Grenada’s citizenship-by-investment program is one of the Caribbean’s most reliable routes to obtaining a second passport. It was created to attract foreign investment while giving qualified applicants and their families full citizenship of Grenada, along with all the rights and protections that come with it.
The Grenadian passport currently ranks within the top 30 globally, offering visa-free or visa-on-arrival access to around 148 destinations, including the United Kingdom, the Schengen Area, Singapore, and China. This global mobility, combined with Grenada’s political stability and welcoming business environment, makes it a preferred option for many investors.
With a minimum investment of USD 150,000, applicants can secure citizenship in roughly four to six months, without needing to relocate or meet any residency requirements. Grenada also allows dual citizenship and follows a territorial tax system, meaning that income earned outside the country is not taxed.
This guide explains everything you need to know about the programme, from the investment options and eligibility criteria to the benefits, risks, and long-term obligations of holding Grenadian citizenship.
Start your application or speak with a licensed advisor today to explore your path to Grenadian citizenship.
Why Choose Grenada
Grenada has built a strong reputation as one of the Caribbean’s most stable, transparent, and investor-friendly nations. As a Commonwealth and CARICOM member state, it benefits from political continuity, a dependable legal system, and access to regional cooperation agreements that enhance trade and mobility.
The country is English-speaking, welcoming, and safe, with a developing economy that focuses on sustainable tourism, education, and financial growth. These qualities, coupled with its favourable tax framework, have positioned Grenada as a secure and forward-looking choice for individuals and families seeking second citizenship.
Unlike other Caribbean countries that offer similar investment programs, Grenada holds a unique advantage: it is the only nation in the region with an active E-2 treaty with the United States, allowing Grenadian citizens to apply for long-term business residency in the US under the Treaty Investor Visa category.
Citizenship can be obtained within four to six months, entirely remotely, with no residency or physical presence requirement.
Grenada’s CBI programme is ideal for those who value freedom of movement, asset diversification, and peace of mind.
With strong international partnerships and a proven legal framework, it continues to stand out as one of the most respected and strategically beneficial options available.
Overview of Grenada Citizenship by Investment
While often compared to Caribbean Golden Visa–style programs, Grenada Citizenship by Investment Programme is an official government initiative established to attract sustainable foreign investment while providing qualifying applicants with full citizenship of Grenada. It operates under the Citizenship by Investment Act, No. 15 of 2013, and is supervised by the Citizenship by Investment Unit (CBIU) within the Ministry of Finance.
Through this program, eligible individuals can obtain Grenadian nationality by making an approved investment in either the National Transformation Fund's (NTF) or a government-approved real estate project. The investment options are carefully structured to support national development in areas such as tourism, infrastructure, education, and healthcare.
Since its launch in 2013, the program has evolved into one of the region's most transparent and efficiently managed alternatives to traditional residence permit schemes. In 2024, Statutory Rules and Orders (SRO) No. 15 introduced key updates, refining the definition of dependents and revising several administrative fees to strengthen duediligence standards.
Citizenship granted under this framework is lifelong, can be passed to future generations, and does not require renunciation of any existing nationality. Grenada recognises dual and multiple citizenship, allowing investors to retain their original passports while enjoying the privileges of being Grenadian citizens.
Top 10 Benefits of Grenadian Citizenship
Grenada Citizenship by Investment Options
Grenada’s Citizenship by Investment Programme provides two official investment routes, each defined by the CBI Act (2013) and its subsequent amendments, most recently the Grenada CBI (Amendment) (No. 2) Regulations, 2024 (SRO No. 15 of 2024).
Both routes contribute directly to Grenada’s national development while offering applicants clear, government-supervised pathways to citizenship.
1. National Transformation Fund (NTF)
The National Transformation Fund is a government-managed initiative that finances Grenada’s key economic sectors, including infrastructure, renewable energy, tourism, agriculture, and education. All contributions are non-refundable and deposited into the government’s designated account, where allocations are tracked under parliamentary oversight.
Minimum Contribution (Effective July 1 2024)
- USD 235,000 – Single applicant or family of up to four
- Additional dependant: an extra contribution applies per schedule of fees.
Funds from the NTF are partially earmarked for national debt reduction and emergency reserves, ensuring that CBI inflows directly strengthen Grenada’s fiscal position.
Processing times mirror the standard program duration of four to six months, with the simplicity of a one-time payment making this the most straightforward route for those seeking efficiency and minimal administrative burden.
2. Approved Real Estate Investment
The real estate option means buying shares or units in tourism or mixed-use projects that have been checked by the Investment Migration Agency (IMA) and approved by the Finance Minister.
Minimum Investment Thresholds (as of July 2024)
- USD 270,000 – Shared ownership (co-owned equity in an approved tourism project)
- USD 350,000 – Full ownership (freehold unit or villa in approved project)
A non-refundable government contribution of USD 50,000 is payable for families of up to four, with additional fees for dependants beyond that number.
Mandatory Holding Period: Minimum of five years from the date citizenship is granted.
