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Citizenship by Investment

Approved Project

Approved Project (Real Estate) in Grenada

APPROVED PROJECT (REAL ESTATE) IN GRENADA

One of the options available to applicants seeking to obtain citizenship by investment in Grenada is to invest in a Government-approved project. Currently, these projects encompass real estate developments such as hotels, villas, and resorts. Because of the growth of the tourism industry, there is rising demand for tourist housing facilities. Real estate developments are thus fantastic opportunities for investors looking for high returns.

Applicants opting for the approved project (real estate) route must invest at least USD 350,000. They must keep the real estate for at least three years following the grant of citizenship. The following chart highlights the costs and fees associated with this route.

REAL STATE OPTION

REAL STATE OPTION

Single Applicant

Main Applicant + Spouse

Family of four family members

Family over four family members

Required Contribution Amount

USD 350,000

USD 350,000

USD 350,000

USD 350,000

Government Fee

USD 50,000

USD 50,000

USD 50,000

USD 50,000 and USD 25,000 per additional dependant after the third dependant

Application Fee

USD 1,500

USD 1,500 per person

USD 1,500 per person

USD 1,500 per person

Due Diligence Fee

USD 5,000

USD 5,000 per person

* Dependent child  0  – 16     nil          * Dependent child  17  – 25    USD 5,000

Due Diligence Fee

Processing Fee

USD 1,500

USD 1,500 per person

USD 1,500 per person aged 18 and over, USD 500 for persons under 18

USD 1,500 per person aged 18 and over, USD 500 for persons under 18

LIST OF APPROVED PROJECTS

Below please find a list of Government-approved projects that have qualified for the Grenada Citizenship by Investment program. This list is likely to change as more projects are approved and new opportunities become available. Please check back to keep up to date.

Name

Address

Contact Details

BACOLET BAY RESORT & SPA

View Website

Bailles Bacolet, St. David’s, Grenada W.I.

✆ + 1 473 439 7692
+1 473 439 7692
 hbain@bacoletbay.com

GRENADA COROLLA CONSULTANT LIMITED.

P.O Box 800, Lucas Street. St George’s, Grenada, W.I

✆ +1 917 783 3688 or 1 604 725 5888
Patrick.C.Zhu@gamil.com

GRENADA RESORT COMPLEX LTD
View Website

Kirani James Blvd., Lagoon Road
St George’s, Grenada, W.I.

✆ O: +1 473 440 9928
M: +1 473 407 4751
 grenadaresortcomplex@gmail.com 
info@grenadaresort.com

HIDEAWAY TRUE BLUE
Visit website

1 True Blue Avenue, St George’s, Grenada, W.I.

✆ +1 473 435 8080 (Grenada);
+1 239 888 9288 (United States);
F: +1 239 206 2461
Dr. Richard A. Nixon
cbi@hideawaygd.com

HOPE DEVELOPMENT LTD
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Hope Development Limited – La Pointe Grenada, Hope City, St Andrew’s, Grenada, W.I.

✆ O: +1 473 439 6646;
M: +1 473 420 3649
Christian Henry
christian@lapointegrenada.com

KAWANA BAY RESORT
View Website

Morne Rouge (Grand Anse Beach), St George’s, Grenada, W.I.

✆ +1 473 409 2500;
F: +1 416 361 0330
Mike Kicis
info@kawanabay.com

LEVERA BEACH RESORT
Visit website

Levera Beach Resort, Levera Resort and Spa, St Patrick’s, Grenada, W.I.

✆ +1 473 409 9931
info@leveragrenada.com

MARIPOSA
Visit website

P.O. Box 730, Burns Point, St George’s, Grenada, W.I.

✆ +1 473 444 3171
Leonardo Zucchi evententerprisesltd@gmail.com

MOUNT CINNAMON
Visit Website

P.O. Box 3858, St George’s, Grenada, W.I.

✆ +1 473 405 5400 (Grenada); +1 786 440 1116 (United States)
Richard Hallam
rh@ambassador-desavary.com

PORT LOUIS
Visit Website

No. 1 Kirani James Blvd,St. George’s, Grenada W.I

✆ + 1 473 405 5400 (Grenada)
+ 1 786 440 1116 USA)
Richard Hallam
rh@ambassador-desavary.com

REECE INVESTMENT INC.
trading as EMERALD SUITES

 

Contact: Rupert Reece
✆ 1-868-683-7549;

 rupertreece@gmail.com

SILVER SANDS
View Website

Grenada, W.I.

✆ + 1 473 439 3999;
M: +1 473 458 3999
Mehdi El-Fitouri info@silversandsgrenada.com

ST DAVID AGRO INC.
View Website

Westerhall, St David, Grenada, W.I.

✆ +1 473 534 3400;
+1 473 435 8734
Mr Oliver Paul
grenadarealtors@gmail.com

THE LEGACY PROJECT

Morne Rouge, St George’s, Grenada, W.I.

✆1 473 439-8552
Michelle Emmanuel Steele
projectlegacyinc@gmail.com

THE POINT AT PETITE CALIVIGNY
View Website

The Point at Petite Calivigny Resort,1 Welcome Road, P.O. Box 3222, St. George’s, Grenada, W.I.

Chris Ashby, Kellian Waldron
✆ +1 473 415 2727, +1 473 406 4606
 enquire@cacitizens.com

THE SANCTUARY AT FIJI BEACH      

View Website

The Sanctuary at Fiji Beach, Residential Resort, L’Esterre, Carriacou, W.I.

✆ +1 473 406 4606
+ 473 415 2727
 enquire@cacitizens.com