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Grenada Citizenship By Investment
Citizenship | Access to Schengen Area, UK, China, Singapore and Hong Kong
The Grenada 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.’
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Mobility
Visa-free access to 143 countries
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Minimum Capital Outlay
USD 158,000
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Application Processing Time
~ 2 Months
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Physical Presence
Recommended
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Qualifying Criteria
A Choice of a Contribution to the State or Real Estate
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Pre-requisites
Main applicant must be at least 18 years of age;
Clean Personal background with no criminal record;
Grenada
Grenada is a small island nation located in the Caribbean Sea, approximately 140 kilometers northeast of Venezuela. With a population of approximately 112,000, Grenada is known for its rich culture and beautiful beaches. The country is a perfect blend of idyllic beaches, culture, fun and friendliness, and is also known as the “Spice Island” for its production of nutmeg, cocoa, and other spices. Its capital is St. George’s and the official language is English.
Grenada is a member of the Commonwealth of Nations and the Caribbean Community (CARICOM), and has been a U.S. treaty country since 1989. Tourism is a rapidly growing industry in Grenada, and the country has been successful in increasing its share of the Caribbean tourism market. The Grenada Citizenship By Investment Programme has also contributed to this growth by attracting foreign investment.
Benefits
Citizenship by investment in Grenada offers individuals the opportunity to acquire citizenship of Grenada through a straightforward process with minimal fees and requirements. Grenadian citizenship allows individuals to live and work in Grenada, with visa-free access to 143 countries including the Schengen Area. Additionally, Grenadian citizens are eligible to apply for a U.S. E-2 Visa, and these benefits can be extended to family members included in the application. Grenadian citizenship also grants individuals the rights and privileges associated with being a member of the Commonwealth of Nations and the Caribbean Community (CARICOM).
Furthermore, Grenada’s status as a U.S. treaty country means that Grenadian citizens are able to invest, conduct business, and work in the United States. These benefits make acquiring Grenada citizenship through Grenada’s economic citizenship program, an attractive option for individuals looking to expand their opportunities and enhance their mobility.
COMMITTMENT
To apply for Grenada citizenship through the Citizenship By Investment Program, individuals can choose to make a financial contribution to the National Transformation Fund or purchase real estate in a government-approved project. The contribution to the National Transformation Fund is USD 150,000 for a single applicant or USD 200,000 for a family of up to four. The minimum investment in real estate is USD 350,000, and the property must be held for a minimum of three years. Government-related administrative fees start from USD 8,000 for a single main applicant, with an additional fee of USD 50,000 required if choosing the real estate option. This means that the total capital outlay for a single applicant through the National Transformation Fund contribution is approximately USD 158,000, excluding service providers’ fees and other costs associated with purchasing real estate.
Our Process
1. Qualify
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.
3. Confirm
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.
5. Outcome
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.