At this time, the asset cannot be sold, transferred, or mortgaged without violating program regulations. After the holding period, the property may be resold to another CBI applicant, creating a legitimate secondary market.
Real estate investors may also earn rental income through developer-managed schemes, typically projected at 3–5 percent per annum, though actual returns depend on market conditions and tourism performance.
Additional Costs to Consider
- Homeowner Association / Maintenance Fees: USD 3,000–8,000 per year (approx.)
- Share Registration and Legal Fees: around USD 11,000 on average
- Property insurance and management fees depend on project scale.
Non-resident investors are not taxed on foreign or offshore income, and local rental income is taxable only if the citizen becomes a Grenadian tax resident.
Grenada CBI Legal Framework and Safeguards
Grenada's citizenship program operates under a robust legal system that provides full constitutional protection to investors who obtain nationality through approved economic contributions. It is managed by the IMA Grenada, the official government body responsible for oversight, compliance, and due diligence within the Ministry of Finance.
The framework has evolved over time to reflect international best practices, most recently through the 2024 amendment to the citizenship regulations, which refined eligibility, fees, and family definitions. These updates ensure Grenada’s continued alignment with standards set by global financial and security bodies.
Citizenship acquired through investment is lifelong and inheritable, enjoying the same status as citizenship by birth under the Constitution of Grenada. Revocation applies only in serious cases, such as fraud, concealment of facts, or national security threats, reinforcing the program’s integrity.
Grenada also permits dual and multiple citizenships, allowing investors to retain their existing nationality without renunciation. This flexibility provides both personal freedom and practical benefits for global mobility, asset management, and tax planning.
Who’s Eligible for the Grenada Citizenship by Investment
Grenada’s citizenship-by-investment program is open to individuals who meet the government’s duediligence and financial requirements.
The framework is designed to ensure that only reputable applicants, capable of demonstrating a legitimate source of funds, qualify for citizenship.
Main Applicant Requirements
To apply, the main applicant must:
- Be at least 18 years old.
- Have a clean criminal record and pass all due-diligence background checks.
- Provide evidence of a lawful and verifiable source of funds.
- Be in satisfactory health and maintain valid medical insurance covering themselves and all dependants.
Applicants must submit fingerprints and financial documentation during the initial review stage.
Grenada permits the inclusion of a wide range of family members in a single application, making it one of the more flexible Caribbean citizenship programs.
Dependants who may be included:
- Spouse of the main applicant.
- Children aged under 30, provided they are unmarried, financially dependent, and in full-time education if aged 18 or older.
- Parents or grandparents aged 55 and above who are financially dependent on the main applicant.
- Siblings of the main applicant or spouse, provided they are under 18, single, and childless, with the applicant acting as their legal guardian.
Each dependant must pass a security screening and present proof of relationship to the main applicant, supported by notarised documentation.
Health and Insurance Obligations
Every applicant and dependant is required to hold valid health insurance that remains active throughout the application process and beyond. Minor health conditions are not automatically disqualifying, but medical clearance is mandatory.
Restricted Nationalities
As of 2025, applications from citizens of the following countries are not accepted under standard processing:
- Russia
- Belarus
- Iran
- North Korea
There is also enhanced review or temporary suspension applied to certain third-country nationals with origins or previous residence in Syria, pending verification by the Grenadian authorities.
Application Process & Timeline
Grenada’s Citizenship by Investment programme follows a structured and transparent process managed exclusively through licensed local agents.
Applicants are not required to visit Grenada at any stage, and the entire process can be completed remotely.
On average, it takes between four and six months from the initial due-diligence stage to passport issuance.
The process is clear, efficient, and fully remote, with most applicants receiving approval and passports in under six months.
Required Documents for Grenada Citizenship by Investment
Each applicant must submit a complete set of personal, civil, financial, and supporting documents. All documents not in English must be accompanied by a certified English translation and authenticated with an apostille or notarial certification.
Core Application Forms
- Form 1: Personal data and applicant information
- Form 2: Fingerprint verification form (completed before a licensed officer)
- Form 3: Particulars for the Ministry of National Security
- Form 4: Medical certificate, including HIV test results
- Form 5: Employment, business, and wealth declaration
- Form 6: Investment confirmation (for both NTF and real estate routes)
- Thomson Reuters Consent Form: Mandatory for all applicants aged 16 and above for due diligence purposes
- Passport Application Form for each new citizen
- Oath of Allegiance Form (completed remotely since 2023)
Civil and Identity Documents
- Full birth certificate (original or certified copy; two copies required)
- Valid passport copies (coloured; include all identification pages)
- National ID or social security card (for each applicant)
- Marriage or divorce certificate (if applicable; two certified copies)
- Proof of name change (if applicable)
- A permanent residence card or proof of residence is required.
- Recent passport-sized photo (35x45mm, plain background, in digital JPEG or PNG format)
Financial and Supporting Evidence
- 12 months of personal bank statements
- Original bank reference letter (issued within the last 6 months)
- Professional reference letter (from lawyer, accountant, or employer)
- Payslips or salary verification letters
- Detailed CV or résumé
- Proof of residential address (e.g., recent utility bill or lease agreement)
- Proof of source of funds (business registration, investment portfolio, tax returns, etc.)
