Grenada Citizenship by Investment Program (CBI) Complete Guide
Unlock a Grenada Passport by Investing in Paradise
Refúgio seguro
Para toda a família
$235,000
Minimum Fund Donation
$270,000
Minimum Real Estate Investment
9+ months
Obtainment period
The Grenada Citizenship by Investment Program (CBI) was legislated into Grenada’s Citizenship Act in 2013. It grants foreign investors and their families the opportunity to obtain a second citizenship and passport in exchange for an investment. Qualifying investments include investing in government-approved real estate and contributing to a state fund that supports government-sponsored projects that boost the economy and create jobs.
This guide presents all the essential details about citizenship by investment in Grenada, including:
Grenada Citizenship by Investment Overview
The Grenada citizenship by investment program was established through the Grenada Citizenship by Investment Act No. 15 of 2013. The Act allows the Grenadian government to grant a citizenship certificated to foreign nationals who make significant economic contributions to the nation.
Investment Migration Agency Grenada (IMA) is the government authority tasked with overseeing and regulating Grenada’s CBI program in accordance with the Act and standards set by governmental entities such as the Organisation for Economic Co-operation and Development (OECD).
Two investment options are available to investors: A government fund contribution and an approved property investment. The minimum investment threshold starts at $235,000, and applicants can include their children, spouses, parents, grandparents, and siblings in their applications.
Principais detalhes do programa
- Visa free countries: 148
- Sem visto para o Espaço Schengen da UE: Sim
- Tax framework: No worldwide income taxes
- Processing time: 9 months
- Minimum government fund contribution: $235,000
- Minimum real estate investment: $270,000
- Minimum total for one applicant: $246,500
- Minimum total family of four: $262,000
- Dependentes elegíveis:
- Cônjuge
- Children under 29 or with disabilities
- Parents and grandparents over 55
- Unmarried siblings over 18
- Validade do passaporte:
- 5 years for all passports
- Requisito de visita ou residência: Nenhum
- Entrevista para a cidadania: Sim (virtual)
- Unique feature: Provides eligibility for the US E2 Visa
10 Benefits of Grenada's Citizenship by Investment Program
1
O plano B definitivo
Grenada second citizenship gives you and your family the flexibility of global mobility and safety in a politically stable country with diplomatic representations across four continents and ten countries.
2
Inclusão familiar alargada
The primary applicant can include their spouse, dependent children, siblings, parents, and grandparents in their citizenship application for a Grenada passport.
3
Affordable investment options
The minimum investment needed starts at just $235,000 for a single applicant or family of up to four, making it one of the most affordable citizenship programs.
4
Processo de candidatura rápido
A Grenada citizenship by investment application will be processed within nine months.
5
Tax optimization
Grenada citizens and residents benefit from no global income tax, wealth tax, capital gains tax, or inheritance tax.
6
Não há requisitos de residência
Applicants are not required to visit Grenada during the diligence process to Obtain Grenada citizenship. The mandatory interview is conducted virtually.
7
Viagens sem visto
Grenada passport holders enjoy increased global mobility with visa free and visa on arrival access to over 140 Grenada visa free countries, including China, Hong Kong, Russia, countries in Europe’s Schengen Area, the UK, and Saudi Arabia.
8
Sem testes de língua nem requisitos académicos
Applicants to the Grenada citizenship program are not required to sit and pass any language tests or meet academic requirements.
9
Investment after approval
The required investment is made only after the application has been approved in principle, increasing confidence and reducing risk.
9
US investor visa access
Grenada offers the only Caribbean citizenship through an investment that provides eligibility for the US E-2 Visa Program.
Grenada Citizenship Eligibility Criteria
- Be over 18 years old
- Be of outstanding character
- Be in good health
- Não ter antecedentes criminais
- Faça um investimento elegível
- Partake in a virtual interview
- Cônjuge
- Children
- Under 18
- Between 18 and 29 who are supported by the main applicant or spouse
- 18 and over who are physically/mentally challenged
- Parents or grandparents over 55 who are fully dependent on the main applicant of their spouse
- Siblings of the main applicant or their spouse 18 or over who are unmarried and without children
- Medical clearance: Prospective applicants must prove good health by taking a comprehensive medical examination confirming they have no health conditions that put public health at risk.
