🇬🇩 Money and business · Grenada
Breaking down the payment structure: where the money will come from
290 $
the most common hidden reason things “don’t work out”: status set up, but the payment fails and the account is never opened. We work through it until before the bank refuses — where does your enrollment, which status in your country removes the restriction, and what the bank will ask to see. Opening an account, however, is something nobody does not promise: the decision rests with the bank
We deliberately leave the price off the page: the final figure depends on your family composition, the pathway chosen, and current government fees — a single number would be misleading. A full cost breakdown is prepared during a consultation. The investment itself — the contribution to the state fund or the cost of an approved asset — is paid directly and is not included in the service fee. Background checks and biometrics: $1,000–2,000 per person, paid directly and non-refundable in case of rejection.
SVOY initial consultation — 100 $, credited toward the cost support. All services and packages in Grenada
How it works in Grenada
Accounts are opened at local banks; the source-of-funds check is strict, as elsewhere in the Caribbean. The currency is pegged to the US dollar. The company is registered through the registry with a local agent.
What we need from you to get started
- Passport and proof of address
- Proof of the origin of funds
- Reference letters from your previous bank
Where things most often go wrong
- —Applied without letters of recommendation
- —Assumed that citizenship automatically opens any bank account — bank checks separately
- —Registered the company without a local agent and address
Fees, processing times, and institutional requirements change several times per year, which is why they are not listed here: we verify and quote them as of the date of submission.
Service «Breaking down the payment structure: where the money will come from»
Leave your contact — that’s all we need; we’ll ask the rest ourselves. If you’d like, so we can prepare for the conversation in advance, please specify your request below.