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March 10, 2026
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Grenada citizenship by real estate investment: Complete Guide 2026

The Grenada citizenship-by-investment program allows individuals and families to obtain citizenship in as little as eight months with a minimum real estate investment of $270,000.

This guide outlines the key requirements, costs, and steps needed to successfully secure Grenada citizenship through real estate investment.

Vladlena Baranova
Vladlena Baranova
Explained the rules of obtaining Grenada citizenship by real estate investment
Fact checked by Elena RudaElena Ruda
Elena Ruda
Fact checked by Elena Ruda
Elena helped over 500 investors’ families to choose and obtain second citizenship or residency. She knows the pros and cons of each investment option and improves the industry expertise at the company.
Reviewed by Lyle JulienLyle Julien
Lyle Julien
Reviewed by Lyle Julien
Lyle Julien is an investment programs expert. He helps investors from India, South Africa and other countries choose the best-suited program and accompany them through the process of getting Golden Visas or second citizenship.
Grenada citizenship by investment real estate

How does the Grenada CBI program work?

The Grenada citizenship by investment, or CBI, program is a government initiative that grants citizenship to investors and their families in exchange for a qualifying contribution or real estate purchase.

Obtaining Grenada citizenship by real estate investment is a structured process with specific requirements for both the applicants and the type of investment they must make.

Main conditions

To qualify for Grenada citizenship by real estate investment, applicants must meet the following conditions:

  • invest a minimum of $270,000 in a government-approved real estate project;
  • hold a property for at least 5 years before it can be sold without affecting citizenship status.

The Grenada CBI program allows the investor’s close relatives, such as spouses, children, parents, and siblings, to obtain citizenship alongside the main applicant. Each family member included in the application will incur additional government fees and Due Diligence checks.

Procedure

Investors cannot apply for citizenship directly; they must do so through an authorised agent. Immigrant Invest is an authorised agent for the Grenada citizenship by investment program. We assist investors in gathering necessary documents, translating them into English, and completing state-provided forms.

The Grenada passport is valid for 10 years and must be renewed after this period. The renewal process requires minimal documentation, and personal presence is not required. Investors can order the service through Immigrant Invest.

Key features of a real estate purchase option

Property investment is the most favoured route for many applicants due to several factors:

  1. Tangible asset. Unlike investment in the Grenada state fund, real estate provides a physical asset that can grow in value.
  2. Income potential. Properties can be rented out, providing a revenue stream.
  3. Refundability. Investors have the option to sell the property after five years while retaining their citizenship, offering flexibility and liquidity.

In 2025, 70% of the approved applications for Grenada citizenship were linked to real estate purchases, making it the most popular investment option[1].

11 benefits of Grenada citizenship by property investment

Grenada citizenship by property investment offers a wide range of practical advantages for investors, families, and frequent travellers. These benefits extend beyond global mobility, providing financial, lifestyle, and long-term strategic opportunities.

1. Easy pathway to citizenship

Investors do not need to take exams or reside in Grenada to acquire citizenship. The whole process takes eight months, during which investors do not have to visit Grenada. Passports can be collected at the Immigrant Invest office or sent by courier to the specified address.

Investment is required only after the application receives government approval. This means investors do not commit funds until a positive decision is secured.

The refusal rate is low. In 2024, only 93 applications out of 1,676 were rejected[2].

The application process is confidential. Personal information is not disclosed or passed to other governments or authorities.

2. Dual citizenship allowance

Grenada permits dual citizenship, enabling you to retain your original nationality unless your home country requires renunciation. This flexibility allows investors to expand their global mobility and security without giving up existing rights, benefits, or long-established personal and professional ties linked to their first citizenship.

3. Visa-free travel

Grenada citizenship allows visa-free or visa-on-arrival access to over 140 countries, including the United Kingdom, the Schengen Area, China, and Singapore. This global mobility is valuable for personal and business travel.

Grenada citizens are eligible for an E-2 investor visa under the E-2 treaty, which allows them to live and work in the USA by starting or purchasing a business. They may also apply for a B-1/B-2 visa for travel related to tourism, business, or medical treatment, with permitted stays of up to 180 days per year.

Successful E-2 visa acquisition via Grenadian citizenship by real estate

Obtaining Grenadian citizenship gave me and my family access to the US E-2 visa, something we could not achieve with our Bulgarian passports.

