Grenada offers several pathways to citizenship, but the investment program is the fastest and most reliable. The minimum investment starts at $235,000, and the passport is issued in over 8 months.
Explore the costs required to become a Grenada citizen, including economic contributions and additional fees for the entire family.
The Grenada citizenship by investment program, launched in 2013, offers a government-approved way to obtain a second passport in the Caribbean. Investors can complete the process from abroad and include their families in the application. Residency in Grenada and English language proficiency are not required.
Investment options. The Grenada citizenship by investment program has two options:
Investors are mostly choosing the real estate option.
Eligibility criteria. To be eligible, the investor must be over 18, have no criminal records or prosecutions, be in good health, and confirm the legality of their income.
Investors can add their family members to the application: their spouse and financially dependent children under 30, siblings over 18, and parents and grandparents of any age.
Applications for Grenada citizenship by investment must be submitted through a licensed agent, as required by the Grenada Citizenship by Investment Act, No. 15 of 2013.
Investment. Donation to the National Transformation Fundis a non-refundable option. The minimum threshold is $235,000, which varies depending on the family composition. A family of up to four people pays $235,000. Starting from the 5th family member, additional $25,000—75,000 is required:
The Grenada Government uses the National Transformation Fund to support local industries, such as tourism, healthcare, construction, education, and agriculture.
Government fees include a Due Diligence fee, an application fee, a processing fee, an interview fee, a passport fee, and an Oath of Allegiance fee. In some cases, investors may not need to pay fees for minor children or may pay reduced rates.
| Types of expenses | Single applicant | Married couple | Family of four | Each additional applicant, starting with the 5th |
| Investment | $235,000 | $235,000 | $235,000 | + $25,000—75,000 |
| Application fee | $1,500 | $3,000 | $6,000 | + $1,500 |
| Due Diligence | $5,000 | $10,000 | $5,000 per family member over 16 | + $5,000 per family member over 16 |
| Processing fee | $1,500 | $3,000 | $1,500 per person over 18 $500 per person under 18 | + $1,500 per person over 18 + $500 per person under 18 |
| Interview fee | $1,000 | $2,000 | $1,000 per person over 16 | + $1,500 per person over 16 |
| Passport fee | $350 | $700 | $350 per person over 18 $250 per person under 18 | + $350 per person over 18 + $250 per person under 18 |
| Oath | $500 | $1,000 | $500 per person over 18 | + $500 per person over 18 |
Investment in real estate is the refundable option. In this case, the minimum threshold is $270,000, and it does not depend on the family composition.
Investment options. Investors must choose properties approved by the Grenada government. The list includes profitable commercial real estate such as hotels, condominiums, and villas in resort complexes. Applicants can acquire either shares or full ownership of properties.
This $270,000 threshold applies if the investor fulfils the following conditions:
In other cases, the minimum threshold is $350,000.
Investors must hold the property for at least 5 years. During this period, they can earn passive income from the property's operation, with annual rental yields in Grenada ranging from 2% to 6%. After 5 years, investors can resell the property and recover their investment.
Government fees. The investor purchasing real estate pays an administrative fee, a Due Diligence fee, an application fee, a processing fee, an interview fee, a passport fee, and an Oath of Allegiance fee.
Property registration fees. Property registration fees are based on the property value and include legal support of 1—2% and contract registration fee of 2%. The average total sum for property registration is approximately $11,000.
| Types of expenses | Single applicant | Married couple | Family of four | Each additional applicant, starting with the 5th |
| Investment | $270,000 | $270,000 | $270,000 | — |
| Administrative fee | $50,000 | $50,000 | $50,000 | + $25,000—$75,000 |
| Application fee | $1,500 | $3,000 | $6,000 | + $1,500 |
| Due Diligence | $5,000 | $10,000 | $5,000 per investor + $5,000 per family member over 16 | + $5,000 per family member over 16 |
| Processing fee | $1,500 | $3,000 | $1,500 per person over 18 $500 per person under 18 | + $1,500 per person over 18 + $500 per person under 18 |
| Share registration fee | ≈ $11,000 | ≈ $11,000 | ≈ $11,000 | — |
| Interview fee | $1,000 | $2,000 | $1,000 per person over 16 | + $1,500 per person over 16 |
| Passport fee | $350 | $700 | $350 per person over 18 $250 per person under 18 | + $350 per person over 18 + $250 per person under 18 |
| Oath | $500 | $1,000 | $500 per person over 18 | + $500 per person over 18 |
The final cost of a Grenada passport depends on the chosen investment option and the number of applicants. This allows for calculating estimated expenses: the main investment contribution plus the additional fees.
