Grenada: all programs

Grenada in brief

Grenada is an independent island state in the southern Caribbean, north of Trinidad and Venezuela. The country consists of Grenada, Carriacou and Petite Martinique, with a population of about 125,000, and the capital is St. George's. Grenada became independent from the UK in 1974 and is a member of the Commonwealth, the Organisation of Eastern Caribbean States and the Caribbean Community. It is called the Spice Isle: nutmeg, cocoa and cinnamon are grown here, and the main industries are tourism, a medical university and agriculture. The language is English, and the currency the East Caribbean dollar, firmly pegged at 2.70 to the US dollar.

Citizenship by investment

On top come fees for filing, due diligence, interview, passport and oath, so a single applicant on the fund option pays about $245,000 in government payments. Applications are filed only through licensed agents, and it takes 8-12 months from the first conversation to the passport. The passport gives visa-free or visa-on-arrival access to 147 countries, including the Schengen area, the UK and China. Dual citizenship is allowed. More on the page about Grenadian citizenship.

Rules for specific nationalities

Since 31 March 2023 Grenada has not accepted applications from citizens of Russia and Belarus, without exceptions, even if the applicant holds another country's passport. Citizens of North Korea are not accepted either, and citizens of Iran, Afghanistan, Sudan and Yemen face special conditions: having left the country before 18 or long residence elsewhere, and no economic ties with the home country. Russian citizens who need a second passport can use other countries' programmes, for example Paraguay or Argentina.

The US investor visa

Grenada is the only Caribbean country with a citizenship by investment programme that has a treaty with the US for the investor visa. But since 23 December 2022 anyone who obtained citizenship through investment must prove continuous residence in Grenada for at least three years before applying for this visa. The visa itself does not lead to a green card, requires a real business in the US, and children lose status at 21.

Taxes

Citizenship alone does not make you a tax resident: that requires spending more than 183 days a year in Grenada. The system is territorial: residents pay tax only on Grenadian-source income, and foreign income is not taxed. Income tax is 0% on the first 36,000 East Caribbean dollars, 10% on the next 24,000 and 28% above 60,000. Corporate tax is 28% and VAT 15%. There are no capital gains or inheritance taxes.

What is changing on presence

In 2026 there is no requirement to live in Grenada after receiving the passport. But the regional regulator of Eastern Caribbean citizenship programmes has announced a standard: at least 30 days on the island in the first 5 years after citizenship, including at least 5 days in the first 12 months. Grenada has prepared a law whose entry into force has been postponed until the regulator is launched, so plans should allow for this requirement.

Who Grenada suits

Grenada suits families who need a backup passport with visa-free access to Schengen, the UK and China, and entrepreneurs ready to live on the island for 3 years for the US investor visa. Write in the chat: we check whether the programme is open to your citizenship and calculate the full cost for your family.