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Benefits of obtaining Grenada citizenship by real estate investment are twofold, whether as a second citizenship or as an investment in real estate.
The southern Caribbean Island is witnessing a growing development of villas and residential resorts, making it an ideal environment for obtaining citizenship by real estate investment in particular, due to the low costs of real estate and labor, and there is an expected increase in tourism by 5% annually over the next ten years, all of which means greater opportunities for international investors.
Obtaining Grenada citizenship by real estate investment is an exceptional option for retirees, nature lovers and those looking for a second home, as Grenada is one of the most beautiful coastal islands on Earth and is known as the Spice Island.
Applicants and their family members can obtain Grenada citizenship by real estate investment with prior approval from the Government of Grenada for $350,000 and keep the property for 5 years after which they are entitled to resell it and get the money, they spent to obtain Grenada citizenship by real estate investment back.
Although Grenada offers many attractive real estate options, including land for getting a powerful Grenada passport, but not all homes and land for sale can be used for citizenship, as they must be approved for Grenada citizenship.
St. George, St. David and St. Andrew are some of the best locations for real estate investment, especially the popular capital, St. George, thanks to its stunning scenery, rich culture and diverse recreational options such as hiking, swimming and diving, in addition to the presence of a port for international cruise ships.
Grenada citizenship by real estate investment apply steps
~ GCC
1. Find the property you like.
2. Make an offer to purchase the property and prepare the sales and purchase contracts.
3. Pay the deposit, prepare all relevant documents and complete the final payment.
4. Apply for citizenship and obtain Grenada citizenship and passport.
Note: All steps can be done through an authorized agent, and the last step is essential.
✓ Residential properties ranging from villas and apartments to beachfront homes.
✓ Commercial properties ranging from shopping malls to office buildings.
✓ Industrial properties ranging from warehouses and manufacturing facilities to distribution centers.
✓ Resorts and hotels ranging from luxury resorts to boutique hotels.
✓ Agricultural land in Grenada’s fertile lands guaranteed by government incentives.
✓ Applicant and 3 family members: $350,000
✓ Applicant and 3 family members: $270,000 + $50,000 non-refundable contribution
✓ Spouse: $20,000
✓ Parents and grandparents under 55: $50,000
✓ Parents and grandparents over 55: $25,000
✓ Siblings over 18: $70,000
✓ Any additional dependent up to age 30: $25,000.
If you are planning to obtain Grenada citizenship by real estate investment and need professional guidance, do not hesitate to contact the Global Citizen Consultants, the official agent for obtaining a second citizenship from the Caribbean nation of Grenada.
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