What are Grenada Citizenship Requirements

Contents: Requirements | Details

Update: Congress passed the James M. Inhofe National Defense Authorization Act for Fiscal Year 2023 (H.R. 7776/NDAA) on December 15, 2022.

Individuals who have obtained citizenship through financial investment must have been residing in that country continuously for at least 3 years before applying for an E Nonimmigrant Visa. 

The residency requirement does not apply to individuals previously granted E nonimmigrant status. The changes will limit the use of “Citizenship by Investment” programs of countries, such as Grenada, that have allowed investors who obtain citizenship in a treaty visa country to secure E-2 Nonimmigrant Visas while waiting for an available immigrant visa.

What is required for Grenada Citizenship by Investment?

Grenada Citizenship thru Investment Requirement:

• At least 18 yrs old with clean criminal record
• Contribution to Grenada – $150,000 OR
• Contribution for Main applicant with up to 3 dependents – $200,000 OR
• Business or Real estate investment – Min. $220,000

Grenada Immigration – Citizenship requirement Details

ELIGIBILITY

Eligible dependents include the spouse and children under 30 years old as well as dependent parents, grandparent including unmarried and childless siblings of the principal applicant above 18 years old.

Investment Options

The Grenada Citizenship by Investment Programme provides investors with two options:

Contribution to the National Transformation Fund (NTF)

Investment in an approved real estate project

1. NTF aims to transform Grenada’s economic architecture and finance projects in various sectors, including alternative energy and agriculture. The NTF option consists of a non-refundable contribution of $200,000 for a family of four.
3. Investment in Government-approved projects is an alternative route in which real estate developments such as resorts and villas. The applicant is required to make a co-ownership investment of $200,00 when investing in the Tourism Accommodation sector or $350,00 in government-approved projects not in the Tourism Accommodation Sector. For the applicants to opt into the first option, the principal applicant must invest together with at least one additional main applicant. Each of the principal applicants must pay a price of USD $200,000.

Additional Qualifications

Applicants must be at least 18 years old and have a clean criminal record. The applicant must have a good moral character and a verifiable source of funds.

See more: Cost | Process