Grenada citizenship provided a direct and reliable route to live in the United States without long wait times or unpredictable immigration rules. For us, it was the fastest and most secure way to move forward with our plans.

The process was straightforward, and the result expanded our opportunities as a family. With Grenadian citizenship, we can now start or acquire a business in the United States and build a long-term presence there. It gave us exactly the flexibility and stability we were looking for.

Learn more about the case

4. Stable political environment

Grenada's stable and democratic political environment ensures personal safety and secure investments. The government supports a favourable investment climate. This consistency provides investors with confidence that their assets, rights, and long-term plans will remain protected, supported by clear legal frameworks and dependable public institutions.

5. Attractive tax regime

Grenada has no wealth, inheritance, or capital gains taxes. There is also no tax on foreign income, benefiting high-net-worth individuals seeking to optimise tax liabilities. The tax environment makes Grenada appealing for investors who prioritise efficient tax planning and the ability to structure their financial affairs more strategically.

There are two income tax rates in Grenada: 

  • 10% on the first EC$24,000, or around US$8,900;
  • 28% on the amount above EC$24,000.

Grenadian companies pay corporate tax at 28%. The VAT is at the standard rate of 15%.

6. Inclusion of family members

Grenada citizenship by investment allows you to include close family members, such as:

  • spouse;
  • children under 30;
  • parents;
  • grandparents;
  • unmarried siblings over 18. 

Citizenship is granted for life and can be passed on to future generations. A newborn child may be added within 12 months of the application’s approval.

7. Fast processing time

The process of obtaining Grenada citizenship takes eight months, providing a quick path to enjoying its benefits. By contrast, citizenship by naturalisation requires at least seven years of legal residence in Grenada. To qualify for naturalisation, applicants must have lived in Grenada for 12 consecutive months before applying.

8. No requirement to reside

Grenada does not require you to reside in the country to obtain or maintain your citizenship. This provides flexibility for investors who wish to maintain their current lifestyle while enjoying the travel and business benefits of Grenada citizenship.

9. Profitable investments in real estate

Grenada property investments offer promising returns, with potential resale values 20—22% higher after 5 years. Rental yields can reach 3—5% per annum, depending on the project type, location, and occupancy levels. Investors benefit from strong tourism demand and a growing hospitality sector, which support stable occupancy rates and long-term asset appreciation.

10. Investment fulfilment in parts

Investors can pay 10% of the property value when submitting applications, with the remaining 90% due after citizenship approval. This structure reduces upfront financial risk and provides greater flexibility in managing cash flow while the application is being processed.

11. Option to sell the property without losing citizenship

Investors are required to hold their real estate investment for a minimum period of 5 years. After this period, they have the option to sell the property without losing your citizenship status. This provides flexibility and the potential to realise gains on the investment while retaining the benefits of Grenada citizenship.

Grenada Golden Visa by real estate investment
Grenada's booming tourism offers real estate investors a profitable opportunity, particularly in prime locations, such as St George’s, where properties have potential for generating rental income

What are the requirements for investors and additional applicants?

Investors must be at least 18 at the time of application, have a clean criminal record, prove financial stability, and meet Grenada’s good-health criteria. Eligible dependents include a spouse, children under 30, parents, grandparents, and unmarried siblings over 18 without children.

Minimum age

The main applicant must be at least 18 years old at the time of submission. A valid passport is usually sufficient to confirm age. Applicants under 18 cannot apply as main investors, but they can obtain Grenada citizenship as dependents if included as the primary applicant’s children.

Clean criminal record

Applicants must have a clean criminal record, verified through a comprehensive background check. This check is part of the Due Diligence process conducted by the Grenada government to ensure the integrity of the Citizenship by Investment Program.

Financial stability

The applicant must provide proof of financial stability and legal sources of investment funds. This includes bank statements, financial history, and other relevant documents, showing the ability to make the required investment and cover associated fees.

Good health

Applicants must be in good health and may need to provide a medical certificate confirming their physical fitness. Grenada requires applicants to demonstrate that they do not suffer from any serious or communicable conditions.

The medical assessment typically includes basic tests such as blood work, chest X-ray, and screening for contagious diseases.

Criteria for family members

The primary applicant can include the following dependents in the application:

  • spouse of the opposite sex;
  • children under 30 years old;
  • financially dependent parents and grandparents;
  • unmarried siblings over 18, without children.

