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.
Grenada is the only citizenship program that allows you to include siblings as dependents. 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 141countries, 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 150,000 for a single applicant) 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)
Second passport and citizenship program of Grenada requires making an economic contribution to the country or an investment in Government approved projects.
OPTION 1 – CONTRIBUTION TO NATIONAL TRANSFORMATION FUND (NTF)
| USD 150,000 | Contribution of NTF for Single Applicant |
|---|---|
| USD 200,000 | Contribution to NTF (Family of up to 4 including main applicant, spouse and dependents up to the age of 30) |
| USD 25,000 | Government fees for additional family member (up to the age of 30) |
| USD 25,000 | Additional unmarried sibling |
As per Grenada’s citizenship legislation a real estate Investment of USD 350,000 is required as well as application fees payable to the Government. The property can be sold in approximately 3 years, or longer, depending on the stipulations of each project. Once it is sold the investment also qualifies the next purchaser for citizenship.
| USD 350,000 | Real Estate |
|---|---|
| USD 50,000 | Government fees for (Up to a family of 4 including main applicant, spouse and dependents up to the age of 30) |
| USD 25,000 | Government fees for additional family member (up to the age of 30) |
| USD 25,000 | Additional unmarried sibling |
|
1-2 MONTH |
Client signs Atlantic 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 Atlantic Professional Fees. |
|---|---|
|
3 MONTH |
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 Atlantic Professional Fees. |
|
4 MONTH |
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* |
AMERICAS
Antigua & Barbuda
Argentina
Bahamas
Barbados
Belize
Bolivia*
Brazil
Chile
Colombia
Costa Rica
Cuba
Dominica Republic
Dominica
Ecuador
El Salvador
Grenada
Guatemala
Guyana
Haiti
Honduras
Jamaica
Nicaragua
Panama
Peru
St. Lucia
St. Vincent & The Grenadines
Suriname
Trinidad and Tobago
Venezuela
AFRICA
Botswana
Cape Verde*
Comoros*
Djibouti*
Egypt*
Gambia
Guinea-Bissau*
Kenya
Lesotho
Madagascar*
Malawi
Mauritania*
Mauritius
Mozambique*
Senegal*
Seychelles*
Somalia
Togo*
Tunisia
Uganda
Zambia
Zimbabwe
EUROPE
Albania
Andorra
Austria
Belgium
Bosnia and Herzegovina
Bulgaria
Croatia
Cyprus
Czech Republic
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Iceland
Ireland (Rep.)
Italy
Latvia
Liechtenstein
Lithuania
Luxembourg
Macedonia
Malta
Monaco
Montenegro
Netherlands
Norway
Poland
Portugal
Romania
Russia
San Marino
Slovakia
Slovenia
Spain
Sweden
Switzerland
Turkey
Ukraine*
United Kingdom
Vatican City
ASIA
Armenia*
Bangladesh
Cambodia*
Hong Kong*
Indonesia
Iran*
Israel
Jordan*
Laos*
Lebanon*
Macau*
Malaysia
Maldives*
Nepal*
Palestinian Territories
Philippines
Singapore
South Korea
Tajikistan*
Thailand*
OCEANIA
Fiji
Kiribati
Micronesia
Palau*
Samoa*
Solomon Island*
Timor-Leste*
Tonga
Tuvalu*
Vanuatu
EVISA
Australia – Online Visitor e600 visa
Bahrain
Gabon
Georgia
India
Sri Lanka