If you are seeking to increase your global mobility and worldwide opportunities, getting a second passport is a great option. The Grenada passport gives you the chance to get a second home in one of the best Caribbean islands, along with visa-free access to more than 140 countries and visa opportunities to the US. This article highlights everything you need to know about the Grenada passport.
Grenada passport rank
Offering fantastic global mobility, the Grenada passport ranks 38 according to the Passport Index. This Caribbean passport allows visa-free travel to over 140 countries such as China, the EU, the UK, and Russia. It is also the only Caribbean passport offering the opportunity to apply for the E2 visa in the US – allowing you to have a business and reside in the US.
Grenada passport application
Launched in 2013, the Grenada Citizenship by Investment Program gives qualifying individuals and their families the opportunity to get the Grenada passport in exchange for an investment in the country’s economy that amounts to at least $150,000.
There are two routes you can take to acquire Grenada citizenship:
Investment in the National Transformation Fund (NTF): The NTF has been established to boost Grenada’s economy. The main applicant has to make a contribution of at least $150,000 to obtain a passport or donate $200,000 for a family of four.
Investment in pre-approved real estate: Two options are available for a real estate investment. The applicant can either purchase a pre-approved property at a minimum value of $350,000. Or the investor can make a joint investment at a minimum value of $220,000 per person. Both investments need to be held for five years if the buyer wants to become an economic citizen of Grenada
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.
Do I need to stay in Grenada?
There are no requirements to stay in Grenada during the application process, or after having received Grenada citizenship.
How to get a Grenada passport by investment?
The passport by investment process is simple. You will need to follow these steps:
- Choose an authorized marketing agent to process your application
- Complete all application forms
- The government assesses your application and conducts background checks
- Grenada’s citizenship by Investment Committee (CBIC) approves your application within 60-90 days of applying
- Decide on your investment route and invest
- Become a Grenada citizen
Is it worth owning a Grenada passport?
If you are looking to increase your opportunities, it is absolutely worth it to own a passport from Grenada.
Not only will you be able to permanently reside – along with your family – in one of the best islands in the Caribbean, but the passport also allows for fantastic opportunities from worldwide global mobility with visa-free access to more than 140 countries, to the ability to work and reside in the US thanks to the E2 visa, and great tax exemptions. Furthermore, there are no capital gains, inheritance tax, income tax or wealth tax on worldwide income or assets in Grenada.
With an option to fast forward your passport application and generally an easy application process, it is straightforward to get a second citizenship which can be passed along generations.
Talk to a specialist
Interested in getting a second passport? Talk to one of our professional team members at Global Citizen Solutions. As a boutique investor immigration firm, we have a 100% success rate in citizenship by investment applications.
We offer a service tailored to your specific needs and requirements. Our team of experts will work diligently from start to finish, ensuring a successful application.
Professionalism and integrity are at the core of all we do.
Frequently Asked Questions about the Grenada passport
How can I get the Grenada passport?
You can get a passport from Grenada by applying to the Citizenship by Investment Program. Providing that you make an investment of at least $150,000 into the country’s economy, you can obtain Grenada citizenship.
What is Grenada citizenship route?
There are two Grenada citizenship routes: make an investment in the National Transformation Fund or in pre-approved real estate.
What are the Grenada citizenship benefits?
There are multiple Grenada citizenship benefits. You can permanently reside with your family in Grenada, benefit from tax exemptions, travel to more than 140 countries visa-free – such as the EU countries, China, Russia, and the UK – and apply to the US E2 visa allowing you to own a business and reside in the US.
How much does the Grenada passport cost?
You can get Grenada citizenship if you make an investment of at least $150,000 into the country’s economy.
What is the Grenada passport ranking?
The Grenada passport ranks 38 according to the Passport Index.
How does Grenada citizenship purchase work?
With respect to Grenada citizenship purchase, contrary to popular belief, you can’t just purchase citizenship. However, you may be eligible to apply for Grenada’s citizenship by investment program, which provides a pathway to citizenship provided that you make a qualifying investment in the nation and meet the program criteria.