grenada

Minimum investment

$235,000

processing time

2-5 Months

key residency benefit

Affordable Citizenship Options

Benefits of Citizenship by Investment in Grenada

  • ✺

    Visa-free travel to over 140 countries

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    A favorable tax system

  • ✺

    Cost-effective program - minimum investments from only $235,000

  • ✺

    No interview or minimum stay requirements

  • ✺

    Applications processed within 2-5 months

  • ✺

    Citizenship is passed down to future generations

discover grenada

The government launched the Grenada Citizenship by Investment Program in August 2013 to drive the country's economic growth through foreign investments.

The Grenada Citizenship by Investment Program attracts investors from all over the world who wish to increase their family's global mobility and have the security of a second citizenship.

From as little as $235,000, investors can receive a Grenadian passport and a wide array of benefits. Passport holders are granted visa-free access to over 140 countries, including the Schengen Area, the UK, Hong Kong and more.

About grenada

Grenada is an island country in the West Indies. Famous for its spice trading business, Grenada is often referred to as the Island of Spice.

The country is also known for its pristine natural beauty. This includes white sandy beaches, lush rainforests, majestic waterfalls, historic forts, botanical gardens and coral reefs with the world's first underwater sculpture park.

Grenada offers political stability, a secure currency, and a thriving tourism industry.

How to obtain citizenship by investment in grenada

  • Make a non-refundable contribution to the National Transformation Fund (NTF).

    The NTF was established when the CBI program launched in 2013. The aim of the NTF is to assist in boosting the economy of the country. Both the contribution and government fees are payable only once citizenship is approved.

    The minimum contribution to the NTF is $235,000 for a Single Applicant for a family of up to 4. Further costs of additional dependents apply of $25,000/$50,000 on a per-person basis. An additional cost of $75,000 is applied when adding a sibling. Other costs, such as application fees and due diligence fees, also apply.

  • Investment into a government approved real estate project with a minimum investment amount of $270,000. An additional minimum non-refundable contribution of $50,000 applies.

    Investors also have the opportunity to re-sell their investment through the scheme after a mandatory holding period, which is between 3 to 7 years depending on the project, without affecting their citizenship status.

    For the avoidance of doubt, the revised pricing regime ensures that there will be no distinction in investment costs between a single applicant and a Main/Principal Applicant with up to three (3) dependents for the NTF option. Additionally, the NTF contribution of $235,000 comprises of a minimum of $200,000 to be retained by the government and an allocation of up to $35,000 to be paid as commission to Agents. Similarly, the Approved Project investment of $270,000 to be paid to the Developer’s Escrow Account is comprised of a minimum of $230,000 to be used towards project construction costs.

plan of action for the grenada citizenship by Investment program

  1. Preparation

    Submit to CIBC with initial fees and documents.

  2. Processing (2–5 months)

    Background checks incl. proof of funds.

  3. Completion

    Contribution or investment completed; fees paid.

  4. Citizenship

    Certificate of Registration and passport issued.

Frequently asked questions

  • To be eligible for the Grenada Citizenship by Investment Program, the primary applicant requirements are:

    • Be over 18 years old

    • Have a clean criminal record

    • Have no outstanding Visa refusals

    • Be in good health

    • Be of good character and pass detailed due diligence and background checks

    • Be able to provide proof of funds from a legal source

  • Family members can be included in the application. The principal investor can include:

    • Spouse

    • Children under the age of 30

    • Dependent Parents or Grandparents of either spouse over the age of 55

    • Dependent siblings over the age of 18 that are unmarried with no children

  • Applicants do not need to live or visit Grenada to obtain and keep their citizenship at any stage and do not need to pass any interviews.

  • The Grenada Citizenship by Investment Program offers applicants access to an attractive tax regime. For non-tax residents, there are no capital gains, inheritance tax, income tax, or wealth tax on worldwide income or assets in Grenada. Be aware that some local tax measures may apply.