Program:

Launched in August 2013, the Grenada Citizenship by Investment program is one of the newer Caribbean programs. The mission of the Citizenship by Investment program is to strengthen the country by creating economic growth through foreign investments. As an applicant, you must be at least 18 years of age, of good character and without a criminal record. Additionally, you are required to make a non-refundable donation to the National Transformation Fund or make an investment in government-approved real estate projects. usually take about 4-6 months to get passport .

Requirements:

1. Main Applicant
– Over 18 years old
– Good health
– No criminal record
– Successfully pass due diligence checks
– Receive approval by the Government
– Confirmed investment sources

2. Eligible Dependents
– Spouse of the main applicant
– Children (biological or adopted) under 30 years of age
– Dependent Parents
*Parents and children older than 18 must be dependent on the main applicant.

Process:

1. Book your free consultation with Plan B migration of experts to discuss and decide which program and investment route is best suited to you and your family. Our experienced consultants will provide you with a personalized quotation which will cover all applicable fees. They will advise and guide you through the entire process in detail.

2. For your peace of mind, before you commit, Plan B migration will run a pre-application background check to ensure your application is likely to be successful. Once this has been completed and you are happy to proceed, you can formally initiate the process by signing our Client Facilitator agreement and paying the pre-application deposit.

3. Plan B migration in-house processing team will work closely with you to prepare your application. Once your file has been fully compiled our team will submit your application to Grenada’s Citizenship by Investment Unit (Grenada CIU). Government fees will be required at this stage. From this point applications take an average of 60-90 days to be processed.

4. Following the Grenada Citizenship Unit’s comprehensive due diligence checks and analysis of your application, an approval letter from the government will be issued and you will then be required to make the final payment. The passport will be issued within approximately one month and sent to you by secure and recorded delivery.

Benefits:

– Visa Free access to 140+ countries

– No personal or worldwide income tax

– Dual citizenship permitted

– No physical residency requirements

– The Grenada program is the only one of the Caribbean citizenships by investment programs that offers an opportunity to obtain an E-2 Investor visa in the United States of America

Cost:

1. Non-refundable Payment to Grenada NTF fund.
The Grenada citizenship program applicant must invest a total of $150,000 USD into the NTF. For a family of 4, there is an additional fee of $25,000 for each additional dependent.

2. Investment in an approved real estate in Grenada.
A minimum investment of $150,000 USD (for each share in a unit) by two or more individuals is required in a GCBI approved project valued at a total minimum of $440,000 USD. This new price is only applicable in cases where applicants co-invest in a unit. Secondary purchasers of real estate units in approved projects are also eligible to obtain citizenship.