Citizenship by Investment

GRENADA

Grenada’s citizenship by investment provides increased global mobility, along with a fast application time.

Why Choose Grenada for Citizenship?

Grenada, often referred to as the Spice Island due to its rich assortment of locally grown spices, boasts a captivating waterfront that ranks among the Caribbean’s most picturesque. This stunning scenery is just one of the many compelling reasons to explore the three enchanting main islands. From diving and sailing adventures to exquisite dining experiences, pristine beaches, and a lively calendar of festivities, Grenada has firmly established itself as the preferred destination for numerous high net worth investors. Grenada extends dual citizenship privileges, allowing investors to retain the benefits of their current passports.

About Grenada

Caribbean, island between the Caribbean Sea and the North Atlantic Ocean, north of Trinidad and Tobago

Capital

Saint George's

Difference

UTC - 4

Currency

East Caribbean dollars

Languages

English

Exchange Rate

1 USD = 2.7 XCD

Total Area

344 sq. km.

Investment Options

Real Estate Investment:
Investors can opt for an investment in pre-approved real estate projects, with a minimum investment of US$350,000, which must be held for at least four years. This amount covers the main applicant, their spouse, and two qualifying dependents. Additional dependents require an extra US$25,000 each. If an eligible parent under the age of fifty-five is included, an additional contribution of USD 50,000 is required. For eligible siblings, an extra contribution of USD 75,000 is necessary.
National Transformation Fund Donation:
Applicants may choose to donate a minimum of US$150,000 to Grenada’s National Transformation Fund, with the minimum requirement covering the main applicant only. Families of up to four individuals must contribute US$200,000, with an extra donation of US$25,000 per additional dependent. If an eligible parent under fifty-five or an eligible sibling is included, additional contributions of USD 50,000 and USD 75,000, respectively, are required.

Permanent Residency Certificates: The issuance of permanent residency status has been completely removed from the citizenship by investment process. The government will communicate updates regarding an alternative form of national ID when available.

Key Benefits and Privileges

Swift processing within a mere four months.
Inclusion of dependent children under 30, as well as physically or mentally challenged children fully supported by the primary applicant.
Eligibility for dependent siblings of the main applicant or spouse, provided they are under 18.
Inclusion of dependent parents.
No obligatory physical residency requirements.
No need to visit Grenada during the application process.
No interview, educational prerequisites, or prior management experience required.
Visa-free travel to over 135 countries, including the European Schengen zone.
The E-2 Visa Program agreement between Grenada and the United States, enabling Grenadian citizens to establish and manage substantial businesses in the U.S. while residing there.
No taxation on global income.

Requirements for Grenada Citizenship by Investment

To qualify for residency or citizenship, applicants must meet the following criteria:

Swift processing within a mere four months.
Inclusion of dependent children under 30, as well as physically or mentally challenged children fully supported by the primary applicant.
Eligibility for dependent siblings of the main applicant or spouse, provided they are under 18.
Inclusion of dependent parents.
No obligatory physical residency requirements.
No need to visit Grenada during the application process.
No interview, educational prerequisites, or prior management experience required.
Visa-free travel to over 135 countries, including the European Schengen zone.
The E-2 Visa Program agreement between Grenada and the United States, enabling Grenadian citizens to establish and manage substantial businesses in the U.S. while residing there.
No taxation on global income.

Real Estate Investment:
Investors can opt for an investment in pre-approved real estate projects, with a minimum investment of US$350,000, which must be held for at least four years. This amount covers the main applicant, their spouse, and two qualifying dependents. Additional dependents require an extra US$25,000 each. If an eligible parent under the age of fifty-five is included, an additional contribution of USD 50,000 is required. For eligible siblings, an extra contribution of USD 75,000 is necessary.
National Transformation Fund Donation:
Applicants may choose to donate a minimum of US$150,000 to Grenada's National Transformation Fund, with the minimum requirement covering the main applicant only. Families of up to four individuals must contribute US$200,000, with an extra donation of US$25,000 per additional dependent. If an eligible parent under fifty-five or an eligible sibling is included, additional contributions of USD 50,000 and USD 75,000, respectively, are required.

Your Journey to International Citizenship

Your Path to Global Citizenship, Simplified by Elite Invest

Step 01

Client shares passport copies for pre-screening

Step 02

Once cleared, we prepare a retainer agreement for signing

Step 03

Elite Invest assists client with preparation of documents

Step 04

Elite Invest submits files to Citizenship by Investment unit to insert country name

Step 05

Government due-diligence process takes place

Step 06

Government issues an approval letter upon successful clearances

Step 07

Donation or investment amount is settled by the client

Step 08

Citizenship documents and passport is issued and received by Elite Invest

FAQs

What is Grenada best known for?

Grenada, often referred to as the Spice Island of the Caribbean, is a hidden gem known for its untouched beauty and renowned for its aromatic spices and organic chocolate. It stands out as one of the safest places to live, situated outside the primary hurricane belt, providing environmental security. Notably, Grenada is home to one of the world’s top medical universities.

When must the Grenada citizenship investment be paid?

After settling the processing and due diligence fees, the investment occurs in two stages. An initial deposit is made upon submission of the citizenship application, followed by payment of the balance upon approval. Passport issuance promptly follows.

Do I need to give up my current citizenship?

Grenada recognizes dual citizenship, allowing investors to retain their current passports.

How does Grenada'S E2 visa treaty with the U.S. work?

Grenada stands as the sole Caribbean nation offering its citizens the option to apply for an E-2 Work Visa, granting the privilege to live and establish businesses in the United States. Processing typically takes around two months or less and remains valid for up to five years, with an unlimited number of extensions. Unlike U.S. permanent residence, E-2 visa holders may potentially avoid taxation on their worldwide income.