Grenada Citizenship by Investment
Gain Citizenship Through Investment in Grenada
At La Vida, we simplify your journey to Grenada citizenship through investment. As an authorised agent, we utilise our years of experience to guide you through each step of the process. Whether you’re leaning towards a donation or real estate investment, our team is here to provide the support and expertise you need. Start your application for Grenadian citizenship and passport with La Vida today
Overview of Grenada Citizenship by Investment Programme
Grenada’s Citizenship by Investment programme was introduced in 2013 and offers a low-cost entry for a second citizenship and passport. Applicants from all countries are welcome but are subject to strict due diligence checks. The programme attracts many high-net-worth investors from all over the world looking to increase their family’s global mobility and obtain the security of a second citizenship in Grenada. Successful applicants will be granted Grenada citizenship, a certificate of naturalisation and a passport which will enable them to gain visa-free travel to more than 153 countries worldwide. Grenada’s Citizenship by Investment programme has helped bring substantial foreign investment to the country, funding government-sponsored projects as well as boosting the general economy and creating jobs for local people.
From $235,000 Donation
Real Estate From $270,000
Citizenship & Passport
Visa Free Travel 153 Countries
Full Family Application
Grenada Citizenship by Investment Requirements
In addition to making the necessary investment or donation there are several requirements that applicants must meet for Grenada.
Family Requirements
Family members can be included in the application for Grenada citizenship. The main investor can include:
- Spouse
- Dependent Children
- Dependent Parents over 55 years
- Siblings over 18 years old, must be unmarried with no children
Due Diligence Requirements
All applicants will need to be of good character and undergo the Grenada government’s due diligence formalities. Investors must provide:
- Police Reports – evidence of a clean criminal record
- Have no outstanding visa refusals
- Various documentation, including financial documents, employment/ business documents, ID, proof of address
Minimum Stay Requirements
Grenada’s Citizenship by Investment programme does not require applicants to meet any minimum stay requirements. Grenadian citizens will have the right to live, work or study in Grenada should they choose to, but this is not a pre-requisite of the programme. There is also no language test required.
How Much Does Grenada’s Citizenship by Investment Programme Cost?
Grenada Citizenship by Donation
Grenada’s Citizenship by Donation programme requires a non-refundable contribution to the governments National Transformation Fund (NTF) from $235,000 for a family of up to four people. Additional due diligence and processing fees are also applicable and will vary depending on the applicant’s age and the size of their family.
Grenada Citizenship by Real Estate Investment
Applicants can also gain citizenship in Grenada by investing in government-approved real estate developments, such as hotel resorts and touristic properties, by investing a minimum of $270,000. La Vida offers a selection of established projects, including exclusive five-star resorts which are managed by globally recognised hotel brands and built by the Caribbean’s most reputable developers. Most options offer a return, and the real estate can be sold after a mandatory holding period, allowing you to release your capital without affecting your citizenship status.
How Long Does It take to Get Citizenship by Investment in Grenada?
From the date the application is submitted to Grenada’s Citizenship by Investment Unit (CIU), applications take an average of 6-8 months to be processed. Prior to submission, most applicants typically take between 2-6 weeks to gather all their documentation. La Vida’s in-house processing team will assist applicants with this entire process and the application can be filed remotely, no need to travel. See the FAQ’s below for a more detailed breakdown of the timeframe.
Important Note: La Vida ( Licence No. GCBI-MA-70) is an authorised representative, approved by the CIU and Grenada government to promote Grenada’s Citizenship by Investment programme. We are more than happy to provide a copy of our letter of appointment from the government for any potential applicant wishing to work through our company.
Step1
Book your free consultation with La Vida’s team of experts to discuss and decide which programme and investment route is best suited to you and your family. Our experienced consultants will provide you with a personalised quotation which will cover all applicable fees. They will advise and guide you through the entire process in detail.
Step2
For your peace of mind, before you commit, La Vida will run a pre-application background check to ensure your application is likely to be successful. Once this has been completed and you are happy to proceed, you can formally initiate the process by signing our Client Facilitator agreement and paying the pre-application deposit.
Step3
La Vida’s in-house processing team will work closely with you to prepare your application. Once your file has been fully compiled our team will submit your application to Grenada’s Citizenship by Investment Unit (Grenada CIU). Government fees will be required at this stage. From this point applications take an average of 6-8 months to be processed.
Step4
Following the Grenada Citizenship Unit’s comprehensive due diligence checks and analysis of your application, an approval letter from the government will be issued and you will then be required to make the final payment. The passport will be issued within approximately one month and sent to you by secure and recorded delivery.
