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Citizenship By Investment

Grenada's Citizenship by Investment Program offers a pathway to obtain citizenship through investments in real estate or donations to the country's National Transformation Fund. This initiative provides visa-free access to over 140 countries, enhancing global mobility and investment opportunities. Ideal for investors seeking a secure and prestigious second citizenship in the Caribbean.

a sandy beach with waves coming in to shoreby Elaine Brewer

Overview

Investment

$235,000

Minimum investment amount in USD.

Processing Time

7 - 8 Months

Total time required to obtain a second passport.

Investment Return

5 years

Return on real estate investment.

Key Benefit

140+ Destinations

Visa-free  access to Grenada, China, Russia, Singapore, the United Kingdom, and the Schengen Area of Europe, among other destinations.

The Grenada Citizenship by Investment Program requires applicants to either make a substantial economic contribution to the country or invest in a government-approved qualifying asset. In return, and subject to a rigorous vetting and due diligence process, including comprehensive background checks, successful applicants and their families are granted citizenship.

Known for its efficiency and robust due diligence, Grenada’s CBI program provides access to visa-free or visa-on-arrival travel to over 140 countries, including the UK, China, Russia, and the Schengen Area. Additionally, Grenadian citizenship offers the unique benefit of eligibility for the United States E-2 Investor Visa, making it an attractive option for global investors and those seeking greater travel freedom.

Benefits of Grenada's Citizenship By Investment Program

  • Global Mobility

    Grenadian citizens enjoy visa-free or visa-on-arrival access to over 140 countries, including key global destinations such as the UK, China, Russia, Singapore, and the Schengen Area of Europe. This makes travel for business or leisure more convenient and less restrictive.

  • Access to the U.S. E-2 Visa

    Grenada is one of the few countries whose citizens are eligible to apply for the U.S. E-2 Investor Visa. This visa allows individuals to live and work in the United States by investing in a U.S.-based business, providing a unique pathway to reside in the U.S. for Grenadian citizens.

  • Attractive Tax Regime

    Grenada offers a favorable tax environment with no wealth, inheritance, foreign income, or capital gains taxes. This makes it an ideal choice for investors looking to protect and grow their wealth in a tax-efficient manner.

  • Family Inclusivity

    The program allows for the inclusion of family members such as a spouse, children, parents, and even siblings in a single application. This enables families to secure citizenship together, offering long-term benefits for future generations.

  • Dual Citizenship Permitted

    Grenada allows dual citizenship, meaning applicants do not have to renounce their existing citizenship. This provides added flexibility and security, as individuals can maintain ties to their home country while enjoying the benefits of Grenadian citizenship.

  • Stable and Secure Investment Environment

    Grenada’s Citizenship by Investment Program is well-regulated and backed by a stable political and economic environment. Applicants can choose to contribute to the National Transformation Fund (NTF) or invest in a government-approved real estate project, with both options offering a secure path to citizenship while contributing to Grenada’s development.

Who is Eligible for a Grenada Passport?

High-Net-Worth Individuals

  • Individuals with substantial financial resources who seek to obtain Grenada's citizenship through investment.

Families and Extended Families of Investors

  • Families and extended families of investors including:
    Spouse
    Children under 18
    Children aged 18 - 30
    Parents & Grandparents

Global Investors

  • Foreign investors interested in acquiring Grenada's citizenship as a strategic investment opportunity.

Qualified Applicants

  • Individuals who meet the eligibility criteria and investment requirements set forth by the Grenadian Citizenship by Investment Program.

  • Business owners and real estate entrepreneurs looking to establish a presence in Grenada and gain citizenship through investment in the country's economy.

Grenada Passport

Grenada’s passport is a highly regarded travel document, offering visa-free or visa-on-arrival access to over 140 countries, including the UK, the Schengen Area, China, and key destinations in the Caribbean. It is also unique in that it grants visa-free access to China, making it a valuable passport for global mobility. Grenada’s Citizenship by Investment Program (CBI) allows individuals to obtain citizenship through investment in real estate or a government donation, making it an attractive option for those seeking greater travel freedom and the potential to establish residency in the United States through the E-2 Investor Visa treaty.

Passport Rank

32nd1Passport Index Ranking 2024
147 - Visa Free Destinations

Validity of the Grenada's passport

Grenada’s passport is valid for 5 years for both adults and minors

Government Processing Time

The processing time for issuing a Grenadian passport is typically around 2 to 4 weeks for standard applications.

