Real Estate Investment in Grenada

The citizenship of Grenada may be obtained by investing USD 220,000 in an approved property. The professional fees and the government fees to process the application are additionally payable. The applicant must hold the property for five (5) years after the citizenship is granted.

The properties approved by the Government of Grenada may include hotel shares, resorts and villas.

Apply for Citizenship of Grenada

The total fee under this option is payable in three instalments. The breakup is given below:

FIRST INSLALMENT (PAYABLE AT THE TIME OF PLACING THE ONLINE ORDER)
Fee TypeMain applicantMain applicant and spouseFamily of four (two dependents below 16 years)Family of four (two dependents above 16 years)Cost to add for additional dependent (under 16 years)Cost to add for additional dependent (16 years or older)
InZone’s Professional FeesUSD 9,999USD 10,999USD 11,999USD 11,999USD 399USD 399

 

SECOND INSTALMENT (PAYABLE AT THE TIME OF SUBMISSION OF THE CITIZENSHIP APPLICATION)
Fee TypeMain applicantMain applicant and spouseFamily of four (two dependents below 16 years)Family of four (two dependents above 16 years)Cost to add for additional dependent (under 16 years)Cost to add for additional dependent (16 years or older)
Government Application FeesUSD 1,500USD 3,000USD 6,000USD 6,000USD 1,500USD 1,500
Government FeesUSD 50,000USD 50,000USD 50,000USD 50,000USD 25,000USD 25,000
Government Processing FeesUSD 1,500USD 3,000USD 4,000USD 6,000USD 500USD 1,500
Government Due Diligence FeesUSD 5,000USD 10,000USD 10,000USD 20,000USD 0USD 5,000
Local Lawyer Professional FeesUSD 8,000USD 8,000USD 8,000USD 8,000USD 0USD 0
Total Second InstalmentUSD 66,000USD 74,000USD 78,000USD 90,000USD 27,000USD 33,000

 

THIRD INSTALMENT (PAYABLE AFTER IN PRINCIPAL APPROVAL OF THE CITIENSHIP APPLICATION)
Fee TypeMain applicantMain applicant and spouseFamily of four (two dependents below 16 years)Family of four (two dependents above 16 years)Cost to add for additional dependent (under 16 years)Cost to add for additional dependent (16 years or older)
Project Investment AmountUSD 220,000USD 220,000USD 220,000USD 220,000USD 0USD 0
Government Real Estate Transfer FeesUSD 10,000USD 10,000USD 10,000USD 10,000USD 0USD 0
Passport and Oath FeesUSD 370USD 740USD 1,480USD 1,480USD 370USD 370
Courier FeesUSD 400USD 400USD 400USD 400USD 0USD 0
Total Third InstalmentUSD 230,770USD 231,140USD 231,880USD 231,880USD 370USD 370

 

TOTAL EXPENSE* – FIRST INSTALMENT + SECOND INSTALMENT + THIRD INSTALMENT
Main applicantMain applicant and spouseFamily of four (two dependents below 16 years)Family of four (two dependents above 16 years)Cost to add for additional dependent (under 16 years)Cost to add for additional dependent (16 years or older)
USD 306,769USD 316,139USD 321,879USD 333,879USD 27,769USD 33,769

*Bank fee at 1% of the total amount plus VAT is chargeable on the transactions.

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