Grenada Citizenship
The Grenada Citizenship by Investment (CBI) program grants foreign nationals citizenship and a new passport in exchange for a financial contribution to the country’s economy. Investors and their families gain Grenadian citizenship and a passport offering visa free access to 148 countries, including the Schengen Area, the UK, and China.
Qualifying investments start from $235,000 and include donating to the country’s National Transformation Fund (NTF) and government-approved real estate investments.
Grenada’s political stability, competitive pricing, straightforward application process, and business-friendly policies make it a compelling choice for investors seeking a second passport.
Grenada CBI Key Program Details
- Visa free countries: 148
- Visa free to Schengen Area: Yes
- Tax framework: No worldwide income taxes
- Processing time: 6 months
- Minimum government fund contribution: $235,000
- Minimum real estate investment: $270,000
- Minimum total for one applicant: $246,500
- Minimum total family of four: $262,000
- Eligible dependents:
- Spouse Children under 30 or with disabilities
- Parents and grandparents over 55 Unmarried siblings under 18
- Passport validity:
- 10 years for citizens over 18 5 years for minors under 18
- Visit or residency requirement: None
- Citizenship interview: Yes (virtual)
- US Visa: Eligible for a B1/B2 Visa and E-2 Visa
Overview of Grenada Citizenship by Investment Program
The Grenada Citizenship by Investment Program allows foreign investors to obtain citizenship in exchange for foreign direct investment to improve the country economic and social development. Grenada’s Citizenship by Investment Act No. 15 of 2013 established a donation to the country’s government fund and an approved real estate purchase as qualifying investments.
Investment Migration Agency (IMA) Grenada is the government authority overseeing approved investments, donations, due diligence checks of eligible applicants, and Authorized Agents.
The main investor can include family members in their application. To be granted citizenship and a Grenada passport, foreign investors have two investment options, starting from $235,000:
- Contribution to the National Transformation Fund (NTF)
- Investment in government-approved real estate projects
Grenada allows dual citizenship, and as a member of international organizations like the Commonwealth of Nations, CARICOM, and the Organisation of Eastern Caribbean States (OECS), investors gain a second citizenship to enhance protection and diplomatic privileges.
Benefits of Grenada Citizenship
- Affordable citizenship by investment: The Grenada CBI program is cost-effective. Citizenship can be acquired as a single applicant or a family of four for $235,000.
- Visa free travel: Grenada passport holders have visa free access to 148 countries, including Europe’s Schengen Area, the UK, Hong Kong, Singapore, Russia, and China.
- Fast application process: Grenada CBI has a fast citizenship timeline. Investors can get a Grenada second passport within six months.
- Dual citizenship: The Grenadian government allows dual citizenship, so you can maintain multiple citizenship with Grenada and other countries that permit dual citizenship status.
- Investment opportunities: Obtain Grenada citizenship by purchasing shares or an entire unit in high-end tourist real estate and earn rental income through Grenada’s thriving tourism sector.
- Investment after initial approval: The required qualifying investment is made after pre-approval, increasing confidence and reducing risk.
- Tax optimization: Grenada ranks number one for tax optimization in the Range Immigration Services LLC by Investment Report. Tax residents do not pay worldwide income tax, wealth, capital gains, or inheritance taxes.
- Extensive family inclusion: Qualified dependents for a family application expand beyond spouses, children, and parents to include dependent grandparents and siblings.
- Flexible requirements: There are no language or cultural knowledge tests and no requirement to visit Grenada during the application process.
- Security of a Plan B: Grenada’s investment program offers citizenship and a solid Plan B to ensure stability and safety in a politically stable environment. This includes consular services and protection from Grenada diplomatic representations in four continents and ten countries.
- Citizenship for future generations: New Grenada citizens can pass citizenship down to a future spouse or children.
- Eligibility for the US E-2 Visa: Grenada citizens are one of the few Caribbean nationals who can settle in the USA through the US E-2 Visa Program.
Grenada visa free travel
According to data from Range Immigration Services LLC Index, the Grenada passport is one of the best in the Caribbean. It is a high-value travel document that provides unique access and visa free travel. Passport holders can travel to 148 countries without a regular visa, including core destinations like the UK, the Schengen zone, China, Russia, and Saudi Arabia.
As a member of the Caribbean Community (CARICOM), Grenada’s passport allows citizens to easily qualify for travel and residency in other Caribbean countries. Additionally, Grenada’s membership of the Organisation of Eastern Caribbean States enables citizens to move freely across the five other full member nations.
Grenada and the US E-2 Treaty Investor Visa
Grenada has been a signatory to the US E-2 Visa Treaty since 1989. Grenada passport holders can apply for a E-2 VISA to live and work in the United States through starting a business.
Eligibility Criteria for Grenada Citizenship by Investment
1. Main Applicant
Must be at least 18 years old.