Let’s consider minimum expenses for a single investor, a married couple, a family of four and more people.
| Applicants | Contribution to NTF | Purchase of real estate |
| Single investor | $244,850+ | $340,850+ |
| Married couple | $254,700+ | $350,700+ |
| Family of 3 | $255,950+ | $353,450+ |
| Family of 4 | $262,200+ | $354,400+ |
| Family of 5 | $287,450+ | $384,950+ |
| Family of 6 | $305,700+ | $391,700+ |
According to the experience of Immigrant Invest lawyers, the process of obtaining Grenada citizenship takes at least 8 months. During this period, the investor prepares documents, undergoes Due Diligence by Grenadian authorities, passes an interview, and makes the investment. Immigrant Invest lawyers guide the applicant through each step.
The passport is valid for 5 years, regardless of the age of its holder. Investors do not need to travel to Grenada to renew the document. It can be done with the help of Immigrant Invest lawyers.
The process of obtaining a new passport takes 2 to 4 weeks, during which the investor pays a fee of $350 per document. It is advisable to start the renewal process 6 months before the passport’s expiration date.
Naturalisation certificates do not need to be renewed.
For the past 5 years, the number of people seeking Grenada citizenship by investment has been increasing. In 2019, about 400 investors applied for a passport, while in 2023, almost 2,300 applications were submitted.
In 2023, 1,503 applications were approved. As a result, 4,794 investors and their family members obtained their second passports from Grenada. Only 58 applications were denied.
Most applicants prefer to buy real estate rather than contribute to the state fund. In 2023, 66% of investors purchased property.
1. Global mobility. Grenada citizens do not need visas to 148 destinations, including the Schengen Area, EU, UK, Hong Kong, Singapore, and China.
The country’s treaty with the US allows Grenada citizens to get a 2‑year E‑2 business visa, which can be extended indefinitely. The visa permits investors and their spouses to reside, work, conduct business, and study in the US. Their children under 21 can attend public or private schools there.
2. Tax benefits. Grenada has no wealth, capital gains, inheritance, or gift tax. Citizens are also exempt from property transfer tax.
3. International market access. Establishing a company in Grenada takes approximately one month. Afterwards, the enterprise gains access to the Caribbean Community and Common Market (CARICOM), Commonwealth, the US, the EU, and other leading global markets.
4. Quality education access. Grenada citizens can enrol in UK universities on preferential terms and are eligible for scholarships in the EU and the Organisation of American States. Grenada is home to St George's University, which has a renowned medical school offering clinical rotations in the UK and the US.
5. Citizenship for the entire family. The investor can include their spouse, children under 30, parents, grandparents, and siblings in the citizenship application.
The most straightforward route to Grenadian citizenship is through the citizenship by investment program, which offers two options.
The National Transformation Fund option requires donating at least $235,000. When buying real estate, the investor must pay at least $270,000.
Both options involve additional fees. Grenada citizenship by investment fees include a Due Diligence fee, an application fee, a processing fee, an interview fee, a passport fee, and an Oath of Allegiance fee. Real estate buyers also pay an administrative fee.
The final cost of a Grenada passport depends on the investment option and the number of applicants.
It takes at least 8 months through the citizenship by investment program. Other methods can take up to 7 years.
Yes. Among the benefits of a Grenada passport are visa‑free access to 146 countries, including the Schengen Area, eligibility for an E-2 visa to the US, tax burden reduction, and access to global markets.
Grenada passport can be obtained by:
You can participate in the investment program that offers Grenada citizenship in exchange for a monetary contribution. The program has two options:
You pay additional fees as well. Therefore the total cost of Grenada citizenship for a family of four starts at $262,200.
It is relatively easy to obtain a Grenadian passport. You need to invest at least $235,000, undergo Due Diligence, and pass an interview.
The process of obtaining citizenship takes 8 or more months.
Grenadians can work in the USA if they have a specific permit allowing it. For example, investors can apply for a E-2 Investor Visa valid for 2 years, which allows them to work and do business in the US.
The Grenada passport price starts at $235,000 for a donation to the National Transformation Fund. If you choose real estate, the minimum sum is $270,000. Additional state fees apply.
