Grenada Citizenship by Investment

Citizenship by Investment Program

Minimum Investment
$ 150,000
Processing time
3-6 months
Return on Investment
5 years

Initiated in the year 2013, the citizenship program of the country is operational under the Grenada Citizenship by Investment Act No. 15/2013. With no requirement to stay, and guaranteed data privacy, it is an important opportunity for businessmen and entrepreneurs who are looking to travel for the promotion of their businesses and are looking for better healthcare, and academic opportunities as well as cultural and technological exposure.

Global Citizenship Solution (GCS) has a team of professionals working round the clock to provide you a detailed assessment of investment options for Grenada, based on the client’s resources and requirements. The client is facilitated throughout the process of acquisition of passport, and the team makes sure that each and every process is completed keeping the legalities in mind.

Salient Benefits of the Program

1

Visa-free travel

holders of Grenada passport can travel to 142 countries including the Schengen countries freely and can either obtain vise on arrival or online as well.

2

Minimal Physical Presence Required

to acquire the second citizenship of Grenada, the applicant is not required to stay in the country or even visit it, if the applicant so desires.

3

Return on Investment

During five years the investors have to hold the investment, they are facilitated with the returns on the invested amounts in real-estate in form of rent. In addition, the property can be sold once the designated period has passed.

4

US B1/B2 Visa

Through the tourist visa for US, the passport holder can get access for a 10-year period during which time they can stay in the US for six-months each year, for a wide array of reasons including tourism, business and medical treatments.

5

Tax Optimization

Residents of Grenada are exempted from paying taxes on salaries, capital gains, inheritance or stamp duty. As well as no taxes on global income, dividends, interest or royalties received from other countries.

6

Entrepreneurial Opportunities

Registration of company in Grenada saves the investor from currency control restrictions during transactions with foreign partners.

7

E-2 business visa to USA

Grenada passport holders qualify for E-2 business visa to USA which allows them to establish business in USA with minimum investment of $100,000 and can live and work there.

142 Visa-free Countries for Grenada Passport

    Asia

  • China
  • Japan
  • Singapore
  • South Korea
  • + 12 countries

    Africa

  • Kenya
  • Madagascar
  • Seychelles
  • Tanzania
  • + 18 countries

    Europe

  • Ireland
  • Kosovo
  • Russia

    Oceania

  • Kiribati
  • Micronesia
  • New Caledonia
  • Niue
  • + 10 countries

    North America

  • Bahamas
  • Barbados
  • Caymans
  • Haiti
  • + 27 countries

    South America

  • Aruba
  • Brazil
  • Colombia
  • Peru
  • + 8 countries

Investment Options

Option 1

Non-Refundable Contribution - $150,000

Donations are made to the National Transformation Fund by investors. The money from the fund is used by the Grenada government for things like healthcare, education, tourism, culture, and renewable energy. The donation has no cash value and is non-refundable.

Investor Married Couple Family of 4 excluding siblings Family of 5 or more people
Contribution to the Fund $150,000 $200,000 $200,000 $200,000

+$25,000 per parent over 55 or child starting from fifth member

+$50,000 per parent under 55

+$75,000 per sibling

Due Diligence $5,000 $10,000 $5,000 per family member over 17 years old $5,000 per family member over 17 years old
Other Fees $3,270 $6,540 $11,080+ $15,620+

Option 2

Real Estate Purchase - $220,000+

The property can be sold after five years of holding period.

Investor Married Couple Family of 4 excluding siblings Family of 5 or more people
Contribution to the Fund $220,000 $220,000 $220,000 $220,000 $220,000
State Fee $50,000 $50,000 $50,000 $50,000

+$25,000 per parent over 55 or child starting from fifth member

+$50,000 per parent under 55

+$75,000 per sibling

Other Fees $3,270 $6,540 $11,080+ $15,620+

Grenada Document List

For your convenience, the following forms are referred to as:

  • Form C1: Application for Citizenship;
  • Form C2: Photograph and Signature Certificate;
  • Form C3: Medical Certificate with the original HIV test results (HIV test is required for all persons applying for citizenship including children over 12 years). Note: The results of the HIV test cannot be more than three months old.

