PassPro

Grenada

Grenada citizenship offers visa free access to key global business hubs including China

Legal Basis

The Citizenship by Investment Program was enshrined by law when the Grenadian Parliament passed the ‘Grenada Citizenship by Investment Act, 2013.

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Investment Criteria

Contribution to National Transformation Fund*

Single Applicant

USD 208,125

Family of 4 (Main applicant + Spouse + 2 Children under 12 yrs)

USD 220,500

Real Estate Investment*

Single Applicant

USD 443,125

Family of 4 (Main applicant + Spouse + 2 Children under 12 yrs)

USD 455,500

*Please contact PassPro for advisory fees and a personalized quote based on the number and ages of dependents included in your application

Applicants can pursue two investment routes. Individuals can make a non-refundable contribution to the National Transformation Fund – with the contribution determined by the number of dependents; or invest in an approved Real Estate project. The real estate must be held for at least three years after obtaining legal citizenship.

Benefits of Grenada Citizenship

  • 3-6 months to complete.
  • No need to visit or reside in the country to apply.
  • The only CIP to enable access to E–2 Investor Visa Treaty with the US.
  • 121 countries visa-free or on arrival including key business hubs such as the UK, Schengen Zone Hong Kong and Singapore.
  • Grenada citizens enjoy visa-free access to China.
  • Spouse, dependent children up to 25 years can be included within the same application.
  • Member of the Commonwealth of Nations and United Nations.
  • English-speaking population and a legal system based on English Common Law.
  • No tax on global income for non-residents.
  • The Eastern Caribbean Dollar is a stable currency that has been pegged to the US dollar since 1976.
  • All nationalities can apply.
  • Dual citizenship allowed.
  • Grenada gives you a passport to freedom while allowing you to enjoy your life in your current country of residence.

Country Profile

Visa free countries

121

See Countries

Population

110,700

Currency

East Caribbean dollars (XCD), tied to USD

Time Zone

UTC-4

Frequently Asked Questions

Do I need to submit an application for each member of my family?

No, this is not necessary. Spouses and dependent children up to 25 years can be included within the same application.

What makes investing in a second citizenship in the Caribbean legal?

What makes these programs legal is the presence of Constitutional Acts that prescribe how an individual can acquire citizenship through investment, and ensure the citizenship granted is for life – meaning no one can revoke citizenship even if government changes in the future.

The respective country’s Constitutional Acts explain exactly how the applicant can invest in citizenship. Most of the Caribbean programs require the investor to apply through an authorized agent and invest in government funds or approved real estate projects, business ventures or government bonds. The applicant also has to undergo a due diligence check and prove that he has clean a source of funds.

How can I be sure of my investment in Grenada real estate?

Investments can only be made in a Government Approved Real Estate Project. At PassPro we regularly visit the island and vet projects first-hand so that we can give you sound and current advice on the best projects and reputable developers. We will help check the contracts on your behalf, pick the best units that can be rented or sold after the holding period and negotiate the best package for your needs.

After my Grenada citizenship is processed what resources will be available to me for next steps?

Acquiring a second citizenship is not a transaction, we believe it is a lifelong relationship. Our ‘My PassPro’ portal is your online portal for enjoying life as a citizen of a new country. Just sign in and receive access to a host of special services including visa updates for Grenada, consular guidance, assistance opening bank accounts and lots more.

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