Q & A

Q
Where is Grenada?

A

Grenada is a country in the West Indies in the Southeastern Caribbean Sea consisting of the island of Grenada and six smaller islands. Its size is 348.5 sq. kms. (134.6 sq. miles)


Q
What is the capital of Grenada?

A

St. George’s


Q
When did Grenada gain Independence?

A

February 7, 1974


Q
Is Grenada a democratic country?

A

Grenada is a parliamentary democracy under a Constitutional Monarchy, with a Prime Minister and Queen Elizabeth II as head of state, who is represented by a Governor General.


Q
Which is the official language of Grenada?

A

English


Q
Why is Grenada also known as “Island of Spice”?

A

Because it is a major producer of spices. It is the second largest producer of Nutmeg in the world and one of the world’s largest producers of mace, cinnamon, ginger and cloves.


Q
What legal system does Grenada follow?

A

The “English Common Law” system.


Q
What is the currency of Grenada?

A

East Caribbean Dollar (ECD) pegged to the US Dollar at 2.7 for the last 40 years.


Q
Are major credit cards and Travellers cheques accepted in Grenada?

A

Yes


Q
How can I become a citizen of Grenada?

A

You can apply for Grenada Citizenship by investing a specified amount in either of two types of investments.

  • Donation to the “National Transformation Fund” of Grenada or
  • Investment in a “Government approved real estate project” in Grenada


Q
Am I required to have any education and/or management/business experience to be eligible for Grenada citizenship?

A

No


Q
Are there any age limits to applying for Grenada citizenship?

A

Main applicant and spouse must be at least 18 years of age
Dependent children must be below 30 years of age
Dependent parents must be over 55 years of age


Q
What are the “residency requirements” upon becoming a citizen of Grenada?

A

You are not required to reside in Grenada before or after citizenship is granted. Hence, there are no compulsory residency requirements like in many other countries which require residents to stay in that country for a minimum period of time each year.


Q
Does Grenada allow dual citizenship?

A

Yes. You can become a citizen of some other country (i.e. apply for a second passport) while holding a Grenadian Passport. You also do not have to surrender your current passport (provided your current passport allows dual citizenship).


Q
Which family members are eligible to apply for Grenada Citizenship along with the main applicant?

A

Spouse, dependent children, parents & grandparents of both main applicant and spouse, and in a recent change in immigration laws the government of Grenada now also allows unmarried siblings (with no children) to be included in the same application.


Q
How long does it take from the time of submission of application to be granted Grenada Citizenship?

A

4 – 5 months.


Q
Do I need to visit Grenada to apply?

A

No. You do not need to visit Grenada before, during or after the application process.


Q
Can I apply for Grenada Citizenship on my own?

A

No. You can ONLY apply through Authorised government appointed agents in Grenada.


Q
Can citizenship of Grenada be passed on to future generations?

A

Yes, citizenship can be passed on to future generations. The main applicant, upon acquiring citizenship, can apply for the citizenship for any of his/her minor child at any time in the future. Also, the main applicant’s child, who has been granted citizenship, can apply for their minor child (i.e. the main applicant’s grandchild) to become a Grenadian Citizen, and so on for generations to come.


Q
Does Grenada tax foreign income?

A

No. Grenada has no foreign income, wealth, gift, inheritance or capital gains tax. Further, there is no withholding tax on the repatriation of profits and imported capital.


Q
How many countries can I travel visa-free on becoming a citizen of Grenada?

A

128 countries. These include United Kingdom (UK) and all members of the European Union (EU), as well as major business hubs such as Singapore and Hong Kong. Further, Grenada is one of only very few countries in the world which has a visa-free travel arrangement with China.


Q
Is any due diligence carried out on the main applicant & dependants?

A

Yes. Due Diligence is carried out by both us at Migratesmart & the government of Grenada. The period of due diligence would normally depend on the circumstances of each client.


Q
How can Migratesmart® help us?

A

Our partnerships with highly reputed & leading global law firms, in all countries that we operate in or provide services for, enables us to provide end-to-end solutions & services to our clients. We can take care of every aspect of your migration process & ensure you derive maximum benefit from our expert knowledge & advice.