GRENADA

• Fast processing within four months.
• Inclusion of dependent children under 30.
• Inclusion of dependent parents and unmarried siblings(additional fees apply)
• Parents of the principal applicant or spouse, over 55, who are fully dependents on the principle applicant and spouse (additional fees apply).
• No physical residency requirements.
• No requirement to travel to Grenada during the application process.
• No interview, education or management experience required.
• Visa-free travel to over 125 countries, including Europe’s Schengen zone.
• E-2 Visa Program signed between Grenada and the United States allows citizens of Grenada to operate a substantial business in the U.S. and reside therein.
• No tax on worldwide income.

Option 1: Investing in Real Estate in a Government Approved Project

The Government determines which real estate projects meet the established threshold to be designated as Approved Projects  which they become eligible to participate in the Program. With the increasing demand for tourism related accommodation in Grenada, most of the approved projects are hotel resorts and villas. This augurs extremely well for the investor in the real estate option of the Citizenship by Investment Program as the investment attracts excellent returns. There is a minimum fund required to invest in property. A property acquired under this Option may be resold after a very short period, that is, only 3 years following the grant of citizenship, two investor may share ownership of a unit in a tourism accommodation approved projects, and invest US$ 220,000 each

Option 2: Donation to the National Transformation Fund (NTF)

The National Transformation Fund (NTF), which was established in 2013 aims at providing support to various sectors in the economy tourism, agriculture and alternative energy. Donations to the NTF facilitate the transforming of the economy of Grenada to one that is more self-reliant and sufficient.