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Citizenship of Grenada for visa-free travel to 144 countries of the world

Grenada
Citizenship

Visa-free travel to 144 countries
and the E-2 business visa to the USA

Download the guide Calculate the cost
$150,000
Investment amount
4–6 months
Obtaining period
5 years
Real estate
investment return
License
№ GCBI MA 55

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.

 

Benefits of Grenada citizenship

1
Visa-free travel to the UK, the Schengen countries and China

Grenada citizens enter 144 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, 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.

3
10-year US tourist visas

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.

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.

5
Tax optimisation

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 Dominica than in many other countries.

Get maximum information about the process

  • Step by step procedure
  • Requirements for applicants
  • Required documents
  • FAQ
Download the guide
PDF, 36 pages, 12 MB
Immigrant Invest
is a licensed agent
of the Grenada program
(License № GCBI MA 55 )

Who can get Grenada citizenship

Investor
  • Over 18 years old
  • No criminal record or prosecution
  • Good health
  • Capable of confirming the legality of the income
Spouse
Children under 30

Fully financially dependent on the investor or their spouse

Parents

Fully financially dependent on the investor

Siblings
  • Over 18
  • Unmarried 
  • No children

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

$150,000+

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
parent over 55 or
child starting with
the fifth family member

+ $50,000
per parent under
55

+ $75,000 per
sibling

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+
2 option

Real estate purchase

$220,000+

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
parent over 55 or
child starting with
the fifth family
member

+ $50,000 per
parent under 55

+ $75,000 per
sibling

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+

Expenses for a family of 4

The spouses and two children of 7 and 19 years old
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

Individual calculation of the cost of citizenship of Grenada

Get an individual calculation for your family with all associated costs and government fees

Get the cost calculation
We will send you a quote by email within 1 hour.
Immigrant Invest
is a licensed agent
of the Grenada program

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.
Selection of real estate

Individual selection
of properties
for investment

  • Discuss your tasks and goals
  • Choose between properties from reliable developers
  • Get fully prepared and verified documents for a purchase
Natalia Oganesyan
Real Estate Chief
Operations Officer,
RICS certified professional
Schedule a meeting
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Step-by-step procedure for obtaining Grenada citizenship

1 day Preliminary Due Diligence

Preliminary Due Diligence

1 day

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

2 to 4 weeks Preparation of documents

Preparation of documents

2 to 4 weeks

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.

 

3 to 6 months Due Diligence

Due Diligence

3 to 6 months

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.

 

Up to 1 month Approval and fulfilment of the investment condition

Approval and fulfilment of the investment condition

Up to 1 month

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.

Up to 4 weeks Getting a passport

Getting a passport

Up to 4 weeks

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

Let’s discuss the details

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
Caribbean Investment Program Expert
Schedule a meeting
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Answers to frequently asked questions

Who can obtain Grenada citizenship together with the investor?

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.

How to return the investment?

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.

 

Can I apply for Grenada citizenship without a licensed agent?

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.

Which family members must undergo Due Diligence?

Due Diligence is mandatory for all family members over 17 included in the application.

What are the additional costs under the program?

The applicant pays government fees, costs for legal services and document shipping. 

The government fees include:

  • $5,000 — the Due Diligence fee per family member over 17;
  • $1,500 — the application fee per family member;
  • $1,500 — the application processing fee per family member over 18;
  • $500 — the application processing fee per family member under 18;
  • $250 — the passport fee per applicant;
  • $20 — the oath fee per applicant.

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

Let’s discuss the details

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
Caribbean Investment Program Expert
Schedule a meeting
Prefer messengers? WhatsAppTelegram