Children aged 18 to 30 years must be fully supported by the applicant or their spouse and apply for citizenship alongside the main applicant.

Only the newborn child of the applicant or spouse may apply for Grenada citizenship after approval, and this must be done within 12 months of the main application being approved.

What real estate requirements apply for Grenada citizenship by investment?

In addition to personal eligibility, the real estate investment itself must meet specific criteria to qualify for Grenada’s citizenship-by-investment program.

Government-approved projects

The real estate investment must be made in a project that has been approved by the Grenada government. These projects typically include: 

  • luxury resorts, 
  • hotels, 
  • high-end residential properties.

Minimum investment amount

Investors have the option to purchase real estate either as full ownership or through shares.

The minimum investment for a share in real estate is $270,000, provided that:

  1. The real estate project falls within the tourism sector.
  2. At least two investors participate in the project.
  3. The total combined investment in the project is no less than $440,000.

For other types of approved properties, a minimum investment of $350,000 is required.

Holding period

The property must be held for a minimum of 5 years from the date of issuance of the naturalisation certificate. During this period, the investor cannot sell or transfer ownership of the property if they wish to maintain their citizenship. After 5 years, the property can be sold without affecting citizenship status.

Property valuation

The property must be valued by an independent, government-approved appraiser to ensure that the investment meets the minimum financial requirements. This valuation process helps prevent over- or under-valuation of properties.

The real estate must be in good condition and suitable for its intended purpose, whether residential, commercial, or part of a resort. It must meet all local building codes and standards.

Examples of real estate properties in Grenada

Grenada citizenship by real estate investment: secure a second passport and rental yields
Grenada, St. George's
$270,000 — $350,000
Share or apartments in full ownership in an oceanfront university complex
1
1
Grenada citizenship by real estate investment: secure a second passport and rental yields
Grenada, St. George's
$750,000 — $850,000
Luxury apartments on the south coast of Grenada
135 m²
2
2

What costs and fees apply to Grenada citizenship by real estate investment?

Besides the purchase price, there are additional costs associated with real estate investment, such as legal fees, property transfer fees, and taxes. These should be factored into the overall investment budget.

Administrative fees

For real estate investments, the administrative fee is $50,000 for applications that include up to four people, whether it’s for a single investor, a couple, or a family of four. Additional fees apply starting from the fifth family member: $25,000 for each child and each parent or grandparent over 55. 

Regardless of family size, an additional fee is also paid for including:

  • parent or grandparent under 55 —  $50,000;
  • sibling — $75,000[3].

Other fees

Due Diligence fees. Due Diligence ensures that all applicants meet the necessary legal and financial standards required by the Grenada government. It costs $5,000 for each applicant of 17 and older. 

Share registration fee. There are costs associated with the process, including a share registration fee of approximately $11,000.

Interview. A mandatory interview fee of $1,000 per person aged 17 and above applies as part of the Grenada citizenship application process.

Application and passport fees. There is an application fee of $1,500 for each applicant over 17 and $500 for minors. Once the application is approved, a passport fee of $350 per person is required to issue the Grenada passport.

The entire process can be funded by a sponsor — an individual or a sole shareholder of a company. Investors who obtain Grenada citizenship while sponsoring another applicant are exempt from the Due Diligence fee for the sponsored application.

If more than 6 months have passed since the sponsor’s last Due Diligence check, all relevant fees must be paid again for the new application.

Vladlena Baranova
Vladlena Baranova,
Lawyer, AML Compliance officer, certified CAMS specialist

Additional costs

Applicants must also account for the costs associated with hiring legal representatives, translators, and notaries. These fees can vary depending on the complexity of the application and the services required.

For a family of four, the total cost of obtaining Grenada citizenship by real estate investment can be around $300,000. This includes buying property in Grenada, paying government fees, Due Diligence fees, and other associated costs.

Grenada real estate investment: costs and fees

ExpenseAmount
Real estate$270,000+
Administrative fee$50,000 for a family of up to 4 people
+ $50,000 per parent or grandparent under 55
+ $75,000 per sibling
+ $25,000 per parent or grandparent over 55 or child, starting with the 5th applicant
Due Diligence fee$5,000 per applicant aged 17+
Application fee$1,500 per applicant over 17
$500 per applicant under 17
Share registration~$11,000
Interview fee$1,000 per applicant aged 17+
Passport fee$350 per person

What investment returns and exit strategy can Grenada real estate investors expect?

