Grenada
Grenada is a 3-island state, comprising of Carriacou, Petite Martinique and Grenada. It is one of the four Windward Caribbean islands. Grenada is known as the island of spice owing to the many nutmeg plantations around the island. It has a rich mix of nationalities, including African, Swedish, German, Chinese and Indian to name a few. Grenada has always been a favorite tourist destination. Apart from the best sun-kissed Caribbean beaches with congenial climate, its mosaic of cultures will leave you in awe.
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Citizenship by Investment in Grenada
The Grenada Citizenship by Investment (CBI) programme was one of the newly launched programs amongst its fellow Caribbean economic citizenship schemes. The Grenadian passport has always been an attractive option amongst investors seeking to avail the benefits in having a dual citizenship. Grenada CBI is the only program that offers visa-free entry to China and has an E-2 Investor visa treaty with United States of America, enabling successful applicants to become a non-immigrant US visa holder. This gives them the opportunity to enter and work in the US. Grenadians can enjoy tax-free worldwide income and visa-free travel to over 140 countries. Learn more about Grenada’s second passport program including the:
Grenada CBI program invites applicants with a good character record and those able to invest in the economic growth of the nation. This citizenship program offers two main investment options. These include, making a non-refundable donation to Grenada’s National Transformation Fund (NTF) or invest in a government-approved real estate, which can be sold to another buyer after 5 years.
Benefits
Freedom of travel
Visa-free travel to 140+ countries, including Schengen Area, China & UK
Low tax regime
No income, inheritance or gift tax
E-2 Investor Visa
Only program that allows investors to establish a business & live in the US
Family reunification
Extend application to family members
Get Dual Citizenship
No interview, language or minimum stay required
Eligibility
Main applicant requirements
- 18+ years old
- Good health
- No criminal record
- Legal investment sources
Eligible dependents
- Spouse
- Children under 30 years old
- Dependent parents above 55 years old
Investment options
Invest In The National Transformation Fund
Make a non-refundable contribution of $150,000 (single applicant) or $200,000 (family of four) to the national transformation fund.
Invest in Real- Estate
Make an independent investment of $350,000 in a pre-approved property, OR a joint investment in a tourist accommodation (hotel, resort or villa) with an individual minimum of $220,000 and a total investment value of $440,000.
*Applicable to both investments options
*Only applicable to Real-Estate investments
H&O Immigration Services’ professional fees, official application forms, certification of citizenship and passport, courier & other disbursements are the other costs associated. A detailed quotation with no hidden costs will be provided.
Process & Timeline
All Grenada citizenship applications are submitted to the nation’s Citizenship by Investment Committee (CBIC) for assessment. The entire process is handled by an Authorized International Marketing Agent, who have the necessary qualifications to coordinate with the Authorized Local Agent. The approval by the CBIC body takes between 60 and 90 days, after which the investment needs to be transferred. Applicants are not allowed to interact with the Authorized Local Agents directly.
Step 1
Choose authorized agents
Step 2
Chose your Investment option and pay H&O service fee
Step 3
Documents submission to CBIC
Step 4
CBIC will assess your application & conduct due diligence
Step 5
Receive ‘Approval in Principle’
Step 6
Make Investment in Real Estate or National Transformation Fund
Step 7
Receive Certificate of Naturalization and obtain Grenadian Passport
