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About Grenada

“Isle of Spice”

Grenada is a sovereign state in the south-eastern Caribbean Sea consisting of the islands of Grenada, Carriacou, Petite Martinique and a few smaller islands.

Grenadians celebrate their Independence Day since 1974 on 7 February.

Key facts

Capital: St. George’s.

Government: Unitary two-party parliamentary system under a constitutional monarchy.

Monarch: Elizabeth II.

Official language: English.

Major religion: Christianity.

Population: 107,300 (2016).

Membership: Commonwealth, Caribbean Community (CARICOM), Organisation of Eastern Caribbean States (OECS), Organisation of American States (OAS).

Currency: Eastern Caribbean Dollar (XCD), pegged to the US dollar.

Geography and climate

Area: 344 km2.

Climate: Tropical, with hot and humid rainy season and cool dry season.

Air temperatures: average 24°C.

Tourist attractions

  • Unspoilt and exotic nature and landscapes
  • Hidden coves and mountain peaks
  • Spice plantations and lush verdant rainforests
  • Idyllic beaches and famous waterfalls
  • Cultural and historic heritage
  • Music and Chocolate festivals
  • Friendly people

Economy

In the last twenty years, Grenada’s economy has shifted from agriculture to the provision of services.

Tourism sector has been booming in the recent years, mainly due to foreign direct investments. Foreign entrepreneurs can clearly see the unspoilt and pure attraction of Grenada which is why they choose to invest in tourism and related sectors. Tourism is a leading foreign-currency earner which contributes to solving economic problems.

The Grenada islands are of volcanic origin with extremely rich soil. The fact that Grenada is located on the edge of the hurricane belt keeps the country save from regular damage that hurricanes can cause to the economy.

Agricultural sector. Major products to be exported to the United States, Switzerland, Germany, the Netherlands, Canada and other countries include nutmeg, mace, cloves, and cinnamon, cocoa beans, fish, and wheat flours. Exported fruits and vegetables include bananas and citrus fruits.

Benefits for investors

  • Citizenship for life for the whole family
  • Dual citizenship
  • Social and political security
  • Visa-free access to many countries worldwide, including China
  • Highly educated English-speaking workforce
  • Tax benefits: no wealth, foreign income, capital gains, gift and inheritance tax
  • No restriction on the repatriation of profits and imported capital
  • Corporate tax incentives, full exemption from import duties, tax relief benefits, and export allowance
  • Duty-free trading in the Caribbean

Citizenship by Investment Program

The Grenada’s Citizenship by Investment Programme (CIP) was established in 2013 under the ‘Grenada Citizenship by Investment Act, 2013’. Foreign investors and their families are offered permanent residence and citizenship of Grenada in exchange for their investment in the economic development and growth of the country.

Anyone that makes one of the proposed investments may be qualified to obtain the Grenadian passport. The Government of Grenada values its image and reputation and only grants citizenship to individuals who are truly deserving of that honour, who have no criminal records and do not pose national security risk.

Second passport with Imperial & Legal

Imperial & Legal will help you get a second passport of Grenada within the shortest time and at a minimum cost.

We have a team working in London and on the island that will assist you during the whole process, from selecting a real estate for investment, collecting documents and filling in all required applications to obtaining a passport.

We guarantee quality, reliability, professionalism and complete confidentiality.

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+44 (0)203 490 41 21

115 Baker Street
London, W1U 6RT