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GRENADA
CITIZENSHIP-BY-INVESTMENT

Visa-free travel to 144 countries, including China. Possibility of obtaining an E-2 visa to the United States.

Starting investment
at $150,000
Processing time
starts from 2 months

Calculate cost

unique opportunity

Advantages of a Grenada citizenship

GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis

Visa-free or visa on arrival access to 144 countries including China, the USA, and the Schengen countries

GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis

Possibility to get an E-2 visa to the USA

GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis

No global income, dividends, wealth and inheritance tax

GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis

Educational opportunities at St. George’s University

GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis

All family members can obtain citizenship within 2 months

GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis

Fully remote procedure

Investments starting at $100,000

CITIZENSHIP-BY-INVESTMENTS PRESENTATION

Download presentation to know everything about Grenada CBI 

 

GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis
GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis
GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis
GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis
GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis
GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis
GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis
GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis
GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis
GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis
GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis
GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis
GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis
GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis
GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis
GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis

Give freedom to those you care about

Passport of Grenada can also be obtained by:

  1. A spouse
  2. Children under 30 years old
  3. Children, regardless of age, having a mental or physical disability
  4. Parents of the main applicant and/or spouse 55 years and older

Also, citizenship can be inherited.

Grenada CIP offers two investment options:

Investment options to apply for citizenship

GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis

Investment in real estate

Invest in commercial real estate with a yield of 2-5% per annum. Starting investment — from $220,000.

After 5-year retention period, the property can be sold and part of the costs can be returned.

GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis

Donation to the National Transformation Fund

Investment in a government fund from $150,000. This is the cheapest option, but you should know that contribution is non-refundable in this case.

 

  Donation to the National Transformation Fund Investment in real estate
Minimum investment amount From $150,000 From $350,000
Return on investment No Yes, up to 4%
Holding period None, it's non-refundable contribution At least five years

Visa-free travel to 144 countries

The passport of Grenada allows you to freely visit the Schengen countries, Great Britain, Singapore and China

 

Want a second passport? Calculate how much does it cost to apply for desired citizenship!

What does the Grenada passport cost?

Other than the investment amount there are certain fees associated with the Grenada citizenship by investment program. These fees differ depending on the family composition and the age of dependents. The added fees are:

  1. Processing fees
  2. Application fees
  3. Due diligence fees

Other than that the only fees applicable are disbursements such as translation, bank wiring fees, and administrative fees if required. So let’s take a look at the entire breakdown of the investment amount and government-mandated fees of the Grenada CIP.

Fees and costs

In the tables below we will break down the entire Grenada passport cost by both National Transformation Fund and Real Estate options, so let’s take a gander:

Contribution to the National Transformation Fund option

NTF

Individual Applicant Main Applicant + Spouse Family of four family members Family over four family members
Required Contribution Amount USD 150,000 USD 200,000 USD 200,000 USD 200,000 plus USD 25,000 per additional dependant
after the third dependant
Application Fee USD 1,500 USD 1,500 per person USD 1,500 per person USD 1,500 per person
Due Diligence Fee USD 5,000 USD 5,000 per person Dependent child 0 – 16 - No fees
Dependent above 16 - USD 5,000 per person
Dependent child 0 – 16 - No fees
Dependent above 16 - USD 5,000 per person
Processing Fee USD 1,500 USD 1,500 per person USD 1,500 per person aged 18 and over, USD 500 for persons under 18 USD 1,500 per person aged 18 and over, USD 500 for persons under 18

Real Estate Option

REAL STATE OPTION Single Applicant Main Applicant + Spouse Family of four family members Family over four family members
Required Contribution Amount USD 350,000 USD 350,000 USD 350,000 USD 350,000
Government Fee USD 50,000 USD 50,000 USD 50,000 USD 50,000 and USD 25,000 per additional dependant
after the third dependant
Application Fee USD 1,500 USD 1,500 per person USD 1,500 per person USD 1,500 per person
Due Diligence Fee USD 5,000 USD 5,000 per person Dependent child 0 – 16 - No fees
Dependent above 16 - USD 5,000 per person
Dependent child 0 – 16 - No fees
Dependent above 16 - USD 5,000 per person
Processing Fee USD 1,500 USD 1,500 per person USD 1,500 per person aged 18 and over, USD 500 for persons under 18 USD 1,500 per person aged 18 and over, USD 500 for persons under 18

Key Stages in the Application Process

Simple and clear process

1

Duration 1-2 daysFree preliminary check

We check your documentation for compliance with the requirements of the immigration services free of charge. We analyze investment funds transparency.
Result: background check report + signed contract.

