overview of the grenada citizenship by investment program
Grenada’s National Transformation Fund (NTF).
As part of the Grenada CBI program, applicants may choose to donate $150,000 USD to Grenada’s National Transformation Fund (NTF) – a fund responsible for financing projects that benefit Grenada’s economy and help its diversification.
This is a one-time contribution for a single-applicant, and you may apply immediately for citizenship. If you wish to include family-members, an additional $50,000 is required and will cover a family of up to four people. The general timeline for government processing is roughly 3-5 months.
We support our clients through every step of the Grenada Citizenship process.
Grenada Approved Real-Estate Project.
A $220,000 USD investment through select hotel-resort development projects.
The Grenadian CBI committee has pre-approved several developer projects that can qualify for CBI investment.
Many of these projects are seaside luxury, hotel-resort real estate developments and include a multitude of investor incentives. Unlike the $350,000 real-estate title purchase for the CBI program, select developers offer a partial-share transaction of $220,000 that permits investors to qualify for Grenadian citizenship program by acquiring shares of the underlying resort-development.
As one of the oldest international service providers for the Grenada CBI Program, our legal and financial partners are amongst the most trusted in the in global migration industry.
Core Requirements for Grenada CBI Application
Documented Proof for source of funds
Evaluation of personal net-worth
Demonstration of good physical health and character
Over 18-years old & No criminal Record
The Application Process.
STEP 1. Choose your investor-pathway for the Grenada CBI program.
There are essentially two different ways to qualify for the Grenada CBI program: the National Transformation Fund (NTF) and Real-Estate purchase route. Choosing your investment pathway will depend on several factors, including your overall financial investment and immigration goals.
At Global Citizenship Services, our team of CBI experts will learn more about you individual global migration goals, and provide detailed advice as to next steps. We will evaluate the most suitable CBI Grenada pathway and facilitate introductions to vetted Grenada developers and resort-projects so you may learn more about potential investment opportunities.
STEP 2. Choose an Authorized International Marketing Agent.
Applications for citizenship may not be submitted directly to Grenada’s Citizenship by Investment Committee (CBIC). Instead, applications must be submitted directly through an authorized international marketing agent.
STEP 3. Prepare and Submit Application.
We will provide all the necessary support to prepare your Grenada CBI application for submission to CBIC. By law, all Grenada CBI applications are submitted through an Authorized Local Agent.
STEP 4. Obtain you Passport.
After due-diligence checks and approval the passport will be issued. There are currently no requirements to visit Grenada or be interviewed to obtain your passport.
Grenada CBI: Frequently Asked Questions
Who are considered dependents for the Grenada CBI program? Do my family members also get passports?
The Grenada citizenship by investment program is one of the most attractive when it comes to your “dependents” also obtaining a passport. For Grenada, your dependents are considered children under-30 that are financially dependent on the main applicant. It also includes dependent parents. Generally, a family of up to four may be included on the main-investor application, however, additional fees to apply depending on the investment-route (i.e. NTF v. real-estate).
We are also able to advise you with regards to structuring a Grenadian passport application in a way that considers your long-term immigration goals. For example, if you have no intention to reside in Grenada, and your objective is to take advantage of the US E-2 Treaty Investor program, you may only need to file one-application for the main investor. This can save a minimum of $50,000 USD in fees.
To learn more about the Grenada investor program and fees as it applies to your situation, please contact us today.
How long does it take to obtain a Grenadian passport?
Applications are usually approved within 60 business days. Generally, it will take anywhere from 2-4 months to go through the entire process, and this varies depending on the type of application and details of the applicant.
Do I need to give up my existing passport?
Grenada recognizes dual-citizenship – thus it is not required to renounce your existing citizenship in order to obtain a Grenadian passport. It is important to understand the regulations that govern your own nationality – for instance, India does not recognize dual-citizenship, and it would be necessary for an Indian national consider the Overseas Citizenship of India (OCI) program before moving ahead with another citizenship application.
Grenadian passports are valid for a period of five-years and may renewed through a Grenadian Consulate (London) or directly with the Grenadian passport office.
Do I need to live in Grenada to get Citizenship?
Grenada has no physical residency requirements. It is not necessary to live or reside in Grenada after obtaining a Grenadian passport. In fact, to go through the Grenada citizenship process it is not required to visit – although, it is difficult to resist the temptation if its Caribbean vibes.
Where is Grenada?
The island of Grenada is a sovereign state in the West Indies in the Caribbean Sea at the southern end of the Grenadines archipelago.
Its location is well-connected to major international airports, including cities within the United States, Central and South America. From the capital city, St. George, you can reach New York in under 5-hours, and Miami in under 4-hours.
What are authorized local and international agents?
In order to help regulate the overall CBI program, the Grenadian government has taken several security measures.
Authorized local agents are required to help facilitate a Grenadian CBI application and consist of local professionals (such as lawyers, migration agencies, etc.) that are licensed and regulated by the CBI committee. A list of CBI lawyers is maintained on the government website, and oftentimes the CBI application includes a fee for the local authorized agent.
Authorized international marketing agents, are also a necessary part of the overall CBI process and security policy. These are international entities that are permitted to promote, market and disseminate information about Grenada’s citizenship by investment program.