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Grenada​

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About

Grenada is a Caribbean island located northeast of Venezuela and southwest of Saint Vincent and the Grenadines. Known as the spice island, it produces the largest percentage of the world’s supply of nutmeg and is home to the world’s first underwater garden.

The Grenada citizenship by investment programme was created in 2013 to stimulate economic growth and create employment opportunities. The programme offers visa-free travel to 146 countries, including the Schengen area, the United Kingdom, Singapore, Hong Kong, and China. An investor may qualify for citizenship by donation or real estate investment.

Grenada Flag
Grenada Icon
Grenada Map

Benefits of 2nd Citizenship

Home
No Residency Requirements
Langauage
No Language Requirements
Citizenship
Dual Citizenship is Recognised
Tax Planning
Limited Taxation; no wealth, gift, foreign income or capital gains tax
Mobility
Ability to apply for the USA E2 visa
Home
No Residency Requirements
Langauage
No Language Requirements
Citizenship
Dual Citizenship is Recognised
Mobility
Ability to apply for the USA E2 visa
Tax Planning
Limited Taxation; no wealth, gift, foreign income or capital gains tax

General Requirements

The main applicant must:
  • Be over the age of 18
  • Have no criminal record or be under investigation for a criminal offence
  • Be able to make full investment amount on approval
  • Not have been rejected from a visa from a country that has a visa free agreement with Grenada. All visa rejections must be disclosed.
  • Must not be found to be involved in any activity which may cause disrepute to Grenada.
  • Should be healthy and not be diagnosed with a contagious disease.
  • Full disclosure must be made on the application forms.
    Any incorrect information or false documentation provided will lead to a rejection.

Investment and Donation Options

Option 1: National Transformation Fund
Option 1: National Transformation Fund

The National Transformation Fund (NTF) was established in 2013 in order to assist the goverment of Grenada in financing government projects designed to develop and promote economic growth on the island. 

National Transformation Fund (NFT)
Single person male

Main Applicant

US $150,000

Couple

Main Applicant & Spouse

US $200,000

Family of 4

Family of 4 Members

US $200,000

Family of 4

Additional Qualifying Dependent after 4 Family Members

US $25,000 each

Applicant Fee

Main Applicant

US $1,500

Each Additional Dependent

US $1,500

Under 16: no fee

Due Diligence Fee

Main Applicant

US $5,000

Each Additional Dependent

Over 17: US $5,000

Under 16: no fee

Processing Fee

Main Applicant

US $1,500

Each Additional Dependent

Over 18: US $5,000

Under 18: $500 

Additional Fees

Interview Fee

Over 17: US $1,000 each

Under 17: $0

Eligibility of Dependents:

  • Child aged under eighteen years old of the main applicant or spouse.
  • Children between the ages of 18-30 who are fully supported by the main applicant.
  • A child of the main applicant or spouse who is physically or mentally challenged. The child should be fully supported by the main applicant.
  • Parents or grandparents of the main applicant or spouse above the age of 55 living with and fully supported by the main applicant.
  • A parent of any age who is physically or mentally challenged and is fully supported by the applicant.
  • An unmarried sister or brother of the applicant who is below 18 years of age and has received the consent of their parent or guardian to make an application for citizenship by investment.
Option 2: Real Estate Project
Option 2: Real Estate Project

An applicant will qualify for Grenada citizenship through an investment in Government approved real estate projects. The applicant must invest at least $220,000 and keep the real estate for atleast 5 years following the grant of the citizenship.

Real Estate
Family of 4

Applicant applying with any number of Dependents

US $220,000

Applicant Fee

Main Applicant

US $1,500

Each Additional Dependent

US $1,500

Under 16: no fee

Due Diligence Fee

Main Applicant

US $5,000

Each Additional Dependent

US $5,000

Under 16: no fee

Processing Fee

Main Applicant

US $1,500

Each Additional Dependent

Over 18: US $5,000

Under 18: $500 

Government Fee

Main Applicant

US $1,500

Dependents

US $50,000 each (Family of 4)

US $25,000 each (Each additional applicant after family of 4)

Sibling

US $75,000

Additional Fees

Interview Fee

Over 17: US $1,000 each

Under 17: $0

Eligibility of Dependents:

  • Child aged under eighteen years old of the main applicant or spouse.
  • Children between the ages of 18-30 who are fully supported by the main applicant.
  • A child of the main applicant or spouse who is physically or mentally challenged. The child should be fully supported by the main applicant.
  • Parents or grandparents of the main applicant or spouse above the age of 55 living with and fully supported by the main applicant.
  • A parent of any age who is physically or mentally challenged and is fully supported by the applicant.
  • An unmarried sister or brother of the applicant who is below 18 years of age and has received the consent of their parent or guardian to make an application for citizenship by investment.

Timeline and Process

Initial Contact

The team will conduct an initial due diligence check on each applicant to assess their suitability for the chosen programme. A passport copy and utility bill will be required from each applicant.

1
Client Boarding Process
A contract between AIM Capital Partners and the client will be signed.
2
Document Checklist

Applicants will be required to provide the requested documentation and complete all application forms . A document checklist will be shared with the main applicant.

3
Application submitted to the Citizenship Unit

AIM Capital Partners will submit your application to the Citizenship Unit once all documentation is in order. The main applicant must pay the required fees at the submission stage. A fee breakdown will be provided in the contract during Stage 1. Within 1-2 weeks, AIM Capital Partners will receive a submission acknowledgement letter from the citizenship unit.

4
Due Diligence Process

The government and several due diligence agencies will conduct comprehensive due diligence on each applicant. This process will take approximately 3-4 months

5
Approval or Rejection

The citizenship unit will issue an approval letter providing the applicants pass the due diligence checks.

6
Approval in Principle

The citizenship unit will issue the citizenship certificates upon receipt of the investment funds. The passport office will thereafter issue the passports of the applicants.

7

Request a Callback from the Team

If you have any questions or are ready to start your journey 2nd citizenship journey,
Contact AIM Capital Partners and we will be happy to help.

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