How to get Grenada Golden Visa: a Comprehensive Guide

Golden Visa program is a program that allows a wealthy individual to obtain Grenada citizenship by investment.

How does the program work? You must make substantial financial contributions directly to government-approved real estate projects or donations towards national development funds like the National Transformation Fund (NTF). Successful applicants gain a passport and economic stability in Grenada.

Why choose Grenada? Grenada is a beautiful country with friendly locals and a favorable tax environment. Unlike many similar programs worldwide, there’s no need for you or your family members to reside in or even visit Grenada during the application process — making it all more convenient.

Grenada not only has beautiful nature but a pleasant climate as well. The air temperature in the country doesn’t fluctuate drastically throughout the year. On average, it is always around 26 °C

Grenada offers two investment options for acquiring citizenship, each with its requirements and benefits.

Donating to the National Transformation Fund (NTF). Make a non-refundable contribution starting from $150,000 to the NTF. It is a government initiative to boost the country’s economy through infrastructure development and tourism promotion.

Investors also pay Due Diligence and other fees.

Investing in government-approved real estate. Invest $220,000+ in designated real estate projects that include luxury hotels, villas and resorts. Maintain the investment for at least four years before selling it off. Under this option, you can get a financial return.

Both options stimulate growth and create jobs in sectors such as construction and hospitality. In exchange, investors gain global mobility and contribute positively to enhancing local communities' livelihoods.

Getting the Grenada Golden Visa is not hard, but you must be smart about it. Work with an authorized local agent to make sure you get everything right. They’ll help you with the paperwork and submit it to the Citizenship by Investment Committee.

The basic package of documents includes:

• a completed government form with your details;

• certified copies of your passport or other ID;

• no criminal record certificate;

• bank statements;

• medical certificates confirming you’re healthy.

After you’ve gathered all the required documents, you can file an application.

If you’re applying for Grenada citizenship by investment, you must fulfill several requirements:

• be over 18;

• have no criminal record or prosecution;

• have good health;

• be capable of confirming the legality of their income.

Investing in the Grenada Golden Visa program isn’t just about you. Your family can also benefit from this opportunity to secure secondary citizenship without visiting the island.

You can include your spouse, dependent children under 30, financially dependent parents over 55, and even siblings in your application. Each member must pass thorough background checks similar to those conducted on the main applicant.

The Grenada Golden Visa program not only provides an opportunity to obtain Grenada citizenship but also comes with a myriad of benefits.

Tax advantages. Grenada offers its citizens attractive tax environments, especially those with dual citizenship. You are exempt from foreign income, wealth, gift, inheritance and capital gains tax. It can be particularly beneficial if your home country has high taxation rates.

Visa-free travel. A Grenadian passport opens the world to its holders by offering visa-free travel or visa-on-arrival access to over 140 countries worldwide, including the UK, the USA, Canada, China and the Schengen Area.

Safe haven. Having multiple passports allows one to move to another place with no restrictions. It is important in case of any instabilities in your country of origin.

Social services access. You can access the government’s social services, like healthcare and education facilities, just like any other citizen would.

Economic opportunities. With your new status as a single applicant turned citizen through the Grenada Golden visa program, you’ll find it easier to do business across borders due to fewer trade barriers associated with being part of economic communities like CARICOM.

In addition, the real estate investment option presents growth opportunities. You could choose to invest in luxurious resorts on petite martinique or other prime locations within the island, thereby growing personal wealth while contributing to the local economy’s development.

Voting rights. You can vote in local elections and help shape the country’s future.

Not everyone can be a part of the Grenada Golden Visa program, and there are some reasons.

Domestic and international risks that may lead to disqualification. If you’re involved in criminal activities, terrorism, or anything harmful to Grenada, you are not eligible. The Citizenship by Investment Committee will conduct a thorough background check to ensure you meet Grenada’s ethical standards.

Consequences of providing false information during application. Inaccurate information will lead to immediate disqualification and legal consequences. It includes fraudulent documentation about your investment source or amount.

Other factors like health status and financial stability could also affect your eligibility. It’s best to consult with an authorized local agent before applying.

Invest $220,000+ in Grenada’s real estate or donate $150,000+ to the National Transformation Fund to secure secondary citizenships for you and your family and enjoy the tax advantages and power of a Grenadian passport.

Besides tax advantages, the Grenada passport also provides visa-free travel to 140+ countries, access to social services, an opportunity for business expansion and much more.