How to Get Grenada Citizenship: Guide for Investors

There are 8 ways to become a citizen of Grenada. One of them is to invest at least $235,000 in the country’s economy. Grenada citizenship by investment is one of the most sought-after Caribbean programmes due to a clear legal framework and fast processing timelines.

To obtain a passport, foreigners purchase real estate or make a contribution to the National Transformation Fund. The procedure is remote and usually takes 6 months at minimum.

Anton Molchanov, Expert
Anton Molchanov
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How to Get Grenada Citizenship: Guide for Investors

What is Grenada citizenship by investment?

Grenada citizenship by investment allows foreign nationals to obtain citizenship by naturalisation in return for a qualifying investment in the country’s economy. The programme is regulated by the Government of Grenada and is considered one of the most established options in the Caribbean region [203] Source: Grenada CBI, IMA Grenada .

Under the citizenship-by-investment programme, applicants make an investment of at least $235,000. Investors may choose between two options:

  1. Non-refundable contribution to the National Transformation Fund, which finances infrastructure, tourism, and sustainable development projects.
  2. Purchase of government-approved real estate, primarily hotel and resort developments. The property can be sold after five years, allowing investors to recover the investment.

The programme operates remotely. Applicants are not required to travel to Grenada at any stage of the process and submit documents exclusively through a licensed agent. In practice, the procedure usually takes 6 or more months, subject to Due Diligence checks and the government’s decision.

Grenada citizenship by investment remains in demand despite stricter regional regulation. Caribbean programmes, including Grenada’s, are now overseen by a regional authority that has unified Due Diligence standards and compliance rules. 

Even under these conditions, Grenada demonstrated one of the strongest results in the region, attracting around $412 million in programme revenue, reflecting sustained interest from international investors.

From January to December 2025, Grenada approved 89% of applications under its citizenship by investment programme. The data was published by IMA Grenada [204] Source: Citizenship approval statistics, IMA Grenada . The largest share of applicants comes from Nigeria with 15%, followed by China with 13% and Iraq with 7%. 

In the first quarter of 2026, IMA Grenada received 103 new applications and processed 122 applications [205] Source: Citizenship approval statistics, IMA Grenada . Of these, 119 were approved and 3 were denied, giving an approval rate of approximately 98%. 

Among the approved applications, 79, or 66%, were under the real estate option, while 40, or 34%, were under the National Transformation Fund route. 

Only properties approved by the Government of Grenada qualify for citizenship by investment. The investment can be recovered after 5 years if the property is sold.

Citizenship by investment
Real estate investment remains the most popular option under the Grenada investment programme, chosen by 80% of approved applicants

Applications most frequently come from Nigeria and China. In the first quarter of 2026, Nigeria accounted for 24% of all applications received by IMA Grenada, while China represented 15%. The United States ranked third with 9%, followed by Iraq with 7% and Germany with 6%. Together, these 5 countries accounted for 61% of applications submitted during the quarter.

The statistics relate to applications rather than individual applicants, as a single application may include the main investor and several family members.

Grenada citizenship by investment
The geographic pattern is broadly consistent with the results for 2025, when Nigeria and China also ranked as the two largest source countries

8 benefits of Grenada citizenship

Grenada citizenship offers practical advantages for investors and their families, from international mobility to access to education and business opportunities. The benefits are defined by national legislation and international agreements and apply once citizenship is granted.

1. US business visa

Grenada citizens may apply for the US E-2 investor visa. Investors who acquired Grenadian citizenship through the CBI programme must now have been domiciled in Grenada continuously for at least 3 years before applying, unless they previously held E status [206] Source: Public Law 117 - 263, US government . They must also invest substantial capital in a real operating US business and actively develop and direct it.

2. US tourist visa

Grenada citizens may apply for a US B-1/B-2 Visitor Visa for temporary business trips or tourism. Since April 2nd, 2026, applicants travelling on a Grenadian passport have been subject to the US Visa Bond Pilot Program [207] Source: Visa bonds, US government . If the visa is approved, the applicant must post a refundable bond of $15,000.

The visa is issued for a single entry and must be used within 3 months, while the permitted stay in the United States is limited to 30 days. The bond is returned if the traveller complies with the visa conditions and leaves the country on time.

3. Scholarships at UK universities

Grenada is a member of the Commonwealth of Nations. as a result, its citizens can apply for scholarships at universities in London, Liverpool, and Manchester, including Commonwealth Scholarships.

4. Freedom to choose a place of residence

To apply for citizenship, an investor does not need to live permanently in Grenada. By comparison, a French passport can be obtained only after 5 years of residence in the country and a Spanish passport after 10 years.

5. Tax optimisation

For tax residents of Grenada, there is no tax on worldwide income, capital gains, or inheritance. Personal income tax is levied on a progressive scale: for annual income of $24,000 and above, the rate is 10%.