Forms of Economic Diversification Fund

  • Escrow/Investment Confirmation Agreement (Form C4)

Forms for real estate

  • A fully executed Purchase and Sales Agreement (Approved Real Estate Investment Option)

Documents that must be submitted:

  • Forms C1, C2, AND C3 completed
  • A certified copy of the birth certificate or the original extract from the complete birth record.
  • Certified copy of the name-change documentation (Deed Polls or jurisdictional equivalent, if applicable)
  • A certified copy of the most recent national identification card (children under the age of 16 are exempted)
  • Certified copies of any current passports that include the holder's name, photo, citizenship or nationality, date and location of issue, passport number, and nation of issuance.
  • HIV test results must be more than three months old (children under the age of 12 are exempted)
  • Police clearance certificate or "certificate of no criminal record" from your place of citizenship and any other nation you have been in for more than a year over the previous ten years (children under the age of 16 are exempted)
  • 6 recent 35 x 45mm images, taken within the last six (6) months (N.B. one of the photographs must be certified and attached to the C2 form)

Additional information required from the principal applicant includes:

  • At least one authentic professional reference that is no more than six months old, such as one from an official accountant, lawyer, notary public, or other professional of comparable standing.
  • Bank statements going back a year from the application filing date
  • At least one original bank reference letter that is no more than six months old and was written by a bank with worldwide recognition.
  • Exemption from military service or a certified copy of military records (if applicable)
  • 1 original document serving as proof of residence (e.g. certified copy of a recent utility bill or bank statement showing full name and address)
  • Job letter(s) detailing employment history, title held, and compensation received • Certified copy of business license or incorporation documentation
  • 1 original excerpt from the marriage record or, if appropriate, 1 certified copy of the marriage certificate(s) (i.e. if married persons apply together).
  • Certified copies of the divorce papers (if applicable).
  • A declaration and proof of the source of the money to be invested in Grenada
  • Financial Support Affidavit for Applicants Between the Ages of 18 and 30
  • Certified copies of academic credentials (if applicable)
  • Limitation of Power of Attorney

Who may obtain Grenada citizenship?

    • Above the age of 18
    • No criminal history or charges
    • No Serious Injury or illness
    • With legal income
    • No criminal history or charges
    • Fully financially dependent on investor or on their spouse
    • Fully financially dependent on the investor for support
    • Under 18 years
    • Unmarried
    • No children

Real estate under the Grenada citizenship by investment program

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Grenada Citizenship by Investment Application Process

  • Global Citizenship Solution conducts its own preliminary due diligence check to identify the rejection risks and find a solution in advance by only obtaining the passport of the client.

    The investor can take the due diligence test to check his chances for the citizenship. The investor can go to the Due Diligence Test and assess himself.

  • Our professional team will assess the client from the two investment options available with all the pros and cons of the available options and will give a brief overview of the Grenada real estate market.

  • We will assess you in the donation program or either picking minimum of $220,000 worth of properties from the vast variety of exclusive projects which best suits the client’s investment and lifestyle needs.

  • The investor will provide all the required documents which are necessary for the citizenship and the application will be submitted.

  • Grenada CBI section receives the completed documentation from the attorneys. An investigation starts after the applicant has paid the due diligence charge. Every family member who is older than 16 must go through a due diligence check.

  • Global Citizenship Solution is informed by the CBI unit of the investor's application's outcome. Within 90 days of receiving approval, the investor completes the investment requirement by making a contribution to the state fund or purchasing real estate.

  • Following the fulfilment of the investment requirement, a passport and a certificate of naturalization are issued in 4 weeks.

Answers to frequently asked questions

  • No one guarantees that you will obtain citizenship by investment. Global Citizenship Solution has a Compliance Department which conducts preliminary due diligence check of the applicants to identify the rejection risk and find best solution to overcome with that risk. Due to this most of our clients successfully pass the Due Diligence and get citizenship.

  • Under the Grenada scheme, investors may recover their investment 5 years later, they can sell a stock or piece of real estate. Throughout their whole ownership time, they accrue rental income. The investor typically earns 5-8% annually.

  • The applicant pays government fees, costs for legal services and document shipping.

    The government fees include:

    • $5,000 - due diligence per family member 17+
    • $1,500 - application fee per family member
    • $1,500 - application processing fee per family member 18+
    • $500 - application processing fee per family member under 18
    • $250 - passport fee per applicant
    • $20 - oath fee per applicant

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Let's talk about further Information

Set up a meeting online or in one of the offices. A lawyer will assess the case, estimate the cost, and work with you to develop a solution that meets your objectives.