Grenada - Atlantic Dubai
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Grenada

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2299

GRENADA CITIZENSHIP

Grenada’s citizenship by investment and second passport program is the only program in the Caribbean that allows Visa Free access to China in addition to all Schengen States, the UK, and Singapore. Grenada has the 39th strongest passport and gives its citizens the option of E-2 USA ‘INVESTOR VISA’ that could down the line lead to a Green Card.

Grenada is the only citizenship program that allows you to include siblings as dependents. You and your family will obtain an irrevocable dual citizenship and second passport without having to move away or renounce your current nationality.

The Citizenship by Investment Program reopened in August 2013, when the Grenadian Parliament passed Act No. 15 of 2013, otherwise referred to as the ‘Grenada Citizenship by Investment Act, 2013.’ The stated objective of the Act is to “enable persons to acquire permanent residence, second passport and citizenship of Grenada by registration in Grenada’s government approved projects.”

  • Passport in 2 Months
  • Freedom to travel
  • Family passport
OVERVIEW

Timeline: 2 months

Nationalities supported: Open to all nationalities

Visa free travel: Instant visa-free travel to 141countries, including the Schengen countries, China, United Kingdom, Singapore and Hong Kong

Investment type: Contribution to Grenada’s Government or Investment in Grenada’s Government Approved Projects

Investment cost: Contribution to Grenada’s National Transformation Fund (USD 150,000 for a single applicant) or GSA Financing (USD 190,000 for family of 4) or GSA Buy Back (USD 325,000 for a family of 4) or Real Estate Investment (USD 400,000 for family of 4)

BENEFITS
PERSONAL FREEDOM

Second Citizenship and Passport issued in 60 business days

Ability to obtain a National Identity Card without visiting Grenada

No requirement to reside in Grenada

Dual Citizenship is allowed

All nationalities are permitted to apply

VISA-FREE TRAVEL COUNTRIES

Visa free access to 141countries (included 6 with e-Visa)

Grenada’s dual passport includes Visa free to People’s Republic of China – Grenada is one of the very few nations whose citizens can travel without visa

List include the United Kingdom and the Schengen States

Visa free list includes important business hubs like Singapore, Hong Kong and Australia with e-Visa

BUSINESS ADVANTAGES

Grenada citizens are eligible for USA E-2 Visa to start a business and reside in the United States

No foreign income, wealth, gift, inheritance or capital gains tax

No restriction of profits and imported capital

Citizenship Investment exit after 3 years

FAMILY SECURITY

Children up to 30 years and unmarried siblings and dependent parents can apply for second passport (over 55 pay additional USD 25,000 per applicant)

Ability to live in any other Caribbean Community (CARICOM)

Perfect setting for both adventure and relaxation

Grenada’s local community is culturally vibrant, vivacious, and extremely friendly

COSTS

Second passport and citizenship program of Grenada requires making an economic contribution to the country or an investment in Government approved projects.

OPTION 1 – CONTRIBUTION TO NATIONAL TRANSFORMATION FUND (NTF)

Contribution of NTF for Single Applicant USD 150,000

Contribution to NTF (Family of up to 4 including main applicant, spouse and dependents up to the age of 30)

 USD 200,000

Government fees for additional family member (up to the age of 30)

 USD 25,000
Additional unmarried sibling USD 25,000

OPTION 2 – REAL ESTATE

As per Grenada’s citizenship legislation a real estate Investment of USD 350,000 is required as well as application fees payable to the Government. The property can be sold in approximately 3 years, or longer, depending on the stipulations of each project. Once it is sold the investment also qualifies the next purchaser for citizenship.

Real Estate USD 350,000

Government fees for (Up to a family of 4 including main applicant, spouse and dependents up to the age of 30)

 USD 50,000

Government fees for additional family member (up to the age of 30)

 USD 25,000
Additional unmarried sibling USD 25,000
Passport in a matter of months.

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