Immigration to Grenada

Popularly known as “The Spice Island”, because of the myriad locally grown spices, Grenada offers one of the most picturesque waterfronts in all of the Caribbean. The sublime scenery is but one of the many enticements to visit the three beautiful main islands. Diving, sailing, excellent restaurants, fabulous beaches, and a calendar of unforgettable festivities add to the many reasons why Grenada has become preferred destination to many high net worth investors.

WHY CHOOSE GRENADA?

Officially the newest of its kind in the world, the grenada citizenship by investment Program provides the following prime benefits:

Fast processing within 4 months;
Inclusion of dependent children under 25 years;
Inclusion of dependent parents above 65;
No physical residency requirements;
No requirements to travel to Grenada during the application process;
No interview, education or management experience required;
Visa-free travel to over 100 countries including Europe’s Schengen zone

INVESTMENT OPTIONS

REAL ESTATE

With its economy shifting from agricultural-dominant to service-dominant, one of the most viable options for foreign nationals is the investment in a pre-approved real estate project.

MOUNT CINNAMON

The development is situated on a lush hillside on almost two miles of the white-sand Grand Anse Beach, which is recognized by some as one of the most beautiful beaches in the world. The resort-hotel, looking towards the historic capital St. George’s, sets the tone for an irresistibly elegant yet intimate, relaxed beach hideaway.

The investment must be minimum US$ 350,000 and must be owned and maintained for a minimum period of 4 years. An extra US$ 25,000 will be required for every additional dependent.

QUALIFICATIONS

The newest Economic Citizenship Program, Grenada’s Pilot scheme will allow qualified investors and their family members to apply for citizenship and benefit from facilitation of visa-free travel. The Grenada Citizenship by Investment Program was launched in 2013 under the regulations of the Grenada Citizenship by Investment Act.

In recent years, tourism has become the leading sector for foreign direct investments in Grenada. Another service sector on the rise is the offshore financial industry, which – together with strong performances in construction and manufacturing, have also contributed to growth in national output.