2

Duration 2-3 daysSelection of investment options

You select the investment option that suits you best and our expert starts the process.
If you decide to obtain citizenship through investing in real estate, we will show you the property object and we will help you choose the right one from trusted developers.

3

Duration 10-12 working daysDocuments preparation and shipping to the citizenship agency

We take care of everything: we collect police clearance certificates, fill out government forms, notarize copies of all documents with a notary public, translate and apostille the entire package (all these services are paid separately) and then send it to the citizenship agency.
We submit your documents independently and fulfilling all requirements. We also control the progress of application consideration.
Result: Confirmation of documents received by the government.

4

Duration 3-6 monthsDue Diligence check

When the country's citizenship agency receives all the documents, the applicant's background check begins.
If additional documents are required during the verification, our lawyers will also resolve these requests.

5

Duration 3-5 monthsCase investigation

We wait for a positive verdict and receive the new documents together with you. If necessary, we also help with other operational, business, and even domestic issues (including arrangements of additional documents ).
You are not required to visit the island.
Result: Letter of approval is issued.

6

Receiving passports

When the investment and all the fees are paid, our lawyer in Grenada receives the certificate of citizenship and the passport. He then sends it either to one of our offices and we hand it over to you personally, or all the documents can be sent to you directly.

Free preliminary check

Duration 1-2 days

We check your documentation for compliance with the requirements of the immigration services free of charge. We analyze investment funds transparency.
Result: background check report + signed contract.

Selection of investment options

Duration 2-3 days

You select the investment option that suits you best and our expert starts the process.
If you decide to obtain citizenship through investing in real estate, we will show you the property object and we will help you choose the right one from trusted developers.

Documents preparation and shipping to the citizenship agency

Duration 10-12 working days

We take care of everything: we collect police clearance certificates, fill out government forms, notarize copies of all documents with a notary public, translate and apostille the entire package (all these services are paid separately) and then send it to the citizenship agency.
We submit your documents independently and fulfilling all requirements. We also control the progress of application consideration.
Result: Confirmation of documents received by the government.

Due Diligence check

Duration 3-6 months

When the country's citizenship agency receives all the documents, the applicant's background check begins.
If additional documents are required during the verification, our lawyers will also resolve these requests.

Case investigation

Duration 3-5 months

We wait for a positive verdict and receive the new documents together with you. If necessary, we also help with other operational, business, and even domestic issues (including arrangements of additional documents ).
You are not required to visit the island.
Result: Letter of approval is issued.

Receiving passports

When the investment and all the fees are paid, our lawyer in Grenada receives the certificate of citizenship and the passport. He then sends it either to one of our offices and we hand it over to you personally, or all the documents can be sent to you directly.

The passport is valid for 5 years. We will remind you about passport renewal 6 months before the end of its term.

Migronis - Licensed Agent of the Grenada Citizenship by Investment Program

We work 100% legally

GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis

Licence № GCBI-MA-69

Migronis is always more than you expect

Post Immigration service

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 will help you to solve any problem. For example, we will tell all you need to know about an E-2 visa application for citizens of Grenada.

Can’t figure out which passport of the 5 Caribbean countries suits you best?

This guide will walk you through things to keep in mind, highlighting the most important advantages and differences of each country!

GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis

Why clients choose Migronis

Post-paid service

Office in the Caribbean

We are online 24/7

We obtain additional documents in Grenada

Minimal participation on your part, we do all the paperwork

No intermediaries and no middlemen

YOUR LIBERTY OF MOVEMENT, YOUR FREEDOM TO TRAVEL — YOUR PLAN B

Migronis — your reliable partner since 2012

  1. Migronis is an international company based in Europe with Ukrainian roots. The company's owner, Anatoliy Lyetayev, is a Ukrainian entrepreneur, a human rights lawyer, and an expert in the field of Citizenship-by-Investment. He lives in Portugal and strongly promotes the idea of personal freedom.
  2. The head office of Migronis is located in Estoril (Portugal). And we have offices in Ukraine, United Arab Emirates, and Cyprus.
  3. Since 2012, we have been helping to obtain citizenship and residency by investment in 20+ countries around the world.

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    Frequently Asked Questions & Answers

    How to get Grenada citizenship?

    To get a Grenada second citizenship all you have to do is apply to its citizenship by investment program. You can get the passport by investing in the government’s National Transformation Fund or by purchasing government-approved real estate developments.

    How long does it take to get a Grenada passport?

    The timeframe for Grenada citizenship by investment program is usually between 3-6 months from the date of application.

    Do I need to visit Grenada for the application process?

    No, there is no need to visit Grenada, hold Grenada residency, hold Grenada permanent residency, or conduct any immigration to Grenada in order to apply for the Grenada CBI.

    Is it necessary to renounce my citizenship?

    No, Grenada law allows dual citizenship.

    How to get a US visa using Grenada passport?

    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.

    For how long is an E-2 visa issued and where can I get it?

    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.

    What are the requirements for visa-free stay in the Schengen countries, the UK and China with the passport of Grenada?

    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.

    Which documents confirming the origin of funds are required?

    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.

    What additional documents may be obtained?

    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.

    How long should I own a real estate object under the CBI rules?

    According to the legislation of Grenada, the participant of the program must own a real estate object for at least 4 years.

    In what cases my application could be rejected?

    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.

    Can I immigrate to Grenada?

    Yes. When you get your Grenadian citizenship and passport you can immigrate to Grenada and live there as a citizen of the country. You can reside anywhere in the country from St. George’s or on a secluded sandy beach.

    Is dual citizenship allowed in Grenada?

    Yes. The citizenship ACT in Grenada allows for dual citizenship.

    Does a passport have an expiration date?

    A passport is issued for a period of 5 years with its subsequent renewal for the same period.

    Tax Benefits of Caribbean Citizenship

    PDF, 6 pages, 3 mb.

    GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis

    We share our experience

    GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis

    We share our experience

    We prepared useful videos about Grenada citizenship and comparisons with other programs on our Youtube channel. Check them out.

    GRENADA <br>CITIZENSHIP-BY-INVESTMENT — Migronis

    Information about Grenada citizenship by investment program

    Grenada offers its citizenship to investors who possess the net worth to invest in Grenada and have a clean criminal background. Grenada’s citizenship by investment program (Grenada CIP) does not come with any Grenada immigration requirements and is handled by a specialized unit of the Grenada immigration department dubbed the Grenada Citizenship by Investment Committee.

    To obtain Grenada citizenship applicants must choose a Grenada authorized marketing agent and work their files through them. An applicant can check for authorized certification of any marketing agent on Grenada’s official website.

    Grenada citizenship by investment (Grenada CBI) can be obtained through two different types of investments; contributing directly to the government’s National Transformation Fund (NTF) or by purchasing government-approved real estate property in the Caribbean country normally in the form of shares in five-star resorts. Let’s take a closer look at the investment options.

    Investment options for obtaining citizenship of Grenada and Prices

    The Grenada citizenship cost depends on which investment option you choose to pursue, as there are two investment options, either the NTF or estate. The two options have differing investment amounts so let’s take a look at the investment opportunities available for obtaining the citizenship of Grenada.