Grenada requires investors to hold their qualifying property for at least five years after receiving the naturalisation certificate. After this period, the property can be sold without affecting the investor’s citizenship status. 

In many cases, the real estate can be resold to another citizenship applicant, provided that the project remains approved and all program requirements are met.

During the five-year holding period, investors can benefit from rental income, with average annual yields around 4%.

Actual investment returns depend on the specific project, location, and management, and should be assessed based on each developer’s financial projections and track record.

Types of Grenada government-approved real estate and expected returns

Real estate projects approved under Grenada’s citizenship by investment program are mainly located in the tourism sector and include luxury hotels, resorts, and villas. These developments are structured to generate income through hotel operations and rental pools, so investors may receive rental income or share in project profits.

Approved projects typically fall into several main categories[4].

Beachfront resort hotels

These projects occupy some of Grenada’s most desirable stretches of coastline and typically combine hotel rooms, branded residences, and full resort infrastructure. They are designed to operate as large hospitality complexes with multiple revenue-generating facilities such as pools, spas, and restaurants. Investors usually acquire shares or units in the hotel structure and participate in a rental pool.

Indicative annual yields for beachfront resort hotel shares are around 2—4%. Returns in this segment are mainly driven by short-term tourist stays, so income is higher in peak season, mid-December to mid-April, and lower from June to November. 

Management is handled by the hotel, which means investors remain passive and do not need to be involved in day-to-day operations.

A luxury club hotel on the south coast of Grenada is one such beachfront development. It offers resort shares within a coastal complex featuring suites, dining areas, and direct beach access.

Grenada real estate investment
Each residence in the club cottage complex offers stunning views and is set among lush gardens surrounding a swimming pool

Branded luxury hotels

This category includes high-end developments operated by international hotel brands that bring global recognition and established service standards. Such projects are positioned in the top tier of the market and rely on professional hospitality management to maintain strong occupancy levels. Their international networks support long-term visibility and stable guest flows.

Branded hotels typically target higher-spending travellers, which can support more consistent yields of 2—4% and reduce reliance on a single season. Over time, branded assets may show stronger capital growth compared with non-branded projects because brand affiliation raises resale appeal.

Investors do not manage the property themselves, as the brand’s operator controls rental strategy, pricing, and maintenance. 

A new resort complex managed by the InterContinental group illustrates this segment, combining branded residences with premium hotel amenities in Saint Davids.

Investment property in Grenada
A new 150-room resort complex to be built on La Sagesse Beach, approximately 30 minutes drive from Maurice Bishop International Airport and the city of St George's

Condo-hotels and serviced apartments

These properties function as hybrid models that blend private accommodation with the services of a traditional hotel. Unit owners benefit from amenities such as housekeeping, reception, and on-site management while retaining the option to place their units in a rental pool. This structure suits investors who want both income potential and occasional personal use.

Indicative annual yields for condo-hotels and serviced apartments usually fall in the 3—5% range, depending on project type, location, and occupancy. While demand is the highest from mid-December to mid-April, condo-hotels often maintain year-round bookings because they appeal to both leisure travellers and longer-stay visitors. Values may rise over time as tourism infrastructure expands, especially in well-located waterfront projects.

Management is fully delegated to the operator, so investor involvement remains minimal. 

A luxury hotel resort in St Georges offers studio units and share-based ownership within a fully serviced waterfront property. These managed apartments provide hotel-style services, short-term stay options, and participation in a central rental pool.

Grenada government approved real estate
The resort in St George's will consist of 130 ultra-modern luxury hotel rooms that will offer the perfect combination of style, comfort, and tranquillity

University-adjacent residences

This segment focuses on residential properties situated close to major academic institutions, most notably the area surrounding St George’s University. Continuous demand from students, faculty, and visiting professionals ensures steady occupancy rates throughout the year. These developments often prioritise convenience, accessibility, and functional layouts.

Unlike purely tourist-driven projects, profitability here depends less on seasonality and more on academic cycles, which supports stable rental income of 3—5% throughout the year. Capital appreciation is supported by consistent long-term demand in the university zone.

Properties are usually managed through local rental services or project operators, so involvement can range from fully passive to light oversight, depending on the agreement. 

A coastal residential complex near the university demonstrates this model, with modern studios and apartments positioned within walking distance of campus facilities.

