Grenada Citizenship by Investment in 2025 

Why Grenada?

Grenada’s Citizenship by Investment (CBI) program remains a top choice for global investors in 2025, offering unparalleled benefits. Grenadian citizens enjoy visa-free or visa-on-arrival access to over 145 countries, including the Schengen Area, the UK, China, and Singapore, making it one of the most powerful passports in the Caribbean. 

With a projected GDP of USD 1.4 billion in 2025 and an economic growth rate of 4.5%, Grenada combines economic stability with lucrative investment opportunities. Its thriving real estate market continues to expand, achieving an annual growth rate of 7% in recent years. Investors also benefit from a tax-friendly regime with no income, wealth, or capital gains taxes on foreign-sourced income. Combined with its reputation as one of the safest and most welcoming countries in the Caribbean, Grenada is a strategic gateway for global mobility and financial freedom.

Grenada Citizenship By Investment Program Overview

Established in August 2013 under the Grenada Citizenship by Investment Act, the Grenada Citizenship by Investment program offers individuals and their families the opportunity to obtain Grenadian citizenship through economic contributions. Applicants can choose between two investment options: a minimum one-time contribution of USD 235,000 to the National Transformation Fund (NTF), which finances projects aimed at diversifying and benefiting Grenada's economy, or investing in government-approved real estate projects, such as luxury hotels, resorts, and villas. You will find a detailed description of the program in the following section. 

Advantages of Grenada Passport

Obtaining a Grenadian passport through the Citizenship by Investment program provides several notable benefits as follows:

• A strong passport in the Caribbean region. The Grenada passport is one of the most powerful in the Caribbean. It offers visa-free or visa-on-arrival access to various countries. This extensive access makes it a valuable asset for frequent travelers from the USA, Canada, or the UK, providing unparalleled global mobility.
• The easiest way to obtain a second passport. Unlike traditional naturalization processes that require years of residency, Grenada citizenship can be acquired through an economic citizenship program right away. By investing in government-approved real estate or making a contribution to the National Transformation Fund, individuals can secure citizenship without relocating or fulfilling lengthy residency requirements.
• Fast acquisition process. The Grenada citizenship process is remarkably efficient, with approvals typically granted within 3 to 6 months. This speed makes it an attractive option for individuals seeking a quick solution for dual citizenship. 
• Long-Lasting passport validity and simple renewal. Grenadian passports are valid for 5 years and can be renewed easily without requiring physical presence in Grenada. This flexibility is particularly beneficial for citizens who reside in the USA, Canada, or the UK, as they can maintain their second citizenship status remotely.
• Potential path to tax residency. Grenada offers the opportunity to obtain a Tax Identification Number (TIN) and Social Security Number remotely, which can facilitate the establishment of tax residency. For high-net-worth individuals, this can provide tax planning advantages in Grenada’s favorable tax environment, including no worldwide income tax, inheritance tax, or capital gains tax.

Grenada Dual Citizenship

Grenada permits dual citizenship, enabling individuals from the USA, Canada, and the UK to acquire Grenadian citizenship without renouncing their original nationality. This aligns well with the policies of these countries, as all three allow their citizens to hold multiple nationalities.

In the USA, dual citizenship is recognized, meaning citizens can maintain their American nationality while holding citizenship in another country, such as Grenada. Similarly, the UK and Canada also permit dual citizenship, allowing its nationals to retain their citizenship alongside Grenadian nationality.

This legal compatibility ensures that individuals from these countries can enjoy the privileges of dual citizenship, such as enhanced global mobility, expanded business opportunities, and access to Grenada’s favorable tax regime, all without forfeiting the rights and protections of their home country.

Who Can Apply for Grenada Citizenship By Investment?

Citizens of the USA, Canada, and the UK among other countries are eligible to apply for Grenada’s Citizenship by Investment Program if they meet the necessary criteria. Applicants must be at least 18 years old, in good health, and free from communicable diseases. They must also demonstrate the financial capacity to make the required investment, ensuring that the source of their funds is legal and verifiable. Additionally, applicants must have a clean criminal record and not be under any criminal investigation.

