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Grenada Citizenship by Investment Benefits

Citizenship by Investment

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Grenada Citizenship by Investment Benefits

The Grenada citizenship by investment program offers straightforward, simple investment plans to get Grenada citizenship. We make it within the processing time of 4-6 months, and no landing or residency is required. With this citizenship, one can have visa Free access to 115+ countries (UK, EU, and China) with no personal or worldwide income tax and dual citizenship permitted. As one of the important Grenada citizenship benefits, the citizenship includes dependent children under 30 years and dependent parents and grandparents. It also includes unmarried siblings above the age of 18 of the main applicant and spouse as dependents of the main applicant, along with children of the main applicant or spouse born within 12 months of approval.

Why choose Grenada citizenship?

  • Visa-Free Travel
  • Citizenship by Investment
  • Stable Political Environment
  • No Residency Requirement
  • Education and Healthcare
  • Tax Benefits
  • Economic Growth
  • Beautiful Natural Environment
  • Caribbean Lifestyle
  • Global Business Opportunities
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Processing Time

4-6 months

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Contribution

1000

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Visa-Free Travel Within

160+ countries

Antigua and Barbuda Investment Options

The Citizenship by Investment program of Antigua & Barbuda necessitates investors to make a contribution to the National Development Fund or engage in real estate projects or government-approved businesses. In exchange for their investment, they are granted citizenship and a passport.

$200,000

Real Estate Investment

Applicants for the Antigua & Barbuda citizenship by investment program have the option of making a joint investment in real estate through the purchase of shares in a company holding the asset. Two applications from related parties in the amount of a minimum of US$200,000 will be considered as qualifying investment.

$100,000

Contribution to NDF

The government has recently reduced the required contribution amount to only $100,000 USD (family of 4) and $125,000 USD (family of 5 or more).

Investment Opportunities

Grenada, with its stable political climate, favorable tax incentives, and expanding tourism industry, offers attractive investment opportunities. The nation’s Citizenship by Investment Program, along with potential in hospitality, real estate, agribusiness, and renewable energy, makes Grenada a promising destination for investors seeking diversification in the Caribbean.

Education and Healthcare

Grenada emphasizes education, providing primary and secondary schooling with a strong literacy rate. Challenges in infrastructure and resources remain, particularly in rural areas, although institutions like St. George’s University offer higher education opportunities.

Grenada’s healthcare system blends public and private services, with improvements in basic medical care. However, specialist care can be limited, and many Grenadians seek it abroad. Private healthcare facilities offer comprehensive services, with efforts ongoing to enhance the overall healthcare infrastructure.

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Key Facts

Capital

Saint John’s

Languages

English (official)

Currency

East Caribbean dollar (XCD)

Population

94,298 Population 2024 estimate

Tax Benefits

In Grenada, residents are exempt from capital gains tax, inheritance tax, and global income tax, with income tax being the main taxation requirement. Non-residents, on the other hand, are subject to withholding taxes on dividends and various payments.

Political Stability

Grenada has earned a well-deserved reputation for maintaining political stability over the years. This stability is grounded in a democratic framework, with regular, peaceful transitions of power occurring through free and fair elections. The country’s political landscape is characterized by a parliamentary democracy system, which, along with the rule of law and strong democratic institutions, has played a crucial role in ensuring the overall political stability of the nation.

How to Obtain Grenada Citizenship

Citizenship Application Process

To acquire Grenada citizenship through its Citizenship by Investment Program, applicants must follow a structured process. It begins with an initial consultation to explore available options and includes a security check to ensure a clean record. Applicants agree to various fees, encompassing legal, due diligence, government, and application processing costs. For those choosing real estate, property selection precedes document collection and file submission to the Citizenship by Investment Unit (CIU). The approval process takes roughly 2-4 months, and additional documents may be requested by the Grenada Citizenship by Investment Committee (CBIC). Upon approval, complete payments must be made within 60 days to obtain citizenship certificates, and passport issuance generally takes 5-10 business days.

Investment Requirements

Grenada’s Citizenship by Investment Program provides two main investment options. The National Transformation Fund (NTF) offers applicants the opportunity to contribute a minimum of $100,000 to support national development initiatives. The second option involves real estate investments, requiring a minimum investment of $200,000 in approved real estate projects. Each investment avenue comes with its own unique terms and conditions; you should carefully consider your preferences and financial capabilities when selecting the most suitable option.

Timeline and Costs

From application to approval, obtaining Grenada citizenship typically takes 4 to 6 months. Costs involve government fees, due diligence fees, and the chosen investment, with expenses varying depending on your selected investment route.

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Starting investment for Grenada Citizenship is $ 235,000

“Choosing Grenada's citizenship by investment program at Migrate World was a wise decision. The application process was efficient, and the professionals were supportive throughout the process. As a citizen, I now enjoy the perks of visa-free travel, a peaceful environment, and a strong sense of community.”
- Khadija
“Getting citizenship through Grenada's investment program has been a life-changing experience. The program's simplicity, transparency, and efficiency impressed me from the start at Migrate World. The officials and service providers were responsive and guided me through every step. Now, as a Grenadian citizen, I have the privilege of a powerful passport and visa-free access to numerous countries.”
- Elias
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    How Can MigrateWorld Assist You in Obtaining Grenada Citizenship?

    Migrate World will assist in your application for citizenship in Grenada. We provide expert advice throughout your journey, from choosing an investment option, preparing documents, submitting them, and meeting all legal requirements to being reviewed efficiently by our team of specialists. Migrate World makes this complicated process hassle-free while giving expert advice on how to achieve citizenship.

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    Program Summary

    Learn more about the country and it's citizenship by investment.

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      Benefits

      Benefits

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      FAQs

      Yes, Grenada passport is powerful, as passport holders can travel to 140 destinations. It also ranks in 34th place among the passports of different countries.

      Yes, Grenada permits individuals to have multiple nationalities. This implies that foreigners can acquire Grenada's passport without being obligated to relinquish their original citizenship unless their home country imposes different regulations.

      If you are visiting Grenada, your passport must remain valid for six months following the date of arrival. Residents living on Grenada also require valid travel documents that will keep their passports up-to-date.

      Yes, Grenada citizens can work in the US if they possess an approved and current visa that permits investors to engage in employment or operate a business within the United States.

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