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CARIB INTERNATIONAL
1416 Burlington Tower
Business Bay, Dubai, UAE
PO Box 24528

Grenada

Grenada, known as the ‘Isle of Spice,’ is one of the most magnificent islands in the West Indies. Un-spoilt and exotic, it astounds visitors with its wildly jagged mountain peaks, hidden coves, spice plantations, and lush verdant rainforests. Its beaches are idyllic, with white or golden sand, palm trees, and the delicate aroma of the island’s native spices.

In addition to its scenery, Grenada offers culture, fun, and friendliness typical of the authentic Caribbean life – making Grenada the perfect place in which to live, work and play.

The nation of Grenada, measuring 344 km2, is composed of three key islands: Grenada and its sister islands Carriacou and Petite Martinique. Each is beautiful and rich in culture, historic sites, fresh culinary delights, and much more. Carriacou is only a 90-minute boat ride from St. George’s, the nation’s capital city.

Grenada was traditionally inhabited by Carib Indians who migrated from the South American mainland. The island was originally known as Camerhougue, but Christopher Columbus renamed it ‘Concepción Island’ when he visited it in 1498. Successive Spanish sailors found it to be so evocative of Andalucía’s green mountain scenery that they named it after the city of Granada.

Grenada was a French and British colony but gained independence from the United Kingdom on February 7, 1974.

Grenada’s population is highly educated and has a very high literacy rate. St George’s University hosts 6,000 students from over 140 countries, offers faculties of Medicine and Veterinary Science, and has been operating for thirty-five years. In addition, a full medical teaching hospital will be developed in the near future.

Large-scale tourism is a recent phenomenon, and Grenada is largely undiscovered and full of opportunity.

View the detailed leaflet for Grenada Citizenship by Investment.

To acquire the Citizenship of Grenada, an applicant can either contribute/donate to the National Transformation Fund (NTF) or Purchase a real estate from the list of Government Approved projects.

National Transformation Fund (NTF) (Option 1)

  • Under this option applicants pays a non-refundable US$200,000 to the Government of Grenada to qualify the investor and his/her spouse and up to 2 dependent children below the age of 30.
  • A contribution of US$25,000 is required for any additional dependent after the third dependent.
  • Single applicant: US$150,000. *If the main applicant is married but does not intend to include the spouse in the application, an additional US$ 8,000 fee is applicable.

Real Estate (Option 2)

Purchase of an authorized real estate with minimum value of US$350,000.
The investment is subject to a minimum holding period of four (4) years.

In addition to the real estate investment, the following Government Fees apply:

  • Family of up to 4 (Main. Applicant + up to 3 dependents): US$50,000
  • Every Additional dependent: US$25,000 per additional dependent after the third

Due Diligence & Government fees
(required for both Real Estate and Government Fund options)

  • Main Applicant & Spouse: US$ 5,000 each
  • Dependents aged 17 and above: US$ 5,000 each
  • Government Processing Fee:
    • US$1,500 per person (Applicants aged 17 and above)
    • US$500 per person (Applicants aged 16 and below)
  • Application Fee: US$1,500 per person
  • Passport & PR Fee: US$350 per person
  • Government Bank Charges 1% (+VAT of the 1%): on funds transferred to Grenada

*If the main applicant is married but does not intend to include the spouse in the application, an additional US$8,000 fee is applicable.

PROCEDURE

  • Completion of citizenship application and supporting documents.
  • Remittance of relevant fees and due diligence fees.
  • Application submission to the Government.
  • Application is vetted through a thorough due diligence background check.
  • Government makes a decision whether application is successful, delayed or rejected.
  • If successful, remittance of investment.
  • Issuance of Certificate of Registration.
  • Passport application and issuance.

 

The due diligence background check takes 90 days only.

Below is the list of documents required for completion of the application. Our paralegal team will assist applicants along with providing all the necessary Government applications required.

