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Grenada Citizenship by Investment Program
The Grenada Citizenship by Investment (CBI) Program was established in 2013 to attract foreign investment and boost the nation's economy
Processing time

6-9 months

Min. investment

$235 000

Passport validity

10 years

Visa-free countries

156

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Benefits of Grenada Citizenship by Investment
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Fast Processing

Processing time for Grenada Citizenship by Investment is 6-9 months, with expedited cases as quick as 3 months

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Long-term validity

Grenada adult passports are issued for 10 years, children's passports for 5 years

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Family inclusion benefits

The program supports the inclusion of 3 generations, covering spouse, children, siblings and parents

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Tax-friendly regime

No wealth, gift, inheritance, or capital gains tax, and no tax on global income in Grenada

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Security provisions for your family

Grenada offers a stable political and economic environment, ensuring family safety during global crises

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US E-2 visa eligibility

Grenada's CBI Program allows eligibility for the U.S. E-2 visa, enabling living and working in the USA

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Global mobility

Grenada passports offer visa-free or visa-on-arrival access to over 156 countries, including the UK and China

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Business-friendly environment

Grenada has no profit repatriation restrictions or currency controls, fostering a thriving business climate

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Future generations

Grenada citizenship is transferable to future generations, benefiting children and grandchildren

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Visa-free travel with a Grenada Passport

Freedom of movement: 156 countries

94 Visa-Free countries

  • Schengen aria, UK, Singapore, Hong Kong, China and other countries

26 Visa-on-Arrival countries

  • Mauritius, Egypt, Turkey and other countries

36 eVisa/eTA countries

  • United Arab Emirates, Australia, India and other countries

Long-term visa

  • USA

Free residence in OECS countries without additional requirements:

  • Antigua and Barbuda
  • Dominica
  • Saint Kitts and Nevis
  • Saint Lucia
  • Saint Vincent and the Grenadines
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Full list of visa-free countries
Read the article
Eligible family members and Requirements

Main applicant: must be over 18 years old, without serious illnesses, and provide a clean source of funds

Spouse: legally married

Children under 30 years old: unmarried and financially dependent on the main applicant

Siblings over 18 years: unmarried and financially dependent

Parents over 55 years old: financially dependent on the main applicant

Requirements for all family members

  • No criminal convictions
  • No EU visa refusals, deportations, or visa rule violations
  • Not a politically exposed person (PEP)
  • Not a citizen of Russia, Belarus or Syria (special conditions apply for North Korea, Sudan, Iran, and Iraq)

Possibility to include: 3 generations of family

Future addition of family members: allowed

Inheritability: allowed

Language proficiency: not required

Presence for application submission: not required

Residency in the country: not required

Interview with government: required

Use of sponsor funds: permitted

Required documents

  • Passport
  • Birth certificate
  • National ID
  • Criminal record certificate
  • Affidavit of source of funds
  • 12 months personal Bank statements
There are 2 investment options for obtaining Grenada citizenship
Option 1. Donation to the National Transformation Fund

Investment from $235 000

  • Non-refundable one-time donation to the National Transformation Fund (NTF)
  • The donation amount may vary depending on the number of dependents listed in the main applicant's application

Advantages of the investment option

  • Funds are used to strengthen the economy and improve living standards, including infrastructure
  • The procedure is easier and simpler, with no third party involvement and no additional contracts
Cost of citizenship via Donation to the NTF
Single investorInvestor and spouseInvestor, spouse and 2 children under 16Investor and spouse with an adult child, and 2 parents
Minimal Investment

$235 000

$235 000

$235 000

$260 000

Due Diligence Fees

$5 000

$10 000

$10 000

$25 000

Government Fees

-

-

-

-

Processing fees

$4 250

$8 500

$13 000

$21 250

Bank fees

$2 743

$2 835

$2 880

$3 363

Total

$246 993

$256 335

$260 880

$309 613

Option 2. Real Estate Investment

Investment from $270 000

  • Investing in government-approved property projects
  • 5 years minimum holding period for investment recoupment through sale
  • Potential for investor yields during the holding period