Moreover, the Government of Grenada will deny the application of any individual who:

• Provides false information on their application form.
• Has been convicted in any country of an offense punishable by more than six months of imprisonment, unless a free pardon was granted.
• Is considered a potential national security risk to Grenada or any other country.
• Is involved in any activity likely to cause disrepute to Grenada.
• Has been denied a visa to a country with which Grenada has visa-free travel and has not subsequently obtained a visa to that country.

Grenada Citizenship by Investment Options

Grenada's Citizenship by Investment Program has two primary pathways: a contribution to the National Transformation Fund (NTF) and investment in government-approved real estate. 

Grenada Citizenship by Donation

The NTF option requires a minimum, non-refundable contribution of USD 235,000 for a single applicant, supporting economic development projects in Grenada. This is a straightforward and cost-effective route with fast processing, ideal for individuals seeking no financial returns but maximum simplicity.

Grenada Citizenship by Investment in Real Estate

On the other hand, the real estate investment option requires a minimum investment of USD 270,000 for shared (fractional) ownership in luxury resorts or USD 350,000 for sole ownership in pre-approved projects, with a mandatory holding period of 5 years. While it has higher upfront costs, it offers the potential for rental income and property appreciation, making it attractive to investors. 

Both options allow applicants to include family members and provide visa-free travel to various countries, making Grenada a strategic choice for global mobility and investment. Below is a comparison of these options:

The choice between donation and real estate investment depends on individual financial goals and preferences.

Grenada Citizenship by Investment Requirements

Grenada's CBI Program offers individuals and their families the opportunity to obtain Grenadian citizenship by making a qualifying investment in the country.

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Grenada CBI Family Requirements

Applicants can include the following dependents in the same application: 

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Grenada CBI Documents

Ensuring that your documentation is thorough and precise is crucial when applying for the CBI program. Below is a detailed list of the necessary documents:

• Personal Documentation:
  • Valid Passport: Copies of all pages, including those that are blank.
  • Birth Certificate: Complete version displaying parentage.
  • National Identity Card: If applicable.
  • Marriage Certificate: If applicable.
  • Divorce Decree or Equivalent: If applicable.
  • Dependent Support Documents: Such as birth certificates or adoption papers for children under 18, or those aged 18–30 who are financially reliant on the applicant.
• Financial Documentation:
  • Proof of Source of Funds:
    • Tax returns.
    • Bank statements from the past six months.
    • Employment verification letter or business ownership records.
    • Verified net worth statement, if required.
  • Investment Agreement: Confirmation of the selected investment path, whether it's the National Transformation Fund or approved real estate.
  • Payment Proofs: Evidence of payments for application and due diligence fees.
• Police Clearance:
  • A clean criminal record from the applicant’s country of citizenship and any country where they have resided for more than six months in the past decade.
• Medical Documentation:
  • Health Certificate: Issued by a licensed medical practitioner.
  • HIV/AIDS Test Results: Recent results dated within 90 days prior to submission.
• Application Forms: For both the principal applicant and each dependent.
• Passport-Sized Photographs: Recent photos adhering to Grenada’s specifications.
• Additional Supporting Documents:
  • Recommendation Letter: From a banker, lawyer, or other professional who has known the applicant for a minimum of two years.
  • Affidavit of Support: For dependents aged 18 or older, if necessary.
  • Employment Verification Letter: For employed individuals.
  • Proof of Address: Such as a utility bill or rental agreement indicating the current residence.

Grenada CBI Due Diligence

The due diligence process for Grenada's CBI program is a comprehensive evaluation designed to ensure the integrity and security of the program. This process involves several key components:

• Background Checks. Applicants undergo thorough background investigations conducted by international firms specializing in due diligence. These checks assess the applicant's personal history, financial background, and any potential risks associated with granting citizenship.
• Fees. Due diligence fees (USD 5,000 per person) are mandatory for each applicant aged 17 and above. These fees cover the costs associated with the investigative process and vary depending on the number of dependents included in the application.
• Processing Time. The due diligence process typically spans three to four months. This timeframe can vary based on the completeness of the application and the promptness in responding to any additional information requests.

Minimum Stay Requirements

There are no residency or visitation requirements for applicants during or after the application process. Applicants are not required to be physically present in Grenada at any point before or after obtaining citizenship.