    1. National Transformation Fund (NTF)
    2. Real Estate

    Benefits of Grenadian citizenship

    Getting dual nationality is full-packed with life-altering benefits, the Grenada citizenship benefits, however, are more due to the nature of its citizenship by investment program and the ease of getting the Grenada passport. While the term benefits can be objective to meet any given person’s needs, there are some major benefits that everyone agrees on; the main of which are:

    1. Enhanced global mobility – The Grenada second passport grants its holder visa-free access to 144 destinations worldwide including the Schengen Area, Russia, UK, and China; it is ranked as the 33rd most powerful passport in the world.
    2. Favorable tax scheme – Grenada citizens enjoy a lax tax regime. Those who get Grenada investment citizenship are not subject to worldwide income tax, inheritance tax, or net wealth tax.
    3. Simple, and quick, process – The Grenada passport requirements are quite simple and straightforward, and there is no need for immigration to Grenada or Grenada residency prior to applying. An investor and their families can get citizenship by investment in Grenada in approximately three months. Everything is made very simple.
    4. Adding family members – The Grenada citizenship by investment program allows investors to add family members such as their spouse, dependent children below the age of 30, dependent parents & grandparents, and dependent unmarried siblings above 18 years of age.
    5. Access to the United States of America – Grenada citizens are eligible under a treaty with the US to obtain a USA E2 visa. Only a handful of countries around the globe are eligible to apply for an E2 under the E2 treaty.

    How to obtain a passport of Grenada

    Grenada started offering its citizenship to investors 7 years ago. Since then, the terms of the program have changed more than once.

    However, it only positively affects the program’s popularity. Moreover, Grenada entered the top three in the CBI Index annual rating of investment programs in 2019.

    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 consult with specialists. The investment immigration agency will help you collect, notarize, apostille, and send them for consideration.

    Citizens of which countries cannot get a passport or can but with restrictions

    Many citizenship by investment programs have lists of ineligible nationalities. Grenada, on the other hand, does not restrict any nationalities or citizens of certain territories from applying to its CIP. Politically exposed people can also apply to the program but additional documentation is required.

    The journey to obtaining Grenada citizenship and becoming a global citizen is very simple, all you need to do is contact us today. 

    Step-by-Step Application Process

    Let’s take a look at the process of applying for a Grenada passport and citizenship under the Grenada CIP.

    First of all, the timeframe for Grenada citizenship by investment program is relatively short and most investors and their family members obtain citizenship within 3-6 months of filing their application. As for the steps themselves they are quite simple and streamlined, making the Grenada citizenship application one of the easiest in the world.

    The steps of the Grenada passport application are:

    1. Finding and choosing an authorized international marketing agent such as Migronis. Once you sign with an international marketing agent they will be responsible for preparing your file and submitting it on your behalf.
    2. Choosing an investment option, the international marketing agent you have chosen can help you choose the investment option that works best for you. In the case of real estate, the international marketing agent can show you approved real estate projects and advise you on which one can provide you with the best return on your investment.
    3. Gather documents and submit the application. Once you have chosen your investment amount you, along with the international marketing agent, begin compiling your application. Once you have gathered all the documentation the international marketing agent compiles them into a file and helps you fill out all the required forms; after which they submit the application on your behalf.
    4. Due diligence. Once the file is submitted to the office of the Grenada Citizenship by Investment Committee the due diligence process will begin. This is the longest stage of the Grenada passport application process and may take up to several weeks. Your international marketing agent will have the responsibility of liaisoning with the Grenada government in order to follow up on the file.
    5. Receive approval and transfer investment amount. Once the approval, which is a matter that the Grenada government has its rights reserved in deciding, is granted by the Grenadian Citizenship by Investment Committee the applicant transfers the investment amount and receives the Grenada passport and the Grenada citizenship.

    Simple, elegant, and quick. Getting a Commonwealth second passport has never been

    Procedure, terms and cost of passport replacement

    The renewal procedure takes about a week. A passport form, the original passport, and a copy of the certificate of naturalization should be submitted and the passport fee is to be paid.

    General information about the country

    1. GDP 2017 - $ 1,12 billion (increased by 5.59% if compared to $ 1,06 billion in 2016);
    2. Population - 108,208 (as of 2018);
    3. The capital is St. George's;
    4. Sectors of the economy - offshore business, tourism, agriculture;
    5. Doing Business 2020 ranking - ranked 146 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.

    See how we work

    Real cases of obtaining citizenship of Grenada

    We described the procedure of obtaining a Grenada citizenship in every detail, dividing each step into stages, providing examples and photos of all the documents. This articles are also available in video format.

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