Passport and Citizenship in Grenada
Citizenship by Investment | Get Second Passport in Grenada
Grenada is a tri-island state comprised of Mainland Grenada, and its dependencies Carriacou and Petite Martinique.
The economy is agriculture based, however, tourism is the leading foreign exchange earner. Nevertheless, fisheries, textile and light manufacturing contribute quite significantly to foreign exchange earnings.
The government is implementing structural reforms to spur economic growth and keep public debt under control without reducing its social programs. This island was recently removed from the OECD´s grey list of tax havens, as a result of financial sector reforms. Grenada is considered an upper medium income country with a high human development.
As a CARIFORUM member, further implementation of the Economic Partnership Agreement between this regional group and the EU is a key trade issue for Grenada. Also, to finalise negotiations for a Free Trade Agreement (FTA) with Canada to replace the Caricom- Canada Trade and Economic Co-operation Agreement.
Based on the ITC 2014-2018 Strategic Approach to the Caribbean Region, ITC will focus on implementing at regional level the recommendations of strategies recently developed by CARICOM for the cultural industries and professional services sectors.
Main Benefits of Obtaining Citizenship in Grenada through the Citizenship-by-Investment Program
- Children and dependents up to age 25 can be included
- Investment of $350,000 in real estate
- Dependent parents over age 65 can be included
- Visa free travel to over 100 countries ( now including EU Schengen zone)
- E-2 USA visa treaty allows citizens with substantial business to reside in USA
- No tax on worldwide income
- Fast processing in around 4 months
- No country restrictions
Hold no criminal record.
Applicant must have high net worth
Have proof of funds, and show that the funds were acquired legally
Be at least 18 years of age
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