Grenada thrive while also reaping the benefits of being a Grenadian citizen.

What is the Minimum Investment Required?

The minimum investment required for Grenada Citizenship by Investment depends on the option you choose. You can opt for a donation of at least $235,000 or invest in approved real estate with a minimum value starting from $350,000. It's essential to consider these investment thresholds when planning to obtain Grenadian citizenship through this program.

Do I Need to Reside in Grenada After Obtaining Citizenship?

No, there is no requirement for you to reside in Grenada after obtaining citizenship through the Grenada Citizenship by Investment program. Grenada allows individuals to become citizens without the obligation of living in the country, providing flexibility for those who wish to maintain their existing residence while enjoying the benefits of Grenadian citizenship, including visa-free travel and investment opportunities.

Can I Apply for Grenada Citizenship Without a Licensed Agent? 

To apply for Grenada Citizenship by Investment, you must work with a licensed authorized agent. The Grenada Citizenship by Investment program requires applicants to go via an authorized agent who is familiar with the process and can assist you in properly completing and submitting your application. Using an authorized agent guarantees that your application meets all of the relevant requirements and increases the chances of success.

Can Same-sex Couples Apply For Grenada Citizenship Program? 

Unfortunately no, same-sex couples are not eligible to apply for the Grenada Citizenship by Investment program.