Grenada
The Grenada Citizenship by Investment Program was launched in August 2013 when the Grenadian parliament passed the Citizenship by Investment Act, 2013. GCS was formally mandated in 2016 by the Government of Grenada to revitalize, enhance, and relaunch the program globally.
Country Overview
Visa-free or visa-on-arrival travel to over 140 destinations including China, Russia, Singapore, the UK, and Europe’s Schengen Area
Country Information
Grenada is a picturesque island with exotic, diverse topography, breathtaking beaches, and a year-round temperate climate. Often referred to as the ‘Spice Island’ for its nutmeg and mace crops, Grenada is an English-speaking Commonwealth country with a common law legal system and a stable government.
Population: | 114,300 |
Languages: | English |
Economy: | Tourism-based |
Currency: | Eastern Caribbean dollar |
Citizenship by Investment Overview
The Grenada Citizenship by Investment Program requires applicants to make a significant economic contribution to the country.
Investment
Minimum contribution of USD 235,000
Key benefit
Freedom of travel to Grenada, China, Russia, Singapore, the UK, and Europe’s Schengen Area, among others
Grenada Real Estate
Everything you need to know about acquiring premium real estate in Grenada and linked to the Grenada Citizenship by Investment Program.
Holding period of real estate
5 years
Minimum real estate investment
USD 270,000
Type of ownership
Sole ownership
Rental income opportunity
2-5%
An Introduction to Grenada
Grenada gained independence from Britain in 1974 and is part of the British Commonwealth. The country has a small but open tourism-based economy. Its principal export crops are mace and nutmeg; Grenada is the world’s second-largest producer of nutmeg, after Indonesia.
The Grenada Citizenship by Investment Program was relaunched in 2013 with the passing of the Citizenship by Investment Act, 2013. Grenadian passport holders can travel visa-free or by visa on arrival to 145 destinations such as China, the UK, and Europe’s Schengen Area, as well as to other key business and lifestyle destinations. Grenada is the only Caribbean country with a citizenship program that holds an E-2 Investor Visa treaty with the USA, which allows Grenadian citizens to apply to the USA for a nonimmigrant visa.
Residency-by-Investment (RBI) Programs
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