6. Citizenship by descent

If an investor has a child after obtaining a passport, the child may automatically qualify for Grenada citizenship.

If children born before obtaining the status are not included in the initial application, it will not be possible to add them later.

7. Dual citizenship

Grenada permits dual citizenship. Investors are not required under Grenadian law to renounce their existing nationality when obtaining a Grenada passport. This allows applicants to retain the rights associated with their original citizenship while gaining the benefits of Grenadian citizenship. Applicants should, however, confirm that multiple citizenship is permitted under the laws of their country of origin.

8. Visa-free travel

Citizens of Grenada are entitled to travel freely to 165 countries worldwide. In the Schengen Area, they may stay for up to 90 days out of 180. In the United Kingdom, stays of up to 180 days per year are allowed, while in China and Singapore up to 30 days are permitted.

Grenada is well connected to North and South America. A flight to Miami takes about four hours, while Panama can be reached in just over three hours. Direct flights to London take approximately nine hours.

Travel with the Grenada passport

Afghanistan
eTA
Albania
eTA
Algeria
Visa upon arrival
Andorra
Visa-free, 90 days
Angola
Visa-free, 30 days
Antigua & Barbuda
Visa-free
Argentina
Visa-free
Armenia
eTA
Australia
eTA
Austria
Visa-free
Azerbaijan
Visa is required
Bahamas
Visa-free
Bahrain
eTA
Bangladesh
Visa-free
Barbados
Visa-free
Belarus
Visa is required
Belgium
Visa-free
Belize
Visa-free
Benin
Visa-free
Bermuda
Visa-free
Bhutan
eTA
Bolivia
eTA
Bosnia & Herzegovina
Visa-free
Botswana
Visa-free
Brazil
Visa-free
Brunei
Visa is required
Bulgaria
Visa-free
Burkina Faso
eTA
Burundi
Visa-free
Cambodia
Visa upon arrival
Cameroon
eTA
Canada
Visa is required
Cape Verde
Visa-free
Central African Republic
Visa is required
Chad
eTA
Chile
Visa-free
China
Visa-free
Colombia
Visa-free
Comoros
Visa-free
Congo - Brazzaville
Visa is required
Congo - Kinshasa
eTA
Costa Rica
Visa-free
Côte d’Ivoire
eTA
Croatia
Visa-free
Cuba
Visa-free
Cyprus
Visa-free
Czechia
Visa-free
Denmark
Visa-free
Djibouti
Visa-free
Dominica
Visa-free
Dominican Republic
Visa-free, 60 days
Ecuador
Visa-free
Egypt
Visa-free, 15 days
El Salvador
eTA
Equatorial Guinea
eTA
Eritrea
Visa is required
Estonia
Visa-free
Eswatini
Visa-free
Ethiopia
eTA
Fiji
Visa-free
Finland
Visa-free
France
Visa-free
Gabon
eTA
Gambia
Visa-free
Georgia
Visa-free
Germany
Visa-free
Ghana
Visa-free
Greece
Visa-free
Guatemala
Visa is required
Guinea
eTA
Guinea-Bissau
Visa-free
Guyana
Visa-free
Haiti
Visa-free
Honduras
Visa is required
Hong Kong SAR China
Visa-free
Hungary
Visa-free
Iceland
Visa-free
India
eTA
Indonesia
eTA
Iran
Visa-free, 14 days
Iraq
eTA
Ireland
Visa-free
Israel
eTA
Italy
Visa-free
Jamaica
Visa-free
Japan
Visa is required
Jordan
Visa-free
Kazakhstan
eTA
Kenya
Visa-free
Kiribati
Visa-free
Kuwait
Visa is required
Kyrgyzstan
eTA
Laos
Visa-free
Latvia
Visa-free
Lebanon
Visa is required
Lesotho
Visa-free
Liberia
eTA
Libya
eTA
Liechtenstein
Visa-free
Lithuania
Visa-free
Luxembourg
Visa-free
Madagascar
Visa upon arrival
Malawi
Visa-free
Malaysia
Visa-free
Maldives
Visa upon arrival
Mali
Visa is required
Malta
Visa-free
Marshall Islands
Visa is required
Mauritania
eTA
Mauritius
Visa-free, 90 days
Mexico
Visa is required
Micronesia
Visa-free, 30 days
Moldova
Visa-free
Monaco
Visa-free
Mongolia
Visa upon arrival
Montenegro
Visa-free
Morocco
Visa is required
Mozambique
eTA
Myanmar (Burma)
Visa is required
Namibia
eTA
Nauru
Visa is required
Nepal
eTA
Netherlands
Visa-free
New Zealand
Visa is required
Nicaragua
Visa upon arrival
Niger
Visa is required
Nigeria
eTA
North Korea
Visa is required
North Macedonia
Visa is required
Norway
Visa-free
Oman
Visa-free, 14 days
Pakistan
eTA
Palau
Visa-free
Palestinian Territories
Visa-free
Panama
Visa-free
Papua New Guinea
Visa upon arrival
Paraguay
Visa is required
Peru
Visa-free, 90 days
Philippines
Visa-free
Poland
Visa-free
Portugal
Visa-free
Qatar
eTA
Romania
Visa-free
Russia
Visa-free
Rwanda
Visa-free
Samoa
Visa-free
San Marino
Visa-free
São Tomé & Príncipe
eTA
Saudi Arabia
Visa upon arrival
Senegal
Visa-free
Serbia
Visa-free
Seychelles
Visa-free, 90 days
Sierra Leone
Visa-free
Singapore
Visa-free
Slovakia
Visa-free
Slovenia
Visa-free
Solomon Islands
Visa-free
Somalia
eTA
South Africa
Visa is required
South Korea
eTA
South Sudan
eTA
Spain
Visa-free
Sri Lanka
eTA
St. Kitts & Nevis
Visa-free
St. Lucia
Visa-free
St. Vincent & Grenadines
Visa-free
Sudan
Visa is required
Suriname
Visa-free
Sweden
Visa-free
Switzerland
Visa-free
Syria
Visa upon arrival
Taiwan
Visa is required
Tajikistan
eTA
Tanzania
Visa-free
Thailand
eTA
Timor-Leste
Visa-free
Togo
eTA
Tonga
Visa is required
Trinidad & Tobago
Visa-free
Tunisia
Visa is required
Türkiye
Visa upon arrival
Turkmenistan
Visa is required
Tuvalu
Visa upon arrival
Uganda
Visa-free
Ukraine
Visa-free
United Arab Emirates
eTA
United Kingdom
eTA
United States
Visa is required
Uruguay
Visa-free
Uzbekistan
Visa-free
Vanuatu
Visa-free, 120 days
Venezuela
Visa-free, 90 days
Vietnam
Visa-free, 180 days
Yemen
Visa is required
Zambia
Visa-free, 30 days
Zimbabwe
Visa-free

