Grenada is a stunning Caribbean island known for its natural beauty and peaceful environment. According to the report published in ARY News English, the government offers a Citizenship by Investment Program, launched in August 2013. This program gives foreigners the chance to obtain a second passport by investing in the country.
How to Get Grenadian Citizenship through Investment
To qualify, applicants must either make a significant investment or buy approved real estate. After a strict background check, successful applicants receive citizenship.
Top Benefits of Grenada Citizenship
Visa-Free Travel: Grenadian passport holders can travel to over 140 countries visa-free or with visa-on-arrival, including the United Kingdom (UK), Schengen Area, China, Hong Kong, and Singapore.
E-2 Investor Visa Treaty with USA: Grenada is the only Caribbean country with an E-2 visa treaty with the US. Citizens can apply for a non-immigrant investor visa after living in Grenada for three years.
Citizenship Transfer: You can pass citizenship to your spouse, children, future generations, and certain family members
Family Inclusion: Spouse, children under 30, unmarried siblings (18+), and parents or grandparents of both spouses can be included in one application.
Dual Citizenship Allowed: Grenada imposes no restrictions on dual nationality.
No Residency Requirements: You do not need to live in Grenada to apply or maintain citizenship.
Tax advantages: No capital gains or inheritance tax. Global income is taxed only if earned within Grenada.
Eligibility Criteria
- Applicant must be at least 18 years old and choose one of these two options:
- Minimum $235,000 non-refundable donation (for a family up to 4)
- Buy approved property worth at least $270,000 and make a $50,000 donation.
Grenada allows visa-free stay for up to 90 days. Visitors must hold a passport valid for at least six months from their entry date.