GRENADA Beach House by Silversands
The Grenada Beach House by Silversands Citizenship by Investment Program is for investors and applicants looking to obtain alternative citizenship and wish to invest in a luxury property in Grenada. The program involves investing in Beach House by Silversands, a luxury boutique hotel on Portici Beach. This program requires a financial commitment of at least USD 220,000. Successful applicants are granted Grenada citizenship for life.
Minimum Investment: USD 220,000
Grenada Citizenship Advantages
- Citizenship for life, applicable for future generations
- Dual citizenship is permitted
- Dependents included:
- Spouse
- Children under 30 years old
- Parents and Grandparents of any age
- Siblings of the main applicant or spouse that are over 18 years old, single and with no children
- Travel visa-free to over 140 countries (Inc. UK, EU, Russia & China)
- No language requirement
- Enables investors to apply for the USA E-2 Visa
- No country restrictions
- No residency requirement
- No education or management experience required
- Ability to live, work and settle in any other member of the CARICOM countries
Investment in Beach House by Silversands
- Luxury boutique hotel on Portici Beach with stunning sunset vistas
- 31 rooms, each uniquely designed with distinctive canopies
- Investors can purchase a qualifying share of ownership
- Investment Sum is 220,000
- Completion expected in 2022
- Unique automatic return of full investment amount after 5 years
- Developer Ora Caribbean has a proven track record without outstanding projects completed around the world
- Entitled to 1 week of free personal use per year at the Silversands Origin flagship development on Grand Anse Beach
- Member of the Leading Hotels of the World Virtuoso property
Grenada Citizenship Requirements
- Be over 18 years old
- Have no criminal record
- Make a qualifying investment
- Complete a medical examination
- Apply through an Authorized Agent
Process (between 4-8 months)
- Payment of application, deposit and due diligence fees
- Completion of Due Diligence process
- Submit the completed application forms and required documents
- Submission to Grenada Bank for financial approval
- The Citizenship by Investment Committee gives its decision within 60 business days from the date of formal application submission
- Transfer of the investment amount to Grenada
- Issuance of Grenadian citizenship documents and passports within one month after written approval is received
The present document is intended for guidance and general information only and does not constitute or purport to provide you with legal advice. Such information is subject to changes without notice. Each case is unique and depends on the facts and circumstances of the individual and due consideration should be taken if applying the general information to your personal situation. For an evaluation of your personal circumstances one of our legal team would be happy to assist.