Details of the countries where you travel ¨Visa Free¨:

• SHENGHEN AREA
• UK
• SOUTH KOREA
• SINGAPORE
• HONG KONG
• THE WHOLE CARIBBEAN INCLUDING CUBA
• MALASYA
• INDONESIA
• PHILIPPINES
• BRAZIL
• CHINA

Total countries where you can travel without a passport: 148

Grenada's Citizenship by Investment program was launched in August 2013 and came into effect following the Grenada Citizenship by Investment Act, 2013. In this page we explain you how to get a Grenada Citizenship via Investment program.

The Citizenship by Investment Law in Grenada has been amended four times since then, most recently on 1 April 2019.

Notable new amendments include:

1. The investment property was reduced to $220,000 per share from $350,000 by jointly or co-investing in a $440,000 unit.
2. Removal of permanent residency as a prerequisite for citizenship.
3. Dependent children between the ages of 18 and 30 must no longer be enrolled in a higher education institution
4. Parents or grandparents over 55 no longer need to be fully supported.
5. Secondary buyers of CBI real estate units in approved real estate projects can acquire citizenship.

Under this program, individuals and their dependents, by making a donation or investing in real estate, can become citizens of Grenada.

The Grenada passport is the only Caribbean passport that offers visa-free entry to China, the UK and the EU Schengen area.

Donation to the Grenada National Transformation Fund

• $150,000 non-refundable grant to the National Transformation Fund of Grenada for a single applicant.
• US$200,000 for a family of up to 4 members. An additional fee of US$25,000 is required for each additional dependent.

Investment in an approved real estate project

• Minimum investment of USD 200,000 in a real estate project approved by the Government of Grenada, to be held for a minimum of 3 years.

If the Real Estate option is chosen, the following government taxes will apply:

• US$25,000 for the primary applicant.
• US$35,000 for a family of up to 4 (including the primary applicant).
• US$50,000 for a family of up to 6 (including the main applicant).
• US$70,000 for a family of 7 or more (including the primary applicant).

Requirements

• The main applicant must be at least 18 years old.
• The principal applicant must demonstrate that he has sufficient funds to make the required investment and demonstrate the legal source of those funds.
• The main applicant and dependents do not suffer from any contagious disease and/or serious health problems.
• Clear criminal record
• Not be the subject of a criminal investigation.
• Not to be considered a potential national security risk.
• Not engage in any activity that would bring Grenada into disrepute

Requested documents

• Original professional reference letter (no older than 6 months)
• Financial statement
• Original bank reference letter (not older than 6 months)
• Two personal references
• Certificate of criminal records and pending charges
• Eight passport size photos
• Original or certified copy of marriage certificate (if applicable)
• Original or certified copy of birth certificate (if applicable)
• Official transcripts of written confirmation from a recognized educational center (dependants over 18)
• Proof of payment of non-refundable processing and due diligence fees
• Declaration of origin of the funds
• Curriculum vitae
• Proof of business background
• Real estate purchase agreement
• Medical certificate
• Certified copy of passport
• Certified copy of the identity card
• Professional and academic certificates (if applicable)
• Photograph and certificate of signature

Travel to Europe is visa-free, the Grenada Passport allows visa-free travel in the Schengen area, UK, Singapore and Hong Kong and allows you to reside for 180 days in the UK.