Grenada Citizenship by Investment

Overview of Grenada Citizenship by Investment Programme

Grenada’s Citizenship by Investment programme was introduced in 2013 and offers a low-cost entry for a second citizenship and passport. Applicants from all countries are welcome but are subject to strict due diligence checks. The programme attracts many high-net-worth investors from all over the world looking to increase their family’s global mobility and obtain the security of a second citizenship in Grenada. Successful applicants will be granted Grenada citizenship, a certificate of naturalisation and a passport which will enable them to gain visa-free travel to more than 153 countries worldwide. Grenada’s Citizenship by Investment programme has helped bring substantial foreign investment to the country, funding government-sponsored projects as well as boosting the general economy and creating jobs for local people.

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How to Obtain Grenada Citizenship through Investment

Grenada’s Citizenship by Investment programme offers two main investment options through donation and real estate. The government’s donation route requires a minimum contribution of $150,000 to Grenada’s National Transformation Fund (NTF). Alternatively, a minimum real estate investment of US$220,000 in a government-approved project is required. In addition, related government application fees and due diligence fees apply.

Grenada Citizenship by Investment Requirements

In addition to making the necessary investment or donation there are several requirements that applicants must meet for Grenada.

Family Requirements

Family members can be included in the application for Grenada citizenship. The main investor can include:

• Spouse
• Dependent Children
• Dependent Parents over 55 years
• Siblings over 18 years old, must be unmarried with no children

Due Diligence Requirements

All applicants will need to be of good character and undergo the Grenada government’s due diligence formalities. Investors must provide:

• Police Reports – evidence of a clean criminal record
• Have no outstanding visa refusals
• Various documentation, including financial documents, employment/ business documents, ID, proof of address

Minimum Stay Requirements

Grenada’s Citizenship by Investment programme does not require applicants to meet any minimum stay requirements. Grenadian citizens will have the right to live, work or study in Grenada should they choose to, but this is not a pre-requisite of the programme. There is also no language test required.

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How Much Does Grenada’s Citizenship by Investment Programme Cost?

Grenada Citizenship by Donation

Grenada’s Citizenship by Donation programme requires a non-refundable contribution to the governments National Transformation Fund (NTF) from $150,000 for a single applicant, or $200,000 for a family of up to four people. Additional due diligence and processing fees are also applicable and will vary depending on the applicant’s age and the size of their family.

Grenada Citizenship by Real Estate Investment

Applicants can also gain citizenship in Grenada by investing in government-approved real estate developments, such as hotel resorts and touristic properties, by investing a minimum of $200,000 (resalable after 7 years) or $400,000 (resalable after 5 years). La Vida offers a selection of established projects, including exclusive five-star resorts which are managed by globally recognised hotel brands and built by the Caribbean’s most reputable developers. Most options offer a return, and the real estate can be sold after a mandatory holding period, allowing you to release your capital without affecting your citizenship status.

How Long Does It take to Get Citizenship by Investment in Grenada?

From the date the application is submitted to Grenada’s Citizenship by Investment Unit (CIU), applications take an average of 3-4 months to be processed. Prior to submission, most applicants typically take between 2-6 weeks to gather all their documentation. La Vida’s in-house processing team will assist applicants with this entire process and the application can be filed remotely, no need to travel.

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Important Note: La Vida ( Licence No. GCBI-MA-70) is an authorised representative, approved by the CIU and Grenada government to promote Grenada’s Citizenship by Investment programme. We are more than happy to provide a copy of our letter of appointment from the government for any potential applicant wishing to work through our company. 

Benefits of Grenada’s Citizenship by Investment Programme

Once investors have successfully been granted Grenada Citizenship, they will be issued with a Grenada passport. Grenadian passport holders benefit from visa-free access to 153 countries and territories worldwide according to La Vida’s Unique Passport Investment Report. This represents more than half of the world’s GDP and includes access to the EU Schengen zone, UK, Hong Kong, Singapore and more.

Read more in our Grenada Passport Investment Report.

• Visa-Free Travel to 153 countries and territories worldwide
• Security of a Plan B Passport
• No requirement to relocate to Grenada
• No language test
• Diversify your assets outside of your current region
• Live, Work and Study in Grenada and other CARICOM nations
• Tax-free incentives for residency

Advantages of Adding a Grenada Passport

Key to investing for a second citizenship and passport is understanding exactly how your existing passport combines to provide visa-free access worldwide. Not only measuring the number of visa-free destinations but giving weight to the importance and popularity of those destinations. Only La Vida provides such comprehensive analysis for the Grenada Passport and for passports through other citizenship investment programmes by using sophisticated measures developed for business and leisure travel. Contact us and speak to one of our advisors for your free report tailored to your existing citizenship and passport.

Buying Real Estate in Grenada

Grenada is a vibrant island, known as the ”Island of Spice”. The politically secure country is rich in culture and history and blessed with beautiful beaches, lush rainforest, mountain peaks, all year round sunshine and impressive marinas. There is a selection of government-approved real estate projects available in Grenada that qualify for citizenship through real estate investment. La Vida focuses on the most established projects being built by accredited developers with a strong track-record. Speak with our advisors to establish the best option for you.

How Can La Vida Help You?

Only certain international agents are authorised to promote the Grenada’s programme although many operate as sub agents. La Vida is approved by the Grenada’s government to promote the Grenada Citizenship by Investment programme directly as we are for the other four Caribbean countries offering citizenship through investment. Around 10% of all applicants for the Grenada Citizenship Investment program came through La Vida in 2021. As one of the largest international agents for the Grenada program we can provide potential applicants with the necessary experience and advice on Citizenship by Investment for Grenada and other Caribbean options. La Vida is one of the world’s leading investment migration companies and has extensive global reach with our expert team having helped clients in over 150 countries worldwide.

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