Grenada CBI real estate
The six-storey modern design building is only a 5-minute drive from Maurice Bishop International Airport and Grenada's famous beaches

Eco-resorts and wellness retreats

These developments focus on quiet natural settings and offer facilities designed for relaxation and recreation. They are usually located in areas with strong environmental appeal and attract travellers seeking a calm, nature-oriented stay. Many include spa services, outdoor amenities, and low-density layouts.

Indicative annual yields for eco-resorts and wellness properties are typically 2—4%, with stronger performance during peak travel months and steadier demand where wellness programs operate year-round. Property values may grow steadily as demand for sustainable and experience-based travel increases in the Caribbean.

Investors do not need to be involved in day-to-day management, since professional teams manage operations and guest services. 

A secluded complex of luxury villas in St Georges fits this category, combining panoramic sea views, private pools, and lush tropical landscaping within a low-density resort setting designed for quiet, nature-oriented stays.

Buying property in Grenada
This property focuses on sustainable development in harmony with environmental and economic needs

Villa and townhouse communities

These projects feature low-density residential units within larger resort master plans. They provide more privacy than standard hotel accommodation while still offering access to shared amenities and hotel services. Many units can be placed into rental programs when not occupied by the owner.

Villas generally command higher nightly rates, so yields can be strong during peak season, while off-season income depends on the project’s marketing and management strategy. Indicative annual yields for villas are usually around 3—5%. Well-positioned villas also tend to appreciate over five years because of scarce land supply and sustained demand for private resort accommodation.

Rental management is usually handled by the resort team, leaving investors with little operational involvement. 

A contemporary ocean-view villa on the south coast fits this description, combining private residential space with access to resort services and leisure infrastructure.

Indicative annual rental yields for CBI real estate in Grenada

Project typeAnnual yield
Beachfront resort hotel shares2—4%
Branded luxury hotel shares2—4%
Condo-hotels and serviced apartments3—5%
University-adjacent residences3—5%
Boutique eco-resort and wellness properties2—4%
Villa and townhouse communities3—5%

What documents are required for a successful Grenada citizenship application?

To ensure an application for Grenada citizenship by real estate investment, it's essential to prepare a comprehensive set of documents. These documents help the Grenada authorities verify your identity, financial stability, and eligibility for the citizenship-by-Investment program. 

List of required documents:

  1. Valid passport. 
  2. Birth certificate. 
  3. National ID card. 
  4. Marriage certificate, if applicable. 
  5. Divorce decree, if applicable. 
  6. Employment and business information.
  7. Personal bank statements. 
  8. Proof of investment. 
  9. Affidavit of support for dependents.
  10. Police clearance certificate. 
  11. Medical certificate. 
  12. Purchase agreement.
  13. Title Deed or Certificate. 
  14. Completed Application Forms. 
  15. Photographs. 

This is not a complete list, as the required documents can vary depending on the case. Immigrant Invest lawyers provide each investor with a tailored document checklist after reviewing their situation.

What is the step-by-step process to obtain Grenada citizenship by real estate investment?

According to the experience of Immigrant Invest lawyers, securing Grenada citizenship by real estate investment takes eight months. It involves a well-defined process that is crucial to follow meticulously.

[PT10M]
1 day
Due Diligence
Due Diligence

Before beginning the formal application process, a Preliminary Due Diligence check is conducted. This initial assessment is carried out by the licensed agent and involves a basic review of the applicant’s background to identify any potential issues that might result in the rejection of the application. 

The preliminary Due Diligence helps ensure that the applicant is a suitable candidate for the citizenship by investment program before moving forward with the more detailed application steps.

1+ months
Collection documents
Collection documents

80% of your application’s success depends on the quality of the documents prepared. After an initial consultation, an individualised list of required documents will be provided by Immigrant Invest lawyers. 

The collection process is typically divided into several stages, beginning with a minimal package of documents necessary for preliminary review by the Bank of Grenada.

2 weeks to 4 months
Bank clearance
Bank clearance

Once the initial documents are gathered, they are submitted to the Bank of Grenada for clearance. This bank clearance is a prerequisite before moving forward with the official submission of your application to the Citizenship by Investment Unit.

At this stage, the government’s Due Diligence fee must also be paid. The time required for bank clearance can vary significantly depending on both the applicant’s individual circumstances and the bank’s processes.

