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GRENADA CITIZENSHIP BY INVESTMENT

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

Freedom for your family

  • Grenada Citizenship and passport can be issued in as little as 2 months
  • No restrictions on nationalities
  • Dual Citizenship is permitted
  • Residency in Grenada is not obligatory

Security for your family

  • Safe and secure environment for you and your family
  • Your spouse, children and elderly parents are able to apply for citizenship
  • Become part of an exciting flamboyant and colorful community
  • The Grenada citizenship allows free access to reside in any Caribbean island

Enjoy visa free travel

  • The Schengen state as well as the UK are included on the Grenada visa free countries for passport holders
  • Grenada visa free countries exceeds 122
  • China is visa free which is a rare occurrence as most nationalities require a visa to travel there
  • The Grenada passport is considered one of the most desirable passports due to its connection with the commonwealth and ability to travel to China visa free

Tax and financial advantages

  • Worldwide income is not taxable
  • Can exit investments after 3 years while retaining citizenship
  • Secondary taxes such as capital gains, inheritance and gifts are not applied under The Grenada citizenship programme
  • No controls are applied on bringing in capital to the country

Freedom for your family

  • Grenada Citizenship and passport can be issued in as little as 2 months
  • No restrictions on nationalities
  • Dual Citizenship is permitted
  • Residency in Grenada is not obligatory

Security for your family

  • Safe and secure environment for you and your family
  • Your spouse, children and elderly parents are able to apply for citizenship
  • Become part of an exciting flamboyant and colorful community
  • The Grenada citizenship allows free access to reside in any Caribbean island

Enjoy visa free travel

  • The Schengen state as well as the UK are included on the Grenada visa free countries for passport holders
  • Grenada visa free countries exceeds 122
  • China is visa free which is a rare occurrence as most nationalities require a visa to travel there
  • The Grenada passport is considered one of the most desirable passports due to its connection with the commonwealth and ability to travel to China visa free

Tax and financial advantages

  • Worldwide income is not taxable
  • Can exit investments after 3 years while retaining citizenship
  • Secondary taxes such as capital gains, inheritance and gifts are not applied under The Grenada citizenship programme
  • No controls are applied on bringing in capital to the country

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:


Grenada Government Contribution

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


Grenada Real Estate Investment

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.

Citizenship Enquiry

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

1st–2nd Month

    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

3rd Month

    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

4th Month

    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

119 COUNTRIES

A

  • Andorra
  • Argentina
  • Armenia
  • Australia
  • Austria

B

  • Bahamas
  • Bahrain
  • Bangladesh
  • Barbados
  • Belgium
  • Belize
  • Bolivia
  • Botswana
  • Brazil
  • Bulgaria

C

  • Cambodia
  • Cape Verde
  • Chile
  • China
  • Colombia
  • Comoros
  • Costa Rica
  • Croatia
  • Cuba
  • Cyprus
  • Czech Republic

D

  • Denmark
  • Djibouti
  • Dominica
  • Dominican Republic

E

  • Egypt
  • Estonia

F

  • Fiji
  • Finland
  • France

G

  • Gabon
  • Gambia
  • Georgia
  • Germany
  • Greece
  • Guinea-Bissau
  • Guyana

H

  • Haiti
  • Hong Kong
  • Hungary

I

  • Iceland
  • India
  • Indonesia
  • Iran
  • Ireland {Republic}
  • Israel
  • Italy

J

  • Jamaica
  • Jordan

K

  • Kenya
  • Kiribati
  • Korea South

L

  • Laos
  • Latvia
  • Lesotho
  • Liechtenstein
  • Lithuania
  • Luxembourg

M

  • Madagascar
  • Malawi
  • Malaysia
  • Maldives
  • Malta
  • Mauritania
  • Mauritius
  • Monaco
  • Montenegro
  • Mozambique

N

  • Nepal
  • Netherlands
  • Nicaragua
  • Norway

P

  • Palau
  • Palestinian Territory, Occupied
  • Panama
  • Paraguay
  • Philippines
  • Poland
  • Portugal

R

  • Romania
  • Russian Federation

S

  • St Lucia
  • San Marino
  • Senegal
  • Seychelles
  • Singapore
  • Slovakia
  • Slovenia
  • Solomon Islands
  • Somalia
  • Spain
  • Sri Lanka
  • Suriname
  • Swaziland
  • Sweden
  • Switzerland

T

  • Tajikistan
  • Tanzania
  • Togo
  • Turkey
  • Tuvalu

U

  • Uganda
  • Ukraine
  • United Kingdom
  • Uruguay

V

  • Vanuatu
  • Vatican City
  • Venezuela

Z

  • Zambia
  • Zimbabwe

Faqs about Grenada citizenship and passport

The Grenada Citizenship by Investment Program allows individuals and their families to obtain citizenship by making stipulated economic contribution to the Country in one of two ways: either through a donation to the National Development Fund (NDF) or by investing in a Government approved real estate project.
Currently the contribution amount for a single applicant is $150,000 whereas the real estate purchase is $400,000. In addition, applicants have to pay government fees and due diligence for each of their family members
Anyone who is over 18 years old with clean criminal record can apply for Grenada citizenship by investment program. However, one also must be able to fulfill one of the investment requirements and also be of an outstanding character with good health.
Yes - your spouse, your children up to 30 years of age and your parents and parents in law are also eligible to apply as your dependents as long as they meet certain conditions. Each individual will have to pay relevant fees.
In order to purchase real estate in Dominica, investors have to obtain an Alien Land Holding License. A notary public will handle all paperwork during the real estate transaction. Our local team in Grenada will complete the legal process of your real estate purchase and send us your title deed.
The Commonwealth of Grenada passport will allow you and your family members to enjoy the benefits of visa free access to over 122 countries including the European Schengen area, UK, China, Singapore and Hong Kong.
Grenada’s Citizenship by Investment Programme makes it possible for those who invest in Grenada’s economy or real estate development to gain citizenship and live or work in this beautiful Caribbean country
From the first meeting in our office to the delivery of your passport it will take from 2 months up to 4 months to complete the entire application process.
The passport forms can be downloaded from Government of Dominica passport office website. They can be filled in online and e-signed making Grenada’s passport application one of the most practical.
Once you gain your citizenship, you will be entitled to the same rights as any other citizen of Grenada. You will have the right to live and work in Grenada and Caribbean Community. Grenada allows dual citizenship, so you will not have to renounce your current citizenship. Grenada has no foreign income, wealth, gift, inheritance or capital gains tax. You can travel without visa restrictions to more than 115 countries which include the United Kingdom, European Union countries, Singapore and Hong Kong. Grenada is one of very few countries whose citizens can travel to China without a visa.