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Grenada

Citizenship by Investment

Country Information

Grenada is a picturesque island with exotic, diverse topography, breathtaking beaches, and a year-round temperate climate. Often referred to as the ‘Spice Island’ for its nutmeg and mace crops, Grenada is an English-speaking Commonwealth country with a common law legal system and a stable government.

Population 114,300
Languages English
Economy Tourism-based
Currency Eastern Caribbean dollar

Citizenship by Investment Overview

The Grenada Citizenship by Investment Program requires applicants to make a significant economic contribution to the country.

Investment

Minimum contribution of USD 150,000

Processing time

Three–four months

Key benefit

Freedom of travel to Grenada, China, Russia, Singapore, the UK, and Europe’s Schengen Area, among others

Benefits of Grenada Citizenship by Investment

Requirements of Grenada citizenship by investment

To qualify for citizenship, the primary applicant must be over 18 years of age, meet the application requirements, and satisfy one of the two primary qualifying options:

National Transformation Fund donation option: A minimum non-refundable contribution to the NTF of USD 150,000 for single applicants

Real estate option: A purchase of at least USD 220,000 from a government-approved real estate project. An additional minimum non-refundable contribution of USD 50,000 applies for this option. The real estate must be held for five years if it is resold as a qualifying investment to another citizenship by investment investor. Alternatively, it can be sold at any point after purchase

Procedures and time frame of Grenada citizenship by investment

The application process for Grenadian citizenship is efficient and uncomplicated, and the applicant is not required to visit Grenada to complete the process.

The Grenadian citizenship by investment application pack will be delivered to you by Henley & Partners. It will include all the relevant documentation, accompanied by detailed instructions. Once everything is returned to us, we will double-check the application for completeness and accuracy to minimize the possibility of rejection.

Once an application is submitted, the government generally provides an answer within 90 days. Passports for successful applicants will be issued within 10 working days. Applicants are not required to pick up their passports in person. Henley & Partners will coordinate the collection process and send the passport(s) to the client.developer for the citizenship application.

Under the real estate option, the time frame may vary depending upon the project. Therefore, it is important to select a real estate project that is able to provide the necessary paperwork from the developer. Henley & Partners will guide you in this regard.

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