Advantages of the investment option

  • 3% possible ROI (non-guaranteed)
  • Limited state-approved projects ensure successful completion, avoiding delays or bankruptcy
  • Free stays in investment-linked projects (~ 1-2 weeks per year)
Cost of citizenship via Real estate investment
Single investorInvestor and spouseInvestor, spouse, and 2 children under 16Investor and spouse with an adult child, and 2 parents
Minimal Investment

$270 000

$270 000

$270 000

$270 000

Due Diligence Fees

$5 000

$10 000

$10 000

$25 000

Government Fees

$50 000

$50 000

$50 000

$75 000

Processing fees

$13 000

$17 300

$21 800

$30 050

Bank fees

$3 681

$3 773

$3 818

$4 301

Total

$341 731

$351 073 

$355 618

$404 351

Request an individual quotation for the program

We will create a personalized estimate based on your family composition and the investment option you are interested in. We will help you compare the different investment options and select the most suitable one for you.

Request a quotation
Application Process (step-by-step)
Step 1. Onboarding and investment selection

Duration: Up to 1 week


1. Complimentary review of your documentation for immigration service compliance

2. Opportunity to select the most suitable investment programs

3. Guidance in choosing property investment options from trusted developers if opting for the real estate route

 

Outcome: Background check and contract agreement with Migronis

 

Step 2. Document preparation and submission to CBI Unit

Duration: Up to 5 weeks

1. Comprehensive document preparation managed by our team, including notarization, translations, and apostilles

2. Submission of the complete package to the Grenada Citizenship by Investment Unit

3. Ongoing monitoring of your application progress

 

Outcome: Confirmation of documents received by the government

 

Step 3. Due Diligence and investment process

Duration: 5-7 months

1. Due Diligence Process is initiated upon receipt of all documents by the citizenship agency, including verifying applicant and family information, an online interview, and a written oath, which can be completed remotely.

2. The legal team handles any additional document requests.

3. Approved applicants must fulfill investment requirements and settle associated fees within 30 days.

 

Outcome: Successful completion of due diligence and investment fulfillment

Step 4. Case approval and citizenship acquisition

Duration: 1-2 months

1. Await a favorable decision, which will be communicated to you promptly

2. We assist with operational, economic, and household issues during your adaptation to a new country if you decide to move

3. Our Grenadian lawyer obtains the citizenship certificate and Grenada passport, sending them directly to you

 

Outcome: Passport acquisition upon successful approval

You do not need to reside in the country when applying

The Migronis service experts will take care of all the legal and procedural tasks, so you can obtain new citizenship without any stress

Unlock your second citizenship with expert guidance

 

 

At your free consultation:

✓ Explore tailored migration programs in the Lesser Antilles to achieve your goals

✓ Learn investor requirements and due diligence processes for a successful application

✓ Assess Grenada Citizenship by Investment options with detailed cost-benefit analyses

✓ Receive a clear strategic plan with necessary documents and timelines for a smooth application process, ensuring an efficient pathway to second citizenship

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Expert guidance every step of the way to your second passport
Neringa Bulakiene
Investment Immigration Expert
  • Specializes in Caribbean, Vanuatu, Turkish, US EB-5/E2, and European Golden Visa programs
  • Extensive experience in opening bank accounts, securing 190 closings, and real estate acquisitions

 

The Migronis team experts have over 12 years of experience in citizenship and residency by investment programs. Our team includes professional lawyers, notaries, real estate brokers, and experts in local tax legislation.

Schedule your free consultation

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YOUR TRUST IS OUR TOP PRIORITY
Here's what our customers say
Key results and recognitions
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12 years in the investment migration market

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~ 1,000 satisfied passport and residency permit holders

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Residency and citizenship in 10+ countries globally

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Direct collaboration with governments

AWARD-WINNING EXPERTISE
Worldwide recognition
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Global Law Experts Awards nominated Migronis as One of The Best Citizenship-for-Investment Companies in 2021
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Migronis has been shortlisted in the “TOP 25 immigration companies in the world”, according to UGLOBAL IMMIGRATION
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Global Law Experts Awards nominated Migronis as One of The Best Citizenship-for-Investment Companies in 2020
Why choose Grenada economic Citizenship Program?
Tax systemGeneral information

