Real Estate & Second Passport in Grenada

Levera Beach Resort Grenada

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Overview

Ecological, naturally beautiful, dynamic and bright, energetic and rich with the unique Caribbean culture, Grenada and Levera can become your home away from home.

Levera is a 375-acre hotel and residential development that will be constructed in four phases. Once put into operation, this luxury resort will feature boutique hotels, hotel cottages, private home sites, and villas. With restaurants, bars, beach clubs, pools, and more at your fingertips, you can relax and enjoy time with friends and family.

Levera is an approved project for the Grenada Citizenship by Investment Programme.

About This Unit - Model 1


Investment in an approved real estate development project


1 bedroom Seaside cottages start at US$350K; 1,400 sq. ft. for indoor and outdoor living space

Unit Photos

Floor Plans

investment

  • Developer Levera Trading Limited
  • Price $350,000.00
  • Type of Ownership Free Hold Title,Shares
  • Annual Days Usage 28
  • Reservation Deposit
  • Full Down Payment
  • Monthly Fees
  • Start Paying Fees
  • Stamp Tax %
  • Title/Closing Fees
  • Expected Roi 5%
  • Construction Progress Ground Broken%
  • Rental Pool Required
  • Number of Units
  • Units Available

Project Brochure


Program

Citizenship by Investment Program

The Grenada’s Citizenship by Investment Programme was launched in August 2013, when came into force the Grenada Citizenship by Investment Act, 2013. The Citizenship by Investment Act has been amended three times since then, being the last time on 2015. Under this program, individuals, and their dependents, making a donation or investing in real estate, may become Grenadian citizens.
  • dual citizenship Yes
  • Family members included Yes
  • land ownership Yes
  • Physical residence required No
  • Personal visit required No
  • Language skills required No
  • Interview required No
  • Investment Single $350,000
  • Investment Family 4 $350,000
  • Minimum annual income -
  • Time to citizenship 2
  • Time to permanent residency
  • Visa-free countries 124
  • Financing available No

Fees

government fees main applicant $50,000
due diligence fees main applicant $5,000
processing fees main applicant $1,500
passport fee $105
other fees $1,500 (Application fee) $1,000 (PR Card) $20 (Oath of Allegiance)
total fees main applicant $59,125
due diligence fees spouse $5,000
processing fees spouse $1,500
passport fee $105
other fees $1,500 (Application fee) $1,000 (PR Card) $20 (Oath of Allegiance)
total fees spouse $9,125
due diligence fees dependents -18 $5,000 (16-18)
processing fees dependents -18 $500
passport fee $105
other fees $1,500 (Application fee) $1,000 (PR Card) $20 (Oath of Allegiance)
total fees dependent -18 $8,125 (16-17) $3,125 (under 16)
processing fees dependents 18-25 $1,500
passport fee $105
other fees $1,500 (Application fee) $1,000 (PR Card) $20 (Oath of Allegiance)
total fees dependent 18-25 $9,125
due diligence fees dependents +65 $5,000
processing fees dependents +65 $1,500
passport fee $105
other fees $1,500 (Application fee) $1,000 (PR Card) $20 (Oath of Allegiance)
total fees dependent +65 $9,125

Country details

Grenada
XCD
1473
St. George's
North America
English
107818
Grenada is a Caribbean country, member of the CARICOM and the Commonwealth. It is located in the Lesser Antilles, in the southeastern Caribbean Sea, north of Trinidad and Tobago, northeast of Venezuela, and south of Saint Vincent and the Grenadines.

It consists in the main island (Grenada) and a series of small islands, the southern Grenadines. With just 344 sq. km and a population of 109,000 inhabitants, it is the second smallest independent country in the Western Hemisphere (after Saint Kitts and Nevis). Its capital is Saint George. The official language is English. Its official currency is the Eastern Caribbean Dollar (XCD), pegged to the US dollar at a 2.71:1 ratio.

Visa Free Travel

With your new passport from Grenada you'll be able to access 124 countries visa free
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Documents Required

  • Certified copy of ID Card
  • Certified copy of passport
  • Medical Certificate
  • Original or Certified copy of Marriage Certificate (if applicable)
  • Original or Certified copy of Birth Certificate (if applicable)
  • Original Police Clearance Certificate
  • Original Bank Reference Letter (Not older than 6 month)
  • Six passport-size photos
  • Statement of Source of Funds
  • Photograph and Signature Certificate
  • Affidavit of support for Dependents
  • Real estate sales and purchase agreement
  • Proof of payment of nonrefundable processing and due diligence fees
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