Grenada – Citizenship by Investment
About Grenada & Its Immigration Program
Grenada, popular as the ‘Isle of Spice,’ is one of the most magnificent islands in the West Indies. It astounds visitors with its mountain peaks, hidden coves, spice plantations, etc.
Grenada is a member of the Commonwealth and CARICOM along with established air links to Europe and North America. The Grenada Citizenship by Investment Program was passed by the Grenadian Parliament Act No. 15 in 2013.
Grenada is a member of the Commonwealth and CARICOM along with established air links to Europe and North America. The Grenada Citizenship by Investment Program was passed by the Grenadian Parliament Act No. 15 in 2013.
Benefits of Becoming a Grenadian Citizen
A well-known, stable, and established investment country
Visa access to travel without restrictions to more than 130 international and Commonwealth countries
Travel to China without a visa
Absence of foreign income tax, wealth, gift, inheritance, or capital gains tax
Dual citizenship is allowed
Can I Qualify to Invest and Work in the USA through the E-2 Visa?
Grenada is the only Caribbean country that allows settlement in the USA through the US E2 non-immigrant visa, i.e., the Investor visa.
The treaty allows an individual to enter, invest and reside in the United States on the basis of a self-controlled investment.
Interested in getting a second citizenship but wondering if Grenada would be the right fit? Contact us today to find out if this program would be best for you.
Nysa Global’s Citizenship by Investment Program for Grenada
Program Highlights
- Processing within 4 months
- Citizenship and passport for you, your spouse, parents, or grandparents of your spouse or you, and children under 29
- Your or your spouse’s siblings, whether biological or adopted, aged at least 18, single, and with no children can also apply
- Mentally or physically challenged dependent children or parents also qualify
- Physical presence in Grenada is not required
- No restrictions on the passing of citizenship down generations
- Citizenship is irrevocable and lifelong
- A strictly confidential application process
- Interview, education, or management experience not required
Grenada Citizenship by Investment Program Guidance
Everything you need to know about the Grenada – eligibility factors, application process to timeline associated and much more.
Option 1: DONATION – The National Transformation Fund (NTF)
The National Transformation Fund (NTF) is a Government fund that finances projects benefiting and diversifying Grenada’s economy. Under this route, you will be liable to a one-time contribution of at least $150,000 to the NTF. You may either apply for citizenship directly or apply for permanent residency first, followed by your citizenship application. It is advisable to make this contribution through an authorised agent as opposed to doing it yourself.Option 2: INVESTMENT – Approved Project (Real Estate) in Grenada
Under this route, you must invest a minimum of $220,000 and keep the real estate for at least 5 years after receiving citizenship. You must invest through an Authorised Local Agent. As the main applicant, you must also demonstrate that you:- Are 18 or above
- Are healthy
- Have enough funds from legal sources to fulfil the investment requirement
- Have a clean criminal record
- Have not been previously denied a visa to a country with which Grenada has visa-free travel agreement and have not subsequently obtained a visa to the country that issued the denial.
- Step 1 Select an authorised immigration expert and agent.
- Step 2 Complete official forms, attend a medical examination and collect supporting documents in English with appropriate legalisation. Reserve any real estate purchases with a sale and purchase agreement.
- Step 3 Authorised Local Agent will apply to the Executive Office of the CBIC (Citizenship by Investment Committee).
- Step 4 Your information will be examined and verified.
- Step 5 Minister will grant final approval following the CBIC’s recommendation.
- Step 6 A letter will be issued to you detailing whether your application is successful, delayed for further processing, or rejected.
- Step 7 If successful, a letter from the CBIC will instruct you to either make the NTF contribution or purchase real estate.
- Step 8 After receiving proof of payment, your certificate of registration will be issued by CBIC confirming your Grenadian citizenship.
- Step 9 Authorised Local Agent will apply for your Grenadian passport using the registration certificate.
- Processing is quick and usually happens within 3-8 months.
Costs/expenditure besides Nysa’s fees
NTF DONATION OPTION:
- Application fee – $1500 for each applicant.
- Due Diligence Fee – $5000 per person including the main applicant, spouse or dependent children between 17-25. There is no fee for a dependent child below 16 years.
- Processing fee – $1500 per person except for a child under 18 years for whom it will be $500.
REAL ESTATE OPTION:
- Government fee – $50,000 per applicant.
- Application fee – $1500 for each applicant.
- Due Diligence Fee – $5000 per person including the main applicant, spouse or dependent children between 17-25. There is no fee for a dependent child 16 years or below.
- Processing fee – $1500 per person except for a child under 18 years for whom it will be $500.
Documentation Required for the Grenada’s Citizenship by Investment Program
Documents required for you, your spouse, children and parents:
- Form 1 – Personal Information
- Form 2 – Fingerprints
- Form 3 – For the Office of Home Affairs
- Form 4 – Medical
- A certificate from the police
- Passport application form
- Certified copy of all passports (including expired ones)
- Certified copy of the birth certificate
- Passport size photos
- Residential status proof
Forms and documents required from the main applicant ONLY:
- Approved project sales document (under the real estate route)
- Form 5 – Employment status, wealth, and business affiliates
- Form 6 – Confirmation of investment
- Proof of source of funds
- An original reference letter issued by an internationally recognized bank, not older than 6 months
- Original bank statements for the past 12 months
- One original professional reference (e.g., from an attorney, notary public, chartered accountant, etc.) – not older than 6 months
- Original employment letter
- Detailed business background reports/resume/CV
- Original excerpt of marriage record or certified copy of marriage certificates with MOFA attestation (if applicable)
Not Sure Where to Begin? Don’t worry, Nysa Global will help you every step of the way with a clear roadmap.
Other Programs
Residency by Investment:
Under this program, if you are entitled to permanent residency granted by the Minister, you will be allowed to reside in Grenada but restricted from working without a work permit.
Why Us?
What Sets Us Apart
As pioneers in the field of immigration, we’ve brought many firsts to India, especially the Expedited EB-5 Program for USA.
Global network of 50+ industry leaders
Migration process backed by experts
98% success rate
No one-size-fits-all approach
testimonials
What Our Clients Say
FAQs
Investments can only be made in a government approved real estate project.At Nysa, we vet projects first-hand to give you sound and current advice on reputable developer projects. We will check the contracts on your behalf, pick the units worth renting or selling post holding period and negotiate the best package for your needs.
No, the citizenship is yours for life.
English is not a requirement.
Yes, with the EB-5 immigrant investor visa to the United States becoming expensive, more and more Indians are choosing to migrate to the US using their Grenada citizenship. Get in touch with us to understand the process in detail.
