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Citizenship by
Investment in Grenada

Grenada, known as the “Spice Isle” of the Caribbean, offers a highly esteemed Citizenship by Investment (CBI) program. Celebrated for its lush landscapes, pristine beaches, and rich cultural heritage, Grenada presents a remarkable opportunity for individuals seeking to enhance their global mobility and secure a second citizenship. The Grenada CBI program is renowned for its flexibility, affordability, and comprehensive benefits, making it an attractive choice for high-net-worth individuals, families, entrepreneurs, and digital nomads.

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Why Choose Grenada?

  • Strategic Location: Situated in the southeastern Caribbean, Grenada boasts a favorable climate, stunning natural beauty, and a tranquil lifestyle. Its strategic location provides easy access to major international markets, making it an ideal hub for personal and professional endeavors.
  • Economic Stability: Grenada’s stable and growing economy, supported by sectors such as tourism, agriculture, and financial services, offers a secure environment for foreign investors. The government actively encourages foreign investment, providing a supportive framework for business growth and economic participation.
  • Reputation: Grenada’s CBI program is recognized for its transparency, reliability, and high success rate. Citizenship360 leverages this strong reputation to deliver trustworthy and effective services, ensuring a smooth and efficient application process for our clients.
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Benefits of Grenada Citizenship

  • Global Mobility: Holding a Grenada passport grants visa-free or visa-on-arrival access to over 140 countries, including the Schengen Area, the United Kingdom, and Hong Kong. This enhanced global mobility simplifies international travel, allowing you to explore new markets, attend global events, and visit loved ones without the hassle of extensive visa requirements.
  • Tax Advantages: Grenada offers a favorable tax regime with no personal income tax, wealth tax, inheritance tax, or capital gains tax. This tax-efficient environment allows you to optimize your financial planning and preserve your wealth. Additionally, businesses established in Grenada can benefit from various tax incentives, enhancing profitability and growth potential.
  • Quality of Life: Experience a superior quality of life with access to excellent healthcare, world-class education, and modern infrastructure. Grenada provides a safe and secure environment, ensuring the well-being of you and your family. The island’s natural beauty and vibrant culture offer a balanced and fulfilling lifestyle.
  • Investment Opportunities: The CBI program offers diverse investment options, including contributions to the National Transformation Fund (NTF) and real estate investments. These opportunities not only facilitate your residency but also allow you to participate actively in the local economy, fostering growth and development.
  • Family Benefits: Grenada’s CBI program is inclusive, allowing you to extend citizenship benefits to your immediate family members, including spouses, children, and dependent parents. This ensures that your entire family can enjoy the same freedoms, security, and opportunities, creating a solid foundation for future generations.
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Investment Options and Requirements

  • National Transformation Fund (NTF) Contribution
    The National Transformation Fund is the primary investment option for the Grenada CBI program. A mandatory non-refundable contribution to the NTF is required, with the minimum contribution set at USD 150,000 for a single applicant. Additional contributions are required for dependents, ensuring comprehensive support for national projects and infrastructure.
  • Benefits: Your contribution to the NTF supports critical national development initiatives, including education, healthcare, and environmental sustainability. This option offers a straightforward and impactful way to obtain citizenship while contributing to the nation’s growth.
  • Real Estate Investment
    Investing in approved real estate developments is another popular pathway to citizenship. The minimum investment requirement is USD 220,000 in a government-approved property, which must be held for at least five years. This option not only secures your residency but also provides potential for rental income and capital appreciation.
  • Property Requirements: Properties must be located in designated areas and meet specific criteria set by the government. Citizenship360 assists you in identifying prime real estate opportunities that align with your investment goals and lifestyle preferences.