Benefits of Grenada’s Citizenship by Investment Programme
Once investors have successfully been granted Grenada Citizenship, they will be issued with a Grenada passport. Grenadian passport holders benefit from visa-free access to 153 countries and territories worldwide according to La Vida’s Unique Passport Investment Report. This represents more than half of the world’s GDP and includes access to the EU Schengen zone, UK, Hong Kong, Singapore and more.
Read more in our Grenada Passport Investment Report.
- Visa-Free Travel to 153 countries and territories worldwide
- Security of a Plan B Passport
- No requirement to relocate to Grenada
- No language test
- Diversify your assets outside of your current region
- Live, Work and Study in Grenada and other CARICOM nations
- Tax-free incentives for residency
Advantages of Adding a Grenada Passport
Key to investing for a second citizenship and passport is understanding exactly how your existing passport combines to provide visa-free access worldwide. Not only measuring the number of visa-free destinations but giving weight to the importance and popularity of those destinations. Only La Vida provides such comprehensive analysis for the Grenada Passport and for passports through other citizenship investment programmes by using sophisticated measures developed for business and leisure travel. Contact us and speak to one of our advisors for your free report tailored to your existing citizenship and passport.
FAQ’S
La Vida’s consultants will advise you on which programme will be best suited to your needs. Once you have decided on Grenada you can apply through La Vida. Our in-house team of experts will manage the full application for you from A to Z. The whole application can be processed remotely, no need to travel.
No. Grenada’s Citizenship by Investment programme has no minimum stay requirement. Once you become a citizen of Grenada, you have the right to reside in the country for as long or little as you choose.
There are currently two main investment routes in Grenada to choose from:
1. Citizenship by Donation – A non-refundable contribution to the Government’s National Transformation Fund (NTF) of $235,000 for families of up to four.
2. Citizenship by Real Estate Investment – $270,000 into a government-approved project, plus fees.
Additional government, professional and due diligence fees apply in all cases, for a personalised quotation, please contact us.
A number of documents are required to apply for citizenship through investment in Grenada. The list may vary depending on your personal circumstances. La Vida’s in-house processing team will work closely with you and advise on exactly what will be required. Some of the most common documents required are:
- Passports and ID cards
- Birth certificates
- Marriage certificates
- Police Reports
- Proof of Address
- Proof of Funds / Bank Statements
- Employment records
- Education records
La Vida has extensive experience submitting CBI Applications to Grenada and other Caribbean countries. It allows us to quote our own actual figures based on a sizeable number of submissions for each program. Figures you see elsewhere on the web could be borrowed, generically quoted or amended to suit the message. We also caution against agents claiming quicker times. Everyone submits to the same processing unit and there is no favouritism. An agent influences the timeline based on their efficiency in processing prior to submission and ensuring the application is complete and accurate. And then further, in dealing efficiently and knowledgeably with any questions that come back from the CBI unit.
The latest timeline (taken as last two-year moving average) from submission to approval of citizenship for Grenada is 7.3 months. The fastest approval time we have experienced during that period was 3.5 months. Please bear in mind, as with all CBI programmes, once approved there is a further period of bank clearing, making the investment and issue of the citizenship certificate before the application and receipt of a passport. The average additional time for this for Grenada was a further 3.6 months.
Prior to submission, it typically takes applicants an average of 2-6 weeks to gather all the necessary documents to compile their file before submission. La Vida’s team will assist with all aspects of the process. Our market leading client portal offers complete security for documentation and efficient and transparent processing, enabling clients to update their documents at their own pace and track their progress. We feel this leads to the most stress free and efficient process in ensuring a complete and accurate file for submission.
One further point for Grenada is the backlog of CBI applications. This is already built into the figures above. But as we approach the end of 2024 the backlog is past its peak. We hope and expect processing times will come down rapidly from here.
The main applicant can include the following family members:
- Spouse
- Dependent Children up to the age of 30 years old who are fully supported by the main applicant
- Dependent Children of any age who are physically or mentally challenged and fully supported by the main applicant
- Dependent Parents of the main applicant or spouse who are above 55 years of age and fully supported by the main applicant
- Siblings of the main applicant/spouse above 18 years of age. Must be unmarried, childless.
You are not required to pay any income tax on your worldwide income in Grenada or capital gains tax. You are only required to pay tax on any income derived in Grenada.
How Can La Vida Help You?
Only certain international agents are authorised to promote the Grenada’s programme although many operate as sub agents. La Vida is approved by the Grenada’s government to promote the Grenada Citizenship by Investment programme directly as we are for the other four Caribbean countries offering citizenship through investment. Around 10% of all applicants for the Grenada Citizenship Investment program came through La Vida in 2021. As one of the largest international agents for the Grenada program we can provide potential applicants with the necessary experience and advice on Citizenship by Investment for Grenada and other Caribbean options. La Vida is one of the world’s leading investment migration companies and has extensive global reach with our expert team having helped clients in over 150 countries worldwide.