10 Grenada CBI Benefits

Grenada's CBI program presents numerous advantages for investors seeking a second citizenship. Here are 10 key benefits you should be aware of: 

Visa-Free Travel

Grenadian citizens enjoy visa-free or visa-on-arrival access to over 145 countries, including the UK, Schengen Area, China, and Singapore, facilitating seamless international travel for business and leisure. This extensive access enhances global mobility and provides significant opportunities for international engagement. 

Favorable Tax Environment

Grenada imposes no taxes on foreign income, capital gains, inheritance, or wealth, making it an attractive option for high-net-worth individuals seeking to optimize their tax strategies. The country also offers investment incentives such as tax holidays and exemptions in key sectors like tourism, agriculture, and renewable energy, further enhancing its appeal to foreign investors. 

No Residency Requirement

The program does not require applicants to reside in Grenada during or after the application process, offering flexibility to maintain one's primary residence elsewhere. This means that investors can obtain and retain Grenadian citizenship without the need for physical presence in the country, allowing them to continue their personal and professional commitments globally.

Family Inclusivity

Applicants can include a wide range of dependents in their application, such as spouses, children, parents, grandparents, and unmarried siblings, ensuring comprehensive family benefits. This inclusivity allows families to secure citizenship together, providing access to Grenada's favorable tax environment, educational opportunities, and enhanced global mobility.

Efficient Application Process

The CBI program boasts a streamlined application process, with citizenship typically granted within 4 to 6 months, enabling prompt access to the associated benefits.This efficiency allows investors to swiftly capitalize on opportunities such as visa-free travel and favorable tax conditions. 

Educational Opportunities at St. George's University

Grenada is home to St. George's University (SGU), a renowned institution offering programs in medicine, veterinary medicine, and other health sciences. The Grenadian Partnership Award provides a 90% reduction in tuition fees for undergraduate degrees, substantially lowering the cost of education for citizens. 

Dual Citizenship Permitted

Grenada allows dual citizenship, enabling investors to retain their original nationality while enjoying the benefits of Grenadian citizenship. This provision offers greater flexibility in international affairs and personal matters. 

Return on Investment in Real Estate

Investing in government-approved real estate projects in Grenada can yield annual returns. Properties, particularly those in the hospitality sector, may offer returns ranging from 2% to 4% per annum from hotel operations. Additionally, real estate values in Grenada have been appreciating, providing potential capital gains over time.

Positive Economic Impact

The CBI program has significantly contributed to Grenada's economy, with a 311% increase in revenue in 2023, reflecting its growing popularity among global investors. This substantial influx of funds has been instrumental in financing key infrastructure projects, enhancing public services, and promoting sustainable economic development across the nation.

U.S. E-2 Visa Eligibility

Grenada is the only Caribbean nation with an E-2 Investor Visa Treaty with the United States, allowing its citizens to apply for a non-immigrant visa to live and work in the U.S. This visa can be renewed indefinitely, provided the underlying investment remains operational, offering long-term opportunities for investors and their families.

Grenada Citizenship by Investment Processing Time

The Grenada CBI program proposes a streamlined process for obtaining citizenship. Historically, the processing time has ranged from 3 to 4 months. Based on Golden Harbors’ experience, in our recent cases, processing times have varied between 4 to 6 months, depending on the volume of applications and the thoroughness of due diligence procedures.

The first step is the due diligence and pre-approval stage, which takes up to 12 weeks. During this time, applicants undergo a comprehensive background check, where their personal, financial, and professional histories are carefully reviewed. This step is critical to ensuring the integrity of the program and confirming that the applicant meets all legal requirements. Once the due diligence process is successfully completed, the applicant receives pre-approval to proceed to the next stage.

The second step involves the main application submission and investment, which typically takes an additional 6 to 8 weeks. At this stage, the applicant fulfills the required investment, either through a contribution to the National Transformation Fund or by investing in an approved real estate project. Once the investment is verified and the remaining documentation is reviewed, final approval is granted. Citizenship certificates and Grenadian passports are then issued, completing the process.

Applicants can enhance the efficiency of their application by ensuring all required documents are complete and accurate, and by collaborating with authorized agents familiar with the process. While the program aims for prompt processing, timelines can be influenced by factors such as the applicant's background and the current workload of the Citizenship by Investment Unit.

