Country Highlights
Capital
Saint George’s
Population
124,610 (2021)
Language
English (official), Creole English
Currency
East Caribbean dollars (XCD)
Exchange Rate
1 USD = 2.7 XCD
Government Type
Parliamentary democracy (Parliament) under a constitutional monarchy and Commonwealth realm
Global Ranking
29th
Time to Citizenship
4-6 Months
Minimum Investment
US$ 150,000
Type of Investment
Donation or real estate
Visa-free Countries
Andorra
Antigua and Barbuda
Argentina
Armenia
Austria
Bahamas
Bahrain
Bangladesh
Barbados
Belgium
Belize
Benin
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China
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Dominican Republic
Ecuador
Egypt
Estonia
Ethiopia
Fiji
Finland
France
Gabon
Gambia
Georgia
Germany
Greece
Guinea-Bissau
Guyana
Haiti
Hungary
Iceland
India
Indonesia
Iran
Ireland
Israel
Italy
Jamaica
Jordan
Kenya
Kiribati
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Laos
Latvia
Lesotho
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Lithuania
Luxembourg
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Maldives
Malta
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Mauritius
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Netherlands
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Norway
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Peru
Philippines
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Portugal
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Romania
Russia
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Saint Lucia
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Samoa
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Suriname
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Sweden
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Trinidad & Tobago
Turkey
Tuvalu
Uganda
Ukraine
United Kingdom and Crown dependencies
Uruguay
Vanuatu
Vatican City
Venezuela
Zambia
Zimbabwe
Benefits
- Global Ranking: The Grenada passport is ranked the 29th most powerful passport in the world.
- Business Advantages: Grenada presents an array of business-friendly incentives, including diverse investment options like high-yield real estate, opportunities in off-shore banking, and unique prospects for business and tax planning.
- Global Mobility: Enjoy visa-free travel to more than 150 countries, including popular destinations like Europe, the UK, Singapore, and Hong Kong. Citizens of Saint Lucia can also obtain Canadian and American visas easily upon arrival.
- Tax Benefits: Grenada provides a favorable tax regime, with no global or income taxes to worry about.
- International Mobility: Enjoy visa-free travel to over 150 countries, including popular destinations such as the Schengen countries, the UK, and Hong Kong. Moreover, Grenadians can pursue residency in China and investors can establish a business and reside in the United States through the USA E-2 visa program.
- Dual citizenship: This means you can obtain your Grenada passport while retaining your original citizenship.
- Commonwealth Nation: Grenada is a parliamentary democratic, independent and sovereign State within the Commonwealth of Nations.
- Swift Processing: Secure your passport and citizenship within 4-6 months from the date of application submission.
- Inheritance: : Holders of Grenadian citizenship will receive lifelong citizenship that can be passed down to future generations
- Inclusive Criteria: There is no minimum education requirement for applicants.
- No Residency Obligation: Citizenship is granted without the need to reside in Grenada, as is required by several countries across the globe.
Required Documentation/Paperwork
- Birth certificate
- Personal identification card
- Residence card, if applicable
- Personal photos measuring 5x5 cm
- Valid passport
- Electricity bill for the last 3 months
- Marriage certificate
- Divorce certificate
- Reference letter from a lawyer
- Reference letter from the bank
- Bank account statement for the last 12 months
- Educational certificate for the latest degree/certificate obtained
- Non-criminal certificate
- Fingerprints
Eligibility Criteria
- The applicant must hold a passport with a validity of at least 6 months.
- The applicant must have a clean criminal record.
- The applicant must complete a medical examination.
- The applicant should have a minimum of $200,000 in their bank account.
- All applicants should not have been refused entry to the Schengen or UK regions in their previous visa applications. In case of a refusal, applicants must reapply and receive approval before applying for any Caribbean programs.
- Grandparents above the age of 55 may be included as dependents.
- Children up to the age of 30 may also be included as dependents, provided they are
- Applicant interview required
Steps
- Step 1: Take advantage of the free consultation with AZUR CBI.
- Step 2: Prepare the necessary paperwork and documents required to obtain the nationality.
- Step 3: AZUR CBI will certify, translate, and attest the required documents and complete the application.
- Step 4: AZUR CBI will send the documents and application to the designated legal consultant in Grenada.
- Step 5: The designated legal consultant will submit your application to the Citizenship by Investment Unit in Grenada.
- Step 6: Submit your application form and pay the required security inquiry fees; if opting for the real estate option, it’s essential to reserve your desired property. Note that the real estate investment can be refunded in case of a rejection.
- Step 7: The government will issue the necessary inquiry report and will accordingly make a final decision.
- Step 8: Once your application is accepted, you will be required to make the donation payment, or if choosing the real estate option, then you must pay the balance of the purchase process.
- Step 9: Receive your nationality certificate and passport upon approval.
Costs
- Donation – main applicant: Starting from $150,000
- Real estate investment (for family of four): Starting from $220,000