One of the most exotic places in the world, Grenada is situated in the heart of the Caribbean Islands. Comprising a main island and several smaller surrounding islands, the predominantly English speaking state is also known as the “Island of Spice” as it is home to many nutmeg plantations. Living in Grenada offers a lifestyle like no other: combined with exquisite beaches, perfect climate and affordable costs of living, purchasing property in Grenada is achievable for those looking to relocate or to invest in property offshore.
Grenada, known for being one of the friendliest and safest islands in the Caribbean, boasts a strong economic outlook. If you are seeking a second citizenship, Grenada offers a quick and hassle-free Citizenship-by-Investment (CBI) program, which processes applications in just 4 to 6 months.
Through the CBI programme, investors and individuals looking to relocate can apply without needing to visit Grenada during the application process. The fees are minimal, and there is no requirement for physical residency.
As a Grenadian citizen, you will enjoy preferred access to top schools and, in some cases, grants for education. Grenada is also home to a world-class university. Additionally, Grenadian citizenship allows for visa-free travel to 125 countries, including the EU Schengen area, the UK, China, Singapore, and Hong Kong.
Many property investors are turning to sound realisable property assets. By purchasing new property development in Grenada, citizenship is gained through sound financial investments. Pam Golding International has teamed up with strong and reliable developers. As an owner, in most projects, you will share in hotel revenues, less certain costs, ensuring a profitable return on your investment. You will have two weeks free usage each year, and for the remainder of the time, your property will be put into the hotel rental pool to secure an annual return on your behalf. Our offices are available to assist in your purchase, units are available from US$270 000.
Grenada offers one of the world’s top ranked Citizenship by Investment (CBI) programmes, which allows individuals and their families to invest and obtain citizenship and permanent residency in Grenada.
Grenada CBI benefits:
- Citizenships are processed fast - approximately 4-6 months
- Government citizenship fees for families are low – for a family of four, the main Government fee is just US$50,000 plus minor government due diligence and processing fees
- No interview, education, language test or management experience is required
- No residency requirements and dual citizenship is permitted
- Grenadian citizenship offers visa free travel to more than 140 countries including China, Russia, the Schengen States, UK and Singapore
- Grenada has source-based taxation: tax residents are not subject to Grenadian tax on their worldwide income, wealth, gift, inheritance or capital gains
- Unmarried dependent siblings of the Principal Applicant and his/her spouse can be included, as well as unmarried children under the age of 30 and dependent parents & grandparents under the age of 55
- Ability to sell after 5 years and secondary purchasers of Real Estate can qualify for CBI
- New citizens who take up residence, after one year can benefit from up to 90% discount for undergrad courses at St. George’s University
For more information on investing in Grenada and obtaining Grenadian Citizenship, please contact us on international@pamgolding.co.za