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Grenada

Non-European

Citizenship by Investment

Minimum Investment

$150,000

Donation

Minimum Investment

$220,000

Real Estate

Time To Citizenship

4-6

Months

Visa-Free Access *

140+

Countries & Territories

About the program

Launched in August 2013, the Grenada Citizenship by Investment program is one of the newer Caribbean programs. The mission of the Citizenship by Investment program is to strengthen the country by creating economic growth through foreign investments. As an applicant, you must be at least 18 years of age, of good character and without a criminal record. Additionally, you are required to make a non-refundable donation to the National Transformation Fund or make an investment in government-approved real estate projects.

Benefits

Visa-Free Travel

Visa-free and visa-on-arrival travel to over 140 countries and territories including Hong Kong, Singapore, China, Russia, The Schengen area, and the United Kingdom.

Guaranteed by law

The Grenada program is the only one of the Caribbean citizenships by investment programs that offers an opportunity to obtain an E-2 Investor visa in the United States of America

Straightforward Process

Designed to be a smooth and straightforward process with a timeframe of 6 months to your new citizenship.

Tax Relief

Grenada imposes minimal taxation, with an exception of no taxation on wealth, gift, inheritance, foreign income, or capital gain.

Minimal residency required

There are no residency requirements – you are eligible to apply immediately

Dual Citizenship permitted

There is no need to renounce your current citizenship(s), and your home authorities are not notified of your new citizenship.

Program requirements

Main applicant requirements

  • 18+ years of age
  • Good health
  • No criminal record
  • Successfully pass due diligence checks
  • Receive approval by the Government
  • Confirmed investment sources

Eligible dependents

  • Spouse of the main applicant
  • Adult children (biological or adopted) under 28 years of age
  • Dependant parents

*Parents and children older than 18 must be dependent on the main applicant.

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Program process

The expected timeframe for the application process is 6 months. The first stage of the document collection can differ in length depending on the applicant’s ability to gather the documents. Our team guides this process with samples and best practice advice. The reviewal stage is subject to the respective Government schedule and can be impacted by factors which we, as authorised agents have no control over. Savory and Partners collaborates with the Government throughout the entire process, and we aim to provide the quickest and smoothest experience for the applicant.

Legal basis

The Citizenship by Investment (CBI) program is protected by Grenada’s legislation, namely the ‘Citizenship by Investment Act 15, 2013’. This law is documented and published and forms part of the laws of Grenada as framed and approved by the national parliament. It stipulates that any person can apply for naturalization and may be eligible for Citizenship on payment of fees if the Government is satisfied that such person has invested substantially in Grenada. The act allows for investment to be made in either one of two ways: The first is by making a contribution to the National Transformation Fund, which assists the development of Grenada’s resources, with the aim of benefiting Grenadians. The other option is an investment in a government-approved real estate project, which comes into being after being reviewed and recommended by the committee to the government Minister in charge.

Register for more information

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