Known as the ‘Spice Island’ of the Caribbean, Grenada is a small island in the Caribbean enjoying a steady economic growth and political stability. The country has virtually no crime and offers a high standard of living to all its' citizens. Grenada gained independence from the British in 1974 and is a full member of the Commonwealth of Nations, the Caribbean Community and Common Market (CARICOM), as well as the World Trade Organisation (WTO). Grenada Citizenship offers visa-free travel to over 100 countries, including the European Schengen Area to both the applicant as well as family members.
Known as the ‘Spice Island’ of the Caribbean, Grenada is a small island in the Caribbean enjoying a steady economic growth and political stability. The country has virtually no crime and offers a high standard of living to all its' citizens. Grenada gained independence from the British in 1974 and is a full member of the Commonwealth of Nations, the Caribbean Community and Common Market (CARICOM), as well as the World Trade Organisation (WTO). Grenada Citizenship offers visa-free travel to over 100 countries, including the European Schengen Area to both the applicant as well as family members.
Country Highlights
| VISA FREE TRAVEL: Visa free access to 142 countries incl. EU countries, Caribbean and Commonwealth Nations & China | TIME ZONE: UTC-4 |
| CAPITAL CITY: Saint George's | CURRENCY: Eastern Caribbean Dollars (XCD), Pegged to USD |
| LANGUAGES: English, French Patois | POPULATION: 107,316 |
| TOTAL AREA: 348.5 km² | DUAL CITIZENSHIP: Permitted |
Legal Basis
The Grenada Citizenship by Investment Programme commenced in August 2013 by virtue of Act No.15, 2013 also known as the Grenada Citizenship by Investment Act. To preserve the prestige, value and integrity of the Grenada Citizenship by Investment Programme, strict but straightforward legal protocols were put into place.
Benefits
- Fast process < 3 months;
- 143 Visa-free destinations inc UK & EU, Russia & China Unrestricted right to live, travel and study in the CARICOM;
- Access to the United States E-2 Visa Programme;
- No residency requirement in Grenada before, during or after application;
- Children & parents included
Eligibility
Real Estate Investment of either $200,000 when investing in the Tourism Accommodation Sector or $350,000 in government approved projects which are not in the Tourism Accommodation Sector. In order for applicants to opt for the first option, a main applicant must invest together with at least one additional main applicant. Each of the main applicants must pay a minimum purchase price of $220,000.
Process & Timeline
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