3+ months
Submission of documents to the Citizenship by Investment Unit
Submission of documents to the Citizenship by Investment Unit

With all documents in order and bank clearance obtained, the application is formally submitted to the Citizenship by Investment Unit. This triggers a review period of approximately 90 days, during which the government thoroughly examines the application. 

During this stage, additional requests for information, typically concerning the verification of income sources and financial records, are common. 

An interview with the main applicant and all adult dependents aged 17 and above will also be conducted during this stage, typically via a remote link. The interview can be conducted in English or another language preferred by the applicant.

Up to 1 month
Approval of citizenship and making investments
Approval of citizenship and making investments

Once your application is approved, the next step depends on the chosen investment option:

  1. If you opted for a 10% payment plan, the remaining 90% of the property cost must be paid upon approval.
  2. For those who paid the full property cost upfront, no additional payments are required after approval, though you must wait for the finalisation of paperwork.

After the payment is made, additional forms and documents are completed to finalise the issuance of passports and citizenship certificates. At this stage, applicants may also access additional services in Grenada, such as opening bank accounts, adding family members, or establishing businesses.

1+ months
Receiving the passport
Receiving the passport

The investor receives the passports and naturalisation certificates either at the Immigrant Invest office or via courier delivery to the specified address.

What are the best cities and regions for real estate investment in Grenada?

Grenada, known as the "Spice Island," offers diverse locations ideal for real estate investment, each with unique appeal. The peak tourist season runs from mid-December to mid-April, while the low season offers a quieter experience from June to November.

According to the Grenada Tourism Authority, 2024 was a record-breaking year, with total tourist arrivals increasing by about 17% compared with 2023. In 2023, arrivals reached 504,405, reflecting a 50% rise compared to the previous year[5]. 

Here are some of the best cities and regions for buying property in Grenada. Investing in these areas offers promising returns, as each location caters to different segments of the real estate market, from luxury homes to commercial properties.

Best cities and regions for buying property in Grenada
Most investment properties are located on Grenada’s southern coast, particularly in and around the capital St George’s

St George's and Port Louis Marina

St George's, Grenada's capital and largest city, is a prime location for real estate investment. This bustling city blends historical charm with modern amenities, attracting tourists, especially those arriving by cruise, as well as yachting visitors through Port Louis Marina.

Its central location and vibrant atmosphere make it ideal for commercial real estate investments, including luxury apartments, boutique hotels, and commercial spaces catering to tourists and locals. Key attractions include the Carenage waterfront, Fort George, Market Square, and the harbour area around Port Louis.

Lance Aux Epines

Lance Aux Epines, situated on Grenada's southern coast, is an upscale residential area known for its luxury homes and private estates. Offering a secluded and exclusive living environment, it appeals to expatriates and wealthy locals. 

The area is perfect for high-end real estate investments, such as luxury homes, gated communities, and private estates. Key attractions include pristine beaches, private yacht clubs, and the University of St George's.

Egmont and Westerhall

Egmont and Westerhall are among Grenada’s more private coastal areas, known for spacious homes, calm surroundings, and sea views. Property here appeals to buyers who want a quieter lifestyle than the main resort belt, while still being within easy driving distance of St Georges, the airport, and Grand Anse.

The market in these coastal districts is dominated by villas and low-density communities, with good prospects for long-term value growth.

La Sagesse, St David

La Sagesse is emerging as a key area for CBI-linked real estate. Located on Grenada’s south-east coast, the bay is becoming a branded resort hub with projects such as Six Senses La Sagesse and the InterContinental. Residences connected to these resorts benefit from professional management, strong rental demand, and solid resale prospects after five years.

Carriacou

Carriacou is Grenada’s second-largest island and a quieter, low-density destination known for clear waters, reefs, and uncrowded beaches. Property here suits investors looking for boutique or eco-luxury stays rather than large resorts, with demand supported by niche tourism such as sailing and diving.

Grand Anse and Morne Rouge

Grand Anse is one of Grenada’s most famous beach areas, renowned for its stunning two-mile stretch of white sand and crystal-clear waters. It is a top choice for beachfront properties and luxury resorts, making it highly sought after by tourists and expatriates. 

Investment opportunities in Grand Anse include beachfront villas, condominiums, and high-end resorts with strong rental potential. Key attractions include Grand Anse Beach, shopping centres, and a variety of restaurants and cafés.

Grenada citizenship by property investment — Silver Sands
Silver Sands situated in Grand Anse is one of the pre-approved real estate project to participate in Grenada CBI program

What other pathways are available to obtain Grenada citizenship?

