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.
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Application
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Cost
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|---|---|
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Main Applicant
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USD 150,000
|
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Family of 4 including main applicant with spouse and dependents
|
USD 200,000
|
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Any additional dependents
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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.
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Application
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Cost
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|---|---|
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Up to family of 4 including main applicant with spouse and dependents up to the age of 30
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USD 50,000
|
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Any additional dependent
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USD 25,000
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Real Estate option is sellable after 3 years.
Related Costs
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Applicable Fees
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Cost
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|---|---|
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Due diligence for all applicant aged 17 and above
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USD 5,000
|
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Application fee per applicant
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USD 1,500
|
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Processing fee per person aged 18 and over
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USD 1,500
|
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Processing fee per person below 18
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USD 500
|
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Oath of allegiance fee per person aged 18 and over
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USD 20
|
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Passport application fee per applicant
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USD 250
|
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Permanent residence card per applicant
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USD 1,000
|
Steps to be citizen
Step 1
- Start the process: 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: 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: 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. 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: 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 Investment as an authorized agent that can help and guide you through the entire process of attaining Grenada citizenship and passport.