Passport Legacy 17

Grenada Citizenship By Investment

The Grenada Citizenship by Investment Programme is one of the most robust Caribbean immigration investment programmes, designed to drive the country’s development through foreign investment. Unique among Caribbean countries, Grenada holds the E-2 visa treaty with the US, enabling citizens to apply for a non-immigrant visa and reside there.

About Grenada

Grenada is a beautiful island nation located in the southeastern Caribbean that offers a unique blend of culture, history, and natural beauty. The country is known for its lush tropical rainforests, pristine beaches, and turquoise waters, which provide a perfect backdrop for outdoor activities such as hiking, diving, and snorkelling.

As a member of the Commonwealth of Nations and a parliamentary democracy, Grenada enjoys a stable political environment and a thriving economy that is driven by agriculture, tourism, and manufacturing. The country is famous for its production of nutmeg, cinnamon, and other spices, which are exported worldwide. In addition to its natural beauty and economic stability, Grenada also boasts a rich cultural heritage, with a vibrant music scene, colourful festivals, and an intriguing history that dates back to the indigenous Carib and Arawak peoples. The country is ideal for those seeking a secondary passport as it offers a quick and efficient Citizenship by Investment Programme.

  • The capital of the country is St. George’s
  • The currency is the Eastern Caribbean Dollar
  • Current population as of 2021: 112,519
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USD 235,000

Minimum Investment by Donation

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USD 270,000

Minimum Investment in Real Estate

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6 Months

Time to
Citizenship

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143 Countries

Visa -
Free Access

Benefits of Grenada Citizenship

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Visa-Free Access

Grenada passport holders can hold dual citizenship.

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Low Tax Rate

Grenada offers exemption from taxation on capital gains, inheritance, wealth, gifts, or foreign income.

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Application Time

Applicants do not need to be in Grenada during the time of application.

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Citizenship

Citizenship is passed onto all future generations; newborn children and a newly married wife can be added for free.

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For Family

A single applicant can apply for his/her family members as dependants, including the main applicant’s spouse, children (biological or adopted) under 30 years of age, dependant parents, and siblings above the age of 18.

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Education

Access to the largest offshore Medical University, St. George’s University, of the United States of America in Grenada.

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Travel Visa-Free

Grenadian citizens can travel visa-free and visa-on-arrival to a total of 143 countries.

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US E-2 Treaty Visa

A gateway to acquire a US E-2 Treaty Visa – The only Caribbean Citizenship program that offers it.

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Visa-Free Access

Grenada passport holders can hold dual citizenship.

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Low Tax Rate

Grenada offers exemption from taxation on capital gains, inheritance, wealth, gifts, or foreign income.

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Application Time

Applicants do not need to be in Grenada during the time of application.

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Citizenship

Citizenship is passed onto all future generations; newborn children and a newly married wife can be added for free.

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For Family

A single applicant can apply for his/her family members as dependants, including the main applicant’s spouse, children (biological or adopted) under 30 years of age, dependant parents, and siblings above the age of 18.

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Education

Access to the largest offshore Medical University, St. George’s University, of the United States of America in Grenada.

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Travel Visa-Free

Grenadian citizens can travel visa-free and visa-on-arrival to a total of 143 countries.

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US E-2 Treaty Visa

A gateway to acquire a US E-2 Treaty Visa – The only Caribbean Citizenship program that offers it.

Grenada Citizenship Requirements

Citizenship by Investment Programme

To obtain citizenship in Grenada, applicants can either make a minimum donation of USD 235,000 to the National Transformation Fund or invest a minimum of USD 270,000 in an approved real estate project. The required investment amount for the NTF will increase with the number of dependents during the time of application. The applicant is free to sell the acquired property after five years.

To qualify for economic citizenship by investment, applicants may choose from one of the two options:

Application Process

The application process is straightforward, and it may take up to 6 months between initiating the process and receiving the residency documents. The application process can be divided into the following stages:

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Real Estate

Discover everything you need to know about purchasing premium real estate in Grenada. Please see our government-approved listings that qualify you for the Grenada Citizenship By Investment Programme.

Real Estate

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Minimum Real Estate Investment (in $USD)

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ROI or Rental Income Opportunity

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Minimum Real Estate Holding Period

Title Deed

Ownership
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Canale Law

Legal Basis

The Citizenship by Investment (CBI) Programme is regulated by Grenada’s Citizenship by Investment Act 15, 2013. This law has been effectively documented and published. It is part of the Grenada legal system and approved by the national parliament. Any individual may apply for naturalisation and be eligible for Citizenship if the Government is satisfied that such a person has invested significantly in Grenada and passed Due Diligence successfully.

