OVERVIEW & LEGAL BASIS | INVESTMENT OPTIONS | BENEFITS
Overview and Legal Basis
The Citizenship by Investment Programme came into being in August 2013, when the Grenadian Parliament passed Act No. 15 of 2013, otherwise referred to as the ‘Grenada Citizenship by Investment Act, 2013.’ The stated objective of the Act is to “enable persons to acquire permanent residence and citizenship of Grenada by registration following investment in Grenada.” Applications for citizenship are by invitation, which means that every applicant, including family members and business partners, must be approved individually by the Government of Grenada through a strict due diligence process. Under Grenada’s Citizenship by Investment Programme, applicants and their families are given the opportunity to gain full legal citizenship of this tropical paradise, by making an economic contribution to the country. A copy of the Act can be downloaded here: