Grenada Citizenship by Investment Program: Your Gateway to a Caribbean Second Passport
Nestled in the Lesser Antilles of the Eastern Caribbean, Grenada—often referred to as the “Isle of Spice”—spans an area of 133 square miles (344 square kilometers). This beautiful archipelago includes two dependencies, Carriacou and Petite Martinique, which are accessible via excellent ferry services. Grenada is renowned for its lush forests, stunning white sand beaches, and a total of 45 beaches, with the famed Grande Anse beach being the crown jewel. Stretching two miles along the Caribbean Sea, Grande Anse offers unmatched tranquility and is a favorite among visitors.
Grenada’s appeal extends beyond its natural beauty. The island is a popular destination for high-net-worth investors, thanks to its exceptional diving, sailing, gourmet dining, and vibrant festivals. The island also boasts a rich educational landscape, home to the prestigious St. George’s University, which attracts over 6,000 students from more than 140 countries and is well-regarded for its medicine and veterinary science programs.
History enthusiasts will find plenty to explore in Grenada, including the Molinere Underwater Sculpture Park—the world’s first underwater sculpture park, featuring over 65 human form sculptures created by British sculptor Jason DeCaires Taylor. Grenada’s historical fortifications, such as Fort George and Fort Frederick, add to its rich cultural tapestry. The island gained independence from the United Kingdom on February 7, 1974.
Overview of the Grenada Citizenship Program
The Grenada Citizenship by Investment Program was re-established in 2013 and is anchored in the Grenada Citizenship by Investment Act, No. 15 of 2013, along with various amendments and supporting regulations. The program primarily aims to facilitate permanent residence and citizenship through contributions to the National Transformation Fund or investments in approved real estate projects.
Eligible investors can apply for citizenship for themselves and their dependents, which include spouses, children under 30, children of any age who are physically or mentally challenged, as well as siblings, parents, and grandparents of any age.
Benefits of the Grenada Citizenship Program
- Visa-Free Travel: Enjoy visa-free access to over 137 countries, including China, the United Kingdom, EU Schengen countries, Hong Kong, and Singapore.
- Unique Visa Opportunities: Grenada is one of the few countries with visa-free access to China.
- E2 Visa Eligibility: Excellent opportunity to live and work in the USA through the E2 investor visa.
- Full Residence Rights: Enjoy the right to live and work in Grenada.
- No Residency Requirement: No obligation to reside in Grenada before or after obtaining citizenship.
- Permitted Dual Citizenship: Retain your current citizenship while acquiring Grenadian citizenship.
- Living and Working in Other Caribbean Nations: Right to reside and work in several other Caribbean countries.
- Stable Political Environment: Benefit from a democratic government that ensures stability.
- Favorable Investment Climate: Enjoy an excellent environment for investments.
- Tax Advantages: No taxation on wealth, foreign income, capital gains, gifts, or inheritances.
- Quality of Life: Experience a pleasant climate and pristine natural surroundings.
- Educational Opportunities: Grenada is home to St. George’s University, offering medical, veterinary, and arts and sciences programs, with international accreditation and training partnerships with top hospitals in the United States and the UK.
- Education Benefits: Access to scholarships and preferred admission for young individuals to leading schools and universities.
If you have any questions or would like to know more about the Grenada Citizenship by Investment Program, please reach out to us. Our dedicated team is here to assist you in navigating this exciting opportunity to secure your second passport.