Grenada Citizenship By Investment

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GRENADA Citizenship Program
www.citizenshipbay.com
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WHY CITIZENSHIP BAY?
KEY BENEFITS
Citizenship Bay is a leading citizenship
consultancy firm specializing in
investment-based citizenship and residency for
clients all over the world.
Citizenship Bay has years of experience
assisting wealthy individuals and their families
in their quests for citizenship and residency.

• A multilingual team of consultants
• An impeccable track record of success
• Moneyback guarantee
• (If your application is denied, you pay us
  nothing)
• Free consultation, pre-screening, and assessment
• Unmatched confidentiality standards
• A customer-centric approach
• Experience working with clients of all
  backgrounds and nationalities

Our clients place their trust in us because we
understand them.
Our citizenship and residency programs are
globally accredited and highly reputable.
We have a deep understanding of their needs,
their values, and what a second citizenship
means to them.
Most importantly, our clients choose to work
with us due to our complete transparency.
Based in Dubai and with a number of partner
offices across the globe,
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GRENADA
AT A GLANCE
Nestled in the southeastern corner of the
Caribbean Sea is the paradise island of Grenada.
Area 344 KM2 Capital City St. Georges
Population 110,000 People Official Language
English Currency Eastern Caribbean Dollar
(XCD) Key Economy Sectors Tourism
Agriculture Government Type Parliamentary
democracy under constitutional monarchy
Often referred to as the Isle of Spice due to
its production of a wide range of spices,
Grenada is one of the most magnificent islands in
the West Indies. It is draped in unspoiled, raw
beauty. Grenadas political system is a
parliamentary representative democracy with
Queen Elizabeth II as its head of state. It is
also a member country in the Commonwealth of
Nations and the Caribbean Community (CARICOM).
Like the rest of the Caribbean, tourism has
become a major industry in recent years. Tourism
is especially strong in Grenada, thanks to its
international airport with frequent flights to
and from the US, UK, and Canada. Grenada
spent 114 years as a French colony then 211 years
as a British one until it gained its
independence from the United Kingdom in 1974. As
a result, Grenadian culture today is
characterized by a unique mixture of British,
French, African, and West Indian influences.
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CITIZENSHIP PROGRAM
KEY BENEFITS

• Visa-Free travel to 143 countries, including
  Europe and China
• Citizens of Grenada can apply for USA E-2
  investors visa which gives the visa holder the
  right to live and invest in USA
• Most citizenship applications are approved
  within 60 days
• No residency requirement or interview to acquire
  citizenship
• Citizenship is granted for life and is
  irrevocable
• No tax obligation for non-residents
• Dual citizenship is allowed in Grenada
• Unmarried siblings, parents, and grandparents
  can
• be included in the same application

The Citizenship by Investment Program in Grenada
was established in 2013 in accordance with Act
No. 15 of 2013, known as the Grenada
Citizenship by Investment Act.
The act constitutes that qualified persons can
acquire Grenadian citizenship by registration
following a financial investment in
Grenada. Investment criteria were set as part of
this Citizenship by Investment Act.
Citizenship is granted to qualified applicants
within 3 to 4 months with no residency
requirements which makes it one of the fastest
citizenship programs in the world. Once the
applicant is granted citizenship, s/he becomes a
citizen for life.
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TRAVEL THE GLOBE
With a passport from Grenada, you can travel
visa-free to any of these countries
Iceland India Indonesia Iran Ireland Israel
Italy Jamaica Jordan Kenya Kiribati Laos
Latvia Lesotho Liechtenstein Lithuania
Luxembourg Madagascar Malawi Malaysia
Maldives Malta Mauritania Mauritius
Micronesia Monaco Montenegro Mozambique Nepal
Netherlands Nicaragua Norway Palau Panama
Peru Philippines Poland Portugal
Romania Saint Kitts and Nevis Saint Lucia Saint
Vincent and the Grenadines Samoa San Marino
Senegal Seychelles
Singapore Sint Maarten Slovakia
Slovenia Solomon Islands Somalia South Korea
Spain Sri Lanka Suriname Swaziland Sweden
Switzerland Tanzania Timor-Leste Togo
Trinidad and Tobago Turkey Turks Caicos
Tuvalu Uganda United Kingdom Uruguay
Vanuatu Vatican City Venezuela Zambia Zimbabwe
Andorra Antigua and Barbuda Argentina Armenia
Austria Bahamas Bahrain Bangladesh Barbados
Belgium Belize Bolivia Botswana Brazil
Bulgaria Cambodia Cape Verde Chile China
Colombia Comoros Costa Rica Croatia
Cuba Cyprus Czech Republic Denmark Djibouti
Dominica Dominican Republic Ecuador Egypt
Estonia Fiji Finland France Gabon Gambia
Georgia Germany Greece Guinea-Bissau
Guyana Haiti Hong Kong Hungary
List above includes countries with visa on
arrival or online visa requirements
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INVESTMENT OPTIONS

• Option One
• National Transformation Fund (NTF)
  Non-Refundable
• Single Applicant a non-refundable contribution
  of USD 150,000 is required.
• Main Applicant and Spouse USD 200,000.
• Applicant with up to 3 dependents (Applicant
  plus spouse and two children) USD 200,000.
• Applicant with more than 3 dependents
  (Applicant plus spouse and more than two
  children) USD 200,000 plus USD 25,000 for each
  additional dependent.

• Option Two
• Purchase of Government-Approved Real Estate
• To qualify for citizenship of Grenada under the
  Real Estate Option of the Citizenship by
  Investment Program, an applicant must purchase
  authorized real estate to the minimum value of
  USD 350,000 OR USD 220,000 in luxury
  accommodation shares, which may be resold after
  5 years.
• Additionally, the applicant must pay the
  following government fees (Non-Refundable)
• USD 50,000 for the Main Applicant.
• USD 50,000 for the Applicant Spouse.
• USD 50,000 for Applicant with up to 3
  dependents (Applicant plus spouse and two
  children).
• USD 50,000 for Applicant with more than 3
  dependents (Applicant plus spouse and more than
  two children) plus USD 25,000 for each
  additional dependent after the third dependent.

Note Prices above are exclusive of application
fees, due diligence fees, and professional fees.
Please contact us for an accurate
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STEPS TIMELINE
MONTH ONE
Step 1 Prequalification of the primary
applicant Step 2 Citizenship Bay and the client
enter into a service agreement
Advice and assistance are provided to the
client with the preparation of documents and
government forms
Step 3
The applicants file will be complete at this
stage and due diligence fees and government
application fees will be due.
Step 4
The applicant is then required to transfer the
applicable investment amount for the selected
option into an approved escrow account in Grenada
Step 5
Citizenship Bay will submit a complete
application to the government of Grenada on
behalf of the applicant
Step 6
MONTH TWO - THREE
After the government assesses the applicants
file and due diligence is completed, an approval
letter will be issued
Step 7
Government issues the naturalization certificate/s
Step 8 Step 9
Passport applications are submitted, and
passports will be issued within 1 week
MONTH FOUR
Passports and naturalization certificates are
delivered to the client. Balance of fees will be
due
Step 10
This timeline is an estimate based on our
experiences with past clients. Actual timeline
may vary on a case by case basis.
Note
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your gateway to freedom
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Emaar Business Park, Sheikh Zayed Road Building
4, Office 404 Dubai, UAE. P.O Box 393827 971 4
430 8028 info_at_citizenshipbay.com
www.citizenshipbay.com
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