6-9 months
The Grenada Citizenship by Investment Program, established in 2013, aims to attract foreign investment to boost the country’s economy. It allows individuals and their families to acquire Grenadian citizenship by making a financial contribution or investing in real estate. The program is part of Grenada’s strategy to enhance economic development while providing investors with global mobility and the opportunity to live in a Caribbean nation.
Business Environment
Grenada offers a thriving business environment focusing on sustainable growth and investment. The government supports entrepreneurship through various incentives, including tax benefits and streamlined business-starting processes. The growing sectors, particularly tourism and real estate, present opportunities for investors and entrepreneurs to thrive in a dynamic market.
Healthcare
Healthcare in Grenada is well-regarded, with modern facilities and accessible services. The island has both public and private healthcare options, offering quality medical care and advanced treatment. The government continues to invest in healthcare infrastructure, ensuring residents have access to comprehensive medical services.
Education
Grenada provides a range of educational opportunities with a focus on quality learning. The island boasts reputable schools and institutions, including secondary schools and St. George’s University, which attracts international students. The education system emphasizes both academic excellence and personal development.
Community and Lifestyle
Living in Grenada means embracing a relaxed, Caribbean lifestyle within a friendly community. The island’s vibrant culture is reflected in its festivals, cuisine, and local traditions. Residents enjoy a high quality of life, with a strong sense of community and ample opportunities for outdoor activities and social engagement.
6-9 months
$ 235,000 USD
135+ countries
Grenadian citizenship does not automatically come with tax obligations in Grenada. Investors only need to pay taxes if they buy property, register a yacht or car, start a business, or earn income in the country.
Whether you need to pay taxes depends on your residency status. You are considered a tax resident if you live in Grenada for more than 183 days a year, or if your company is registered or based in Grenada. Non-residents, who do not live in Grenada, face higher tax rates, but only on income they earn from Grenadian sources.
The cost of living in Grenada is relatively moderate compared to many Western countries. Basic expenses such as groceries, utilities, and housing are generally affordable, though imported goods and high-end services can be more expensive. Overall, the cost of living allows for a comfortable lifestyle, especially for those who embrace the local culture and take advantage of Grenada’s natural resources and local produce.
Key Facts
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Grenada recognizes dual citizenship, so you can retain your original nationality while becoming a Grenadian citizen.
Grenada’s citizenship by investment program has clear regulations for applicants. The main applicant must be at least 18 years old and must not have a criminal record. They must also provide proof of the lawful source of their investment funds.
Eligible dependents include children under 30, parents or grandparents, and unmarried siblings aged 18 or older. All applicants and dependents must undergo thorough due diligence checks to receive approval.
Additionally, Grenada does not require residency, allowing applicants to maintain their citizenship without needing to reside in the country.
| Feature | Details |
|---|---|
| Established | 2013 |
| Investment Options | National Transformation Fund (Donation) or Real Estate Investment |
| Processing Time | 6-9 months |
| Visa-Free Travel | 135+ countries, including Schengen Area, UK, China |
| Dual Citizenship | Allowed |
| Residency Requirement | None (no need to reside in Grenada) |
| Unique Benefits | Access to U.S. E-2 Visa |
| Passport Validity | 10 years, biometric and renewable |
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To gain citizenship in Grenada, there are two available routes:
To be eligible for citizenship, the main applicant must be at least 18 years old, fulfill all application criteria, and choose one of the two main investment pathways:
Program Summary
Learn more about the country and it's citizenship by investment.
Nationals from Iran, North Korea, Russia, Belarus, Sudan, Yemen, and Afghanistan are generally not eligible to apply for Grenada citizenship.
Conditions for Potential Eligibility:
Nationals from Iran, Sudan, Yemen, and Afghanistan may become eligible if they were born in one of these restricted countries but left before adulthood, have held permanent residence or a valid visa in Canada, the UK, Schengen countries, the USA, Australia, New Zealand, Saudi Arabia, or the UAE for at least 10 years, have no economic ties to any restricted country, and pass a costly Enhanced Due Diligence investigation in their country of birth.
Here are most of the required documents:
Please note that some additional documents can be requested by the government or Migrate World.
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