Grenada

The Grenada Citizenship by Investment Program was launched in August 2013 when the Grenadian parliament passed the Citizenship by Investment Act, 2013. Henley & Partners was formally mandated in 2016 by the Government of Grenada to revitalize, enhance, and relaunch the program globally.
 

Citizenship by Investment Overview

The Grenada Citizenship by Investment Program requires applicants to make a significant economic contribution to the country.

Investment

Minimum contribution of USD 235,000

Key benefit

Freedom of travel to Grenada, China, Russia, Singapore, the UK, and Europe’s Schengen Area, among others
 

Grenada Citizenship by Investment

The Grenada Citizenship by Investment Program requires applicants to either make a significant economic contribution to the country or to acquire a government-approved qualifying asset. In exchange, and subject to a stringent vetting and due diligence process, including thorough background checks, the applicants and their families will be granted citizenship.

Benefits of the Grenada Citizenship by Investment Program

  • Visa-free or visa-on-arrival access to over 140 destinations, including China, Hong Kong, Singapore, the UK, and Europe’s Schengen Area
  • The only Caribbean citizenship by investment program that holds an E-2 Investor Visa Treaty with the USA, allowing citizens to be eligible to apply for a non-immigrant visa after being domiciled in Grenada for a continuous period of three years
  • Citizenship transferable to new spouses and future generations
  • The ability to include a spouse, children under 30, unmarried siblings aged 18 and over, parents, and grandparents of the main applicant and spouse
  • No restrictions on dual citizenship in Grenada
  • No minimum stay require

Requirements of Grenadian citizenship by investment

To qualify for citizenship under the current regulations, applicants may choose from the following two options:

  • A non-refundable contribution to the Economic Development Fund of USD 200,000 for a single applicant, or USD 250,000 for a main applicant and up to three qualifying dependents. USD 25,000 is required for each additional qualifying dependent under 18 years old, and USD 40,000 for each additional qualifying dependent over 18 years old
  • A real estate purchase with a minimum value of USD 200,000, which can be sold after three years on the open market and after five years to a new citizenship by investment investor
  1. Procedure for the Dominica Citizenship by Investment Program

To qualify for citizenship, the primary applicant must be over 18 years of age, meet the application requirements, and satisfy one of the two primary qualifying options:

  1. National Transformation Fund donation option: A minimum non-refundable contribution to the NTF of USD 235,000 for a single applicant or for a family of up to four members
  2. Real estate option: A purchase of at least USD 270,000 from a government-approved real estate project, along with an additional minimum non-refundable contribution of USD 50,000, applies for a single applicant or a family of up to four members. The real estate must be held for five years if it is resold as a qualifying investment to another citizenship by investment investor. Alternatively, it can be sold at any point after purchase

Procedure for the Grenada Citizenship by Investment Program

The application process for Grenadian citizenship is efficient and uncomplicated, and the applicant is not required to visit Grenada to complete the process.

The Grenadian citizenship by investment application pack will be delivered to you by Henley & Partners. It will include all the relevant documentation, accompanied by detailed instructions. Once everything is returned to us, we will double-check the application for completeness and accuracy to minimize the possibility of rejection.

Applicants are not required to pick up their passports in person. Henley & Partners will coordinate the collection process and send the passport(s) to the client.

Under the real estate option, the time frame may vary depending upon the project. Therefore, it is important to select a real estate project that is able to provide the necessary paperwork from the developer. Henley & Partners will guide you in this regard.

Grenada Citizenship by Investment Program frequently asked questions

The Grenada Citizenship by Investment Program offers citizenship to individuals and their families through significant economic contributions. 

    Investment options include contributions to the National Transformation Fund and real estate investments

            Benefits include visa-free travel to over 140 countries, the right to live, work, and study in Grenada, and access to a tropical climate and beautiful beac

            The minimum investment starts at USD 235,000 for a contribution to the National Transformation Fund. This includes the main applicant and up to four family members

                Processing times for citizenship by investment applications may vary. Please contact us to find out mor

                Yes, the main applicant can include their spouse and dependent children as well as dependent parents and siblings in their application

                   There are no mandatory residence requirements, but applicants are encouraged to visit Grenad

                        Required documents include a valid passport, proof of investment, health insurance, a clean criminal record, and other supporting documents

                        Applicants must choose a qualifying investment, submit the application with the necessary documents, and undergo a due diligence process

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The Portugal Golden Residence Permit Program

The Portugal Golden Residence Permit Program (commonly known as the Portugal Golden Visa Program) is a five-year residence by investment program for non-EU nationals. The residence permit gives the right to live, work, and study in Portugal and allows free circulation in Europe’s Schengen Area. Furthermore, the program only requires an average of seven days per year stay in Portugal over this period. 

Benefits of a Portuguese golden visa

Applicants can choose any one option in any one of the following categories:

Capital transfer

One of the following options:

  1. EUR 500,000 for the acquisition of investment fund or venture capital fund units committed to the capitalization of companies incorporated under the Portuguese law, with a maturity of at least five years and with at least 60% of the investment portfolio in companies with a registered office in the national territory (real estate entities do not apply)
  2. EUR 500,000 for research activities of public or private entities that are part of the national scientific and technological system
    • EUR 400,000 in a low population density area*
  3. EUR 250,000 in support of artistic production or in the recovery or maintenance of national cultural heritage
    • EUR 200,000 in a low population density area*

Business

One of the following options:

  1. Creation of a minimum of ten new jobs
    • Eight new jobs in a low population density area*
  2. EUR 500,000 for the incorporation of a commercial company that is registered and headquartered in Portugal, creating a minimum of five permanent jobs for a period of three years (or for the increase of the share capital of a company already incorporated and headquartered in Portugal, creating at least five permanent jobs or maintaining at least ten jobs for three years)

A low population density area is defined as less than 100 inhabitants per km² or with a GDP per capita below 75% of the national average.

Procedures for the Portugal golden visa

Applicants are introduced to the Portugal team to commence the process, either remotely or in person. This includes preparing legal documents, obtaining a taxpayer number, selecting a qualifying investment option, and opening a bank account. Once the investment is finalized and personal documents are collected, the application is submitted online and accepted by the government authority.The client and family then visit Portugal to provide biometric data and original documents at the immigration office.Upon application approval and payment of the residence card(s), a two-year residence permit is issued, renewable for one subsequent period of three years. The client can thereafter either extend the temporary permit again, apply for permanent residence, or apply for citizenship.

Portugal residence by investment program frequently asked questions

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