How To Relocate to the Caribbean With Grenada’s Citizenship By Investment Program

by World Offshore Banks


Grenada, known as the "Spice Isle" of the Caribbean, is a picturesque island nation comprising Grenada, Carriacou, and Petite Martinique. Located in the southeastern Caribbean, just north of Venezuela, Grenada offers stunning beaches, lush rainforests, and a rich cultural heritage.

For those seeking a second passport, Grenada’s Citizenship by Investment Program (CIP) provides an excellent opportunity to gain citizenship through economic contributions. This program grants visa-free travel to over 140 countries, including the UK, EU, and China.
“Grenada

How to Get to Grenada
Maurice Bishop International Airport (GND) offers direct flights from major cities such as New York, Miami, Atlanta, Toronto, London, and Frankfurt. Airlines servicing Grenada include JetBlue, American Airlines, Delta, British Airways, Virgin Atlantic, Caribbean Airlines, Air Canada, and Condor.

Benefits of Grenadian Citizenship
Visa-Free Travel: Access to over 140 countries, including the UK, EU, China, and Singapore.

E-2 Visa Eligibility: Grenadian citizens can apply for a U.S. E-2 Investor Visa, allowing them to live and work in the U.S.

No Residency Requirement:No need to reside in Grenada before or after obtaining citizenship.

Tax Advantages:No worldwide income, capital gains, or inheritance tax.

Dual Citizenship:Grenada permits dual citizenship, allowing investors to retain their original nationality.

Grenada Citizenship by Investment (CBI) Program
Grenada’s CBI Program was established in 2013 under the Grenada Citizenship by Investment Act. The program provides two investment options:

National Transformation Fund (NTF)
A non-refundable donation to the NTF, which finances development projects.

Minimum contribution:
- $150,000 for a single applicant.
- $200,000 for a family of up to four.

Real Estate Investment
- Purchase of government-approved real estate valued at $220,000 (shared ownership) or $350,000 (full ownership).
- Property must be held for at least five years.
Both options include due diligence and processing fees.

Eligibility Requirements
To qualify, applicants must:
- Be over 18 years old.
- Have no criminal record.
- Provide proof of legitimate source of funds.
- Be in good health.
Dependents such as spouses, children under 30, parents, and grandparents can also be included.

Application Process
 Select an Authorized Agent:
Grenada requires applications to be submitted through licensed agents.

Due Diligence & Background Check:
This is typically completed in 60–90 days.

Investment & Application Submission: Make the required investment and submit documents.

Approval & Citizenship Grant: Upon approval, receive a certificate of citizenship and a Grenadian passport.
“Grenadian

Required Documents
Valid passport & national ID - Birth & marriage certificates (if applicable)
- Police clearance certificate (for applicants 16+)
- Medical examination report
- Proof of source of funds
- Proof of address (utility bill or bank statement)
- Signed application forms

Costs Breakdown (for a Family of Four)
Cost Breakdown Single Applicant Family of Four
National Transformation Fund (NTF) Donation $150,000 $200,000
Real Estate Investment (minimum) $350,000 $350,000
Processing Fees $7,500 $15,000
Due Diligence Fees $5,000 $10,000
Government Fees (per applicant) $1,500 $6,000
Passport Fees $250 $1,000
Total (NTF Option) $164,250 $232,250
Total (Real Estate Option) $368,750 $368,750

Living in Grenada
Grenada offers a high quality of life with modern healthcare, international schools, and a vibrant culture. The island is home to St. George’s University, a globally recognized medical school.

Synopsis
Grenada’s Citizenship by Investment Program is a fast and efficient way to gain a second passport while enjoying the beauty and benefits of living in the Caribbean.

Whether you choose to invest in the NTF or real estate, this program provides a secure path to global mobility and financial freedom.