Grenada Citizenship by Investment Application Process

The Grenada CBI program offers a structured pathway to citizenship for individuals who meet specific criteria. The application process involves several key steps:

Step 1. Engage an Authorized International Marketing Agent

Applicants must initiate contact through an Authorized International Marketing Agent, who collaborates with an Authorized Local Agent to manage the application. Direct submissions to Grenada’s Citizenship by Investment Committee (CBIC) are not permitted. 

Step 2. Prepare Documentation

With guidance from the Authorized Marketing Agent, applicants complete official forms, undergo a medical examination, and gather necessary supporting documents. All submissions must be in English and properly legalized. For those opting for real estate investment, a sale and purchase agreement is required. 

Step 3. Submit Application

Once all documents are prepared, the Authorized Local Agent submits the application to the CBIC's Executive Office and manages all subsequent correspondence and inquiries. They also ensure that any additional requirements or clarifications requested by the authorities are promptly addressed to avoid delays.

Step 4. Undergo Due Diligence

The government conducts a comprehensive due diligence background check to verify the information provided. Based on these findings, the CBIC makes a recommendation, with final approval granted by the Minister of Citizenship. Applicants receive a letter via their Authorized Local Agent indicating whether the application was approved, delayed, or rejected. 

Step 5. Complete Investment

Upon approval, applicants are instructed to make the required contribution to the National Transformation Fund or finalize the real estate purchase. Proof of payment leads to the issuance of a certificate of registration, confirming Grenadian citizenship. The Authorized Local Agent then uses this certificate to apply for a Grenadian passport on behalf of the applicant. 

Grenada Citizenship by Investment Total Costs Breakdown

Below is a detailed breakdown of the total costs associated with both investment routes: a contribution to the National Transformation Fund or an investment in government-approved real estate.

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Grenada Citizenship by Investment Common Challenges

The citizenship application process can be complex and comes with its own set of challenges. Applicants often face hurdles related to documentation, legal compliance, and navigating investment options. Understanding and addressing these issues early can help ensure a smoother path to obtaining citizenship. Below are some of the most common challenges clients encounter based on our experience:

Gathering and Authenticating Required Documentation

The CBI application requires numerous documents, including police clearance certificates, bank statements, birth certificates, and financial records. Ensuring these are properly notarized, translated (if needed), and authenticated can be time-consuming. Errors or missing details in the documentation can lead to significant delays or rejection.

Understanding Grenada’s Legal and Tax Framework

Many applicants are unaware of how Grenada’s laws on dual citizenship, inheritance tax, or property ownership may affect their status. For business-minded investors, understanding the tax benefits and implications tied to Grenadian citizenship requires professional guidance to avoid unintended financial consequences.

Selecting the Right Investment Option

The two primary pathways — donation to the National Transformation Fund (NTF) or investment in government-approved real estate — have distinct advantages and risks. While donations are straightforward, real estate investments often require careful due diligence on the property and a clear understanding of the exit strategy to ensure compliance with program rules.

Meeting Rigorous Due Diligence Standards

Grenada performs thorough background checks on applicants, which include assessing financial history, source of funds, and personal reputation. Even minor discrepancies in financial records or incomplete explanations of income sources can result in rejection. This is particularly challenging for applicants from jurisdictions with complex financial reporting systems or weaker compliance standards.

Managing the Timeline and Application Process

Misjudging the time required to complete the application is common. The CBI program typically takes 3-6 months, but delays can occur due to errors in submissions, additional documentation requests, or complications during the due diligence stage. For clients with time-sensitive plans, such as upcoming travel or tax planning deadlines, these delays can be especially frustrating.

At Golden Harbors, we specialize in guiding clients through every step of the Grenada Citizenship by Investment process. From helping you compile and authenticate complex documentation to providing expert advice on investment options, our team ensures that your application is seamless and stress-free. We conduct preliminary due diligence reviews, assist in addressing potential issues, and provide ongoing support even after you’ve obtained your citizenship. With our personalized approach and deep expertise, we are here to help you overcome challenges and make the most of Grenada’s CBI program. 

