Grenada is one of the most attractive Caribbean countries for obtaining a second citizenship through investment - its citizenship program combines a relatively affordable entry threshold (from $235,000), the possibility of obtaining an E-2 business visa to the United States, and visa-free travel to more than 150 countries. The entire procedure takes about 4–6 months, and there is no requirement to reside in Grenada before or after obtaining citizenship.
Grenada’s Citizenship by Investment Program was established in 2013 and is regulated by the Citizenship by Investment Act, CAP. 54. The program is managed by the Citizenship by Investment Unit (CIU) of Grenada, which ensures transparency and compliance with international due diligence standards. The main goal of the program is to attract foreign capital for the country’s development, especially in tourism, infrastructure, and agriculture.
The applicant and their family can obtain Grenadian citizenship by making one of two types of investments: a non-refundable contribution to the National Transformation Fund (NTF) or by investing in government-approved real estate.
The legal basis for Grenada’s Citizenship by Investment Program is the Citizenship by Investment Act, CAP. 54 of 2013 and the related regulations. The program allows foreigners and their families to obtain citizenship in exchange for a significant contribution to the country’s economy.
Applicants must meet the following main requirements:
– Be at least 18 years old;
– Have no criminal record;
– Confirm the legal source of investment funds;
– Pass due diligence verification by international and local agencies;
– Not be on international sanctions lists or wanted lists.
The application must be submitted exclusively through an authorized agent licensed by the Grenadian government. Direct applications to the CIU are not accepted.
Investment Options for Obtaining Citizenship of Grenada:
1. Non-Refundable Contribution to the National Transformation Fund (NTF)
This is the most straightforward and popular option. The investor makes a non-refundable donation to the National Transformation Fund.
– Minimum contribution for a single applicant: $235,000;
– For a family of up to four: $235,000;
– For each additional dependent: $25,000.
The contribution is used for the economic and social development of Grenada — education, infrastructure, healthcare, and tourism.
2. Real Estate Investment
An investor can purchase real estate in an approved government project
— usually a resort, hotel, or tourist complex.
– Minimum investment amount: $270,000;
– Ownership must be maintained for at least 5 years;
– After this period, the property can be sold without loss of citizenship.
This option is attractive for investors who want to combine citizenship with a tangible asset and potential returns from resort rentals.