Comparison of Grenada & St Kitts and Nevis passports
Grenada and St Kitts and Nevis are countries with the most advanced economies in the Caribbean. Many entrepreneurs get second passports of these states to develop their international businesses. Wealthy people obtain citizenship for worldwide visa-free trips.
Find out about the conditions of the government programs for wealthy people who invest in Grenada and St Kitts and Nevis’s economies.
Author •Lyle Julien
Comparison of Grenada & St Kitts and Nevis passports
What do Grenada or St Kitts passports give to investors?
Investors choose Grenada or St Kitts and Nevis passports based on their benefits and the conditions for obtaining them. If these passports are obtained by investing, they will sometimes be called Grenada or St Kitts Golden Visas.
Visa-free travelling. Grenada and St Kitts and Nevis passports allow investors to travel to at least 140 countries visa-free, including the Schengen Area and the UK. Also, Grenada citizens have a rare opportunity to visit China freely.
We list which countries have St Kitts and Nevis passport access and visa-free countries for Grenada passport holders. Unless a country is on the list, Grenada or St Kitts and Nevis citizens have to obtain a visa.
For your convenience, in the table below, we highlighted countries with ❌ and ⚠️:
❌ means different entry conditions. For example, Grenada citizens have to get a visa, but St Kitts and Nevis’s don’t, or the other way round.
⚠️ means countries with slightly different entry conditions. For example, Grenada citizens enter a state visa-free, and St Kitts and Nevis’s get visas on arrival or electronic visas.
Europe
North America
South America
Asia
Oceania
Africa
Long-term visas to the USA. Grenada and St Kitts and Nevis citizens can get B‑1/B‑2 visitor visas to the US quickly, in two to four weeks.
The visa holder enters the States and journeys through the country. They can attend events and conferences and meet with business partners. Also, investors can get medical treatment in the US without a special temporary permit if the treatment lasts up to 180 days.
Grenada citizens qualify for the E‑2 visa to move to the US. They invest in any company to obtain visas. The law doesn’t determine the minimum investment but, in practice, usually is up to $100,000. Holders of E‑2 visas enter the US unlimited times, live in the country with their families, and conduct business.
Relocation. Investors and their family members participating in St Kitts and Nevis and Grenada CBI programs can relocate to the country of second citizenship anytime, even with closed borders. They have the right to live, work, and study there without special resident permits.
Validity of Grenada and St Kitts and Nevis passports
Passport renewal is a civic duty in any country, and Grenada and St Kitts and Nevis citizens renew their passports every 5 or 10 years.
Time frames for renewal of Grenada and St Kitts and Nevis passports are the following:
5 years for all Grenada citizens and St Kitts and Nevis citizens under 16;
10 years for St Kitts and Nevis citizens who are 16 or over.
Investors apply to government departments in the countries or at the nearest countries’ consulates two months before the passport expiration. Also, program participants can renew their documents through licensed agents, for example, Immigrant Invest.
Documents for a passport renewal are the following:
an expiring passport;
a naturalisation certificate;
a birth certificate;
a certificate of no criminal record;
photos for a new passport.
Investors pay passport fees of $105 for Grenada citizens and $361 for St Kitts and Nevis’s.
Individual cost calculation for Grenada citizenship
Comparison of Grenada and St Kitts taxes
If a passport holder stays in the country for 183 days or more, they have to get a tax ID and become a tax resident of the state. To get a tax ID, the investor applies on the tax office website; the application processing takes about two weeks.
Grenada and St Kitts and Nevis tax residents don’t pay taxes on dividends, interest, and royalties. St Kitts and Nevis property tax rates are higher than Grenada’s, but there is no income tax in St Kitts and Nevis. So the investors cut their tax payments.
Comparison of rates for tax residents
Conditions of Grenada and St Kitts and Nevis CBI programs
Costs. Citizenship programs of St Kitts and Nevis and Grenada are similar. Each has two popular investment options: a non-refundable contribution to a state fund of at least $150,000 and a real estate purchase of at least $200,000.
Program participants can return the property investment after 5 years of ownership under the Grenada program and after 7 years under St Kitts and Nevis’s.
The Grenada program has only two options, but St Kitts and Nevis has four. Besides contributing and buying property, it offers to invest at least $250,000 in social facilities. This option is non-demanded.
Time frames. Passport obtaining time frames depend on the main program stage, 一 Due Diligence.
The CBI unit of the Grenada program performs the strongest check in the Caribbean; it lasts 4 to 6 months. Due Diligence under the St Kitts and Nevis program is faster and lasts 6 months.
How does Due Diligence under the Grenada program go?
Under the Grenada program conditions, investors must pass bank clearance. The CBI unit won’t approve the citizenship application if they don’t.
Investors prove the legality of their income sources and that the money is not credited to Grenada from a sanctioned bank.
Diji, an investor from Nigeria, had filled out a banking form in which he had indicated all his sources of income and assets. The form was presented to the Grenadian bank for a clearance procedure.
Terms for relatives. Investors are eligible to add their relatives to a second citizenship by investment program. The principal applicants submit relatives’ documents before or after getting passports. In the second case, investors apply two times: at first, they contact a licensed agent for themselves and then once more for relatives.
