FAQs
Frequently Asked Questions
What is Citizenship by Investment in Grenada?
Grenada Citizenship by Investment is a program that allows foreign investors to earn Grenada citizenship by investing in the country’s economy.
What are the advantages of citizenship in Grenada under the Citizenship by Investment program?
Some advantages of Grenada Citizenship by Investment include visa-free or visa-on-arrival travel to over 140 countries, the opportunity to reside and work in Grenada, and membership in the Caribbean Community (CARICOM) and Commonwealth of Nations.
What types of investments qualify for Grenada Citizenship?
The Grenada Citizenship program currently offers two investment options: a donation to the National Transformation Fund or a real estate investment in an approved project.
How much must I invest to qualify for Grenada Citizenship?
The minimal investment for Grenada Citizenship varies based on the investment option selected. A minimum commitment of USD 235,000 is required for a donation to the National Transformation Fund, while a minimum investment of USD 270,000 is needed for real estate.
How long does the Grenada Citizenship by Investment process take?
The procedure typically takes 4-6 months from when the application is submitted to when the applicant receives citizenship.
Is Grenada Citizenship by Investment a permanent citizenship?
Grenada’s Citizenship by Investment is permanent and can be passed down to future generations.
Can I include my family members in my application for Grenada Citizenship?
Yes, family members such as a spouse, children under the age of 30, and dependent parents over the age of 55 can be included in a Grenada Citizenship by Investment application.
Are there any limitations on Grenada citizens having dual citizenship?
No, dual citizenship is permitted in Grenada, and there are no restrictions on holding Grenada citizenship in addition to citizenship in another nation.
Can I enter the US with a Grenada passport obtained through the Citizenship by Investment program?
No, Grenada citizens who get citizenship through the Citizenship by Investment program are not eligible for the E-2 visa program, which permits visa-free travel to the United States for business purposes. However, Grenada citizens may still apply for a visa to the United States with their passports.