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Grenada Citizenship Program

Spice Island of the Caribbean Sea

Grenada Citizenship Program

Spice Island of the Caribbean Sea

About the Grenada Citizenship Program

Grenada Citizenship Program:

Grenada offers attractive citizenship by investment program, which allows successful applicants to travel visa-free to over 120 countries, including Western and Eastern Europe, Hong Kong,  Singapore, China, and to apply for the E-2 visa in the USA.

There are two investment options within the citizenship program: donation into the Government fund starting from $150,000, and property purchase starting from $220,000.

Grenadian citizenship can be granted in around three months.

It is not required to know the English language, have an interview or to visit Grenada before or after citizenship acquisition.

The whole process of citizenship acquisition is completely confidential.

Grenada:

Grenada is popularly known as the Spice Island of the Caribbean region, as one can find a whole variety of spices growing on this beautiful island.

Grenada is a member of the United Nations, Commonwealth of Nations, CARICOM, Organisation of American states, and many other international organisations.

 

 

Benefits of Grenada Citizenship

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Visa-free trips to more than 120 countries including the UK, EU and China. E-2 visa to the USA

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No requirement to visit Grenada at any point

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An attractive personal tax environment with no personal income tax, no wealth tax, no inheritance tax, or other direct taxes

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Ability to get Grenada passport in around 3 months

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Minimum investment $150,000

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Dual citizenship is permitted

Investment Options

The National Transformation Fund (NTF)

The National Transformation Fund was established in 2013. Its purpose is to improve Grenada’s economy by financing different projects of Grenada which benefit its various industries. Under this option, applicants must contribute from $150,000 to the fund.

 

Number of applicants Contribution Application fee Due diligence fee Processing fee
$150,000 $1,500 $5,000*  $1,500
$200,000 $1,500 per person $5,000 per person $1,500 per person
$200,000 $1,500 per person $5,000 per person 17 y.o. and over $1,500 per person 17 y.o. and over

$500 per dependant up to 16 y.o.

$200,000 for a family of 4 people
+ $25,000 each additional dependant
 $1,500 per person  $5,000 per person 17 y.o. and over $1,500 per person 17 y.o. and over

$500 per dependant up to 16 y.o.

* When the main applicant is married but the spouse is not included in the application, an additional $8,000 fee is applied.

** A parent/grandparent below 55 y.o. can be included in the application with an additional Government charge of $75,000.

*** Dependent sibling can be included in the application with an additional Government charge of $50,000.

**** Additional fees: legal service of GLS, passport fees, bank charges. Fees are subject to change.

Real Estate Investment

The Real Estate Investment option allows qualifying investors to purchase approved by the Government property in Grenada and obtain Grenadian citizenship in return.  The property must be in ownership of the investor for a minimum of 5 years. 

 

Number of applicants Minimum real estate investment Application fee Government Fee Due Diligence Fee Processing Fee
$220,000 $1,500 $50,000 $5,000 * $1,500
$220,000 $1,500 per person $50,000 $5,000 for the main applicant + $5,000 for the spouse $1,500 per person
$220,000 $1,500 per person $50,000 $10,000 for both spouses + $5,000 for each dependant over 17 y.o. $1,500 per person 17 y.o. and over

$500 per dependant up to 16 y.o.

$220,000 $1,500 per person $50,000 for a family of 4 people 
+ $25,000
each additional dependant
$10,000 for both spouses + $5,000 for each dependant over 17 y.o. $1,500 per person 17 y.o. and over

$500 per dependant up to 16 y.o.

* When the main applicant is married but the spouse is not included in the application, an additional $8,000 fee is applied.

** A parent/grandparent below 55 y.o. can be included in the application with an additional Government charge of $50,000.

*** Dependent sibling can be included in the application with an additional Government charge of $75,000.

**** Additional fees: legal service of GLS, passport fees, bank charges. Fees are subject to change.

Requirements

  • No previous criminal record
  • Be over 18 years old
  • Have a legitimate source of wealth
  • Good character
  • Have available the required investment funds
  • No outstanding visa denials in any visa free country with Grenadian passport

Who can be included in the citizenship application:

  • Spouse of the main applicant
  • Children under 30 years old
  • Dependent parents and grandparents of the main applicant and spouse
  • Siblings who are not married with no children

Stages of obtaining citizenship

  • Initial consultation

    Initial free consultation with one of the GLS experts

  • Program information and due diligence check

    Detailed fee schedule and a free of charge preliminary due diligence check

  • Client agreement and retainer fee payment

    Signing of the client agreement and payment of the retainer fee

  • Preparation of the documents

    GLS experts will assist you with the whole procedure of the documents’ preparation, including the translation, notarisation and apostille of the relevant documents. We will also recommend the best clinics for medical examination

  • Payment of the additional fees

    Payment of the remaining fee for the legal services of GLS and the government fees. If the Investment in Real Estate option has been selected, then also payment of the property deposit is required at this stage

  • Submission of the documents

    Submission of the documents to the Grenada Citizenship by investment Committee (CBIC)

  • Updates on the review of the application

    Regular updates on the news regarding the review of the application by the CBIC. Assistance in preparation of additional clarifications for the CBIC if required

  • Approval in Principle

    Grant of Approval in Principle from the CBIC

  • Payment of the remaining fees

    Payment of the overall donation fee or in case of the Real Estate Investment option, payment of the remaining property investment

  • You are a citizen!

    Grant of the Certificate of Naturalisation and subsequently application for passports and grant of St Kitts and Nevis passports. We will courier the passports or give them to you in person, depending on what is more convenient for you

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Grenada

Capital:
St. George's
Area:
348.5 km2
Population:
112,000 people
GDP:
$1.801 billion
Language:
English
Independence from Great Britain:
1974
Main islands:
Grenada & six smaller islands to the north

F.A.Q.

Is dual citizenship allowed with Grenada passport?
Yes, citizens of Grenada can have dual nationality.
Is it required to visit Grenada at any point during the preparation of the documents stage, or after the receipt of passports?
No, there is no such requirement.
Citizens of which countries cannot apply for Grenada citizenship?
As of 31 March 2023, citizens of Russia and Belarus cannot submit new applications for citizenship of Grenada.
What is the maximum number of dependants that can be included in the application?
Unlimited number of dependants can be included in the application.
Does Grenadian citizenship have a period of validity?
No, Grenadian citizenship is granted for life and can be even acquired by future generations.

Contact Us

GLS Private Office offers global lifestyle solutions to established business people and their families. GLS operates as a one-stop-shop and is a single point of contact for wealthy families with a global mindset. The company takes care of every need of its globally-minded clients: from obtaining a second citizenship/residence by investment to finding the best schools for children’s education, global property acquisition, succession planning and many more. Ancillary services provided by GLS are limited to the extent of a client wish. Anything that can be priced, qualified, and quantified, we are ready to research, negotiate and manage.

Contact us and we will get back to you as soon as possible

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