Grenada Citizenship By Investment Program

Grenada-flag

Grenada is one of the most popular island country of Caribbean Islands also known as Spice Isle or Island of Spice because of its production of nutmeg and mace crops and it is located in the northern side of Trinidad and Tobago between the Caribbean Sea and the Atlantic Ocean and is consisting of one main island called Grenada and six other smaller islands. Saint George’s is the capital of Grenada.

It is an independent Commonwealth with Elizabeth II of England as its Queen and Head of State, represented in the country by a Governor-General. Before it gained independence, it was a French and then a British colony. The country’s official language is English although it also recognizes Creole English and Creole French as regional languages.

Qualifying Criteria & Investment for Citizenship

Grenada’s economic citizenship program was established in 2003 and has major competitive advantages over similar Caribbean programs. Grenada allows individuals to obtain citizenship through a government-sponsored investment program. To qualify the applicants must fulfill one of the investment options below in addition to meeting the following criteria:

1. National Transformation Fund

Individuals have the option of acquire a Citizenship of Grenada by donating $150,000 to the government of Grenada.

2. Real Estate Investment Program

The individual has to invest up to $220,000 in any of the government-approved real estate projects. The individual cannot dispose of this investment until after five years.

3. Grenada’s E-2 Treaty with USA

This is the only Caribbean country (with citizenship by investment program) whose citizens are eligible to apply for a US E-2 visa (under a treaty entered into between the United States of America and the Government of Grenada). There have been several successful cases where Grenadian citizens have received a US E-2 visa.

A US E-2 visa allows an investor to live and do business in the United States of America in exchange for a substantial investment (the minimum recommended threshold is US $250,000) in the United States of America.

Unlike many other countries that have entered into a US E-2 visa treaty with the United States of America. So, Grenadians who have a US E-2 visa can stay in the United States of America for 5 years. Therefore, they have no restrictions on the number of times their US E-2 visa may be renewed.

While the investor’s spouse and dependent children (under 21) may also be included in the US E-2 application. Finally, it also allows them to relocate to the United States with the possibility to work and study in the United States of America.

An applicant:

  • should be at least 18 years of age
  • should be of good character and have no criminal record
  • should undergo the due diligence checks and get a positive outcome
  • must have a high personal net worth
  • should have good health

Benefits

  • Visa-free travel to more than 115+ countries, including
    the UK, China, Russia, Singapore, and Schengen Region
  • Eligible for E-2 Treaty Investor Visa of United States of America (USA)
  • Can live, study and work in Grenada without any restriction
  • Can hold dual citizenship without any restriction
  • No travel or residency requirement before and after getting the citizenship
  • No tax on foreign income, wealth, gift, inheritance and capital gains
  • Fastest processing in 90 days
  • Inclusion of children under the age of 30 as dependents
  • Inclusion of dependent siblings of applicant or spouse
  • Inclusion of dependent parents
  • No interview or work experience required