- Police clearance: A clean criminal record in all countries of residence over the past ten years is required to complete the Grenada citizenship process.
- Afghanistan
- Bielorrússia
- Iran
- North Korea
- Rússia
- Sudan
- Iémen
Restricted country nationals can apply for citizenship under the following circumstances:
- They migrated prior to reaching adulthood or possess permanent residency or a valid travel or residency visa for at least ten years in Australia, the UK, the US, New Zealand, Saudi Arabia, the UAE, or any Schengen member state.
- Maintain no economic ties to a restricted country.
For applicants originating from Afghanistan, Iran, Sudan, or Yemen, due diligence providers have the right to conduct comprehensive investigations, including on-site inquiries in the applicant’s country of birth.
Entre em contacto com um especialista em cidadania por investimento
A nossa equipa de especialistas líderes no setor irá ajudá-lo em tudo, desde a apresentação do seu pedido de imigração até fornecer aconselhamento jurídico e fiscal profissional. Somos totalmente dedicados ao seuseu sucesso.
Joe Rice
Responsável pela Unidade das Caraíbas
Investment Options for Grenada Citizenship by Investment
As opções de investimento para a obtenção da cidadania ao abrigo do programa CBI de Antígua têm um valor mínimo de 230 000 dólares e incluem:
- Non-refundable contribution to the National Transformation Fund (NTF)
- Sole or joint real estate investment in an approved real estate project
1. National Transformation Fund donation
The National Transformation Fund (NTF) option allows single investors and families of up to four to make a non-refundable contribution of $235,000 to qualify for citizenship.
The fund’s contributions are used to support government-sponsored projects in critical sectors, including education, healthcare, infrastructure, and tourism.
The NTF option is designed for investors seeking the most affordable, fastest, and most straightforward route to qualify for citizenship by investment in Grenada.
NTF Donation | Candidato individual | Família de até quatro pessoas | Outros (Child under 18) | Outros (Child over 18 and dependent parents/grandparents over 55) | Dependent Sibling |
Doação mínima | $235,000 | +25 000 dólares cada | +$50,000 each | +$75,000 each | |
2. Government-approved real estate investment
The Grenada real estate options allows applicants to purchase shares in an approved real estate developments or a single property as a sole buyer to acquire citizenship. Real estate options comprise of luxury resorts, villas, and boutique hotels.
Option 1
Investors can make a partial investment to the value of at least $270,000 in shares of government-approved real estate projects.
Option 2
Investors can make a sole investment of $350,000 in a single unit of an approved Grenada real estate project.
Investimento imobiliário | Candidato individual | Família de até quatro pessoas | Outros (Child under 18) | Outros (Child over 18 and dependent parents/grandparents over 55) | Dependent Sibling |
Investimento mínimo | OPTION 1: $270,000 joint investment | ||||
Government fees and charges
In addition to the minimum investment required, investors must pay fees to complete the citizenship process. Fees for the Grenada citizenship by investment include:
- Government fee
- Application fee
- Taxa de processamento
- Taxa de due diligence
- Taxa de entrevista
Taxa | National Transformation Fund | Real Estate Investment | |
Taxa governamental | N/A | $50,000: Family of up to Four $25,000: Additional dependent (child under 18) $50,000: Additional dependent (child 18 and over or parent/grandparent under 55) $75,000: Additional dependent (sibling) | |
Taxa de processamento | $1,500 per applicant aged 18 or over | ||
Taxa de due diligence | $7,500 per applicant aged 17 or over | ||
Taxa de inscrição | $1,500 per applicant | ||
Taxa de entrevista | $1,000 per applicant aged 17 or over | ||
Custo estimado da naturalização para um requerente individual e uma família de quatro pessoas
Here is an example of the estimated Grenada citizenship cost through the cheapest investment route for a single applicant and a family of four, including government fees. The family example includes a primary applicant, spouse, and two children aged 7 and 17.
