Grenada citizenship
by investment
Second citizenship for extended families and visa-free travel to 148 countries
Download the guide Calculate the costThe Grenada citizenship by investment (CBI) program was launched in 2013.
Participants choose between two options: making a contribution to a government fund or investing in real estate. The property must be held for the first five years of citizenship, and after that, it can be resold.
Investors receive passports not only for themselves but also for their families.
The Grenadian passport grants visa-free access to China for up to 30 days per year. In total, 148 countries can be visited without visas on a Grenada passport.
10 main benefits of the Grenada citizenship by investment program
Visa-free travel to 148 countries
Grenada citizens can travel visa-free to 148 countries, including the EU, the UK, Hong Kong, and China.
Low investment threshold
Grenada citizenship can be obtained with a minimum investment of $235,000. It is the third most affordable option among Caribbean countries offering citizenship by investment.
Citizenship for the entire family
The investor’s immediate family members, including a spouse, children, parents, and siblings are also eligible for citizenship.
Additionally, the Grenada passport can be inherited by future generations.
Fast processing time
The citizenship application process typically takes a minimum of 8 months to complete.
Convenient service
Citizenship is obtained remotely and confidentially through a licensed program agent, such as Immigrant Invest.
Potential for investment returns
The Grenada citizenship program allows investors to purchase shares in tourism infrastructure projects. These properties can be rented out, yielding an annual return of 2 to 5%. After five years, investors may sell the property for a potential profit.
Pathway to dual citizenship
Grenada permits dual citizenship, allowing new citizens to retain their original nationality.
Access to tourist and business visas to the USA
Grenadian citizens are eligible for a 10-year B-1/B-2 visa for tourism, medical treatment, and business meetings in the US, allowing a stay of up to 180 days per year.
Additionally, investors can apply for an E-2 business visa, granting residency rights for themselves and their families in the US, after residing in Grenada for three years.
Preferential education opportunities for children
The investor’s children can receive education in the UK under preferential terms.
Opportunity to optimise taxes
Grenada taxation may benefit residents as income and capital received from outside the country are not taxed. There are also no taxes on wealth, inheritance, or capital gains.
Practical guide to Grenada citizenship
- Step-by-step procedure
- Requirements for applicants
- Necessary documents
- Answers to frequently asked questions
PDF, 36 pages, 12 MB
Who is eligible for Grenada citizenship?
- Over 18
- With legitimate source of income
- Without criminal records
- Without visa or citizenship refusals
- Without serious illnesses
- Has passed Due Diligence
- Of the opposite sex
- In an officially registered marriage
- Without criminal records
- Financially dependent on the investor
- No age limit
- Financially dependent on the investor
- Over 18
- Unmarried and with no children of their own
- Financially dependent
Investment options and requirements for obtaining Grenada citizenship
Non-refundable contribution
$235,000+
A non-refundable contribution is made to the National Transformation Fund. Grenada uses the fund money to support healthcare, education, and agriculture.
In addition to the primary investment, participants also pay for Due Diligence, document preparation, and state fees. The total cost varies based on the number and ages of family members included in the application.
Investments in the Grenada state fund, including fees
| Contribution to the National Transformation Fund | $235,000 — for a family of up to 4 people
$25,000 — for a child or a parent or grandparent over 55, starting with the fifth family member $50,000 — for a parent or grandparent under 55 $75,000 — for a sibling |
| Due Diligence | $5,000 per applicant over 17 |
| Interview | $1,000 per applicant over 17 |
| Application fee | $1,500 per applicant |
| Processing fee | $500—1,500 per applicant |
| Passport fee | $250—350 per applicant |
| Courier fee | $150 for a family |
Purchase of government-approved real estate $270,000+
Investors can select a property from a government-approved list, which includes hotels, condominiums, villas, and apartments. Grenada offers the option to purchase a share in an approved tourism project or acquire an entire villa or apartment.
The minimum investment of $270,000 applies under the following conditions:
- the investor purchases a share in a government-approved tourism real estate project;
- at least two people invest in the project; and
- the combined investment in the project is $440,000 or more.
If any of these conditions are not met, the minimum investment requirement increases to $350,000.
Investment properties can be rented out to generate income. After 5 years, the property can be sold, allowing the investor to recoup their investment.
