Grenada Citizenship by Investment

The Grenada citizenship by investment (CBI) program that existed from 1997 to 2001 was reinstated in 2013 and has been very popular in the last few years. Grenada’s economic citizenship has been viewed as the best to have from the Caribbean as it offers visa-free travel to Europe’s Schengen zone for 90 days in a 180-day period and is the only Caribbean nation whose passport provides visa-free travel to China. One of its other great advantages is the ability of Grenadian nationals to apply for the US E-2 investor treaty visa, enabling the opportunity to work and invest in the U.S.

The latest amendments have made the program more competitive by allowing parents and grandparents of applicants of any age to qualify as dependents. Children up to the age of 30 years old also qualify as dependents. The investment amount for donation was also reduced. The total application process is estimated at between 3 to 4 months until receipt of the passport.

As an applicant you will need to choose between donating cash to the government or buying a government-approved real estate property and holding it for a length of at least 3 years.

Learn more about the Grenada Citizenship by Investment program

NTF Contribution

NTF DONATION	Individual Applicant	Main Applicant + Spouse	Family of four family members	Family over four family members
Required Contribution Amount	USD 150,000	USD 200,000	USD 200,000	USD 200,000 plus USD 25,000 per additional dependant after the third dependant
Application Fee	USD 1,500	USD 1,500 per person	USD 1,500 per person	USD 1,500 per person
Due Diligence Fee	USD 5,000	USD 5,000 per person	* Dependent child  0  – 16     nil                            * Dependent child  17  – 25    USD 5,000
Processing Fee	USD 1,500	USD 1,500 per person	USD 1,500 per person aged 18 and over, USD 500 for persons under 18	USD 1,500 per person aged 18 and over, USD 500 for persons under 18

 

Real Estate option

REAL STATE OPTION	Single Applicant	Main Applicant + Spouse	Family of four family members	Family over four family members
Required Contribution Amount	USD 350,000	USD 350,000	USD 350,000	USD 350,000
Government Fee	USD 50,000	USD 50,000	USD 50,000	USD 50,000 and USD 25,000 per additional dependant after the third dependant
Application Fee	USD 1,500	USD 1,500 per person	USD 1,500 per person	USD 1,500 per person
Due Diligence Fee	USD 5,000	USD 5,000 per person	* Dependent child  0  – 16     nil                            * Dependent child  17  – 25    USD 5,000
Processing Fee	USD 1,500	USD 1,500 per person	USD 1,500 per person aged 18 and over, USD 500 for persons under 18	USD 1,500 per person aged 18 and over, USD 500 for persons under 18

You can visit the government website for more information.

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