The Grenada Citizenship by Investment Program allows investors and their families to obtain Grenadian citizenship by making a qualifying investment in the country, such as a donation to the National Transformation Fund or purchasing approved real estate.
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Grenada Summary
Citizenship By Investment
Grenada Citizenship by Investment Program
Welcome to the Grenada Citizenship by Investment Program, your gateway to unparalleled opportunities and global mobility. Grenada, known as the “Spice Isle,” offers a unique citizenship program that combines investment with the promise of a secure, vibrant, and enriching life.
Why Choose Grenada?
Grenada’s Citizenship by Investment Program is renowned for its efficiency, flexibility, and the wide range of benefits it offers. It is ideal for those seeking global mobility, a secure investment environment, or a serene place to call home.
Benefits of Grenada Citizenship
- Visa-Free Travel: Enjoy visa-free or visa-on-arrival access to over 140 countries, including the Schengen Area, the UK, China, and Russia.
- Tax Advantages: Benefit from no income, inheritance, or wealth taxes.
- Dual Citizenship: Grenada permits dual citizenship, allowing you to retain your current nationality.
- E-2 Visa Treaty with the USA: Gain eligibility to apply for the U.S. E-2 Investor Visa.
- Stable Environment: Experience a secure and growing economic environment.
- Quality of Life: Access excellent healthcare and education systems.
Investment Options
1. National Transformation Fund (NTF)
- Single Applicant: Minimum contribution of USD 150,000.
- Family of Four: Minimum contribution of USD 200,000.
- Additional Dependents: Additional contributions required per dependent.
- Purpose: Funds development projects in Grenada.
2. Real Estate Investment
- Minimum Investment: USD 220,000 in a government-approved real estate project.
- Holding Period: The property must be held for at least five years.
- Opportunities: Invest in luxury resorts, hotels, or other approved real estate.
- Purpose: Funds development projects in Grenada.
3. Grenada Sustainable Aquaculture Program
- Investment Amount: Minimum investment of USD 300,000.
- Focus: Supports eco-friendly aquaculture projects, promoting sustainability.
Eligibility Requirements
- Age: Main applicant must be at least 18 years old.
- Dependents: Include spouse, children under 30, parents, and grandparents.
- Health: Must be in good health.
- Criminal Record: Must have a clean criminal record.
- Financial Proof: Evidence of the source of investment funds.
Application Process
- Choose an Investment Option: Select the best option for your needs.
- Prepare Documentation: Gather necessary documents such as passports, birth certificates, marriage certificates, proof of address, and financial statements.
- Submit Application: Work with a licensed local agent to submit your application.
- Due Diligence: Undergo thorough background checks.
- Approval and Investment: Upon approval, make the required investment and pay associated fees.
- Receive Citizenship: Once confirmed, obtain your Grenadian citizenship and passport.
Frequently asked Questions
Explore our comprehensive FAQ section for detailed information about the Grenada Citizenship by Investment Program. Learn about the benefits, eligibility requirements, investment options, application process, costs, and post-citizenship benefits. Whether you have questions about the types of investments, the application timeline, or the inclusion of family members, our FAQ provides clear and concise answers to help you make an informed decision. Contact us for further assistance and personalized guidance.
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What is the Grenada Citizenship by Investment Program?
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What are the main benefits of obtaining Grenadian citizenship?
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Who is eligible to apply for Grenadian citizenship through investment?
Applicants must be at least 18 years old, in good health, have no criminal record, and be able to provide evidence of the source of their investment funds. Dependents such as a spouse, children under 30, parents, and grandparents can also be included in the application.
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What documents are required for the application?
Required documents include passports, birth certificates, marriage certificates, proof of address, financial statements, and any other documents requested during the due diligence process.
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What are the investment options available for the Grenada Citizenship by Investment Program?
There are three main investment options:
1. National Transformation Fund (NTF) Donation: Minimum USD 150,000 for a single applicant. 2. Real Estate Investment: Minimum USD 220,000 in a government-approved project. 3. Grenada Sustainable Aquaculture Program: Minimum USD 300,000. -
Can I sell my real estate investment after obtaining citizenship?
Yes, you can sell your real estate investment after holding it for at least five years without affecting your citizenship status.
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How long does the application process take?
The application process typically takes between 3 to 6 months from submission to approval, depending on the thoroughness of the due diligence checks and the completeness of the submitted documentation.
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What is the role of a licensed local agent?
A licensed local agent assists with the preparation and submission of your application, ensuring that all documents are correctly completed and submitted to the Grenada Citizenship by Investment Unit (CIU).
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What are the costs involved in the Grenada Citizenship by Investment Program?
Costs include the investment amount (depending on the chosen option), government processing fees, due diligence fees, and legal or agent fees. Additional fees may apply for dependents.
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Are there any additional costs for including family members in the application?
Yes, additional costs apply for including family members such as a spouse, children, and other dependents in your application.
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Can I pass my Grenadian citizenship to my descendants?**
Yes, once granted, Grenadian citizenship can be passed down to future generations.
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Do I need to reside in Grenada after obtaining citizenship?
No, there is no residency requirement to maintain your Grenadian citizenship.
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Can I apply for a U.S. E-2 Investor Visa with Grenadian citizenship?
Yes, Grenadian citizens are eligible to apply for the U.S. E-2 Investor Visa, which allows you to live and work in the United States.
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