The Grenada Citizenship is one of the more popular choices among investors Grenada, also known as the spice islands, is made up of the main island of Grenada itself, two smaller islands, Carriacou and Petite Martinique, and several small islands.
Grenada has declared its independence in 1974. As a newcomer to the citizenship by investment(RBI) program, the Grenada Citizenship by Investment Program has been restructured and was re-launched in 2013.
With tourism being one of its major economic contributors, Grenada is well placed to attract more tourists with its beautiful beaches, waterfalls, diving, and national parks.
Grenada Program Highlights:
One of the cheapest program to the Caribbean Islands;
Easy 2nd passport for you & family without leaving your home;
Open to every country nationals(eg North Korea, Iran, Syria, etc)
E2 treaty with the United States;
No visit is needed;
Access to over 150 countries visa-free.
Grenada Investment Requirements
Invest US$220,000 in real estate for citizenship; or
A donation of US$150,000 for a single application; US$200,000 for a family of 4.
Grenada Citizenship Program:
Applicants must buy and keep their main residential home for 5 years and they may rent out their property.
There are no education, work, or language requirements.
Time to Grenada Passport
Approval for Grenada Citizenship will take about only 4 months.
Citizenship Program Costs
Grenada Stay Requirements
There are no stay requirements.
Applicants may include their spouse, dependent children under the age of 30 and they may also include their parents and parents-in-law.
Grenada Tax Benefits
There are no worldwide tax or capital gain taxes.
Together with St Kitts, Grenada offers the best value for citizenship in the Americas and it is relatively easy to meet the requirements. Applicants should be of good character and in good health.
Besides being a tax haven, Grenada is well known for its corporate privacy. The Grenada government has been supportive and proactive to attract foreign investment not only in the financial sector but in the technology sector as well. Grenada’s economy has been given a boost by a huge amount of Chinese investments in the country and has established tax treaties with 13 countries.
Do get in touch with us if you feel that Grenada might be the country you like to have your 2nd citizenship with. We can provide you with more information or arrange a call with our Grenada partner for a short chat to find out more.
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