WHAT IS THE GRENADA CITIZENSHIP BY INVESTMENT PROGRAM?

Grenada’s Citizenship-by-Investment Programme (“CIP”) offers eligible individuals and their families the opportunity to obtain full legal citizenship and passports upon making a qualifying significant investment in Grenada.

REQUIREMENTS: GRENADA CITIZENSHIP

  • Be over 18 years old
  • Have no criminal record
  • Provide all the required documents in English
  • Make a qualifying donation or investment
  • Application must be submitted through an authorised agent

BENEFITS: GRENADA

  • Citizenship for life, applicable for future generations
  • Dual citizenship is permitted
  • Dependents included:
    • Spouse
    • Children under 30 years old
    • Parents and Grandparents of any age
    • Siblings of the main applicant or spouse that are over 18 years old, single and with no children
  • Visa-free travel/entry to over 140 countries
  • No language requirement
  • Possibility to apply for an online visa for Australia
  • Enables investors to apply for the USA E-2 Visa
  • No country restrictions
  • No residency requirement
  • No education or management experience required
  • Ability to live, work and settle in any other member of the CARICOM countries

Investment Options

1. The Donation option

Minimum contribution:

  • USD 150,000 for a single applicant
  • USD 200,000 for applicant and up to 3 dependants
  • USD 25,000 for each additional dependent
2. The Real Estate option (Direct Purchase)

Purchase authorised real estate with a minimum value of USD 350,000, which must be held for at least 5 years

3. The Real Estate option (Share Investment)
  • Purchase a share in authorised real estate with a minimum value of USD 220,000, which must be held for at least five years
  • Additional fees apply, such as Due Diligence, Application, Processing fees and other Government fees

Process (Between 4-8 months)

  • Submit the completed application forms and required documents
  • Payment of application forms, deposit and due diligence fees
  • Completion of Due Diligence process
  • The Grenada Citizenship by Investment Committee gives its recommendation to the relevant authority
  • A decision will be advised within 60 business days from the date of formal application submission
  • Transfer of the investment amount to Grenada
  • Issuance of Grenadian citizenship documents and passports approximately one month after written approval is received