Last reviewed on August 9, 2024
Grenada Citizenship
Visa-free travel across the globe and the opportunity to get an E‑2 business visa to the USA
$235,000+
Investment amount
8+ months
Obtaining period
5 years
Real estate
investment return
To acquire Grenada citizenship, investors choose one of two available investment options:
Non-refundable contribution to the National Transformation Fund — $235,000+.
Government-approved real estate purchase — $270,000+. The investment can be returned in 5 years.
Under the Grenada citizenship program, requirements for investors don’t include language proficiency tests, history exams or visiting the country.
Investors’ family members can also get passports under the CBI program. The list of qualifying relatives includes spouses, children, parents, grandparents, and siblings.
The Grenada citizenship by investment program was launched in 2013. The Grenada Citizenship by Investment Act No. 15/2013 provides the program rules.
Benefits of Grenada citizenship
1
Visa-free travel
Grenada citizens enter 148 countries without visas, including the UK, the Schengen states, Singapore, and Hong Kong. A visa-free stay in China is up to 30 days.
Grenada citizens enter 148 countries without visas, including the UK, the Schengen states, Singapore, and Hong Kong. A visa-free stay in China is up to 30 days.
2
E‑2 business visa to the USA
Grenada citizens can qualify for an E‑2 visa to the USA, allowing them to live and work there. Applicants establish or buy a business in the United States.
The minimum investment amount for the E‑2 visa isn’t stipulated, but at least $100,000 is usually required.
Grenada citizens can qualify for an E‑2 visa to the USA, allowing them to live and work there. Applicants establish or buy a business in the United States.
The minimum investment amount for the E‑2 visa isn’t stipulated, but at least $100,000 is usually required.
3
10-year US tourist visas
Cosmopolitans with a Grenada passport can get a B‑1/B‑2 visitor visa to the USA. It allows the holder to travel around the country, attend business meetings, and get medical treatment in American clinics for up to 180 days a year.
Cosmopolitans with a Grenada passport can get a B‑1/B‑2 visitor visa to the USA. It allows the holder to travel around the country, attend business meetings, and get medical treatment in American clinics for up to 180 days a year.
4
Registration of a company abroad
Investors often register international companies in Grenada to reduce tax payments and avoid currency control restrictions in transactions with foreign partners. Moreover, it helps protect the investor’s privacy as the personal data of the beneficial owner isn’t entered into the commercial register.
Investors often register international companies in Grenada to reduce tax payments and avoid currency control restrictions in transactions with foreign partners. Moreover, it helps protect the investor’s privacy as the personal data of the beneficial owner isn’t entered into the commercial register.
5
Tax optimisation
Grenada doesn’t tax individuals on global income, dividends, interest, or royalties from other countries. There are no taxes on inheritance, capital gains, and stamp duty. Companies follow different rules but are still more beneficial in Grenada than in many other countries.
Grenada doesn’t tax individuals on global income, dividends, interest, or royalties from other countries. There are no taxes on inheritance, capital gains, and stamp duty. Companies follow different rules but are still more beneficial in Grenada than in many other countries.
6
Second home in Grenada
Living by the sea in a warm climate is available to investors with Grenada passports. They may reside in the country, spend vacations or create a “safe haven” there.
Living by the sea in a warm climate is available to investors with Grenada passports. They may reside in the country, spend vacations or create a “safe haven” there.
7
Easy and secure route to a second passport
Investors don’t pass exams or reside in the country to get a Grenada passport. The procedure is entirely remote, pretty fast, and confidential. The investment is made only after the application is approved.
Investors don’t pass exams or reside in the country to get a Grenada passport. The procedure is entirely remote, pretty fast, and confidential. The investment is made only after the application is approved.
8
Citizenship for the entire family and future generations
Spouses, children, and parents may acquire citizenship alongside investors. Citizens’ children inherit the status.
Spouses, children, and parents may acquire citizenship alongside investors. Citizens’ children inherit the status.
Guide to obtaining Grenada citizenship
Step-by-step procedure
Requirements for applicants
Required documents
Answers to frequently asked questions
Who can get Grenada citizenship?
