The Grenada Citizenship by Investment Programme has been amended by virtue of Act no 3 of 2019. The amendments, which where introduced in May 2019 follow earlier changes in March 2019 which saw the real estate investment requirement reduced to USD $220,000 from USD $350,000 for property approved by the Citizenship by Investment Unit.

Changes implement in May 2019

The recent changes to the Grenada Citizenship by Investment Programme include:

Child Dependents

  • The increase in the age for children of the main applicant from 26 to 30 years old.
  • Children are no longer required to be enrolled in an educational institution.
  • Children of the main applicant born within 12 months of approval are now applicable for citizenship.

Parent or Grandparent Dependents

  • There is no longer an age restriction for qualifying parents and grandparents.
  • The requirement for adult dependents to reside with the main applicant is no longer valid.

Siblings

  • Siblings of the main applicant who are 18 or older and single without children can now be included in the application.

Contributions and Investments

  • An approved applicant of the Grenada Citizenship by Investment Programme must maintain the investment for five years from the approval of citizenship.
  • After five years approved citizens by investment through real estate can resell this property to new citizenship applicants.

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