Grenada
Grenada Citizenship by Investment 2023
Famous as the “Spice Isle”, Grenada is a tropical island country nestled in the Caribbean Sea, which comprises the main island, surrounded by many smaller ones.
The island is also known for colorful Georgian buildings as well as an early 18th-century Fort George overseeing the Carenage Harbour. Grenada got freedom from British rule in the year 1974 and ever since then has been an integral part of the British Commonwealth.
Given the natural beauty, Grenada attracts a lot of tourists thus making tourism one of the strongest pillars of the country’s economy.
However, Grenada’s economy is also supported greatly by its spice production. The country majorly exports mace and nutmeg. In fact, Grenada is the second-largest nutmeg producer in the world, after Indonesia.
It was in 2013 that the Grenada Citizenship by Investment Program was relaunched. It was done with the aim of driving the economy further.
BENEFITS OF GRENADA CITIZENSHIP
- Quick application process, get citizenship in 3 months
- Visa-free and Visa on Arrival to 144 plus countries including the UK & Schengen Area
- Only Caribbean citizenship by investment program to have E-2 Investor Visa Treaty with the USA, thus allowing Grenada citizens eligible to apply for a non-immigrant visa
- Dual citizenship is permissible
- You can transfer the citizenship to new spouses and future generations
- No physical stay is required in the country
- No requirement for any management experience/educational experience
- No travel to Grenada is required when the application is being processed
- You can include dependent children under the age of 25, along with parents and grandparents under the age of 55
- No tax on Worldwide Income
HOW TO INVEST FOR GRENADA CITIZENSHIP?
- Make a donation to the Government National Transformation Fund of Grenada
- You can also make a real estate investment of USD 350,000. You can even co-own a single unit with a minimum of one extra main applicant. Each main applicant needs to pay the least purchase price of USD 220,000
ELIGIBILITY CRITERIA
- Applicants must be 18 years of age or older
- Should have excellent health
- No criminal record
- Dependent kids must be under 30
- Must clear all due diligence checks
