Comparing Citizenship by Investment Countries
Similar Residence by Investment Programs
Due Diligence and Background Check
A detailed background check is performed to ensure applicants meet the program’s requirements. This includes checking for a clean criminal record, verifying the source of funds, and reviewing personal and professional history. The Grenada Citizenship by Investment Unit manages these checks to ensure that only qualified individuals receive citizenship.
How to obtain Grenada Citizenship by Investment?
How to Apply: Step-by-step procedure
- Initial consultation
The first step is a complimentary consultation with us, where we explain all the different options available.
- A Security Check
Migrate World performs a security check before officially making any agreement as a guarantee that the applicant’s record is clean if the Citizenship by Investment Unit rejects his/her application.
- Agreement and Fees
Fees include legal, due diligence, government, and application processing fees.
- Choose Property (Real Estate Option)
Once the property has been chosen, the developer is notified to prepare a purchase and sale agreement.
- Collect Documents and Submit File
We will help obtain/translate and authenticate all necessary documents. A file is then prepared and submitted to the Citizenship by Investment Unit (CIU), which usually takes approximately 10 business days from the date the file is prepared.
- Wait for Approval
Approximately 6-9 months
- Extra Documents
The Grenada Citizenship by Investment Committee (CBIC) may request additional documents or information.
- Approval
Once approval has been granted, the applicant must complete all payments to obtain citizenship certificates within 60 days.
- Passport
After receiving the citizenship certificate, the process of issuing passports takes approximately 5-10 business days.
NOTE: The timeline is an estimate only, processing time depends on the complexity of each file.
Application Options: Online or Through Migrate World
You can either select any Authorized Agent and apply online through their platform or choose Migrate World, where our team, as an Authorized Agent, will assist you throughout the application process.
Application Timeline
The application process for this program typically takes a minimum of 6 months.
Application Fee
The application fee for Grenada’s Citizenship by Investment Program is US $1,500 per applicant.
Grenada Citizenship by Investment Price
Option 1: The National Transformation Fund (Donation)
| Category | Fee |
|---|---|
| Single Applicant | US $235,000 |
| Main Applicant and Spouse | US $235,000 |
| Family of Three | US $235,000 |
| Family of Four | US $235,000 |
| Additional Dependents (each) | US $25,000 |
| Dependent Parents/Grandparents (under 55) | US $50,000 per applicant |
| Dependent Siblings | US $75,000 per applicant |
Option 2: Real Estate Investment
| Category | Fee |
|---|---|
| Minimum Investment | US $270,000 or US $350,000 in a government-approved project; resale allowed after 5 years |
| Single Applicant | US $50,000 |
| Main Applicant and Spouse | US $50,000 |
| Family of Three | US $50,000 |
| Family of Four | US $50,000 |
| Additional Dependents (each) | US $25,000 per applicant |
| Dependent Parents/Grandparents (under 55) | US $50,000 per applicant |
| Dependent Siblings | US $75,000 per applicant |
Additional Fees
| Fee structure | Fee |
|---|---|
| Application Fee | US $1,500 per applicant |
| Processing Fee (Dependents 17 years and older) | US $1,500 per applicant |
| Processing Fee (Dependents under 17) | US $500 per applicant |
| Due Diligence (Main Applicant) | US $5,000 |
| Due Diligence (Spouse) | US $5,000 |
| Due Diligence (Dependents 17 years and older) | US $5,000 per applicant |
| Oath of Allegiance and Passport Fee | US $275 per applicant |
| Interview Fee (Aged 17 and over, including non-applicant spouse and sponsor) | US $1,000 per person |
Family Members Eligible for Grenada Citizenship
The primary applicant can include:
- Spouse
- Dependent Children: Under the age of 30
- Dependent Parents/Grandparents
- Unmarried Dependent Siblings: 18 years old and above
Validity and Renewal for Grenada Passport
The Grenada passport is valid for 5 years. Once this period expires, you will need to renew your passport to maintain its validity for international travel.
You can renew your passport through Migrate World or directly at the embassy or consulate. If you opt for Migrate World, get in touch with us to receive the required documents. Our team will help you complete and sign the necessary forms, which we will submit to the Grenada Citizenship by Investment Unit on your behalf. If you choose to renew through the embassy or consulate, you will need to follow their specific renewal procedures and guidelines.
For more details, check Grenada Passport Renewal.
Grenada Citizenship by Investment Benefits
- Straightforward, simple investment plans
- Processing time 6-9 months
- No landing or residency required
- Visa Free access to approximately 135+ countries (UK, EU, and China)
- No personal or worldwide income tax
- Dual citizenship permitted
- Inclusion of dependent children under the age of 30 and dependent parents and grandparents
- Inclusion of unmarried siblings above the age of 18
- Opportunity to relocate to the USA and establish a business through the E-2 Investor Visa for Grenadian passport holders.
Read more:
How can the Migrate World Help You?
Migrate World team offers essential support to clients pursuing Grenada citizenship by investment program. With expert guidance, personalized solutions, and thorough assistance in documentation, investment choices, application, due diligence, and post-approval steps, Migrate World ensures a smooth and successful journey toward obtaining Grenada citizenship. Clients benefit from their expertise, minimizing complexities and maximizing the likelihood of a favorable outcome.
Frequently Asked Questions
1. How many dependents can be included in a single application?
You can include your spouse, children under 30, parents, grandparents, and unmarried siblings aged 18 or older. Additional fees apply for each dependent.
2. Is Grenada a safe place to live?
Yes, Grenada is considered one of the safest islands in the Caribbean, providing a secure and peaceful environment for both residents and visitors.
3. Can I live in the UK with a Grenadian passport?
No, a Grenadian passport alone does not grant you the right to live in the UK. You would need a visa or residence permit to live in the UK, such as a work visa, student visa, or a visa under the UK's immigration rules.
4. Is it possible to work in the United States with a Grenada passport?
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.
5. How long is the Grenada passport valid, and is it biometric?
The Grenada passport is valid for 5 years, and it is biometric. It can be renewed after the 5-year period.
6. Do I need to live in Grenada to maintain my citizenship?
No, there is no residency requirement to maintain Grenadian citizenship.
7.What investment options are available under the Grenada CBI Program?
You can invest in the National Transformation Fund (Donation) or a government-approved real estate project.
8. How long does the application process take?
The processing time for the Grenada CBI Program typically takes between 6 to 9 months.
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