Initial Contact
The team will conduct an initial due diligence check on each applicant to assess their suitability for the chosen programme. A passport copy and utility bill will be required from each applicant.
About
Grenada is a Caribbean island located northeast of Venezuela and southwest of Saint Vincent and the Grenadines. Known as the spice island, it produces the largest percentage of the world’s supply of nutmeg and is home to the world’s first underwater garden.
The Grenada citizenship by investment programme was created in 2013 to stimulate economic growth and create employment opportunities. The programme offers visa-free travel to 146 countries, including the Schengen area, the United Kingdom, Singapore, Hong Kong, and China. An investor may qualify for citizenship by donation or real estate investment.
Benefits of 2nd Citizenship
No Residency Requirements
No Language Requirements
Dual Citizenship is Recognised
Limited Taxation; no wealth, gift, foreign income or capital gains tax
Ability to apply for the USA E2 visa
No Residency Requirements
No Language Requirements
Dual Citizenship is Recognised
Ability to apply for the USA E2 visa
Limited Taxation; no wealth, gift, foreign income or capital gains tax
General Requirements
The main applicant must:
- Be over the age of 18
- Have no criminal record or be under investigation for a criminal offence
- Be able to make full investment amount on approval
- Not have been rejected from a visa from a country that has a visa free agreement with Grenada. All visa rejections must be disclosed.
- Must not be found to be involved in any activity which may cause disrepute to Grenada.
- Should be healthy and not be diagnosed with a contagious disease.
- Full disclosure must be made on the application forms.
Any incorrect information or false documentation provided will lead to a rejection.
Investment and Donation Options
Option 1: National Transformation Fund
Option 1: National Transformation Fund
The National Transformation Fund (NTF) was established in 2013 in order to assist the goverment of Grenada in financing government projects designed to develop and promote economic growth on the island.
National Transformation Fund (NFT)
Main Applicant
US $235,000
Main Applicant & Spouse
US $235,000
Family of 4 Members
US $235,000
Additional Qualifying Dependent after 4 Family Members
US $25,000 each
Applicant Fee
Main Applicant
US $1,500
Each Additional Dependent
US $1,500
Under 16: no fee
Due Diligence Fee
Main Applicant
US $5,000
Each Additional Dependent
Over 17: US $5,000
Under 16: no fee
Processing Fee
Main Applicant
US $1,500
Each Additional Dependent
Over 18: US $5,000
Under 18: $500
Additional Fees
Interview Fee
Over 17: US $1,000 each
Under 17: $0
Eligibility of Dependents:
- Child aged under eighteen years old of the main applicant or spouse.
- Children between the ages of 18-30 who are fully supported by the main applicant.
- A child of the main applicant or spouse who is physically or mentally challenged. The child should be fully supported by the main applicant.
- Parents or grandparents of the main applicant or spouse above the age of 55 living with and fully supported by the main applicant.
- A parent of any age who is physically or mentally challenged and is fully supported by the applicant.
- An unmarried sister or brother of the applicant who is below 18 years of age and has received the consent of their parent or guardian to make an application for citizenship by investment.
Option 2: Real Estate Project
Option 2: Real Estate Project
An applicant will qualify for Grenada citizenship through an investment in Government approved real estate projects. The applicant must invest at least $270,000 and keep the real estate for at least 5 years following the grant of the citizenship.
Real Estate
Applicant applying with any number of Dependents
US $270,000
Applicant Fee
Main Applicant
US $1,500
Each Additional Dependent
US $1,500
Under 16: no fee
Due Diligence Fee
Main Applicant
US $5,000
Each Additional Dependent
US $5,000
Under 16: no fee
Processing Fee
Main Applicant
US $1,500
Each Additional Dependent
Over 18: US $5,000
Under 18: $500
Government Fee
Main Applicant
US $50,000
Dependents
US $50,000 (Family of 4)
US $25,000 each (Each additional applicant after family of 4)
Sibling
US $75,000
Additional Fees
Interview Fee
Over 17: US $1,000 each
Under 17: $0
Eligibility of Dependents:
- Child aged under eighteen years old of the main applicant or spouse.
- Children between the ages of 18-30 who are fully supported by the main applicant.
- A child of the main applicant or spouse who is physically or mentally challenged. The child should be fully supported by the main applicant.
- Parents or grandparents of the main applicant or spouse above the age of 55 living with and fully supported by the main applicant.
- A parent of any age who is physically or mentally challenged and is fully supported by the applicant.
- An unmarried sister or brother of the applicant who is below 18 years of age and has received the consent of their parent or guardian to make an application for citizenship by investment.
Timeline and Process
1
Client Boarding Process
A contract between AIM Capital Partners and the client will be signed.
2
Document Checklist
Applicants will be required to provide the requested documentation and complete all application forms . A document checklist will be shared with the main applicant.
3
Application submitted to the Citizenship Unit
AIM Capital Partners will submit your application to the Citizenship Unit once all the documentation is in order. The main applicant must pay the required fees at the submission stage. A fee breakdown will be provided in the contract during Stage 1. Within 1-2 weeks, AIM Capital Partners will receive a submission acknowledgement letter from the citizenship unit.
4
Due Diligence Process
The government and several due diligence agencies will conduct a comprehensive due diligence on each applicant.
5
Approval or Rejection
The citizenship unit will issue an approval letter providing the applicants pass the due diligence checks.
6
Approval in Principle
The citizenship unit will issue the citizenship certificates upon receipt of the investment funds. The passport office will thereafter issue the passports of the applicants.
7
Request a Callback from the Team
If you have any questions or are ready to start your journey 2nd citizenship journey,
Contact AIM Capital Partners and we will be happy to help.