Grenada Citizenship by Investment Program

Grenada Citizenship by Investment

Dual or multiple citizenship generally very much stands out in the high trees of popularity and attraction before some very important groups of people. There are many reasons for acquiring a second passport mobility, financial security, more business potential, and improvement of lifestyle. The Grenada Citizenship by Investment Program is an efficient and flexible choice for you!


ILCB is a dedicated immigration and citizenship advisory consulting firm. We help you process your Grenada Citizenship by Investment Program!


Why Choose Grenada Citizenship by Investment?

The Citizenship by Investment (CBI) program of Grenada is one of the most favourable programs in terms of wider acceptance in the region. Some exceptional privileges keep it far from other programs of the same kind:

  • International Mobility: Grenadian citizens have entry to an excess of 145 countries across the globe without the need for visa requirements, among which are listed the Schengen Zone, the UK, China, Singapore, and Hong Kong.
  • E-2 Visa Treaty: Grenada is a Caribbean nation and has an E-2 Treaty with the United States, which enables its immigrants to apprise themselves of this U.S. investor visa to start up their business for America.
  • Tax Benefits: Grenada is probably the most no-tax environment in the world that does not impose income taxes, wealth taxes, inheritance taxes, or capital gains taxes.
  • Family Inclusion: The program allows applicants to bring in their spouse, children younger than 30 years, dependent parents, and even unmarried siblings.
  • Fast Processing: Citizenship may be granted between 3-4 months, thus considering it among the fastest programs.
  • Dual Citizenship: Grenada acknowledges dual citizenship; as such, clients who apply for a Grenadian nationality will be enjoying such nationality but not forfeiting their previous citizenship.
  • Stable and Safe Environment: Grenada has stable politics complemented by improving economies, safety, and a hospitable population.

All such interesting points make it one of the top choices for people and families residing in others country looking for a second passport to take their cross-border interaction to a higher notch.


Grenada CBI Requirements, Benefits & Qualifying Factors

There are straightforward Criteria for Citizenship by Investment Program in Grenada. Among these that need to be fulfilled by an applicant are:

  • Minimum Age: The principal applicant must be above 18 years - at least.
  • Clean Background: There must be police clearance certificates for all applicants as proof of their good character.
  • Good Health: Healthy applicants without any contagious disease are expected.
  • Financial Means: The applicant must be able to show capability for investment or contribution in the required amounts.
  • Dependents: You can take your partner, children below 25 years and family above 65 years.


Eligibility Requirements:

  • Investment: US$ 350,000 (real estate) OR Donation US$ 200,000
  • Financing Option: None
  • Physical Residency Requirement: None
  • Citizenship Requirement: Eligible after investment
  • Processing Time: 5-6 months
  • Visa free Travel: 108 countries


Qualifying Factors:

  • Applicant must be at least 18 years old.
  • The applications can include spouse and fully dependent children below 25 years old (Full time Student & unmarried)
  • Dependent Parents or Grant parents may qualify as dependents (age above 65)
  • Applicant must make an investment in Grenada. (Real Estate investment for Citizenship or NTF for PR)
  • Only basic documents are needed
  • Applicant must not have any criminal record.
  • Excellent health
  • High personal net worth


Benefits:

  • Fast Government processing within 5 months.
  • Citizenship is in a British Commonwealth country.
  • Grenada recognizes dual citizenship, and does not require people to renounce their current citizenship.
  • No physical residency requirements;
  • No requirements to travel to Grenada during the application process;
  • No interview, education or management experience required;
  • Visa-free travel to over 108 countries including Europe’s Schengen zone
  • E-2 treaty ‘Investor Visa’ signed between Grenada and the United States allows citizens of Grenada to operate a substantial business in the U.S. and reside therein;
  • No tax on worldwide income.


Steps to Obtain Grenadian Citizenship by Investment

The process of acquisition of Grenadian citizenship is very methodical, and efficient and works particularly well with ILCB's internal assistance. Here are the basic steps involved:


Step 1: Initial Consultation with ILCB

You will enjoy a fantastic, personal consultancy where you will assess your eligibility, enlighten you about the program, and find the best possible investment option based on your goals.