Costs | Single Applicant | Família de quatro pessoas | |
Investimento necessário | $235,000 | ||
Taxa de processamento | $1,500 | $4,000 | |
Taxa de due diligence | $7,500 | $22,500 | |
Taxa de inscrição | $1,500 | $6,000 | |
Taxa de entrevista | $1,000 | $4,500 | |
Total | $246,000 | $270,500 | |
Calculadora de Custos nas Caraíbas
Calcule o custo da cidadania caribenha para si e para a sua família, incluindo todas as taxas associadas
Grenada Citizenship by Investment Required Documents
The following list is an indication of the required documents to submit your Grenada citizenship by investment application. The Investment Migration Agency Grenada may request additional documents if necessary.
You must complete the following documents provided to you by Global Citizen Solutions:
- Client Facilitator Agreement
- Form 1: Personal data and information
- Form 2: Fingerprints (obtained in front of a licensed officer)
- Form 3: Particulars for the Office of Home Affairs
- Form 4: Medical certificate
- Form 5: Business, employment, wealth, and related information
- Form 6: Investment confirmation
- Thomson Reuters consent form (for Grenada CBI applicants older than 16)
- Purchase and sale documents in four copies (applicable for the real estate investment option)
- Escrow agreement and letter of engagement with a local agent (applicable for the NTF option)
- Passport Application Form
- Oath of Allegiance (for each family member aged 18 and over)
- Sworn Affidavit confirming names of dependent parents
Civil documents:
- Original full birth record or certified copy of birth certificate (two copies)
- Certified copy of proof of name change (if applicable)
- Certified color copy of current passport(s) showing name, photo, citizenship/nationality, date and place of issue, expiry date, valid passport number, issuing country
- Original passport-sized photos of each applicant taken within the last six months (12 needed). One photo must be certified by a lawyer.
- Marriage or divorce certificates, if applicable (two copies)
- National ID or social security color copies (for each applicant)
- Permanent residence ID or proof of permanent residence
- Copy of military service card (if applicable)
- Affidavit from spouse or former spouse relating to children (if applicable)
- Affidavit of support from dependents
- Education certificates and transcripts
Supporting documents:
- Proof of address – original documents (e.g., utility bill)
- Professional reference letter – original document
- Lawyer or notary practicing certificate (copy of license for lawyer/notary certifying your documents)
Additional documents:
- Payslips and/or salary letters
- CV
- Reference letter from main applicant’s banker – original document
- Personal bank statements from the last 12 months
- Police clearance and criminal record checks – original documents
Important note: This list is for reference purposes. Grenada’s Citizenship by Investment Committee (CBIC) may request additional documents if necessary.
Any documents not in English must be translated into English. They must also be certified and authenticated in accordance with the law of the jurisdiction from where they originate. Each document must be accompanied by its certified English translation.
Step-by-Step Citizenship Application Process
Potential applicants must submit their citizenship application to an Authorized Agent licensed by Investment Migration Agency (IMA) Grenada.
1
Contacte um agente autorizado
Contact an IMA licensed agent to submit your citizenship application.
2
Verificações iniciais de due diligence
Your Authorized Agent will perform preliminary due diligence checks to ensure a successful application.
3
Contrato com o cliente e pagamento do adiantamento
Confirme o acordo com o seu agente autorizado para a apresentação do seu pedido, efetuando um pagamento de adiantamento.
4
Reúna os documentos e preencha os formulários
Gather necessary documentation and complete all required forms.
5
Envie a sua candidatura
O seu agente autorizado irá apresentar o seu pedido em seu nome*.
6
Verificações de due diligence
IMA will process your application and carry out thorough background checks.
7
Comparecer à entrevista de cidadania
The main applicant and dependents over 17 must attend a virtual interview with IMA-approved professionals.
8
Obter aprovação preliminar
Successful applicants will receive an approval letter from the IMA within seven months stating their application has received pre-approval.
9
Faça o seu investimento
Once you have received your government approval letter, you must make your qualifying investment, pay the government administration fees, and send proof to IMA.
10
Obter a aprovação dos cidadãos
You and your family will be granted citizenship by IMA.
11
Levantar o Certificado de Registo
IMA will issue your Certificate of Registration, which must be collected in person either in the country or at an approved Consulate or Embassy.
12
Obteve a cidadania plena
You are now a fully registered Grenadian citizen and can retrieve your citizenship certificate and Grenadian passport.
