Grenada Citizenship by Investment Benefits Eligibility & Process
The country established the Grenada Citizenship by Investment Program in August 2013.
Grenada Citizenship by Investment
The Grenada Citizenship by Investment Program requires applicants to either make a substantial economic investment in the country or acquire a qualifying asset approved by the government.
In return, the government will grant citizenship to applicants after a rigorous vetting and due diligence process which includes comprehensive background investigations.
Advantages of the Grenada Citizenship by Investment Program
Visa-free or visa-on-arrival access to more than 140 destinations, including China, Hong Kong, Singapore, the United Kingdom, and the Schengen Area of Europe.
The sole Caribbean citizenship by investment initiative has an E-2 Investor Visa Treaty with the United States, enabling citizens to apply for a non-immigrant visa after residing in Grenada for a continuous period of three years.
Citizenship can be transferred to new spouses and future generations.
The option to include a spouse, children under 30, unmarried siblings aged 18 and older, as well as parents and grandparents of both the main applicant and their spouse.
No limitations on dual citizenship in Grenada.
No minimum residency requirement.
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Eligibility Criteria for Grenadian Citizenship by Investment
To be eligible for citizenship, the primary applicant must be at least 18 years old, fulfill the application criteria, and meet one of the two primary qualifying options:
National Transformation Fund donation option: A minimum non-refundable contribution of $235,000 for a single applicant or a family of up to four members.
Real estate option: A purchase of at least $270,000 from a government-approved real estate project, along with an additional minimum non-refundable contribution of $50,000, applicable for a single applicant or a family of up to four members.
Procedure for the Grenada Citizenship by Investment Program
The process for obtaining Grenadian citizenship is streamlined through Henley & Partners which provides the the application package for Grenadian citizenship by investment.
The package will contain all necessary documents along with comprehensive instructions.
For those opting for the real estate investment route, the timeline may differ based on the specific project. It is therefore crucial to choose a real estate project that can furnish the required documentation from the developer.
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