Must demonstrate good character with no criminal record.
Must be in good health.
Must be able to prove the legal source of investment funds.
Required to make a qualifying investment through either:
+ Contribution to the National Transformation Fund (NTF), or
+ Investment in an approved real estate project.
2. Dependent Family Members
Eligible dependents that can be included in the application:
Spouse of the main applicant.
Children of the main applicant or spouse who are:
+ Aged 18–30, financially dependent on the main applicant and unmarried.
+ Under 18 years old, orParents or grandparents of the main applicant or spouse, if fully supported by the main applicant.
Siblings of the main applicant or spouse, if:
+ At least 18 years old,
+ Unmarried and without children,
+ Supported by the main applicant.
3. Banned Nationalities
Applicants from certain countries are not eligible, unless they have permanent residence status elsewhere and have lived outside their country of origin for a specified period.
Currently, nationals of the following countries are generally restricted:
– Russia
– Belarus
– North Korea
– Iran
Grenada Citizenship by Investment Required Documents
1. Document Requirements for Main Applicant
Certified copy of valid passport (all pages, including blank ones).
Birth certificate (full, showing parents’ names).
National ID card (if applicable).
Marriage certificate or divorce decree (if applicable).
Police clearance certificate from country of citizenship and any country of residence for more than 1 year in the past 10 years.
Medical certificate, including HIV test results (not older than 3 months).
Proof of address (e.g., utility bill or bank statement, not older than 3 months).
Proof of source of funds (bank statements, salary slips, business ownership documents, etc.).
Bank reference letter (issued within the last 6 months).
Passport-sized photographs (as per Grenada’s official specifications).
Affidavit of support for included dependents (if required).
2. Document Requirements for Dependent Family Members
Certified copies of passports (all pages).
Birth certificates (showing parentage).
Marriage certificate for spouse.
Police clearance certificates for dependents aged 16 or older.
Medical certificates (including HIV test results for dependents aged 12+).
Passport-sized photographs (as per specifications).
Proof of education / enrollment for dependent children aged 18–30.
Affidavit of dependency (for adult dependents, if required).
3. General Notes
All documents must be in English or accompanied by a certified English translation.
All copies must be certified by a notary public or equivalent authority.
Documents must be recently issued (typically within the last 6 months).
Step-by-Step Process: Grenada Citizenship by Investment
- Choose investment route: Choose the National Transformation Fund contribution or approved real estate investment.
- Select an Authorized Agent: From IMA’s list of approved Authorized Agents and a Grenada citizenship by investment lawyer, choose one to submit your citizenship application.
- Document preparation: Prepare and complete the citizenship documents and forms provided by the agent.
- Submit your application: Your licensed agent will submit the citizenship application on your IMA.
- Take the citizenship interview: As part of the citizenship process, you must complete the mandatory interview requirement, which can be done virtually.
- Receive citizenship approval: Within six months of applying, successful applicants will receive a confirmation letter from Grenada Citizenship by Investment Committee (CBIC) with the status ‘Approved in Principle.’
- Make your investment: Make the investment and send proof to the Investment Migration Agency Grenada.
- Become a Grenada citizen: Take the oath or affirmation of allegiance at an Embassy, High Commission, or Consular Office of Grenada, and become a citizen.
How long does the citizenship process take?
The Grenada citizenship timeline is about six months.
Month one (preparation)
- Choose the qualifying investment
- Choose an Authorized Agent
- Prepare the required documents and submit to the IMA
Months two to three (processing)
- IMA outsources background checks
- Complete the virtual interview
- Make the required investment
Month four to six (approval)
- Pay the passport fee and obtain a Certificate of Registration
- Obtain a Grenada passport
Life in Grenada
Grenada, the “Isle of Spice,” has a beautiful blend of culture and economic growth, especially in agriculture and real estate.
Grenadian culture
Community is at the center of daily life in Grenada. With African, French, and British influences, Grenada comes alive through festivals, music, and traditions.
Festivals like Spicemas and Carriacou Parang Festival showcase amazing costumes, drumming, and street parades.
Beyond festivals, local markets are social and economic hubs, with spices, crafts, fresh produce, and deep community connections.
Whether you’re unwinding on the island’s beaches or joining in cultural celebrations, residents and visitors experience the perfect balance of tradition and nature.
Investing in Grenada’s industries
Agriculture is the backbone of the economy. As a leading producer of nutmeg, cloves, mace, and cinnamon, the island has strong agricultural exports. New developments in sustainable and organic farming have opened up opportunities for investors looking for green projects.
Real estate is also on the up, with government-backed initiatives expanding infrastructure and investment opportunities. The real estate market is for both residential and commercial investors as Grenada becomes a business and lifestyle destination.
With tourism booming, new sectors in tech and finance, and the added bonus of Grenadian citizenship for global mobility, the island has the perfect mix of culture and opportunity.
