Grenada is a member of the Caribbean Community (CARICOM) and the Organization of Eastern Caribbean States, and is becoming a top choice of destination for high-net worth investors seeking a second passport.
Grenada’s Citizenship by Investment Program (CIP) was reinstituted in 2013, once again opening its doors to those seeking second citizenship opportunity in the Caribbean. Obtaining a Grenadian passport requires a stringent review and vetting process for applicants, including family members and business partner. Routine applications are processed within sixty days, and Grenadian passports are issued shortly thereafter. Grenadian citizenship affords visa-free travel to more than seventy countries, including the United Kingdom, making it ideal for those who must consider business immigration.
Holders of Grenadian passport are entitled to enroll in the United States’ E-2 visa program, allowing investors to reside and launch businesses in the US, comparable to an American passport. Those with a Grenadian passport remain USA residents as long as they renew their visas and continue to meet the program qualifications.