Limitations of Grenada citizenship

Despite its advantages, Grenada citizenship has certain limitations that investors should consider before applying:

  1. Citizenship is granted by naturalisation and may be revoked in specific cases. The government may withdraw citizenship if false information is discovered or if serious legal violations occur after naturalisation.
  2. Strict Due Diligence requirements. Applications are subject to enhanced background checks, including mandatory interviews for applicants and dependents over 17. Not all applicants are approved.
  3. Limited investment options. Only government-approved real estate projects qualify for the programme, and the alternative contribution option is non-refundable.
  4. Tax obligations depend on residency status. Tax benefits apply only to tax residents of Grenada. Spending more than 183 days per year in the country may trigger tax residency and related obligations.

Key updates to the Grenada citizenship by investment programme

From July 1st, 2024, Grenada increased the minimum non-refundable contribution for a family of four from $200,000 to $235,000, and the minimum share value when purchasing real estate from $220,000 to $270,000.

The new conditions are set out in a Memorandum of Agreement. The purpose of the document is to unify and standardise citizenship by investment programmes across the region [208] Source: Memorandum of Agreement .

Caribbean countries have also tightened requirements for applicants. The states will now exchange information on applicants. If a foreigner has been refused citizenship by one Caribbean country, obtaining a passport in another will be practically impossible.

From March 31st, 2023, Grenada suspended the acceptance of citizenship by investment applications from citizens of Russia and Belarus.

Who can obtain Grenada citizenship by investment

Grenada citizenship is available to the investor’s relatives, including parents, siblings, and other family members. Applications are accepted from foreigners who have passed a due diligence check and meet the programme requirements:

Main applicant — over 18 years old, with no criminal record, in good health, and with a legal source of income:

  • spouse — with no criminal record;
  • children — under 30 years old;
  • parents of the investor;
  • brothers and sisters — over 18 years old, unmarried, and without children.

All family members must be financially dependent on the main applicant.

To participate in the Grenada citizenship by investment programme, neither the applicant nor their family members are required to travel to the country. The investor submits documents through a licensed agent, and the procedure is carried out remotely.

After the citizenship application is approved, only a newborn child of the married couple may be added. This must be done within 12 months of the child’s birth.

Grenada citizenship by investment cannot be the primary citizenship. A newborn first acquires the citizenship of the father or mother. If the parents are citizens of different countries, it is possible to choose the citizenship that offers greater benefits.

How can investors obtain a Grenada passport?

To qualify for Grenada citizenship by investment, an applicant must meet the requirements of one of the programme’s investment routes. The NTF and approved-project options have fixed minimum thresholds, while a significant investment is considered individually by the government.

non-refundable contribution to the National Transformation Fund

The fund finances projects that support Grenada’s economic development and diversification. The minimum contribution is $235,000 for the main applicant and up to three dependants. 

