Grenada

About Grenada

Grenada, situated in the southeastern Caribbean, captivates with its blend of culture, history, and natural wonders. Its lush tropical rainforests, pristine beaches, and turquoise waters set the stage for outdoor adventures like hiking, diving, and snorkeling.

As a member of the Commonwealth of Nations and a parliamentary democracy, Grenada benefits from political stability and a thriving economy driven by agriculture, tourism, and manufacturing. Renowned for its nutmeg, cinnamon, and spice production, Grenada's exports reach global markets. Beyond its economic prowess, Grenada boasts a rich cultural heritage, evident in its vibrant music scene, lively festivals, and intriguing history tracing back to the Carib and Arawak indigenous peoples.

Grenada's efficient Citizenship by Investment Programme makes it an attractive option for those seeking a secondary passport, complementing its natural beauty and economic stability.

• Capital: St. George’s
• Currency: Eastern Caribbean Dollar
• Current Population (2021): 112,519

Grenada Citizenship By Investment

To secure citizenship in Grenada, individuals have the option of contributing a minimum of USD 150,000 to the National Transformation Fund or investing at least USD 220,000 in a sanctioned real estate endeavor. The investment requirement for the NTF escalates based on the number of dependents included in the application. After five years, the applicant retains the freedom to sell the property obtained through investment.

Benefits of Grenada Citizenship By Investment

A sole applicant has the opportunity to include family members as dependents, encompassing the spouse of the main applicant, children (biological or adopted) under the age of 30, dependent parents, and siblings aged 18 and above.

An avenue to obtain a US E-2 Treaty Visa, unique to the Caribbean citizenship programs.

Opportunity to access the United States' largest offshore medical university, St. George's University, situated in Grenada.

Grenada provides tax exemptions on capital gains, inheritance, wealth, gifts, and foreign income.

Citizenship is heritable to all future generations, and newborn children as well as newly married spouses can be included at no additional cost.

Presence in Grenada during the application process is not required for applicants.

Individuals holding a Grenada passport are allowed to possess dual citizenship.

Grenadian citizens have the privilege of traveling visa-free or obtaining visas upon arrival in a total of 143 countries.

Programme Requirements

Application Process

The process of applying for Grenadian citizenship is uncomplicated and typically spans a duration of up to 6 months, from the initial application to the receipt of citizenship documents. The application process can be delineated into the subsequent stages:

• 1 - Assessment & Onboarding
  • Seek guidance from The Elite Passport’s team of client advisors.
  • The Elite Passport’s due diligence check is conducted.
• 2 - Application Submission
  • Clients are welcomed and commence the onboarding process, including payment of retainer fees.
  • Necessary documentation is prepared and submitted as part of the application process for Grenada.
• 3 - Document & Application Processing
  • The application undergoes processing by the relevant authorities.
  • Government pre-approval is obtained.
  • Requirements for the investment are satisfied.
• 4 - Approval & Passport Handover
  • The application receives approval.
  • The Grenadian passport is issued within a timeframe of 4 to 6 months.
  • The Elite Passport's advisors hand over the passport to the client.