Grenada is an island country consisting of Grenada itself and six smaller islands at the southern end of the Gredalines in the southeastern Caribbean Sea.
Few Words About Grenada
It is renowned as the ‘Spice Isle’, since is one of the most beautiful and lush islands in the West Indies.
Grenada’s is characterized by an unspoiled and exotic beauty thus dramatic scenery with tropical rain forests, waterfalls and golden beaches.
Advantages
- Dual citizenship privilege
- Estimated time 3 – 4 months
- Stable and established investment environment
- Visa – free regime to over 120 countries, including the United Kingdom, EU, Schengen Zone, China , Singapore etc.
- Option to apply for an E-2 visa to the United State
- Grenada has no foreign income, wealth, gift, inheritance, capital gains or worldwide income tax.
- No restriction on the repatriation of profits and imported capital.
- Inclusion of dependent children under 25 years old or dependent grandparents above 65 years old.
- No Interview requirements
- No requirement to reside in Grenada before, during or after Citizenship is granted
- Right to live and work in Grenada
- Grenadian citizenship can pass to future generations.
The Grenada citizenship by investment scheme offers two options for applying for their Citizenship by Investment program, through donation and real estate option.
The first option, which is always the cheapest, is through donation to government fund and the second option is through the Real Estate Investment on government pre – approved projects.
Grenada Citizenship By Investment Scheme
- Estimated Time
- Passport Fees
- Residence Requirements
- Visa – free Regime
- Interview
- Nationalities Control
- Passport Validity
- Taxes
- 3-4 months
- US$250 per person
- None
- Over 120 countries, incl. UK, EU, Schengen Zone, China, Singapore etc
- No
- Accepts all Nationalities
- 5 years
- No foreign income, wealth, inheritance tax, gift or capital gains tax.
| Official Entity Non Refundable Contribution | National Transformation Fund (NTF)
US$150.000 main applicant |
| Due Diligence | US$5.000 main applicant US$5.000 spouse US$5.000 for each dependant aged 17 – 25 US$5.000 elderly dependant parent of the main applicant over 65 years old |
| Processing Fees | US$1.500 aged 18 and over US$500 per applicant under 18 Application Fees US$1.500 per applicant |
| Investment in Property | Minimum Investment of US$350.000 on pre – approved real estate projects.
Holding Period: 4 Years |
| Due Diligence | US$5.000 main applicant US$5.000 spouse US$5.000 for each dependant aged 17 – 25 US$5.000 elderly dependant parent of the main applicant over 65 years old |
| Processing Fees | US$1.500 aged 18 and over US$500 per applicant under 18 Application Fees $1.500 per applicant |
Legal fees : Subject to discussion. Please contact us, in order to advice in connection to the various options and decide the most beneficial alternative for your investment.
- Please note that the Government has the right to alter or change any of the above mentioned procedures, criteria or fees, without prior notice, since all are granted under the sole discretion of the Government.
- In some cases, an enhanced due diligence may be required, depending on the citizenship the applicant holds and other personal circumstances.
- Additional transaction costs may also apply for the purchase of real estate. Fees are subject to change.