A fee of $25,000 applies to each additional standard dependant, starting with the fourth dependant. Separate fees apply to certain parents, grandparents, and siblings.

An investment in a government-approved project

Most approved projects are hotels, resorts, and villas. The standard minimum investment is $350,000. 

Alternatively, 2 or more investors may purchase shares of at least $270,000 each in a qualifying tourism accommodation unit with a total value of at least $540,000. In both cases, an additional government contribution of $50,000 is required for the main applicant and up to three dependants.

The investment must generally be held for at least 5 years. Where permitted by the project agreement, the property may be rented out, although rental income and resale returns are not guaranteed and depend on the performance of the selected development.

The property may be rented out and generate an annual yield of 2—5%.

Anton Molchanov, Deputy Head of the Legal Department Anton Molchanov Deputy Head of the Legal Department

A significant investment in a Grenadian business

An investor may purchase a registered business or company operating in Grenada or acquire shares in a company or consortium of companies. The applicant must submit a detailed proposal demonstrating that the investment will provide considerable benefit to Grenada’s economy and create or preserve employment opportunities for Grenadian citizens.

Unlike the NTF and approved-project options, the significant-investment route does not have a standard minimum amount published in the current IMA fee schedule.

Grenada real estate
Purchasing a share in a beachfront hotel complex in the Caribbean for $440,000+ allows an investor to obtain citizenship and enjoy holidays with the services of a personal chef, driver, and concierge

Investment returns under the Grenada citizenship programme

Investors who choose the real estate option may generate income from their investment. In practice, real estate acquired under the programme may be rented out. 

According to market data and project disclosures, the expected annual yield usually ranges from 2 to 5%, depending on the property type, location, and management model. Returns are not guaranteed and depend on market conditions and the performance of the specific project.

Investors who opt for a contribution to the National Transformation Fund do not receive any financial return, as this option is non-refundable and structured as a contribution to public development projects.

How can investors exit the investment under the Grenada citizenship programme?

For real estate investments, the programme establishes a minimum holding period of 5 years. After this period, the property may be sold on the open market. If the buyer is another citizenship by investment applicant, the property may be reused for a new application, subject to current programme rules.

Selling the property allows the investor to recover the initial investment, although the resale price depends on market conditions.

For the contribution option, no exit is set: funds transferred to the National Transformation Fund cannot be refunded, regardless of future changes in personal circumstances.

Grenada citizenship itself does not require renewal. Once granted by naturalisation, it is held for life, provided the citizen complies with the law and programme requirements. 

Costs of obtaining Grenada citizenship

Under the NTF option, the $235,000 contribution covers an application of up to 4 people: the main applicant and up to three dependants [209] Source: Fees and costs, IMA Grenada .

Under the real estate option, applicants make 2 separate payments: 

  1. Investment in an approved project.
  2. $50,000 government contribution. 

The property investment is made once and does not increase when a spouse or children are added to the application. The $50,000 government contribution covers the main applicant and up to 3 dependants. 

Additional family fees are charged as follows:

  • $25,000 for each standard dependant starting with the 4th dependant — that is, the 5th person in the application when the main applicant is included.
  • $50,000 for each dependent parent or grandparent aged 55 or under, regardless of their position in the application.
  • $75,000 for each eligible sibling, regardless of their position in the application.

Parents or grandparents aged 55 or under and siblings are not included among the three standard dependants covered by the minimum contribution; their respective special fee applies to each such relative.

Additional expenses include Due Diligence fees — background checks carried out for each family member — as well as government fees and charges. These costs amount to $5,000 for each family member over the age of 17.

These amounts are added to the NTF contribution or, under the real estate option, to the government contribution.

Calculation of the cost of Grenada citizenship by investment

Expense categoryNTF contributionReal estate investment
Investment$235,000+$270,000+
Government fee$50,000
Application fee$1,500 per applicant$1,500 per applicant
Due Diligence fee$5,000 per applicant aged 17 or over$5,000 per applicant aged 17 or over
Processing fee$1,500 per person aged 17 or over$500 per child under 17$1,500 per person aged 17 or over
$500 per child under 17
Mandatory interview fee$1,000 per person aged 17 or over$1,000 per person aged 17 or over
Document and banking expensesTranslation, notarisation, legalisation, medical examinations, police certificates, courier and bank charges — variableTranslation, notarisation, legalisation, medical examinations, police certificates, courier and bank charges — variable
Property-related expenses~4% property registration fee

Documents required to obtain Grenada citizenship by investment

Documents for participation in the Grenada citizenship by investment programme must be translated into English, notarised, and apostilled. The exact list depends on the investor’s individual circumstances.

