If you have a limited budget, your only option would be a one-off non-refundable donation to the government fund. Your total investment and costs will amount to $158,000 (all non-refundable) where:
$150,000 – donation;
$8,000 – application and other fees.
For the sake of comparison: you will need more money to buy a property in Grenada – from $408,000 for a single investor. However, you will be able to return $350,000 in 3 years by selling your property. Total non-refundable amount will be only $58,000 because:
Property prices will increase in 3 years.
You will be getting regular rental income from your property until you sell it.
It is obvious then that the best option for a well-to-do single applicant is to invest in a Grenada passport by buying a share in an off-plan hotel or spa centre as it will be possible to recover the biggest chunk of money after three years.
Imperial & Legal team of experts will provide full legal support in your Grenada citizenship by investment application, including finding an investment property and a reliable property management company.