Grenanda Citizenship By Investment

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Grenanda Citizenship By Investment Known for its crystal clear waters and white-sandy beaches, Grenada is a tropical island country resting in the Caribbean Sea. The country is an ideal destination for those seeking a secondary passport as they offer a quick and efficient Citizenship by Investment Program. The resurgence of Grenada since attaining independence in 1974 is note-worthy, tourism and agricultural sectors, in particular, has helped it to become one of the fastest-growing economies in the country.

The Grenadian citizenship-by-investment programme launched in 2013 and became popular immediately, particularly among investors looking for a fast and efficient solution: you can secure a Grenadian citizenship within 4-6 months.

As Grenada is a member of the Commonwealth, the Head of State is the British monarch Queen Elizabeth II. Grenada is also a member of the United Nations, the Organization of American States (OAS), CARICOM, the Organization of Eastern Caribbean States (OECS), the African, Caribbean and Pacific Group of States, the Non-Aligned Movement and the World Trade Organization.

Investment Options in Grenada

Contribution to the NDF

As suggested by its name, the National Transformation Fund is set up to improve the infrastructure within the country. A single applicant is required to make a monetary investment of 150,000 USD to be eligible for citizenship. The required investment amount will increase with the number of dependents.

Investment in Real Estate

The applicant is required to purchase any government approved property in the country worth 350,000 USD or more. The applicant is free to sell the acquired property after a period of 5 years.

Key Benefits of Grenada Passport

  • Applicants do not need to be in Grenada during the time of application
  • Grenada Citizenship is a gateway to acquiring a US E-2 Visa
  • Citizens are exempt from paying capital gains, inheritance, and foreign income tax
  • Visa-Free or Visa on arrival access to 144 countries and territories
  • The processing time is less than 90 days
  • Access to Finnish Permanent Residence or citizenship just in four years.
  • Candidates do not have to fulfill any educational or management requirements
  • The country does recognize Dual Citizenship
  • Support program for spouse and fee-free language courses.
  • Generous tax regime.
  • Full exemption from import duties

Requirements

  • Applicants do not need to be in Grenada during the time of application
  • 18+ years of age
  • No criminal record.
  • Good health
  • Successfully pass due diligence checks
  • Receive approval by the Government
  • Confirmed investment sources
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