05.03.2025

Grenada Citizenship by Investment in 2025: A Complete Guide

Juri Püttsep
Author of the article:
Juri Püttsep
Иммиграционный эксперт.

Intoduction

Grenada is a picturesque island nation in the Caribbean, known as the “Spice Island” due to its extensive nutmeg exports. Tourism plays a key role in the country’s economy, contributing approximately 77% of its GDP.

The Grenada Citizenship by Investment Program has been in place since 2013, offering investors two main pathways to obtaining a passport:

  • a non-refundable contribution of at least $235,000 to the national fund;
  • real estate investment of at least $270,000, with the option to sell after five years.

With its flexible terms and transparent application process, Grenada’s citizenship program remains one of the most sought-after options for investors. In this article, we will explore the key aspects of obtaining Grenadian citizenship by investment, including requirements, investment options, and program benefits.

Benefits of Obtaining Grenadian Citizenship

Grenada’s Citizenship by Investment program offers a wide range of advantages, from visa-free travel to tax benefits and business opportunities in the U.S. Let’s take a closer look at its key benefits.

Visa-Free Travel.

A Grenadian passport allows visa-free travel to 148 countries, including the Schengen Zone, the UK, China, and Singapore. This provides additional opportunities for business, leisure, and international partnerships.

Long-Term U.S. Tourist Visa.

Grenadian citizens are eligible for a B-1/B-2 visa valid for up to 10 years—the maximum duration for this type of visa. It permits stays of up to six months per year for tourism, medical treatment, or business meetings.

Business Immigration to the U.S.

A Grenadian passport allows investors to apply for an E-2 visa, enabling them to live and work in the U.S. by opening or acquiring a business. The visa is issued for two years with the possibility of renewal.

Favorable Taxation.

Grenada has a flexible tax system:

  • no taxes on income, capital gains, inheritance, or dividends;
  • personal income tax is only applied to income earned within Grenada. The rate is 10% on amounts up to 24,000 EC$ (Eastern Caribbean Dollar) and 28% on higher incomes.

These conditions make Grenada attractive for tax planning.

Access to Education in the UK.

As a member of the Commonwealth, Grenada offers its citizens the opportunity to apply for scholarships at British universities, making quality education more affordable.

Citizenship for the Entire Family.

Applications can include a spouse, children under 30, parents, grandparents, and even siblings who are financially dependent on the main applicant. This is one of the most flexible second citizenship programs for families.

Simple and Fast Application Process.

Citizenship can be obtained remotely, with no language tests or residency requirements. Applicants only need to pass a due diligence check and meet the investment requirements.

Confidentiality.

The Grenadian government does not disclose applicant information to third parties, ensuring a high level of data protection. The Grenada Citizenship by Investment Program is not only a convenient way to enhance global mobility and business opportunities but also a reliable tool for tax planning and securing a family’s future.

Ways to Obtain Grenadian Citizenship

Grenada offers several paths to citizenship, each with its own requirements. Depending on your situation, you can choose the most suitable option.

Birth or Adoption.

Children of Grenadian citizens automatically acquire citizenship. At least one parent must be a citizen by birth or naturalization. Additionally, Grenada follows the “right of the soil” principle, granting citizenship to children born in the country (except for children of diplomats). Adopted minors receive citizenship immediately upon finalization of the adoption process.

Naturalization.

To become a citizen through naturalization, one must legally reside in Grenada for more than seven years. In some cases, the timeframe may be shortened by a decision of the Minister of Citizenship. The process begins with obtaining a residence permit (based on employment, business, family reunification, or other grounds). After three years, applicants can apply for permanent residence, and after an additional four years, they may apply for citizenship.

Registration.

Citizens of Commonwealth nations, the Republic of Ireland, and spouses of Grenadian citizens can obtain citizenship through registration. Spouses must prove the legality of their marriage and cohabitation in Grenada. Commonwealth and Irish citizens must meet residency requirements of at least five years, demonstrate English proficiency, have no criminal record, and show intent to continue living in Grenada. The applicant must also take an oath of allegiance.

