Grenada, widely celebrated for its pristine beaches and vibrant culture, offers more than just idyllic summer getaways. The island is also a gateway to enhanced global mobility through its Citizenship by Investment (CBI) program, initiated in August 2013. This program caters to high-net-worth individuals seeking not just a vacation spot but a potential home or a strategic investment. Here’s an overview of what the Grenada CBI Program entails and the compelling benefits it brings.

Key Aspects of the Grenada CBI Program

Launched to propel economic growth via foreign investment, the program offers lifetime citizenship and a second passport to individuals who invest in this lush Caribbean haven.

Investment Options:

1. Donation: Investors can make a one-time donation to the National Transformation Fund, which supports national economic and infrastructural developments. The costs vary, starting at USD 150,000 for a single applicant.
2. Real Estate: Alternatively, investors may opt for real estate investments starting at USD 220,000 in government-approved projects, with the ability to sell the property after four years.

Other Fees Include:

• Government fees and processing charges.
• Due diligence fees, ensuring a thorough vetting process through global agencies.

Advantages of Grenadian Citizenship

• Global Access: Visa-free or visa-on-arrival access to over 140 countries, including the UK, the Schengen Area, and China.
• E-2 Visa Eligibility: Unique among Caribbean nations, Grenadian citizenship opens the door to applying for the E-2 Investor Visa in the USA.
• Educational Excellence: Home to the globally recognized St. George’s University, known for its advanced medical program and high US residency placement rate.
• Tax Benefits: No taxes on worldwide income, capital gains, gifts, or inheritance.
• Dual Citizenship: Grenada allows holding dual nationality without the need to renounce your current citizenship, and without notifying your home country.