GRENADA

Citizenship by Investment Program

WHY GRENADA?

Thanks to Grenada's pilot implementation, many approved investors and family members can apply for citizenship and benefit from visa-free travel. This Citizenship by Investment Program was implemented in 2013 in accordance with the provisions of the Grenada Citizenship by Investment Act. In return for fulfilling a few rules that applicants must comply with, this program provides many benefits. As one of the newest and most different programs, the advantages of Grenada's Citizenship by Investment Program are listed below.

• Your dependent children under 25 years old are included in the transactions,
• This includes transactions for your parents aged 65 and over whom you are responsible for looking after.
• There is no requirement to actually reside in the country,
• You are not required to be in Grenada during the application process,
• No education or management experience required,
• You can travel to over 120 countries without a visa, including the European Schengen Area, UK and China,
• The "E-2 Visitor Visa" Agreement signed between Grenada and the USA allows Grenada citizens to reside in the USA,
• You do not pay taxes on income earned in other countries.

REQUIREMENTS

To become a citizen of Grenada, applicants must fulfill one of the investment requirements outlined in the "Investment Options" section, in addition to the criteria specified below.

• Must have a distinguished character,
• Must have no criminal record,
• Must be in excellent health,
• Must have high income,

INVESTMENT OPTIONS

Grenada Citizenship by Investment Program investment options are specified below.

1. Donation

A donation of $270,000 is being made to the National Transformation Fund (NTF). For each additional person in the applicant's family of four, $25,000 must be paid.

2. Real Estate

The required investment amount for the applicant and a maximum family of four (main applicant, spouse and two approved dependents) requires at least $350,000 extra investment.

ADDITIONAL FEES

Detailed examination fees, government official fees and application fees, passport and allegiance oath fees, local escrow account fees, VAT and bank charges will be added.