Sweeping changes to the Grenada Citizenship by Investment Act

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The Grenada government has recently published some sweeping changes to the Grenada Citizenship by Investment Act No. 15 of 2013, now bringing even more benefits to prospective investor applicants to the very popular Grenada Citizenship by Investor Program. These changes are in addition to the changes that the government has announced in the recent past. Please refer to our below links to learn more about the Grenada Citizenship Program, it’s benefits & the recent changes that are already in force :

No Citizenship by Investment Program in the world has undergone a more comprehensive transformation, in the last 6 months, than the Grenada Citizenship by Investment Program. The program now brings unequalled benefits to investors, which along with the recently published changes are as follows :

  • There is no longer a requirement to obtain permanent residency prior to acquiring citizenship
  • The age limit for child dependants has been raised from 26 to 30 years
  • There is no longer a requirement for child dependants to be enrolled in an educational institution
  • There are no longer any age restrictions for parents & grandparents to qualify for citizenship
  • It is no longer required that the dependant parents & grandparents have to live with the main applicant
  • Now unmarried siblings (with no children) above the age of 18 years can qualify as dependants of the main applicant
  • A child born of the main applicant, or his or her spouse, within 12 months of grant of citizenship can also qualify as a dependant of the main applicant, and hence be eligible for citizenship
  • The approved investment  in real estate made to acquire citizenship has to now be retained for at least 5 years from the date of grant of citizenship
  • If you have obtained Grenada Citizenship by making a real estate investment, you are now able to sell your real estate to new citizenship applicants, after holding it for 5 years
  • ‘Real Estate’ under the Grenada Citizenship by Investment Act is now defined to include freehold, leasehold, real estate trust certificates, timeshare, fractionals, etc.

Along with a host of other benefits such as visa-free travel to an ever-increasing number of countries, fast application process, E2 visa treaty, etc., the Grenada Citizenship by Investment Program is now one of the most attractive citizenship programs available anywhere in the world.

Contact us to apply for this excellent second passport through an authorised representative of the Grenada government.

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