Investments in Grenada real estate, including fees
| Investment amount | $270,000+ — regardless of the number of applicants | |||
| State fee | $50,000 — for a family of up to 4 people
$25,000 — for a child or a parent or grandparent over 55, starting with the fifth family member $50,000 — for a parent or grandparent under 55 $75,000 — for a sibling |
|||
| Share registration fee | ≈ $11,000 | |||
| Due Diligence | $5,000 per applicant over 17 | |||
| Interview | $1,000 per applicant over 17 | |||
| Application fee | $1,500 per applicant | |||
| Processing fee | $500—1,500 per applicant | |||
| Passport fee | $250—350 per applicant | |||
| Courier fee | $150 for a family | |||
Expenses for obtaining Grenada citizenship for a family of four
| Expenses | Fund contribution | Real estate purchase |
| Investment amount | $235,000 | $270,000+ |
| Share registration fee | — | ≈ $11,000 |
| Due Diligence | $15,000 | $15,000 |
| State fee | — | $50,000 |
| Application fee | $6,000 | $6,000 |
| Processing fee | $5,000 | $5,000 |
| Interview | $3,000 | $3,000 |
| Passport fee | $1,300 | $1,300 |
| Courier fee | $150 | $150 |
| Total | $265,450 | $361,450+ |
Individual cost calculation for Grenada citizenship
Get an individual calculation for your family with all associated costs and government fees
Get the cost calculationInvestment property in Grenada
Selection of real estate
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
Why the help of a licensed agent is required
Grenada law prohibits investors from applying for investment citizenship alone. To participate in the Grenada citizenship by investment program, one must contact a licensed agent, whether a law or consulting company, which helps with every step of the process.
Immigrant Invest is a licensed agent of the Grenada citizenship by investment program.
Required documents for obtaining Grenada second citizenship by investment
To apply for Grenada citizenship, applicants must submit the following documents along with their application:
- a passport;
- a birth certificate;
- recent passport-sized photos;
- marriage or divorce certificates, if applicable;
- an affidavit of support for dependents;
- education certificates;
- bank statements;
- a police clearance certificate;
- documents verifying the investment, such as a sale and purchase agreement or an escrow agreement for the fund contribution.
The application form is filled in by the Immigrant Invest lawyers. Applicants only need to sign it.
5 steps to obtaining the Grenada passport by investment
The process for obtaining Grenadian citizenship is consistent across both investment options. All procedures are confidential, conducted remotely, and generally completed within 8 months.
Preliminary Due Diligence
Immigrant Invest’s certified Compliance Department reviews the investor’s documents to identify any potential risks. If concerns arise that might result in application rejection, we will suggest solutions or alternative citizenship programs.
Upon successful preliminary Due Diligence, the investor signs a Services Agreement with Immigrant Invest.
Documents preparation
Lawyers provide the investor with a list of required documents, assist with translations, apostilles, government form completion, and prepare affidavits if needed.
The documents are then submitted to the Bank of Grenada for clearance before the CBI Unit begins its review.
Due Diligence by the Grenada CBI Unit
The CBI Unit conducts a thorough Due Diligence check after receiving the application. This process is remote, and applicants do not need to be present.
The investor and dependents over 17 also undergo an interview in English or the applicant’s native language.
Fulfilment of the investment condition
Once the CBI Unit approves the application, they inform Immigrant Invest, and the applicant completes the investment as specified.
Receiving citizenship documents
The investor receives their Grenada passport and naturalisation certificate, either from the licensed agent’s office or via courier delivery to their chosen 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, Head of the Austrian office
Extending the Grenada second passport
The Grenada passport is valid for 10 years, regardless of the applicant’s age. To renew the passport, investors do not need to travel to Grenada. They can apply at the nearest Grenadian consulate or embassy. Alternatively, Immigrant Invest lawyers can prepare the necessary documents and initiate the renewal process on the investor’s behalf.
For passport renewal, investors need to submit the following documents:
- a current Grenadian passport;
- two recent passport-sized photos;
- a birth certificate or a national ID card;
- proof of citizenship, if applicable;
- other documents specified on the application form.
It is recommended to begin the renewal process at least six months before the passport expires. A new passport is typically issued within 2—4 weeks.
Visa-free destinations with the Grenada passport
- Botswana
- Malawi
- Senegal
- Uganda
- Zambia
- + 23 countries
- Argentina
- Bahamas
- Cuba
- Peru
- Venezuela
- + 34 countries
- China
- Hong Kong
- Malaysia
- Singapore
- South Korea
- + 11 countries
- Belgium
- Iceland
- Monaco
- Switzerland
- United Kingdom
- + 41 countries
- Armenia
- Iran
- Israel
- Jordan
- Palestine
- Cook Islands
- Fiji
- Micronesia
- Samoa
- Vanuatu
- + 7 countries
Frequently asked questions
What are the main benefits of the Grenada citizenship by investment program?
