Normally, the process takes from 3 to 5 months. Investors must meet the following criteria:
Absence of sanctions, restrictions or bans on entry to EU countries, USA, the UK and Canada
Absence of a criminal record and criminal proceedings for serious crimes
Ability to confirm the legality of the source of income
Impeccable personal and business reputation
Good health condition
Children under 30 years old
Children, regardless of age, having a mental or physical disability
Parents of the main applicant and/or spouse 55 years and older
Citizenship can be inherited
Possibility to get long-term visas to USA and Canada, E-2 visa to the US, plus visa-free China
All family members can obtain citizenship within 3-5 months
Visa-free or visa on arrival access to more than 144 countries
No global income, dividends, wealth and inheritance tax
Information on obtaining citizenship is not disclosed to third parties
Parents (55 and older) and children (up to 30) can obtain citizenship together with an investor
No need to visit the island during application process
No requirement to reside in the country
Grenada started offering its citizenship to investors 7 years ago. Since then, the terms of the program have changed more than once.Show more ∨
However, it’s only positively affects program’s popularity. Moreover, in the CBI Index annual rating of investment programs in 2019 Grenada entered the top three.
At the same time, if you do not have time to see into the intricacies and nuances of obtaining citizenship, then it is better to it is better to consult with specialists. The investment immigration agency will help you to collect a package of necessary documents, notarize them, apostille them and send them for consideration.
We’ll cover the following information:
$ 150,000 – a minimum non-refundable contribution
Examples of calculations:
For 1 applicant - $158.000
For a family of four - $232.000
$ 220,000 – a minimum investment in a real estate project approved by the government
Examples of calculations:
For 1 applicant - $ 278.000
For a family of four - $ 302.000
The total cost of obtaining citizenship depends on the investment option, number and age of applicants, as well as the selected package of services. Fill out the form and within 10 minutes you will receive an individual cost calculation + comparison with other programs.
The following steps are described for reference purpose only. The main thing that we want to underline is that Migronis takes care of the preparation and submission of your case. You only need to provide the original documents. We will do all the paperwork ourselves.
Free preliminary background check (due diligence) of an applicant (1 day) and contract signing in one of our offices or remotely. At this stage, it will be sufficient to provide the passport copies of all family members who will be included in the citizenship application.
Result of the stage: background check report + signed contract.
We receive Police Certificates, fill out government forms, arrange notarization, translation and apostilization of all the necessary documents, and send the package to the Citizenship by Investment Unit of Grenada.
You submit the original documents and sign the forms and other documents that we prepare by ourselves.
Result of the stage: Confirmation of documents received by the government.
The Citizenship by Investment Unit carries out the processing of the case during the period from 3 to 5 months. Sometimes there are delays of up to 12 months, and additional documents may be requested. A visit to the island is not required.
Result of the stage: Letter of approval is issued.
Applicant’s actions: Pay the required amount of investment within a month after the approval is issued.
After paying the investment and fees, our lawyer in Grenada receives a certificate of registration along with a passport and sends it either to one of our offices where we give it to you, or sends it to you directly. Passport is valid for 5 years. We will remind you to renew the passport 6 months prior to its expiration date.
Obtaining a driver's license in Grenada, Utility bill, local phone number, as well as other documents.
Replacement and restoration of a passport within 7-14 days in case of its loss/damage/expiration without your visit to the island.
Registration of a company and opening an account at a local bank. It’s required to visit Grenada in order to open an account and obtain a driver's license.
We described the procedure of obtaining a Grenada citizenship in every detail, dividing every step into stages, providing examples and photos of all the documents. This material is also available in video format.Show case
You pay only after your case is approved and you’ve obtained your citizenship. Payment can also be made through world-renowned escrow agents. In this case, all funds shall be kept on the agent’s account until you receive citizenship.
In the Caribbean, it is very important to have a local certified specialist who understands the local specifics of work. We work without intermediaries and therefore are responsible for the results.
Our offices are located in different time zones, so we are available 24 hours a day, 7 days a week. Want to see for yourself? Send us a message online or call us now.
Apart from obtaining a passport, we can help you get a driver’s license, registration address (utility bill), local telephone number. We can also help you open a bank account and register a company.