Grenada CBI Program vs Other Caribbean Programs

There are 5 Caribbean CBI programs that offer investors the opportunity to obtain citizenship in exchange for economic contributions (the same options as for Grenada), providing benefits such as enhanced global mobility, favorable tax regimes, and access to new business opportunities. The following is a comparison of Grenada's CBI Program with other popular Caribbean programs:

Selecting the appropriate Caribbean CBI program depends on individual preferences, investment capacity, and specific objectives, as each program offers unique benefits and requirements.

FAQ About Grenada CBI in 2025

When was Grenada CBI Program Launched?

The Grenada Citizenship by Investment program was launched in 2013.

Is it Easy to Become a Citizen of Grenada by Investment?

Obtaining citizenship in Grenada through its Citizenship by Investment program is straightforward, with minimal requirements and a fast application process. Applicants can qualify by making a donation to the National Transformation Fund or investing in approved real estate, with no residency, language, or education requirements. The program is family-friendly, allowing dependents and even siblings to be included, and offers visa-free travel to over 140 countries, including China and the Schengen Area.

How Long Does it Take to Become a Citizen of Grenada by Investment?

The process of obtaining citizenship in Grenada through the Citizenship by Investment program typically takes 3 to 6 months from the submission of a complete application. This timeline includes the processing of documents, due diligence checks, and the final approval. 

What is the Minimum Investment Required for Grenada Citizenship By Investment?

The minimum investment required for Grenada's Citizenship by Investment (CBI) Program is USD 235,000 for a single applicant, made as a donation to the National Transformation Fund (NTF). Alternatively, applicants can invest a minimum of USD 270,000 in a government-approved real estate project. Both options allow for the inclusion of eligible family members, though additional fees may apply.

What are the Residency Requirements for Grenada Citizenship By Investment?

Grenada's Citizenship by Investment Program has no residency requirements, making it one of the most flexible options for obtaining second citizenship compared to traditional citizenship by naturalization. 

What are the Language Requirements for Grenada Citizenship By Investment?

There are no language requirements for Grenada's Citizenship by Investment program. Applicants are not required to demonstrate proficiency in English or any other language, making the program accessible to individuals from diverse linguistic backgrounds. 

What Documents are Required for Grenada Citizenship By Investment?

To apply for Grenada's Citizenship by Investment program, applicants must submit several key documents. These include personal identification such as valid passports, national ID cards, and birth certificates, along with proof of marital status, such as a marriage certificate or, if applicable, a divorce or death certificate of a spouse. Financial records, including bank statements and proof of source of funds like salary, business income, or investments, are also required. Applicants must provide a police clearance certificate from their current country of residence and any country where they have lived for over 6 months in the past 10 years. Medical records confirming the absence of contagious diseases and recent passport-sized photographs in accordance with Grenada’s requirements are necessary. Additionally, completed and signed official application forms, a curriculum vitae (CV), proof of address, and other supporting documents may be required. All documents must be in English or translated into English, and they often need to be notarized, legalized, or apostilled depending on their country of origin.

Do I Need to Pay Taxes in Grenada With Grenada Citizenship By Investment?

Obtaining citizenship through Grenada’s Citizenship by Investment (CBI) Program does not automatically make you a tax resident of Grenada. Grenada offers a favorable tax regime with no global income, wealth, inheritance, or capital gains taxes. Taxes are only applicable to income earned within Grenada. If you do not reside in Grenada or generate income there, you are generally not liable to pay taxes. However, individuals who choose to live in Grenada may be subject to local tax regulations. 

Do I Need to Travel to Grenada for the Grenada CBI Application?

No, you do not need to travel to Grenada to apply for citizenship through the Grenada Citizenship by Investment program, as the entire process can be completed remotely through an authorized agent. However, visiting Grenada can be beneficial for exploring the country, inspecting real estate if you choose the investment option, or attending a citizenship ceremony after approval, though none of these are mandatory.

What are the Visa-free Travel Benefits of Holding a Grenada Passport?

A Grenada passport offers extensive visa-free or visa-on-arrival access to over 140 countries and territories. Key benefits include visa-free travel to the Schengen Area, the United Kingdom, Russia, China, and popular destinations in the Caribbean and Asia. Furthermore, Grenada is one of the few countries whose citizens are eligible to apply for a U.S. E-2 Investor Visa, allowing them to live and work in the United States. 

