Grenada, having achieved independence from Britain in 1974, remains an integral part of the British Commonwealth. The nation boasts a relatively small yet open economy, predominantly centered around tourism. A significant aspect of its economic landscape is the cultivation and export of mace and nutmeg, making Grenada the world's second-largest nutmeg producer, outranked only by Indonesia.
The Grenada Citizenship by Investment Program underwent a rejuvenation in 2013, thanks to the enactment of the Citizenship by Investment Act, 2013. This initiative allows individuals to obtain Grenadian citizenship through investment, unlocking a range of valuable benefits. Notably, holders of Grenadian passports enjoy the privilege of visa-free travel or visa-on-arrival access to 145 destinations, including prominent locations like China, the United Kingdom, and Europe's Schengen Area. This makes Grenadian citizenship an appealing choice for both business and leisure travelers, granting seamless access to key international destinations.
Furthermore, Grenada stands out as the sole Caribbean country with a citizenship program that boasts an E-2 Investor Visa treaty with the United States. This unique treaty permits Grenadian citizens to apply for a nonimmigrant visa to the USA, opening doors to various business opportunities and enhancing international mobility for investors and entrepreneurs seeking to expand their ventures in the United States.
Minimum contribution of USD 150,000
The privilege of unrestricted mobility to various destinations including Grenada, China, Russia, Singapore, the UK, and Europe's Schengen Area, among other countries.
Three–four months
The Grenada Citizenship by Investment Program requires applicants to make a significant economic contribution to the country. Making it more reliable and explorative to the travelers.
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With visa-free or visa-on-arrival privileges encompassing over 140 destinations, the Grenada Citizenship by Investment Program offers remarkable global mobility, including access to prominent countries like China, Hong Kong, Singapore, the UK, and Europe's Schengen Area. Setting itself apart from other Caribbean programs, Grenada holds an E-2 Investor Visa Treaty with the USA, allowing citizens to apply for a non-immigrant visa after residing in Grenada continuously for three years. The program also allows for the transfer of citizenship to new spouses and future generations, providing extended family inclusion. Dual citizenship is permitted, and there are no minimum stay requirements, granting immense flexibility and opportunities to those seeking citizenship through this program.
To be eligible for citizenship, the main applicant must be above 18 years old, fulfill application criteria, and meet one of the two main qualifying pathways. The first option is the National Transformation Fund donation, requiring a minimum non-refundable contribution of USD 150,000 for single applicants. Alternatively, applicants can opt for the real estate route, involving a minimum purchase of USD 220,000 from a government-approved project, along with an additional non-refundable contribution of USD 50,000.
The application process for Grenadian citizenship is efficient and straightforward, and there is no need for the applicant to visit Grenada. Glocal Opportunities will provide the application pack, containing all required documents and detailed instructions. After thorough review to ensure accuracy, the application is submitted, and the government typically responds within 90 days. Successful applicants receive their passports within 10 working days, coordinated by Glocal Opportunities. For the real estate option, the time frame depends on the project, and Glocal Opportunities will assist in selecting a suitable project and obtaining necessary paperwork.
