Grenada
Citizenship by Investment

$150,000
$220,000
9 - 12 months
138

Grenada is an island nation in the Caribbean that enjoys warm tropical climates with mild rainfall and moderate temperatures. Citizens are referred to Grenadian(s). Grenada became the first Windward and Leeward Island to gain sovereignty on February 7th, 1974.

With its unspoiled landscapes, Grenada is perfectly balanced, appealing to the interest of adventure lovers, beach dwellers, or couples looking for a romantic destination. On the picturesque and petite island, you can go for a swim in crystal clear waters to trekking through the rainforest within a day. Grenadians are some of the friendliest people in the Caribbean known for their vibrant culture and hospitality.

The Grenadian Parliament passed Act No. 15 in 2013, otherwise referred to as the ‘Grenada Citizenship by Investment Act, 2013.’ The stated objective of the Act is to “enable persons to acquire permanent residence and citizenship of Grenada by registration following investment in Grenada”.

Grenada is an island nation in the Caribbean that enjoys warm tropical climates with mild rainfall and moderate temperatures. Citizens are referred to Grenadian(s). Grenada became the first Windward and Leeward Island to gain sovereignty on February 7th, 1974.

With its unspoiled landscapes, Grenada is perfectly balanced, appealing to the interest of adventure lovers, beach dwellers, or couples looking for a romantic destination. On the picturesque and petite island, you can go for a swim in crystal clear waters to trekking through the rainforest within a day. Grenadians are some of the friendliest people in the Caribbean known for their vibrant culture and hospitality.

The Grenadian Parliament passed Act No. 15 in 2013, otherwise referred to as the ‘Grenada Citizenship by Investment Act, 2013.’ The stated objective of the Act is to “enable persons to acquire permanent residence and citizenship of Grenada by registration following investment in Grenada”.

Quick Facts

Population

>120,000

Capital

St. Georges

Currency

East Caribbean
Dollars/US Dollars

Total Area

344km2

Visa Free Countries

138

Language

English

Grenada Passport Benefits

Becoming a Grenada citizen will open new opportunities to the investor and transform their lives.

Change for Future Generations

Include your extended family, i.e. parents, grandparents, and unmarried dependent siblings in your application. You will pass on the citizenship by descent to future generations.

Optimize Your Tax Savings

As a Grenada citizen, you do not have to pay tax on global income, inheritance, capital gains, or stamp duty. Additionally, the country has 0% tax on dividends, interest, and royalties globally.

Travel to the UK and Schengen Area Visa Free

Visa free or visa on arrival to 135+ countries across the world including the United Kingdom and Schengen Zone Countries.

Global Business Opportunities
Unlock Global Business Opportunities

Business registrations in the country are fairly easy for a Grenada passport holder. Beneficial owners enjoy a high degree of privacy as their details do not have to be entered into the official commercial register. 

10-year visitor visa to U.S.

As a citizen, you can easily apply for a 10-year B1/B2 visitor visa to the United States. Visa holders can spend up to 180 days per year in the US for healthcare, travel, or business meetings.

E-2 Visa to the United States

Citizens through the Grenada Citizenship by Investment program can qualify for an E-2 Visa to the United States after a 3-year domicile in Grenada.

Why Grenada

Despite its small size, Grenada boasts beautiful landscapes and many opportunities to find relaxation and calm. The island is perfect for investors looking to establish a global presence for their business for great tax advantages while working outside of the country.

Investment Options & Other Fees*

Grenada offers a range of options for its citizenship by investment program. While the investment required is higher than other Caribbean islands, the benefits of a citizenship can be manifold for investors. Our advisors will gladly provide you with guidance to help you choose the right investment option for you and your family.

*Please note that the below prices are not inclusive of miscellaneous government fees and a legal management fee calculated on a case-by-case basis. Prices are subject to change based on government regulations. Please contact one of our advisors for a personalized quote.

Option 1

National Transformation Fund $150,000+

Contributing to the National Transformation Fund is the cheapest option to obtain a Grenada passport. The contribution is non-refundable.

