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.
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.
Obtain your permanent second citizenship and passport in only 60 business days.
Your permanent residency card can be issued without visiting or residing in Grenada; dual citizenship is allowed.
TRAVEL WITH EASE
As a citizen of Grenada, you gain access to visa free travel to 120 countries. This list includes the UK and Schengen States as well as important business hubs like Singapore, Hong Kong and Australia.
Furthermore, Grenada is one of the very few nations whose citizens do not require a visa to travel to the People’s Republic of China.
TAKING ADVANTAGE OF NEW BUSINESS OPPORTUNITIES
Grenadian passport holders benefit from an attractive tax regime:
No foreign income tax, no inheritance tax, no capital gains tax, no wealth and gift tax.
Another great advantage includes the eligibility for USA E-2 Visa. This visa allows Grenadian citizens to apply for a Green Card, start a business and live in the United States, with the possibility of obtaining American Citizenship after 5 years.
SECURE YOUR FAMILY’S FUTURE
Children (below the age of 26) and dependent parents can apply to obtain citizenship along with you, with the possibility to relocate to any other Caribbean Community (CARICOM).
Future generations of your family will continue to benefit from their Grenadian citizenship and enjoy the dynamic, vibrant, and extremely hospitable local community as well as countless opportunities for relaxation and adventure.