Searching for a second passport that provides tax advantages, international access, and US visa opportunities? That is exactly what the Grenada Citizenship by Investment program offers, all from a tranquil, business-friendly Caribbean country. In as little as 9 or 12 months, you can become a Grenadian citizen by making a government-approved donation or investing in real estate. This program is one of the most potent CBI choices in 2025 since it offers visa-free travel to 148 countries, eligibility for the US E-2 visa, and no foreign income tax.
This comprehensive guide delves into the program’s key features, advantages, eligibility criteria, and application requirements. If you’re contemplating acquiring a second passport in the Caribbean, discover why Grenada’s CBI program stands out as an exceptional choice.
What to Discover in This Guide?
Key Aspects of the Grenada Citizenship by Investment Program (2025)
- Visa-free entry to the EU: This facilitates easy travel throughout Europe and grants complete access to the Schengen Area of the EU.
- Visa-free access: Holders of a Grenadian passport are permitted entry into 147+ countries, including the Schengen Area, the United Kingdom, China, Singapore, and Hong Kong, either without a visa or with one upon arrival.
- Eligibility for US E-2 Visa: Due to the E-2 Treaty that the United States and Grenada maintain, nationals of Grenada may apply for a long-term investor visa that permits them to invest in their businesses and live and work in the United States.
- No taxes on foreign income: Grenada is a tax-efficient jurisdiction for international investors because it does not charge taxes on worldwide income, capital gains, inheritance, or wealth.
- Minimum investment (NTF donation): The non-refundable minimum investment (NTF gift) to Grenada’s National Transformation Fund is $235,000.
- Minimum investment (real estate): For government-approved real estate, the minimum investment is $270,000 and must be kept for a minimum of five years.
- Estimated cost for a single applicant: Including costs, the whole cost comes to around $244,500, depending on processing fees and due diligence.
- Estimated cost for a family of four: The estimated overall cost, including government fees and legal costs, for a family of four is $258,350+.
- Holding period for investments: In order to keep citizenship, real estate must be held for five years.
- Processing time: Including due diligence and final approval, the application often takes four to six months.
- Eligible family members: Spouse, children under 30, dependent parents, and siblings over 18 (if single and childless) are all considered eligible family members.
- Travel or residency requirements: Neither a visit to Grenada nor a stay are necessary prior to or following citizenship.
- Interview requirement: All applicants who are 17 years of age or older must participate in an online due diligence interview.
- Passport validity: The validity of a Grenadian passport is five years for minors and ten years for citizens who are at least eighteen.
- Dual citizenship allowed: Dual citizenship is permitted in Grenada, allowing you to maintain your original nationality without giving it up.
Benefits of Grenada Citizenship by Investment
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- Global Mobility Boost: With a Grenadian passport, holders enjoy visa free or visa-on-arrival access to numerous countries, including coveted destinations in the Schengen Area. This facilitates smoother global travel and reduced bureaucracy. It is also one of the best citizenship by investment programs.
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- Eligibility for the US E-2 Visa: One of the few nations with a Treaty Investor Visa arrangement with the United States is Grenada, which permits its nationals to apply for the E-2 Visa in order to reside and conduct business in the United States.
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- No Global Income Tax: Grenada is perfect for high-net-worth individuals seeking to maximize tax efficiency because it does not impose taxes on overseas income, capital gains, wealth, or inheritance.
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- No Residency Requirement: International investors have the freedom to live in or travel to Grenada prior to or following citizenship.
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- Family Inclusion: It is one of the most inclusive CBI programs because your entire family is eligible to apply, including your spouse, kids under 30, parents, grandparents, and unmarried siblings over 18.
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- Secure Process: After successful due diligence, applications are normally accepted in 9–12 months. Financial risk is decreased because investment is only necessary upon pre-approval.
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- Dual Citizenship Recognized: Maintaining your original nationality while taking advantage of a second passport is possible in Grenada.
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- Route to Higher Education: Residents have access to prestigious Caribbean universities, such as St. George’s University School of Medicine, which has a reputation for matching medical graduates with residency programs in the United States.
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- Political Stability and Safety: With low crime rates and a secure, tranquil environment, Grenada offers both peace of mind and the possibility of a new life.
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- Tropical Lifestyle and Natural Beauty: Enjoy pristine beaches, a relaxed island lifestyle, and vibrant culture-an added bonus for those seeking both investment and personal enrichment.
Eligibility Criteria and Requirements
To qualify for Grenada’s Citizenship by Investment (CBI) program, applicants must meet the following criteria:
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- Minimum Age: The main applicant must be at least 18 years old at the time of application.
