Grenada - Simple Citizenship by Investment Program

Investing in Grenada for residency is one of the most sought-after programs for investors today. Obtaining citizenship here brings many outstanding benefits such as visa-free travel to over 140 countries and territories, access to world-class education and healthcare, and many other privileges. Discover more about the Grenada citizenship by investment program in the following article!

Reasons Why Grenada's Residency Program Attracts Many Investors

Grenada is known as a country with a simple lifestyle and beautiful beaches. It is famously referred to as the "Spice Isle" due to the various spices grown locally. Besides, Grenada is one of Europe's top tourist destinations, with fascinating natural scenery, luxurious restaurants, and many exciting festivals.

Grenada's residency program, initiated by the government, aims to attract direct foreign investment by granting citizenship. These investments play a crucial role in the nation's development. The program allows applicants to receive Grenadian citizenship within 6 to 8 months, along with their families, including:

• Legal spouse
• Dependent children under 30, unmarried, and entirely dependent on the primary applicant (or over 30 with mental or physical difficulties)
• Parents and grandparents living with and financially dependent on the applicant
• Siblings over 18, unmarried, childless, and qualifying as dependents

Grenada's Investment Program Attracts Many Investors

Strengths of the Grenada Investment Residency Program

The Grenada citizenship by investment program offers many prominent strengths such as:

• Simple procedures, conditions, and application processes for Grenada residency.
• Absolute safety for clients, as they hold ownership of real estate projects or government investment funds.
• No high requirements for education, management experience, or language skills.
• No need to prove financial status or attend interviews.
• Quick processing time, around 6 to 8 months to obtain citizenship for the whole family.

Benefits of Owning Grenadian Citizenship

When you obtain Grenadian citizenship, you will enjoy the following benefits:

• Receive a passport from a Commonwealth country for the entire family, including four generations.
• No residency requirements before or after obtaining citizenship.
• Free education for children under 18 and a 90% tuition reduction for university students.
• Enjoy all the benefits of Grenadian citizens, including social security and healthcare services.
• Shorten the path to studying, living, and working in the U.S. through the E-2 visa treaty.
• Visa-free travel to over 140 countries and territories, including the UK, Hong Kong, Russia, China, UAE, and EU countries.
• Easy and fast access to U.S. and Canadian visas.

Grenadian Citizenship Offers Many Special Benefits

Summary of Two Investment Options for Grenadian Citizenship

Currently, there are two investment options for Grenadian residency that you can participate in:

Option 1: Contribute to the National Transformation Fund (NTF)

To obtain Grenadian citizenship through the contribution program, you need to contribute at least $150,000 to the NTF. Established by the government in 2013, this fund finances various projects in agriculture, tourism, and green energy. If there are dependents, you need to pay additional fees as follows:

• Single applicant: $150,000
• Main applicant, spouse, and two children: $200,000
• Additional dependents (under 18): $25,000 per person
• Additional dependents over 55: $50,000 per person

Obtain Grenadian Citizenship by Contributing to the Government Fund

Option 2: Invest in Grenadian Real Estate

To qualify for Grenadian residency, you can also invest in government-approved real estate projects. Most real estate projects focus on developing tourism, Grenada's most important source of foreign currency. Approved projects typically include hotels, resorts, and villas.

The minimum investment amount in co-owned real estate is $220,000. For projects with a single owner, the minimum amount is $350,000.

With this option, the minimum investment amount remains the same whether you apply alone or with your family. Additionally, the applicant must pay the following fees:

• Single applicant: $50,000
• Main applicant and spouse: $50,000
• Main applicant with up to 3 dependents (excluding siblings): $50,000
• Additional dependents (excluding siblings and parents/grandparents under 55): $25,000 per person
• Dependents who are parents or grandparents under 55: $50,000 per person
• Eligible siblings: $75,000 per person

Obtain Grenadian Citizenship by Investing in Real Estate

Summary of the Process to Obtain Grenadian Citizenship

To be granted citizenship and residency in Grenada, investors need to follow these steps:

• Work with authorized agents to submit the application and related documents for the citizenship investment program.
• The application is sent to the Grenada Citizenship by Investment Committee along with the corresponding fees.
• In the initial phase, the application will be approved once the government receives the full amount required.
• After making the investment or contribution, the investor receives a citizenship certificate.
• Once the citizenship certificate is issued, you officially become a Grenadian citizen and are eligible to receive a passport.

If you are interested in the Grenadian investment residency program, contact https://quoctichthuhai.com/ today. Our experienced team will help you assess the success potential of your application. All customer information is kept confidential and used only for advisory purposes. We commit to supporting you until you receive your Grenadian passport.
Grenadian residency through investment programs is currently attracting much interest. This article will help you understand the details of this investment residency program.