Grenada’s Official Citizenship by Investment Unit (Investment Migration Agency Grenada) only accepts citizenship applications submitted by licensed Caribbean immigration services (Authorized Agents).
Cronologia da cidadania
The process of obtaining Grenada citizenship by investment takes about nine months, from submitting the complete application to issuing citizenship certificates.
Month one (preparation)
- Escolha o investimento elegível
- Escolha um agente autorizado
- Prepare the required documents and submit to IMA
Months two to six (processing)
- IMA outsources background checks
- Conclua a entrevista virtual
- Faça o investimento necessário
Month nine (Approval)
- Pay the passport fee and obtain a Certificate of Registration
- Obtain a Grenada second passport
Why choose Grenada CBI?
- Grenada’s citizenship program is respected worldwide, demonstrated by the government’s expanding diplomatic ties.
- New citizens and residents enjoy unspoiled beauty and life on a safe tropical island.
- Grenada passport holders can travel to 148 countries visa free, including the UK, EU countries, China, Russia, and Saudi Arabia.
- Successful applicants gain lifetime citizenship for themselves and their families.
- Grenada is the only Caribbean country allowing successful applicants to apply for a US E2 visa.
- O programa não tem entrevista presencial entrevista para cidadania caribenha nem exames de língua.
- Visiting Grenada is not required to obtain a Grenadian passport, and it can also be renewed abroad.
- Investors considering relocating to Grenada can purchase an entire property as a qualifying investment.
- Grenada has no personal income tax on worldwide income, wealth, capital gains, or inheritance tax.
CBI Compliance and Monitoring in Grenada
The Grenada Citizenship by Investment Act defines the citizenship program’s investment routes, investment thresholds, application processes, due diligence procedures, and applicant requirements before and after obtaining citizenship.
Os requisitos essenciais incluem:
- Montantes mínimos de investimento
- Procedimentos de due diligence
- Taxas de inscrição
- Processo de candidatura e calendário
- Motivos para a recusa, revogação e renúncia à cidadania
- Direitos e responsabilidades dos novos cidadãos
Lei da dupla nacionalidade
Grenada recognizes dual citizenship, allowing successful applicants to hold two citizenships or more without the requirement to renounce Grenadian citizenship. Citizenship in Grenada includes parity in rights and privileges for citizens with or without multiple citizenships, such as the right to vote, access social services, and maintain citizenship status and a Grenada passport.
Revogação da cidadania
The Government of Grenada has the authority to cancel citizenship obtained through investment if it discovers any dishonesty or breaches of its rules.
Principais alterações ao programa
March 2019: Broadened dependent eligibility, including grandparents and siblings.
April 2019: Minimum joint real estate investment reduced to $220,000 from $350,000.
September 2023: Mandatory citizenship interview requirement introduced for prospective investors and dependents 17 and over.
March 2024: Signed the Caribbean Memorandum of Understanding (MoU).
March 2024: Replaced Grenada Citizenship by Investment Unit with Investment Migration Agency Grenada.
June 2024: Raised the investment minimum contribution from $150,000 to $235,000 per the MoU.
Pros and Cons of Grenada Citizenship by Investment
Prós
Fast application process: It takes about nine months to receive citizenship and a Caribbean passport.
US E2 Visa: Successful applicants can apply for the US E2 Visa Program.
Investment after pre-approval: Investors are only required to make the Caribbean investment once their application has been approved in principle.
Contras
Limited investments: Grenada only provides two investment opportunities.
Extreme weather: The region is vulnerable to hurricanes and natural disasters.
Grenada CBI vs other Caribbean Programs
The Grenadian CBI program is one of five Caribbean second citizenship programs.
- Dominica: The cheapest economic citizenship for a solo investor.
- Antigua and Barbuda: The most affordable Caribbean citizenship program for large families.
- Grenada: The only Caribbean nation offering eligibility for the US E2 Visa Program
- St Kitts and Nevis: The fasted citizenship timeline and most powerful Caribbean passport.
- St Lucia: The only fully guaranteed investment route.
Other Ways to get Grenada Citizenship
Besides Grenada citizenship by investment, foreign nationals can obtain citizenship in Grenada through the following methods.
