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Grenada

Grenada Citizenship by Investment

Visa-free access to more than 155 countries for Grenada passport holders. Popular destinations: the EU, UK and China. Crystal CBI is a representative of Grenada’s Citizenship Program. When you engage with us, you can expect:

Obtain your citizenship in
3-4 months.

Apply directly with an authorized agent.

Become a citizen from 100.000$ donation or from $200.000 real estate investment.

Confidential Application Process. We take your privacy seriously.

Benefits of Grenada Citizenship

Citizenship Application Process

Immigration Expert Consultation

We will conduct a detailed analysis of your situation, advise on the application process and compile a list of required documents.

Financial Intelligence Unit Background

Our Citizenship Specialists provide clients with both comprehensive application kits (comprising application forms, checklists, notes and sample documents to guide the preparation of their applications) as well as other assistance and guidance as required. We undertakes a robust review of each client’s documents before the application is submitted to the Citizenship by Investment Unit (CIU).

Committee Screening & Approval

At this stage, the CIU will conduct its due diligence exercise in relation to the application. Any queries emerging from the due diligence process are responded to effectively and quickly. At the end of this process, the CIU will issue one of the following decisions: Approved in Principle; Delayed for Cause or Denied.

Issuance of Certificate of Citizenship & Passport

Once a client’s application has been approved in principle, the balance of the Government processing fees becomes payable as well as the investment or donation amount. The passport application is submitted to the CIU. Upon satisfaction of these requirements, the CIU issues the Certificate of Registration and passport for the client. We ensure that these documents are safely and securely delivered to the client.

Business in Grenada

Grenada is another captivating island nation in the Caribbean Sea, cherished for its natural splendour and vibrant cultural history. Often called the “Spice Isle,” Grenada is renowned for its abundant spice plantations, including nutmeg, cinnamon, and cloves. Visitors can immerse themselves in the aromatic scents of the bustling spice markets, marvel at stunning waterfalls like Annandale Falls, or bask in the sun on tranquil white sandy beaches. With a flourishing tourism sector, Grenada offers excellent opportunities for entrepreneurs seeking to invest in hospitality, eco-friendly tourism initiatives, or sustainable development projects.

Business

The island nation of Grenada also offers a favourable business environment with various incentives for companies. Grenada is renowned for its breathtaking natural beauty, including pristine beaches, turquoise waters, and picturesque mountains, making it an ideal location for businesses in the tourism and hospitality sectors. Grenada also has a growing offshore financial services sector, providing opportunities for companies in banking, insurance, and investment activities. The government of Grenada offers tax benefits and streamlined procedures to attract foreign investment and stimulate economic growth. Whether you are looking to establish a luxury resort, invest in sustainable tourism, or engage in financial services, Grenada provides a range of opportunities for businesses.

CRYPTO

Grenada, a stunning island nation, is also an ideal destination for crypto enthusiasts. Like the other Caribbean nations, Grenada has embraced the world of digital currencies and has established a favourable environment for crypto-related businesses. With its forwardthinking approach, Grenada offers a supportive framework similar to the Digital Asset Business Act. Aspiring entrepreneurs and crypto enthusiasts can take advantage of the island’s mesmerising natural beauty and relaxed way of life, creating the perfect combination of crypto opportunities and a high quality of living.

Grenada Investment Options And Fees

The Government determines which real estate projects meet the established threshold to be designated as Approved Projects following which they become eligible to participate in the Program. With the increasing demand for tourism related accommodation in Grenada, the majority of the approved projects are hotel resorts and villas. This augurs extremely well for the investor in the real estate option of the Citizenship by Investment Program as the investment attracts excellent returns. The minimum investment that an investor is required to make is shown in the Table below. A property acquired under this Option may be resold after5 years following the grant of citizenship.

Minimum Investment

– Payabale upon grant of approval in principle.

– $220,000 (Shared Project)

– $350,000 (Individual Unit)

– Irrespective of the number of dependents that are included in the application.

