An opportunity to legally live and have access to an advanced education and healthcare system, to enjoy visa-free traveling as well as to pursue successfully your professional and business goals.
The Cyprus Permanent Residence programme is an excellent choice for those who seek to live in a diverse culture, a safe and stable setting and a reputable European business hub.
The investment concerns an acquisition of a unit in an Approved Project Investment by two or more individuals and valued at a total minimum of US$440,000.
● The minimum amount for a single applicant is US$220,000 for each share in the unit and the Government Contribution is USD$50,000
● The minimum amount for the main applicant and the spouse is US$220,000 for each share in the unit and the Government Contribution is USD$50,000
● The minimum amount for a family of four is US$220,000 for each share in the unit and the Government Contribution is USD$50,000
● The minimum amount for a family over four family members is US$220,000 for each share in the unit and the Government Contribution is USD$50,000 plus USD$25,000 for each additional dependent
● The real estate must be maintained for at least 5 years following the grant of the citizenship
Investment in real estate property
Option 2
Minimum value of US$350,000
The contribution for a Single Applicant, a Main Applicant and the Spouse, a family of four members and a family over four members, is US$350,000.
The Government Fee for a Single Applicant, a Main Applicant and the Spouse and a family of four members, is US$50,000 whereas for a family over four members is US$50,000 and US$25,000 per additional dependent after the third dependent
● The application fee for a single applicant, the main applicant and the spouse is US$1,500 per person, the due diligence fee is US$5,000 per person and the processing fee is US$1,500 per person.
● For a family of 4 members, the application fee is US$1,500 per person, the due diligence fee is nil for a dependent child up to 16 years old whereas for a dependent child aged 17 up to 25 the due diligence fee is USD$5,000.
The processing fee is US$1,500 per person aged 18 years old and over and US$500 for each person under 18 years old
● For a family over 4 members, the application fee is US$1,500 per person and the processing fee is US$1,500 per person aged 18 years old and over and US$500 for each person under 18 years old
Contribution to the National Transformation Fund (NTF)
Option 3
Minimum US$150,000
● Contribution of US$150,000 to the Grenada National Transformational Fund (NTF) for a single applicant.
The application fee is US$1,500, the due diligence fee is US$5,000 and the processing fee is US$1,500
● The contribution is increased to US$200,000 for the main applicant and the spouse and for a family of 4 members.
The application fee for the main applicant and the spouse is US$1,500 per person, the due diligence fee is US$5,000 per person and the processing fee is US$1,500 per person.
For a family of 4 members, the application fee is US$1,500 per person, the due diligence fee is nil for a dependent child up to 16 years old whereas for a dependent child aged 17 up to 25 the due diligence fee is USD$5,000.
The processing fee is US$1,500 per person aged 18 years old and over and US$500 for each person under 18 years old
● The contribution for a family over four members is also increased to US$200,000 plus US$25,000 per additional dependant after the third dependant.
The application fee is US$1,500 per person and the processing fee is US$1,500 per person aged 18 years old and over and US$500 for each person under 18 years old.
Programme Specifications
Investment
Minimum investment from US$150,000
Family
The ability to include a spouse, dependent children and dependent parents.
Duration
Lifetime duration. Passports are valid for 5 years but can be renewed.
Grenada is one of very few nations whose citizens can travel to the People’s Republic of China without first obtaining a visa.
Grenada is one of very few nations whose citizens can travel to the People’s Republic of China without first obtaining a visa.
Language test
No language requirement
Citizenship
Dual Citizenship permitted
Travelling
Visa-free travel to around 107 countries and territories
Requirements & Process
Applicants
Applicants should be at least 18 years of age and should satisfy specific conditions
PERSONAL REQUIREMENTS
In order to protect its people and Grenada’s international standing, the Government of Grenada will only grant citizenship to individuals who are truly deserving of that honour.
Therefore, the Government will deny the application of any applicant who:
Provides false information on his or her application form;
Has at any time previously been convicted in any country of an offence for which the maximum custodial penalty for the same or similar offence in Grenada is in excess of six months imprisonment (unless he or she received a free pardon);
Is the subject of a criminal investigation;
Is considered to be a potential national security risk to Grenada or to any other country;
Is involved in any activity likely to cause disrepute to Grenada; or
Has been denied a visa to a country with which Grenada has visa-free travel and who has not subsequently obtained a visa to the country that issued the denial
Moreover, the main applicant must demonstrate that he or she:
Is at least eighteen years old;
Is in good health; and
Has enough funds to make the required investment. The source of these funds must be legal.
Requirement to visit
No visit or residency requirement
Application process
60 days
Subject to a satisfactory due diligence check and the funds being received. You may apply for a passport shortly after. Passports are issued within days of the request.
Other
Must have a clean criminal record and be in good health
In order to ensure that the requirements listed above are fully adhered to, the Government of Grenada subjects each applicant to strict due diligence procedures. Moreover, each applicant must supplement his or her application with supporting documents. These include, but are not limited to, original or certified copies of:
A certificate by a medical practitioner, indicating that the main applicant and his or her applying family members are not suffering from any communicable disease and that they are otherwise in good health; and
A police certificate.
The island of Grenada is the southernmost island in the Antilles archipelago, bordering the eastern Caribbean Sea and western Atlantic Ocean. It boasts dramatic mountainous landscapes and a rich spice-producing heritage.
Total area350 km²
LanguagesEnglish, French
CurrencyEC$
Population107 thousand
Time zoneUTC - 04:00
Flight Distances
Beijing 18h
Moscow 12h 30m
New York 5h 30m
London 8h 30m
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Our services are offered through authorized/ licensed agents and/or authorized/ licensed persons in Grenada and we have no official association to the Citizenship or Permanent Residency by Investment Programme in Grenada