Frequently Asked Questions about Citizenship by Investment Grenada
Can I buy Grenada citizenship?
You can’t buy Grenada citizenship, but you can obtain citizenship through investing in Grenada citizenship by investment. To qualify, you must invest in pre-approved real estate with a minimum value of $270,000 or donate $235,000 to Grenada’s National Transformation Fund.
How much does it cost to get Grenada citizenship?
The Grenada citizenship by investment cost is $235,000 for the Grenadian government fund option or at least $270,000 for the real estate route. Additional fees include government fees, due diligence fees, and processing fees. The overall Grenada passport cost depends on the investment route and number of dependents included in the application.
What family members can I include in my Grenada citizenship by investment application?
Eligible family members can acquire a second citizenship and a Grenadian passport alongside the main applicant applying to the Grenada citizenship program. This includes:
- Spouse
- Dependent children
- Dependent parents and grandparents
- Siblings
How strong is Grenada passport?
According to the Range Immigration Services LLC Index, the Grenada passport is the 71st most powerful passport, allowing visa free travel to 148 countries, including the Schengen Area, the UK, China, Russia, Singapore, and Saudi Arabia.
What documents are required to apply for Grenada investor visa program?
When applying to Caribbean citizenship by investment in through the Grenada investor visa program, the primary applicant must submit a series of required documents, such as proof of identity, police certificate, medical tests, and financial records. All documents must be certified and translated into English (if necessary).
How do you become a citizen of Grenada?
Individuals become Grenada citizens by birth if they’re born in Grenada, by descent if they’re born to a Grenadian parent or grandparent, by naturalization if they’ve lived in Grenada for at least seven years, or by investment if they make a qualifying investment in Grenada’s economy.
Must I visit Grenada for my citizenship application?
Grenada citizenship by investment requirements does not include a minimum residency period or visiting Grenada during the entire process.
Do I need to reside in Grenada to maintain my citizenship?
New Grenada citizens are not required to reside in Grenada to maintain multiple citizenship and a Grenadian passport.
What are the disadvantages of Grenada citizenship?
Though Grenada citizenship offers several advantages, there a some disadvantages of Grenada vs Dominica citizenship and that of certain other countries.
- Grenada doesn’t offer the cheapest options to acquire second citizenship.
- Countries like Antigua and Barbuda provide more visa free travel destinations
- While Grenada doesn’t tax foreign income, it is less tax-friendly than St Kitts and Nevis, which imposes zero personal income taxes.
What countries can you go to with Grenada citizenship by investment?
After you acquire Grenada citizenship and a passport, you can visit countries that allow visa free or visa on arrival access to Grenada passport holders, such as the UK, Russia, Saudi Arabia, China, and countries in Europe’s Schengen Area.
Does Grenada allow dual citizenship?
Yes, Grenada allows dual citizenship and it is legally recognized in Grenadian immigration law, meaning citizens can hold a passport of another nation. Foreign nationals can acquire Grenadian dual citizenship without renouncing their original citizenship, provided their country of citizenship also allows dual nationality.
What is the minimum investment required for the Grenada citizenship by investment program?
The initial investment to get Grenada citizenship by investment starts from $235,000 for a single applicant or a family of up to four, excluding government and associated fees.
Can family members be included in the Grenada citizenship by investment program?
The Grenada Citizenship by Investment Act states that investors can include their family members in their application.
Can a US citizen buy a house in Grenada?
US citizens can buy a house in Grenada by obtaining an Alien Landholding Licence (ALHL). The Grenada Citizenship by Investment Act waives the requirement to obtain an ALHL when buying property through the program.
Is Grenada citizenship worth it?
Successful applicants of Grenada’s citizenship by investment program find it worth it due to the low investment requirement of $235,000, the short six-month application process, and the strong Caribbean passport offering visa free access to over 140 countries. Investors can hold Grenada dual citizenship and qualify for an E2 Investor Visa for the United States.
What is the Grenada Golden Visa?
The Grenada Golden Visa refers the the Grenada investment citizenship program. Investors can make an economic contribution to the nation and obtain Grenada citizenship and a Golden Passport for themselves and their family members. Grenada’s passport is politically neutral, offering personal security, visa free or visa on arrival access to key destinations worldwide, and eligibility for a US E-2 Visa.
Is there any difference between Grenada CBI and Grenada Economic Citizenship?
There is no difference between Grenada Citizenship by Investment (CBI) and Grenada Economic Citizenship—both terms refer to the same initiative with different wording, allowing foreign investors to obtain Grenada dual citizenship by making a qualifying financial contribution.
Are there tax advantages of Grenada citizenship?
While Grenada imposes a personal income tax, the worldwide earnings of Grenadian tax residents are not part of their taxable income. Additionally, Grenada is a viable destination for wealth protection as there are no capital gains, wealth, or inheritance taxes.
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