The Citizenship by Investment Committee (CBIC) was established by the Honourable Prime Minister of Grenada and is the Government authority responsible for processing all applications for Citizenship by Investment by applicants and their family.
Grenada is an island country, consisting of itself and six smaller islands at the southern end of the Grenadines in the south eastern Caribbean Sea. Grenada is located northwest of Trinidad and Tobago, northeast of Venezuela, and southwest of Saint Vincent and the Grenadines.
Grenada, known as the ‘Spice Isle’, an exporter of cinnamon, cloves, ginger, coco, nutmeg, and fruit, is one of the most beautiful and lush islands in the West Indies. Unspoilt and exotic, Grenada’s Dramatic scenery, tropical rain forests, waterfalls and golden beaches will appeal to visitors from around the world.
Grenada is a member of the United Nations, the British Commonwealth, Caricom and the Organisation of American States (OAS) among many other international organisations. Holders of the Grenada passport enjoy visa free travel to approximately 120 countries, including the U.K., and the countries of the Schengen area, China, Hong Kong, Singapore and most of South America. Grenada further enjoys an E2 investor treaty with the United States allowing for application of E2 visas for qualified citizens.Enquire Now
In order to qualify for Citizenship by Investment, applicants must make an investment of no less than $350,000 inclusive of the governmental fees. $275,000 is the investment to purchase 2,750 Grenada Sustainable Aquaculture preferred shares. The shares can be fully redeemed at the original purchase price after a mandatory 5 year holding period under the developer buyback program. Furthermore, the shares carry a dividend incentive; please refer to the question and answer page or contact one of our designated representatives to find out more.
Grenada is located northwest of Trinidad and Tobago, northeast of Venezuela, and southwest of Saint Vincent and the Grenadines. Located 12 degrees north of the equator, Grenada lies at the southernmost tip of the Windward Islands just outside the hurricane belt in the south eastern Caribbean Sea.
The island’s population is 100,000. Roman Catholics account for 53% of the population with a further 33.2% Protestants and 13.8% Anglicans.
English is the official language and by far the predominant language. French, Spanish and Italian can be heard from time to time.
The climate in Grenada is tropical with average temperatures of around 28 °C year round. It is a sunny island enjoyable all months of the year, and with cooler breezy locations in the mountains.
The capital of Grenada is St. George.
The island has a time difference of 5 hours behind GMT, 1 hour ahead of Washington DC, during standard time.
Grenada has a stable economy, relying mainly on agriculture and tourism. Agricultural produce includes bananas, cocoa, nutmeg, mace, citrus, avocados, coffee, sugarcane and many exotic spices. The currency is the Eastern Caribbean (EC) dollar which is linked to the US dollar. Major credit cards are accepted at most hotels, car rental companies and shops. Travellers cheques are accepted throughout the Island.
Grenada is just 3 hours from Miami, 4 hours from New York and Toronto and 8 hours from London, all by direct air service. Port of Spain (Trinidad) is just 20 minutes flight away, Barbados just 40 minutes and South America (Venezuela) 45 minutes. The modern airport accommodates international flights including:
Under the terms of the Citizenship by Investment program you will not be liable to any income tax, capital gains tax or inheritance tax.