Grenada Citizenship by Investment - Secure Your Future with SAIBD
The Grenada Citizenship by Investment Program was launched in August 2013 when the Grenadian parliament passed the Citizenship by Investment Act, 2013. Henley & Partners was formally mandated in 2016 by the Government of Grenada to revitalize, enhance, and relaunch the program globally.
Investment: Minimum donation of USD 150,000
Processing time: Three–four months
Key benefit: The right of free movement to Grenada, China, Russia, Singapore, the UK, and Europe’s Schengen Area, among others
Benefits of Grenada Citizenship by Investment:
—–Visa-free or visa-on-arrival access to over 140 destinations, including China, Hong Kong, Singapore, the UK, and Europe’s Schengen Area
—–The only Caribbean citizenship by investment program that holds an E-2 Investor Visa Treaty with the USA, allowing citizens to be eligible to apply for a non-immigrant visa after being domiciled in Grenada for a continuous period of three years
—–Citizenship transferable to new spouses and future generations
—–The ability to include a spouse, children under 30, unmarried siblings aged 18 and over, parents, and grandparents of the main applicant and spouse
—–No restrictions on dual citizenship in Grenada.
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.
Procedures and Time frame of the Grenada Citizenship by Investment Program
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.
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. For more information on securing your future with SAIBD.