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Grenada Economic Citizenship Program

Grenada is a little country in the Caribbean. It is comprised of three islands: Grenada Island, Carriacou, and Petite Martinique. Although Grenada Island is the biggest of the three islands, the whole archipelago is home to a population of around 110,000 people. This small sunny paradise with perfect beaches and delicious food has one of the most advanced citizenship programs.

The Grenada Economic Citizenship Program is recognized among the quickest and most effective citizenship schemes in the whole world – https://immigrantinvest.com/grenada-citizenship-by-investment-en/. The program was first launched in 2013 and now is becoming more and more popular. The benefits of Grenada citizenship, as Immigrant Invest expert Zlata Erlach mentions, are unprecedented.

Citizens of Grenada may visit 127 countries without a visa or with a visa obtained upon arrival. They include the European Union as a whole, China, the United Arab Emirates, the United Kingdom, Brazil, South Korea, India, Russia, Turkey, Singapore, Israel, Indonesia, Qatar, Iran, Hong Kong, and Switzerland. Grenada citizenship by investment is perfect for those who want to conduct business in the United States and China. Grenada investment citizenship allows you to have a unique E-2 Visa to the USA where you can freely live and work. In addition to visa-free entry to the United Arab Emirates, nationals of Grenada also enjoy visa-free access to the People’s Republic of China. Grenada dual citizenship is another outstanding advantage that allows you to save the passport of your country of origin and obtain a Grenadian one.

All these magnificent perks must have already convinced you that Granada is the place where dreams come true, so let’s find out how to get Grenada citizenship.

By investing at least $350,000 in authorized real estate or making a financial donation to a government fund of at least $150,000, you will be qualified to receive citizenship. Candidates seeking Grenada citizenship by investment in real estate are also required to pay the additional government processing fee:

  • Solo candidate/Main candidate and spouse/Candidate with three dependents (spouse and two kids) — $50,000
  • Extra dependents — $25,000
  • Siblings eligible for the program — $75,000

Meanwhile, government fees are waived for candidates who choose to donate money to the Grenada National Transformation Fund (NTF) rather than purchase property.

Also, you have to remember that The Grenada Citizenship by Investment Committee is in charge of the country’s investor citizenship program (CBIC). Each application for investment citizenship is reviewed by a panel of 10 people who report directly to the Prime Minister of the country. The following fees are charged to all applicants for Grenada Economic Citizenship to pay for the expenses of the program’s approved partners and a team of highly skilled legal and financial advisors – https://immigrantinvest.com/blog/grenada-citizenship-by-investment-guide-en/.

Grenada citizenship application fee — $1,500 per individual. During the course of the processing of your case, there is a possibility that you may be required to pay extra expenses like:

  • Government due diligence fees (average $5,000 per individual, except minors under 17 who do not have to pay them).
  • Government processing fees ($1,500 for every member except minor children whose fee is $500 each).
  • Local agent fees ($10,000 from the main applicant and $1,000 for every other).
  • Passport cost — $250 per individual.

Hence, as you can see, Grenada citizenship cost varies depending on what type of investment you are up to and the process your application goes through. Grenada citizenship process only takes 2/3 months. Just imagine, thanks to Grenada citizenship by investment program, you will have one of the most privileged and strong passports in the world in only a quarter of a year.

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