When exploring second citizenship through investment, clarity around costs is essential.
Grenada's Citizenship by Investment (CBI) program is one of the most attractive options in the Caribbean, but its fee structure can be complex.
The Government of Grenada introduced a new pricing model in July 2024, which increased the minimum investment and restructured the calculation of dependent fees.
Despite this, many online sources still display outdated information, making it difficult for investors to get a reliable estimate.
This live tracker solves that problem.
Whether you are applying as a single investor or with a family, through donation or real estate, this guide outlines every cost involved.
That includes government fees, due diligence, passport and interview charges, as well as less obvious third-party expenses.
All amounts are listed in US dollars and verified against official circulars.
This resource is updated regularly to help you make informed decisions with accurate, current data.
Official Pricing Update (Live Tracker)
Effective July 1, 2024, the Government of Grenada implemented a revised Citizenship by Investment fee structure.
This update replaced all previous pricing tiers and introduced a simplified model for families of up to four, along with a clearly defined add-on system for additional dependents.
Here are the current minimum investment thresholds under the two official pathways:
Grenada Citizenship by Investment Program Overview
Grenada's Citizenship by Investment (CBI) program offers a direct path to second citizenship for individuals and families willing to make a qualified economic contribution to the country.
Launched in 2013 and revamped several times since, the program has gained global appeal for its relatively rapid processing, tax neutrality, and powerful visa benefits.
Program at a Glance
This program is one of only a few globally that combines tax efficiency with U.S. market access via the E-2 treaty.
It appeals especially to high-net-worth individuals from non-treaty countries seeking a long-term strategic mobility and relocation plan.
Benefits of Grenada Citizenship
Grenada’s CBI program offers more than just a passport.
For investors, Grenada's CBI program provides opportunities for enhanced global mobility, long-term asset protection, and strategic access to U.S. and Chinese markets—two unique benefits not commonly found in other Caribbean citizenship programs.
Why Investors Choose Grenada: A Closer Look at the Benefits
Beyond affordability and speed, Grenada’s Citizenship by Investment program stands out for the quality of life, global access, and strategic leverage it offers high-net-worth individuals and their families.
Here's a more profound look at the advantages driving demand in 2026.
1. Global Mobility That Includes China and Russia
Grenadian passport holders enjoy visa-free or visa-on-arrival access to over 140 countries, including uncommon markets like China and Russia (countries excluded by most Caribbean programs).
The inclusion of the Schengen Area, the UK, and Singapore makes Grenada especially attractive to globally mobile professionals.
2. Unique U.S. Access via the E-2 Visa
Grenada holds a bilateral E-2 treaty with the United States, enabling its citizens to apply for an investor visa to start or run a business in the U.S.
This makes Grenada one of the few legitimate pathways to U.S. residency via investment for nationals of countries like India, China, or South Africa.
Note: Since 2023, applicants must reside in Grenada for 3 years before becoming eligible for the E-2.
3. No Residency Requirement—Ever
Grenada does not require physical residence at any stage of the application process or after citizenship is granted.
There’s no mandatory interview or visit either. Citizenship is truly remote and permanent.
4. Tax Optimization for Global Earners
Grenada levies no tax on worldwide income, wealth, capital gains, inheritance, or foreign dividends.
This is especially advantageous for digital entrepreneurs, remote investors, and those holding multinational assets or businesses.
5. Dual Citizenship Without Restrictions
The country does not restrict dual citizenship, so investors may retain their original nationality without legal or practical consequences.
6. Flexible Family Coverage
Grenada’s definition of dependents is more generous than most. Investors can include:
- Spouses and children up to age 30
- Parents or grandparents of either spouse
- Unmarried siblings (aged 18+) with no children
This flexibility is ideal for multigenerational families or applicants supporting extended relatives.
7. Fast Processing, Trusted Track Record
Citizenship is typically approved within 6 to 9 months, provided documents are in order.
With over a decade of program history and a robust due diligence framework, Grenada has built a reputation for transparency, compliance, and efficiency.
8. Lifetime Value and Intergenerational Transfer
Grenadian citizenship is granted for life and can be passed on to children. There is no expiry, no renewal fee, and no obligation to maintain property or residency once approved.
Eligibility Requirements
Grenada’s Citizenship by Investment program is accessible, but not automatic.
Applicants must meet basic eligibility criteria, undergo due diligence, and ensure that all listed dependents qualify under the official definitions.
