Grenada
Citizenship by Investment
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.
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)
Vancis Capital’s Due
Diligence (1 day)
Preparing your
Application (2-4 weeks)
Government Due Diligence
(3 months or more)
The Final Investment
(up to 90 days)
Receive your Second
Citizenship (2-6 weeks)
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.