Grenada is an island in the Caribbean which is also known as the Spice Island of Caribbean due to its abundant production of spices like nutmeg, cinnamon and cloves. Aside from that, the economy is also fueled by its tourism industry thanks to their lush rainforests, volcanic mountains, waterfalls and some of the most pristine beaches in the Caribbean. The culture is a blend of African, British, French, Carib and East India, hence the rich culture and culinary delights. The locals are friendly. Lifestyle in Grenada is typically laid back and safe.
The nature and people combined with a stable and business friendly government have attracted high net worth individuals from all over the world to participate in its citizenship by investment program. What set Grenada’s CIP program apart from the rest of the Caribbean nations are:
- Grenada CIP is the only program that offers visa free access to both Russia and Canada
- Lowest cost amongst all 3 CBI programs that offers access to the US with E-2 investor visa
RESIDENCE PERMIT
AT A GLANCE
Investment from
USD 150,000
Processing time
4- 5 months
Physical Presence
None
Time to Citizenship
4- 5 Months
Residence Tax
0%
Visa Free Destination for Citizen
143 countries
Benefits
- Grenada citizens qualify for US E-2 visa which allows them to invest and live and work in the US with an investment amount as low as USD 100,000. The visa itself will be valid for 5 years and is renewable as long as the investment is maintained.
- Grenada citizens could get B1 / B2 visa to the US for 10 years through a more simplified process
- Visa free or on arrival visa to 143 countries including Schengen countries, China and Russia
- As part of Commonwealth nation, Antigua and Barbuda citizens could travel visa free to the UK and stay up to 180 days there
- Return of investment after 5 years, citizenship status will not be affected.
- More family members could be included: spouse, children, parent and siblings could apply under one investment
- Dual citizenship allowed
- English as official language.
- Business friendly: low tax and lower cost of living, great opportunity to invest in its robust tourism industry.
