Grenada Citizenship by Investment 2023
Famous as the “Spice Isle”, Grenada is a tropical island country nestled in the Caribbean Sea, which comprises the main island, surrounded by many smaller ones.
The island is also known for colorful Georgian buildings as well as an early 18th-century Fort George overseeing the Carenage Harbour. Grenada got freedom from British rule in the year 1974 and ever since then has been an integral part of the British Commonwealth.
Given the natural beauty, Grenada attracts a lot of tourists thus making tourism one of the strongest pillars of the country’s economy.
However, Grenada’s economy is also supported greatly by its spice production. The country majorly exports mace and nutmeg. In fact, Grenada is the second-largest nutmeg producer in the world, after Indonesia.
It was in 2013 that the Grenada Citizenship by Investment Program was relaunched. It was done with the aim of driving the economy further.
Qualifying Criteria
- You should have a clear record
- You must provide proof of funds along with the minimum funds held
- You should have good moral character
- You should be in sound health, both mentally & physically
FAQs
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Grenada citizenship by investment is your chance to live in the wonderful spice island that offers you numerous benefits in regard to travel freedom, business expansion, tax efficiency, and great lifestyle. It allows you to live a more stable and secure lifestyle.
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With a Grenada second passport, you can travel visa-free and visa-on-arrival to a host of countries. Moreover, you can also expand your business globally and get tax advantages.
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Grenada is the only Caribbean nation that has signed the E 2 treaty with the USA. This enables the citizens of Grenada to acquire the E 2 visa via an investment of a “considerable” amount in a US entity. This further allows you to live and work in the US and it also acts as the pathway to US residency.
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If you are a citizen of Grenada, you can travel visa-free and visa-on-arrival to 144 plus countries. This also includes the UK & Schengen Area.
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No, if you are looking to acquire Grenada citizenship by investment, you don’t have to give up your current citizenship as Grenada allows dual citizenship.
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You can invest in Grenada Citizenship via any of the following ways: Make a donation to the Government National Transformation Fund of Grenada You can also make a real estate investment of USD 350,000. You can even co-own a single unit with a minimum of one extra main applicant. Each main applicant needs to pay the least purchase price of USD 220,000
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The entire process will take place online and there will be no need for you to travel to Grenada during the application process.