Phone: +971 50 547 7397 ; (04) 385 3288
Email: info@gemsimmigrationservices.com
The Commonwealth of Grenada is a sovereign state having seven islands in the South-eastern Caribbean. With a population of around 113,000 and an area of 348.5 sq. km. situated off the north coast of Venezuela, lying outside the hurricane belt, it is one of the most beautiful countries with tropical forests, lush, amazing sandy beaches, and stunning waterfalls.
Initial pre-screening
File preparation
File submission
Government due Diligence
Government Approval
Government fee payment
Investment payment
Passport & certificate issuance
Grenada Citizenship by Investment Program requires an applicant to make a significant financial investment into the country in return for citizenship for the applicant and his/her family. The mission of the Citizenship by Investment program is to strengthen the economic growth of the country through foreign investments. To qualify for citizenship, the main applicant must be over 18 years of age, meet the due diligence requirements and select one of the following two options:
Applicants may donate a minimum of USD $150,000 (non-refundable donation) to Grenada’s National Transformation Fund. The minimum amount covers the main applicant only. For a family of up-to four people, the requirement is set at USD $200,000. An extra donation of USD $25,000 is required for each additional dependent.
Applicants could also choose to purchase real estate USD $220,000 minimum purchase of an approved business or property from a government approved real estate project. This property must be retained for a minimum of three years. There is an additional flat government fee of USD $50,000 for the main applicant and up to three dependents. Any further additional dependants will be USD $25,000.
Applicants will need to pay additional due diligence fee, government & passport application fee depending onthe program chosen:
StowRich advisory fee is non-refundable and is payable in outright or two equal installments. Above fees are subject to change, depending on number of applicants or complexity of process. Please contact StowRich Immigration for more information.
The Citizenship-by-Investment Unit (CIU) is the government authority responsible for processing and examining all applications and will perform strict due diligence checks. An applicant will be denied citizenship if, he/she has been denied a visa to acountry that has a visa-free travel arrangement with Grenada, is identified as a potential national security risk, a reputational risk or is subject to a criminal investigation. Government will approve citizenship within four to six months of an application submission, assuming the application has no areas of concern.
A detailed checklist will be provided to you and you will be guided through the document collection stage as well. Experienced citizenship advisers will be going to collect and check thoroughly all the submitted documents for compliance to ensure all requirements are met.
Once all your original documents are collected and sent to us, the citizenship specialist will review your file and will prepare it for submission. The complete file will be submitted to the government of Common Wealth of Dominica via an authorized local agent as required by law.
Each application is vetted by the government through a thorough Due Diligence background check, during which time submitted information is examined and verified properly. Currently, at this stage, there is no requirement to show your physical appearance for an interview inside the country.
Once the application is reviewed by the government and the decision is made, the approval will be issued by a letter advising of the decision. This letter will be forwarded to you.
Once your application has been approved, you will be required to transfer the final amount under your chosen option (Non-Refundable Contribution or purchase price of the property) to Common Wealth of Dominica.
Upon completion of the investment, your citizenship certificate of naturalization will be issued. Your passport application submitted on your behalf will be completed once you receive the passport. There will be no visit required after getting the passport. Your passport will be handed over to you by us along with your certificate of naturalization.