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- Health Condition: All applicants must undergo a medical examination and be free from contagious diseases.
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- Clean Criminal Record: A comprehensive police clearance certificate is required from the home country and any country of residence over the past 10 years (for stays over 6 months).
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- Proof of Legal Funds: Applicants must prove the lawful source of their investment funds through supporting financial documentation.
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- Investment Requirement: Applicants must commit to one of the following:
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- A $235,000 minimum donation to the National Transformation Fund (NTF)
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- A $270,000 minimum investment in a government-approved real estate project
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- Due Diligence Check: A non-refundable due diligence fee applies. All applicants aged 17 and above must pass a detailed background check and attend an online interview.
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- No Residency Requirement: Applicants are not required to reside or travel to Grenada before, during, or after the application process.
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- Dependent Eligibility: The following family members may be included in the same application:
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- Spouse
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- Children under 30 years old
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- Dependent parents and grandparents
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- Unmarried siblings over 18 years old (must be childless and financially dependent)
Required Documents for Grenada CBI Program
Applicants must submit the following documents (properly notarized and translated where applicable):
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- Completed CBI application forms (for main applicant and dependents)
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- Valid passports, birth certificates, and marriage/divorce certificates (if applicable)
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- Police clearance certificates
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- Medical certificates for all applicants
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- Proof of income and source of funds (bank statements, tax returns, employment records)
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- Personal financial declaration (assets, liabilities)
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- Letters of recommendation from professionals (e.g., banker, lawyer, or accountant)
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- Proof of residence (e.g., utility bill, rental contract)
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- Recent passport-sized photos, meeting official specifications
Investment Options and Costs for Grenada Citizenship
The two main investment avenues offered by Grenada’s Citizenship by Investment (CBI) program are both authorized by the government and intended to aid in the country’s development while granting investors second citizenship.
Donation to the National Transformation Fund (NTF)
The easier, quicker, and non-refundable path to Grenadian citizenship is the NTF gift. It entails making a monetary donation to the nation’s National Transformation Fund, which funds public initiatives like healthcare, education, and infrastructure.
For a family of up to four, the minimum investment is $235,000, with an extra $25,000 for each dependent.
Extra information:
- Each parent under 55: $50,000
- Siblings who qualify: $75,000 each
There are additional application, processing, and due diligence fees. This option is ideal for applicants who do not wish to mana
Costs for Grenada Citizenship
The expenses and fees related to Grenada citizenship by investment are shown in the following charts.
| NTF Donation | Single Applicant | Main Applicant and Spouse | Family of Four Members | Family of More Than Four Members |
| Amount of Required Contribution | $235,000 | $235,000 | USD 235,000 (Except for siblings, parents, and grandparents under age 55) | $235,000 + $25,000/50,000 per additional dependant after the 3rd dependent (additional sibling USD 75,000) |
| Application Fee | $1,500 | $1,500 per person | $1,500 per person | $1,500 per person |
| Due Diligence Fee | $5,000 | $5,000 per person | * Dependent child 0 – 16 $0* Dependent 17 and over $5,000 | |
| Processing Fee | $1,500 | $1,500 per person | USD 1,500 per person aged 17 and over, USD 500 for persons under 17 | USD 1,500 per person aged 17 and over, USD 500 for persons under 17 |
| Interview Fee | $1,500 | $1,000 per person (including non-applicant spouse and non-applicant sponsor) | USD 1,000 per person aged 17 and over (including non-applicant spouse and non-applicant sponsor) | USD 1,000 per person aged 17 and over (including non-applicant spouse and non-applicant sponsor) |
Investment in Real Estate Approved by the Government
By investing in government-approved real estate projects, candidates can get citizenship and acquire a material asset through the real estate route.
There are two primary routes:
- Direct purchase: Make a minimum investment of $350,000 in a qualifying home, such as an apartment, villa, or resort unit. At least five years must pass before the property is released.
- Shared ownership model: Invest at least $270,000 to purchase a stake in a real estate development project that has been approved, usually a hotel or resort, with a five-year holding period.
Additional fees: All applicants and dependents are subject to processing, application, government, and due diligence fees.