Investors appreciate the program for the following:
- Affordability. Citizenship by investment in Grenada can be obtained for $235,000 or more, depending on the chosen option and the family composition.
- Quick processing. The passport issuance procedure takes 8 or more months.
- Convenient service.The procedure is fully remote and confidential. All processing is done through a licensed agent of the Grenada CBI program.
What are the advantages of Grenada citizenship for investors?
An investor with a Grenada passport can:
- travel freely to 148 countries;
- get a US E-2 business visa;
- get a B-1/B-2 visitor visa to the USA for 10 years;
- visit China without a visa;
- educate children in the UK on preferential terms;
- change the tax residency;
- receive passive income from real estate rental.
What are the requirements for investors who want to participate in the Grenada citizenship by investment program?
The Grenada CBI program conditions require the main applicant to be over 18 years old and have no sanctions and criminal records. The investor must not have been rejected under other citizenship programs or in getting visas. Applicants also pass Due Diligence and prove that their income is legal.
Who can obtain Grenadian citizenship with an investor?
Together with the main applicant, the second Grenada citizenship may be granted to their spouse, children up to 30 years old, parents, and siblings over 18. Siblings must have no children and be unmarried.
What are investment options available under the Grenada citizenship by investment program?
Investors choose between two options:
- A contribution to the National Transformation Fund of at least $235,000.
- Investments in real estate from a list of government-approved projects. The minimum property price is $270,000. The minimum ownership period is 5 years.
What are additional expenses under the Grenada citizenship by investment program?
In addition to the investment, the applicant pays fees for document preparation, application processing, Due Diligence, and an interview. The total cost depends on the number and age of the family members.
Can the investor return the invested money?
Yes, the investor can return the money if they get Grenada passport by investment in real estate. To do so, they can sell a property 5 years after obtaining their passport. Over the ownership period, they can rent it out and earn a passive income of 2 to 5% a year.
What is the procedure for obtaining Grenada citizenship by investment?
The procedure of obtaining Grenada economic citizenship consists of 5 main steps.
- Choosing a licensed agent who is authorised to act on the investor’s behalf.
- Preparation of documents according to the list provided by the lawyers. Lawyers translate and apostille documents and complete government forms.
- Due Diligence. This check takes place remotely, without the physical presence of the investor. During the Due Diligence, the investor and their family members over 17 also undergo an interview.
- Fulfilment of investment requirements. Upon approval, the applicant has 30 days to contribute to the fund or buy real estate.
- Receiving citizenship documents. All documents can be picked up at our office or delivered by courier to the desired address.
How fast can I get Grenada citizenship?
The process of obtaining Grenada investment citizenship takes at least 8 months.
Can an investor be deprived of citizenship?
Yes, an investor can be stripped of Grenada investment citizenship in the case of:
- Fraud — if the investor has concealed or provided false information about themselves.
- Offence — if the investor has been convicted within 5 years of naturalisation and got a sentence of imprisonment of 12 months or more, has fought against Grenada in alliance with another state, or has committed a state crime.
- Sale of real estate acquired under the CBI programme in less than 5 years.
How much does it cost to become a Grenada citizen?
Under the Grenada economic citizenship program, the minimum investment is $235,000, which is contributed to the National Transformation Fund.
Is it easy to get citizenship in Grenada?
It is relatively easy to obtain a Grenada passport by investment. The applicant must invest $235,000+, undergo a Due Diligence check, and wait 8 or more months. They don’t need to come to Grenada at any step of the citizenship acquisition process.
For detailed information about participation in the Grenada CBI program, see also the following links: About Grenada, Fund Contribution, Real Estate, or Visa-free countries.
What are other ways to become a citizen of Grenada?
Along with the investment path, foreigners can get Grenada citizenship by naturalisation, marriage, or descent.
By naturalisation. A person can become a Grenadian if they have lived in the country for at least 5 years within the last 7 years before the application, including at least 12 months immediately prior to applying for a passport.
Be marriage. Foreigners obtain Grenada citizenship by registration if they are married to a Grenadian national, who may be a citizen of the country either by birth or naturalisation.
By descent. Individuals with at least one Grenadian parent can obtain citizenship by descent. This applies to both minors and adults. Adopted children of Grenadians also obtain passports by descent.
Caribbean citizenship
Alternative investment programs
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