Investment.

For those willing to invest in Grenada’s economy, there are two main routes to citizenship by investment:

  • a non-refundable contribution of at least $235,000 to the National Transformation Fund;
  • real estate investment of at least $270,000.

Regardless of the chosen pathway, obtaining Grenadian citizenship requires careful preparation and adherence to legal formalities.

How Much Does Grenadian Citizenship by Investment Cost?

Grenadian citizenship through investment is an attractive option for those looking to obtain a passport from this Caribbean nation. Investors can choose between two participation options in the program:

Option 1: Non-Refundable Contribution to the National Fund

The minimum contribution is $235,000, which is allocated to the National Transformation Fund (NTF). This fund supports the development of key industries such as tourism, renewable energy, and agriculture. The contribution is a one-time, non-refundable payment, making it a straightforward option for those who do not wish to invest in real estate.

The contribution amount varies depending on the category of applicants:

Applicant Type: Fund Contribution Amount: Additional Costs:
Investor 235,000$ 5,000$ Due Diligence, from $4,500 other fees.
Married Couple 235,000$ 5,000$ Due Diligence, from $8,850 other fees.
Family of 4 or More 235,000$ + Additional fees for relatives. 5,000$ for each person over 17, from $13,350 other fees.

Option 2: Real Estate Investment

For this option, the minimum investment amount is $270,000. However, to qualify for citizenship, the property must be government-approved, and the total investment in the project must be at least $440,000 if multiple investors participate. Additionally, when purchasing a share in a government-approved project, an extra registration fee is required, depending on the value of the chosen property.

The investment amount and additional fees for real estate purchases include:

Applicant type: Property purchase amount: Additional expenses:
Investor from 270,000$ 50,000$ government fee, from $11,000 for share registration.
Married couple from 270,000$ 50,000$ government fee, from $11,000 for share registration.
Family of 4 or more from 270,000$ 50,000$ government fee, from $11,000 for share registration, additional fees for relatives.

Both options provide a pathway to obtaining Grenadian citizenship, and the choice between them depends on individual preferences and readiness for long-term investments. The contribution to the national fund offers a lower entry threshold, while real estate investment may be more beneficial in the long run, as the property can be sold after five years.

Requirements for Obtaining Grenadian Citizenship

To qualify for Grenadian citizenship, applicants must meet several criteria, including financial stability and a clean background. This program is ideal for investors as it allows citizenship acquisition through investment without requiring knowledge of the local language or culture.

Key requirements for the main applicant:

  • must be at least 18 years old;
  • no criminal record;
  • legal sources of income;
  • good health (medical examination required);
  • no previous visa or citizenship program rejections.

Additionally, the applicant must pass a due diligence background check. Family members financially dependent on the main applicant can also qualify for citizenship, including:

  • spouse;
  • unmarried sisters and brothers over 18 without children;
  • children up to 30 years old;
  • parents, grandparents.

The applicant must contribute to Grenada’s economic development or purchase government-approved real estate. In return, after successful verification, the applicant and their family members receive citizenship.

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Required Documents

To apply for Grenadian citizenship, the following documents must be prepared:

  1. Passport – colored copy for each applicant.
  2. Health insurance.
  3. Birth certificate.
  4. Marriage or divorce certificate.
  5. Police clearance certificate.
  6. Medical certificate.
  7. Resume.
  8. Copy of diploma or academic certificate.
  9. 12 photographs (35 × 45 mm), with one certified by a lawyer.
  10. Proof of investment.
  11. Copy of the lawyer’s license who certified the documents.
  12. Proof of residence address.
  13. Bank statement or other proof of income.

It is important to note that the exact list may vary depending on the specific case. All documents must be translated into English, notarized, and apostilled to meet the program’s requirements.

