Grenada Citizenship By Investment

Known as the Spice Island of the Caribbean, because Grenada’s nature is a wealth of treasure and resource. Aside from the Caribbean climate and idyllic surroundings, combined with the quality of life and impressive investment opportunities for foreign investors, island living in Grenada is unmatched.

For the Grenada citizenship by investment program, applicants must invest at least $235,000 in cash via the ESG-focused National Transformation Fund investment channel or a minimum cash investment of $270,000 using the real estate channel.

As well as visa-free travel to many countries, Grenada’s citizens can access the USA’s E-2 Investor Visa. There is no physical residency requirement to gain citizenship through investment, which means you’ll also retain freedom and flexibility. The country enjoys a secure government, stable currency, low crime rates, developing a more crypto-forward economy, and enjoys great flight connections with the United States.

The Grenadian passport is a powerful passport, enabling you to travel in a visa-free fashion to over two-thirds of global destinations. The list includes countries on all continents, such as Bermuda, China, Costa Rica, Macau, Monaco, Panama, South Korea, the United Kingdom, and much of Europe.

Yes, Grenada allows individuals to hold dual citizenship without any restrictions, meaning you won’t have to renounce your original passport. In fact, the acquisition of Grenadian citizenship does not have to be reported to most governments, including: the US, Canada, Australia, and the UK – preserving the privacy of entrepreneurs, investors, and families.

Grenada is among the well known Caribbean tax havens offering a zero tax environment. There are no tax liabilities on foreign income, inheritance, capital gains, or wealth. For non-residents, earnings generated in the country are taxed at a fixed rate of 15%.

You are not required to visit the country during the application as all documents and interviews can be done completely remotely. Moreover, you do not have to take a language test or relocate after acquiring citizenship. You must only meet and maintain the program requirements. Interesting to note: Grenada’s passports need to be renewed every five years.

Astons is a fully licensed agency operating in many countries, including Grenada. As per the Grenada Citizenship by Investment Act, 2013, all applications for the Grenada CIP must be handled by an authorized international licensed agent, like Astons, on behalf of the applicant.