The Grenada passport: uniqueness, benefits and procedure update

The article covers all necessary information concerning the major characteristics of the country of Grenada, its most popular tourist attractions and sights. Most importantly, it provides detailed information on the unique program of citizenship by investments with all the conditions outlined as well as numerous benefits and opportunities of the Grenada passport obtaining. You will also be informed about its whole procedure, and remarkably, about the current update related to the interview process which has been required recently as an integral part of the procedure of obtaining Grenada citizenship.

Introduction

Nowadays the world is becoming more and more globalized and interconnected. Traveling has become a hobby and pastime for many of us, as the transportation network has improved significantly, giving us an opportunity to find ourselves in several couple of hours on another continent. With the Internet bringing communications to another level, people get to know literally everything happening in other parts of the world. In this regard, having second citizenship does not seem a surprising idea. It’s widely acknowledged that it gives you more travel, work, business, banking, investment, and property ownership options and opportunities as well as more freedom in general.

This article is to motivate you to take action, and, finally, broaden your horizons to a greater extent, and obtain the citizenship of the state that will open to you a door to about 180 countries.

Grenada: basic & unique features

Grenada, situated in the West Indies, is an island nation that encompasses both its namesake island and portions of the southern Grenadines archipelago. The total area of the island is about 135 square miles. The population is around 115,000 people. Grenada is surrounded by the Caribbean Sea to the west and the Atlantic Ocean to the east. In the past Grenada was a French and British colony, gaining independence from the UK on February 7, 1974. Its capital, St. George’s, occupies the territory of the southwest coast and is also a major port. English is the official language of the country. The official currency is the Eastern Caribbean (EC) dollar, as it is in 7 other members of the Organization of Eastern Caribbean States (OECS).

Grenada is home to volcanoes, coral reefs, bays, and numerous colorful beaches. Rainforests, mountain ranges, rivers, waterfalls, and splendid lakes prevail in the interior part of the island. Its climate is tropical with an average temperature of 28 C. That’s the reason why Grenada is a popular destination for tourists. The tourism industry, along with construction, trade, production, is developing rapidly and steadily.

Things to do and places to visit

Amazing rented villas, apartments and houses in Grenada are looking for guests from all over the world. Tourists usually prefer to visit Grenada in the period between January and May, as the rainy season ends. The country offers a great variety of restaurants, sports complexes, golf and tennis clubs, city and tropical excursions, boat and car trips around the inland.

Notably, such activities as rafting, scuba diving, fishing, hiking, kayaking, surfing, are of high interest among tourists from all over the world. It is a tremendous chance to dive and swim in the bays and lagoons of the Caribbean Sea. There’s the largest diveable wreck in the Caribbean, and an underwater sculpture park. Moreover, tourists can rent a car and explore the island on their own. However, they should take into account that traffic in Grenada is left-handed and, of course, an international driving license is needed. Also, you should be attentive, as the major part of the roads in Grenada are unmarked, so it is quite easy to get lost.

To illuminate the subject of the key country’s tourist attractions, it should be noted that Grenada is well-known as the Spice Isle of the Caribbean. In 2023 the World Food Travel Association recognized the country as the culinary capital of the Caribbean. Here tourists can taste authentic seafood dishes, various types of wine, and beer.

Grenada is also distinct for its marvelous beaches, which are around 50. The most famous is Grand Anse. It is the most popular resort area and the longest beach on the island, located 10 minutes from St George, with white sand and turquoise water.

The country’s uniqueness is represented by the Sandals, which is an innovative all-inclusive resort in Grenada. It’s an exotic hideaway with breathtaking innovations like pools suspended in the sky, and a living room in a beachfront pool.

The next tourist attraction worth visiting is Grand Etang National Park & Forest Reserve. There you can go for a walk and admire beautiful nature. Exploring forts will also be a brilliant idea. Fort George, Frederick, and Matthew are highly recommended to visit.

There are also various waterfalls throughout the island in the different mountains. It is better to take a tour and visit them all at once. The most popular waterfall is Annandale Falls.

In addition, Grenada has two little sisters, the small, neighboring island dependencies of Carriacou and Petite Martinique. You are welcome to take a trip there by plane and ferry to experience its solitude and harmony.

