Returning Nationals Programme

 

 

What is the Returning Nationals Programme?

 

The Returning Nationals or “Welcome Home Programme”, as is officially called, is an incentive package for Grenadian nationals who are returning from living abroad to permanently reside in Grenada.

 

The package involves the establishment of a ‘one-stop’ Retuning Nationals Facility Bureau in the Ministry of Finance.  This means that the Customs and Immigration Departments will no longer process applications for retuning nationals.

 

This incentive was introduced in December 2002 after it was announced by the Honorable Minister of Finance of Grenada, Hon. Anthony Boatswain, in his 2003 Budget Speech.

 

The Returning Nationals or “Welcome Home Programme”, as is officially called, is an incentive package for Grenadian nationals who are returning from living abroad to permanently reside in Grenada.

 

The package involves the establishment of a ‘one-stop’ Retuning Nationals Facility Bureau in the Ministry of Finance.  This means that the Customs and Immigration Departments will no longer process applications for retuning nationals.

 

This incentive was introduced in December 2002 after it was announced by the Honorable Minister of Finance of Grenada, Hon. Anthony Boatswain, in his 2003 Budget Speech.

 

 

What are the Benefits?

 

 

- “One-stop” facilitation bureau for processing applications.

 

- 100 percent exemption on all household and personal effects, whether new or used, up to EC$75,000.00

  

- 50 % on one (1) personal vehicle (Specify).  The exemption will be valid for three (3) years, the duties and taxes will be payable on the expired term of the exemption. 

  

- Returning Nationals can purchase vehicles locally if so desired.

  

- In respect to the  environmental levy—vehicles 1-5 years will attract a 2% CIF and vehicles over 5 years will attract a 30% CIF.

  

- Tax incentives for setting up business.

 

 

PS: Customs service charge of 6% is applicable on all imports under this new programme!

 

 

 

Who is Eligible?

 

Grenadian nationals who have been residing abroad continuously for seven years and have decided to return to Grenada on a permanent basis.

 

 

Proof of Eligibility

 

Includes but not limited to:

 

- Valid Passport

 

- Proof of nationality

 

- One way ticket to Grenada

 

- Retirement letter

 

 

 The Process:

 

Contact bureau to make appointment with:

 

 

- Relevant proof of eligibility

 

 

- Packing list of all items shipped (to be shipped) to Grenada.  The value of the items must be included

 

 

- Collect letter and proceed to Customs to clear personal belongings

 

 

- Claims must be three (3) months  before or after returning  to Grenada

 

 

- Report to Customs/Bureau on an Annual Basis

 

 

NB: Persons can claim only ONCE under the programme.

 

General Information

The Bureau is located on the top floor of  Building No. 4 of the Financial Complex (on the Carenage).

Contact: Mrs. Rosalie Telesford

               Ms. Maudlyn Grey

Telephone nos.:(473) 440-5883/2731

                          Ext.: 1103/1105