Eligibility Criteria

  • Age and Health: Applicants must be at least 18 years old and in good health. Comprehensive medical examinations are required to ensure eligibility and compliance with health standards.
  • Background Check: A clean criminal record is mandatory. All applicants undergo thorough background checks to maintain the integrity and security of the CBI program.
  • Financial Transparency: Applicants must provide proof of legitimate source of funds, ensuring transparency and compliance with international financial regulations. Citizenship360 assists in verifying and documenting your financial background.
  • Family Inclusion: The CBI program allows you to include your spouse, dependent children under 18, and dependent parents or grandparents. This inclusivity ensures that your entire family can benefit from the program.
  • Age Limits for Dependents: Dependent children must be under 18 years old, while dependent parents or grandparents should meet specific criteria outlined by the program.
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Application Process

Step-by-Step Guide
  • Initial Consultation: Engage in a detailed discussion with our experts to understand your goals and assess your eligibility for the Grenada CBI program.
  • Select Investment Option: Receive personalised recommendations on the most suitable investment pathway based on your financial objectives and personal preferences.
  • Documentation Preparation: Collect and prepare all necessary documentation, including identification, financial records, and legal paperwork, with the assistance of Citizenship360.
  • Investment Execution: Guide you through the process of making the required investment, whether it’s contributing to the NTF or purchasing approved real estate.
  • Submission of Application: Submit your complete residency application to the relevant authorities, ensuring all requirements are met and documentation is accurate.
  • Due Diligence and Approval: Facilitate the due diligence process, including comprehensive background and financial checks conducted by the government.
  • Final Steps: Arrange for the issuance and secure delivery of your Grenada citizenship documents and passport, marking the successful completion of your CBI journey.
  • Processing Time: The typical processing time for the Grenada CBI program is between 3 to 4 months from the submission of a complete application to approval.

Cost & Fees

The costs associated with the Grenada CBI program vary based on the chosen investment option and the number of dependents included in the application. Below is a general overview:

  • National Transformation Fund (NTF) Contribution: USD 150,000 for a single applicant, with additional fees for dependents.
  • Real Estate Investment: Minimum investment of USD 220,000 in approved property, plus associated legal and processing fees.
  • Additional Fees: Applicants may incur additional costs such as processing fees, due diligence fees, legal fees, and service charges. Citizenship360 provides a transparent breakdown of all fees during the consultation phase to ensure there are no hidden costs.
  • Payment Terms: Investments can be structured through lump-sum payments or staggered installments, depending on the investment option and your financial planning needs. Citizenship360 offers flexible payment schedules to accommodate your budget and preferences.
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FAQ’s

What are the basic requirements to apply for Grenada citizenship through investment?

Applicants must be at least 18 years old, in good health, have a clean criminal record, and make the required investment through one of the available options (NTF or real estate).

What investment options are available under the Grenada CBI program?

The primary options include a contribution to the National Transformation Fund or investment in approved real estate.

Can I include my family members in my application?

Yes, you can include your spouse, dependent children under 18, and dependent parents or grandparents in your application.

How long does the application process take?

The typical processing time is between 3 to 4 months from the submission of a complete application to approval. Expedited services may be available for eligible applicants.

What rights and privileges come with Grenada citizenship?

Citizenship grants you the right to live, work, and study in Grenada, enjoy visa-free travel to over 140 countries, and benefit from a favorable tax regime.

What are the tax benefits of obtaining Grenada citizenship?

Grenada offers no personal income tax, wealth tax, inheritance tax, or capital gains tax, providing significant financial advantages and opportunities for tax optimization.

Are there specific requirements for the real estate investment option?

Yes, investments must be made in government-approved properties, with a minimum investment of USD 220,000. The property must be held for at least five years.

Does Citizenship360 provide legal assistance during the application process?

Yes, our team of legal experts is available to assist you with all legal aspects of your application, ensuring compliance and a smooth process.

What support does Citizenship360 offer after citizenship is granted?

We provide ongoing assistance to help you maintain your residency status, including renewals, compliance with local regulations, and updates on any changes that may affect your citizenship.