  • CLIENT ENGAGEMENT AND FEE AGREEMENT (GA)*
  • LIMITED POWER OF ATTORNEY (GPOA)*
  • CLIENT DECLARATION (GD)*
  • PASSPORT PHOTOS (12PCS)
  • FORM 3 – HOME OFFICE PARTICULARS*
  • FORM 5 – EMPLOYMENT STATUS*
  • FORM 6 – INVESTMENT CONFIRMATION*
  • 12 MONTHS BANK STATEMENTS
  • ORIGINAL CURRICULUM VITAE (CV)
  • PASSPORT APPLICATION FORMS*
  • LETTER OF AUTHORIZATION*
  • SALES AND PURCHASE AGREEMENT (for Real Estate Option Only)
  • BANK KNOW YOUR CLIENT FORM*
  • FORM 1: PERSONAL INFORMATION*
  • FORM 2: FINGERPRINTS*
  • OATH OF ALLEGIANCE*
  • AFFIDAVIT OF SUPPORT FOR DEPENDANTS OVER 18*
  • POLICE CERTIFICATE
  • COLOUR COPIES OF FIRST 3 PAGES AND LAST 3 PAGES OF ALL CURRENT PASSPORTS
  • 2 COLOUR COPIES OF BIRTH CERTIFICATES
  • COLOUR COPY OF NATIONAL ID DOCUMENT
  • PROOF OF RESIDENTIAL ADDRESS
  • COLOUR COPY OF MARRIAGE AND DIVORCE CERTIFICATES
  • COLOUR COPY OF MILITARY RECORD CERTIFICATE (if applicable)
  • COLLEGE OR UNIVERSITY DIPLOMA / TRANSCRIPT
  • COLOUR COPIES OF SOURCE OF FUNDS DOCUMENTS
  • COLOUR COPIES OF NAME CHANGE DOCUMENT (if applicable)
  • FORM 4: MEDICAL HEALTH CERTIFICATION*
  • HIV TEST RESULT
  • 1 BANK REFERENCE LETTER IN ENGLISH
  • 1 PROFESSIONAL REFERENCE IN ENGLISH
  • FOR DEPENDANT CHILDREN AN ORIGINAL CONFIRMATION LETTER FROM AN EDUCATION INSTITUTION

*All documents with (*) will be provided by us once initial payment is received.
Note: Documents provided must be in English or legally translated and attested.

For Application Guide to Citizenship Application, please click here.

Benefits of Grenada Citizenship:

  • Full citizenship, including the right to work, live, and study in Grenada
  • No requirement to reside in Grenada before, during, or after application
  • Visa-free travel to more than 141 countries (EU & Schengen; China, and UK)
  • No taxes on income, capital gains, gifts, wealth and inheritance.
  • No interview or education or management experience required
  • Well known, stable, and established investment environment
  • The opportunity to maintain dual citizenship
  • E-2 treaty ‘Investor Visa’ signed between Grenada and the United States allows citizens of Grenada apply for E2 Visa to set-up business in US.

Grenada list of Visa-Free Countries

* Visa on arrival ** eTA

EUROPE
Slovakia Malawi Dominica
Andorra Slovenia Mauritania * Dominican Republic
Austria Spain Mauritius French West Indies
Belgium Sweden Mayotte Haiti
Bosnia and Herzegovina Switzerland Mozambique * Jamaica
Bulgaria United Kingdom Rwanda * Montserrat
Croatia Vatican City Senegal St. Kitts and Nevis
Cyprus
ASIA
Seychelles * St. Lucia
Czech Republic Bangladesh Somalia * St. Maarten
Denmark Cambodia * St. Helena * St. Vincent and the Grenadines
Estonia China Tanzania Trinidad and Tobago
Faroe Islands Hong Kong (SAR China) Togo * Turks and Caicos Islands
Finland Indonesia Uganda Argentina
France Laos * Zambia Belize
Germany Macao (SAR China) Zimbabwe Bermuda
Gibraltar Malaysia
OCEANIA
Bolivia *
Greece Maldives * Cook Islands Brazil
Greenland Nepal * Fiji Chile
Hungary Philippines French Polynesia Colombia
Iceland Singapore Kiribati Costa Rica
Ireland South Korea Micronesia Ecuador
Italy Sri Lanka ** New Caledonia French Guiana
Kosovo Timor-Leste * Niue Guyana
Latvia Armenia * Palau Islands * Nicaragua *
Liechtenstein Iran * Samoa * Panama
Lithuania Israel Solomon Islands * Peru
Luxembourg Jordan * Tuvalu * Suriname
Malta Palestinian Territory Vanuatu Uruguay
Moldova
AFRICA
AMERICA
Venezuela
Monaco Botswana Anguilla
Montenegro Cape Verde Islands * Antigua and Barbuda
Netherlands Comoros Islands * Aruba
Norway Egypt * Bahamas
Poland Eswatini (Swaziland) Barbados
Portugal Gambia Bonaire; St. Eustatius and Saba
Romania Guinea-Bissau * British Virgin Islands
Russian Federation Kenya Cayman Islands
San Marino Lesotho Cuba
Serbia Madagascar * Curacao

*Visa on arrival
(eTA) : E-Tourist Visa

**Visa-free travel to the countries listed above are subject to change. It is strongly advisable that the relevant Government authorities and agencies are contacted prior to travel arrangements made. For updated information, check KNOW BEFORE YOU GO.

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