
Grenada, often dubbed the “Spice Isle,” is a captivating Caribbean nation renowned for its lush landscapes, vibrant culture, and welcoming locals. Nestled in the southeastern Caribbean Sea, Grenada comprises the main island of Grenada and smaller sister islands like Carriacou and Petite Martinique.
The island’s rich history, influenced by French and British colonial legacies, is reflected in its charming architecture, culinary delights, and cultural traditions. Visitors are drawn to Grenada’s pristine beaches, verdant rainforests, and picturesque waterfalls, such as the iconic Annandale Falls and Grand Etang Lake.
The island’s spice industry, centered around nutmeg, cinnamon, and cloves, adds a fragrant allure to its allure. With a warm tropical climate year-round, Grenada offers a haven for both relaxation and adventure, making it a sought-after destination for travelers seeking a quintessential Caribbean experience.
Where Borders Fade, Opportunities Rise
Grenada initiated its Citizenship by Investment Program (CIP) in 2013 under the Grenada Citizenship by Investment Act to bolster foreign investment, spur economic growth, and bolster national development. The program offers various investment pathways, including contributions to the National Transformation Fund (NTF), real estate ventures, or government-approved businesses, akin to other Caribbean CIPs. Grenadian citizenship extends visa-free travel to many countries, enticing those seeking enhanced global mobility and business prospects.
The program has notably fueled job creation, infrastructure advancement, and overall economic well-being in Grenada. Through periodic adjustments and rigorous due diligence measures, Grenada ensures the program’s integrity and attractiveness to investors. Ongoing evaluation and oversight guarantee adherence to international standards, transparency, and effectiveness.
In essence, Grenada’s CIP stands as a pivotal driver of foreign investment, economic progress, and global competitiveness, granting individuals the chance to acquire Grenadian citizenship with privileges including visa-free travel and potential business ventures within the nation.
Individuals can retain their original citizenship(s).
Access to investment opportunities, business ventures, and educational pursuits in Grenada and the wider Caribbean region.
Approvals typically granted within a few months.
Spouse, children, unmarried siblings aged at least 18, dependent parents and grandparents
Access to over 140 countries, including the Schengen Area, the United Kingdom, Singapore, and more.
Quality education and healthcare services and high standard of living.
No tax on personal worldwide income, capital gains tax, inheritance tax, or estate tax.
The only Caribbean country that allow their citizens to apply for the E-2 Visa and settle in USA.
Minimum Investment of $US220,000 in shares or $US350,000 as sole investor. Resell possible after 5 years.
Non-Refundable contribution
starting $US150,000
1- Minimum Investment – Make a qualifying investment in one of the approved options.
2 – Background Checks – Undergo thorough checks for criminal, financial, and reputational issues.
3 – Health Check – Undergo a medical exam to ensure no health risk to Grenada.
4 – Application Process – Prepare and submit all required documentation to the Grenada CIU.
5 – Financial Capability – Show financial capability to cover investment and fees.
6- Dependent Inclusion – Include qualifying family members in the application, with additional fees.
Specific requirements and eligibility criteria may vary depending on individual circumstances and the chosen investment option. Overseas’ advisors are updated by any changes and will provide clear guidance throughout the application process.
Preparation and Documentation Gathering
(2-4 weeks)Preparation and Documentation Gathering
(1 week)Due Diligence and Background Checks
(2-3 months)Mandatory Interview
(1 week)Approval and Investment
(2-4 weeks)Citizenship Certificate and Passport
(2-4 weeks)Overall, the entire process typically takes around 4 to 6 months, although it can vary based on individual circumstances and the efficiency of the application process. Overseas’ Legal Team works closely with the citizenship committee to ensure that all requirements are met and to expedite the process.
The following nationalities are banned outright from the Grenada Citizenship by Investment Program WITH NO EXCEPTIONS
Nationals of the countries listed below are in principle ineligible to apply to obtain the citizenship of Grenada but may become eligible if they meet certain criteria:
Eligible applicants may be subject to enhanced due diligence, which comes at a significantly higher cost to the applicant.