Grenada Citizenship
Visa-free travel to countries of the world and E2 business visa to the US
About Grenada Citizenship
The Grenada citizenship programme has been in operation since 1997 and allows participants to obtain a second passport for investments.
There are two options to choose from: a non-refundable investment to the national fund and the real estate investment in Grenada. Minimum investment amount: $150,000.
Family members, including parents and siblings, may participate in the programme with the investor. Children under the age of 30 are also eligible. Children with physical disabilities are eligible at any age.
Applicants do not have to take any language or history tests. There are no residency requirements either: there is no need to come to Grenada before or after obtaining a passport.
No requirements to reside in Grenada
$150,000 minimum investment amount
Who is Eligible For This Program
Investor
- Over 18
- No criminal record
- With a legal income
- No serious illnesses
Spouse
Children under 30
Fully dependent on the investor financially
Parents of spouses
Fully dependent on the investor financially
Siblings of spouses
Over 18 years old Not married
No children
Grenada passport benefits
- Visa-free travel to Europe and Asia
The Grenada passport allows visa-free access to 140+ countries. UK, China, Hong Kong, Singapore and the Schengen area, are included to the list.
- E2 Business Visa to the US
Citizens of Grenada can obtain an E2 visa to the US, that allows to live and work in the country. This option is great if one plans to open or buy business in the US.
- Tourist visa to the US for 10 years
Cosmopolitans with a Grenada passport can get B1/B2 tourist visa to the US. It allows to travel and get medical treatment for up to 180 days within a year.
- Registering a company abroad
Investors often register international companies in Grenada. This reduces taxes and avoids currency regulation.
- Reducing tax liabilities
Grenadian citizens do not pay taxes on the worldwide income, dividends, interest, and royalties received in other countries.
Terms of the citizenship programme
To obtain Grenada citizenship, applicants invest in the country’s economy. There are two options to choose from — refundable and non-refundable. Non-refundable investment: a one-time contribution to the National Transformation Fund. The money the applicant invests is used for the development of Grenada’s economy. The amount of the subsidy depends on the number of participants. The amount of contribution for one investor — $150,000. For spouses with two children — $200,000. Refundable investment: purchase of real estate in Grenada. The investor chooses a property from the list approved by the government. The amount of investment does not depend on the number of family applicants and is equal to $220,000. After 5 years the property can be sold and investment can be partially returned.
Investment options
Non-refundable investment to the fund
The endowment amount is from $150,000. In addition, the investor pays the associated fees. The total amount depends on the number of additional applicants. Costs of bank fees, postage and other similar services depend on the location of the investor and the rates of the bank.
| Investor | Married couple | Family of 4 | Family of 5 or more people | |
| Contribution to the fund | $150,000 | $200,000 | $200,000 | $200,000 + $25,000 for each parent over the age of 55 or child, starting with the 5th family member + $50,000 for parents under 55 years of age + $75,000 for siblings |
| Due Diligence | $5,000 | $10,000 | $5,000 per an investor and each family member 17 years of age and/or older | $5,000 per an investor and each family member 17 years of age and/or older |
| Other fees and charges | $3,270 | $6,540 | From $11,080 | From $15,620 |
| Total | $158,270 | $216,540 | From $216,080 | From $220,620 |
Refundable investment in real estate
The amount of the real estate investment is $220,000. It does not depend on the number of additional applicants. In addition, the investor will pay associated fees, government charge, that is not included to the option with the state fund subsidy. The costs of bank charges, postage and other services depend on the location of the investor and the rates of the bank.
| Investor | Married couple | Family of 3 and 4 | Family of 5 or more people | |
| Investment in real estate | $220,000 | $220,000 | $220,000 | $220,000 |
| State fee | $50,000 | $50,000 | $50,000 | $50,000 + $25,000 for each parent over the age of 55 or child, starting with the 5th family member + $50,000 for parents under 55 years of age + $75,000 for siblings |
| Due Diligence | $5,000 | $10,000 | $5,000 per investor and each family member 17 years of age and/or older | $5,000 per investor and each family member 17 years of age and/or older |
| Other fees and charges | $3,270 | $6,540 | From $11,080 | From $15,620 |
| Total | $278,270 | $286,540 | From $286,080 | From $290,620 |
Step by step procedure
Preliminary check
Open Window is the only agent in the industry with an in-house compliance department. The pre-screening reduces the risk of denial for our clients to 1%.
Certified anti-money-laundering officer examines investor’s documents and makes conclusion about possibility of Grenada citizenship. If questions arise during the screening process that may affect the application, we offer alternative programs.
The procedure is confidential and takes 1-3 days. Applicant presents only a passport.
Preparing documents
Investor signs a contract with Immigrant Invest and our lawyers prepare list of personal and financial documents: passports, certificates, bank statements. Completed package of documents is sent to the Citizenship Programme Department
Due Diligence
Grenada Citizenship Programme Department receives the documents and starts the due diligence process. It takes from 3 to 6 months. If the Department requests additional documents or clarifications, the Immigrant Invest lawyers respond to the request
Due Diligence
The Dominica CBI Unit reviews and approves the investor’s application. According to the standard procedure, the application is considered within 2—6 months.
Investment payment
When the application is approved, the investor is given 30 days to fulfil the terms: transfer the subsidy to the fund or buy a property in Grenada
Receiving passport
Documents are completed within four weeks from the time the investment is credited. We send the passport to the investor’s address or hand it over at the office.
Second passport with Open Window
- Open Window is a licensed agent of Grenada program, government license GCBI MA 55
- We accompany clients from initial consultation to passport issuance
- We also provide additional services: help with tax residency change, registration, social security card, local SIM card, driving license, assistance with obtaining new passport
- Hundreds of families have obtained Grenada citizenship with our help. Among them are 100% satisfied clients and we are proud of this fact
