Table of Contents
The program requirements
As an applicant, you will make an investment of $150,000 in an approved real estate project. You may also pay additional fees and due diligence costs.
| Program | Grenada Citizenship by Investment |
|---|---|
| Government program | Yes |
| Application processing time | 3-4 months |
| Minimum capital | USD 150,000 |
| Investment holding period | N/A |
| Visa-free or visa-on-arrival Access | 143 countries |
| Key visa-free travel destinations | UK, Schengen Area, China, UAE, Singapore, Hong Kong, Russia |
| The Right to live, work, and study Without Restriction In | Grenada, other CARICOM countries |
| Free public education for citizens | Yes |
| Free or subsidized primary healthcare for citizens | Yes |
| Dual citizens permitted | Yes |
What would the cost be?
The cost of Grenada’s citizenship by investment program varies based on the investment option selected and other variables like the number of family members included in the application. In addition to making a minimum investment, applicants must also pay various government fees and costs associated with due diligence checks.
The advantages of Grenada citizenship
Grenada’s citizenship by investment program offers several advantages to investors, such as visa-free travel to over 140 countries including the UK, EU Schengen area and China. Furthermore, investors and their families can live and work in Grenada, reap tax advantages and access the country’s education and healthcare systems.
Procedures involved and timeline
Grenada’s citizenship by investment program typically takes three to four months, depending on the investment option selected and the individual circumstances of each applicant.
Reasons to visit Grenada
Grenada’s citizenship by investment program aside, Grenada is a popular tourist destination as well. Visitors can savour its stunning natural splendour – white sandy beaches, lush rainforests and the world-renowned underwater sculpture park – plus experience the country’s vibrant culture through music festivals, food events and celebrations.
Facts to know about Grenada:
Grenada’s official language is English. The local currency is the Eastern Caribbean dollar, though US dollars are widely accepted. Because of its abundance of spices such as nutmeg, cinnamon, and cloves – Grenada has earned itself the nickname “Spice Isle.” In 1974 it gained independence from Britain for all practical purposes. Grenada is part of the Commonwealth of Nations.