- Welcome to Grenada
- Why Grenada?
- Frequently Asked Questions
- Mount Cinnamon
- Port Louis
These are all listed in the application pack which will be provided to you upon request.
No, once you have made your application you are fully committed.
The business is currently managed by the Port Louis Trading Limited.
Yes, you can book it and use it and you will receive an owners discount on the resort rates at that time.
Yes, citizenship is extended to your wife, dependent children under 26 years and dependent parents. Fees for family members are provided with the application form.
All Grenadian and other C.E.C. passports are valid for five years and are renewable thereafter.
It can be renewed through the Grenadian consulate in London or directly through the Grenada passport and Immigration office and through local lawyers without the need to travel.
As part of the laws of Grenada, citizens are entitled to a passport and cannot be denied this.
No – you would just give the address of your principal residence.
An application must be completed and submitted with the required documentation, the investment funds transferred to the escrow account and a condominium agreement executed for the purchase of the property under the Citizenship by Investment program.
The property affords title through a condominium document, freehold would suggest you own the land whereas a Condominium document transfers title of a specific building or unit within a building to the investor
There is a mandatory 5 year holding period after which you are at liberty to sell your property or you may decide to keep it as a rental property with a potential income stream
No, the citizenship is yours for life.
Yes, subject to Government terms and conditions at that time.
Condominium owners are not responsible for annual management fees, capital calls or any other costs of owing the unit during the mandated 5 year holding period. After such time expires then the owners become liable for any and all attributable associated costs but also any associated revenues that may be generated, until the property is sold
No, as a shareholder you are not liable for any individual taxes in Grenada.
The passport can be delivered to your attorney in Grenada who can then courier it to you. There is no need to visit Grenada to collect it..
The Citizenship By Investment Act is part of the Grenadian legislation. The Grenada Citizenship by Investment Act 15, 2013.
The legislation is documented and is part of the laws of Grenada having been passed by Parliament.
No you do not.