Confidential Consultation

I Visa Services

+961 81 333539

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Grenada CITIZENSHIP

Overview

Grenada’s citizenship by investment and second passport program is the only program in the Caribbean that allows Visa Free access to China in addition to all Schengen States, the UK, and Singapore. Grenada has the 39th strongest passport and gives its citizens the option of E-2 USA ‘INVESTOR VISA’ that could down the line lead to a Green Card. You and your family will obtain an irrevocable dual citizenship and second passport without having to move away or renounce your current nationality. The Citizenship by Investment Program reopened in August 2013, when the Grenadian Parliament passed Act No. 15 of 2013, otherwise referred to as the ‘Grenada Citizenship by Investment Act, 2013.’ The stated objective of the Act is to “enable persons to acquire permanent residence, second passport and citizenship of Grenada by registration in Grenada’s government approved projects.”

TimeLine: 2 months

Nationalities supported: Open to all nationalities

Visa Free Travel: Instant visa-free travel to 121 countries, including the Schengen countries, China, United Kingdom, Singapore and Hong Kong

investment type: Contribution to Grenada’s Government or Investment in Grenada’s Government Approved Projects

investment cost: Contribution to Grenada’s National Transformation Fund (USD 200,000 for a family of 4) or GSA Financing (USD 190,000 for family of 4) or GSA Buy Back (USD 325,000 for a family of 4) or Real Estate Investment (USD 400,000 for family of 4)

BENEFITS

Second Citizenship and Passport issued in 60 business days
Ability to obtain a National Identity Card without visiting Grenada
No requirement to reside in Grenada
Dual Citizenship is allowed
All nationalities are permitted to apply

Visa free access to 121 countries (included 6 with e-Visa)
Grenada’s dual passport includes Visa free to People’s Republic of China - Grenada is one of the very few nations whose citizens can travel without visa
List include the United Kingdom and the Schengen States
Visa free list includes important business hubs like Singapore, Hong Kong and Australia with e-Visa

Grenada citizens are eligible for USA E-2 Visa to start a business and reside in the United States
No foreign income, wealth, gift, inheritance or capital gains tax
No restriction of profits and imported capital
Citizenship Investment exit after 3 years

Children up to 30 years old and dependent parents can apply for second passport (below 55 pay additional USD 25,000 per applicant)
Ability to live in any other Caribbean Community (CARICOM)
Perfect setting for both adventure and relaxation
Grenada’s local community is culturally vibrant, vivacious, and extremely friendly

COSTS

Second passport and citizenship program of Grenada requires making an economic contribution to the country or an investment in Government approved projects.

OPTION-Contribution to Grenada’s Government or Investment in Grenada’s Government Approved Projects

USD 200,000 Non-refundable contribution to the National Transformation Fund (NTF) The non-refundable financial contribution varies depending on the number of applicants as follows:

TIMELINE

MONTH 1-2

Client signs IVS Retainer Agreement and pays the retainer invoice. File ready for submission. Payment of Government Processing Fees, Due Diligence, Citizenship Application, and Passport Fees. The client pays the Submission invoice of IVS Professional Fees.

MONTH 3

Due Diligence results are ready and Citizenship approval is issued. In the case of Donation, GSA or Real Estate the applicable financial contribution is payable to the Escrow Account in Grenada. The client pays the Approval invoice of IVS Professional Fees.

MONTH 4

Citizenship Certificates are issued and Citizenship Invest obtains the passports. Passports are delivered to the client in their home country. The time estimated to receive the citizenship approval is based on the Government's due diligence processing time and is not guaranteed*

GENERAL INFO

Visa requirements for Grenadian citizens are administrative entry restrictions imposed by the authorities of other states on citizens of Grenada.

As of October 2018, Grenadian citizens had visa-free or visa on arrival access to 144 countries and territories, ranking the Grenadian passport 33rd in terms of travel freedom (tied with the Macanese passport) according to the Henley Passport Index.

Grenada signed a mutual visa waiver agreement with Schengen Area countries on 28 May 2015.

As of January 2018, Brunei, Mauritius, Seychelles, Serbia and Grenada are the only countries whose citizens may travel without a visa to China, Russia and the Schengen Area.

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