Step 2: Document Preparation

ILCB will prepare you for the collection and preparation of all required documents before submission, such as proof of identity, financial statements, medical certificates, and police clearance.


Step 3: Application Submission

Every application is required to be submitted by agents. ILCB, being your partner, will ensure your application is error-free and is complete for further hassle-free submission.


Step 4: Due Diligence Process

The Grenadian government carries out due diligence elaborately to check the information that has been given in the application.


Step 5: Investment or Contribution

Your application will, however, be followed up by an investment or government contribution, depending on what option you choose once the authority grants your application conditionally.


Step 6: Citizenship Approval and Passport Issuance

Once all requirements have been met, certification of citizenship shall be conferred hereunder by certificate and made accessible under a passport from Grenada while assuring individuals of enjoying sovereignty.


Investment Options for Grenadian Citizenship

There are two major investment options through which applicants may qualify for the program:


1. Real Estate Investment:

You can Invest US$ 3,50,000.00 in Real Estate, invest in projects such as luxury hotels, resorts, or boutique properties for at least five years.

  • Purchase of one property for at least US$ 350,000 in a pre-approved real estate in Grenada.
  • The investment must be owned and maintained for a minimum period of 4 years.
  • Property registration, processing fees, due diligence fees and taxes must be paid in addition to the property purchase.


2. National Transformation Fund (NTF) Contribution:

Contribution to the National Transformation Fund of US$ 2,00,000.00. The NTF manages a one-time, non-refundable contribution for any national development projects across Grenada. This kind of option is perfect for individuals or families seeking the easiest and most straightforward route to citizenship.

  • A donation of US$ 200,000 to the National Transformation Fund (NTF).
  • Processing fees and due diligence fees must be paid in addition to the donation.


Fees

 Govt Processing & Administration Fee:

  • Application Fee: US$ 1,500 (per person)
  • Processing Fee: US$ 1,500 (per person 18 years and over)
  • Processing Fee: US$ 500 (per person up to 17 years)
  • Due Diligence: US$ 5,000 (per person 17 years and over)
  • Due Diligence: US$ 8,000 (Non applicant spouse or financial sponsor)
  • PR Card Fee: US$ 1,000 (per person)
  • Passport Fee: US$ 105 (per person)

Note: Application fees charged by Grenada Govt are subject to change.


Why Choose ILCB for Grenada Citizenship by Investment?

ILCB is the proud partner office for clients pursuing their second citizenship. Here is what makes ILCB the best option for you on your Grenadian CBI journey:

 

1. Expertise in Citizenship by Investment

All our expert guidance on such steps will cover preparation for documentation up to obtaining final approval.


2. Personalized Solutions

All standard programs will not meet the individual needs of every client, which is why ILCB offers personalized advice and strategies to align the program with your individual needs.


3. Transparency and Integrity

ILCB operates with the highest standards of transparency and ethics, thus ensuring you are extensively informed and confident every time in the process.


4. Comprehensive Support

From initial consultation through post-citizenship services, we offer end-to-end advice, thus making the experience hassle-free and seamless.


5. Global Presence

With offices in Dhaka and Toronto, we are strategically poised to serve clients from all over the world, providing seamless support and accessibility.


Your Journey Starts Here with ILCB

Grenada Citizenship through Investment is not merely a second passport acquisition; it's about an unlocked world of your opportunities and those of your family. On the other hand, global mobility, business expansion, or a better lifestyle expect with Grenada, a safe, fruitful way to make dreams come true.

Mr. Sudhir Saha of ILCB has been licensed as a Marketing Agent approved by Citizenship by Investment Committee of the Govt. of Grenada.


At ILCB, we're here to walk you through the process with professionalism, care, and expertise. Let us lead you at every step along this transformed journey.

Contact ILCB today to commence your application for Grenada Citizenship by Investment to take the first step towards a brighter, more secure future.