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| Important Notice:
The
Grenada Economic Citizenship program has been suspended by the
Government of Grenada for indefinite period. No new applications are
processed or accepted at the moment. Grenadian Finance Minister,
Anthony Boatswain has announced the suspension of this program,
claiming that it became “too risky” in the light of the terrorist
attacks in US. There is an alternative to the Grenada citizenship -
the citizenship of the Commonwealth of Dominica. Please proceed to the
relevant page
Citizenship of Dominica. |
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GRENADA - THE SPICE ISLE
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Grenada: 120 sq. mi. (310 km2) + Cariacou: 13 sq. mi. (33
km2) +
Petit Martinique: 1 sq. mi. (2.5 km2)
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Population: Grenada: 100 000/ Cariacou: 9 000/ Petit Martinique: 600
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Capital: St George’s 20 000
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Language: English + French patois (Creole)
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Money: EC$ 2,7 = US$ 1
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Member of United Nations
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Member of the British Commonwealth and CARICOM
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Member of OECS (Organization of Eastern Caribbean States)
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Independent: 25 years (former British colony)
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Head of State: Queen Elizabeth II
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Head of the Government: Prime Minister
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The travelers know Grenada as a Spice Island of the
Caribbean. Grenada boast numerous white sand beaches, by the way, the
longest beach in the British West Indies is in Grenada. Grenada is not
very mountainous, but is covered with evergreen tropical forest and of
course you are surrounded with the smell of nutmeg and other tropical
fragrances. Grenada is a young but very respectable offshore jurisdiction;
every year it attracts more and more international investors and new
citizens
GRENADA
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Second
Citizenship Advantages in Grenada
Second Citizenship in Grenada can be obtained through
economic citizenship program. Second citizenship and 2d passport in
Grenada is your insurance against unforeseeable misfortunes.
Citizenship for life
Grenada offers second Citizenship for life for an applicant spouse and
dependent children.
Dual citizenship is permitted and there is no
residence requirement. There is no requirement to visit Grenada
during the application process. But if you want you can live here for your
whole life.
Granting of Citizenship
You can be granted citizenship and your passport within 2-3 month if
all documents (i.e.) application forms, declarations of Guarantor and
other procedural demands are made properly. The Prime Minister will
personally sign the Certificate of Registration authenticating you as a
citizen of Grenada.
Passports
The validity of passports in Grenada is five (5) years. A passport
which is five years old or which has no further space for visas must be
replaced with a new one at the nominal cost of US$20.
Visa-Free Travel
Travel visa-free to more than one hundred (100) countries including: Canada, Great Britain, Ireland, Liechtenstein, Singapore, South Korea and Switzerland. Where a visa is required (Schengen States) it is relatively easy to obtain within one day.
Tax Free status
There are no taxes on foreign income, capital gains, gift, wealth and
inheritance taxes, etc.
Security
Protection of banking accounts, real estate and businesses, both
abroad and within your own country.
Confidentiality
The Government of Grenada does not inform the country of your present
residency about your second or third citizenship. While you are working
with the lawyers whose office(s) are located in the country, the
nationality of which you’ve chosen to apply for, the information, that you
are applying for the citizenship of the other country could not be
accessible to the Secret Service or Law-enforcement agencies, or other
persons who may be "interested" in it in the country where you presently
reside.
Residential permit
This permit is relatively easy to obtain by citizens of Grenada
wishing to reside in Canada, Bermuda, United Kingdom, Isle of Man and
other countries.
Guaranty
You will work with the Approved Authorized Agent of the Governments of
the two countries (Dominica and Grenada) who have years of experience in
these matters. You have the opportunity to transfer your money with the
provision of the bank Guaranty, to the special, blocked account in the
Governmental Bank, "National Bank of Dominica".
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Required documents for the citizenship and passport application:
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Your present passport should be renewed or extended more
frequently than every ten years.
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Your present passport could be withdrawn or cancelled by your
Government or its Authorized representatives.
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Your present nationality limits your investment and entrepreneur
abilities.
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Your present Government levies taxation of your income, belongings
and capital all over the world.
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Makes you a target for terrorists.
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The certified photocopy of the current passport for the applicant and all
members of the family (if applicable*)
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The certified photocopy of the birth certificate (or
affidavit) translated into English, for all members of the
family (if applicable)
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The certified photocopy of the marriage certificate or
affidavit, translated into English (if applicable)
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The certified photocopy of marriage dissolution certificate or
affidavit (if applicable) translated into English
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The certificate of non-criminal convictions (original) and
certified translation into English for all members of the family
over the age of 18 years.
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Fingerprints for all members of the family over 18 years.
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CV/Resume for the head of the family, with detailed
information about the nature of the business or investments
during the last five years.
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Bank reference letter for the head of the family
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Two recommendations from business partners (professionals) for
the head of the family.
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Medical certificate for all members of the family. It should
contain information of height, weight of the person, color of the eyes
and hair, and also should have results of HIV test.
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Power of Attorney to CCP Inc, to represent you and your
dependants in the process of the application for the citizenship
(we’ll provide the form)
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Data form for all the members of the family (we’ll
provide the form)
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Application for the citizenship form (we’ll
provide the form)
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Twelve colored passport size pictures
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Costs, terms, conditions and payments, guarantees
and process of the application for the
citizenship. |
Price for the application for the citizenship and passport of Grenada, including non-refundable investment to the economy of the country for a family of five (two adults and three dependent children under 25 years) is US$ 50,000. It includes:
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Non-refundable
investment in the economy of the country
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Governmental fees
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Procedural fees
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Services of the
Guarantor
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Professional and legal
fees of the registered agent of the Government
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If your family has more than three children, you will have to pay US$ 15,000 extra to process each of these children. Terms of the procedure of the application for the granting of the citizenship and passport in Grenada for a family program are usually within 2 -3 month.