The main documents required to apply for Grenada citizenship are:

  1. Completed government application forms.
  2. Passport — a colour copy for each applicant.
  3. National identity card, if applicable
  4. Police clearance certificate.
  5. 12 photographs measuring 35 × 45 mm, one of which must be certified by a lawyer.
  6. Proof of funds, such as bank statements for the last 12 months.
  7. Birth certificate — two copies.
  8. Medical certificate.
  9. Curriculum vitae.
  10. Marriage or divorce certificate — two copies.
  11. Educational certificate or diploma transcript.
  12. Proof of compliance with the investment programme requirements.
  13. Copy of the licence of the lawyer or notary who certifies the documents.
  14. Proof of residential address, such as a utility bill, lease agreement, or title deed.
  15. Evidence of employment or business ownership.
  16. Bank account details for the account from which the investment and programme fees will be transferred.
  17. Proof of dependency for adult children, parents, grandparents, or other eligible dependants, such as evidence of education, financial support, shared residence, or medical dependency.
  18. Proof of payment of application, processing, Due Diligence and interview fees.

To obtain a medical certificate, the investor and all family members included in the citizenship application must undergo a medical examination. Applicants are checked for vaccination records and the absence of serious or infectious diseases.

How to apply for Grenada citizenship?

Foreign nationals file only through a licensed agent. According to Pasportivity’s legal team, the process typically takes 6 months or more.

IMA Grenada restricts applications from nationals of Iran, North Korea, Russia, Belarus, Sudan, Yemen, and Afghanistan [210] Source: Grenada Circular No. 1 of 2024, IMA . Limited exceptions may apply to nationals of Iran, Sudan, Yemen, and Afghanistan who have lived abroad for at least 10 years, have no economic ties to a restricted country, and can undergo Enhanced Due Diligence in their country of birth.

PT6M
  1. 2 days

    Preliminary check

    A Passportivity Compliance Specialist confidentially verifies eligibility before filing. They review all nationalities held; check for prior US, Schengen, or UK visa refusals; and screen source of funds, source of wealth, and place-of-residence requirements.

    Preliminary check
  2. 2 to 4 weeks

    Document collection

    Passportivity lawyers prepare a personalised list of required documents, complete the government forms, arrange certified translations and apostilles, and compile evidence of the applicant’s source of funds and source of wealth.

    They also agree on the payment arrangements in advance, including the sending bank, currency, and relevant escrow or government accounts.

    Document collection
  3. 3 to 6 months

    Due Diligence check

    Grenada’s Citizenship Department conducts a thorough background review of identity, finances and travel history. Government fees are paid, and the applicant attends the mandatory online interview. Transfers and historical banking relationships may be verified against the declared payment chain.

    Due Diligence check
  4. Up to 1 month

    Fulfilling the investment requirement

    After approval in principle, the investor completes the selected option: a contribution to the National Transformation Fund or payment for approved real estate via escrow where applicable. All payments are executed through pre-cleared, regulated institutions with SWIFT/MT103 proofs matching invoices and forms.

    Fulfilling the investment requirement
  5. 4+ weeks

    Receiving documents

    The investor receives the naturalisation certificate. The passport is then issued and delivered to the chosen address by Pasportivity.

    A Grenada passport must be renewed every 10 years. The renewal procedure is fully remote via a consulate; maintain up-to-date civil status and address documentation to streamline processing.

    Receiving documents

Taxes paid by residents of Grenada

If a foreigner spends more than 183 days a year in the country, they automatically acquire tax resident status and are required to pay taxes on their worldwide income [211] Source: Tax filling and registration, Grenada government . Non-residents pay taxes only on income earned in Grenada.

For individuals

Individuals’ income is taxed on a progressive scale from 0 to 28%, depending on the level of income:

  • up to XCD 24,000 per year — 0%;
  • from XCD 24,000 to 60,000 — 10%;
  • above XCD 60,000 — 28%.

The tax on dividends, interest, and royalties for non-residents is 15%. Grenada does not levy taxes on worldwide income, capital gains, or inheritance.

For legal entities

Companies in Grenada pay corporate income tax at a rate of 28%. Value-added tax is charged in addition. The standard VAT rate is 15%, with the following exceptions:

  • 20% — for mobile network operators;
  • 10% — for hotels and diving companies;
  • 0% — for companies supplying basic food products or water.

VAT is payable by companies with annual revenue of at least XCD 300,000. Social security contributions amount to 4% of employees’ salaries. The withholding tax on dividends and royalties paid to a non-resident company is 15%.

Real estate taxes

Property owners pay an annual tax of up to 0.8% of the market value of the property. When selling residential or commercial real estate, a property transfer tax applies:

  1. For citizens of Grenada — around 5%.
  2. For foreigners — up to 15%.

Non-residents purchasing land must also pay for the Alien Landholding Licence, a permit to own land. The fee amounts to 10% of the plot’s value.

