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 pursuant to the Grenada Citizenship by Investment Act, 2013.

Grenada's Citizenship by Investment law has been amended four times since then, most recently on April 1, 2019.

Notable new amendments include:

1. The real estate investment was reduced to $220,000 per share from $350,000, 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 no longer need to be enrolled in a higher education institution
4. Parents or grandparents over 55 no longer need to be fully supported.
5. Secondary purchasers of CBI real estate units in approved real estate projects can acquire citizenship.

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

The Grenadian passport is the only Caribbean passport that offers visa-free entry to China, the United Kingdom, and the EU's Schengen Area.

Donation to the Grenada National Transformation Fund

• A non-refundable grant of $150,000 to the Grenada National Transformation Fund for a single applicant.
• US$200,000 for a family of up to four members. An additional US$25,000 contribution 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 Grenada government, to be maintained for a minimum of 3 years.

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

• US$25,000 for the lead applicant.
• US$35,000 for a family of up to 4 people (including the main applicant).
• US$50,000 for a family of up to 6 people (including the main applicant).
• US$70,000 for a family of 7 or more people (including the principal 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 his/her dependents do not suffer from any contagious diseases and/or serious health problems.
• Clean criminal record
• Not be the subject of a criminal investigation.
• Not to be considered a potential risk to national security.
• Not be involved in any activity that may 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
• Criminal Record Certificate and Pending Charges
• Eight passport-sized 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 source of funds
• Curriculum vitae
• Proof of business background
• Real estate sales contract
• 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 to the Schengen area, the UK, Singapore and Hong Kong and allows you to reside for 180 days in the UK.