Grenada Harmonizes CIP Age Limits and Affirms Unified Caribbean Rejection Policy

Grenada’s Citizenship by Investment Committee (effectively their CIU), has widened its definition of adult dependent to include any child of the main applicant or his/her spouse between the age of 18 and 30 and who “is otherwise dependent on the main applicant”.

The upper limit for adult dependent eligibility had until recently been 26 years of age, and Grenada’s policy change brings their requirement in line with the rest of the Caribbean programs.

Subject to a $5,100 fee, a child born to the main applicant within 12 months of filing the original application can now also be included in the same application upon applying to the Citizenship Investment Unit committee within 6 months of the birth of the child.

In a significant move that perhaps reflects a commitment to common vetting and information sharing practices among the Caribbean CIP-countries – laudable goals long hailed as necessary but which have proven slow to materialize – Grenada also announces that any applicant who has been denied Citizenship by Investment in another Caribbean jurisdiction will not be approved for citizenship in Grenada.

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Christian Henrik Nesheim AdministratorKeymaster

Christian Henrik Nesheim is the founder and editor of Investment Migration Insider, the #1 magazine – online or offline – for residency and citizenship by investment. He is an internationally recognized expert, speaker, documentary producer, and writer on the subject of investment migration, whose work is cited in the Economist, Bloomberg, Fortune, Forbes, Newsweek, and Business Insider. Norwegian by birth, Christian has spent the last 16 years in the United States, China, Spain, and Portugal.

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