Grenada is the most southerly of the Windward Islands in the Caribbean and is a tiny point on most world maps with an area of only 133 square miles and a population of just 100,000.
It is one of the most beautiful and lush islands in the West Indies, sometimes referred to as the ‘Spice Isle’ due to the vast locally grown spices.
The Island has a great deal to offer its visitors in terms of hiking, sailing, diving and exploring, some of its stunning white sand beaches and unspoilt landscapes.
Grenada is still quickly moving its way into the tourist destinations but still remains lesser known than some of the other Caribbean Isles allowing many of the beaches of this enchanted island to remain unspoilt.
Grenada offers a stable political environment and tax advantages for the business investor. As a member of the Commonwealth, Grenada also opens up a number of educational opportunities, making it the ideal place for you and your family.
CITIZENSHIP BY INVESTMENT
The Citizenship by Investment Programme of Grenada was established in August 2013 under the ‘Grenada Citizenship by Investment Act, 2013.’ The Act allows third party nationals to acquire permanent residence and citizenship of Grenada through one of the following investment structures.
REAL ESTATE OPTION
Applicants opting for the real estate option should invest at least USD $350,000. The real estate must be maintained in the investors name for at least three years.
*Recent changes to the Real Estate option allow investors to make a minimum investment of just USD $220,000 USD in projects approved for such reduced investment thresholds
Additional Government Fees:-
USD $50,000 for a family of up to 4 members
USD $25,000 per additional dependant after 4
NATIONAL DEVELOPMENT FUND OPTION
Applicants opting for the NTF route must contribute
USD $150,000 as a single applicant
USD $200,000 for a family, along with some additional processing fees as set out below
US $25,000 additional dependent
US $75,000 Siblings of the main applicant
US $50,0000 Parent dependents
Additional Fees to Consider
Due Diligence Fee
Applicants aged 18yrs+ $5,000
Applicants aged 16-18yrs $2,000
Applicants below 15yrs $0
Applicants aged 18yrs + $1,500
Applicants below 18yrs $500
$1,500 per person
- Obtaining the 39th strongest passport in the world
- Visa-free travel to more than 140 counties including UK, Singapore, European Schengen Countries, Hong Kong, and China
- Fast application process(approximately 3-5 months)
- Dependent children up to the age of 30 may be included
- Dependent parents of either the main applicant or spouse may be included
- A sibling of the main applicant or spouse whether biological or adopted can also be included
- No requirement to reside in Grenada before or after citizenship is granted
- The application process is highly confidential
- Dual citizenship is recognised and no need to renounce current citizenship
- Social and political security, reinforced by its membership in the UN and the Commonwealth
- No foreign income, wealth, gift, inheritance, or capital gains tax. There is no restriction on the repatriation of profits and imported capital
- Eligible to operate a business and reside in the United States under the E-2 VISA program
Upon receiving a clear internal due diligence check and signing of the client agreement, an initial 50% of the retainer fees (this varies on the size of the family application) will be required.
KCS will provide you with the application documents along with all the support and guidance in collecting the relevant documents for the process.
Once the file is complete and has undergone a full review, the remaining retainer fees along with the due diligence fees are required.
A 10% deposit of the real estate investment will be required if the real estate route has been chosen.
The file will be sent to Grenada Citizenship Unit for processing.
Upon completion of the background checks the Grenada Government will provide a letter of approval.
Payment of all remaining investment costs/government contribution will now be due to complete the process.
Once the fees are received the Government will issue a “Certificate of Registration’ of (COR), this COR will be used to apply to the home office along with the passport application.
Passport/s will be printed and received shortly after.
VISA FREE TRAVEL
|Anguilla||Cook Islands||Hong Kong||Mauritius||Slovakia|
|Antigua and Barbuda||Costa Rica||Hungary||Micronesia||Slovenia|
|Aruba||Czech Republic||Ireland||Mozambique||South Africa|
|Austria||Denmark||Isle of Man||Nauru||Spain|
|Bangladesh||Dominican Republic||Jamaica||Netherlands Antilles||Swaziland|
|Bolivia||Federated States of Micronesia||Kosovo||Panama||Togo|
|Botswana||Fiji||Laos||Peru||Trinidad and Tobago|
|British Virgin Islands||France||Lesotho||Pitcairn Islands||Turks and Caicos Islands|
|Cape Verde||Gibraltar||Macau||United Kingdom||Saint Helena, Ascension and Tristan da Cunha|
|Cayman Islands||Grenada||Madagascar||Saint Kitts and Nevis||Vanuatu|
|Central African Republic||Greece||Malawi||Saint Lucia||Venezuela|
|Chad||Guinea Bissau||Malaysia||Vietnam||Saint Vincent and the Grenadines|