Step-by-Step Procedure for Obtaining Grenadian Citizenship

Obtaining Grenadian citizenship through investment can be done remotely, without requiring personal presence in the country. The process typically takes around six months. Below is the step-by-step procedure:

  1. Preliminary Check (1 Business Day). At this stage, a confidential background check is conducted through international databases, including legal and business sources. This helps identify potential issues that could affect citizenship approval, reducing the risk of rejection.
  2. Document Preparation (Up to 1 Month). Legal specialists compile a list of required documents, translate them, notarize them, and submit them to Grenada’s Investment Migration Agency (IMA) for further processing.
  3. Due Diligence Check (3–6 Months). IMA conducts a background check to verify the applicant’s credibility. This involves verifying all information that could impact the decision. The applicant must also complete an online interview and pay the necessary fees.
  4. Investment Requirement Fulfillment (Up to 1 Month). Once the due diligence check is successfully completed, the investor must fulfill the investment requirement—either a contribution to the National Transformation Fund or the purchase of government-approved real estate. This must be done within 30 days.
  5. Passport Issuance (From 4 Weeks). After all conditions are met, the investor receives a Grenadian passport. The documents are sent to the applicant’s designated address.

The process of obtaining Grenadian citizenship is streamlined and well-structured, with each step closely monitored by professionals to minimize risks and expedite approval.

Grenadian Passport Renewal

A Grenadian passport is valid for 10 years, after which it must be renewed. The renewal process is straightforward, requiring the submission of specific documents.

To renew a passport, the following documents are required:

  • completed passport replacement forms;
  • expired passport;
  • two recent passport-sized photos (45 × 35 mm), officially certified;
  • marriage or divorce certificate (if applicable);
  • written consent for minors under 16;
  • certificate of naturalization or registration.

The renewal fee is $350 for adults and $250 for children under 18. The renewal process follows a standard procedure, requiring careful document preparation to avoid delays.

Main Reasons for Citizenship Denial

Citizenship applications may be denied for various reasons. Compliance with Grenadian laws and requirements is crucial for a successful application. The primary reasons for denial include:

  • national security threats;
  • violations of Grenadian laws and regulations;
  • errors in the submitted documents;
  • providing false information or document forgery;
  • criminal convictions with sentences exceeding six months in Grenada;
  • previous visa rejections from other countries;
  • activities that could harm Grenada’s reputation.

Proper document preparation and adherence to legal requirements help applicants avoid potential rejections and ensure a smooth citizenship process.

Grenadian Taxation System

Grenada’s taxation system is attractive to investors, offering favorable conditions for individuals and businesses. Understanding the key tax obligations is essential for proper financial planning. Grenadian citizens do not pay taxes on income earned outside Grenada. Taxes are only levied on income earned within the country. The personal income tax is:

  • 10% on income up to 24,000 Eastern Caribbean Dollars (EC$);
  • 28% on income exceeding this threshold.

Employees are also required to pay 5% in social contributions. These rates apply to both tax residents and non-residents. For businesses, companies registered in Grenada are considered tax residents. The corporate tax rate is 28%. Grenada also imposes a property tax of up to 0.8% of the property’s market value. When selling real estate, the tax rate is 5% for residents and 15% for non-residents.

The country applies a Value Added Tax (VAT) of 15% on most goods and services. However, gifts and inheritances are not subject to taxation. Grenada offers competitive tax benefits, especially for individuals earning income abroad or investing in local real estate.

Summary of Grenadian Citizenship by Investment

Grenadian citizenship by investment is an excellent opportunity for investors seeking new prospects for themselves and their families. The process involves several stages, including selecting an investment route, submitting documents, undergoing verification, and obtaining a passport. While transparent, the procedure requires careful document preparation and strict compliance with legal requirements.

We provide comprehensive support throughout the entire process of acquiring Grenadian citizenship by investment—from consultation to passport issuance and document renewal. Contact us for a seamless and efficient experience in obtaining your Grenadian passport.

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