Grenada is a stunning Caribbean country that has become a popular tourist spot and attracts many investors through its Grenada citizenship program. The country is well-known for its spices and provides a safe and secure environment to people. In the first half of 2023, the citizenship by investment program of Grenada’s revenue surged by 213% then at the same time in previous year, showing the increasing popularity of the program.
Overview of Grenada Citizenship Program
The Grenada citizenship program launched in 2013 allows investors to live and work in Grenada also known as ‘The Spice Island of the Caribbean’ by getting its citizenship after meeting its investment requirements under the following two investment routes.
Donation to National Transformation Fund.
Real estate Investment.
The program attracts large foreign direct investments (FDI) and boosts the economy of the country.
Why Choose the Grenada Citizenship Program?
Grenada Citizenship program enhances the lifestyle of global investors and provides them the ability to expand their business worldwide. Following are some key advantages Grenada citizens can benefit from.
Global Mobility with Grenada Citizenship Program
Citizens of Grenada have the privilege of traveling visa-free to 147 destinations such as the UK, Singapore, China, Schengen zone countries, and Russia. These are some key destinations where the Grenada citizens can travel without requiring any visa, explore their business markets and expand their business there. Attending international events, conferences, and meetings become easier for them as no visa rejection stops them when they have citizenship of Grenada.
US E-2 Investor Visa with Grenada Passport
Grenada has signed up a bilateral treaty with the US which allows its citizens to access the US E-2 Visa easily, meaning they can live and run business in one of the leading business markets of the World, the United States. This is one of the major reasons why most investors prefer investing in the Grenada citizenship program.
Grenada Citizenship Program Family Inclusion Rule
The family members of the main applicant of Grenada citizenship program can also be included in the application which means they can access the healthcare and education in Grenada as citizens. These family members include children under 30, unmarried siblings, parents, and grandparents of the main applicant and spouse. They all enjoy long-term benefits of living in Grenada which has one of the top educational institutions and excellent healthcare.
Grenada’s Low Tax Policies
Investors after becoming citizens of Grenada benefit from its low tax incentives such as no tax on worldwide income, inheritance, or capital gains. This is for the non-residents and allows them to protect their wealth.
Grenada Dual Nationality Opportunity
Investors of Grenada Citizenship program can become dual nationals and access multiple opportunities as they do not have to give up their current nationality to get citizenship of another country. Grenada does not require this from its investors or passport holders.
Secure Lifestyle in Grenada
Grenada is considered a very safe country and provides a very peaceful environment to its citizens. Living alongside nature already provides a sense of calm to many people. So Grenada citizens can adopt a better lifestyle and benefit from security in Grenada. The culture there is also unique and people enjoy many festivals and carnivals by living in Grenada.
Grenada Citizenship by Investment Real Estate Option
Although, Grenada offers two investment routes to investors including donation to National Transformation Fund (NTF) and Real Estate Investment Unit Purchase and Investment in government-approved projects. But the most popular is Grenada Citizenship by Investment Real Estate Option.
It allows investors to secure a high-yielding property and benefit from Grenada's real estate market growth that is exceptional in 2025. The investment can also be in government approved projects such as luxury hotels, resorts, and eco-friendly developments. This helps investors qualify for the Grenada citizenship program.
Grenada Citizenship by Investment Real Estate
The real estate investment option under Grenada citizenship program requires a minimum of $270,000 investment for purchasing a share in an approved unit.
Grenada Citizenship by Approved Project Investment
This investment option for Grenada citizenship program requires a minimum of $350,000 investment in government-approved projects and the investment must be held for 5 years at least.
Grenada Citizenship Program Requirements
The following are some Grenada citizenship program requirements that must be fulfilled by individuals who want to get a Grenada passport.
The main applicants must be an adult aged 18 years or above.
Must pass the due diligence test including background and criminal records checks.
Provide proof of investments. .
No critical health issues.
Hold investment for at least 5 years.
Conclusion
Grenada citizenship program is the best choice for investors seeking real estate investment options to secure their families future, achieve global mobility, have a strategic plan B, and to expand their business worldwide. Moreover, it is a perfect citizenship program for people who want travel freedom as it provides visa-free access to 147 countries.