Real Estate Investment 

The real estate investment programme allows approved applicants to invest in CBI supported real estate developments.  

To qualify, the investor (or investors) must enter into a contract to buy property worth US$350,000 or more. Once the purchase contract has been signed and the full investment amount has been transferred to an escrow account, the investor may apply for citizenship.

Once citizenship has been accepted, the investor receives the passport, citizenship certificate, and shares certificate. The only stipulation is that the property may not be sold within four years, or citizenship can be revoked.

 

Process of obtaining citizenship of Grenada through real estate investment

1.     Enter into investment agreement with the approved real estate developer.

2.    Transfer full investment and associated fees to escrow account controlled by an on-island attorney.

3.    Submit application and required documents (birth, marriage, military certificates, etc).

4.    Receive government approval followed by the issue of CBI naturalization certificate.

5.    Passport application is submitted and the passport distributed.

 

Investment amount
Family of 4 with 2 children under 12

Real estate purchase                       US$350,000

Government fee for family of 4      US$50,000

Due diligence investor                    US$5,000

Due diligence spouse                      US$5,000

Application for family                     US$6,000 (US$1,500 per person)

Local Agent fee investor                  US$10,000

Local Agent fee spouse                    US$1,000

Local Agent fee children                  US$2,000 (US$1,000 per child)

Processing investor                          US$1,500

Processing spouse                            US$1,500

Processing children under 12          US$1,000 (US$500 per child)

Passport fee                                     US$1,000 (US$ 250 per person)

Total investment                             US$434,000*

* Professional fees for citizenship processing are payable for all applications and will vary depending on the number of dependents and application complexity.

The granting of citizenship is at the sole discretion of the government. There is no guarantee that the applicant will be approved.