Tax Residency Days

183

Population

125 438 people

Personal Income Tax Rate

30%

Language

English, Creole based on French

Capital Gains Tax Rate

0%

Global mobility

International airport provides connections to North America and Europe, maritime transportation available

Investment Income Tax Rate

0%

Аmenities

International schools, prestigious universities, global hotels and chain stores

Territorial Taxation

Yes

GDP

$1.215 billion

Property Tax

Yes

Currency

East Caribbean dollar pegged to the US dollar at a fixed rate $1 = 2,70 EC$

Transfer Tax

Yes

Economy

Services - 75%, Industry - 20% of GDP

Inheritance Tax

No

Legal system

English common law based

Why choose Grenada economic Citizenship Program?
Tax system

Tax Residency Days

183

Personal Income Tax Rate

30%

Capital Gains Tax Rate

0%

Investment Income Tax Rate

0%

Territorial Taxation

Yes

Property Tax

Yes

Transfer Tax

Yes

Inheritance Tax

No

General information

Population

125 438 people

Language

English, Creole based on French

Global mobility

International airport provides connections to North America and Europe, maritime transportation available

Аmenities

International schools, prestigious universities, global hotels and chain stores

GDP

$1.215 billion

Currency

East Caribbean dollar pegged to the US dollar at a fixed rate $1 = 2,70 EC$

Economy

Services - 75%, Industry - 20% of GDP

Legal system

English common law based

Embracing the freedom of additional citizenship by investment in Grenada
Empower your life
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Alternative documentation from a non-demanding country

✓ Dual citizenship ensures stability and security for you and your family, providing a dependable place to maintain your quality of life and personal safety

✓ Decreases reliance on a single nation's rules, allowing for greater freedom in living and conducting business globally

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Global mobility

✓ Access to visa-free travel in numerous countries expands opportunities for leisure, business, and educational trips

✓ Improves travel flexibility, making it easier to visit multiple global destinations for various purposes

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Back up plan for the whole family

✓ Secures personal freedoms under a democratic government, ensuring safety and stability

✓ Guarantees safe entry during emergencies and border closures, offering protection for your family members

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Economic and tax stability for residents

✓ Safeguards assets from economic and financial risks, as highlighted by Flag Theory, making economic citizenship a vital element for a secure and diversified lifestyle

✓ Provides tax relief, including exemptions from profit, dividend, and inheritance taxes, reducing financial burdens and enhancing wealth management

Schedule your free consultation

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Our managers will contact you soon.

Frequently Asked Questions
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What is the history of Grenada's Citizenship by Investment Program and how can I obtain citizenship?

Grenada's Citizenship by Investment (CBI) Program was established in 2013 under the Investment Act to stimulate economic growth and enhance the nation's economy. Since then, it has become a popular choice for individuals seeking Caribbean citizenship. You can obtain Grenada citizenship by making a non-refundable contribution to Grenada's National Transformation Fund (NTF) or by investing in government-approved real estate projects. The program offers an efficient and straightforward application process, allowing you to secure citizenship in Grenada within 6-9 months.

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Who is eligible to apply for Grenada citizenship?

Anyone over 18 years of age with a clean criminal record, good health, and legitimate sources of funds can apply for Grenada citizenship through the Citizenship by Investment (CBI) program.

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Who can I include in my application?

You can include your spouse, dependent children under 30, dependent parents and grandparents of any age, and unmarried siblings over 18 years without children.

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How fast can I get Grenada citizenship?

The processing time for Grenada citizenship is typically 6-9 months from the submission of your complete application. This timeframe includes several steps such as initial consultation, preparation of documents, due diligence checks, and the final approval process by the Grenada CBIC.

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What are the steps in the entire process of obtaining Grenada citizenship?

1. Initial consultation and selection of investment option
2. Preparation and submission of documents
3. Due diligence checks and approval
4. Making the investment
5. Issuance of citizenship certificate and passport​.

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Is an in-person visit to Grenada required for approval?