Investors looking for potential returns, asset diversification, or a Caribbean lifestyle may find this option appealing.
| Applicant Type | Required Contribution Amount | Government Fee | Application Fee |
| Single Applicant | $350,000 /270,000 | $50,000 | $1,500 |
| Main Applicant + Spouse | $350,000 /270,000 | $50,000 | $1,500 per person |
| Up to 4 Family Members | $350,000 /270,000 | $50,000 (except for siblings, parents, and grandparents under age 55) | $1,500 per person |
| Applicant Type | Due diligence Fee | Processing Fee | Interview Fee |
| Single Applicant | $5,000 | $1,500 | $1,000 |
| Main Applicant + Spouse | $5,000 per person | $1,500 per person | $1,000 per person (including non-applicant spouse and sponsor) |
| Up to 4 Family Members | $5,000 per adult -Dependent child: 0-16: $ -Dependent child 17 and over: $5,000 | $1,500 per person aged 17 and over-$500 for persons under 17 | $1,000 per person aged 17 and over (including non-applicant spouse and sponsor) |
Step by Step Application Process for Grenada Citizenship
The entire application process for Grenada’s Citizenship by Investment program typically takes between 2 to 4 months, depending on the completeness of your documentation and due diligence results. Here’s a step-by-step breakdown:
Step 1: Select a Path for Investment
- Choose one of the following:
- A donation to the National Transformation Fund (NTF) that is not refundable
- An investment in real estate in a project that has been approved by the government
- Your choice will determine your minimum investment amount and overall cost.
Step 2: Gather Required Documents
You will need to collect and notarize all required documents, including:
- Valid passport
- Birth certificate
- Medical certificate
- Police clearance
- Financial statements and proof of legal source of funds
- If working with an authorized agent, they will guide you through preparation and formatting.
- Estimated time: 2–4 weeks
Step 3: Background investigation and due diligence
All applicants who are 17 years of age or older must complete an online interview as part of the enhanced due diligence process after submitting their application to the Grenada Investment Migration Agency (IMA). Either English or another preferred language may be used for the interview.
Time estimate: three to six months (may change based on document evaluation)
Step 4: Obtain the Letter of Approval
The Citizenship Committee will formally approve your application if it passes due diligence. The acceptance of your application is confirmed by this conditional approval. You must now fulfill the selected investment requirement within 30 days.
Step 5: Make the Investment
Transfer your money to either the National Transformation Fund or your real estate purchase agreement and transfer payment Your authorized agent will help you safely and promptly complete the transaction.
Step 6: Get Your Certificate and Grenada Passport
Following verification of the investment and taking the oath of allegiance, you will receive your Grenada passport, usually in 4–6 weeks.
Step 7: Maintain Your Investment
If you chose the real estate route, you must keep your property for at least five years in order to maintain your citizenship status.
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Frequently Asked Questions (FAQ)
What is the primary purpose of Grenada's National Transformation Fund?
Grenada’s national development initiatives are supported by the NTF, a government-managed fund. By contributing a non-refundable sum to this fund, starting at $235,000, investors can become citizens.
Is it possible for me to apply with my family?
Indeed. Your spouse, dependent parents and grandparents, children under 30, and unmarried siblings over 18 are all acceptable.
What are the tax considerations that must be taken into account?
Grenada has a favorable tax regime, with no capital gains, inheritance, income, or wealth taxes on worldwide income or assets. However, there are local taxes to consider. These are personal income tax, corporate tax, value-added tax (VAT), National Insurance Scheme (NIS) contributions, property transfer tax, annual property tax, and stamp tax.
How does the choice to invest in real estate operate?
You have to spend at least $270,000 on a property that has been approved by the government. To keep your citizenship, the asset must be held for five years.
Does Grenada permit dual citizenship?
Yes, investors may enjoy having dual citizenship with Grenada. The Caribbean country allows dual citizenship. The applicants and their dependents can obtain Grenada citizenship as a second passport. However, to do so, the country of origin must also allow dual citizenship. It is best to confirm this beforehand.
What is the duration of the procedure?
The entire procedure, including document creation, due diligence, and approval, often takes 9 to 12 months.
Is physical presence a requirement for Grenada Citizenship by Investment application?
No, it is not. The applicants do not have to be physically present at any stage of the application
Which family members are eligible as dependents under Grenada CBI?
Grenada’s citizenship by investment program allows including dependents into the application. The eligible family members are the applicants’ spouse, dependent children, and dependent parents. There may be additional fees for dependents following the chosen route.
How much does it cost to live in Grenada?
The beautiful island country of the Caribbean has a relatively low cost of living. Not only compared to the USA or the UK, but Grenada is also cheaper than in other Caribbean countries. Education and real estate have especially highly advantageous prices. The country also has top-quality healthcare. Shopping from the local market and using public transportation are also considerably cheap.
With a Grenadian passport, how many countries may I visit?
Grenadian nationals can enter 148 countries, including the UK, China, Singapore, and the Schengen Area, without a visa or with one upon arrival. Grenada passport is ranked 32nd in 2024.
Have more questions? Contact our professionals for consultation that is customized to your citizenship objectives.