While investing in real estate is a popular and effective way to obtain Grenada citizenship, there are several other pathways available for those who may prefer different investment strategies or have specific personal circumstances[6]. 

Investment in the Grenada state fund

This pathway involves non-refundable donation to the National Transformation Fund, NTF, with a minimum investment amount of $235,000. The NTF finances local projects in various industries, including tourism, alternative energy, and agriculture.

Minimum investment for a non-refundable contribution: Grenada compared to other Caribbean CBI programs

CountryMarried coupleFamily of four
Grenada$253,850+$258,350+
St Lucia$258,100+$261,450+
Dominica$265,600+$271,200+
Antigua and Barbuda$266,200+$266,800+
St Kitts and Nevis$268,822+$270,144+

Employment-based pathways

Although less common, Grenada citizenship can also be obtained through employment in certain cases. This pathway applies to individuals who have worked in Grenada for an extended period, particularly in roles that contribute significantly to the country’s development, such as in healthcare, education, or other critical sectors. 

Over time, such individuals may be eligible to apply for citizenship through naturalisation, provided they meet specific residency and legal requirements.

Citizenship by descent

Citizenship by descent is available to individuals who can prove that they have a parent or grandparent who was born in Grenada. This pathway is often more straightforward and less costly than other routes, as it does not require significant financial investment. 

Citizenship by marriage

Citizenship by marriage is available to those who marry a Grenada citizen. After three years of marriage, the non-Grenada spouse can apply for citizenship, provided the couple can demonstrate a genuine relationship.

Grenada’s citizenship program attracts steady interest from foreign investors. Between January and June 2025, the country approved 268 investor applications. Real estate dominated the first half of the year, with 70% of applicants choosing property investment and 30% opting for a contribution to the National Transformation Fund.

Investment patterns shifted during the year of 2025. In the second quarter, contributions rose to 37 applications, compared with 24 in the first quarter. Real estate interest declined sharply, with applications falling by 70% — from 99 applications in the first quarter to 30 in the second.

Both investment routes generated substantial revenue for Grenada. In 2025, contributions to the state fund amounted to $20.5 million, while real estate transactions under the program brought in about $12.1 million.

Grenada real estate investment

What are the tax implications of Grenada citizenship for US persons?

Grenada does not tax individuals based on citizenship. The country uses a territorial tax system, so income earned outside Grenada is generally not taxed. There are also no capital gains, inheritance, or wealth taxes. Obtaining Grenadian citizenship does not create tax residency or trigger additional local tax obligations.

For US citizens, Grenadian citizenship does not change their tax position under US law. The United States taxes its citizens on worldwide income, meaning annual federal tax filings and reporting requirements such as FBAR and FATCA remain mandatory.

Grenadian citizenship can make it easier for US citizens to live outside the United States, but any tax benefits come from US rules, not from Grenada. When a US citizen lives abroad for most of the year, they may qualify for provisions such as the Foreign Earned Income Exclusion or foreign tax credits. These mechanisms can reduce the amount of US tax owed on income earned outside the country[7].

Key takeaways on Grenada investment real estate

  1. Grenada's citizenship-by-investment program allows individuals and their families to obtain second citizenship by investing at least $270,000 in a government-approved real estate project.
  2. Investors can secure Grenada citizenship within eight months without visiting or relocating to the country. 
  3. This program offers visa-free travel to over 140 countries, along with economic opportunities, a stable political environment, and an attractive tax regime. 
  4. The ability to include family members in the application, combined with the flexibility of not requiring residency in Grenada, further enhances its appeal.
  5. Grenada also provides alternative pathways to citizenship, such as investment in the Grenada state fund, employment-based routes, and through descent or marriage. 

Sources

  1. Source: The 2025 statistics report is published on the official website of the Grenada Citizenship by Investment Unit
  2. Source: The 2024 data on application outcomes is available on the official website of the Grenada Citizenship by Investment Unit
  3. Source: Details on application fees and government charges are provided on the official website of the Grenada Citizenship by Investment Unit
  4. Source: The full list of government-approved real estate projects under the program is published on the official website of the Investment Migration Agency Grenada
  5. Source: Tourism performance data are published on the Tourism Analytics website
  6. Source: All paths to Grenada citizenship are regulated by Chapter 54 Citizenship Act
  7. Source: Information on the Foreign Earned Income Exclusion and related tax provisions for US citizens living abroad is published on the official IRS website

Frequently asked questions

What is Grenada citizenship by investment 2025?

