Grenada
Citizenship
2013
Established Year
Citizenship
Type
Around 3 Months
Processing Time
Benefits of Citizenship
1
The right, but not the obligation, to live and work in Grenada
2
Citizenship may be passed to future generations
3
Dual citizenship allowed under the laws of Grenada
4
Visa-free travel, including visas-on- arrival, to around 140 destinations
Main Requirements
Over the age of 18
Good character
No residence requirement
No travel requirement
No interview requirement
No English language requirement
Family Inclusion​
The following family members may be included in an application for citizenship by investment:
Spouse
Children of the main applicant or of the spouse, if:
- Aged under 18
- Aged 18 to 29, in full time attendance at an institution of higher learning, and supported by the main applicant or the main applicant’s spouse
- Aged 18 or over, physically or mentally challenged, living with and fully supported by the main applicant
Parents or grandparents of the main applicant or of the spouse if fully supported by the main applicant
Siblings of the main applicant or of the spouse, whether biological or adopted, aged at least 18, single, and with no children
The Investment
There are two investment options in Grenada:
1. NTF Option
A contribution to the Government’s National Transformation Fund (NTF).
Single applicant US$150,000
Main applicant and up to 3 family members US$200,000
After the 3rd family member US$25,000 each
Any parent or grandparent under the age of 55 US$50,000 each
Any sibling US$75,000 each
2. Pre-Approved Project (Real Estate) Option
Investment in a pre-approved project (most commonly real estate) that must be held for at least 5 years if the buyer is also someone who wishes to become an economic citizen of Grenada. Applicants who choose to purchase real estate have two choices:
- Minimum independent investment: US$350,000
- Minimum joint investment in tourism accommodation: US$220,000 per investor (total value of the investment: US$440,000)
The following Government Fees apply:
Single applicant US$50,000
Main applicant and up to 3 family members US$50,000
After the 3rd family member US$25,000 each
Any parent or grandparent under the age of 55 US$50,000 each
Any sibling US$75,000 each
The following basic fees apply to both options:
- Due Diligence Fees
Main applicant US$5,000
Spouse US$5,000
Family member aged 16 or less US$0 each
Family member aged 17 or over US$5,000 each
- Application Fees: per family member US$1,500
- Processing Fees
Main applicant US$1,500
Spouse US$1,500
Family member aged 16 or less US$500 each
Family member aged 17 or over US$1,500 each
- Non-Included Spouse Fees
- Bank Charges
- VAT on Bank Charges
- Passport Fees
- LBA Global Partners Professional Fees
