GRENADA REAL ESTATE INVESTMENT

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The Grenada citizenship by investment law requires making a real estate investment in a Government approved project.
At the moment there are 17 projects approved by the Government.

Minimum Investment
USD220,000
Project to be pre-approved by the Government
Yes
Years Property to be held
4 years depending on property value
Estimate Property Purchase costs
5% to 10% depending on type of investment

Overview for citizenship under the real estate option:

  • Applicants opting for the approved project (real estate) route must invest at least USD 350,000.
  • A person to whom Citizenship by Investment is granted by virtue of an investment into an approved project shall not dispose of the investment until the expiration of 5 years from the grant of his or her Citizenship.
  • Where the investment into an approved project for the purposes of Citizenship by Investment is purchase of real estate and the vendor was granted Citizenship by virtue of purchase of the same real estate, the purchaser makes the investment after the expiration of five (5) years.

GOVERNMENT FEES

Single applicant up to family of 3
USD50,000
Any additional dependent after the third dependent
USD25,000

ADDITIONAL BENEFIT

One of the additional benefits of the Grenada program is that citizens can apply for an E-2 investor visa and reside in the USA.