GRENADA

CITIZENSHIP BY INVESTMENT

Grenada Country Profile

Capital CitySaint George's
Population111,724 (2017 est.)
Geographic Location12 03 N, 61 45 W
Area344 sq km
LanguageEnglish
CurrencyEastern Caribbean Dollar ( 1 US$ = 2.7 EC$ )
Political SystemParliamentary Democracy
Legal SystemCommon Law based on English Model
GDP$1,59 Billion (2017 est.)
GDP per capita$14.700
National Anthem"Hail Grenada" (1974)
Independence Day7 February 1974 (from the UK)

Grenada Citizenship by Investment Program Information

GRENADA Citizenship by Investment ProgramOfficial 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 citizenshipNo
Physical presence requirementNo
Estimated Application Fees
Government Fees$3.000
Due Diligence Fees$5.000
Passport Fees$270 per applicant
Bank fees$250 minimum
Consulting FeesVaries 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 countries141
Residency requirement for citizenship7 years (4 years for Caribbeans)

Grenada Tax Summary

Corporate Income Tax30%
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 TaxNo
Personal Income Tax (Res / Non Res.)Progressive up to 30%
Property Tax / Property Transfer Tax0%-0.5% / 5%-15% payable by seller (10% alien landholding license for non res.)
Inheritance Tax / Estate TaxNo
VAT15%

* This site is for generic information only.

IRC - International Residency & Citizenship
www.internationalresidency.com