Grenada
Citizenship | Grenada
About Grenada
Grenada is a small sovereign island nation located in the Caribbean territory. It gained its sovereignty and independence from the United Kingdom in 1974 and is part of the Commonwealth of Nations due to its historic relation with the UK. Its economy is primarily based on both agriculture and tourism due to its tropical island nature and pristine beaches. It is widely known for St. Georges Medical University, a US accredited university stationed in Grenada’s capital which sees both American and international students calling Grenada home. Its official language is English and its population stands at approximately 125,000.
Country Information
Location: Eastern Caribbean Island
Language: English
Population: 125,000
Economy: Agriculture and Tourism
Currency: Eastern Caribbean Dollar
Grenada Citizenship by investment
The Grenada Citizenship by Investment program was established in 2015. The legal framework of the program falls under the [Grenada Citizenship Act of 2015]. It allows individuals to legally seek a citizenship through financial contribution, be it through donation or real estate investment. Grenada allows for dual nationality, and it is one of the few fast tracked citizenship routes in the world, issuing direct citizenship without residency requirements.
Grenada citizenship program cost
Investment OPTIONS: (A) Government Donation or (B) Real Estate Investment
(A) Government Donation Option
Single Applicant - Family of 4: USD 235,000
USD 25,000 applies for each additional dependent from 5th onwards
USD 75,000 applies if a qualifying sibling of the main applicant is added to the application
(B) Real Estate Investment Option
Single Applicant or Family Application: USD 270,000 real estate investment
Additional 4% share registration fee of USD 10,800 must be paid along with investment of USD 270,000
Additional Government Fees to be paid along with real estate investment as per below :
USD 50,000 for an application of 1 to 4 members
USD 25,000 applies for each additional dependent from 5th onwards
USD 50,000 applies if a qualifying parent of the main applicant is added to the application
USD 75,000 applies if a qualifying sibling of the main applicant is added to the application
Additional Payable Fees
In addition to the chosen investment (Donation or Real Estate), applicants must pay the following fees:
Due Diligence Fees: USD 5,000 (per applicant age 16 and above)
Application Fees: USD 1,500 per applicant
Processing Fees: USD 1,500 (per applicant age 18 and above) USD 500 (per applicant age 17 and below
Interview Fees: USD 1,000 (per applicant age 17 and above)
Passport Fees: USD 250 per applicant
Oath of Allegiance Fees: USD 80 per applicant
Service / Professional Fees: This fee is subject to Aryzen Global’s case analysis and number of applicants per application
grenada Personal Quote Request
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Eligible Dependents
Main applicant’s spouse
Unmarried children under the age of 30
Main applicant/spouse parents & grandparents
Unmarried siblings over the age of 18
citizenship Benefits
Visa free mobility
Financial planning and no global taxation
Family security in global instability
Citizenship granted to future generations
Ability to live, work, and study in Grenada
Passport Ranking
Grenada passport ranks 33rd globally
Visa free access to 146 countries
Visa free to UK, EU, Singapore, Russia, China, & others
* View full list of visa free countries here
Process & Time to Citizenship
Document Collection (approximately 3 - 4 weeks)
The initial step is the collection of required documents set forth by the governement for submission
Submission of File (approximately 1 week)
Once the documents are collected, the file is sent to the citizenship unit for submission
Due Diligence (approximately 3 - 4 months)
Once the file is submitted, the government sends it out to a third party contractor to conduct due diligence
Bank Clearance of Funds (approximately 1 - 3 weeks)
Once the due diligence is finalized and the file is approved, the required financial contribution must be paid and goes through a bank clearance process
Citizenship & Passport Issuance (approximately 1 month)
Once the funds clear, the government issues the Citizenship Certificate and Passport
* Timeline for each stage are only estimates and may change depending on many factors
contact aryzen TODAY
Aryzen Global assists clients internationally in obtaining residence, citizenship and/or real estate under the respective programs. Contact us to arrange a private consultation with one of our expert advisors.