Going beyond the tourist area and, thus, passing closer to history and culture, it should be stated that its capital, Saint George’s demonstrates colonial architecture. There is The Grenada National Museum with a great collection of artifacts. Besides, you can admire St George’s cruise port with its beautiful ships and walk across a bustling market where you can buy local spices and take them home.

A lucky opportunity: citizenship by investments

The Grenada Citizenship by Investment program was launched by the government in 2013 under the Citizenship by Investment Act No. 15 of 2013 to attract foreign direct investment and benefits for residents of Grenada, Carriacou and Petite-Martinique.

Grenada Citizenship by Investment (CBI) remains one of the most popular passport schemes worldwide for pricing and passport advantages. It is considered to be the gold standard in the industry.

In order to gain the Grenada passport a person is to select one of the following options:

• а contribution to the National Transformation Fund (NTF) in the amount of $150,000 per applicant, $200,000 per 1-4 people, + $25,000 extra per person with more than 4 people;
• an investment in an approved project (real estate) in Grenada in the amount of $220,000.

The processing period for obtaining the Grenada citizenship approval covers 6-8 months.

Only pros, no cons!

The passport of Grenada has a wide range of benefits, most of them are covered as follows:

• the passport of Grenada enables visa-free travel to 180 countries, including the UK and the European Union, Russia, Brazil, and China. Particularly, the entry to China is exclusive in this program, in comparison with other options in Caribbean citizenship;
• it offers citizens the opportunity to apply for an E-2 investment visa in the USA;
• there are no foreign income, wealth, inheritance, gift, or capital gains taxes;
• there are no restrictions on repatriation of profits and imported capital;
• Grenada is an attractive spot due to its real estate market driven by tourism and 5-star hotels funded by the CBI program;
• there are no language tests, education, or military service;
• you don’t need to visit Grenada before or after obtaining citizenship;
• there are no requirements to live in Grenada before or after citizenship is granted;
• the application process is completely confidential.

The procedure of obtaining citizenship: an action plan

First of all, the client signs a contract for registration of citizenship with One World Migration. Next, the investor selects an investment program. Afterward, the applicant provides the necessary documents for submitting the application, and the One World Migration team prepares the package of documents to transmit to the Ministry of CBI for further consideration. Each application is processed by the authorized office of the Grenada Citizenship by Investment Committee (CBIC). After the application has passed Due Diligence and has been considered by authorized representatives of the Government of Grenada, the Cabinet of Ministers makes a final decision on the approval of citizenship for each applicant. During the consideration of each application at the stage of passing Due Diligence, the Ministry of CBI stays in close contact with the One World Migration team.

New condition: participation in the interview is required for applicants for the Grenada Citizenship

Applicants, who are over 17 years old and aim to obtain the Grenada Citizenship by Investment Program, now are required to participate in a mandatory interview. The commencement of the interview process took effect September 4, 2023, for all applications, as stated in Circular No. 9 of September 1, 2023, which was published on the official website of the Government of Grenada Citizenship by Investment (CIU) Unit.

In order to abide by new regulation, applicants are obliged to meet the following requirements:

• the main applicant, spouse, sponsor, and any dependents seventeen years and over must fill in the attached Interview Application Form, and then submit it to the CBI with the application package;
• a link to the questionnaire will be sent to the interviewee’s email, and applicants must select their preferred language for the interview on their Interview Application Form;
• instruction for the interview will be carried out in the national language of the applicant, in which the automated voice will inform about the process of the questionnaire and its important points;
• each applicant, who is of adequate age to apply, including such groups of applicants as the main applicant, spouse, child age 17 and over, dependent parent, single applicant, and financial sponsor, must pay a fee of $1,000.

List of the countries

Conclusion

To conclude, the article covered all relevant information related to the country’s different spheres of life, the detailed process of obtaining citizenship as well as the key news about the interview process which has recently become an integral part of obtaining citizenship in Grenada. You have aligned yourself with the leading and successful developer in the Caribbean. We are enthusiastic to encourage you to explore Grenada Citizenship by Investment opportunities to change your life for the better and build up the future of your family. You are welcome to fill in the application form on our official website, and we will follow you on the whole way of obtaining citizenship of Grenada.