Due Diligence Fees

– Payable on submission of application

– $5,000 – Principal Applicant

– $5,000 – Spouse

– $5,000 – Dependent 17 years and older

Government Application Fees

– Payable on submission of application

–$1,500 – Per Person in the application

Government  Fees

– Payable upon grant of approval in principl

– $50,000 – Principle Applicant and up to three Dependent

– $25,000 – Each additional Dependent

Government Processing Fees

– Payable on submission of application

– $1,500 – Principal Applicant

– $1,500 – Spouse

– $1,500 – Dependent 18 years and older

– $500 – Dependent below 18 years

Other Applicable Fees

– Passport Fees
– Oath of Allegiance Fees
– Bank Transfer Fees
– Property Transfer Fees
– Professional Fees

 

The National Transformation Fund (NTF), which was established in 2013 aims at providing support to various sectors in the economy, in particular, tourism, agriculture and alternative energy. Donations to the NTF facilitate the transforming of the economy of Grenada to one that is more self reliant and resilient.

Minimum Investment

– Payabale upon grant of approval in principle.

– $150,000 – Single Applicant

– $200,000 – Principle Applicant and up to three Dependents

– $25,000 – Each additional Dependent

– $75,000 – Each Qualifying Sibling (in addition to regular donation amount for family size)

– $50,000 – Each Parent under 55 years old (in addition to regular donation amount for family size)

 Diligence Fees

– Payable on submission of application

– $5,000 – Principal Applicant

– $5,000 – Spouse

– $5,000 – Dependent 17 years and older

Government Application Fees– $1,500 Per person in the application

Government Processing Fees

– Payable on submission of application

– $1,500 – Principal Applicant
– $1,500 – Spouse
– $1,500 – Dependent 18 years and older
– $500 – Dependent below 18 years
Other Applicable Fees


– Passport Fees

– Oath of Allegiance Fees

– Bank Transfer Fees

– Professional Fees

Other perks of Grenada

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Stable temperature all year around.

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Full of organic free-range livestock.

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Organic year around fruits and vegetables. 


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Fish and coral reefs in all the colours of the rainbow.

Frequently Asked Questions about the Grenada Citizenship by Investment Program

The minimum investment for Grenada's CBI National Transformation Fund (NTF) option is typically $150,000 for a single applicant and $200,000 for a family of four, making it an attractive choice for investors seeking citizenship.

Under Grenada's CBI real estate option, investors must select approved projects, with a minimum investment of around $220,000. This investment usually has a holding period of at least four years, providing an opportunity for both investment and residency.

Grenadian citizens acquired through CBI enjoy extensive travel benefits, with visa-free or visa-on-arrival access to over 140 countries, including the UK, EU Schengen Area, and China, facilitating global mobility.

The average processing time for Grenada's CBI applications ranges from 3 to 6 months, depending on the complexity of the case and the due diligence process, ensuring a thorough evaluation of applicants.

Yes, we accept payments made in cryptocurrencies.

Real estate investments made under Grenada's CBI program often come with a resale restriction for five years from the purchase date, ensuring stability and commitment to the country.

Grenadian citizens obtained through CBI benefit from a favourable tax regime, including no income, capital gains, or inheritance taxes, creating a tax-efficient environment.

Yes, Grenadian citizens through CBI can access the U.S. E-2 Investor Visa program, facilitating business activities in the United States, a significant advantage for international entrepreneurs.

Grenada's CBI program undergoes rigorous audits and oversight, ensuring transparency and compliance with international standards, providing confidence to both investors and the government.

To apply for Grenada's CBI program, one must work through authorised agents and meet eligibility criteria, such as a clean criminal record and financial stability, streamlining the application process.

Family members, including spouses and children, are eligible to apply for Grenadian citizenship through the CBI program alongside the main applicant, promoting family unity.

Benefits of Grenadian citizenship obtained through CBI extend beyond visa-free travel, encompassing political stability, educational opportunities, and potential business advantages in a Caribbean nation, offering a holistic advantage.

Grenadian citizenship acquired through CBI can typically be passed down to future generations, creating a lasting legacy for families.

The investment made under the Grenada CBI program is usually required to be held for a minimum period, typically a few years, before it can be liquidated, ensuring a commitment to the country's development.

Grenada's CBI program does not have specific language or residency requirements for applicants, providing flexibility to a diverse pool of investors.

The Grenada CBI program is renowned for maintaining high standards of due diligence and integrity, ensuring the suitability of applicants, and safeguarding the program's reputation.

In addition to the NTF and real estate options, Grenada's CBI program may offer other investment possibilities, such as business investments, enhancing diversification opportunities.

Updates and changes to the Grenada CBI program's requirements or benefits may occur over time, underscoring the importance of staying informed through official sources.

Yes, applicants for Grenadian citizenship through CBI can typically retain their existing citizenship, as Grenada allows dual citizenship, offering flexibility and preserving individuals' international ties.

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