Citizenship Program Grenada | Get Second Passport from GCI. You want more details about the Grenadian Citizenship by Investment Program? We are developing solid investment opportunities for our clients around the world to acquire a permanent residence, a second passport and a second citizenship.
Be part of an exclusive and exciting Citizenship by Investment (CBI) opportunity. Citizenship Program Grenada makes it possible for those who invest in Grenada’s economy or real estate development to gain citizenship to live or work in this beautiful Caribbean country. The island state of Grenada is located in the southeast Caribbean Sea, northwest of Trinidad and Tobago, northeast of Venezuela and southwest of Saint Vincent and the Grenadines. It is also known as the “Spice Island “, having large export production quantities of nutmeg and maize. The climate is tropical: hot and humid in the rainy season and cooled by the trade winds in the dry season. The Grenada Citizenship by Investment Programme was developed with families in mind, and offers one of the most affordable options for parents choosing to apply with their children.
The Citizenship by Investment Program Grenada has been developed by the government as another mechanism for promoting economic growth. Its purpose is to boost the country's development and infrastructure by increasing foreign direct investment into the country in order to ensure a sustainable future. Grenada’s Citizenship by Investment Programme is a fantastic way to enjoy the beautiful island of Grenada, explore new paths for your business and expand your passport portfolio. The Grenada Citizenship by Investment Program came into being in August 2013, when the Grenadian Parliament passed Act No. 15 of 2013, otherwise referred to as the ‘Grenada Citizenship by Investment Act, 2013.’ The stated objective of the Act is to "enable persons to acquire permanent residence and citizenship of Grenada by registration following investment in Grenada".
Grenada, known as the ‘Isle of Spice,’ is one of the most magnificent islands in the West Indies. Unspoilt and exotic, it astounds visitors with its wildly jagged mountain peaks, hidden coves, spice plantations, and lush verdant rainforests. Its beaches are idyllic, with white or golden sand, palm trees, and the delicate aroma of the island’s native spices. In addition to its scenery, Grenada offers culture, fun, and friendliness typical of the authentic Caribbean life – making Grenada the perfect place in which to live, work and play. Grenada’s proximity to the Equator ensures a year-round tropical climate, with average temperatures ranging between 23 and 28 °C. Its cooling trade winds offer very comfortable conditions.
Individuals who obtain citizenship through Grenada’s Citizenship by Investment Programme are entitled to the same rights as any other Grenadian citizen. These include the right to live and work in Grenada at all times, and all the rights associated with membership of the Caribbean Community (CARICOM). Grenada allows individuals to hold dual citizenship, and citizenship may be extended to family members, such as a spouse, dependent children, and dependent parents. Children and young adults may obtain preferred access, and in some cases grants, to top schools and universities. Grenada is amongst the safest nations in the Caribbean, and indeed the entire western hemisphere. Security is in the hands of the Royal Grenada Police Force, and Grenada is a member of the Regional Security System of the Eastern Caribbean.
Grenada offers its citizens social and political security, reinforced by its membership in the United Nations and the Commonwealth of Nations. Grenada’s local community is culturally vibrant, vivacious, and extremely friendly. Grenada has no foreign income, wealth, gift, inheritance, or capital gains tax. There is no restriction on the repatriation of profits and imported capital. Generous incentive packages exist including corporate tax incentives, full exemption from import duties, tax relief benefits, and export allowance. Grenada’s currency, the East Caribbean dollar (XCD), is pegged to the United States dollar (USD). Lastly, there is duty-free trading in the Caribbean.
How to become a Grenadian citizen? To qualify for Grenada citizenship applicants must fulfill the following criteria:
and must fulfill one of the investment options below in addition.
Furthermore our consultants will guide you through the whole submitting process for the Citizenship Program Grenada.
Applicants must make a significant economic contribution to the country in order to apply for the Grenada Citizenship Program and can choose between two investment options: contribution or real estate investment.
1. Contribution to The National Transformation Fund (NTF)
In addition to the capital investment the following fees are also payable:
2. Real Estate investment
Applicants may purchase property valued at a minimum of USD 350,000 in a preapproved real estate development area. The investment must be maintained for a minimum of five years. Property registration, processing fees and taxes must be paid in addition to the property purchase.
In addition to the general fees the following Government fees are also payable:
How to apply for Grenadian citizenship? Take a look at the application process in detail and with all its individual steps. Furthermore our consultants will guide you through the whole submitting process for the Grenadian Citizenship Program.
To prepare the application, we collect all necessary documents from you and also perform a background and security check.
If everything is OK in the first step, we will issue a pre-approval of the application.
Your application will now be submitted to the government for further processing.
Government processing of the application and due diligence checks.
Receipt of the written approval of the application by the Government.
The investment chosen in advance must be made.
The citizenship certificate is issued. Now you are an official citizen of Grenada.
Your passport will now be issued and ready for pickup.
The Grenadian passport is a travel and identity document that is issued to citizens who are nationals of Grenada and allows them to travel abroad. In 2018, holders of a Grenadian passport could visit 141 countries and territories visa-free or with visa on arrival, ranking the Grenadian passport 31th in terms of travel freedom according to the Henley visa restrictions index. Passport holders may travel to Singapore, China and Europe with relative ease and without challenging visa requirements.
|Visa Free Travel||Passport||Costs|
|to 141 countries||after 2-3 months||min. USD 200,000
+ application fee
|Location||Main City||Total area|
|South Caribbean Sea||Saint George´s||344 sq km|
|EC$ (Eastcaribbean Dollar)||approx 108,000||13° 3´ N, 61° 45´ W|
Having a second passport has opened up a lot of new opportunities for my entrepreneurship. Now it is much easier for me to open new businesses in other countries or meet with business partners around the world.
Traveling to and within Europe is very pleasant with the Vanuatu passport. This second citizenship has greatly simplified the opportunities to expand my international business.
Fast and uncomplicated process. The support in the application process and the communication from the consultants of GCI was excellent all the time.