Grenada
Facts About Country
Known as the Spice Island due to large variety of locally-grown spices, Grenada offers a beautiful island with one of the most picturesque waterfronts in the Caribbean. Its three main islands boast great diving, sailing, and dining opportunities for tourists and locals alike, and its calendar of festivities are an attraction to high net worth investors.
Advantages of Citizenship
-Visa-free access to 143 countries including the Schengen area, the UK, Singapore, China, and Hong Kong
-The only Caribbean citizenship-by-investment country which has visa-free access to China
-The only Caribbean country with a citizenship-by-investment program which holds an E-2 Investor
-Visa Treaty with the USA, allowing citizens to be eligible to apply for a non-immigrant visa
-Citizenship may be passed down to future generations without restriction
-Siblings of the main applicant who are unmarried and without children can also be included in the application
-No financial dependency is required for parents and grandparents
-Fast and efficient application process of approximately three months from submission with no visit required
Qualifications
-Be of outstanding character.
-Hold no criminal record.
-Have excellent health.
-Have a high personal net worth.
Click here for a comparison chart of all the available countries:
Requirements/ Obligations
National Transformation Fund (NTF):
A minimum non-refundable contribution to the NTF of USD 150,000 for a single applicant and USD 200,000 for a family of up to four members.
Real Estate:
To acquire property from a government real estate project for a minimum of USD 350,000. The real estate must be held for a minimum of three years.
Dependent Sibling:
To acquire Grenadian citizenship for a dependent sibling of the main applicant or spouse for USD 75,000.
Other Information:
-Under the real estate option, there is an additional flat government fee of USD 50,000 for the main applicant and up to three dependents.
-For both the NTF and real estate option, an additional USD 25,000 is required for each dependent after the third.
-Due diligence fees are USD 5,000 per applicant aged 17 and over.
-Government processing fees are USD 500 for each person aged 16 and under, and USD 1,500 for the main applicant and dependents aged 16 and above.
-Government application fees and passport fees totaling USD 1,750 per applicant.
Options/Process
Options:
-Real Estate Investment
Mount Cinnamon
-National Transformation Fund Donation
Process Steps:
-Application pack is sent and completed.
-An answer is generally provided within 90 days.
-Passports for successful applicants will be sent within 10 days