Grenada
Grenada, often referred to as the ‘Isle of Spice,’ stands as an exquisite gem within the Caribbean. Unspoiled and brimming with exotic allure, it captivates its visitors with its rugged, untamed mountain peaks, concealed enclaves, fragrant spice plantations, and thriving emerald rainforests. Its shores are nothing short of idyllic, boasting pristine white or golden sands, swaying palm trees, and the delicate scent of the island’s indigenous spices wafting through the air. Moreover, Grenada’s citizenship offers a remarkable benefit in the form of visa-free travel to 131 countries, including coveted destinations like the United Kingdom, the Schengen area, and China. Notably, it holds a unique position as one of only three Caribbean nations with access to the USA E-2 treaty, granting opportunities for investor visas and residency in the United States.
Grenada Citizenship Benefits
- Visa-free travel to 131 countries
- No tax on global income
- Allow Dual citizenships
- No tax on wealth & inheritance
- No capital gains tax
Capital city
Port Vila
Currency
East Caribbean dollar (EC$)
Population
113,300 approx.
Prominent Visa free countries
Uk, China, Schengen Area, Brazil Colombia, Hong Kong, Indonesia, Kenya, Malaysia, Panama, Russia, Singapore.
Official language
English
Nearest country
Venezuela and Trinidad and Tobago to the south, and St. Vincent and the Grenadines to the north.
Total area
334 square km
Prominent Visa free countries
Uk, Schengen Area, Hong Kong, Indonesia, Kenya, Malaysia, Panama, Russia, Singapore.
Citizenship By Investment
Real Estate Investment- One of the options available to applicants seeking to obtain citizenship by investment in Grenada is to invest in a Government-approved project. Currently, these projects encompass real estate developments such as hotels, villas, and resorts. Because of the growth of the tourism industry, there is rising demand for tourist housing facilities. There are fees and taxes to pay in addition. Applicants must be of outstanding character, in good health, of high net worth and with no criminal record. There is no requirement to visit for an interview for the Grenada citizenship program and in fact there is no need to travel to the country to complete the application.
Donation- Citizenship by donation is available in Grenada from $150,000 for single applicants and $200,000 for families of up to four persons. A non-refundable contribution is payable to Grenada’s National Transformation Fund. In addition to the donation one has to pay government fee. The amount depends on the size of the eligible family members included in the application.