Investment options for Grenada citizenship
Grenada offers applicants two options: a non-refundable contribution to the National Transformation Fund and a real estate purchase.
1 option
Non-refundable contribution — $235,000+
Applicants who obtain Grenada citizenship by donation to the National Transformation Fund (NTF) should note that it is non-refundable. The NTF finances local projects in various industries, including tourism, alternative energy, and agriculture.
2 option
Real estate purchase — $270,000+
Investors can buy properties in full ownership or shares. Not any property is suitable: only state-approved for the program.
The investment amount in real estate is $270,000 for a share purchase if:
the tourism real estate project is approved by the Government of Grenada;
at least two people invest in the project;
the total sum of joint investments in the project is no less than $440,000.
Purchasing an approved property in other cases requires at least $350,000.
The exact amount of the share registration fee depends on the chosen real estate.
Applicants may sell their properties five years after obtaining a passport.
Expenses for a family of 4
The spouses and two children aged 7 and 19
Individual cost calculation for Grenada citizenship
Get an individual calculation for your family with all associated costs and government fees
Real estate under the Grenada citizenship by investment program
Grenada, Morne Rouge
35 m² — 93 m²
1 
1 
Why do applicants need a licensed agent’s help?
The Grenada law prohibits investors from applying for citizenship by investment on their own. The applicant must contact a licensed agent to participate in the Grenada citizenship by investment program. The licensed agent is a consulting company that assists applicants at every stage of obtaining citizenship.
Immigrant Invest is a licensed agent of the Grenada Citizenship Program.
Step-by-step procedure for obtaining Grenada citizenship
1 day
Preliminary Due Diligence
Immigrant Invest has its own Compliance Department. Certified Anti Money Laundering Officers check investors’ documents. They are familiar with the nuances of Due Diligence in different countries and search for risks in the applicant’s personal or business background that may lead to rejection in obtaining Grenada citizenship.
The preliminary Due Diligence check reduces the rejection risk to 1%. The check is confidential. The investor needs to provide only their passport.
Pass a quick test and learn the nuances that can prevent you from obtaining a second citizenship.
Take a short anonymous test and learn more about the nuances of Due Diligence checks
2 to 4 weeks
Preparation of documents
Immigrant Invest lawyers draw up a list of required documents based on the program requirements and preliminary Due Diligence results. The list includes personal documents and financial records. For example, passports, certificates, and bank statements.
The responsible lawyer guides the applicant through the document collection and certification process, prepares government forms and draws up written statements or affidavits as required. Once the application is ready, it is submitted to the Investment Migration Agency (IMA) of Grenada.
3 to 6 months
Due Diligence and application processing
IMA begins the Due Diligence check after receiving the required documents.
Processing of applications may take between 3 to 6 months. Sometimes, additional requests can be issued by IMA during the Due Diligence stage. For example, IMA may ask for additional documents or clarifications.
The investor and their family members aged 17 and over must attend an interview as part of the application process. The interview fee is $1,000 per person, paid at the submission stage. The interview can be conducted in English or the applicant’s preferred language.
Up to 1 month
Approval and fulfilment of the investment condition
IMA informs Immigrant Invest when the application is approved. Once the notification is received, the investor must fulfil the investment condition: contribute to the state fund or finalise the real estate purchase. The investment must be made within 30 days.
4+ weeks
Getting a passport
A passport and a naturalisation certificate are normally issued within 4+ weeks after the investment conditions have been fulfilled.
Other ways to become a citizen of Grenada
By naturalisation. Foreigners can get Grenada citizenship if they reside there for a certain period. That means they lived in the country for 12 months immediately preceding the date of their application and for at least 5 years within the last 7 years before applying.
By marriage. A foreign person married to a Grenadian citizen can apply for citizenship by registration. It doesn’t matter whether a foreigner’s spouse obtained their Grenadian passport by birth or naturalisation.
By birth and descent. Any person with at least one Grenadian parent can obtain Grenada citizenship. It applies to both people under and over 18. Adopted minors get citizenship if at least one of their adopters is a Grenadian.
Case studies
Grenada
Grenada
Grenada
Frequently asked questions
140+ visa-free countries for Grenada citizens
Articles and news
Taxes in Grenada
Albert Ioffe