Grenada Citizenship Program

Time to citizenship

4 - 6 months

Minimum Investment

US $235,000

Type of investment

Donation - Real Estate

Visa free Countries

143 Including Schengen area, UK, and China

Overview of Grenada

 

Grenada, a renowned island country, is celebrated for its spices, including cinnamon, cocoa, and cloves, which thrive in its fertile volcanic soil. Positioned between the Caribbean Sea and the Atlantic Ocean, Grenada covers a land area of 348.5 km² and has a population of approximately 113,500 people. Creole English serves as the official language in Grenada, and the Eastern Caribbean dollar is the official currency, with the US dollar commonly accepted in business and tourist establishments.

The primary sources of economic revenue in Grenada are its manufacturing industries, specializing in textiles, beverages, and brewing. Additionally, Grenada’s tropical climate serves as a major attraction for tourism, contributing to over 35% of the nation’s economy. The allure of Grenada extends beyond its economic appeal, as the quality of living in the country attracts a diverse array of people, including tourists, investors, and foreigners. Notably, Grenada’s healthcare and education facilities are recognized as some of the finest globally.

Language

Language

English

Currency

Currency

Eastern Caribbean Dollar

Land

Total Area

348 km2

Capital

Capital

St George’s

Government

Government

Parliamentary democracy

Population

Population (2024)

113,519 people

Citizenship by Investment Program of Grenada

Grenada initiated its citizenship-by-investment program in 2013 with the aim of bolstering its economic prosperity. This program enables foreign investors to acquire permanent legal citizenship and a second passport within a relatively short period, typically ranging from 4 to 6 months. Notably, Grenada has established robust diplomatic ties with both the United States and China, positioning itself as the sole Caribbean citizenship by investment program that provides visa-free access to China.

Furthermore, Grenada has entered into an E-2 investor visa treaty with the United States. This treaty affords Grenada passport holders the valuable privilege of working in the United States. These unique features contribute to making Grenada’s citizenship by investment and second passport program stand out among its Caribbean counterparts.

Citizenship by investment in Grenada is available through two options:

  • Option 1: Making a non-refundable contribution to the National Transformation Fund (NTF)
  • Option 2: Investing in an approved real estate project under the Grenada Citizenship by Investment Unit

Benefits of Grenada Citizenship and Passport

Grenada’s citizenship program permits siblings to be sponsored under a single application. Additionally, it does not mandate applicants to undergo a language test, nor is there a requirement for them to reside or visit the country. Holders of Grenada passports enjoy the privileges of voting, property ownership, and the ability to live and work within the country.

Grenada passport holders are privileged to numerous benefits:
  • Enjoy visa-free access to more than 140 countries and territories, including the Schengen zone, the UK, and China.
  • Permitting dual citizenship for greater flexibility
  • Siblings can be sponsored together in a single application.
  • Right to live and work in many other Caribbean countries
  • Citizenship is inheritable, extending to newborns
  • Facilitated access to the US and Canada
  • Non-residents are not subjected to any imposed taxes
  • No residency requirement before or after the grant of the second citizenship

Grenada Citizenship by Investment Options

Grenada Citizenship by Investment
Option 1: The National Transformation Fund (Donation)

The National Transformation Fund (NTF) was established to play a crucial role in sustaining the growth and transformation of Grenada’s economy. This fund is utilized to finance diverse projects spanning multiple industries, such as tourism, trade, agriculture, and alternative energy.

A non-refundable contribution depending on the number of dependents included in the application:

Single applicant

US $235,000

Main applicant and spouse

US $250,000

Family of four

US $300,000

Additional dependents (except siblings and parents/grandparents under the age of 55)

US $25,000 per applicant

Dependent parents/grandparents under the age of 55

US $50,000 per applicant

Dependent siblings

US $75,000 per applicant

Option 2 : Real Estate Investment

Prospective applicants are required to invest in a government-approved real estate project within Grenada, with a minimum value set at either US $320,000 (shared project) or US $350,000 (individual unit). Importantly, the resale of the real estate under the Citizenship by Investment Program is permissible only after a minimum period of five (5) years following the acquisition of citizenship.

