Be part ofan exclusive and exciting Grenada Citizenship by Investment (CBI) opportunity.
Whether you are looking to explore new paths for your business or expand your passport portfolio for you and your family, you are part ofan increasing number of individuals seeking second citizenship through investment. Grenada’s Citizenship by Investment Programme is an exclusive, by invitation only way for individuals and their families to gain second citizenship.
The Grenada Citizenship program re-opened in 2013 and Act No. 15 states that key function is to enable persons to acquire permanent residence, a second passport and citizenship of Grenada by investing in Grenada’s economy or real estate development. The Grenada Citizenship by investment program does not require the renouncement of current nationality therefore dual citizenship will apply.
At Terranova Global, we offer dedicated advisory services to understand your unique needs, and to deliver them effectively. Our on the ground network includes international business consultants, lawyers, investment bankers and accountants to provide each investor professional and expert advice.
| Timeframe: | 2-4 months |
| Grenada Visa Free Countries: | Visas are not required for travel for over 122 countries including The European Schengen zone, United Kingdom and China |
| Type of Investment: | The Grenada citizenship requirements for investors are to either make an economic contribution to Grenada through real estate investments in Government approved schemes or to contribute to the National Transformation Fund |
| Cost of Investment: | Government contribution of $150,000 (for a single applicant) or a real estate investment of $350,000 plus Government fees. |
Benefits Of Grenada Citizenship And Passport
Financial Outlay Of Grenada Citizenship By Investment Programme
Grenada citizenship by investment program grants citizenship to investors who make an economic contribution to the development of the Island
The contribution can be made in either one of two ways:
Under the Grenada Citizenship by Investment program you can make a financial contribution of $150,000 to the Government of Grenada in order to apply for second citizenship and passport. Payment is required once the application has been approved by the necessary Government agents although initial due diligence and processing fees will be required.
| SINGLE APPLICANT | FAMILY OF TWO | FAMILY OF FOUR |
| Contribution: $150,000 | Contribution: $200,000 | Contribution: $200.000 |
| Government Fees: $9,200 | Government Fees: $18,400 | Government Fees: $24,800 |
| : $159,200 | : $218,400 | : $224,800 |
*These fees are determined by and paid to the Government Authorities and they do not include legal consultancy and bank fees
Investment into Government approved Real Estate of $350,000 minimum is the alternative option to obtaining Grenada Citizenship. This investment will grant not only you, but your family secondary citizenship for Grenada and receive your second passport in as little as 3 months.
Terranova Global will work closely with you and our network of developers and agencies to offer a comprehensive list of the best investment opportunities. Our comprehensive analysis is tailored to your specific requirements, and include feasibility studies, area overviews, and site location analysis.
Grenada government approved real estate project
Levera in Grenada is a luxury 375-acre hotel and residential development that will feature an 80-unit Boutique Hotel, 40 Hotel Cottages, 20 Casitas & Villas, Pools, Spa and Organic Orchard. This is a government approved project for the Grenada Citizenship by Investment Programme.
Investors can either invest in equality partnership of hotel company shares or purchase a hotel cottage with full ownership.
International investors in the project will benefit from 14 usage days annually accessing to daily housekeeping, concierge, health club, spa, swimming pool, beach club, library and other resort facilities as well as participation in rental returns for cottages or hotel profits after 4 years of ownership.
About Grenada
Known as the “Isle of Spice”, Grenada is a lush, unspoilt island in the West Indies that offers visitors stunning natural beauty, from white and gold sand beaches with palm trees and hidden coves, to jagged mountains, lush dense rainforests and of course the plantations of native spices that are the backbone of the country’s economy.
Grenada is the second-largest exporter of nutmeg in the world and this exotic spice along with cocoa beans, fish, wheat flours, bananas and citrus fruit – as well as other spices including mace, clove, and cinnamon- are amongst the the country’s most exported products.
In addition to its natural beauty, Grenada offers culture, fun, and friendliness typical of the authentic Caribbean life, which makes Grenada the perfect place in which to live, work and play. In addition, the country is extremely safe, with a low crime rate, a highly educated population, and high literacy rate.
The educational system in Grenada is based on that of Britain, and locals are welcoming to the increasing number of foreign investors who are choosing to invest and live in the country, which means you and your family will find it easy to make your home on this beautiful island
Timeline Of Grenada Citizenship Application
Signing of the Terranova Global Service Agreement
Terranova Global will conduct an initial internal due diligence check on your application to review and overcome any matters. Once finalized the application will be prepared
ality controls checks, the application will be submitted and this point due diligence and processing fees as well as passport fees will be required for payment
The application is reviewed by Grenada Government officials and approval will be granted
al is granted all outstanding fees and balances for Grenada real estatetransactions or contributions will be due for payment to the Government authorities
Citizenship certificates will be provided, and passports will be delivered via Terranova Global to your home country
*Time estimates may vary depending on the Grenada’s Government due diligence process
Grenada passport visa free countries
Faqs about Grenada citizenship and passport
