Grenada Citizenship by Investment is a program that allows individuals and their families to obtain citizenship in Grenada by making a significant economic contribution to the country. 

Grenada’s Citizenship by Investment program has attracted significant foreign investment to the nation, funding government-sponsored projects while also boosting the overall economy and adding jobs for locals. High-net-worth investors from all over the world are drawn to the program in large numbers as they seek to secure second citizenship in Grenada and broaden the global mobility of their families.

 

Grenada Citizenship Benefits

If you are a Grenada citizen, you can enjoy numerous advantages. 

• Visa-free or visa-on-arrival travel to around 120 countries and territories worldwide while holding a Grenada passport
• No wealth, gift, inheritance, foreign income, or capital gains taxes
• No requirement to live in Grenada before or after getting the citizenship
• Allow dual citizenship: individuals can retain their current citizenship while also becoming citizens of Grenada
• A stable political system, low crime rates, and a peaceful environment

 

Grenada Citizenship by Investment Overview

The following family members of the main applicant can be included in the application for Grenada citizenship:

• Spouse
• Children under the age of 30
• Parents and grandparents 
• Unmarried siblings

 

Grenada Citizenship by Investment Options

Under this program, individuals can obtain Grenadian citizenship by making a financial investment in one of the approved options. The main investment options include:

• National Transformation Fund (NTF)
• Approved Projects – Real Estate Investment

In addition to the financial investment, applicants must also meet certain eligibility requirements, including passing due diligence checks, having a clean criminal record, and being in good health.

 

National Transformation Fund (NTF)

In 2013, the National Transformation Fund (NTF) was established with the aim of fostering Grenada’s economic growth and self-sufficiency. By financing a range of projects across industries such as tourism, agriculture, and alternative energy, the NTF plays a pivotal role in advancing Grenada’s prosperity. Investors who choose to donate to the NTF gain a genuine sense of having positively contributed to the welfare of their adopted nation.

For individuals considering the NTF option, a minimum contribution of USD$200,000 is required. The following chart outlines the expenses and fees associated with this pathway.

NTF Donation	Individual Applicant	Main Applicant + Spouse	Family of 4 Family Members	Family over 4 Family Members
Required Contribution Amount	USD$150,000	USD$200,000	USD$200,000	USD$200,000 + USD$25,000 per additional dependant after the 3rd dependant
Application Fee	USD$1,500	USD$1,500 per person	USD$1,500 per person	USD$1,500 per person
Due Diligence Fee	USD$5,000	USD$5,000 per person	Dependent Child 0-16: Nil
			Dependent 17 and over: USD$5,000
Processing Fee	USD$1,500	USD$1,500 per person	Aged 18 and over: USD$1,500 per person	Aged 18 and over: USD$1,500
			Aged under 18: USD$500	Aged under 18: USD$500

 

Approved Projects – Real Estate Investment

Investors aiming to obtain Grenadian citizenship through investment have the option to participate in Government-approved projects. Currently, these projects primarily revolve around real estate developments such as hotels, villas, and resorts. Given the flourishing tourism industry and the increasing need for accommodations, investing in real estate developments presents lucrative prospects for those seeking substantial returns on their investments.

Individuals who choose the approved project (real estate) pathway must commit a minimum investment of USD$220,000. Furthermore, they are required to maintain ownership of the real estate for a minimum period of 5 years from the date of citizenship granted. The following chart provides an overview of the expenses and fees associated with this option.

Real Estate Option 1	Single Applicant	Main Applicant + Spouse	Family of 4 Family Members	Family over 4 Family Members
Required Contribution Amount	USD$350,000	USD$350,000	USD$350,000	USD$350,000
Government Fee	USD$50,000	USD$50,000	USD$50,000	USD$50,000 + USD$25,000 per additional dependant after the 3rd dependant
Application Fee	USD$1,500	USD$1,500 per person	USD$1,500 per person	USD$1,500 per person
Due Diligence Fee	USD$5,000	USD$5,000 per person	Dependent Child 0-16: Nil Dependent Child 17 and over: USD$5,000
Processing Fee	USD$1,500	USD$1,500 per person	Aged 18 and over: USD$1,500 Aged under 18: USD$500	Aged 18 and over: USD$1,500 Aged under 18: USD$500

 

Real Estate Option 2	Single Applicant	Main Applicant + Spouse	Family of 4 Family Members	Family over 4 Family Members
Required Contribution Amount for Section 11	Minimum of USD$220,000 (for each share in the unit)	USD$220,000 (for each share in the unit)	USD$220,000 (for each share in the unit)	USD$220,000 (for each share in the unit)
Government Contribution for Section 11 Approved Project Investment	USD$50,000	USD$50,000	USD$50,000	USD$50,000 + USD$25,000 for each additional dependent

 

Why Choose TWA?

We highly recommend interested applicants use representatives or agents to apply for the Citizenship by Investment Program.

These professionals have expertise and knowledge in the application process, ensuring that applicants meet all requirements and submit accurate applications. They can help streamline the process, provide access to networks, and facilitate communication with relevant authorities. Agents also offer support during the due diligence process, ensuring compliance with legal regulations. Moreover, they can bridge language and cultural gaps for applicants unfamiliar with the country’s official language or culture. 

However, it’s crucial to choose reputable professionals authorized by the government to ensure a successful and smooth application process.