We receive Police Certificates, fill out government forms, arrange notarization, translation and apostilization of all the necessary documents, and send the package to the Citizenship by Investment Unit of Grenada. Our partner on the island controls the process over there and receives passports afterwards. Your participation is kept to a minimum: you only provide the original documents, make the necessary payments and sign the forms.
Our lawyers are based both in the CIS countries and in the countries where we apply for citizenship and residency.
We start working on a case only if we 100% sure we can help a client obtain citizenship or residency. For this purpose, we conduct a preliminary background check (due diligence), submit a report and our recommendations. Only after that we sign the contract and proceed with the case.
In order to implement the post-paid service mechanism, we have perfectly adjusted our internal processes. Our goal is to provide the service within the shortest possible time and with a successful result, because only in this case we will get our service fees. On the average, the preparation of documents takes from 5 to 25 days.
We have extensive experience and honestly talk about both successful cases and difficult situations on our blog. We do not recommend programs that do not function well (for example, in Bulgaria), or offer overvalued real estate to obtain citizenship (most of the projects on the islands).
More than 10 useful videos about the Grenada citizenship by investment program on our video channel. No empty talk, only specifics.
Subscribe to our must-read newsletter. The articles we send will help you make the right choice. Once a week we send expert information without empty talk and with no advertisements. Articles are prepared by leading tax experts and lawyers.
And start receiving new articles by e-mail right now. You can unsubscribe at any time in one click if you find this information irrelevant.
A passport is issued for a period of 5 years with its subsequent renewal for the same period.
Children from previous marriages can obtain citizenship. It’s obligatory to obtain the notarial consent of the second parent.
The renewal procedure takes about a week. A passport form, the original passport, a copy of the certificate of naturalization should be submitted and the passport fee is to be paid.
There are no requirements to reside in the country or to know the language.
No, Grenada law allows dual citizenship.
Citizens of Grenada can apply for a long-term visa to the United States for the period of up to 10 years, with the right to stay in the country for up to 6 months a year. Visa may be obtained in one of the U.S. consulates.
Visa-free regime with the countries of the Schengen zone (you can stay for 90 days out of 180);
Visa-free travel to the UK (you can stay for 6 months a year);
Visa-free travel to China (you can stay up to 30 days)
No additional documents and prior registration required for crossing these borders.
The E-2 business visa is issued for up to 2 years to an investor interested in developing a business in the United States, and it can be renewed an unlimited number of times. The processing can be reduced to 15 days for an additional fee. The program doesn’t define a minimum amount of investment. At least a $100,000 investment is considered significant. The applicant must also create jobs.
Confirmation of employment and/or ownership of business is required. The following documents may be requested:
- certificate of salary, dividends received;
- certificate from the tax authorities;
- documents on the sale of real estate or other assets;
- an extract from the brokerage account on the sale of securities or income received;
- sale or gift contract;
- other documents confirming the acquisition of income.
One or several documents can be provided, the checklist is agreed when preparing the case.
It is possible to get a registration address (rental agreement and utility bill), driving license without the need of passing an exam if a valid driving license is available (a one-day visit is required), local phone number, social insurance number when you open a local company and payroll.
According to the legislation of Grenada, the participant of the program must own a real estate object for at least 4 years.
By providing false information;
Existence of outstanding conviction or criminal proceedings for serious criminal offenses in any country of the world;
If the applicant poses a potential threat to public order, national security or the reputation of Grenada or any other country;
If your application for a visa to a country with which Grenada has a visa-free regime has been denied.
An applicant does not pass a due diligence check and their application for citizenship is rejected. An investor can also be deprived of the citizenship of Grenada if the status was obtained by providing false information, fraud or concealment of actual information.
GDP 2017 - $ 1,12 billion (increased by 5.59% if compared to $ 1,06 billion in 2016);
Population - 108,208 (as of 2018);
The capital is St. George's;
Sectors of the economy - offshore business, tourism, agriculture;
Doing Business 2017 ranking - ranked 142 out of 190, according to the ease of doing business.
Grenada is also:
- Member of the British Commonwealth of Nations;
- Member of the Organization of Eastern Caribbean States OECS;
- Member of the Organization of American States;
- Member of the Caribbean Community CARICOM since May 1, 1974.