Grenada Citizenship By Investment

Grenada Citizenship By Investment

Grenada second citizenship and passport

Grenada

Grenada is located on the North American continent in the southern part of the Caribbean Sea. It consists of the island of Grenada and 6 small islands at the southern end of the Grenadines in the southeastern Caribbean Sea.

It has full membership and participation in the Caribbean Communities, the Organization of Eastern Caribbean States and the United Nations.

The capital of Grenada, St. George’s, has an English-speaking population. It is characterized by the beauty of its mountains, with stunning natural scenery that combines waterfalls, rivers, and quiet meanders, extending with a silky strip of white sandy beaches. The most important tourist attractions are the Zen Museum and Grenada Gardens Bay

  • Capital : St. George’s
  • Currency : East Caribbean dollar
  • Official language : English language
  • Airport : Maurice Bishop International
  Grenada  Minimum Investment
Minimum Investment
$ 150,000 USD
 Grenada  Number of countries that allow visa-free travel
Number of countries that allow visa-free travel
149 Countries
 Grenada  Global Passport Rank
Global Passport Rank
32nd
 Grenada  Residency
Residency
No residency requirement
 Grenada  Taxation
Taxation
No taxes on foreign income or inheritance tax
 Grenada  Processing Time
Duration
4 - 8 Months

Grenada Citizenship and Passport

Grenada grants the citizenship program and a second passport to all interested investors and entrepreneurs. It allows you to travel around the world without any prior visa.

 

Why do you need to get a second citizenship and passport from other countries?

  • Visa-free travel to 149 countries.
  • You won’t have to give up your original nationality
  • There are no taxes when investing in foreign projects.
  • Nationality and passport for the whole family.
  • Securing the future of your children and providing them with the finest medical services and educational opportunities from the best universities in the world.
  • With a Grenada passport, you are a citizen wherever you are going.

 

The processing time of the application, the official approval of the citizenship application and the second passport depend on these factors:

  • Program Type
  • Current Nationality
  • The nature of your business
  •  Place of residence within the last 10 years

How will you get Grenada citizenship and passport?

Grenada citizenship and passport are obtained through one of the investment programs available at the Presidency of the Unit in Grenada and responsible for citizenship programs, which are as follows,

  • Contribution to the Government Economic Fund
  • Real Estate Investment

Contribution to the Government Economic Fund:

It is a direct non-refundable donation to the Government Development Fund, which contributes to the construction and development of government projects and state facilities with a value starting from 150,000 US dollars.

Real Estate Investment Program in Grenada:

  • 4 or 5 star hotels.
  • Investment value: 220,000 USD.
  • Is there a return on investment? Yes, terms and conditions apply.
  • Duration of holding the share: five years then you have the right to dispose of it.

Would you like to get a Grenada passport? Would you like to know the stages of your application process?

  • Fill out the official application at our offices or remotely with the help of our private advisor,
  • Start by compiling the required papers for you and your family and then we translate and certify them in the official departments. This process will take up to 3-4 weeks,
  • You must pay the first stage of non-refundable professional fees (terms and conditions apply)
  • The application is sent to the Head of the Second Citizenship by Investment in Grenada unit, the application is received by them, and then the next stage is the security check.
  • Security: The Czech security phase begins with the verification of the source of wealth and the criminal record of the client by the competent authorities, and this stage may also take about 3-4 weeks, and includes non-refundable security check fees.
  • A virtual interview is conducted for the applicant and the persons added to the application aged 17 years and above
  • Official approval from the Government of Grenada regarding your application for second citizenship and passport.
  • An official letter is received to our offices stating the approval and delivered to the customer. At this stage, the investment amount is transferred to the Government of Grenada, in order to obtain a citizenship certificate and passport.

Age Eligibility:

  • Dependent children must be from 0 to under 30 years old.
  • Added siblings are 18+ years old and older and must be unmarried and dependent on the main applicant for living
  • The age of the parents added in the application for the husband or wife is not less than 55 years and in the case of less than 55 years of age, an additional fee is paid to the government.
Grenadapassport visa free country list 2024

Frequently Asked Question

  • What are the stages of submitting your application?

    Fill out the official application in our offices or remotely, with the help of your own advisor,
    start compiling the required documents for you and your family and then we will translate and certify them with the official departments.

    This stage takes 3-4 weeks

    A small fee “office fees” is paid and is refundable provided that the application is not completed or withdrawn.

    The application is sent to the Presidency of the Citizenship and Passport Unit of Grenada and the application is received by them, and then the next stage is the security check.

    Security check: The security audit phase begins on the source of the wealth and the client’s criminal record with INTERPOL.

    This stage takes 3-4 months.

    Security check fees are attached to this stage and are non-refundable.

    Conducting a virtual interview for the applicant and the persons added to the application for those over 18 years old.
    The details of the interview are determined by sending an email to the applicant stating all the details.

    Official approval from the Government of Grenada for your application for second citizenship and passport.
    An official letter is received to our offices acknowledging the approval and it is delivered to the customer.
    At this stage, the investment amount is transferred to the Government of Grenada, in order to receive the citizenship certificate and passport.

  • Age Eligibilities of dependents ?

    0-30 years Children
    18 years and above Siblings
    55 years and above Parents

  • What is the minimum age of the main applicant?

    Must have completed a minimum of 18 years of age

  • What are the costs of obtaining a second Grenada citizenship?

    Costs start from USD 150,000 per person for the Direct Donation Investment Program to the Economic Fund and 220,000 USD for real estate investment

  • What investment programs are available to obtain second citizenship and passport?

    Direct donation to the Economic Development Fund
    Real Estate Investment

  • How many countries is a Grenada passport allowed to enter?

    149 countries around the world

  • Can I add my wife and children in the same application?

    Yes, you can add the wife and children up to the age of 30 years under certain conditions

  • Can I add my parents, grand parents and siblings also ?

    You can add parents aged 55 years and above and siblings aged 18 and above under certain conditions

  • Is it required to travel to Grenada and stay there in order to obtain citizenship?

    It is not required to travel to Grenada and physically reside there in order to apply for second citizenship and passport, you can apply through our offices or remotely wherever you reside

  • Is proficiency in English or French required?

    Proficiency in English or French is not required to accept your application

  • What are the conditions that must be met to apply for second citizenship and passport?

    – To own the amount of investment – The criminal record should be clean

    – Proof of the source of funds.
    – The main applicant must be 18 years of age or older

  • What is the order of the Grenada passport?

    Grenada passport world ranking is 32.