Grenada Citizenship/Permanent Residence by Investment Program

In 2013, the Government of Grenada created two Investment Program; Citizenship by Investment Program and Permanent Residency by Investment Program to attract investors of good character.

The Citizenship by Investment Program allows applicants to invest in real estate, or other approved project, and become instant citizens of Grenada with no residency requirement. Citizenship is granted in 4-6 months, and passports may be quickly obtained thereafter.

The Permanent Residency by Investment Program allows applicants to become permanent residents of Grenada, reside there for minimum 2 weeks, then apply for citizenship and passports within one year.

Investor Qualifications

• Be 18 years of age or older,
• Possess a valid passport and reside legally in a country,
• Make a qualified investment for a period of five years,
• Pass medical tests,
• Pass a due diligence check, no criminal record.

The Citizenship by Investment Program (Instant Citizenship) requirements

• Minimum investment of USD $250,000 in a Government-approved real estate or other project in Grenada (held for at least 3 years),
• Apply for citizenship (Granada passport) right away.

The Permanent Residence by Investment requirements

• Fund transfer of USD $200,000 to the Government’s National Transformation Fund,
• Visit a consulate or embassy of Grenada within 6 months,
• Reside in Grenada for only two weeks (within 1 year),
• Apply for citizenship (Granada passport) after one year.

Benefits of Grenada Citizenship/Permanent Residency Program

• Fast Government processing (within four to six months),
• Second citizenship may allow children to avoid military service in their home country,
• Visa-free travel to many countries worldwide,
• Bring your spouse, children under 25
• Bring your father, mother, grandfather, and grandmother over 65 years old
• No maximum age limit,
• No net worth requirement,
• No interview,
• No minimum education level,
• No language requirement,
• No management experience requirement,
• Citizenship is in a British Commonwealth country,
• Allow dual citizenship, no need to renounce the current citizenship,
• Off-shore bank accounts, investments, and companies give unique opportunities for business and tax planning.