The application process for Grenada Citizenship by Investment is efficient and uncomplicated, and the applicant is not required to visit Grenada to complete the process. The entire application process to Grenada's Citizenship by Investment Unit (CIU) can be completed remotely. This remote process includes the submission of documents, due diligence checks, and investment completion, all coordinated by authorized agents and legal representatives in Grenada.

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Is a positive response guaranteed?

No, approval is subject to the successful completion of due diligence checks. If your application is rejected, the investment funds are refunded. However, our experts perform a comprehensive internal assessment to ensure that your application is as strong as possible and your chances of success are maximized.

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What happens if my application is rejected?

If your application is rejected, your investment funds will be refunded minus any applicable fees. Grenada's Citizenship by Investment program ensures that investments are secure and used only after approval. The due diligence process is thorough, and in case of rejection, the principal investment is returned, though the due diligence fee and processing fees are non-refundable.

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What is the basic checklist of documentation required for a Grenada passport?

The essential documentation required for a Grenada passport includes:
- Valid passport
- Birth certificate
- Police clearance certificate
- Medical certificate
- Proof of investment
- Bank statements
- Proof of address

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How much does it cost to become a Grenadian citizen?

The cost to obtain citizenship through the Grenada Citizenship by Investment Program depends on the selected method. For example, a donation to the Grenada National Transformation Fund (the minimum investment is $235 000):
- Single applicant - $246 993
- Family of four with 2 children under 16 y.o. - $260 880

For real estate investments (the minimum investment is $270 000):
- Single applicant - $341 731
- Family of four with 2 children under 16 y.o. - $355 618

These figures do not include legal and agent fees, which vary by provider.

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Can I use sponsored funds for my investment in the Grenada Citizenship by Investment Program?

Yes, sponsored funds can be used for your investment in the Grenada Citizenship by Investment Program. However, you must provide detailed documentation demonstrating the lawful origin of these funds and the relationship between the sponsor and the applicant. This ensures compliance with the program’s regulations and maintains its integrity.

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What is Grenada citizenship for investment-approved real estate?

Grenada citizenship for investment-approved real estate involves purchasing government-approved properties such as luxury hotels, resorts, or villas, for a minimum investment of $270 000. The first real estate purchase option is one of the key components of Grenada CBI program, offering investors the opportunity to acquire valuable assets while obtaining citizenship. The property must be held for at least five years, during which investors can benefit from potential rental income and property appreciation.

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Can I sell my investment?

Yes, you can sell your real estate investment after holding it for five years without affecting your citizenship status. This flexibility makes the real estate option appealing, as it allows investors to recoup their investment. After the mandatory holding period, the government-approved property can be sold at market value, potentially generating a profit.

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Can I go to the USA with a Grenada passport?

Yes, Grenada citizens are eligible to apply for the US E-2 visa, allowing them to live and work in the USA. This visa is available to citizens of countries with which the US has a treaty of commerce, including Grenada. It offers Grenadian citizens the opportunity to establish and manage businesses in the US. The E-2 visa can be renewed indefinitely as long as the business operations continue, making it valuable for expanding business interests in the US while maintaining Grenadian citizenship.

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What are the conditions for living and moving within OECS countries with a Grenada passport?

Grenada passport holders can live and move freely within OECS countries, including Antigua and Barbuda, Dominica, Saint Kitts and Nevis, Saint Lucia, and Saint Vincent and the Grenadines. This freedom of movement allows Grenadian citizens to reside, work, and conduct business across multiple Caribbean nations without the need for additional visas or permits.

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Does Grenada allow dual citizenship?

Yes, Grenada permits dual citizenship. This means that individuals who acquire citizenship through the Grenada Citizenship by Investment Program can retain their original citizenship without any conflict. This offers numerous benefits, including expanded travel opportunities with a Grenadian passport, access to multiple social and economic systems, and the ability to own property and conduct business in more than one country. The Grenada Citizenship Program ensures that Grenada citizens can enjoy the full advantages of holding both their original and Grenadian citizenship.

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Will I become liable for military service?

No, obtaining Grenadian citizenship does not subject you to military service, as Grenada does not have mandatory conscription​.