Grenada Country Profile
Capital City | Saint George's |
Population | 111,724 (2017 est.) |
Geographic Location | 12 03 N, 61 45 W |
Area | 344 sq km |
Language | English |
Currency | Eastern Caribbean Dollar ( 1 US$ = 2.7 EC$ ) |
Political System | Parliamentary Democracy |
Legal System | Common Law based on English Model |
GDP | $1,59 Billion (2017 est.) |
GDP per capita | $14.700 |
National Anthem | "Hail Grenada" (1974) |
Independence Day | 7 February 1974 (from the UK) |
Grenada Citizenship by Investment Program Information
GRENADA Citizenship by Investment Program | Official Government Website: http://www.cbi.gov.gd |
Investment Type | (Minimum amounts indicated) |
Contri. to National Transformation Fund (NTF) | $150.000 |
Real Estate Investment | $350,000 + $50,000 Government Fees |
Restriction on dual citizenship | No |
Physical presence requirement | No |
Estimated Application Fees |
Government Fees | $3.000 |
Due Diligence Fees | $5.000 |
Passport Fees | $270 per applicant |
Bank fees | $250 minimum |
Consulting Fees | Varies between $20,000 and $50,000 |
Estimated Cost (Donation / Real Estate) |
Single Applicant | $158,500 / $408,500 (+ Consulting Fees, RE Fees) |
Family of 4 Application (2 children under 18) | $221,500 / $421,500 (+ Consulting Fees, RE Fees) |
Visa free travel number of countries | 141 |
Residency requirement for citizenship | 7 years (4 years for Caribbeans) |
Grenada Tax Summary
Corporate Income Tax | 30% |
Witholding Tax on Dividends (Res./Non Res.) | 0% / 15% |
Witholding Tax on Interests (Res./Non Res.) | 0% / 15% |
Witholding Tax on Royalties (Res./Non Res.) | 0% / 15% |
Capital Gain Tax | No |
Personal Income Tax (Res / Non Res.) | Progressive up to 30% |
Property Tax / Property Transfer Tax | 0%-0.5% / 5%-15% payable by seller (10% alien landholding license for non res.) |
Inheritance Tax / Estate Tax | No |
VAT | 15% |
* This site is for generic information only.