Main Applicant Criteria
To apply for Grenadian citizenship through investment, you must:
- Be at least 18 years old
- Be in good health
- Have no criminal record
- Pass enhanced due diligence checks
- Provide proof of the source of investment funds
- Choose an investment route (NTF donation or approved real estate)
- Use a licensed Authorized Local Agent to file the application (required by law)
Eligible Dependents
You may include the following family members in your application:
- Spouse of the main applicant
- Children under 18, or aged 18–30 if financially dependent or enrolled full-time in higher education
- Children of any age with a physical or mental disability
- Parents or grandparents of either spouse (no minimum age if financially dependent)
- Unmarried siblings of the main applicant, aged 18 or older, with no children
Ineligible Applicants
You may be disqualified from applying if:
- You have been denied a visa to a country with which Grenada has visa-free travel (e.g., Schengen, UK)
- You have a criminal conviction or pending investigation
- You are subject to sanctions or restrictive orders, or are considered a politically exposed person (PEP) without full disclosure
- You fail to meet documentation or financial transparency requirements during the background check phase
Investment Option 1: National Transformation Fund (NTF) Donation
The National Transformation Fund (NTF) is the simplest and most direct route to Grenadian citizenship.
It involves a non-refundable donation to a government fund dedicated to economic development projects such as tourism, education, agriculture, and alternative energy.
Key Highlights
- Minimum Donation: $235,000
- Eligible for: Main applicant and up to three dependents (family of four total)
- Structure: Flat-rate, no ownership or return
- Refundable? No
- Processing Time: ~6–9 months
This route is ideal for applicants who prefer minimal involvement, a fixed cost structure, and no requirement to manage or maintain a property in Grenada.
What’s Included in the $235,000
The base $235,000 donation covers the following:
- The main applicant
- A spouse
- Up to two additional dependents (typically children)
It does not include administrative fees such as due diligence, application, passport issuance, or interview costs.
Investment Option 2: Real Estate Investment
The real estate route offers a recoverable investment path to Grenadian citizenship by purchasing shares or units in a government-approved property development.
While more complex than the donation route, it appeals to applicants who want the option to recover part of their capital and possibly earn returns during the holding period.
Key Highlights
- Minimum Investment: $270,000 (shared) or $350,000 (sole ownership)
- Mandatory Government Fee: $50,000 (covers up to four people)
- Recoverable? Yes, after a minimum five-year holding period
- Type of Property: Must be part of an IMA-approved development
- Use: Shared units cannot be used personally; sole ownership may allow private use
Mandatory Government & Administrative Fees
Regardless of whether you choose the NTF donation or the real estate investment route, all applicants must pay a fixed set of administrative and background-check fees.
These apply per person and are non-refundable, even if an application is denied.
The Grenadian government sets these costs uniformly across all applications.
Standard Administrative Fees
Total Costs & Agent Fees: What to Expect
While Grenada’s Citizenship by Investment program is straightforward, the final cost can vary based on your chosen route, number of dependents, and professional fees.
Realistic All-In Totals (2026)
- Single applicant (NTF route): ~$250,000
- Couple + 2 children (real estate): ~$370,000
- Family of 5 (NTF): ~$305,000–$320,000
These totals include the required investment, government fees, due diligence, interviews, passports, legal coordination, and third-party disbursements.
Travel, courier, and expedited options are extra.
What Agents Charge
You are legally required to file through an Authorized Local Agent.
Most charge:
- $10,000–$20,000 flat fee for standard families
- Higher rates for large, complex, or urgent files
- Some bundle legal services; others list disbursements separately
You’ll also pay for:
- Notarizations, translations, courier (~$1,500+)
- Escrow setup or bank compliance (~$500–$1,000)
- Interview logistics and remote oath coordination, if needed
Always request a complete breakdown. Hidden extras often include success fees, share registration costs (for real estate), or “buffer” amounts for minor changes.
Renewal, Resale & Exit Options
Grenada’s Citizenship by Investment program is lifetime citizenship, meaning once approved, your citizenship does not expire.
However, there are still practical considerations to keep in mind, especially if you’re investing in real estate or applying with dependents.
Passport Validity & Renewal
- Initial passport is valid for 5 years
- Renewal is straightforward through any Grenadian consulate or authorized agent
- No residency or visit requirement to renew
- Renewed passports are typically valid for 10 years (adults) and 5 years (minors)
Expect to pay ~$350 in government fees, plus courier, agent, and notary charges if done remotely.
Real Estate Resale Rules
If you invested via real estate, you can resell your share or unit after 5 years, provided:
- The property remains on the government’s approved CBI list
- The buyer is not another CBI applicant (unless the program permits it at that time)
- You maintain your investment until the fifth anniversary of your citizenship certificate
Some developers even offer buyback guarantees—these may lock your capital but provide partial recovery.
Switching Between Investment Routes?
No. Once naturalized under a specific investment path (donation or real estate), you cannot later switch or “upgrade” routes.
If you wish to invest again (e.g., for another family member), it must be done as a new application.
FAQs
Conclusion
Grenada’s Citizenship by Investment program remains one of the most accessible and straightforward second passport routes in the world.
Despite the well-defined core contribution and investment options, the actual cost of acquiring citizenship frequently surpasses the headline figures.
From due diligence to administrative fees and unexpected processing add-ons, budgeting accurately requires up-to-date, verified numbers.
This guide aimed to give you clarity on all applicable costs so you can plan your application with confidence.
Grenada provides a compelling package for individuals seeking a Caribbean passport with global reach, regardless of their preference for visa-free travel, family security, or future mobility.
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