Grenada

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Grenada

Grenada is one of the smallest independent countries in the Western Hemisphere and a full and participating member of both the Caribbean Community (CARICOM) and the Organisation of Eastern Caribbean States (OECS). Grenada’s main source of income is tourism. Grenada is also known as the “Island of Spice” being one of the world’s largest exporters of nutmeg and mace.  Cinnamon, cloves, ginger, allspice, orange/citrus peels, and wild coffee are also important exports.

Advantages

  • Grenada is a member of the United Nations and the Commonwealth of Nations;
  • Grenada passport holders can currently travel to over 110 countries, including the UK, South Korea, HK and Singapore;
  • Beautiful nature and desirable weather, a perfect place for travel and living;
  • Dual citizenship is permitted;
  • Grenada is home to the best US offshore University, St. George’s University.

Citizenship by Investments

Grenada’s Citizenship by Investment Program (CIP) has been re-established by the Citizenship by Investment Act, No. 15 of 2013, passed by the Grenadian parliament. The Citizenship by Investment Act allows investor applicants to qualify for expedited naturalisation as Grenadian citizens in two ways: Investment of a minimum of US$ 220,000 in an Approved Real Estate Project and A non-refundable donation to the Island Transformation Fund.

  • Citizenship is extended to spouse, dependent children (under 30), the applicant and spouse’s single and non-child siblings over the age of 18, the dependent parents and grandparents of the applicant and spouse ( No age limit);
  • The application process is quicker;
  • No income, wealth or inheritance taxes;
  • No requirement to visit Grenada.