Can I Include Family Members in My Grenada CBI Application?

Yes, Grenada’s Citizenship by Investment (CBI) Program allows applicants to include family members in their application. Eligible dependents include a spouse, children under 18, and unmarried children aged 18–30 who are financially dependent on the main applicant. Also, dependent parents or grandparents of the main applicant or spouse, as well as unmarried siblings of the main applicant with no children, can also be included. 

Can Unmarried or Same-Sex Couples Apply for Grenada's CBI Program?

Unmarried or same-sex couples can apply for Grenada's Citizenship by Investment (CBI) Program, but their eligibility depends on their ability to demonstrate a recognized partnership. While Grenada does not explicitly recognize same-sex marriages or civil unions, individuals in such relationships can include their partner if they can provide evidence of a longstanding and committed relationship. For unmarried heterosexual couples, similar proof of partnership may be required. 

How Much Does it Cost to Apply For a CBI in Grenada?

For the National Transformation Fund (NTF) option, a non-refundable contribution of USD 235,000 is required for a single applicant or a family of up to four. For additional dependents beyond the fourth, standard dependents incur an extra fee of USD 25,000 or SD 50,000 per person, and siblings require USD 75,000 per person.

For the real estate investment option, the minimum required investment is USD 270,000 in a government-approved project, along with a USD 50,000 government contribution. Similar additional dependent fees apply as with the NTF option. 

Can You Return the Investment You Contributed to Grenada's CBI Program? 

The ability to recover your investment in Grenada's Citizenship by Investment program depends on the chosen investment option. Contributions to the National Transformation Fund (NTF) are non-refundable, meaning the funds cannot be returned under any circumstances. However, if you opt for the real estate investment option, you can typically sell the property after a mandatory holding period of five years, potentially recovering your initial investment. The real estate must be sold to another CBI applicant to maintain its eligibility within the program. 

What are Other Costs Associated With the Grenada CBI Application?

Other costs include an application fee of USD 1,500 per person, a due diligence fee of USD 5,000 per individual aged 17 and over, and processing fees of USD 1,500 per person aged 17 and over or USD 500 for those under 17. An interview fee of USD 1,000 applies to individuals aged 17 and over, including non-applicant spouses and sponsors. 

What are Other Popular Caribbean Countries That Offer Citizenship by Investment?

In addition to Grenada, several Caribbean nations offer highly sought-after Citizenship by Investment (CBI) programs, each with unique benefits and updated investment requirements:

• St. Kitts and Nevis: Launched in 1984, this is the world’s oldest CBI program, renowned for its efficiency. The minimum contribution to the Sustainable Growth Fund (SGF) is USD 250,000 for a single applicant or USD 300,000 for a family of four. Alternatively, applicants can invest in government-approved real estate starting at USD 400,000. The process can be expedited to 60 days through the Accelerated Application Process (AAP). St. Kitts and Nevis citizenship provides visa-free access to over 150 countries, including the EU, the UK, and Singapore.
• Dominica: Known for being affordable and straightforward, Dominica requires a minimum contribution of USD 200,000 to the Economic Diversification Fund (EDF) for a single applicant or USD 250,000 for a family of four. Real estate investment starts at USD 200,000, with additional government fees. The process typically takes three months, and the Dominica passport grants visa-free or visa-on-arrival access to over 145 countries, including the Schengen Area and the UK.
• Antigua and Barbuda: Antigua’s CBI program is family-friendly and offers several investment options. These include a USD 230,000 donation to the National Development Fund (NDF) for a family of up to four or a USD 245,000 donation for families with five or more members. Alternatively, a real estate investment of at least USD 325,000 in approved projects is required. Antigua citizenship provides visa-free travel to over 150 countries, and applicants must spend five days in the country within five years of receiving citizenship.
• Saint Lucia: Launched in 2016, Saint Lucia’s program is valued for its flexibility. Applicants can contribute USD 200,000 to the National Economic Fund (NEF) for a single applicant or USD 240,000 for a family of up to four. Real estate investment starts at USD 300,000, while the purchase of government bonds requires at least USD 250,000. Processing time is typically three to four months, and Saint Lucia citizenship offers visa-free access to over 140 countries, including the Schengen Area, the UK, and Singapore.