Grenada Citizenship By Investment
Citizenship | Access to Schengen Area, UK, China, Singapore and Hong Kong
The Citizenship by Investment Programme was established by the the Grenadian Parliament, in August 2013,
and is regulated by Act No. 15 of 2013, otherwise referred to as the ‘Grenada Citizenship by Investment Act, 2013.’
Grenada lies on the edge of the Caribbean Sea, about 140 KM northeast of Venezuela. It has a population of approximately 112,000 and its capital is St Geroge’s. The official language is English the official currency is the East Caribbean Dollar.
Known as the ‘Spice Island‘, Grenada is a perfect blend of idyllic beaches, culture, fun and friendliness. Grenada has been a U.S. treaty country since 1989, and its largest exports include nutmeg, cocoa, fish and wheat flours. Tourism is a rapidly growing industry, with Grenada winning more of the Caribbean tourism market share, particularly thanks to the investment brought in by its Citizenship By Investment Programme.
The Grenada Citizenship By Investment Programme, grants individuals the opportunity to acquire a Grenadian passport. With minimal fees, no interviews, management experience, or education requirements, the programme is a straightforward process.
Grenadian Citizenship allows individuals to live and work in Grenada, together with all the rights associated with being a member of the Commonwealth and CARICOM, and with having visa-free access to 143 countries including the Schengen Area. As a U.S. treaty country, Grenadian citizens are able to apply for the U.S. E-2 Visa. Furthermore, these benefits may be extended to family members included in the application.
To apply for Grenadian citizenship through the citizenship by investment programme, applicants can choose to:
Make a contribution of USD 150,000 to the National Transformation Fund for a single applicant, or USD 200,000 for up to a family of four; or
Purchase real estate in one of the government approved projects for a minimum value of USD 350,000 and hold this property for a minimum of 3 years;
Further to this, government-related administrative fees start from USD 8,000 for a single main applicant. If choosing the real estate option an additional USD 50,000 government fee is required.
This means that the total capital outlay for a single applicant, through the NTF contribution would amount to circa USD 158,000. This excludes service providers’ professional fees.
The CIVIQUO™ process starts by filling in our qualification questionnaire. The questionnaire is a simple online form which helps us to gather all your requirements, whilst ensuring that the essential criteria are met.
2. Receive Quotes
Our team will use the information you provide to find the best quotes in the market for you. Our growing international network of immigration professionals, means that we can provide the best quotes in the market, for any residency or citizenship programme, anywhere in the world.
We will send you the quotes and once you have identified a quote which best suits your needs, our team will reconfirm expectations on both sides, a client agreement is signed, and a deposit payment is made.
4. Application Process
Your chosen service provider, will work with you to start compiling the application. Our concierge-style support will ensure that the process of compiling the application is as smooth as possible.
Once an application has been submitted, the government authorities review the application and communicate the outcome. This period of time varies depending upon the programme, but it may be used to further explore what opportunities will become available once residency or citizenship are attained.
6. Renewal & Support
Some residency and citizenship programmes require compliance monitoring, and/or renewals, and together with our service providers, we will make sure that any renewals, or other interventions are done on time, and accurately. Even after this, the CIVIQUO™ team remains at your service.