Grenada

At the time of writing, the Grenada Citizenship by Investment Programme is open and administered by the Investment Migration Agency Grenada (IMA Grenada).

Investment Migration Agency Grenada (IMA Grenada)

minimum US$235,000 for the main applicant and up to three dependants (excluding dependants under paragraphs (f) and (g) of the Act’s definition of “dependant”). Each additional such dependant: US$25,000. Each dependant under paragraph (f) (parent or grandparent aged 55 or under, fully supported): US$50,000. Each dependant under paragraph (g) (qualifying sibling): US$75,000. IMA site charts also state US$235,000 for a single applicant, main applicant plus spouse, or family of four.

minimum US$350,000 under section 11 generally; or, for a share in a Tourism Accommodation priority-sector unit purchased by two or more individuals in a unit valued at least US$540,000, where at least 20% of the proposed construction cost has been invested as equity in the Approved Project before the application is submitted, minimum US$270,000 per share. Government contribution: US$50,000 for the main applicant and up to three dependants (excluding paragraphs (f) and (g)); US$25,000 for each additional such dependant; US$50,000 for each paragraph (f) dependant; US$75,000 for each paragraph (g) dependant. Property acquired under the approved-project citizenship route must generally be held for five years from the grant of citizenship before disposal for a subsequent CBI purchase of the same real estate.

Applications may not be submitted directly to Grenada’s Citizenship by Investment Committee (CBIC). Applicants contact an Authorised International Marketing Agent, who liaises with an Authorised Local Agent; applicants may not contact Authorised Local Agents directly. The Authorised Local Agent submits the application and acts as liaison with the CBIC. All contact with the Investment Migration Agency Grenada must be through an Authorised Local Agent.