How to renew a Grenada passport

A Grenada passport is valid for 10 years and must be renewed after that period. An application is submitted to a Grenada consulate [212] Source: Grenada embassy . The applicant must provide the originals and notarised copies of the birth certificate and the expired passport, as well as two photographs measuring 45 × 35 mm.

In some cases, additional documents may be required:

  • written consent for children under 16;
  • marriage or divorce certificate;
  • death certificate of a spouse.

The passport renewal fee is $350, or $250 for children under 18. Applications are processed within two to three weeks. The new passport is delivered by post or collected in person at the consulate.

To avoid bureaucratic difficulties, applicants may contact Passportivity. The firm’s lawyers support investors even after citizenship is obtained, for example by assisting with passport renewal, opening bank accounts, and company registration.

Grenada passport by investment for Iranians
Grenada passport must be renewed every 10 years. The renewal procedure is fully remote via a consulate

Reasons for refusal and revocation of Grenada citizenship

The Government of Grenada seeks to protect the country’s international reputation and therefore conducts thorough checks on all citizenship applicants.

Grenada citizenship will be refused if the applicant [213] Source: Citizenship by Investment Act, 2013, Grenada Parliament :

  • provides false information on the application form;
  • has previously been convicted in any country of an offence for which the maximum custodial penalty for the same or a similar offence in Grenada exceeds 6 months, unless the applicant has received a free pardon;
  • is the subject of a criminal investigation;
  • is considered a potential national security risk to Grenada or any other country;
  • is involved in an activity likely to bring Grenada into disrepute;
  • has been denied a visa by a country to which Grenadian citizens may travel visa-free and has not subsequently obtained a visa from that country.

Grenada citizenship by investment may be revoked if it was granted on the basis of fraud, false representations, concealment of material facts, or a material failure to disclose information relevant to the statutory refusal grounds. The Minister may also revoke citizenship on national security grounds or if the holder no longer satisfies the requirements of the Citizenship by Investment Act.

A person whose citizenship is revoked under the Citizenship by Investment Act is not entitled to recover the investment or contribution made as part of the original application. If revocation is considered because the holder no longer meets the programme’s statutory requirements, the Minister must provide written notice stating the grounds and allow at least 30 days for the citizen to submit objections.

Visiting Grenada

As Caribbean CBI programmes tighten their requirements, Grenada and four other Eastern Caribbean states are preparing to implement a mandatory physical-presence rule. New citizens would be required to spend at least 30 days in the country within the first 5 years after naturalisation [214] Source: Upcoming regional reforms, July 1st, 2025, EC CIRA .

Investors planning to visit or stay in Grenada, even temporarily, may find it useful to understand several practical aspects of the island, including its climate, cost of living, and transport links.

Geographical location

Grenada is a compact island country in the eastern Caribbean Sea, located north of Trinidad and Tobago and northeast of Venezuela. The capital, St George’s, is situated on the south-western coast and serves as the country’s main commercial and transport centre.

Despite its modest size, Grenada offers remarkably varied scenery. Its mountainous interior is covered by tropical rainforest and crossed by hiking trails, while the coastline features more than 40 beaches, 15 waterfalls, sheltered bays, and over 30 dive sites. 

Grenada citizenship by investment
Grenada consists of the main island of Grenada, divided into six parishes, as well as the smaller islands of Carriacou and Petite Martinique

Climate

The climate is tropical. Daytime temperatures range from +26 to +30°C, while night-time temperatures are around +22…24°C. The rainy season in Grenada lasts from May to December. Rainfall is usually short-lived: bright sunshine during the day can be followed by a heavy tropical downpour an hour later. From January to April, the weather is drier and milder, which is also the peak tourist season on the island.

Thanks to the warm climate, fresh fruit — mangoes, papayas, and bananas — is available in Grenada all year round. The island is also known as the “Isle of Spice”: nutmeg, cinnamon, and cloves are grown here, and their aroma can be felt in the air after rain.

Cost of living

The monthly living expenses for one person in Grenada, excluding rent, amount to around $1,071. This figure includes groceries, transport, and everyday expenses. For example, a meal at a café costs about $11, a litre of milk around $3, and a monthly bus pass approximately $37 [215] Source: Cost of living in Grenada, Numbeo .

By comparison, one person spends about $1,110 in France and $1,183 in Germany.

Education

The education system in Grenada includes free primary education and compulsory schooling until the age of 14. Secondary education continues until the ages of 16 to 18. The island also has private schools that offer international curricula.

Grenada’s most well-known higher education institution is St George’s University, which attracts students from dozens of countries. It is particularly valued for its medical programmes, and many graduates go on to pursue careers in the United States and the United Kingdom.

Healthcare

The public healthcare system in Grenada covers basic services, such as consultations with a doctor and treatment at local clinics. Laboratory tests, medication, and specialised treatment are usually paid for separately.

The country’s main hospital is the General Hospital in St George’s. There are also private medical centres on the island. For complex surgical procedures, patients often travel to the United States or Barbados.

