International Association for Economic Development

Grenada - Citizenship by Investment


The Grenada Citizenship by Investment program launched by the government in 2013 under the Citizenship by Investment Act 15 of 2013 to attract foreign direct investment and benefits for residents of Grenada, Carriacou and Petit-Martinique.

Grenada is an island nation with exotic topography, breathtaking beaches and a year- round temperate climate.

The State of Grenada consists of the three islands of Grenada, Carriacou and Petit Martinique, which form the southern tip of the Leeward Islands.

Grenada Citizenship


Grenada Citizenship by Investment (CBI) remains one of the most popular passport schemes in the world for pricing and passport benefits. Grenada Citizenship by Investment is positioned as the gold standard in the industry.

Grenada is also the only country in the Caribbean to offer both a Citizenship by Investment program and the option of applying for permanent residence and a tax residence number at the same time.

Obtaining Grenadian citizenship in exchange for investment grants the right to live and work in Grenada at all times, the right to vote in elections and all rights associated with membership of the Caribbean Community (CARICOM).

Grenada passport holders can now travel visa-free to 180 countries around the world, including the UK and Schengen Area Europe, Russia, Brazil and China. It also offers citizens the opportunity to apply for an E-2 investment visa in the US.

Program benefits:

  • No interviews, language tests, education or military service.
  • You don't need to visit Grenada before or after obtaining citizenship.
  • You don't need to reside in Grenada before or after citizenship is granted.
  • The application process is completely confidential.
  • No disclosure or exchange of information with other governments or bodies.
  • Dual citizenship status for family members
  • Free travel around the world.
  • Grenada is one of the few countries in the world to have visa waiver agreements with China, Russia, Schengen Area Europe and the UK in one passport.
  • Tax resident number.


Grenada was ranked first for the Citizenship by Investment program in the CBI World in Best Citizenships study in 2020 The study looked at more than 30 factors to assess the best citizenship by investment program from the perspective of clients.

Donation to the country fund

1 person
$150 000

Family of up to 4 people
$200 000

Additional dependants
$25 000

Application fee
$3 000/person

Due diligence
$5 000/person

Real estate investment

Minimum investment
$220 000 (jointly)

State fee
$50 000 (up to 4 persons)

Application fee
$5 000/person

Due diligence fee

Additional costs

Tax resident number

Processing period

2 - 4 months

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