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Grenada Citizenship by Investment (CBI) Comparison between Real Estate Acquisitions and Donations
The official word on Grenada’s Citizenship by Investment Programme is its promise of beauty where you can build your home and have the opportunity to invest and reap comfort and leisure for you and your family. But most of all, with the Grenada CBI, you can have the world at your feet as you sail in the skies with your exclusive passport on journeys across the oceans. Grenada is a haven for leading a life of luxury, opportunity and adventure made possible by the country’s open policy towards exciting investment opportunities and brand-new visas, and citizenships.
Route 1: How to Become A Real Estate Grenadian Citizen
One of the main options for people to obtain Grenadian citizenships through investment is by finding opportunity in real estate developed by the Government of Grenada. These real estate properties are blooming as hotels, villas, and resorts due to the thriving tourism industry in Grenada. Our partners in real estate have a great offer that can be seen on this article.
The real estate route enables a person to gain citizenship of Grenada
- By investing an amount of USD 220,000 in a government approved property. This is the base rate given by the government to be eligible for Grenadian citizenship.
- By owning the acquired property for 5 years after claiming citizenship of Grenada.
Below is a snapshot of real estate rates applicable for Grenadian citizenship.
REAL ESTATE OPTION |
Single Applicant |
Main Applicant + Spouse |
Family of four family members |
Family over four family members |
Required Contribution Amount |
USD 220,000 or 350,000 |
USD 220,000 or 350,000 |
USD 220,000 or 350,000 |
USD 220,000 or 350,000 |
Government Fee |
USD 50,000 |
USD 50,000 |
USD 50,000 |
USD 50,000 and USD 25,000 per additional dependant after
the third dependant |
Application Fee |
USD 1,500 |
USD 1,500 per person |
USD 1,500 per person |
USD 1,500 per person |
Due Diligence Fee |
USD 5,000 |
USD 5,000 per person |
* Dependent child
0 – 16 nil * Dependent
child 17 – 25
USD 5,000 |
|
Processing Fee |
USD 1,500 |
USD 1,500 per person |
USD 1,500 per person aged 18 and over, USD 500 for
persons under 18 |
USD 1,500 per person aged 18 and over, USD 500 for persons
under 18 |
Route 2: Donating for Grenada
The second option for people looking to make Grenada their home is to invest in a non-refundable government donation. By doing so, they can obtain citizenship of Grenada for all members of their families. This includes brothers and sisters, old parents and children. A single applicant can make a donation of USD 150,000 or USD 200,000 for an entire family to the Grenada National Transformation Fund (NFT) to be eligible for citizenship.
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