Forms of Grenada Citizenship - Detailed Information

Forms of Grenada Citizenship - Detailed Information

Various forms of Grenadian citizenship provide the best conditions for investors and their families to obtain a passport for free global travel. Notably, the Grenadian Government has recently decided to accept online investment applications starting from June 1, 2023. Interested investors can find detailed information about the forms of investment for Grenadian citizenship below.

Overview of Grenada's Citizenship by Investment Program

This is one of the best and most cost-effective investment residency programs for foreign citizens who want to travel freely to 147 European countries. Like Turkey and Montenegro, the Grenadian Government offers a unique investment program allowing foreign citizens to apply for the privileged US visa through the Treaty of Commerce and Navigation with the United States.

Currently, the Grenadian residency by investment program offers two main forms for foreign investors:

  • Contribute at least USD 200,000 to the Grenadian Government, equivalent to approximately VND 4.7 billion, applicable to a family of four.
  • Invest at least USD 220,000, equivalent to approximately VND 5.1 billion, in real estate projects approved by the Grenadian Government for at least five years.
Đầu tư định cư Grenada cung cấp cho nhà đầu tư nước ngoài 2 phương án lựa chọn

Grenada residency by investment offers two options for foreign investors

Detailed Forms of Grenadian Citizenship for 2024

Investors can explore the two most common forms of Grenadian citizenship below:

Contribution to the Grenadian Government for Citizenship

In this investment form, the applicant can gain Grenadian citizenship by contributing at least USD 150,000 directly to the NTF, also known as the National Transformation Fund. Note that the USD 150,000 contribution applies to a single investor. If you want to include your spouse and two children, you will need to contribute USD 200,000 to the NTF of Grenada.

If the citizenship application includes additional children, an extra USD 25,000 per child will be added to the total contribution as required by the Grenadian Government. For applications that include parents or grandparents over 55 years old, an additional USD 50,000 per person will be added to the minimum total contribution.

Số tiền 150.000 USD chỉ được áp dụng với hồ sơ có duy nhất 1 người là nhà đầu tư

The USD 150,000 contribution applies only to single-investor applications

Grenadian Citizenship through Real Estate Investment

If you prefer not to contribute directly, you can opt for the second method of purchasing real estate in Grenada to qualify for citizenship and a national passport. Eligible real estate projects for the citizenship program are primarily focused on commercial tourism.

This is currently Grenada's largest and most crucial source of foreign exchange. Government-approved foreign investor real estate projects usually include hotels, villas, and resorts.

The minimum investment required for real estate in Grenada is USD 220,000 per project share. Note that this minimum amount does not change whether you apply alone or with family members. Specifically:

  • A single investor will contribute USD 50,000.
  • A principal investor with a spouse will contribute USD 50,000.
  • A principal investor with up to three dependents, excluding siblings, will contribute USD 50,000.
  • Each additional dependent will contribute USD 25,000, excluding parents/grandparents under 55 years old and siblings.
  • Parents/grandparents under 55 years old will contribute USD 50,000 each.
Nhiều đương đơn lựa chọn đầu tư bất động sản để xin nhập tịch Grenada

Many applicants choose real estate investment to obtain Grenadian citizenship

Why Should Investors Choose Us as an Authorized Agent for Grenadian Citizenship?

As mentioned at the beginning of this article, the Grenadian Citizenship by Investment Unit now accepts online passport applications and no longer accepts direct applications. Instead, they work through authorized agents like us, who support foreign investors in preparing and submitting their applications and related documents to ensure a smooth and successful first-time application for Grenadian citizenship.

We collaborate with experienced international experts and advisors to provide comprehensive consultation and meticulous preparation of immigration investment strategies and documents, ensuring a 100% approval rate.

Conclusion

Investors have now explored the specific forms of Grenadian citizenship for 2024. If you need further consultation and guidance from our experts on the Grenada residency by investment program, please contact us at the following address or visit our website at https://quoctichthuhai.com/ for the most dedicated and thorough support.

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