February 7, 2025
6
min read
History in the making for all Caribbean citizenship by investment programs. Grenada being a leading country in innovative approach to citizenship has introduced a groundbreaking initiative - the Grenada Citizenship by Invitation program.
This new pathway to citizenship is designed to attract select individuals who can contribute to the country's economic, social, technological or cultural development. Unlike traditional investment-based programs where investors by contributing capital to national funds or real estate can obtain citizenship by investment, this initiative will target leaders in the investment industry, renewable energy, banking, innovation, technology, and hospitality sectors, aiming to bring investment into these priority areas of Grenada's economy. While details are still emerging, this program is expected to offer an exclusive and streamlined path to Grenada citizenship for distinguished applicants invited by the government.
Since the Grenada Citizenship by Invitation program is a new initiative, the full eligibility requirements and application process have yet to be publicly disclosed.
However, based on our analysis of similar global programs—such as Austria’s Discretionary Citizenship for Extraordinary Achievements, Italy’s Citizenship by Exception for Special Merit, Paraguay’s Citizenship by Presidential Decree, the United Arab Emirates’ Citizenship for Special Talent and Investors and others - the Grenada Citizenship by Invitation program may involve:
We will update this section as more details become available.
Grenada’s Citizenship remains a top choice for global investors, offering unparalleled benefits. Obtaining Grenadian citizenship comes with numerous advantages, making it one of the most sought-after citizenship programs in the Caribbean. Some key benefits include:
Apart from the newly introduced Citizenship by Invitation program, there are several established pathways to becoming a Grenadian citizen:
These diverse pathways ensure that individuals with different backgrounds and intentions—whether by birthright, heritage, marriage, long-term residence, or investment—have opportunities to obtain Grenadian citizenship. Each route comes with its own set of requirements, offering flexibility for those seeking to become part of the nation.
Launched in 2013, Grenada's Citizenship by Investment Program (CIP) offers two primary routes to obtaining citizenship: a contribution to the National Transformation Fund (NTF) or an investment in government-approved real estate.
The NTF contribution requires a minimum, non-refundable investment of USD 235,000 for a single applicant. This fund supports national development initiatives and provides a streamlined, cost-effective option for those seeking a hassle-free process without financial returns.
Alternatively, applicants can invest in pre-approved real estate projects, with a minimum of USD 270,000 for fractional ownership in luxury resorts or USD 350,000 for sole ownership, subject to a 5-year holding period. While this option demands a higher initial investment, it offers the potential for rental income and property appreciation, making it an attractive choice for investors.
Both pathways allow applicants to include family members and grant visa-free access to numerous countries, positioning Grenada as a prime destination for global investors seeking both financial and mobility benefits.
Applicants must also undergo due diligence checks, provide required documentation, and pay applicable fees. The process typically takes 3-11.5 months.
Our team has also worked on a comprehensive review of Grenada Citizenship by investment program which you can find here.
To better understand the differences between these two programs, the following table provides a clear comparison:
Both Citizenship by Invitation and Citizenship by Investment offer pathways to obtaining Grenada citizenship, but they cater to different groups of individuals. The Citizenship by Invitation program appears to be a selective initiative aimed at attracting top-tier investors and contributors, while the CBI program remains the fastest and most accessible option for those willing to make a financial investment.
At Golden Harbors, we are closely monitoring developments related to Citizenship by Invitation and will provide updates as soon as more information becomes available.
The Grenada Citizenship by Invitation program is an exciting development, but as of now, many details remain unclear. We will continue to monitor updates and provide the latest information as soon as the government releases more specifics.
In the meantime, our experienced team at Golden Harbors is ready to assist clients in obtaining Grenadian Citizenship by Investment (CBI) or exploring other Caribbean citizenship options. With years of expertise, we provide tailored guidance to ensure a smooth and successful application process.
If you're considering Grenada citizenship, contact us today for a consultation and explore the best option for your needs!
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Victoria
Lead Attorney at Golden Harbors
Victoria
Lead Attorney at Golden Harbors