The Nation of Grenada
Citizenship by Investment
Located in the Caribbean Sea, twelve degrees and three minutes north of the equator, it is known as the “Isle of Spice”. The country prides itself as one of the most magnificent islands in the Caribbean and it measures 344 sq. km. The nation of Grenada is composed of three key islands: Grenada and its sister islands Carriacou and Petite Martinique.
The Grenada Citizenship by Investment Program
The Citizenship by Investment program is designed to attract Foreign Direct Investment and to promote the economy and values of the country. The program provides the avenue for Applicants and their families to obtain citizenship.
The Grenada Citizenship by Investment program is similar to the other Caribbean Citizenship by Investment programs but differs and is unique in the following ways:
- The Grenada program allows visa free entry into China among other countries.
- Asa signatory to the United States treaty on E2 visa, Grenada citizens benefit from eligibility to apply for temporary residence to the United States under the E2 visa program for investors.
Ways of Acquiring Citizenship
Applicants may only make two types of investments to obtain citizenship.
The investments include the following:
Holders of Grenada passport enjoy visa free travel to approximately 115 international and Commonwealth countries. These include the United Kingdom and all other members of the European Union, and important business hubs such as Singapore and Hong Kong. Grenada is one of very few nations whose citizens can travel to the People’s Republic of China without first obtaining a visa. See attached the visa free travel list.
Validity of the Passport
Passports are valid for five (5) years and renewable afterwards at the Grenadian Consulate in London, or directly through the Grenadian Passport and Immigration Office.
Benefits of Grenada and The Citizenship by Investment Program
To be eligible to apply, the Principal Applicant must:
Note: To ensure that the requirements listed above are fully adhered to, the Government of Grenada subjects each applicant to strict due diligence procedures.
Applications will be denied on the following grounds:
Application Processing Time
Decisions are rendered in 60-90 days on most applications as long as the due diligence report is satisfactory to the Citizenship by Investment Committee. Upon Approval, Applicants’ have 30 days to make the investment into the National Transformation Fund or finalize the real estate transaction. Upon receipt of the investment or confirmation of real estate purchase, passports are issued within two weeks.
International Organization Membership
Grenada is a member of the following international organizations:
108,132 (UN 2008)
GNI per Capita
$6,810 US (World Bank 2016)
English (official), French patois
Eastern Caribbean Dollars. 1 XCD = 0.37 USD
Average all year round of 23°C – 28°C