- Being born in Grenada
- Having at least one Grenadian parent
- Marriage to a Grenada citizen
- Living in Grenada for at least seven years
Grenada Passport Power Ranking
The Grenada passport is a powerful Caribbean passport that facilitates visa free access to 148 countries worldwide. The passport ranks 71st on the Global Passport Index, and destinations passport holders can travel to without a visa include the UK, Ireland, China, Russia, Saudi Arabia, Singapore, and EU countries. Grenada citizens also qualify to apply for a US E2 Visa.
Por que trabalhar com a Global Citizen Solutions?
- Abordagem global por especialistas locais. Somos membros corporativos do Investment Migration Council, com experiência local em todos os cinco programas de CBI das Caraíbas.
- Taxa de aprovação de 100%. Nunca tivemos um caso rejeitado e oferecemos-lhe uma avaliação inicial gratuita de due diligence antes de assinar qualquer contrato.
- Serviço independente e total transparência. Apresentaremos todas as opções de investimento disponíveis e todas as despesas serão discutidas antecipadamente, sem taxas ocultas.
- Uma solução abrangente. Uma equipa multidisciplinar de advogados especializados em imigração, especialistas em investimentos e peritos fiscais terá em consideração todas as suas necessidades e as da sua família em termos de mobilidade, fiscalidade e estilo de vida.
- Serviço confidencial e gestão segura de dados. Todos os dados privados são armazenados numa base de dados em conformidade com o RGPD, num servidor seguro com encriptação SSL.
- Agente de Marketing Internacional Autorizado. A Global Citizen Solutions está licenciada pelo governo de Antígua e Barbuda para promover o programa CBI do país e atuar como Agente de Marketing Internacional do CIP para Antígua e Barbuda.
Entre em contacto com um especialista em cidadania caribenha por investimento
Frequently Asked Questions about Grenada Citizenship by Investment
The cost of the Grenada CBI program starts with a minimum donation of $235,000 for a single applicant or a family of up to four. Applicants must also pay application fees, due diligence fees, and processing fees.
The Grenada Citizenship by Investment Program is governed by the Citizenship by Investment Act of 2013 and is designed to encourage foreign investment in the country by granting citizenship to foreign nationals who invest in the country’s economy. To acquire Grenada citizenship, investors choose one of two investment options: A non-refundable contribution to the National Transformation Fund or a government-approved real estate purchase.
There are many benefits to investing in Caribbean through Grenada’s citizenship program and obtaining Grenadian citizenship, such as visa free travel to over 140 countries, tax optimization, a plan B, and the opportunity to apply for the US E-2 Visa. Additionally, Grenada permits dual citizenship, meaning you and your family members can retain your original nationality.
To qualify for the Grenada citizenship program, you must be at least 18, demonstrate a clean criminal record, and have the means to fulfill the necessary investment, which starts at $235,000.
The entire process to obtain Grenada Citizenship by Investment Program takes about nine months. This means that in just a few short months, successful applicants can obtain Grenada citizenship (and hold dual citizenship, as you can keep your existing nationality) and become a Grenada passport holder.
You can’t buy Grenada citizenship, but you can you donate to Grenada’s National Transformation Fund and obtain citizenship. Alternatively, you can qualify, by investing in pre-approved real estate.
The average Grenada citizenship processing time is nine months, provided applicants fulfill the investment required and due diligence process.
imagrenada.gd is the Grenada citizenship by investment official website for Investment Migration Agency Grenada (IMA), the government authority responsible for releasing official information and overseeing the country’s program.
Grenada offers one of the best CBI programs for investors seeking a powerful passport; however, whether or not it’s worth it depends on your personal circumstances and goals. The country’s passport provides visa free travel to strategic destinations, including Schengen countries, the UK, China, Russia, and Saudi Arabia. The application process to secure citizenship is relatively straightforward, taking as little as nine months. Residents also benefit from no tax on foreign income.
Obtaining citizenship by donation in Grenada through the Grenada citizenship by investment program, also called the Grenada Investor Visa Program, requires submitting an application through an Authorized Agent licensed by Investment Migration Agency (IMA) Grenada. After investors complete the due diligence process and have had their application approved, they can make the required donation to a designated CBI escrow account in Grenada.