Grenada
Grenada is an island country lying in the Eastern Caribbean Sea and bordered with Atlantic Ocean near to Florida. It is known for “Spice Island” since it is the leading producer of several different spices. “Nutmeg” is the most important lead export that even appeared in the national flag. Other principal exports include: banana, cocoa, fruits, vegetables, apparel industry, chocolates and fish.
- Capital Saint George
- Official Language English
- Official Currency East Caribbean Dollar
- Area (km2) 350 km²
- Population 125,438
About Grenada
Grenada, is a home to four ecoregions: Windward Islands moist forests, Leeward Islands dry forests, Windward Islands dry forests and Windward Islands xeric scrub. Grenada’s spending on education is the third highest worldwide. Noting that it has more than 6000 international students from more than 140 country worldwide. Independence was granted on 7th February, 1974 and became a member of the Commonwealth of Nations. The country celebrates that date as a public holiday. Grenada has many beaches around its coastline, including the 3 km “Grand Anse Beach” in St. George’s that is known as one of the beast beaches worldwide. The country’s main airport is Maurice Bishop International, connecting the country with other Caribbean Islands, the United States, Canada and Europe. There is also an airport in Carriacou.
Investment Visa History
Contribution from
150,000 USD
Real Estate from
220,000 USD
Processing Time
4 – 6 months
Visa-Free Countries
+148
Member of
UN
Commonwealth
OAS
CARICOM
OECS
Alianza Bolivariana para los Pueblos de Nuestra América (ALBA)
Most Important Benefits
Ranked 30th worldwide, and Grenada’s passport holders benefit from the free movement to more than 145 countries without a visa including: United Kingdom, Ireland, Schengen Area, China, Hong Kong, Malaysia, Singapore and other countries
EDUCATION: Grenada’s spending on education is the third highest worldwide
ECONOMY: Relying on exporting apparels and handicrafts
BUSINESS SECTOR: The opportunity to open bank accounts and establish businesses whether in the Country or outside it.
FREEDOM OF TRAVEL: Traveling freely to more than 147 countries worldwide including the European countries and the United Kingdom
NATIONALITY: Can be passed on to children and grandchildren
RESIDENCY: No minimum stay is required to obtain citizenship
AGREEMENT WITH THE UNITED STATES: Applicants are eligible for E-2 Investor Visa within the United States
LANGUAGE: No language requirements to acquire the citizenship
DUAL CITIZENSHIP: Grenada nationals are allowed to have dual nationalities without renouncing their original one
PRIVILEGES: Benefiting from healthcare and educational services
SECURITY: Enjoys a safe and politically stable environment due to the exchange rate stability versus the United Sates
TAXES: No taxes on capital gains, wealth, inheritance, or income
TOURISM: Has the most spectacular forests in the Caribbean countries. And the leading producer of nutmeg, cocoa, fruits, and vegetables.
Conditions required to obtain citizenship
Requirements to apply for citizenship by investment program
Passing the due diligence check for applicants aged over 16 years.
No problems related to the threat of national security, terrorism or criminal offenses.
The main applicant must be at least 18 years old.
Owns the minimum investment amount of one of the investment options either the contribution or the real estate investment.
Submitting the required documents to the Government.
No refusal on the last UK visa application.
Types of investments to obtain citizenship:
Interview fees: 1,000 USD for each person aged 17 or above and added to the application (POSTPONED)
Noting that other fees will be added related to the professional service and lawyers’ fees along with consulting fees. In addition to other governmental fees depending on the family structure
Non-refundable contribution to the National Transformation Fund
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Non-refundable Contribution Fees Single Main Applicant 150,000 USD
150000 USD
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Real Estate Investment
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Required Investment Amount Single Main Applicant Buying real estate shares not less than 220,000 USD
220000 USD
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Visa-Free Travel or E-Visa
HISTORICAL RANKS
