Grenada Citizenship
Grenada offers one of the most robust citizenship by investment programs in the
Caribbean. Not only does it permit visa-free entry to China, but a Grenada
passport holder can also reside and operate a business in the USA. The Grenada
Citizenship by investment program offers visa-free access to major business hubs
across the world, including China, Singapore, Russia, Schengen Zone and the UK.
Secondly, Grenada does permit dual citizenship and also does not impose
restrictions on any particular nationality. Citizenship hopefuls can either opt to
make a non-refundable contribution to the NTF or make an investment in a
government-approved real estate project within the country.
Grenada has many reasons to be a favourite among high net-worth individuals
beside tourist attractions. Having restructured, redeveloped, and re-launched its
Citizenship by Investment Programme in 2013, Grenada has become a popular
option particularly among those with larger families.
Grenada currently has in place an E-2 Investor Visa Treaty with the US, which enables Grenadians to work and reside in the US without any restrictions. Listed are some of the other significant advantages of becoming a Grenada national.
Applicants are not required to be physically present in the country during the time of application.
Dual citizenship is permitted within the country.
Individuals that acquire Grenadian citizenship by investment are not required to live in the country and can remain in their own country of residence.
Grenada does not levy global income tax from non-residents.
No language or interview requirements.
Citizenship rights can be passed on to future generations.
A Grenadian passport is valid for five years and can be renewed thereafter.
Visa-free travel to more than 140 countries and territories.
The option to apply as an investor under the United States’ exclusive E-2 Visa Programme.
Under the Grenada Citizenship by Investment Program, applicants can pursue two routes to attain a passport from the country.
NTF = The National Transformation Fund was established in 2013 to help improve the country’s economy. Donating to the NTF is not only the fastest route to acquire Grenadian citizenship, but it also the most affordable of the two available options. A single applicant must make a non-refundable contribution of USD 150,000. The required donation increases based on the number of dependents. Real Estate = The applicant must purchase a real estate property in the country that is worth at least USD 220,000. The property can be put on sale after five years from the initial date of purchase. Applicants are required to pay additional government fees (subject to change based on the dependents) for the approval of their application.