How Passportivity supports Grenada investors

Passportivity assists investors throughout the Grenada citizenship by investment process, from the initial eligibility assessment and selection of an investment option to receipt of citizenship documents. Each case is handled according to the applicant’s family composition, financial background, and long-term objectives.

Support continues after citizenship is granted. Passportivity helps Grenada passport holders: 

  • renew or replace passports;
  • obtain tax numbers and police clearance certificates;
  • register companies and yachts;
  • exchange driving licences;
  • apostille documents;
  • apply for US B-1/B-2 Visitor Visa;
  • add eligible family members. 

The team can also handle other legal and administrative requests not listed among the standard services. Additional services and related government or third-party fees are charged separately.

Key facts about the Grenada passport

  1. Grenada citizenship can be obtained by birth, marriage, naturalisation, repatriation, adoption, for exceptional services, or through employment with the government.
  2. Investors obtain a passport by making a non-refundable contribution of at least $235,000 to the National Transformation Fund or by purchasing real estate worth at least $270,000.
  3. An investor may include family members in the application, such as a spouse, children, parents, and siblings.
  4. With a Grenada passport, holders can visit 139 countries visa-free, including the United Kingdom, Singapore, China, and Schengen Area countries. Citizens are also eligible to apply for a US tourist visa and the E-2 business visa.
  5. An investor must submit a citizenship application exclusively through a licensed programme agent, such as Passportivity.

Frequently asked questions

Investors can choose one of two investment options:

  1. A contribution to the National Transformation Fund. For a single applicant or a married couple, the investment amount is $235,000.
  2. The purchase of real estate worth at least $270,000. In this case, an additional government fee of at least $50,000 applies.

In both cases — whether contributing to the National Transformation Fund or purchasing real estate — applicants must also pay government fees and charges.

The main applicant must be over 18 years old, have no criminal record, be in good health, and have a confirmed source of income. The investor may include family members in the application: children under 30, a spouse, parents, and siblings.

With Grenada citizenship, an investor and their family can travel visa-free to 165 countries. Citizens are also eligible to apply for the US E-2 business visa. Grenada does not levy inheritance tax or capital gains tax. Tax residents do not pay tax on income earned outside the country.

Yes. Investors can obtain a Grenada passport by making a non-refundable contribution to the National Transformation Fund.

For a single applicant or a family of up to four people, the investment amount is $235,000. For each additional family member, starting from the fifth, the following fees apply:

  • $25,000 — for a child or a parent aged 55 and over;
  • $50,000 — for a parent under 55;
  • $75,000 — for a brother or sister.

Grenada passport holders can visit 165 countries without a visa. For example, stays of up to 180 days per year are allowed in the United Kingdom, up to 90 days out of 180 in the Schengen Area, and up to 30 days in China and Singapore.

Grenada citizenship allows stays of up to 90 days out of 180 in Schengen Area countries and up to 180 days per year in the United Kingdom.

The main investment in the government fund or real estate is transferred only after preliminary approval of the application. At the due diligence stage, the applicant pays only non-refundable fees: for application processing, due diligence checks, and the agent’s services.

If Grenada citizenship is refused, the investor loses only the amount of the non-refundable fees.

The Grenada citizenship interview is conducted online and consists of a questionnaire and an oral interview. During the process, the applicant’s identity, consistency of information in the documents, source of funds, and motivation for obtaining citizenship are assessed.

Since September 2023, all applicants under the Grenada citizenship by investment programme, including spouses and dependants over the age of 17, are required to undergo an interview.

Yes. Although the number of such programmes has decreased in recent years, several countries grant citizenship by investment in the national economy. Among them are Vanuatu and São Tomé and Príncipe.

Vanuatu operates a citizenship-by-investment programme based on a non-refundable contribution to a government fund. The minimum investment threshold starts at $130,000.

São Tomé and Príncipe introduced a citizenship by investment programme aimed at attracting foreign capital. The minimum investment threshold starts at $90,000.

US law does not define this requirement as a simple count of 1,095 days of uninterrupted physical presence. An applicant who obtained Grenadian nationality through financial investment and has never previously held E status must demonstrate that Grenada was their domicile for one continuous period of at least three years at any point before applying for the E-2 visa.

'Domicile' generally means the applicant’s principal home, which they intend to maintain for the foreseeable future. Evidence may include a long-term home in Grenada, immigration and travel records, utility bills, local banking activity, tax records, employment or business interests, and family connections.

Temporary trips abroad may not necessarily break domicile, but the final assessment is made by the US consular authorities based on the applicant’s circumstances.

IMA Grenada has not published a separate public protocol specifically governing cryptocurrency assets or confirming that qualifying investments may be paid directly in cryptocurrency. The programme’s general source of funds and source of wealth requirements, therefore, apply.

