Grenada Citizenship by Investment Programme
Grenada has several reasons to be a favourite among high net-worth individuals. Having restructured, redeveloped, and re-launched its citizenship by investment programme in 2013, the Caribbean island-nation has become a popular second citizenship option, particularly among those with larger families. Through Grenada’s Programme, successful applicants can obtain citizenship, and later, a passport that allows visa-free or visa-on-arrival travel to more than 140 countries and territories.
Beyond the benefits of economic and international freedom, Grenada also offers many lifestyle perks to those who decide to call it home. Affectionately known as the Spice Island due to its rich heritage of growing and trading spices, Grenada basks in a year-round tropical climate with cooling trade winds that make the many hours of sunshine all the more pleasant. It also boasts excellent healthcare and education systems and is among the safest nations in the Caribbean. Incredible scenery, rich biodiversity, exquisite cuisine, and a welcoming community only add to this tri-island paradise’s lure.
Benefits of Grenada Citizenship
The Grenada citizenship by investment programme provides an opportunity to apply for a Grenada passport and a huge range of benefits including:
- Visa-free or visa-on-arrival travel to more than 140 countries and territories
- Ability to pass on citizenship to future generations
- The option to apply as an investor under the United States’ exclusive E-2 Visa Programme
- Citizenship for life, with the right to live and work in the country
- Right to hold dual citizenship
Citizenship by investment in Grenada is available through two options:
Option 01 The National Transformation Fund
The National Transformation Fund NTF was established to assist the transformation of Grenada’s economy into one that is diversified, resilient, and prosperous. Due Diligence, application and processing fees apply.
- Main applicant USD 150,000
- Family up to four members (except parents and grandparents under 55 and siblings): USD 200,000
Option 02 Pre-Approved Real Estate
There are two options available to applicants who want to invest in real estate in Grenada. In both cases, the investment must be held for a period of five years from the date citizenship is received. Due diligence, application and processing fees apply.
- Joint investment in pre-approved tourism accommodation: USD 220,000
- Independent investment in pre-approved real estate: USD 350,000
Under both options, the following Government Fees apply:
- Main applicant USD 50,000
- Family of up to four people (except parents and grandparents under 55 and siblings) USD 50,000
- Additional family member (other than parents and grandparents under 55 and siblings) USD 25,000
- USD 50,000
- Sibling USD 75,000
Visa Free Travel
- Africa Show
- Americas Show
- Antigua and Barbuda
- British Virgin
- Costa Rica
- Dominican Republic
- Falkland Islands
- St Kitts and Nevis
- Saint Lucia
- St Vincent and the Grenadines
- Trinidad and Tobago
- Turks and Caicos Islands
- Asia Show
- Hong Kong
- Sri Lanka
- South Korea
- Europe Show
- Czech Republic
- Ireland (Rep.)
- Macedonia (FYROM)
- San Marino
- United Kingdom
- Middle East Show
- Oceania Show
- Cook Islands
- Federated States of Micronesia
- Pitcairn Islands
- Solomon Islands
Frequently Asked Questions
What are the investment options under the Grenada Citizenship by Investment Programme?
- A direct contribution to the country’s National Transformation Fund
- An investment in pre-approved real estate
Applicants for citizenship should be at least 18 years of age, in good health, of good character, without a criminal record, and able and willing to make the required contribution or investment.
Which family members can I include in my application for economic citizenship?
You can include:
- Your spouse
- Children of the main applicant or of the spouse, under the age of 18
- Children of the main applicant or spouse aged 18 to 30, supported by the main applicant or the main applicant’s spouse
- Children of the main applicant or spouse aged 18 or over, physically or mentally challenged, living with and fully supported by the main applicant
- Parents or grandparents of the main applicant or of the spouse if fully supported by the main applicant or the main applicant’s spouse
- Siblings of the main applicant or of the spouse, whether biological or adopted, aged at least 18, single, and with no children
What does the due diligence process in entail?
You will be vetted by multiple entities:
- KYC (know-your-customer) checks performed by your Local Agent
- Internal checks including AML (anti-money laundering) and CTF (counter-terrorism financing) vetting by the Citizenship by Investment Unit
- Mandated international due diligence firms perform online and on-the-ground checks
- Regional and international crime prevention bodies check that you aren’t on any wanted or sanctions lists
Are citizens of certain countries not allowed to apply?
Citizens of Iran and North Korea are ineligible to apply to the Grenada Citizenship by Investment Programme.
Is this programme for me?
Economic citizens of Grenada are able to apply for the E-2 Visa to the United States.
The following are also a good fit for the Programme:
- Extended families including siblings, parents or grandparents
- Single professionals who want to broaden their horizons
- Individuals and families who want greater global mobility
Where do the funds go?
The National Transformation Fund is a Government fund responsible for financing projects that will benefit Grenada’s economy and help its diversification.