Obtaining Grenada citizenship for investment

2024-04-15
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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.

How much does it cost to become a citizen of Grenada

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 150 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.

How to obtain citizenship

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.

Investments

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 $220,000 and must be held for three to five years to maintain civilian status.

An alternative method involves investing in key economic projects or the Grenada National Transformation Fund, starting at US$150,000. 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.

Requirements for Citizenship

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.

Advantages

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.

Weather Conditions

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.

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Citizenship programs

All programs
Grenada Grenada
Grenada
from $150,000
3-6 months
Obtaining Grenadian Citizenship by investment program grants the right to live and work in Grenada at all times, the right to vote in elections and all rights associated with membership of the Caribbean Community (CARICOM).
Learn more
Turkey Turkey
Turkey
from $400,000
4-6 months
Cosmopolitans can get a second citizenship for investing in the country's economy from $400,000. There are five options to choose from: buying real estate, investment fund shares or government bonds, participating in the fixed capital of a Turkish company, opening a deposit in a Turkish bank.
Learn more
UAE UAE
UAE
from $15,000
2+ weeks
Majestic skyscrapers, luxury hotels and shops, beaches and summer all year round. Building a business career in the UAE is prestigious.
Learn more
Discover new opportunities
For more information, the cost of services and an appointment for a personal consultation, please contact the company's representatives
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