The Grenada citizenship by Investment program was established and became effective in 2013 to promote economic development. Currently, this program is managed by the Grenada citizenship by investment Committee, which is responsible for processing applications under the Grenada citizenship by investment Act.
The Grenada Citizenship by Investment Program is one of the few programs, and the first in the Caribbean, to offer visa-free access to China and the right to work in the United States.
This program is particularly suitable for individuals and families who wish to invest in overseas real estate or make donations to a beautiful Caribbean country. In return, they will receive second citizenship, which means they will obtain a second citizenship, opening up many business and international travel opportunities.
Investing in citizenship in Grenada also allows foreign investors to experience the rich cultural and adventurous lifestyle of the "Spice Island" if they decide to settle, provided they meet all the minimum requirements set forth by the regulations.
The Grenada Citizenship by Investment Program is open to all foreign investors over the age of 18.
You can obtain Grenadian citizenship by making a donation of at least USD 150,000 to the National Transformation Fund (NTF).
The NTF was established by the Grenadian government in 2013 to budget for various projects in tourism, agriculture, and green energy.
You can qualify for Grenadian citizenship and a Grenadian citizenship by purchasing real estate through the Citizenship by Investment Program.
Most real estate projects under this program focus on developing the tourism sector, which is Grenada's most important source of foreign revenue. Therefore, government-approved real estate projects typically include resorts, hotels, villas, and similar developments.
The minimum investment amount in real estate is USD 220,000 per share in the project (for co-ownership projects). For single-unit ownership projects, the minimum amount is USD 350,000.
Note that for this second option, there will be no change in the minimum investment amount whether you apply alone or with your family.
Government Fees:
Single applicant
US $50,000
Main applicant and spouse
US $50,000
Main applicant with up to 3 dependents (excluding siblings)
US $50,000
Additional dependents (excluding siblings and parents/grandparents under 55 years old)
US $25,000/person
Dependent parents/ grandparents under the age of 55
US $50,000/person
Dependent siblings
US $ 75,000/person
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