GRENADA CITIZENSHIP BY INVESTMENT
CAPITAL CITY
Saint George’s
LANGUAGE
English, French Patois
POPULATION
107,320
TIME ZONE
UTC-4
VISAFREETRAVEL
143 countries incl. the EU Schengen Area, China, Russia and the UK
DUAL CITIZENSHIP
Permitted
TOTAL AREA
348.5 km2
CURRENCY
Eastern Caribbean Dollars (XCD), pegged to USD
GRENADA
Known as the ‘Spice Island’ of the Caribbean, Grenada is a small island in the Caribbean enjoying a steady economic growth and political stability. The country has virtually no crime and offers a high standard of living to all its’ citizens.
Grenada gained independence from the British in 1974 and is a full member of the Commonwealth of Nations, the Caribbean Community and Common Market (CARICOM) , as well as the World Trade Organisation (WTO).
Grenada Citizenship offers visa-free travel to over 100 countries, including the European Schengen Area to both the applicant as well as family members.
LEGAL BASIS
According to the agreement signed on 18 May 1963 between France and Monaco, and to the Sovereign. Ordinance no. 3153 of 19 March 1964, anyone wishing to enter into the territory of the Principality of Monaco, and remain for less than three months, must be in possession of a valid document for entering into France Individuals who are at least 16 years of age and wish to reside in Monaco for a period exceeding three months must apply for a residence permit (carte de séjour) from the local Monégasque authorities.
LEGAL BASIS
The Grenada Citizenship by Investment Programme commenced in August 2013 by virtue of Act No.15, 2013 also known as the Grenada Citizenship by Investment Act.
To preserve the prestige, value and integrity of the Grenada Citizenship by Investment Programme, strict but straightforward legal protocols were put into place.
BENEFITS
Fast process; < 3 months
Unrestricted right to live, travel and study in the CARICOM
Access to the United States' E-2 Visa Programme
Visa free access to 143 countries incl. EU countries, Russia, Caribbean and Commonwealth Nations & China
No residency requirement in Grenada before, during or after application
Children & parents included Citizenshipis passed down
ELIGIBILITY
Eligible dependents include the spouse and children under the age of 30 years, as well as dependent parents above the age of 55.
INVESTMENT OPTIONS
The Grenada Citizenship by Investment Programme provides investors with two main options; either a contribution to the Grenada National Transformation Fund (NTF) or an investment in an approved real estate project. The NTF is a means of transforming Grenada’s economic architecture and it finances projects in various sectors including agriculture and alternative energy. The National Transformation Fund option consists of a non-refundable contribution of a minimum of $150,000.
The second route to Grenada Citizenship is an investment in Government-approved projects, which includes real estate developments such as villas and resorts. In thisregard, an applicant is required to make an investment of $350,000 and may select one of the available projects.
FURTHER QUALIFICATIONS
The applicant must be at least eighteen years of age and have a clean criminal record. He/She must be of good moral character and be able to verify source of funds.
MINIMUM ELIGIBILITY REQUIREMENTS
