How To Become a Citizen of Grenada in 2023–2024
July 27 2023 03:28:01 PM
Grenada is a beautiful and pristine Caribbean Country. In 1974, Grenada attained independence within the Commonwealth and membership in the United Nations. The Grenada Citizenship by Investment Program was started in August 2013 after the passing of the Citizenship by Investment Act, 2013 by the Grenadian parliament. The Grenada immigration by investment pathway offers many perks and benefits. For individuals and investors looking to obtain a Grenada investment visa, understanding the requirements and timeline can ensure a hassle-free immigration process.
Investment Pathways under Grenada citizenship by investment:
The Grenada citizenship by investment cost and Grenada visa application depends on the investment pathway. There are two pathways under the Grenada Immigration by Investment Program.
National Transformation Fund (NTF): A $200,000 donation is required for the National Transformation Fund. The Citizenship by Donation program in Grenada requires a non-refundable donation to the National Transformation Fund (NTF) by individuals seeking citizenship. The donation amount starts at $150,000 for single applicants and $200,000 for families consisting of up to four members. Also, additional fees for due diligence and processing will differ based on the applicant's age and family size.
Grenada Citizenship by Investment Real Estate: US$350,000 is required for Real estate Investment. Grenada's citizenship can also be obtained by investing in authorized real estate projects, such as hotels, resorts, and tourist properties, with a minimum investment requirement. Applicants have two options: investing a minimum of $200,000 (resalable after 7 years) or $400,000 (resalable after 5 years). Many of these options offer a return on investment, and after a mandatory holding period, the real estate can be sold, allowing applicants to retrieve their capital without affecting their citizenship status.
Grenada Citizenship by Investment program process:
Obtaining a Grenada investment visa requires approximately 3 months to be completed. A citizenship certificate will be issued after completing your investment, and your passport application will be submitted. Visiting Grenada is not required at this stage, and the passport will be delivered to the applicant's preferred address.
Benefits of Grenada Citizenship:
With a Grenada passport and Grenada citizenship, individuals can enjoy visa-free or visa-on-arrival access to 145 countries, including China, the United Kingdom, the Schengen Area in Europe, and other top business and lifestyle destinations.
Grenada is the only Caribbean country with a Citizenship program that holds an E-2 Investor Visa treaty with the United States. This treaty enables Grenadian citizens to apply for a non-immigrant visa in the United States.
Family can be included under one application which includes:
The fast and efficient application process of approximately three months from submission.
Parents, and grandparents (No age limit for parents and grandparents)
Dependent children up to the age of 30
Newborn children of the main applicant
Unmarried siblings (with no children) of the main applicant and spouse
Grenada Citizenship by Investment Program and Grenada Citizen visa requirements:
No outstanding visa refusals
Various important documentation such as financial documents, and proof of address
No criminal record/police report
No minimum stay requirements
No interview or language test
How XIPHIAS Immigration can help in your Grenada Immigration by Investment process?
Obtaining Grenada Citizenship for Indian through the Grenada citizenship by investment program can open doors to new opportunities and a host of benefits. XIPHIAS Immigration always recommends interested individuals consult with qualified professionals for their immigration process to ensure that they meet all Grenada visa requirements and successfully get their Grenada investment visa. At XIPHIAS Immigration, we have a stringent eligibility assessment and deliver post-landing services to ensure comprehensive assistance and guidance for applicants. Our team of investment migration experts are well equipped and qualified to assist and guide individuals throughout the immigration process.
To Know more about the Application Process and your Eligibility