- +97144308028
- Emaar Business Park, Dubai
- Monday - Friday | 9:00 - 18:00
- +97144308028
- Emaar Business Park, Dubai
- Monday - Friday | 9:00 - 18:00
Grenada
Program and Benefits of Grenada Citizenship By Investment
The Grenada Citizenship by Investment Program was established in accordance with Act No. 15 of 2013, known as the Grenada Citizenship by Investment Act. The act constitutes that qualified persons can acquire Grenadian citizenship by registration following a financial investment in Grenada. Investment criteria were set as part of this Citizenship by Investment Act.
Grenada passport by investment and citizenship are granted to qualified applicants within 3 to 4 months with no residency requirements, making it one of the fastest citizenship programs in the world. Once the applicant is granted their Grenada passport by investment and citizenship, she or he becomes a citizen for life.
Grenada Program Requirements
To obtain Grenada citizenship and passport through investment, applicants must undergo strict due diligence checks, including mandatory interviews for primary applicants and all dependents aged 16 and above. The investment must be made in one of the following options:
– A non-refundable contribution to the National Transformation Fund (NTF).
– Purchase of real estate in a government-approved project.
Benefits of Grenada Passport by Investment
Citizenship Is Granted for Life and Is Irrevocable
No Tax Obligation for Non-Residents
Visa-Free Travel to 147 Countries, Including the Schengen Area and China
Dual Citizenship is Allowed in Grenada
Fast Process Between 4 to 5 Months
No Residency Requirement
Steps and Timeline
Step 1: Prequalification of the primary applicant.
Step 2: Citizenship Bay and the client enter into a service agreement.
Step 3: Advice and assistance are provided to the client with the preparation of documents and government forms.
Step 4: The applicant’s file will be complete at this stage, and due diligence fees and government application fees will be due.
Step 5: The applicant is then required to transfer the applicable investment amount for the selected option into an approved escrow account in Grenada.
Step 6: Citizenship Bay will submit a complete application to the government of Grenada on behalf of the applicant.
Step 8: Government issues the naturalization certificate/s.
Step 9: Grenada passport applications are submitted, and passports will be issued within 1 week.
Step 10:Passports and naturalization certificates are delivered to the client. Balance of fees will be due.
FAQs
Grenada Citizenship by Investment (CBI) program is a government-supported scheme that allows eligible investors and their families to acquire citizenship and a second passport by making qualifying financial contributions or investments in the country’s economy. Citizenship in Grenada is granted for a lifetime and cannot be revoked, and dual citizenship is permitted.
The official website for the Grenada Citizenship by Investment Program is the Investment Migration Agency (IMA) Grenada https://imagrenada.gd/.
In addition to the main applicant, the following family members can typically be included: - Spouse - Children under 18 years old - Dependent children aged 18–25 who are financially dependent and in full-time education - Dependent parents or grandparents (usually over 55)
Citizenship is permanent and can be passed on to future generations. Grenada permits dual and multiple citizenships.
A Grenada passport through the Grenada Citizenship by Investment Program requires a minimum contribution of $235,000 to the National Transformation Fund for a single applicant. Alternatively, applicants can invest at least $270,000 in government-approved real estate projects. The total cost also includes additional application, processing, and due diligence fees.
The Citizenship by Investment program allows you to get a Grenada passport in exchange for a minimum investment of $235,000 in the National Transformation Fund or a $270,000 in real estate. Applicants must be over 18, have a clean criminal record, be in good health and have a clean source of funds.
Most applications under the Grenada Citizenship by Investment Program are processed within 6 to 8 months from the date a complete application is submitted. The timeline depends on the clarity of the documents, the explanation of the source of funds, and whether any additional questions arise during the review process.
Once your application is approved under the Grenada Citizenship by Investment Program, you will be granted citizenship. You can then apply for your Grenada passport as official proof of your newly acquired citizenship.
Grenada passport is considered one of the top passports globally, holding the 27th position in rankings. It enables passport holders to travel without restrictions to 147 nations and territories across the globe, including the Schengen zone, the United Kingdom, China, Singapore, and Hong Kong.
Grenada ranked 27th globally, allowing visa-free or visa-on-arrival travel to 147 countries.
The Grenada passport allows holders to travel freely to 147 nations worldwide, including the Schengen area, the UK, China, Singapore, and Hong Kong. Check the full list here.
The Grenada citizenship program requires applicants to pay government and due diligence fees, which are separate from the main investment amount and vary according to the chosen investment option and the number of dependents included.
While the United States is not on Grenada’s visa-free list, Grenadian citizens can apply for long-term, multiple-entry visitor visas valid for up to ten years. Grenada is the only Caribbean country with an E-2 treaty with the U.S., allowing its citizens to apply for a non-immigrant E-2 visa and live in the U.S. if they meet the required investment and residency criteria.
Yes, the laws of Grenada recognize and allow dual citizenship, and you are not required to renounce your other citizenships.