Industry News

Grenada compliments its agents

Grenada compliments its agents

In an increasingly competitive environment, the Caribbean countries running a citizenship by investment program are putting more and more emphasis on improving the operational efficiency of their legislation. In the past year, we have seen the Grenadian government work very hard to make its program one with best practices at its core.

The administration has just announced a few more changes, which are expected to further simplify the process of applying for the program:

  • The HIV test has been waived for applicants under 12 years of age, where the applicant’s biological mother must submit such results even if she is not taking part in the application.
  • Newborn children can now be included in the citizenship of a principal applicant with a processing fee of US$500, provided that the child was born within 12 months of the granting of citizenship.
  • Dependent children over the age of 16 will be subject to due diligence checks with an applicable fee of $5,000.
  • Applicants who have been denied citizenship in another Caribbean jurisdiction will not be eligible to apply.

 

With this move, Grenada is ensuring an eased process while at the same time securing the level of transparency and security when processing applications.

Get more details about the Grenada Citizenship by Investment program.


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