The Grenada Citizenship by Investment Committee hereby notifies all stakeholders or applicants, according to official notice dated Mar 15, 2023, that they should not offer or accept any option for investment presented that is below the statutory minimum of US $220,000 in case of projects approved under this price option, or US$ 350,000 for projects not approved under the US$220,000 option.
In the case of an investment into the National Transformation Fund, the minimum investment required is the sum of US $150,000 for an individual applicant. All stakeholders of the programme who discover this infringement should bring such act to the attention of the Grenada Citizenship by Investment Committee/Unit as a matter of urgency so that the requisite further steps can be taken.
The Grenada Citizenship by Investment Unit states categorically that all of its approved projects are physically located in Grenada. As such, an investment into real estate outside of Grenada is not a qualifier for obtaining Grenadian citizenship by investment and any such offerings are illegal and not approved by the Committee.
Please download the official announcement in PDF