Visa-free travel to 146 countries
and the E-2 business visa to the USA
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Calculate the cost
The Grenada citizenship by investment program was launched in 2013. The program rules are provided in the Grenada Citizenship by Investment Act No. 15/2013.
Investors contribute $150,000 to the state fund or buy real estate for at least $220,000 to obtain Grenada citizenship. Real estate investments can be returned in 5 years.
Investors don’t take language proficiency tests or history exams to get citizenship. They don’t have to come to Grenada at any step of obtaining citizenship or after it.
An investor’s spouse, children, parents and siblings can get passports under the program.
Grenada citizens enter 146 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 can qualify for an E-2 visa to the USA, which allows them to live and work in the country. Applicants establish or buy a business in the United States. The minimum investment amount isn’t, but at least $100,000 is usually required. Most foreigners can apply only for an EB-5 visa, which requires at least $800,000 of business investment.
Cosmopolitans with the Grenada passport can get a B-1/B-2 tourist 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.
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.
Grenada doesn’t have taxes on global income, dividends, interest or royalties received from other countries. There are no taxes on inheritance, capital gains, income and stamp duty. Companies follow different rules, but they are still more beneficial in Grenada than in many other countries.
Hong Kong
China
Malaysia
Singapore
Sri Lanka
+16 countries
Zambia
Cape Verde
Kenya
Seychelles
Tanzania
+21 countries
Austria
Belgium
United Kingdom
Germany
France
+40 countries
New Caledonia
Cook Islands
Solomon Islands
Fiji
French Polynesia
+7 countries
Barbados
Bermuda
Cayman Islands
Costa Rica
Jamaica
+20 countries
Argentina
Bolivia
Brazil
Colombia
Peru
+10 countries
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Fully financially dependent on the investor or their spouse
Fully financially dependent on the investor
Grenada offers applicants two options: a non-refundable contribution to the National Transformation Fund and a real estate purchase.
Applicants who choose to contribute to the National Transformation Fund should note that it is non-refundable.
| Investor | Married couple | Family of 4, excluding siblings |
Family of 5 or more people |
|
|---|---|---|---|---|
| Contribution to the fund | $150,000 | $200,000 | $200,000 | $200,000 + $25,000 per + $50,000 + $75,000 per |
| Due Diligence | $5,000 | $10,000 | $5,000 per family member over 17 |
$5,000 per family member over 17 |
| Other fees | $3,270 | $6,540 | $11,080+ | $15,620+ |
Investors buy shares in state-approved projects. The investor can sell the property in 5 years and return a part of the money spent on citizenship.
| Investor | Married couple | Family of 4, excluding siblings |
Family of 5 or more people |
|
|---|---|---|---|---|
| Real estate purchase | $220,000 | $220,000 | $220,000 | $220,000 |
| State fee | $50,000 | $50,000 | $50,000 | $50,000 + $25,000 per + $50,000 per + $75,000 per |
| Due Diligence | $5,000 | $10,000 | $5,000 per family member over 17 | $5,000 per family member over 17 |
| Other fees | $3,270 | $6,540 | $11,080+ | $15,620+ |
| Fund contribution | Real estate purchase | |
|---|---|---|
| Investments | $200,000 | $220,000 |
| State fee | — | $50,000 |
| Due Diligence | $15,000 | $15,000 |
| Other fees | $12,080 | $12,080 |
| Total | $227,080 | $297,080 |
Get an individual calculation for your family with all associated costs and government fees
Get the cost calculationThe 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.
Natalia Oganesyan
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
Evaluate your chancesEvaluate your chances of passing Due Diligence
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, including passports, certificates and bank statements.
The lawyers notarize the copies, fill out the required forms, and draw written statements or affidavits. They send the prepared documents to the Grenada CBI unit.
The Grenada CBI unit begins the Due Diligence check after receiving the required documents. The check takes 3 to 6 months.
Sometimes, questions may arise during Due Diligence. For example, the CBI unit may ask for additional documents or explanations. Immigrant Invest lawyers deal with these requests.
The CBI unit 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 purchase real estate. The investment must be made within 30 days.
A passport and a naturalisation certificate are issued within 4 weeks after fulfilling the investment condition. The investor receives the documents by courier at a convenient address.
Schedule a meeting at one of the offices or online. A lawyer will analyze the situation, calculate the cost and help you find a solution based on your goals.
Evgeniya Morozova
The investor’s spouse, children under 30, siblings over 18, and parents of any age are eligible to participate in the program. Except for the spouse, all adult family members must be financially dependent on the investor.
The family composition affects the cost. For example, a married couple with two children contributes $200,000 to the state fund, while a couple with three children and a 60-year-old grandmother contributes $250,000.
Find out the cost of participation in the Grenada citizenship program for your family.
The investment can be returned only in case of a real estate purchase. The contribution to the state fund is non-refundable.
An investor can sell the property in 5 years. The investor makes 2 to 5% per annum as rental income during the ownership period.
Investors can only buy government-approved properties, which usually are five-star hotels. The Government of Grenada monitors the developers to ensure that they complete the construction on time.
No, you can’t. The participation of a licensed agent is required by law. Only a licensed agent can apply to participate in the Grenada CBI program on the investor’s behalf.
Due Diligence is mandatory for all family members over 17 included in the application.
The applicant pays government fees, costs for legal services and document shipping.
The government fees include:
The total cost of participating in the Grenada CBI program depends on the number of family members included in the application and their specific situation. The costs are calculated individually.
Schedule a meeting at one of the offices or online. A lawyer will analyze the situation, calculate the cost and help you find a solution based on your goals.
Zlata Erlach