Moreover, between US $ 4,000 to US $ 15,000 will be charged for the due diligences (through Interpol check and private detective). This amount depends on your country of birth, present citizenship, present residence and how often you have changed it. For example, an American or Canadian citizen being born in the States and having spent his all life there will pay US $ 4,000, while citizens of other countries can pay up to US $ 15,000. Once the investigations are completed, we will provide you with an invoice directly from the due diligences
agency.
The total cost for the family program in Grenada (including a spouse
and three dependant children under the age of 25) is between US $
54,000 to US $ 56,000 for mostly all American, Canadian and Western
European citizens. Other
nationality will pay up to US $ 65,000 for that same program.
Payment Terms
Payment for the application of citizenship requires 100% prepayment before the process of the application starts. You will have to transfer to "CCP Inc." between US $ 4,000 and US $ 15,000 as a payment for the conducting of the background checks (Interpol and private detective agency). The balance of 50,000 will be paid after receiving a positive report from the due diligences agency and Interpol checks (this takes approximately 3 to 6 weeks).
If you decided to pay:
straight to the account of CCP Inc. you can do it by wiring the funds with the following payment address:
| Beneficiary: "CCP Inc.", P.O. Box 2342,
Roseau, the Commonwealth of Dominica
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Account :
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115002374
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| Beneficiary’s Bank: |
National Commercial Bank of
Dominica |
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S.W.I.F.T.: |
NCDM DMDM |
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Corresponded Account: |
6550 1522 68 |
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Intermediary Bank: |
The Bank of America |
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S.W.I.F.T.: |
BOFA US 3N |
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Details of payment: |
for the citizenship of___________________________ |
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or mailing us an American bank draft through the courier
services of DHL, FedEx or UPS to the following mailing address:
8, Copthall, tel. 1 767 448 1708
Roseau, The Commonwealth of Dominica, W.I.
Bank Guarantee option of the payment
As an additional security measure, some people choose the option of payment through the Bank Guarantee from the "National Commercial Bank of Dominica" to deposit the funds. The Guarantee says that upon receipt of the corresponding amount for the purpose of processing an application for Grenada Economic Citizenship for Mr./ Mrs._________________ the funds will be placed in a special account and will be released upon the following:
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In the event that citizenship is granted to you, the full amount will be transferred to a CCP Inc. account, upon presentation of an approval letter from the Government of Grenada.
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In the event that your application is denied or approval is not received within 90 days, the full amount will be transferred within two (2) working days to you.
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This Guarantee comes into effect upon receipt of funds on the corresponding account and expires upon return of funds to yourself or payment to CCP Inc.
Guarantee is issued to the name of the applicant and can be mailed directly to your address or to the address of your bank officer (from where the funds will be transferred) according to your choice. The guarantee can be also wired to your bank by S.W.I.F.T. or TELEX. If you've chosen to mail a guarantee to your bank officer, this officer will have to inform you that he/she has received the document and due-diligence on it has begun. After that you can instruct your bank to transfer the corresponding amount to the banking address of the "National Commercial Bank of Dominica" mentioned in the Guarantee.
In order for the Guarantee of the NCB to be issued you will have to provide the following: a transfer of an additional 2% of the corresponding amount to the account of CCP Inc. For example, if you are applying for the family, the cost for the application for the citizenship of Grenada is US$ 55,000 you'd paid already US$ 5,000 for the conducting of due-diligence, so the amount you want National Bank to Guarantee you is US$ 50,000. You will have to transfer an additional US$ 1,000 to the account of "CCP Inc." This extra charge of 2% is to cover the bank expenses for issuing the Guarantee.
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Procedural steps of the application for the
citizenship of Grenada.
Step one:
After deciding to apply for the citizenship, fill in the Data Form
(You can print it out from here). and send it to us by courrier post with the total package of necessary documents (mentionned above). Then transfer the corresponding amount for the due-diligences to the account of "CCP Inc."
Step two:
After receving a positive report from the due diligences agency (3 to 6 weeks), you will have to choose one of the options of payment to pay for the US $ 50,000 balance. It could be either a straight payment to "CCP Inc.", or a payment with the guarantee to the special blocked account in the "National Commercial Bank of Dominica". If you choose payment with the bank guarantee, you will have to wire an additional 2% of US $ 50,000 to the account of "CCP Inc." which is a total of US $ 1,000. The guarantee will be issued in two working days and sent to you. After that you will be able to transfer the funds to the special guarantee account at the "NCB of Dominica".
Step three:
After receiving the confirmation of your wire transfer (either to CCP's account or to the special blocked account of NCB), we will send you by courrier post some Governmental forms required for the application, with necessary instructions explaining how to fill them.
Step four:
Sent us back by courrier post those governmental forms after filling and signing them.
Step Five:
After your documents delivered to our office we prepare the application package to be presented for the approval of the Government of Grenada. The Prime Minister will sing Certificates of Registration you and members of your family as citizens of Grenada. After that passports for all members of the family will be issued.
Step Six:
There is no such a requirement from the side of the Government of Grenada to visit the country during the application process. But if you wish to collect the documents yourself our representative will meet you there and assist you during your stay in Grenada.
Step Seven:
We will send you Passport and Certificates of Registration as citizens of Grenada to any address. We are also ready to offer you services after citizenship was granted in opening of the bank accounts (with debit and credit Visa, Master Card) in the Caribbean and European Banks, incorporation of the offshore companies (IBCs), Offshore Bank formation etc., with your new documents. Please visit the FAQs section on this site and if you will have more questions don't hesitate to contact us, we'll be glad to answer all your questions. Also if you wish, we can send you a colored brochure about the citizenship of Grenada.
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