Grenada is a British Commonwealth Country, independent since 1974, with a population of approx 110,000 people across three main Caribbean islands: Grenada, Carriacou and Petite Martinique. It’s capital is St. Georges and St. George’s University is a U.S. offshore university.
Introduced in 2013, the Grenada Citizenship By Investment (CBI) program is an inexpensive and fast path to a second citizenship. Applicants can receive a passport in as little as 3 months. Grenada is a country that welcomes international families with strong travel benefits, no worldwide taxation and no residency requirement.
Since Grenada holds an E-2 treaty with the United States, a global family can get Grenadian citizenship, and then purchase or start a business in the US, taking residency in American in less than one year.
As one of the most recently created citizenship by investment programs, it has had an increasing number of applicants year after year and has raised US$166 million in 2019, 13% more than its 2018 record. Since its inception, over US$ 150 million have been raised. There are two qualifying investment options to apply for the CBI Program, a contribution to a government fund or an investment in a pre-approved real estate project.
The fund intends to increase Foreign Direct Investment in the country and finances projects at key industries, developing Grenada’s economy.The National Transformation Fund (NTF) application requires a non-refundable contribution of $150,000 for a single applicant or USD 200.000 for a family up to 4 members.
A real estate investment can be made through a government approved project with a minimum of $220,000 per investor plus a minimum non-refundable contribution of USD 50,000. The property investment can be sold after 5 years to return capital.
For both the NTF and real estate options, an additional USD 25,000 contribution is required for each additional family member after three dependents are included.
The application is processed exclusively through a licensed, government-approved agent and it includes government vetting in which criminal records are verified, as well as if all applicants are in good health and not involved in activity that is likely to cause disrepute to Grenada.
Independent since 1974, Grenada is a British Commonwealth Country
Population of approx 110,000 people across three main islands: Grenada, Carriacou and Petite Martinique
St. George’s University is a U.S. offshore university
LCR’s real estate investment trust is pre-approved at $220,000 level
Dual citizenship is accepted
Travel to Grenada is not required during application
TIME TO CITIZENSHIP
Approved Real Estate Development or Real Estate Trust
Investor, Spouse, Dependent Children up to age 30, siblings and parents over 55
Over 125 countries including the UK, Europe & China
5-year Entry Visa to USA
Min $220,000 plus fees depending on number of dependents
The application is submitted to the government and an approval is received within 90 days. The applicant can, then, make the investment and wait for the citizenship documents to be issued. There is no need to be present in the country at any step of the application.
APPLICANT APPOINTS AGENT
COMPLETE OFFICIAL FORMS
EXECUTE PSA & MAKE INITIAL PAYMENTS
SUBMISSION TO CBI & PROCESSING
GOVERNMENT FEES & PROPERTY PURCHASE
CERTIFICATE OF REGISTRATION & PASSPORT
Grenadian citizens can apply for the non-immigrant investor visa E-2 and obtain residency in the U.S by making a substantial investment (c. $150,000) in a U.S. business in which the investor owns at least 50%, “developing and directing” the business.
E-2 visas can be processed in as little as 6 weeks from submission of a business plan and it allows investors’ spouses and children to work and study anywhere in the U.S.
Know more about the E-2 investor visa here.