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The Grenada Citizenship by Investment Programme is one of the most robust Caribbean immigration investment programmes, designed to drive the country’s development through foreign investment. Unique among Caribbean countries, Grenada holds the E-2 visa treaty with the US, enabling citizens to apply for a non-immigrant visa and reside there.
The Government of Grenada allows eligible applicants to secure Citizenship by Investment through two different qualifying contribution options. These are:
Donation to the National Transformation Fund (NTF)
Single applicant:
USD 150,000
Additional dependent child up to 30 years of age:
USD 25,000
Dependent parents aged over 55:
USD 25,000
An applicant with up to 3 dependents:
USD 200,000
Dependent parents aged under 55:
USD 50,000
Invest in one of the real estate asset classes approved by the Government of Grenada. These are:
Freehold property with title deed
Fractional ownership
Hotel shares
Land
A holding period of five (5) years applies to the investment.
Minimum investment amount:
USD 220,000
The Government fees that need to be paid apart from the purchase of real estate include:
Government Fees: USD 50,000
Additional child up to 30 years of age:
USD 25,000
Dependent parents aged over 55:
USD 25,000
Dependent parents aged under 55:
USD 50,000
Both investment options have separate additional processing and application costs associated with them.
Processing fees per person:
USD 1,500
Processing fees for dependents aged 16+:
USD 1,500
Processing fees for dependents up to 16 years:
USD 500
Application fees per person:
USD 1,500
The applicant must pay a compulsory background check fee to a Government-preferred due diligence agency. The agency will use Interpol, World-Check and other Government agencies for applicant screening purposes.
Due Diligence per person:
USD 5,000
Due Diligence for children aged 17-30:
USD 5,000
Due Diligence for children aged 0-16:
No Charge
Due Diligence for dependent parents:
USD 5,000
A fully itemized quotation with no hidden costs is provided to clients that lists Passport Legacy’s professional fees, official application forms, certification of citizenship and passport, courier & other disbursements.