Single
Investor
Married
Couple
Family
Up to 4
Family
of 5 or more

Fund Contribution (Payable upon grant of approval in principle)

$150,000

$200,000

$200,000

$200,000
+$25 000 for each parent over 55 years old or a young dependent starting with the 5th

Processing Fees (Payable upon grant of approval in principle)

$5,000

$10,000

$5,000 per applicant over 17 years old $500 per applicant under 16 years

$5,000 per applicant over 17 years old $500 per applicant under 16 years

Due Diligence Fees (Payable upon submission of application)

$5,000

$10,000

$5,000 per applicant over 17 years old

$5,000 per applicant over 17 years old

Application Fees (Payable upon submission of application)

$1,500

$3,000

$1,500 per applicant

$1,500 per applicant

Option 2

Real Estate Investment $220,000+

For this option, an investor must purchase shares in a government-approved project. The investment increases to $350,000 if the investor wishes to purchase a different property that is not state-approved. The property may be resold after 5 years of receiving their citizenship for a return on the initial investment.

Single
Investor
Married
Couple
Family
Up to 4
Family
of 5 or more

Fund Contribution (Payable upon grant of approval in principle)

$220,000

$220,000

$220,000

$220,000

Government Fee (Payable upon grant of approval in principle)

$50,000

$50,000

$50,000

$50,000
+$25 000 for each parent over 55 years old or a young dependent starting with the 5th +$50,000 per parent under 55 years old +$75,000 per sibling

Processing Fees (Payable upon submission of application)

$5,000

$10,000

$5,000 per applicant over 17 years old $500 per applicant under 16 years old

$5,000 per applicant over 17 years old $500 per applicant under 16 years old

Due Diligence Fees (Payable on submission of application)

$5,000

$10,000

$5,000 per applicant over 17 years old

$5,000 per applicant over 17 years old

Application Fees (Payable upon submission of application

$1,500

$3,000

$1,500 per applicant

$1,500 per applicant

Eligibility Criteria

In order to qualify to apply for a Grenada citizenship, applicants must have: 

  • Clean Criminal Record 
  • Valid Passport (with a minimum validity of six months) 
  • National Identity documents from Country of Birth or Country of Residence 
  • Birth Certificates 
  • Additional Documentation including CVs, Education, and Work History
  • Valid Proof of Address 

 

Grenada allows applicants to include their close family members as dependents on their Citizenship application. All family members receive their Citizenship Certificates and Passports together.

Eligible Dependents that you can include in an application are: 

  • A spouse of the primary applicant
  • A child of the primary applicant or spouse that is younger than 18 years of age
  • A child of the primary applicant or spouse, fully supported by his or her parents, that is between 18 and 30 years of age 
  • Parents or grandparents of the primary applicant or spouse, living with and fully supported by the primary applicant, that are above the age of 55 
  • Citizenship can also be passed onto future generations
  • Siblings of any age who are unmarried and financially dependent on the main applicant

Restrictions: All Nationalities are eligible to apply for Citizenship in Grenada except Citizens of Russia and Belarus.

The Process

Free Consultation
(30-60 minutes)
Book a free consultation with one of our client advisors to discuss if investing in a Grenada passport suits your goals.
Vancis Capital’s Due
Diligence (1 day)
Prior to signing any paperwork, our due diligence team will evaluate your eligibility for the program, for which we will require a scanned copy of your passport’s bio page, and a filled KYC document. Our onboarding process will be completed in less than one working day, and If there are no issues, we will send you a client engagement letter.
Preparing your
Application (2-4 weeks)
Our experienced processing team will work with you to collect all the necessary documents for your application. All of our clients receive comprehensive service and support to obtain documents necessary. Our team will fill out and review all forms prior to your signature.
Government Due Diligence
(3 months or more)
Our team submits the completed application and documents to Grenada’s’ CBIU after we receive your payment for the due diligence and legal management fees. The Grenada Government will then begin its due diligence checks on all adult applicants. The CBIU usually responds with its findings and approval in 120 - 180 working days (varies depending on volume of applications at the CBIU).
The Final Investment
(up to 90 days)
After our team receives the approval from the Government, we will request you to make the final payment towards your chosen investment or contribution option. This requirement usually has to be fulfilled within 90 days of receiving the approval.
Receive your Second
Citizenship (2-6 weeks)
Your new passport and citizenship certificate will reach our office approximately 30 days after the final payment. From there, you can either collect your passport in one of our offices or choose to have them couriered to your registered address.

Take charge of your future with our expert advisors

Get in touch to discuss how we can help you with your citizenship or residency by investment goals. One of our investment migration experts will contact you to discuss your case. With over 16 years of combined experience our team has helped hundreds of families achieve freedom.