Additional Family & Legal Documents
- Affidavit of support for dependants
- Affidavit confirming dependent parents’ names
- An affidavit from a spouse or ex-spouse regarding custody or consent for children
- Education certificates (for children over 18 in full-time education)
- Military service card (if applicable)
- Police clearance certificate from the applicant’s country of citizenship and residence (must be original and issued within six months)
Real Estate Route (if applicable)
- Purchase and Sale Agreement (four copies required)
- Escrow Agreement and Letter of Engagement with the local agent or developer
- Proof of investment payment or escrow transfer confirmation
Certification & Translation Rules
All non-English documents must be translated and certified by a licensed translator. The notary or lawyer providing certification must attach their professional licence copy to each document.
Minimum Stay Requirement
There is no residency or visit requirement for Grenada’s citizenship programme. Applicants can obtain and retain citizenship entirely remotely, with no obligation to live in or travel to Grenada.
Fees & Costs
Grenada’s citizenship-by-investment program maintains transparent and regulated pricing. All fees are set by the government. Below is a summary of the typical costs applicants can expect when applying through either the National Transformation Fund (NTF) or the Approved Real Estate route.
These figures exclude optional professional or banking charges, which vary depending on the applicant’s chosen agent and financial institution.
Government Fees and Due Diligence
Estimated Total Costs by Route
Real Estate Investment Route
All programme fees are fixed and transparent, with due diligence charges strictly non-refundable once screening begins.
Legal and agent service costs vary by family size and investment route but generally range between USD 8,000 and 15,000.
What Happens After You Become a Citizen
Grenadian citizenship is permanent and does not carry any residency or visitation obligations. Once granted, investors enjoy full rights equal to those of natural-born citizens, with no requirement to live in or travel to Grenada to maintain their status.
The only ongoing administrative obligation is the passport renewal, which must be completed every five years through the standard renewal process. No additional government or maintenance fees apply beyond this renewal.
For those who obtained citizenship through the real estate route, the investment property must be retained for a minimum of five years. Selling or transferring the asset before the end of the holding period can result in the revocation of citizenship for the investor and any dependants linked to that application.
Grenadian citizens are encouraged to keep their contact details and documentation up to date with local authorities to ensure seamless passport renewal and consular support when needed.
Visa-Free & Mobility Benefits
Grenadian citizenship offers extensive travel freedom, granting visa-free or visa-on-arrival access to approximately 148 countries and territories worldwide.
The passport consistently ranks among the top 30 globally on major indices.
Notable Visa-Free Destinations
- United Kingdom: Up to 6 months visa-free stay for tourism or business.
- Schengen Area (EU): 90 days within any 180-day period, covering all 27 member states.
- China: One of the very few countries whose citizens may enter visa-free for up to 30 days – a rare privilege among Caribbean nations.
- Singapore and Hong Kong offer visa-free entries, which makes Grenada ideal for frequent travellers in Asia.
- Russia & Brazil: Visa-free access for business or tourism purposes.
U.S. E-2 Treaty Investor Visa Advantage
Grenada stands out as the only Caribbean citizenship-by-investment country maintaining an active E-2 Treaty of Commerce and Navigation with the United States, signed in 1989.
This treaty grants Grenadian citizens the right to apply for a renewable E-2 Investor Visa, enabling residence in the U.S. to establish or operate a qualifying business.
While not visa-free entry, it allows successful applicants and their families to live and work in the U.S. indefinitely, provided the business remains operational and compliant.
Grenada Tax Environment
Grenada’s tax system is designed to attract global investors, entrepreneurs, and retirees seeking financial simplicity and efficiency.
The island operates under a territorial taxation model, meaning you’re taxed only on income earned within Grenada.
Key Features of Grenada’s Tax System
Grenada’s straightforward fiscal regime makes it an ideal base for international investors who want to maintain global operations while benefiting from a low-tax environment.
Whether you’re a digital entrepreneur, a business owner, or a retiree managing offshore income, Grenada offers both privacy and predictability.
Why Choose Movingto
At Movingto, we believe that acquiring second citizenship should feel secure, informed, and personal, not transactional.
Our approach combines legal precision with human understanding, ensuring each applicant moves through the Grenada CBI process with absolute clarity and confidence.
What Sets Us Apart
- Trusted expertise: Our team works alongside licensed immigration lawyers and authorised agents to manage every stage of your application.
- Transparent pricing: Every cost, from due diligence to legal fees, is outlined upfront, no surprises or hidden extras.
- The compliance-led process: We prioritise regulatory accuracy and documentation integrity to ensure your application meets official requirements.
- Global perspective: We help you evaluate how Grenadian citizenship fits into your broader mobility, lifestyle, or investment strategy.
- Personalised support: From eligibility checks to post-approval assistance, our experts guide you through each milestone.
Our Commitment
We don’t sell shortcuts, we build strategies.
When you work with Movingto, you gain a long-term partner focused on trust, clarity, and measurable results.
Learn more about our client-first approach.
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