Grenada Citizenship Passport | Karibi Consultants

Known as the ‘Isle of Spice’. Grenada

5:30 am, Apr 27, 2024

13°C

105,000

POPULATION

English, French, Patois

OFFICIAL LANGUAGES

Saint George

CAPITAL

Overview of Grenada

Grenada is a country in the southeastern Caribbean Sea. Comprising several islands, Grenada is a tourist attraction due to its beautiful nature and rich cultural history. This stunning country is located about 160 km southwest of St. Vincent and the Grenadines and about 140 km north of northern Venezuela.

Grenada is known for its white sandy beaches, dense tropical forests, and picturesque landscapes. The Grand Etang National Forest in Grenada, located in the northeast of the main island, is one of the distinctive tourist sites. Additionally, Grenada is famous for its rich presence of spices, earning it the title of the “Isle of Spice.”

The Grenada Citizenship and Passport Program through investment offer a unique opportunity for individuals and their families to obtain citizenship or permanent residency. This program allows individuals who acquire citizenship through it to enjoy equal rights with other Grenadian citizens, including permanent residence and work rights in the country, and benefit from all rights associated with CARICOM membership.

Advantages of Grenada passport

Travel visa-free or obtain visa-on-arrival to over 137 countries and territories, including Schengen Area, and the United Kingdom.
The application process is smooth and straightforward, with a timeframe of only 6 months to obtain your new citizenship.
Obtaining citizenship in Grenada provides you with full residency status, granting you the right to live and work in the country.
Individuals who obtain citizenship in Grenada benefit from the lowest tax levels, with no wealth, gift, inheritance, foreign income, or capital gains taxes.
You can obtain dual citizenship without the need to renounce your current nationality, ensuring the confidentiality of acquiring your new citizenship.
The program allows the addition of unmarried siblings aged 18 and above to the process of obtaining Grenadian citizenship and passport.

How to Qualify for Grenada Citizenship

Obtaining Grenada citizenship requires the main applicant to be at least 18 years old.
Applicants must have no criminal record.
Applicants must provide proof of the source of investment funds.
Dependent children must be under the age of 30.
Dependent parents and grandparents.
Unmarried dependent siblings must be over the age of 18.
Applicants must undergo due diligence checks to gain approval.

Grenada Citizenship by Investment Options

Option 1: the National Transformation Fund (Donation)

The National Transformation Fund (NTF) was created to help in sustaining the growth and transformation of Grenada’s economy. The Funds are used to finance various projects across many industries, including tourism, trade, agriculture and alternative energy.


Single applicant				US $150,000
Main applicant and spouse				US $200,000
Family of four				US $200,000
Additional dependents (except siblings and parents/ grandparents under the age of 55)				US $25,000 per applicant
Dependent parents/ grandparents under the age of 55				US $50,000 per applicant
Dependent siblings				US $75,000 per applicant

Option 2: Real Estate Investment

The applicant must invest in a government-approved real estate project within Grenada at a minimum value of US $220,000 or US $350,000, you may only re-sell that real estate under the Citizenship by Investment grenada passport Program after five (5) years of acquiring citizenship.


Single applicant				US $50,000
Main applicant and spouse				US $50,000
Family of four				US $50,000
Additional dependents (except siblings and parents/ grandparents under the age of 55)				US $25,000 per applicant
Dependent parents/ grandparents under the age of 55				US $50,000 per applicant
Dependent siblings				US $75,000 per applicant

Citizenship Process

We provide an efficient service to process your application, giving it the attention it deserves to enhance its chances of success. This ensures you the utmost security for citizenship by an investment program, ultimately granting you and your family a second passport.

1. Free Consultation

In our Citizenship by Investment program, we guide our clients in understanding the best investment options that suit their needs, whether through donation or real estate investment. We take the time to learn about our clients, their family members, and their specific situations before delving into the costs associated with different options. After this stage, we present a comprehensive quotation for your consideration.

