GRENADA CITIZENSHIP BY INVESTMENT PROGRAM
Grenada is a country in the West Indies in the Caribbean Sea at the southern end of the Grenadines island chain. Grenada consists of the island of Grenada itself plus six smaller islands which lie to the north of the main island. It is located northwest of Trinidad and Tobago, northeast of Venezuela and southwest of Saint Vincent and the Grenadines.
Grenada – Quick Facts
- Capital: St George’s
- Passport Rank: 33
- Population: 120,000
- Language: English
GRENADA CITIZENSHIP BY INVESTMENT PROGRAM
For High Net worth Individuals & investors, who are looking for improved political security, increased global mobility and international trade opportunities, Grenada’s citizenship by investment program ticks every box.
The Citizenship by Investment Programme for Grenada is one of the newest investment programmes available to investors. The programme provides Grenadian passport to investors offering visa-free travel to over 144 countries including the UK, EU Schengen countries and China.
Grenada Citizens are eligible to apply for E2 visa for United States. Grenada Also allows an applicant to include unmarried dependent siblings in the same application which makes the program very unique.
INVESTMENT OPTIONS
Grenada Passport can be obtained either by making a non refundable contribution in National Transformations funds or investment in approved real estate projects.
Option 1: National Transformation Funds (Non refundable)
Non refundable contribution (National Transformation Funds)
Under Sustainable growth Funds, applicant can obtain life time citizenship by donating below mentioned amount in Sustainable Growth Funds.
Family Size | Contribution (Non refundable) | Application and Processing Fee | Due Diligence
|
Single Applicant | $ 150,000 | $ 3,000 | Main applicant: $5,000 |
Main Applicant + Spouse | $ 200,000 | $ 3,000 Each | Main applicant: $5,000 Spouse: $5,000 |
Main Applicant + Spouse + 2 Dependents | $ 200,000 | $ 3,000 Each | Main applicant: $5,000 Spouse: $5,000 Dependents over 17 yrs: $5,000 |
Main Applicant + Spouse+ more than 2 Dependents | $ 200,000 (Plus Additional $25,000 for each dependent irrespective of age) | $ 3,000 Each | Main applicant : $5,000 Spouse : $5,000 Dependents over 17 yrs : $5,000 |
Option 2: Real Estate Investment
Real Estate Investment ($220,000 investment in govt. approved projects)
The applicant is required to purchase $ 220,000 shares in a govt. approved project. Shares can be sold after 5 years. During the holding period applicant can also earn return on investment without any ongoing project cost. Additional to this by investing in real estate applicant gets TRN which is one of the important documents to apply for E2 visa in USA.
Family Size | Investment | Due Diligence | Government Fees | Application & passport fee |
Single Applicant | $220,000 (5 yrs Holding Period) | Main applicant: $5,000 | $ 50,000 | $ 3,000
|
Main Applicant + Spouse | $350,000 (5 yrs Holding Period) | Main applicant: $5,000 Spouse: $2,000 | $ 50,000
| $ 3,000 each
|
Main Applicant + Spouse + 2 Dependents | $350,000 (5 yrs Holding Period) | Main applicant: $5,000 Spouse: $2,000 Dependents over 17 yrs: $2,000 | $ 50,000
| $ 3,000 each
|
Main Applicant + Spouse+ more than 2 Dependents | $350,000 (5 yrs Holding Period) | Main applicant: $5,000 Spouse: $2,000 Dependents over 17 yrs: $2,000 | Upto Family of 4: $50,000 Each Additional Dependent: $ 25,000 | $ 3,000 each |
** Legal and Professional fee applicable
BENEFITS OF OBTAINING GRENADIAN CITIZENSHIP
- Visa-free travel to over 142 countries including the UK, EU Schengen countries and China
- Citizenship is for life
- No physical residence required
- No tax on worldwide income
- Pay no tax if not residing in Grenada
- Fast processing within 3 – 5 months
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