Grenada and St Kitts and Nevis programs have age limits for investor’s family members, except for spouses:
under 30 一 for children who participate in Grenada program;
under 25 一 for unmarried children and siblings who participate in the St Kitts and Nevis program;
over 55 一 for parents and grandparents;
over 18 一 for unmarried siblings who participate in the Grenada program.
Adding relatives raises the investment volume. Applying for relatives gets less expensive if it takes place simultaneously with the principal applicant, not after them.
Individual cost calculation for St Kitts and Nevis citizenship
How to get St Kitts and Nevis passport or Grenada’s
The time frames of any citizenship program depend on Due Diligence that the CBI unit conducts.
Grenada’s Due Diligence is the strongest of all Caribbean programs. Investors confirm all their incomes and assets, and participants of the St Kitts and Nevis program only confirm the legitimacy of the investment money.
A unique set of documents is prepared for each investor. It depends on their financial histories and families’ composition.
Preliminary Due Diligence
The investor contacts Immigrant Invest, a licensed agent of Caribbean CBI programs. Our Anti-Money Laundering Officer conducts a preliminary Due Diligence. This step allows lawyers to identify the rejection risks.
The investor contacts Immigrant Invest, a licensed agent of Caribbean CBI programs. Our Anti-Money Laundering Officer conducts a preliminary Due Diligence. This step allows lawyers to identify the rejection risks.
Preparation of documents
Lawyers collect documents: recommend which ones to prepare, get originals from the investor, translate and notarise them, and fill out government forms. Also, lawyers prepare affidavits 一 detailed explanations of the investor’s biography. The document set is submitted to the CBI unit.
Lawyers collect documents: recommend which ones to prepare, get originals from the investor, translate and notarise them, and fill out government forms. Also, lawyers prepare affidavits 一 detailed explanations of the investor’s biography. The document set is submitted to the CBI unit.
Due Diligence
The CBI unit performs Due Diligence. St Kitts and Nevis’s Due Diligence is faster than Grenada’s, which may last up to 6 months.
If the CBI unit has any questions, it will ask for more information. In this case, the check may take longer. Therefore, it is important to prepare a qualified affidavit: it reduces the probability of additional enquiries to a minimum.
The CBI unit performs Due Diligence. St Kitts and Nevis’s Due Diligence is faster than Grenada’s, which may last up to 6 months.
If the CBI unit has any questions, it will ask for more information. In this case, the check may take longer. Therefore, it is important to prepare a qualified affidavit: it reduces the probability of additional enquiries to a minimum.
Investment terms fulfilment
The CBI unit notifies Immigrant Invest about approving the application. Then the principal participant fulfils the investment conditions of the program. St Kitts and Nevis’s CBI unit gives 90 days for it, and Grenada’s time frames are 30 days.
The CBI unit notifies Immigrant Invest about approving the application. Then the principal participant fulfils the investment conditions of the program. St Kitts and Nevis’s CBI unit gives 90 days for it, and Grenada’s time frames are 30 days.
Getting passport
The investor confirms the fulfilment through Immigrant Invest. After that, the naturalisation certificates and passports for the investor and the relatives are issued. Participants get the documents at the agent’s office or by delivery service.
The investor confirms the fulfilment through Immigrant Invest. After that, the naturalisation certificates and passports for the investor and the relatives are issued. Participants get the documents at the agent’s office or by delivery service.
Grenada and St Kitts and Nevis: what sort of countries are they?
The islands of Grenada, St Kitts and Nevis are part of the Caribbean. Air and water temperature fluctuates between +25℃ and +30℃ all year round. The low season lasts from May to November; it’s rainy.
The best season to visit the Caribbean is winter: many national fests, carnivals, and regattas take place at that time. Wealthy people from the UK, the US, Canada and the EU often spend the New Year holidays there.
Among the safest countries in the Caribbean, St Kitts is a country with a medium safety level; thus, wealthy people rest there securely.
Grenada and St Kitts and Nevis have advanced economies among Caribbean states. The national currency is the Eastern Caribbean dollar which always costs 37 US cents.
Checklist for investors who compare and choose between Grenada or St Kitts and Nevis citizenship
Citizenship programs of Grenada and St Kitts and Nevis are similar. To help you choose the second passport by investment, we highlight the main points:
To travel to China often or to relocate to the US, you’d better participate in the Grenada program. The country’s passport allows you to visit China visa-free for 30 days and get an E‑2 business visa to the US. Otherwise, Grenada and St Kitts and Nevis passports offer similar opportunities for travelling.
To cut expenses on a second passport, you may calculate the costs of both programs. Most likely, investments and fees under the St Kitts and Nevis program will be lower than under Grenada’s. But the final amount depends on the investor’s family composition and the investment option.
Immigrant Invest is a licensed agent for citizenship and residence by investment programs in the EU, the Caribbean, Asia, and the Middle East. Take advantage of our global 15-year expertise — schedule a meeting with our investment programs experts.
Practical Guide
Compare the Caribbean and Vanuatu citizenship by investment programs
- Master the residency process
- Get expert tips and documents
- Estimate costs accurately
Frequently asked questions