Grenada
Grenada’s Citizenship by Investment ensures increased global mobility.
Source : Rif Trust
162
visa-free countries
$235,000
minimum requirement
6-12
months processing time
Can you picture Grenada citizenship? Lying just outside of the hurricane belt, Grenada is an island of lush, tropical rainforests, stunning waterfalls, and beautiful sandy beaches.
As well as gifting you the right of settlement in an outstandingly attractive country, Grenada citizenship ensures you and your family can travel to 160 visa-free destinations.
Benefits of Grenada
See as Little of Grenada as You Want or as Much
The Grenada Citizenship by Investment Programme, notably, does not require you to relocate or even visit the country at any stage of the application process and beyond.
Save Time with Short Processing
Receive your Grenada citizenship within 6-12 months.
Add Family Members to Your Application
Include children up to the age of 30 and parents over the age of 55, ensuring your dependents receive the same Grenada citizenship benefits as you.
Take Advantage of Favourable Tax Benefits
Citizens of Grenada, moreover, don’t pay any foreign income, wealth, or inheritance taxes on their worldwide wealth.
Who Can Get Grenada Citizenship
Investor
Firstly, be over 18 years old
Secondly, not have spent more than 6 months in prison
Thirdly, be solvent
Lastly, have a clean bill of health
Spouse
Firstly, be a minimum 18 years old
Secondly, not have been convicted of a custodial sentence longer than 6 months in prison
Lastly, have a clean health record
Dependent Children
Up to the age of 30 may be included
Dependent Parents
Over 55
Siblings
Unmarried and, also, childless
Grenada Citizenship by Investment Programme Requirements
To apply for the Grenada Citizenship by Investment Programme, you must fulfill ONE of the following investment options, as well as meeting other requirements:
OPTION 1. Contribute to the National Transformation Fund (NTF)
The first Citizenship by Investment option involves an NTF donation of $235,000 for you as the main applicant and up to 3 dependents, and $25,000 for any extra dependent.
Additionally, you and your family members also pay application fees of $1,500 per application. Furthermore, there are due diligence fees of $5,000 for you, $5,000 for your spouse, and $5,000 for dependents aged 17 +. Moreover, there are additional $1,500 processing fees for those over 18 and $500 for those under 18.
OPTION 2. Invest in Approved Real Estate Projects
To qualify for the property option, you either buy a $220,000 share in an approved real estate project or invest $350,000 in such a project. In either case, the real estate unit must be held for at least 5 years from the date you receive your Grenada citizenship.
Moreover, you also pay government fees of $50,000 for a family of up to 4 and $25,000 for every additional dependent if buying a share. Likewise, the other property investment option requires the same amount for government fees.
In addition, there are supplementary application fees of $1,500 per person, as well as due diligence fees of $5,000 for everybody aged 17+, and $1,500 processing fees for those over 18 and $500 for those under 18.
Other Grenada Citizenship Requirements and Benefits
The Grenada Citizenship by Investment Programme requires you to renew your passport every 10 years.
Additionally, becoming a Grenadian citizen gives you access to China and eligibility for an E2 Investor Visa after residing in the country for 3 years.
Grenada Citizenship by Investment Application Process
MONTH 1
Grenada citizenship onboarding
We begin our process with Form 1, but of course. This enables us to apply the initial RIF Trust due diligence. Following this, we will supply you with a Client Agreement (CA) to review and sign.
After receiving the signed agreement and retainer payment, our case processing team will complete all necessary government forms and collate supporting documents. If you invest in real estate, at that point, you will need to execute a sales and purchase agreement with the property developer. We will then liaise with the property developer and the Grenada Citizenship by Investment Committee (CBIC) on your behalf.
MONTHS 2-5
Grenada Citizenship by Investment application review and submission
Prior to the submission of your documents, we examine your application to ensure your file complies with the CBIC's requirements. Once we complete this review, we then submit the relevant forms.
The CBIC undertakes its own due diligence and review all your paperwork. Throughout this stage, we will continue to work closely with them.
MONTHS 6-12
Issuing of Grenada citizenship
The CBIC scrutinizes your application. Once this receives approval, you make all obligatory contributions and pay any related government fees.
Following this step, you can apply for a Grenadian passport which will mean you will no longer have to concern yourself with visa requirements when travelling. Electronic Travel Authorization (ETA) matters will also be a less of a worry for you after you become one of the Grenada passport holders.
Frequently Asked Questions
What will I receive from Grenada citizenship?
Grenada, a sovereign state made up of 7 islands in the south-eastern Caribbean, lies off the north coast of Venezuela. Its population is 107,000 and Grenada's landmass comprises an area of 344 sq. km.
Furthermore, Grenada is a member of Caricom and the Organisation of Eastern Caribbean States. Additionally, it is part of the Commonwealth of Nations. Notably, citizens of Grenada don’t pay foreign income, wealth, or inheritance taxes on their worldwide wealth. They also enjoy visa-free travel to 160 countries.
What are the major benefits of getting Grenada citizenship?
Aside from boasting stunning scenery and delightful temperatures, there are many other benefits of citizenship in Grenada. These advantages include:
Travel visa-free to 160 destinations
No physical residency requirements with the Grenada passport
The option to include family members on applications and transfer citizenship to new spouses and future generations
Additionally, there are no restrictions on dual citizenship in Grenada
What is the minimum investment required for Grenada citizenship?
The Grenada Citizenship by Investment programme requires a donation of at least $235,000. Furthermore, there will also be extra due diligence fees.
Who can apply for the Grenada Citizenship by Investment Programme?
Apply for Grenada Citizenship by Investment if you’re over the age of 18, have no criminal record, and are in good health.
How many visa-free countries will I be able to travel to with a Grenada passport?
Your Grenada passport allows you to travel visa-free to 160 destinations, including China, Hong Kong, Singapore, the UK, and the Schengen area.
Grenada allows visa-free access to China, and also has an E-2 Investor Visa Treaty with the United States. This qualifies Grenadian citizens for a non-immigrant visa after 3 years on the island.
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