A Grenada passport provides its holders with visa-free access to over a hundred countries, including the European Union, as well as important Asian economic hubs such as China and Singapore. This small Caribbean nation also offers an attractive tax environment for global income, inherited property and capital gains, which can be an extremely interesting proposition for investors and businessmen.
Cost of Grenadian Citizenship To become a citizen of Grenada, an investment is required and the cost depends on the method chosen. Usually, the minimum investment starts at 235 thousand American dollars in the form of a donation to a government fund. If you want to invest in real estate or commercial properties, you will have to shell out a larger sum.
To obtain citizenship, you need to apply to specialized organizations that help to formalize the procedure of investing and obtaining citizenship. For example, you can contact us at One World Migration.
Buying real estate in government-approved projects is the most common and affordable way to get the coveted passport. The starting investment amount is usually $270,000 and must be held for five years to maintain civilian status.
An alternative method involves investing in key economic projects or the Grenada National Transformation Fund, starting at US$235,000. This is attractive to those who wish to support the country's economic development and are looking for flexible investment options. This method will cost less than investing but will not allow for monetization of funds in the future.
Documents for Citizenship Candidates need to provide a passport, a criminal record certificate, proof of legitimate funds and a medical certificate proving health, which helps meet Grenada's legal and health standards.
Benefits of Citizenship Grenada citizenship entitles one to visa-free travel to many countries, favorable tax treatment, and the ability to participate in U.S. citizenship investment programs such as the E-2 visa, which allows investors and their families to relocate to the United States.
Grenada is located in a subequatorial maritime climate. This means that the country's temperature variation from season to season is minimal. Grenada is a very warm “resort country” with many beaches and related infrastructure. Temperatures rarely drop below 20 degrees Celsius, usually staying at 25 degrees Celsius and above, and the minimum water temperature is around 27 degrees Celsius.
Although Grenada is not often hit by hurricanes, they are still possible, as was the case with Hurricane Ivan. However, compared to other Caribbean islands such as Antigua and Barbuda or Dominica, which suffer from hurricanes much more frequently, Grenada is considered relatively safe. At the same time, islands like Trinidad and Tobago and Barbados experience almost no hurricane impact.
It is important to note that at the moment it is not available for Russians to obtain citizenship of Grenada through investment programs. However, there are other countries with available investment citizenship programs that can be considered as alternative options.
Dominica's Electronic Citizenship Program provides a compelling opportunity for foreign investors to obtain citizenship through investment, delivering a suite of substantial benefits tailored for personal convenience and strategic financial management.
At the moment, Dominica does not offer digital citizenship in the way it is implemented in some other countries, such as Estonia, where anyone can become an e-resident and do business in the European Union while remaining physically outside of it.
Dominica and the Dominican Republic are often confused due to their similar names, but they differ significantly in geography, culture, and governance.
