─── GRENADA ───
PROGRAM OVERVIEW
GRENADA CITIZENSHIP LAW
Grenadian citizenship laws generally include naturalization, birthright citizenship, and citizenship by descent. Foreigners can apply for citizenship through investment, residency, or by marrying a Grenadian citizen.
Additionally, Grenada offers a citizenship-by-investment program, allowing investors to obtain citizenship through various investment options, such as real estate or donations to the National Transformation Fund.
PROGRAM BENIFIT
GRENADA VISA FREE COUNTRIES
The passport of Grenada allows Visa-free access to 145 countries including Schengen Zone, China, UK, Singapore and Hong Kong
INVESTMENT TYPE & COST
OTHER COSTS
In addition to the mandatory investment, there are additional expenses associated with the Grenadian citizenship program, such as professional fees, document certifications, courier charges, and other minor disbursements. For a comprehensive breakdown of all costs tailored to your specific situation, please contact us, and we will provide you with a detailed quotation.
INVESTMENT SECURITY
The Grenadian Citizenship by Investment program has attracted attention from affluent investors globally. The security of investment funds is guaranteed, with payment being due only upon the government’s approval of the citizenship application. Our firm has a track record of successfully guiding numerous families through the application process, granting them access to this highly sought-after citizenship.
APPLICATION PROCESS AND TIMELINE
EMBARK ON YOUR JOURNEY: INITIAL CONSULTATION WITH I VISA SERVICES (1.MONTH)
– Applicant Engagement: I VISA SERVICES conducts as initial consultation with the applicant to assess their eligibility and discuss the investment options available under Grenada’s Citizenship by Investment Program (CIP).
– Documentation Gathering: The applicant begins gathering necessary documents such as passports, birth certificates, financial records, etc.
DECIDING YOUR PATH: INVESTMENT OPTIONS EXPLORATION (2.MONTH)
– Investment Decision: The applicant selects the preferred investment option, which could be either a contribution to the National Transformation Fund (NTF) or an investment in approved real estate.
– Pre-Application Preparation: I VISA SERVICES assists the applicant in preparing the required application forms, compiling supporting documents, and completing any necessary due diligence checks.
TAKING THE LEAP: SUBMISSION OF YOUR APPLICATION (3.MONTH)
– Application Submission: The applicant submits their completed application along with all required documents to the Grenada Citizenship by Investment Unit (CIU) through I VISA SERVICES.
– Due Diligence Process: The CIU conducts thorough due diligence checks on the applicant and their family members.
PATIENCE AND PROGRESS: REVIEWING YOUR APPLICATION (4.MONTH)
– Application Review: The CIU reviews the application and due diligence reports to ensure compliance with the program’s requirements.
– Additional Information: If necessary, the CIU may request additional information of clarification from the applicant through I VISA SERVICES.
– Approval: Upon successful review, the applicant receives approval in principle from the CIU.
CELEBRATING SUCCESS: RECEIVING YOUR GRENADIAN CITIZENSHIP (5.MONTH)
– Investment Fulfillment: If the applicant opted for the real estate investment route, they finalize their investment during this stage.
– Citizenship Certificate Issuance: Once the investment is confirmed, the applicant, through I VISA SERVICES, completes the necessary formalities and receives their Grenadian citizenship certificate and passport.
ELIGIBILITY REQUIREMENTS
REQUIRED DOCUMENTS
The documents listed below serve as general guidelines. Once we review your case, we will provide you with a personalized document list tailored to your situation. I VISA SERVICES assigns a specialist document officer to prepare the necessary application documents and government forms.
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PROOF OF IDENTITY AND RESIDENTIAL ADDRESS
- Certified copies of all passports held.
- Certified copies of identity documents/books or cards.
- Proof of residential address.
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BASIC PERSONAL INFORMATION
- Personal Information (Form 1).
- Fingerprints (Form 2).
- Passport Application Form.
- Oath of Allegiance Form.
- Twelve passport-size photos.
- Certified copies of university/college diplomas.
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LEGAL AND MEDICAL REQUIREMENTS
- Particulars for the Office of home affairs (Form 3).
- Medical (Form 4).
- Original HIV test results (for applicants aged 12 or older).
- An original excerpt of the complete birth record or certified copy of the full birth certificate with MOFA attestation.
- Police Records from the country of birth, citizenship, and residence (if different) for applicants aged 17 or older.
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ADDITIONAL FORMS AND DOCUMENTS REQUIRED ONLY FROM THE MAIN APPLICANT
Investment and Project Documents:
- Approved project sales document (real estate option only).
- Investment Confirmation (Form 6).
- Proof of Source of Funds.
Financial and Employment Information:
- Employment status, wealth, and business affiliates (Form 5).
- One original bank reference letter from an internationally recognised bank, not older than 6 months.
- Original 12 months bank statements.
- One original professional reference, not older than 6 months.
- One original Employment letter.
Personal and Legal Documents:
- Detailed business background reports/resume/CV.
- Original excerpt of marriage record or certified copy of marriage certificates with MOFA attestation (if applicable).
- Certified copy of divorce documents with MOFA attestation (if applicable).
FAQ
Frequently Asked Questions
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What is Citizenship by Investment in Grenada?
Grenada Citizenship by Investment is a program that allows foreign investors to earn Grenada citizenship by investing in the country’s economy.
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What are the advantages of citizenship in Grenada under the Citizenship by Investment program?
Some advantages of Grenada Citizenship by Investment include visa-free or visa-on-arrival travel to over 140 countries, the opportunity to reside and work in Grenada, and membership in the Caribbean Community (CARICOM) and Commonwealth of Nations.
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What types of investments qualify for Grenada Citizenship?
The Grenada Citizenship program currently offers two investment options: a donation to the National Transformation Fund or a real estate investment in an approved project.
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How much must I invest to qualify for Grenada Citizenship?
The minimal investment for Grenada Citizenship varies based on the investment option selected. A minimum commitment of USD 150,000 is required for a donation to the National Transformation Fund, while a minimum investment of USD 220,000 is needed for real estate.
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How long does the Grenada Citizenship by Investment process take?
The procedure typically takes 3-4 months from when the application is submitted to when the applicant receives citizenship.
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Is Grenada Citizenship by Investment a permanent citizenship?
Grenada’s Citizenship by Investment is permanent and can be passed down to future generations.
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Can I include my family members in my application for Grenada Citizenship?
Yes, family members such as a spouse, children under the age of 30, and dependent parents over the age of 55 can be included in a Grenada Citizenship by Investment application.
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Are there any limitations on Grenada citizens having dual citizenship?
No, dual citizenship is permitted in Grenada, and there are no restrictions on holding Grenada citizenship in addition to citizenship in another nation.
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Can I enter the US with a Grenada passport obtained through the Citizenship by Investment program?
No, Grenada citizens who get citizenship through the Citizenship by Investment program are not eligible for the E-2 visa program, which permits visa-free travel to the United States for business purposes. However, Grenada citizens may still apply for a visa to the United States with their passports.