Pakistani citizens looking to acquire dual citizenship now have an exciting opportunity with the Grenada Citizenship by Investment Program. Launched in August 2013, this initiative provides a streamlined pathway to a second passport for individuals meeting specific eligibility criteria.
What Makes Grenadian Citizenship Attractive?
Grenada’s Citizenship by Investment Program offers numerous benefits. Successful applicants gain visa-free or visa-on-arrival access to over 140 countries, including major destinations like the United Kingdom, China, and the European Schengen Area.
Grenada also holds a unique position as the only Caribbean country with an E-2 Investor Visa Treaty with the United States, allowing Grenadian citizens to apply for non-immigrant visas after three years of residency. Additional perks include no restrictions on dual citizenship and the ability to transfer citizenship to new spouses and future generations.
Eligibility Requirements for Pakistani Applicants
To qualify, applicants must meet these conditions:
- Be at least 18 years old.
- Pass a comprehensive due diligence process.
- Choose one of two investment options:
- National Transformation Fund Donation
A non-refundable contribution of $235,000 for individual applicants or families of up to four. - Real Estate Investment
Purchase government-approved real estate worth $270,000, plus an additional non-refundable fee of $50,000.
Additional Features
Grenada stands out for its favorable policies:
- No minimum residency requirements.
- Tax-free status on capital gains and inheritance.
- Simplified global income taxation for residents.
Visitors to Grenada can enjoy visa-free stays of up to 90 days, with the only requirement being a passport valid for six months.
