Package 12: Grenada Citizenship by investment

Step 1 – Initial Preparation

🔹 Client Profile Assessment
Verify that the applicant has:

• A valid passport
• A clean financial history
• No criminal record
• Legal income and available funds (minimum US$300,000+)

🔹 Selection of Approved Property
Choose a project from Grenada’s official government-approved list.
Investment options:

• USD $220,000 in a share
• or USD $350,000+ in a full property

🔹 Contact an Authorized Agent (CBI Agent)
Mandatory: The process cannot be done directly.
The agent guides the entire application and submits it to the government.

Step 2 – Process Initiation

🔹 Signing the Reservation Agreement
An initial deposit is paid to reserve the selected property (usually between $10,000 and $50,000).
A Letter of Intent or Purchase Agreement is signed.

🔹 Document Collection
The agent and their attorney prepare the full application file. Required documents:

Document                                                                                                Translation to English Required

Applicant and family passports                                                         ✅ Yes

Birth certificate                                                                                         ✅ Yes

Marriage certificate (if applicable)                                                   ✅ Yes

Police clearance certificate                                                                 ✅ Yes

Proof of funds (bank statements)                                                    ✅ Yes

Medical certificate + HIV test                                                             ✅ Yes

Photographs                                                                                             ❌ No

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🔹 Initial Fee Payments

• Due diligence: USD $5,000–7,500 per adult
• Legal fees: USD $3,000–10,000
• Application fee: approx. USD $1,500 per person

Step 3 – Submission to Government

🔹 Application Submission
The authorized agent submits the file to the CBIU (Citizenship by Investment Unit).
International background checks are conducted.

🔹 Waiting for the Official Decision
Estimated time: 90 to 150 days.
If needed, the government may request additional documents.

Step 4 – Approval and Completion

🔹 Receiving the Approval (Letter of Approval)
If approved, the client must pay:

• The full investment amount (USD $220,000 or more)
• The government fee (USD $50,000 for a family of up to 4 people)

Payment is made to an escrow account supervised by the agent and the government.

🔹 Issuance of the Certificate of Naturalization
Official document confirming citizenship.
From that moment, the person is a citizen of Grenada.

🔹 Grenadian Passport Application and Delivery
The passport can be sent to the country of residence via secure courier or collected in person.

Step 5 – After Obtaining Citizenship

🔹 Property Maintenance
The investor must keep the property for at least 5 years.
After that, they can sell it without losing citizenship.

🔹 Activated Benefits
Grenadian passport offers visa-free access to over 140 countries, including:

• European Union
• United Kingdom
• China
• Russia

Also includes:

• Eligibility for U.S. E-2 visa (business investment)
• No global taxation if not residing in Grenada