FAQ's

HOW LONG IS THE INVESTOR REQUIRED TO MAINTAIN OWNERSHIP OF THEIR PROPERTY TO KEEP GRENADIAN CITIZENSHIP AND QUALIFY FOR THE RESALE PROVISIONS AS PER THE CBI LEGISLATION?

Properties acquired through the Grenada citizenship by investment program must be kept for at least five (5) years before being sold. However, lifestyle investors can immediately resell their properties.

Yes. The second purchaser of your property is qualified to apply for Grenadian citizenship, provided the first purchaser waits for five (5) years from the grant of their citizenship before selling the property. This benefit is only available to buyers who purchase an apartment worth at least USD 220,000 in a Government-approved real estate resort.

Once the Government-approved apartment has been purchased or the final contribution amount is paid and received by the Government of Grenada, it will take approximately 5-6 weeks for the Citizenship Certificate and passport to be issued. The total process is approximately 8-11 months. 

Grenada’s public education is open for children up to the age of 16. Furthermore, St. George’s University is internationally accredited and widely regarded as the world’s finest US-run medical university outside of the US. St. Georges University has the greatest amount of licensed physicians in the United States per the 2108 FSMB Survey, with 10,791 licensed physicians. It has colleges of medicine, veterinary science, and arts and science schools. St. George’s Medical School graduates are typically well-positioned to practice at top hospitals in the United States and the United Kingdom.

All Grenadian citizens receive a 90% Grenada Partnership Award, which means they only pay 10% of tuition fees for undergraduate programmes, including pre-medical and pre-veterinary courses. This applies to any Grenadian citizen who has been a resident in Grenada for at least one (1) year before registering in an undergraduate programme.

To date, the Grenadian passport is one of the few in the world that allows visa-free travel to the United Kingdom (180 days), the Schengen Area countries (90 days), and Mainland China (30 days). Grenada is the only Caribbean nation that ensures qualified applicants are entitled to apply for a USA E-2 Treaty visa, allowing the investor and family members to establish a company and lawfully reside in the United States of America.

The list is evolving as Grenada continues to forge and strengthen new diplomatic relations.

In Grenada, citizenship can be passed on from generation to generation. The principal applicant, upon acquiring citizenship, can apply for citizenship for children, including minors. Second-generation citizens may also apply for citizenship for their children, allowing the principal applicant’s grandchild to be a Grenadian citizen, and so on.

Overview of Grenada

the Island of Spice

Grenada, known as the “Island of Spice,” is a vibrant Caribbean nation located in the southeastern Caribbean Sea, at the southern end of the Grenadines island chain. The country consists of the main island, Grenada, and several smaller islands, including Carriacou and Petite Martinique. With a total area of 348.5 square kilometres, Grenada boasts picturesque landscapes, vibrant culture, and warm, friendly people, making it a highly sought-after destination for tourists.

The capital city of Grenada

The capital city of Grenada is St. George’s, a charming harbour town nestled on the southwestern coast of the main island. St. George’s is known for its well-preserved colonial architecture, bustling markets, and the historic Fort George, offering panoramic views of the city and the sea. The island’s interior is characterised by lush rainforests, cascading waterfalls, and the famous Grand Etang Lake, which sits within an extinct volcanic crater.

English is the official language of Grenada

English is the official language of Grenada, reflecting its history as a former British colony. The nation gained independence in 1974 and is now a parliamentary democracy within the Commonwealth realm. Grenada’s population, estimated at around 113,000, is a diverse mix of African, East Indian, and European descent, resulting in a rich cultural tapestry that blends traditions, music, and cuisine.

Grenada's economy is primarily driven by tourism

Grenada’s economy is primarily driven by tourism, which contributes significantly to the country’s GDP. The island’s natural beauty, coupled with its range of recreational activities such as sailing, scuba diving, and hiking, makes it a popular destination for travellers. Other sectors contributing to the economy include agriculture, with Grenada being a major producer of spices like nutmeg and mace, as well as fishing and manufacturing. The official currency is the Eastern Caribbean Dollar (XCD), pegged to the US Dollar.

The country is committed to sustainable development and has made significant strides in renewable energy

As a member of various international organisations, including the United Nations, the Caribbean Community (CARICOM), the Organisation of Eastern Caribbean States (OECS), and the British Commonwealth, Grenada actively engages in regional and global affairs. The country is committed to sustainable development and has made significant strides in renewable energy, environmental conservation, and climate change adaptation, ensuring that its natural beauty and resources are preserved for generations to come.

Got Any Questions?

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Passport Legacy 17
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