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grenada, flag, national flag

ABOUT GRENADA

Grenada, known as the ‘Isle of Spice,’ is one of the most magnificent islands in the West Indies. Unspoilt and exotic, it astounds visitors with its wildly jagged mountain peaks, hidden coves, spice plantations, and lush verdant rainforests. Its beaches are idyllic, with white or golden sand, palm trees, and the delicate aroma of the island’s native spices.

BENEFITS OF GRENADA CITIZENSHIP

  • Unrestricted right to live, work, travel and study anywhere in the Caribbean Community (CARICOM).
  • Visa-free and visa-on-arrival travel to 143 countries including the UK and all other members of the EU.
  • Grenada has no foreign income, wealth, gift, inheritance, or capital gains tax.
  • Grenada offers an incredible range of attractions for both the visitor and resident. Because of its warm Caribbean climate, a variety of outdoor activities are available for both adventure and relaxation.
  • Grenadian citizens are eligible for a US E2 visa to start a business in the United States.
LOCATION: Eastern Caribbean
CAPITAL CITY: Saint George’s
TOTAL AREA: 344km
TIME DIFFERENCE: UTC-4
LANGUAGE: English (official), French Patois
RELIGION:
Roman Catholic: 53%
Anglican: 13.8%
Other Protestant: 33.2%
GOVERNMENT TYPE: Parliamentary Democracy
CURRENCY: Eastern Caribbean Dollars (XCD), pegged to USD
GDP (PER CAPITA): $13,800 USD
POPULATION: 110,152
AGE STRUCTURE:
0-14yr:24.5%
15-24yr:16.5%
25-54yr:40.3%
55-64yr:9.2%
65yr+:9.2%

Grenada’s Citizenship by Investment Program allows individuals and their families to obtain citizenship by registration following an investment in an approved project in Grenada. The Citizenship by Investment Program came into being in August 2013, when the Grenadian Parliament passed Act No. 15 of 2013, otherwise referred to as the ‘Grenada Citizenship by Investment Act, 2013.’

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DUAL CITIZENSHIP

Dual citizenship offers an effective tool for international tax planning and provides financial privacy for banking and investment. It improves personal security, enables freedom of movement and allows access to the best healthcare and education opportunities.

KEY MOTIVATORS

  • International Mobility
  • Lifestyle Benefits
  • Healthcare & Education
  • Taxation & Succession Planning
  • Investment Opportunities
  • Enhanced Financial Freedom

INVESTMENT CRITERIA

NATIONAL TRANSFORMATION FUND (NTF)

Minimum Investment – $150,000 USD
This option involves making a non-refundable payment to Grenada National Transformation Fund (NTF) . The applicant must deposit a total of $150,000 into the NTF for a single applicant or $200,000 for a family of up to four persons.

REAL ESTATE INVESTMENT

Minimum Investment – $220,000 USD
A minimum investment of $220,000 USD is required into one of the GCBI approved projects. In addition, there is a $50,000 government fee for a family of up to four persons. Additional dependents can be included for an added fee

Minimum Investment – $350,000 USD
A minimum investment of $350,000 USD is required into one of the GCBI approved projects. In addition, there is a $50,000 government fee for a family of up to four persons. Additional dependents can be included for an added fee

VISA-FREE TRAVEL TO 143 COUNTRIES AND TERRITORIES
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* Visa on Arrival
** eTA

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