Grenada Citizenship
Grenada is a beautiful country consisting of seven islands in the Caribbean, of which it is the largest. Famous for its post-card natural beauty, pristine beaches, breathtaking waterfalls and tropical landscapes - it’s no surprise, tourism takes pride of the place among the country’s top industries.
A peaceful and politically stable state, Grenada is home to thousands of expatriates and second passport holders. It attracts a large number of High Net Worth Individuals (HNWI) due to its excellent financial system with many international banks. Grenada is also home to a number of top international universities.
Grenada’s Citizenship by Investment Program was launched in 2013 under the regulations of the Grenada Citizenship by Investment Act.
About Grenada
Population
Grenada has a population of about 111,454 over an area of 348 km2. The density of Grenada is 319 people per km2.
Currency
Like all of the Organisation of Eastern Caribbean States (OECS), Grenada's currency is the Eastern Caribbean Dollar (XCD). The island's current is set at a fixed rate to the USD = 2.7 XCD.
Capital City
The capital of Grenada is St George’s, it is also the island's biggest city, with an estimated population of 34,000.
Languages
English is the country's official language. Grenadian Creole English and Grenadian Creole French are also spoken on the island.
Climate
Grenada has a tropical climate, meaning it is hot throughout the year. The average annual temperatures are usually around 28°C.
GDP
The GDP of Grenada represents less than 0.01% of the total world economy and is worth $1.21 billion.
Benefits of Citizenship in Grenada
What does Grenada Citizenship Offer You?
Visa-free travel
A Grenada passport by Investment Programme allows you to travel to 142 countries visa-free. This includes the UK, all of Europe, Hong Kong, and Singapore.
Visa Treaties
Grenada is the only Caribbean country that has a treaty with the USA. By obtaining a local passport, you are eligible for the US E2 non-immigrant visa, plus visa-free travel to China.
Tax
Grenada offers a very favourable tax regime. By obtaining a Grenada passport and gaining citizenship, you will not pay capital gains, no inheritance tax, net wealth/net worth tax.
Goverment
Economically, legally and socially stable country which is part of the Commonwealth realm, with a democracy based on the British parliamentary system.
Minimum stay requirements
As beautiful as it is, there is no need to travel to Grenada to obtain citizenship. The whole application, from beginning to end, can be done remotely.
Citizenship Inheritance
Citizenship is permanent and can be passed down for generations.
How to obtain Grenada Citizenship
Becoming a citizen of Grenada means that you can enjoy all the rights and privileges of citizenship of a Commonwealth country in the UK and other Commonwealth countries.
Grenada’s passport gives you access to more than 140 countries around the world, among them the UK and the Schengen countries. It is the only programme in the Caribbean that allows entry into China without the need for a visa.
The Grenadian passport enables you to obtain an E-2 visa that gives you the opportunity to enter, live and work in the United States of America. Approval is possible in less than 4 months with remote application, so there is no need to travel to Grenada.
Donation
Donation of a minimum of $150,000 to the National Transformation Fund (NTF), or $200,000 for a family of up to four members. An extra donation of $25,000 is required for each additional dependent.
Capital Transfer
Independent investment in a government approved real estate project at a minimum value of $220,000 which must be held onto for a minimum of five yearsThere is an additional government fee of $50,000 for up to a family of four. There is an extra government fee of $25,000 for each additional dependent.