Last reviewed on May 20, 2024

Grenada Citizenship

Visa-free travel across the globe and the opportunity to get an E‑2 business visa to the USA

€150,000+

Investment amount

8+ months

Obtaining period

5 years

Real estate
investment return

Investment threshold will rise to $200,000

The change is set to be implemented by June 30th, 2024. Therefore, you still have time to apply for citizenship without overpaying at least $50,000.

To acquire Grenada citizenship, investors choose one of two available investment options:

  1. Non-refundable contribution to the National Transformation Fund — $150,000+ for a single applicant or $200,000+ for a family.

  2. Government-approved real estate purchase — $220,000+. 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.

  • 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.

  • 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.

  • 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 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.

  • 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.

  • 8

    Citizenship for the entire family and future generations

    Spouses, children, and parents may acquire citizenship alongside investors. Citizens’ children inherit the status.

140+ visa-free countries for Grenada citizens

Asia

Hong Kong

China

Malaysia

+18 countries

Africa

Zambia

Cape Verde

Kenya

+23 countries

Europe

Austria

Belgium

United Kingdom

+42 countries

Oceania

New Caledonia

Cook Islands

Solomon Islands

+9 countries

North America

Barbados

Bermuda

Cayman Islands

+22 countries

South America

Argentina

Bolivia

Brazil

+12 countries

price

Guide to obtaining Grenada citizenship

  • Step-by-step procedure

  • Requirements for applicants

  • Required documents

  • Answers to frequently asked questions

Who can get Grenada citizenship?

  • Investor

    • Over 18

    • No criminal records or prosecutions

    • Good health

    • Capable of confirming the legality of the income

  • Spouse

    • Opposite sex

    • No criminal records or prosecutions

  • Children under 30

    • Fully financially dependent on the investor or the investor’s spouse

    • Can only obtain citizenship together with the investor

  • Parents and grandparents

    Fully financially dependent on the investor or the investor’s spouse

  • Siblings

    • Over 18

    • Unmarried

    • No children

    • Financially supported by the investor

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 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.

Expenses

Investor

Married couple

Family of 4

Family of 5+

Contribution to the fund

$150,000

$200,000

$200,000

+ $50,000 per parent under 55

+ $75,000 per sibling

$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 aged 17 or older

$5,000 per family member aged 17 or older

Other fees

$4,900+

$9,650+

$15,150+

$17,900+

2 option

Real estate purchase — $220,000+

Investors can buy properties in full ownership or shares. Not any property is suitable: only state-approved for the program.

The minimum investment amount is $220,000 in case of buying a share and $350,000 in case of purchasing a property in full ownership. Applicants may sell their properties five years after obtaining a passport.

Expenses

Investor

Married couple

Family of 4

Family of 5+

Real estate purchase

$220,000

$220,000

$220,000

$220,000

Administrative 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 aged 17 or older

$5,000 per family member aged 17 or older

Other fees

$4,900+

$9,650+

$15,150+

$17,900+

Expenses for a family of 4

The spouses and two children aged 7 and 19

Expenses

Fund contribution

Real estate purchase

Investments

$200,000

$220,000

State fee

$50,000

Due Diligence

$15,000

$15,000

Other fees

$17,150

$25,950

Total

$232,150

$310,950

Individual cost calculation for Grenada citizenship

Individual cost calculation for Grenada citizenship

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

Schedule a meeting

Individual selection of investment properties

  • Discuss your tasks and goals

  • Choose between properties from reliable developers

  • Get fully prepared and verified documents for a purchase

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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.

License № GCBI MA 0055

License № GCBI MA 0055

Step-by-step procedure for obtaining Grenada citizenship

1

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.

Evaluate your chances of passing Due Diligence

Take a short anonymous test and learn more about the nuances of Due Diligence checks

2

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 Grenada CBI Unit.

3

3 to 6 months

Due Diligence and application processing

The Grenada CBI unit 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 the CBI unit during the Due Diligence stage. For example, the CBI unit 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.

4

Up to 1 month

Approval and fulfilment of the investment condition

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 finalise the real estate purchase. The investment must be made within 30 days.

5

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.

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.

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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. All adult family members except the spouse 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 an investor’s mother — $250,000.

    Find out the cost of participation in the Grenada citizenship program for your family.

  • How many countries can you visit visa-free with a Grenada passport?

    Grenada citizens may visit 148 countries visa-free, including the UK and the Schengen states.

  • How long is a Grenada passport valid?

    A Grenada passport is valid for 5 years; then, it must be replaced. Renewal is also needed if a passport was lost or stolen or the holder has changed their name.

  • Do I need to travel to Grenada to process my citizenship application?

    No, acquiring Grenada citizenship by investment is entirely remote. Investors visit the country only if they wish.

  • Does Grenada allow dual citizenship?

    Yes, Grenada allows dual citizenship. Investors can keep their previous citizenship if other countries allow it, too.

  • Can unmarried or same-sex couples apply for Grenada's citizenship programme?

    No. An investor may only include a spouse of the opposite sex in the application.

  • How to return the investment?

    The investment can be returned only if a real estate purchase is made. 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.

  • Can I apply for Grenada nationality without a licensed agent?

    No, you can’t. The participation of a licensed agent is required by law. Only a licensed agent can apply for Grenada citizenship by investment 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, legal services, and document shipping costs.

    The government fees include:

    • $5,000 — the Due Diligence fee per family member over 17;

    • $1,000 — the interview fee per person over 17;

    • $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;

    • $500 — 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.

  • What are the benefits of Grenada citizenship by investment?

    The key benefits of a Grenada passport by investment are:

    • visa-free travel to 148 countries;

    • possibility to apply for the E‑2 business visa and the 10-year visitor visa to the USA as Grenada citizens;

    • tax optimisation;

    • creating a safe haven;

    • citizenship for the entire family and future generations.

  • What is the minimum investment for Grenada citizenship?

    The minimum investment under the Grenada Citizenship by Investment program is $150,000. It is required under the contribution to the National Transformation Fund option. Another option is buying government-approved real estate. A chosen property must cost at least $220,000.

Schedule a meeting

Let’s discuss the details

We will develop an individual solution, select a country and status that will solve your problems, and accompany the entire process.

Zlata Erlach
Zlata Erlach

Head of the Austrian office

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