Grenada

Apply for Grenada passport by investment

About Grenada

General Info.

Capital

St. George's

Language

English

Total area

750 km2

Currency

Caribbean dollar

Location

North America

Exchange

1 XCD = 0.37 USD

Population

71,625

Calling code

+1-473

ABOUT GRENADA

Grenada is a beautiful island country located in the Caribbean Sea. It is known for its stunning beaches, lush rainforests, and vibrant culture. With a population of around 100,000 people, Grenada is a popular tourist destination attracting visitors with its crystal-clear waters, marine life, and charming towns.

The country is famous for spices, particularly nutmeg, as it is often referred to as the “Spice Isle.” Grenada has a tropical climate with a wet season from June to December and a dry season from January to May. The capital city of Grenada is St. George’s, which is known for its pastel-colored buildings and historical sites.

Grenada gained independence from British rule in 1974 and is now a member of the Commonwealth of Nations. The official language is English, and the currency is the Eastern Caribbean dollar. The country has a parliamentary democracy system of government with a Prime Minister as the head of government.

Investment Options

National Transformation Fund (NTF)

To qualify for Citizenship of Grenada by National Transformation Fund.

Application
Cost
Main Applicant
USD 150,000
Family of 4 including main applicant with spouse and dependents
USD 200,000
Any additional dependents
USD 25,000

National Transformation Fund (NTF) option is non-refundable.

Real Estate

To qualify for Citizenship of Grenada by approved Real estate project an applicant must invest a minimum value of USD 350,000 or USD 220,000 in tourism accommodation center.

Application
Cost
Up to family of 4 including main applicant with spouse and dependents up to the age of 30
USD 50,000
Any additional dependent
USD 25,000

Real Estate option is sellable after 3 years.

Related Costs

Applicable Fees
Cost
Due diligence for all applicant aged 17 and above
USD 5,000
Application fee per applicant
USD 1,500
Processing fee per person aged 18 and over
USD 1,500
Processing fee per person below 18
USD 500
Oath of allegiance fee per person aged 18 and over
USD 20
Passport application fee per applicant
USD 250
Permanent residence card per applicant
USD 1,000

Steps to be citizen

Step 1

  • Start the process:Β After signing the contract with Sadaf Investment, you will deliver all the documents and sign the forms. Our expert team is by your side at all stages and will help you translate documents and complete all forms.

Step 2

  • Documents Submission: In the second step, we will send all the prepared documents to the country of issuing the passport to start the process, and from the time of receiving the documents, the scheduling of your file will begin.

Step 3

  • Due Diligence:Β The applicant’s file starts to review life history, type of business, and income. An experienced, government-approved team then conducts the investigation. You should note that this stage is one of the essential steps to obtaining citizenship.

Step 4

  • Final approval:Β After passing the investigation stage, the government will issue the final approval. At this stage, the applicant can check the accuracy of this profile on the government website. The estimated duration is between 2 to 4 months.

Step 5

  • Settle up payment: The applicant should pay all remaining amounts in this stage and receive a company stamped receipt. This amount must be paid immediately after the final invoice to have your certificate and passport on time.

Step 6

  • Certificate & Passport: After the last payment, the government will issue citizenship documents and passports. The estimated time for obtaining a passport is 45 to 60 days after the money arrives in the government Bank Account.

Visa Free List

Check the countries you can travel with Antigua & Barbuda Passport. Β Go To Passport Index

BENEFITS OF GRENADA CITIZENSHIP

Grenada offers a citizenship program known as the Grenada Citizenship by Investment Program. This program allows individuals and their families to obtain Grenadian citizenship in exchange for an investment in the country. Applicants can choose from various investment options, such as contributing to the National Transformation Fund, investing in approved real estate projects, or investing in a government-approved business. Grenadian citizenship offers benefits such as visa-free travel to over 140 countries, access to quality healthcare and education, and a stable political environment.

Grenadian citizenship offers several benefits to individuals and their families who obtain citizenship through the Grenada Citizenship by Investment Program. Some of the key benefits include:

Visa-Free Travel:Β Grenadian citizens enjoy visa-free or visa-on-arrival access to over 140 countries and territories, including the European Schengen Area, the United Kingdom, and many other desirable destinations.

Education and Healthcare: Citizens have access to quality education and healthcare facilities in Grenada, as well as opportunities for higher education abroad.

Stable Political Environment: Grenada is known for its stable political environment, making it an attractive place to live, work, and invest.

Tax Benefits: Grenada does not impose worldwide income taxes, capital gains taxes, inheritance taxes, or gift taxes on its citizens, making it an appealing option for individuals seeking tax advantages.

Dual Citizenship: Grenada allows dual citizenship, so individuals do not need to renounce their existing citizenship to become a citizen of Grenada.

Safety and Security: Grenada is considered a safe and peaceful country with a low crime rate, providing a secure environment for residents and their families.

These are just a few of the benefits that come with obtaining Grenadian citizenship. If you have any specific questions or would like more detailed information, feel free to ask!

Apply now

Get your free consultation

If you are interested in applying for Grenada Citizenship by Investment program, please don’t hesitate to call us for a free consultation. Sadaf InvestmentΒ as an authorized agent that can help and guide you through the entire process of attaining Grenada citizenship and passport.