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Citizenship of Grenada

  • Holding a Grenada passport will allow you to travel visa-free to 137 countries, including EU countries, Russia, the UK, Ireland, the Caribbean, and most Commonwealth countries, as well as China
  • Grenada does not impose a tax on income, wealth, or inheritance
  • To receive a Grenada passport, you do not need to personally visit Grenada. Nonetheless, all claimants are subject to a comprehensive verification process
  • Grenada offers the most convenient program for large families
  • It offers the possibility of receiving a category E2 visa for the United States
  • It is one of 5 countries in the world whose citizens can travel visa-free to China
  • The time it takes for applications to be considered is 3 months

TWO WAYS OF RECEIVING CITIZENSHIP

MAKING A CONTRIBUTION
TO THE STATE

  • Official authority:
    National Transformation Fund (NTF)
  • Investor:
    150,000 $
  • Investor + spouse:
    200,000 $
  • Investor + spouse + 2 children:
    200,000 $
  • Additional dependents:
    25,000 $ - for each additional dependent after the first three

INVESTING
IN REAL ESTATE

  • Minimum investment:
    200,000 $
  • Required period of real estate ownership:
    5 years
  • Government fees
    Investor: 50,000 $
    Spouse: 0 $
    Dependents: 25,000 $ for each dependent
    after the first three

COMPARISON OF FINANCIAL INDICATORS:

contribution against long term investment in real estate with 3 possible real estate resale values: 15% gain, 15% loss and 50% loss

MAKING A CONTRIBUTION
TO THE STATE

COMPARISON OF FINANCIAL INDICATORS

INVESTING
IN REAL ESTATE

COMPARISON OF FINANCIAL INDICATORS

INITIAL INVESTMENTS

CONTRIBUTION REAL ESTATE
Real estate / Contribution
$150,000
$350,000
Application processing
$3,000
$53,000
Comprehensive check
$5,000
$5,000
Additional expenses
$25,250
$25,250
Real cost of the country’s passport
$183,250
$433,250

COSTS WHEN SELLING

VALUE OF REAL ESTATE 115% 85% 50%
Initial investments
$433,250
$433,250
$433,250
Value when selling
$402,500
$297,500
$175,000
Results of investment
$30,750
$135,750
$258,250
Show comparison

TWO WAYS OF RECEIVING CITIZENSHIP

MAKING A CONTRIBUTION
TO THE STATE

  • Advantages
    • Simple transaction
  • Drawbacks
    • Contribution is non-refundable

INVESTING
IN REAL ESTATE

  • Advantages
    • Tangible assets
    • Return on investment in the form of dividends
    • Return on investment in the form of resale
    • Physical connection to the country
  • Drawbacks
    • Greater initial costs

GRENADA

A brief guide

Capital:
St. George’s
Area:
344 sq.km.
Population:
112 000
GDP:
US $825 million
Language:
English
Year of independence from Great Britain:
1979
Main islands:
Grenada, Carriacou, Petit Martinique

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