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. Almost one-quarter of the Spice Island is preserved in national parks or wildlife sanctuaries.

The nation of Grenada, measuring 344 km2, is composed of three key islands: Grenada and its sister islands Carriacou and Petite Martinique. Each is beautiful and rich in culture, historic sites, fresh culinary delights, and much more. Carriacou is only a 90-minute boat ride from St. George’s, the nation’s capital city.

Grenada was a French and British colony, but gained independence from the United Kingdom on February 7, 1974.

Ecotourism is growing in significance. Most small eco-friendly guesthouses are located in the Saint David and Saint John parishes. The tourism industry is increasing dramatically with the construction of a large cruise ship pier and esplanade. Large-scale tourism is a recent phenomenon, and Grenada is largely undiscovered, unspoilt and full of opportunity.

Grenada’s population is highly educated and has a very high literacy rate. The government has prioritised education, spending 10.3% of its budget to the sector in 2016, the third highest rate in the world. Literacy rates are very high, with 98.6% of the population being able to read and write. St George’s University hosts 6,000 students from over 140 countries, offers faculties of Medicine and Veterinary Science, and has been operating for thirty-five years. In addition, a full medical teaching hospital will be developed in the near future.

Grenada’s Citizenship by Investment Programme, launched in 2013, was awarded the Best International Citizenship Programme by a panel of experts at the Awards Ceremony of the Russian HNWI Forum Spain.

Key reasons why Grenada is the most favoured second passport:

  • ◆   Low entry cost of $220,000 investment;

  • ◆  Applicants can include spouse, dependant children up to 30 years age, unmarried siblings, parents and grandparents;

  • ◆  Freedom of Global Mobility - Visa-free travel to 131 countries including the United Kingdom, Europe, Russia and China;

  • ◆  E-2 Treaty with the United States allowing citizens to apply for E2 Visa;

  • ◆  Pristine Island to retire, or have a second home in the sun.

Grenada - Citizenship by investment

The Grenadian Citizenship by Investment Programme allows individuals and their families to obtain citizenship and came into being in August 2013, when the Grenadian Parliment passed Act No. 15 of 2013, otherwise referred to as the ‘Grenada Citizenship by Investment Act, 2013.’ The stated objective of the Act is to “enable persons to acquire permanent residence and citizenship of Grenada by registration following invesments in Grenada.”

Key Requirements

Investment Requirement
  • $220,000 (in an approved project) OR

  • $350,000 (in own residence) OR $200,000 (in Govt. Donation)

One-time Govt. Fees
  • $50,000 (for a family of 4)

  • $75,000 (Additional Dependant - unmarried sibling above 18 years age)

  • $50,000 (Additional Dependant - parent or grandparent under 56 years age)

  • $25,000 (Additional Dependant - others)

Processing Time

3-6 Months

Minimum Age

18 years

Includes

Spouse and/or dependant children upto 30 years age.

Must Haves
  • Investment Documents and Source of Funds

  • Clear background check (Due-diligence)

  • Police Clearance Certificate

  • Character Reference and Bank Reference Letters

  • Proof of Address and Affidavits

Must Not Haves
  • Political exposition or pending criminal cases in home country

  • Deportation from or Visa denial to UK, Europe, USA and other visa-reciprocity countries

Visa-free travel

To over 130 countries including UK, Europe, China and Russia

USA E-2

Grenadian citizens are eligible to apply for USA E2 Visa

Stay Requirement

No stipulated requirement to reside in Grenada  

Dual Nationality

Permitted without any requirement to notify the applicant’s home country

Investment Period

5 years

USA E2 Requirements

We will advise based on circumstances. Offers available starting at $150,000