2. Free Validation

We meticulously examine and validate all necessary documents upon acceptance of the quotation. This ensures that our clients do not invest time and money without certainty about the eligibility of their application.

3. Submission of required documents

We translate and notarize all necessary documents, meticulously filling in all government forms. This meticulous process ensures full compliance with government requirements and regulations. Subsequently, we compile a comprehensive file for the final submission.

4. Apply for initial approval

All pre-screened documents are dispatched to various government agencies for processing during this stage. We maintain close communication with our agencies throughout this period, ensuring a timely and efficient process. We also stay in touch with our clients, addressing any additional government clarifications and providing regular updates on the application status.

5. Approvals & Payments

Upon securing the initial approval, the government will request funds. Once the funds are cleared, we initiate the application for the final citizenship certificate and passport documentation.

6. Congratulations, Your New Citizenship and Passport is Now Ready

After obtaining all necessary approvals and completing the full payment, we will arrange for the secure handover of the passport. Congratulations! Your second citizenship by investment is now complete. Feel free to contact us if you require assistance; we will be happy to help.

Frequently Asked Questions

What Is The Citizenship By Investement Program?

The Citizenship by Investment Programme allows foreign investors to obtain full legal citizenship and passports for an investor and their family where that investor has made a significant investment in Saint Lucia which qualifies under the Citizenship by Investment Regulations. This investment can be real estate based, an enterprise, government bonds or done through a national economic fund.

How Do I Apply for Citizenship?

A detailed breakdown of the steps for applying for dominica passport citizenship can be found on our About Us page under “The Process”. However all the requirements you need to know about are in the section just above this, contact one of our citizenship by investment experts for consultation on what your options can be.

How Much Does The Programme Cost? What Are The Fees?

The total cost will be made up of the investment, and then other fees relating to the processing of the application. These will depend on whether you choose to obtain citizenship through the Government Fund option or the Real Estate Investment option. This will also depend on the number of individuals applying, sole applicants and their additional family members will naturally increase the investment structure.

What Are The Benefits?

Once citizenship of Grenada has been granted, you will have the all of the same rights as any Grenadan citizen. You will have the right to live and work in Grenada at any time. As Grenada is a member of CARICOM, you can also live in any other member nation. With visa-free travel or visa on arrival to to over 120 countries. For more information about the benefits have a look at our benefits page or contact us so that we sort your options out for you and your family.

What is my client UCI?

Your client UCI is a Unique Client Identification number which has been assigned to an applicant for Citizenship by Investment in Grenada. Your UCI or client ID will be used to reference your application in all communication between the Citizenship by Investment Unit and the us (the authorised agent).

How do I get my citizenship application processed faster?

Please be sure that your application is submitted as per the guidelines published by the Citizenship by Investment Board. Failure to do so would mean a delay in the amount of time the Citizenship by Investment Unit takes to accept your application for processing.

Once an application has been accepted for processing, it will be treated on its merit by the Citizenship by Investment Unit. Where there are abnormalities to be addressed, the Unit will contact us (your authorised agent) directly.

Otherwise, your application cannot be expedited. All application must go through the process as established by the legislation and the Citizenship by Investment Board.

Can my friend or family member handle my citizenship application for me?

No. Only a licensed authorised agent (Karibi) can act on your behalf and handle your citizenship application for you.

How can I help with my application?

You can help with your application by making sure that all the information and supporting documents you provide as part of your application is correct and in keeping with the guidelines published by the Citizenship by Investment Board.

Incorrect and/or incomplete information will delay the processing of your application.

You can also help by meeting the qualifying investment within the time allocated to do so. Failure to meet qualifying investment once your application has been approved with delay the granting of your Certificate of Citizenship.

How long does it take to process my citizenship application?

The Citizenship by Investment Unit will inform Karibi once your application has been accepted for processing. In order to be accepted for processing by the Unit, your application MUST be fully compliant as per the legislation and guidelines published by the Citizenship by Investment Board.

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