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Investment options for Grenada's Citizenship By Investment

To qualify for citizenship, the primary applicant must be over 18 years of age, meet the application requirements, and satisfy one of the two primary qualifying options:

National Transformation Fund donation

A minimum non-refundable contribution to the NTF of USD 235,000 for a single applicant or for a family of up to four members

Real estate investment - $270,000

A minimum investment of USD 270,000 in a government-approved real estate project is required. Additionally, a non-refundable contribution of at least USD 50,000 applies to this option. The property must be held for a minimum of five years if it is resold as a qualifying investment to another Citizenship by Investment participant. Alternatively, it can be sold at any time after the initial purchase.

Procedure and time frame of Grenada's Citizenship by Investment Program

The Grenada Citizenship by Investment Program typically takes 4 to 6 months from application submission to passport issuance. Applicants must first engage an authorized agent to prepare and submit necessary documents. Once submitted, the Citizenship by Investment Unit conducts a thorough due diligence process, which takes about 3 to 4 months. After receiving approval, applicants complete the required investment, either in real estate or the National Transformation Fund. Here is an overview of the procedure and timeline involved in this process:

Anse La Roche Bay | Carriacouby Hugh Whyte

Initial Consultation and Selection of Investment Option

Immediate

Applicants must work with an authorized agent licensed by the Grenadian government to manage the application process. The agent will guide the applicant through documentation, legal advice, and ensure compliance with program requirements.

Preparation and Submission of Application

2-4 weeks

The applicant must gather the required documents, including:
Passport copies, birth certificates, marriage certificate, police clearance certificates, medical reports, financial statements proving the source of funds.

Due Diligence and Background Check

3-4 months

The CBIU conducts a thorough background check and due diligence on the applicant and any included dependents. During this period, the application is assessed for compliance with Grenada's legal requirements. The applicant is notified of approval, conditional approval, or rejection.

Investment and Payment

Immediate

Upon receiving a preliminary approval, the applicant is required to make the full investment. This can either be a donation to the National Transformation Fund (NTF) or an investment in a government-approved real estate project. Proof of payment is submitted to the CBIU.

Final Review and Approval

1 - 2 months

After confirming the investment, the authorities conduct a final review of the application and investment compliance. If everything is in order, the application is approved.

Issuance of Citizenship and Passport

2-4 weeks

Once the investment is confirmed, the applicant is granted Grenadian citizenship. Citizenship certificates are issued, and the applicant is eligible to apply for a Grenadian passport through the agent. The passport is usually issued within 2-4 weeks.

Post-Approval Support

FNDCS Immigration continues to provide support to clients even after they have obtained citizenship. This may include assistance with passport renewal, citizenship-related inquiries, and ongoing advisory services.

Real Estate in Grenada

Real estate investment in Grenada is a popular option under the Citizenship by Investment Program, allowing investors to acquire citizenship by purchasing government-approved properties. To qualify, applicants must invest a minimum of USD 270,000 in an approved real estate project, such as resorts, villas, or luxury developments. In addition to the investment, a non-refundable contribution of at least USD 50,000 is required. The property must be held for a minimum of five years if it is to be resold to another Citizenship by Investment applicant. This option not only provides a path to Grenadian citizenship but also offers potential for property appreciation and rental income, making it an attractive choice for investors.

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Grenada

Grenada, known as the "Spice Island," is a Caribbean gem renowned for its lush landscapes, pristine beaches, and vibrant culture. With a rich history, Grenada offers a unique blend of French and British colonial influences, reflected in its architecture and cuisine. Popular for its world-class diving, picturesque waterfalls, and friendly locals, the island is a haven for nature lovers and adventure seekers. Grenada’s relaxed atmosphere, combined with its thriving tourism and citizenship-by-investment program, makes it an attractive destination for both travelers and investors.

How FNDCS Immigration Can Assist You

Our team of seasoned professionals is committed to providing end-to-end support throughout the citizenship acquisition process. From initial consultation to finalizing documentation and beyond, rely on FNDCS Immigration for unparalleled expertise and personalized service.

Unlock unparalleled opportunities and embrace a world of possibilities with second citizenship through FNDCS Immigration. Experience seamless integration into new cultures, economies, and communities while safeguarding your legacy for generations to come.

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