The following government fees also apply depending on the number of dependents included in the application:

Single applicant

US $50,000

Main applicant and spouse

US $50,000

Family of four

US $50,000

Additional dependents (except siblings and parents/grandparents under the age of 55)

US $25,000 per applicant

Dependent parents/grandparents under the age of 55

US $50,000 per applicant

Dependent siblings

US $ 75,000 per applicant

grenada citizenship

Additional Fees for Grenada Citizenship

Application fee

US $1,500 per applicant

Processing fee

US $1,500 per applicant

Processing fee for dependents below 18 years old

US $500 per applicant

Due diligence for main applicant

US $5,000

Due diligence for spouse

US $5,000

Due diligence for dependents 17 years old and above

US $5,000 per applicant

Oath of allegiance and passport fee

US $275 per applicant

grenada passport

How to Qualify for Grenada Citizenship?

  • The main applicant must be a minimum of 18 years old.
  • Applicants are required to have a clean criminal record.
  • Proof of the legitimate source of funds for the investment must be provided.
  • Dependent children under the age of 30 are eligible.
  • Dependent parents and grandparents can also be included.
  • Unmarried dependent siblings who are 18 years old and above may be included in the application.
  • All applicants must undergo due diligence checks to obtain approval.

How to Apply and Obtain Grenada Citizenship?

Citizenship Network is recognized as an international marketing agent listed under the Citizenship by Investment Unit. We are authorized to promote and deliver comprehensive services for the Grenada Citizenship by Investment program.

  • Our specialized team collaborates with you to collect, translate, and notarize the required documents, ensuring strict adherence to the Grenada government’s standards.
  • The compiled documents, along with the due diligence and application fees, will be submitted to the government of Grenada, initiating your application and undergoing the necessary due diligence procedures.
  • Upon securing initial approval, the Grenada government will issue a letter requesting the remaining funds.
  • After making the necessary investment for your chosen program, you receive your Certificate of Registration, officially attaining citizenship in Grenada.
  • Your advisor at Citizenship Network proceeds to apply for your Grenada passport and ensures its delivery to you.

Reach us to learn all about Grenada Program, Application Details and Visa-Free Countries

In recent years, the Grenada government has effectively endeavored to broaden the array of countries where its citizens can enjoy visa-free access.

FAQ’s About Grenada Citizenship

How do I become a citizen of Grenada?

Grenada grants citizenship to applicants who fulfill specific criteria and either make a suitable financial contribution or invest in approved real estate.

How long does it take to get Grenada citizenship?

Investors can obtain Grenada citizenship within a timeframe of 4 to 6 months.

Does Grenada allow dual citizenship?

Yes, Grenada permits applicants to retain their existing citizenship while applying for Grenadian citizenship.

Is Grenada safe?

Grenada is widely regarded as one of the safest islands in the Caribbean.

How strong is Grenada passport?

The Grenada passport is ranked 33rd in terms of travel freedom, providing visa-free travel to 143 countries, including access to the Schengen zone, the UK, and China.

Book a Detailed Session for Your Specific Case & Learn the Best Solutions for € 100 Only (1 Hour)

Get a Free Consultation with Our Expert Advisors Today!

Fill out the form and our Expert Advisor will reach out to you.


    Latest News & Updates

    Other Citizenship Programs

    Saint Kitts and Nevis Citizenship Program

    St Kitts & Nevis holds strong credentials for being the oldest Citizenship by Investment program in the world, established in 1984.

    Vanuatu Citizenship Program

    Vanuatu is the only country in the Asia-Pacific countries that offers Citizenship by Investment and is popular for its rapid processing time.

    Saint Lucia Citizenship Program

    Saint Lucia has established the Citizenship program in 2016, after inheriting years of experiences from the other Caribbean countries.

    Dominica Citizenship Program

    Dominica is well known as one of the most reputed and affordable programs in the eastern Caribbean region.

    Turkey Citizenship Program

    Established in 2017, the Turkey Citizenship by Investment Scheme provides one of the fastest and simplest ways to secure a second passport.

    Cyprus Citizenship Program

    Cyprus offers the most assured path to Citizenship in Europe, popular among high net worth investors for its rapid citizenship through lucrative real estate

    Malta Citizenship Program

    Malta Citizenship by Investment program secures a direct route to acquire European citizenship.

    Montenegro Citizenship Program

    Montenegro citizenship by investment program was launched in 2019, it allows foreign investors acquire European residency and citizenship within 6 months

    Antigua and Barbuda Citizenship Program

    Antigua and Barbuda is known for the ease of access due to their international airport that serves as a terminal hub linking to other countries.

    Why do our clients choose us ?

    We are highly transparent and comply with all regulations to provide the best service for our clients.