Grenada

Programme Overview

The original Grenada Citizenship-by-Investment Programme became obsolete in 2001 and reopened again in 2013, making it the most recent of its kind. Investment can currently be made in an approved real estate project and, in the near future, another option is expected to allow payment to the Island Transformation Fund, after first obtaining permanent residency.

The minimum investment requirement is $350,000, which can be re-sold after five years.

Primary Benefits

  • No nationality restrictions
  • Successful applicants will be granted permanent lifetime citizenship, which may not be revoked and is protected from changes in government policy or officials
  • Citizenship via the real estate option can be processed in 60 days with a passport issued shortly afterwards
  • No residency requirements and no need to travel to Grenada during the process
  • Visa-free access to approximately 121 countries including the UK, Australia, Schengen States, China, Hong Kong and Singapore
  • Includes children under 25 and dependants over 65 years old
  • Worldwide tax exemption
  • Dual citizenship is recognized. No need to renounce current citizenship; the home country will not be made aware of the new citizenship

Country profile and history

Grenada is an island state located in the southeast Caribbean Sea, northwest of Trinidad and Tobago, northeast of Venezuela and southwest of Saint Vincent and the Grenadines. Easily accessible, Grenada is served by direct flights from London, New York, Miami and Toronto by British Airways, Virgin Atlantic and American Airlines.

It is often referred to as the ‘Spice Island’ due to the large quantities of nutmeg and mace that are produced. The population is approximately 110,000 and it has an area of 344 km². The predominant religion in Grenada is Christianity. As a member of the Commonwealth, the British monarch is Queen of Grenada and Head of State, represented by a Governor General. The Prime Minister retains day-to-day executive power. English is the official language and the legal framework is based on the British system.

Grenada is a member of the United Nations, the Organization of American States (OAS), CARICOM, the Organization of Eastern Caribbean States (OECS), the African, Caribbean and Pacific Group of States, the Non-Aligned Movement and the World Trade organisation. The official currency, the Eastern Caribbean dollar, enjoys a fixed exchange rate with the US dollar (EC$2.70 = US$1.00).

Tourism is the major force in Grenada’s economic growth and the island state is also a leading producer of a number of spices exported worldwide.

Brochure

A detailed guide explaining the application process and investment for Grenada

NGE Brochure
Visa-Free
Process
Investment
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