| Property value | $220,000 | $220,000 |
| Government fee | $50,000 | $50,000 |
| Application fee | $1,500 | $3,000 |
| Due diligence fee | $5,000 | $10,000 |
| Processing fee | $1,500 | $3,000 |
Contents
How much does a Grenada passport cost?
Investment Options
Grenadian Citizenship can be obtained either through a government donation, starting from $150,000, or by investing in government approved real estate on the island from $220,000. The property must be kept for at least 5 years following the granting of citizenship.
How do I get a Grenada passport?
In order to obtain Grenada citizenship, applicants need to fulfill several requirements:
- Be over 18 years old.
- Have an outstanding character.
- Have good health.
- Hold no criminal record.
- Pass a detailed background check.
- Provide proof of source of funds. Funds must be legal.
Is Grenada citizenship good?
If you want improved personal economic opportunity, and you want it swiftly, Grenada’s second citizenship program is an excellent choice. The Grenada citizenship program has established itself as a major draw for wealthy investors. It has been set up as a vehicle for driving economic growth on the Caribbean island.
How much is a Caribbean passport?
Costs for the investor and family of four
| Cost item | Investor |
|---|---|
| State fee: contribution, purchase of real estate or government bonds | 0 $ or 30 000 $ or 0 $ |
| Due diligence | 7500 $ |
| Application processing fee | 2000 $ |
| Passport fee | 500 $ |
How long does it take to get a Grenada passport?
Processing your application should take from 3 to 6 months. 4. Who can apply for citizenship? To apply for the citizenship program in Grenada, you must be at least 18 years of age, be of a good character with no criminal record, and have good health.
Does Grenada allow dual citizenship?
There are no restrictions on dual citizenship in Grenada.
Is Grenada passport powerful?
According to La Vida’s Passport Report, Grenadian Passport is ranked 35 out of 109 countries when it comes to the most powerful passports in the world and combined with a Nigerian passport provides visa-free access to 163 countries, or 58.7% of the world’s GDP.
What is the cheapest citizenship by investment?
The cheapest citizenship-by-investment program, such as Dominica’s are currently at 100,000 USD and whereas others such as Cyprus and Malta start at seven figures.
How do I get dual citizenship in Grenada?
The requirements to get a Grenada second passport are quite simple, you need to have a contract with an IMA, have the necessary net worth to invest in Grenada, not have a visa refusal from a country Grenada’s passport offers visa-free travel to, and have a clean criminal background.
Who owns Grenada Island?
Grenada is governed as a constitutional monarchy, with the British monarch represented by a governor-general as the nominal head of state. Executive authority is vested in a prime minister, who is the head of the majority party in the elected House of Representatives, the lower house of the two-chamber legislature.
Can Grenada citizens work in USA?
Grenada citizens can work in the US with an approved and valid visa that allows investors to work or run a business in the United States. There are 81 countries including Grenada that have a bilateral treaty with USA for the E-2 investor visa. This gives citizens access to live and work in the US.
Can Grenada citizens live in the US?
Grenada is the only citizenship by investment country in the Caribbean region with an E-2 Treaty with the USA. Grenada citizens can be granted E-2 Treaty Investor Visa for up to five years, allowing you, your spouse, and children under 21 years old to live in the USA.
What is the cheapest passport to buy?
The top five countries that currently offer the cheapest second passport are:
- Saint Lucia;
- Dominica;
- Grenada;
- St. Kitts and Nevis;
- Antigua and Barbuda.
Which country gives free citizenship?
The easiest places in the world to get citizenship or residency, from Thailand to St. Lucia
| Country | Visa-free destinations | Minimum capital requirement ($) |
|---|---|---|
| Antigua and Barbuda | 140 | 100,000 |
| Grenada | 131 | 150,000 |
| St. Kitts and Nevis | 141 | 150,000 |
| St. Lucia | 132 | 100,000 |
What are the 3 most powerful countries in the Caribbean?
These are the strongest and most powerful passports from the Caribbean Caricom countries in terms of visa free access to countries. Barbados takes the first sport for passport power in the Caribbean.
CBI.
| Rank | Passport | Visa free |
|---|---|---|
| 1 | St Kitts and Nevis | 142 |
| 2 | Antigua and Barbuda | 140 |
| 3 | Grenada | 136 |
| 4 | Saint Lucia | 135 |
Is Grenada expensive?
The cost of living in Grenada is affordable and relatively cheaper than in most of the other Caribbean islands. The cost of groceries, restaurants, education and real estate is especially advantageous compared to the UK or the USA.
Is Grenada a poor country?
Grenada, an island country in the Caribbean Sea, is known for its beautiful tourist attractions and flourishing spice trade. Unfortunately, poverty in Grenada affects almost one-third of its 107,000 residents. The World Bank estimates that 32% of Grenada’s residents live below the poverty line.
How expensive is it to live in Grenada?
Summary of cost of living in Grenada
| Food | |
|---|---|
| Monthly rent for a 45 m2 (480 sqft) furnished studio in expensive area | EC$2,484 |
| Monthly rent for a 45 m2 (480 sqft) furnished studio in normal area | EC$1,500 |
| Utilities 1 month (heating, electricity, gas) for 1 person in 45 m2 (480 sqft) studio | EC$300 |
| Internet 8 mbps (1 month) | EC$100 |
What country does Grenada belong to?
West Indies
listen) grə-NAY-də; Grenadian Creole French: Gwinàd) is an island country in the West Indies in the Caribbean Sea at the southern end of the Grenadines island chain.
Grenada.
| Grenada Gwinàd (Grenadian Creole French) | |
|---|---|
| Capital and largest city | St. George’s 12°03′N 61°45′W |
| Official languages | English |
How long can a US citizen stay in Grenada?
A Grenada visa is not required for citizens of United States for a stay up to 90 days. You will need a passport valid for 6 months past then entry date.
