Grenada Immigration Frequently Asked Questions

How much do I have to invest to get citizenship in Grenada?

Citizenship by investment program in Grenada has two options with different minimum investment requirements. The first one is an individual $150,000 donation to the National Transformation Fund. A $200,000 donation covers the investor, his or her spouse and up to two dependents. Additional dependents are $25,000 each. There are also application, due diligence and processing fees.

The second option is a minimum $220,000 investment in a real estate project such as a hotel, villa or resort and includes the investor and his or her dependents. Additionally, the government requires a $50,000 donation per person for the investor and up to three dependents and $25,000 per each additional dependent. There are also application, due diligence and processing fees. This option gives investors a better chance to later obtain an E-2 visa to the U.S. if they choose to do so.  

What are the requirements for citizenship by investment in Grenada?

There are two paths to citizenship by investment in Grenada. One is through a non-refundable donation to Grenada’s National Transformation Fund, which benefits the country’s tourism, agriculture and alternative energy initiatives. The other is through an approved real estate investment, which has to be retained for at least five years. The main investor has to be over 18 years old. The government is strict in its due diligence and makes sure all applicants are in good health, have no criminal record and are of high net worth. Only government approved agents can handle and submit CBI applications.  

How long does it take to get citizenship by investment in Grenada?

Getting citizenship by investment in Grenada is pretty quick and can be done within 180 days or faster if there are no problems with the application.

How many countries can I visit with a Grenadian passport?

A highly ranked Grenadian passport grants you visa-free access to 143 destinations, including China, the Schengen area, the UK, Russia, Brazil and UAE. You can also apply for the E-2 visa in the United States since Grenada has an E-2 treaty with the U.S.

Do I have to be present in Grenada before getting the citizenship by investment application approved?

No. You don’t have to be present in Grenada during the process. In fact, not many CBI investors visit the country.

Can I add my spouse and children on my application?

Yes, a spouse and children can be included on the application. Depending on the citizenship path, adding the spouse and children comes with additional cost.

What are the criteria for my children to qualify for citizenship in Grenada?

Children of investors under the age of 30 can qualify for citizenship in Grenada and, unlike other Caribbean CBI programs, they don’t have to be enrolled in school full-time. They do have to pass the health and background check just like the main applicant.

Do I have the right to work in Grenada after I obtain citizenship?

Yes, but you don’t need to.

Do I have to live in Grenada to qualify for citizenship by investment?

No, you don’t have to live in Grenada to qualify for citizenship by investment. You don’t even have to visit the country.

What is the tax situation after obtaining Grenadian citizenship? Will the investor be required to pay taxes on income obtained from sources abroad?

Investors don’t have to pay taxes on income from abroad as Grenada has no foreign income, capital gains, wealth, inheritance or gift taxes.

Will Grenadian citizenship automatically grant me European citizenship?

No, but it will allow you to travel visa free to multiple European countries.

What can I invest in to gain citizenship by investment in Grenada?

To gain citizenship by investment in Grenada, you can either make a donation to the National Transformation Fund or invest in an approved real estate project such as a hotel, a villa or a resort. The project has to be in the tourism accommodation priority sector.

How long do I have to wait before I can sell my investment in Grenada?

You have to wait at least five years before selling the investment. You can sell the property to another eligible foreign investor interested in becoming a citizen in Grenada.

Will my Grenadian citizenship expire?

No, but you can lose it if you break the law or try to evade criminal prosecution. According to the Grenadian law, citizens can’t be denied a passport, they just have to renew it. The passport is valid for five years.