Grenada Citizenship by Investment Program

The Citizenship by Investment Committee (CBIC) was established in 2013 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 143 countries (pre-covid19), 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.

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Grenada Citizenship – Benefits

• No visit required to Grenada
• Citizenship Certificate and Passport issued normally 60-90 business days after application
• Investment funds and all fees made securely into escrow and released upon grant of citizenship
• Visa Free travel to over 143 countries (pre-covid19) including the UK, Schengen states, Hong Kong, Singapore, and China
• Possibility to obtain E2 investor visa or 10 year multiple entry visa to the United States
• No educational or language requirement
• Lifetime citizenship
• Dual citizenship allowed
• Citizenship for dependant family members such as Spouse, children up to 25 years old and parents
• Beautiful Island to reside and vacation in
• Growing economic market
• Generous tax regime, no taxation on wealth, inheritance, foreign income or capital gains

NTF Government Donation

In order to qualify for Citizenship by Investment, applicants must make a non-refundable donation of $150,000 for single applicant and no less than $200,000 for a family application. Please submit an enquiry for more details and cost calculation.

Location

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.

People

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.

Language

English is the official language and by far the presinant language. French, Spanish and Italian can be heard from time to time.

Climate

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.

Capital

The capital of Grenada is St. George.

Time

The island has a time difference of 5 hours behind GMT, 1 hour ahead of Washington DC, during standard time.

Economy

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.

How to get there?

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:

• British Airways and Virgin Atlantic from London
• American Airlines from Miami, Delta and Caribbean Airlines Air Canada and Caribbean Airlines from Toronto
• Conviasa from Venezuela
• Liat and SVG provide regional, inter island flights SVG also handle all private jets. A VIP airport service is available upon request
• Newly added in 2015 a weekly Delta flight from Atlanta and weekly Jet Blue from JFK has been added

Will I be liable to any taxes in Grenada?

Under the terms of the Citizenship by Investment program you will not be liable to any income tax, capital gains tax or inheritance tax.