The Grenada Citizenship by Investment Program was launched in 2013 under the regulations of the Grenada Citizenship by Investment Act. making it possible to obtain Grenadian citizenship by investment in only 60 business days. Grenada is one of the very few nations whose citizens do not require a visa to travel to the People’s Republic of China. Furthermore, Grenadian citizens can apply for USA E-2 Visa, which allows them to apply for a Green Card, start a business and live in the United States, making the Grenadian citizenship an extremely attractive choice. Applicants and their dependents are not required to live in Grenada to obtain citizenship, meaning you can apply for and receive secondary passports without having to relocate the entire family or renounce your original nationality.
One of the options available to applicants of the citizenship by investment program in Grenada, is to invest in a Government-approved project.
Currently, these projects include real estate developments such as hotels, villas, and resorts. Due to the high growth of the tourism industry, there is an ever increasing demand for tourist housing facilities. Real estate developments are thus excellent opportunities for investors looking for high returns, and a strong exit strategy.
Applicants opting for the approved project (real estate) route must invest at least USD$ 220,000. They must keep the real estate for at least three years following the grant of citizenship.
We have identified the follow two resorts as offering the best returns and exit strategies for our clients:
Contribution to Dominica’s Economic Diversification Fund (EDF)
*Plus government processing fees and due diligence fees
Purchase of Government-Approved Real Estate
To qualify for citizenship of Dominica under the Real Estate Option of the Citizenship by Investment Program, an applicant must purchase authorized real estate to the minimum value of USD 200,000, which may be resold after 5 years.
*Plus government processing fees and due diligence fees
Client chooses either investment or donation option. Client signs the No Borders Founder contract, and pays initial retainer.
No Borders Founder assists the client to gather all required documentation, and to complete the various Government application forms for submission to the CIU.
Second payment is made, and file is submitted.
Contribution to National Transformation Fund (NTF):
*Plus government processing fees and due diligence fees
US $220,000 (minimum) Investment in pre-approved real estate projects.
The property can be sold in approximately 3 years.
*Plus government processing fees and due diligence fees
Issuance of Approval letter by the CIU (Citizenship-by-Investment Unit), third payment is required immediately.
Naturalization certificate is issued
* Visa on arrival
USD 200,000
3 Months
145+ Countries
Investor, Spouse, dependents up to age 30 and parents of main applicant
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