An applicant whose wealth originated from cryptocurrency should be prepared to demonstrate ownership and the complete transaction history. Evidence may include wallet addresses, exchange statements, transaction hashes, records showing when and how the assets were acquired, tax returns, conversion records, and bank statements showing the proceeds entering the declared account.

The final programme payment must be traceable to the source declared in Form 5. If the source changes, an updated Form 5 and evidence of the withdrawal from the new source are required. IMA also requires evidence of a direct transfer into the relevant government, developer, or escrow account.

The published regional framework proposes that new citizens by investment spend an aggregate of at least 30 days in the country that granted citizenship during the first 5 calendar years after naturalisation or registration. The 30 days would not necessarily have to be consecutive and would be completed after citizenship is granted rather than before approval.

The rule is intended to create a genuine link between new citizens and their country of citizenship. However, the detailed calculation, documentary evidence, exemptions, and consequences of non-compliance will depend on the final regulations and directives.

ECCIRA is not expected to decide how Grenada allocates National Transformation Fund contributions. The NTF is a Grenadian government fund established under the country’s public-finance framework, and its resources are used for government-sponsored projects.

ECCIRA’s role is regulatory and supervisory. Under the regional framework, it may establish common accounting and escrow standards, audit national CBI units and other competent authorities, review programme records, and require responses or corrective action following an audit. Decisions on the selection and financing of Grenadian public projects remain the responsibility of the Government of Grenada and the relevant national authorities.

Obtaining Grenadian citizenship does not remove a US citizen’s federal tax and reporting obligations. US citizens are generally required to file US tax returns and report their worldwide taxable income regardless of where they live or how many citizenships they hold.

FATCA is primarily an information-reporting regime rather than a separate tax. Under the US–Grenada FATCA agreement, Grenadian financial institutions may identify accounts held by US persons and report the relevant information for transmission to the US authorities.

A US citizen may also have to file Form 8938 and an FBAR. An FBAR is generally required when the combined value of reportable foreign financial accounts exceeds $10,000 at any time during the year. Foreign tax credits or other relief may apply depending on the individual circumstances.

The investment option chosen by the parent does not affect the child’s eligibility. However, the newborn is not simply issued a passport automatically: the birth must be reported and an application or addition procedure must be completed.

Grenada’s CBI legislation recognises as a dependant a child born to the main applicant or their spouse within 12 months after citizenship is granted. A related provision allows a main applicant to request the inclusion of a child born within 12 months after the original application was filed. In that case, the request must be made within six months after the birth, accompanied by the prescribed fee, a birth certificate, and any additional documents requested by the authorities.

Under the shared-ownership model, at least two investors acquire shares in a qualifying tourism accommodation unit with a total minimum value of $540,000. Each investor must purchase a share worth at least $270,000.

The standard approved-project investment threshold, sometimes marketed as the sole-ownership option, is $350,000. Therefore, the difference in the investment is $80,000.

Both options also require a separate government contribution of at least $50,000.

CBI citizenship may be revoked for material non-disclosure, false information, or if the holder no longer satisfies the requirements of the Citizenship by Investment Act.

Additional grounds applying specifically to naturalised citizens include disloyal acts or statements, assisting an enemy during a war involving Grenada, or receiving a prison sentence of at least 12 months within 5 years after naturalisation.

Except in certain national-security cases, the person must normally receive written notice and an opportunity to challenge the proposed decision. Under the CBI Act, the response period must be at least 30 days.

Corporate owners must disclose their employment or self-employment history, annual income, business activities, principal markets, and every company in which they hold a beneficial ownership interest. They must also explain the activity that generated the funds used for the investment and identify the bank account from which the programme payment will be made.

Yes. A biological or adopted sibling of either the main applicant or the main applicant’s spouse may be included if the sibling:

  • is at least 18 years old;
  • is single; and
  • has no children.

Each sibling remains subject to the programme’s background checks and other application requirements. An additional qualifying contribution of $75,000 per sibling applies under both the NTF and approved-project routes.

Applicants submit a completed handwritten form, two recent photographs, the current or expired passport, an original birth certificate, and a certificate of registration or naturalisation where applicable. Marriage, divorce, custody, or name-change documents may also be required.

Through the Embassy of Grenada in the United States, the official fee is $350 for an adult passport and $250 for an applicant under 18. Return postage is charged separately. A correctly completed application normally takes around two to three weeks.

Fees vary by consular mission. At the Grenada High Commission in London, a standard application costs £277 for an adult or £195 for a child, plus a £30 processing fee. Standard processing is approximately 6 weeks, with a separately priced fast-track service available.

Grenadian citizenship does not provide automatic admission to St. George’s University. Applicants must meet the academic and other admission requirements of the selected programme.

Passportivity Head of the Investment Department Yulia Malloy

Contact us today

Passportivity assists international clients in obtaining residence and citizenship under the respective programs. Contact us to arrange an initial private consultation.

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