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PassPro

Grenada Citizenship by Investment

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

Legal Basis

The Grenada Citizenship by Investment Program was enshrined by law when the Grenadian Parliament passed the ‘Grenada Citizenship by Investment Act, 2013. This Constitutional Act and subsequent amendments gives the Government of the nation the right to legally grant individuals with no former ties to the country Grenada citizenship by investment, and grants these citizens the right to hold a Grenada passport.

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Investment Criteria

Contribution to National Transformation Fund*

Single Applicant

$158 125

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

$220 500

Real Estate Investment*

Single Applicant

$443 125

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

$455 500

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

Under the Grenada Citizenship by Investment Program, applicants can pursue two 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 by Investment

  • 3-6 months to complete your Grenada citizenship by investment application and obtain your Grenada passport.
  • No need to visit or reside in the country to apply.
  • Only the Grenada citizenship by investment program enables access to E–2 Investor Visa Treaty with the US.
  • The Grenada passport offers visa-free or visa on arrival access to 121 countries 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 30 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.
  • The Grenada Citizenship by Investment Program 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 a separate Grenada Citizenship by Investment application for each family member?

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 Grenada second citizenship legal?

What makes the Grenada citizenship by investment program legal is the presence of a Constitutional Act that prescribes how an individual can acquire citizenship through investment, and ensures the citizenship granted is for life – meaning no one can revoke your citizenship or your Grenada passport even if the government changes in the future.

The country’s Constitutional Act explains exactly how the applicant can invest in Grenada citizenship by investment. The second citizenship program requires 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 I obtain my Grenada passport and citizenship, what resources are 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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