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Why Egyptians Should Choose Grenada Citizenship by Investment

Why Egyptians Should Choose Grenada Citizenship by Investment

Since the fall of Hosni Mubarak in 2011, there has been a marked increase in the number of Egyptians seeking to migrate to other countries. This trend can be largely attributed to the political and economic instability that has beset Egypt in the years since Mubarak's ouster. As a result, many Egyptians are seeking to escape the high levels of poverty and unemployment that have become commonplace in their home country. Additionally, many Egyptians are seeking to take advantage of the opportunities available in other countries, particularly in Europe and North America.

But however, as a holder of an Egyptian passport, moving to these countries requires a visa or a passport that will grant you and your family permanent residence. How can you break free from this hassle? The answer is simple: acquiring a second passport and dual citizenship in a country with a better passport ranking that will enable you to travel the world however you want.

Here at CTrust Global, an authorized Citizenship-by-investment agent for the Caribbean countries, we will share all the details on how Egyptians can acquire a Grenada passport and citizenship.

Grenada as a country

Grenada is a small Caribbean island country that is quickly becoming a popular tourist destination. With its white-sand beaches, crystal-clear water, and lush green hills, it's easy to see why. But there's more to Grenada than just its natural beauty. The island also has a rich culture and history, which you can explore in the capital city of Saint George's or one of the smaller villages. There are also plenty of activities to keep you busy, from sailing, and snorkeling to waterfall hikes and more.

Grenada passport Vs Egyptian passport

At the 33rd position, the Grenada passport sits atop Egypt which currently ranks in the 92nd place with visa-free access to only 52 countries, while the passport from the Caribbean country reigns supreme with visa-free access to 144 countries. This puts Grenada among the countries with a strong passport status, giving its citizens the travel freedom to tour around the world. With Grenada Passport, you have visa-free and visa-on-arrival access in countries such as China, Malaysia, the United Kingdom, EU countries, and more.

So as an Egyptian, if you want to experience the luxury of acquiring a strong passport, consider Grenada your best option.  

Why should Egyptians consider the Grenada passport?

The question of why Egyptians should consider a Grenada passport isn’t a complex one that does not have clear reasons. Starting with the passport, holders of Egyptian passports have a limit to the countries with which they can visit visa-free. While the Egyptian passport can allow you to travel to 52 countries with a visa, acquiring the passport of the Caribbean country will add more edge to your traveling freedom. Below are more reasons why you should get a Grenada passport if you are a citizen of Egypt.

  • Visa-free travel to over 144 countries

The world has a lot to discover and learn. And for Egyptians looking to explore more of the world, acquiring a Grenada passport is a great opportunity. No more queuing at the embassies to submit visa applications. With a Grenada passport, you can visit the EU, Schengen countries, and much more, freely.

  • Enjoy tax freedom in the Caribbean country

With the Grenada passport, it’s time to say goodbye to your tax burden. You can set up a business in Grenada and enjoy tax freedom

  • Fly the world with family members

The opportunity you’ve all been looking for is now in your hands. Whether with family or solo, discover and enjoy the world.

  • Breakout from the incessant political and economic instability

Nobody likes a political system or an economy that does not favor the common man. Acquiring a Grenada passport is certainly an opportunity to escape from the shells of political and economic burden.

  • Opportunity to get the US E-2 Treaty investor visa

As the only Caribbean country with an E-2 Treaty Investor Visa with the United States, holders of Grenada passport can invest and run a business in the US

  • Low crime rate

With a low crime rate, you can enjoy the Caribbean country without worrying about security for yourself and your children. 

  • Strong and stable economy

Grenada has a good and stable economy, so you won’t worry about your investment.

  • A better opportunity for your children

Dual citizenship has many perks. You can receive the benefits and privileges offered by each country you are a citizen of, if the law permits. Access to the two social services systems of the countries, and be able to vote, as well as run for office. Your children are also not exempted.

Different ways that Egyptians can acquire a Grenada passport and citizenship

To obtain a Grenada passport or become a citizen of Grenada, there are two options that holders of Egyptian passports can consider.

  • A contribution to the Grenada Transformation Fund (NTF)
  • Real Estate Investment
  • Grenada National Transformation Fund

The Grenada Transformation Fund was introduced in 2013 to aid in the sustainable growth and development of the economy of the Caribbean country. For Egyptians to acquire the Grenada passport through the National Transformation funding program, you must make a non-refundable donation of at least $150,000.

See a detailed breakdown of the donation below:

Single ApplicantUS $150,000
Main applicant and SpouseUS $200,000
Family up to four membersUS $200,000
Any additional dependent after the third dependentUS $25,000

Extra fees and Due diligence

Due DiligenceUSD 5,000 per person 17 and over
USD 0 for dependents 0 to 16
Application feeUS $1500 per person
Passport feeUS $250 person
  • Grenada Real Estate Investment

Egyptians interested in obtaining a passport through the Grenada Citizenship by Investment real estate program are required to invest a minimum of $220,000 in government-approved real estate. Unlike the National Transformation Fund program for which the donation is non-refundable, the real estate program comes with the benefit of recovering your investment by reselling the real estate after 5-years.

Below is the breakdown of extra charges for government processing fees:

Main applicant + Spouse + 2 ChildrenUSD $50,000
Additional dependentsUSD $25,000
Application feeUSD $1,500 each
Application fees for dependents under 18-yearsUSD $500 each

How long can it take an Egyptian to acquire a Grenada passport?

It takes just about 3 to 4 months to obtain the Grenada passport but depending on unforeseeable circumstances, the process can take up to 6 months.

What is the Validity of a Grenada passport?

The Grenada passport is valid for 5-years but can be renewed thereafter.

General eligibilities for Egyptians getting a Grenada passport

  • No criminal record
  • Must have excellent health
  • Be of outstanding character
  • No false information
  • Be above 18-years old
  • Must invest in Grenada or donate to the Grenada government transformation funding program

Can I recover my money after investing in Grenada?

The answer is YES! The Grenada real estate allows you to resale the property after 5-years.

Steps to take in order to apply for a Grenada passport

  • Contact us or fill out our form below and we will get in touch with you
  • To move forward, we will set up a meeting with you to discuss further
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