Grenada’s citizenship by investment program in 2025 allows individuals to obtain citizenship by making a significant economic contribution.

The primary pathways are a minimum investment of $270,000 in a government-approved real estate project or a non-refundable contribution to the National Transformation Fund starting at $235,000.

How easy is it to get citizenship in Grenada?

Obtaining citizenship in Grenada by investment is relatively straightforward compared to many other countries. The process involves: 

  • selecting a qualifying investment; 
  • submitting the necessary documentation; 
  • undergoing Due Diligence checks; 
  • waiting for approval. 

With a processing time of eight months, and no requirement to reside in Grenada, the program is designed to be efficient and accessible for investors.

Can foreigners buy property in Grenada?

Yes, foreigners can buy property in Grenada. The government encourages foreign investment in real estate through its citizenship by investment program. Foreign buyers must obtain an Alien Land Holding License, which costs 10% of the property value unless they are participating in the citizenship by investment program, which exempts them from this requirement.

What is the minimum investment required for Grenada citizenship by real estate investment?

The minimum investment required for Grenada citizenship by real estate investment is $270,000 in a government-approved project. This can be done individually or jointly with another applicant. The CBI real estate must be held for at least 5 years before it can be sold without affecting citizenship status.

How long does the application process take to obtain Grenada citizenship through real estate investment?

The application process takes eight months from submission to approval. The efficiency of the process depends on the completeness of the application and the responsiveness of the applicant in providing any additional information required.

Can I include my family members in the citizenship application?

Yes, you can include your spouse, children under the age of 30, and dependent parents or grandparents in your citizenship application. Additionally, unmarried siblings can also be included. Each family member will require additional government fees and Due Diligence checks.

Do I need to reside in Grenada to maintain my citizenship?

No, there is no residency requirement to maintain your Grenada citizenship after obtaining it through real estate investment. You are not required to live in Grenada before, during, or after the application process.

Are there any taxes on the income generated from my real estate investment in Grenada?

Grenada offers an attractive tax regime with no wealth, inheritance, or capital gains tax. However, rental income generated from the property is subject to income tax. The standard rate for rental income tax is 15%, but various deductions and allowances may apply, which can reduce the overall tax liability.

Can I sell the real estate property after obtaining citizenship?

Yes, you can sell the property after holding it for a minimum period of 5 years without losing your citizenship status. The investment must be maintained for this duration to comply with the Citizenship by Investment Program’s regulations. 

What is the Grenada citizenship by investment cost?

The cost of Grenada citizenship by real estate investment begins with a minimum property investment of $270,000 for approved project shares, or $350,000 for other eligible real estate. A non-refundable contribution requires a lower amount, starting at $235,000.

In addition, there is a $50,000 administrative fee for applications of up to four people, along with Due Diligence fees, application and passport fees, and other government charges. For a family of four, the overall cost typically starts at about $260,000.

How often does a Grenada passport need renewal?

Grenada citizenship is granted for life. The passport itself is valid for 10 years. Once expired, it can be renewed by submitting the required documents to the relevant authorities.

Immigrant Invest can guide applicants through the renewal process, help prepare the paperwork, and send the documents to the designated address on the applicant’s behalf.

What are the Grenada passport visa-free countries?

Grenada passport holders can travel visa-free to 140 countries. The list includes the Schengen Area, the UK, Singapore, Hong Kong, and China. Access conditions may vary by destination, so it is important to check entry requirements before planning a trip.

What are the Grenada citizenship by investment government fees?

The administrative fee for Grenada citizenship is $50,000 for a family of up to four, with additional charges for extra dependents. Applicants must also pay Due Diligence fees, application fees, passport fees, and other processing charges. The exact total varies based on family size and the investment option selected.

Can Grenada citizenship by investment be inherited by children?

Yes, Grenada citizenship is granted for life and can be passed on to future generations. If an investor obtains Grenada citizenship by investment, their children can also become Grenadian citizens.

Children can either be included in the investor’s citizenship application as dependants or apply later by descent if at least one parent is already a Grenadian citizen. In both cases, the family relationship must be confirmed with official documents, such as birth certificates.

Grenada citizenship by real estate investment: Complete Guide 2026
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Grenada citizenship by real estate investment: Complete Guide 2026
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