Comparison of Grenada & St Kitts and Nevis passports

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.

Terms of Caribbean CBI programs

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.

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.

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.

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.

Caribbean taxes for individuals and companies

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.

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.

Diji, 67 years old

Owner of veterinary clinics in Nigeria

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.

Learn a case

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 of the St Kitts and Nevis citizenship

Get the cost calculation

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.

St George’s is the capital of Grenada, with a population of over 40,000. The French built the town in 1650; it’s surrounded by rainforest and white-sand beaches

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:

1. 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.

2. 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.