Grenada Real Estate Option
The Grenada Citizenship by Investment committee (GCBIC) approves several real estate projects under the citizenship by investment program
The CBIC reviews viable projects and recommends them to the Minister. The Minister then decides whether to approve the project, and publishes approval s in the Gazette. Currently, the vast majority of approved projects consists of real estate developments on the island of Grenada. These include luxury hotels, resorts, and villas. Applicants who choose to invest in an approved project must make the investment through an Authorised Local Agent.
| Fees | Details |
|---|---|
| Real Estate Investment | Option 1: Minimum USD $350,000 Option 2: Minimum USD $270,000 (per fractional share in the unit) |
| Government Contribution | Main applicant and up to 3 dependants (excluding siblings, parents, and grandparents aged 55 and under): USD $50,000 Each additional dependant (excluding siblings, parents, and grandparents aged 55 and under): USD $25,000 Each parent or grandparent aged 55 and under: USD $50,000 Each sibling: USD $75,000 |
| Application Fee | USD $1,500 per person |
| Due Diligence Fee | USD $5,000 per person Free for dependants aged 0–16 |
| Processing Fee | USD $1,500 per person USD $500 per dependant aged 0–16 |
| Interview Fee | USD $1,000 per person (including non-applicant spouse or sponsor) Free for dependants aged 0–16 |