# Grenada

Source: https://www.savoryandpartners.com/programs/citizenship-by-investment/grenada · Updated: 2026-09-24

Obtain Grenada citizenship by investment. Contact Savory & Partners Expert now to learn more about Grenada citizenship by investment program.

## Grenada Citizenship by Investment Requirements

Launched in August 2013, the Grenada Citizenship by Investment program is one of the newer Caribbean programs. The mission of the Citizenship by Investment program is to strengthen the country by creating economic growth through foreign investments.

As an applicant, you must be at least 18 years of age, of good character, and without a criminal record.

Additionally, you are required to make a non-refundable donation to the National Transformation Fund or make an investment in government-approved real estate projects.

## Main Applicant Requirements

- 18+ years of age
- Good health
- No criminal record
- Successfully pass due diligence checks
- Receive approval by the government
- Confirmed investment sources

## Eligible Dependents

- Spouse of the main applicant
- Children (biological or adopted) under 30 years of age
- Dependent parents and grandparents
- Unmarried Siblings over 18 years and below 30 years of age

## Grenada Citizenship by Investment Benefits

## Global Mobility

Grenada citizenship can support international mobility. Entry rules remain destination-specific and can change.

## E-2 Investor Visa

The Grenada program is the only one of the Caribbean citizenship by investment programs that offers an opportunity to obtain an E-2 Investor visa in the United States of America.

## Straightforward Process

Designed to be a smooth and straightforward process with a timeframe of 6+ months to your new citizenship.

## Tax Relief

Grenada imposes minimal taxation, with an exception of no taxation on wealth, gift, inheritance, foreign income, or capital gains.

## Minimal Residency Required

There are no residency requirements – you are eligible to apply immediately.

## Dual Citizenship Permitted

There is no need to renounce your current citizenship(s), and your home authorities are not notified of your new citizenship.

## Legal Basis in Grenada

The Citizenship by Investment (CBI) program is protected by Grenada’s legislation, namely the ‘Citizenship by Investment Act 15, 2013’. This law is documented and published and forms part of the laws of Grenada as framed and approved by the national parliament. It stipulates that any person can apply for naturalisation and may be eligible for Citizenship on payment of fees if the government is satisfied that such person has invested substantially in Grenada.

The act allows for investment to be made in either one of two ways:

The first is by making a contribution to the National Transformation Fund, which assists the development of Grenada’s resources, with the aim of benefiting Grenadians.
The other option is an investment in a government-approved real estate project, which comes into being after being reviewed and recommended by the committee to the government Minister in charge.

## Costs of Grenada Citizenship by Investment

There are two options of qualifying contribution for the Grenada Citizenship-by-Investment Program:

## 1) Donation - National Transformation Fund (NTF)

Cash donation to the National Transformation Fund (NTF), Government Escrow Account.

| Item | Amount |
| --- | --- |
| An applicant with up to 3 dependents | $235,000 |
| Each additional qualified dependent below the age of 18 | $25,000 |
| Each additional qualified dependent above the age of 18 | $50,000 |
| Qualified sibling | $75,000 |

## 2) Real Estate Investment

Investment in real estate through one of the government approved real estate asset classes: freehold property with title deed; hotel shares; fractional ownership or land. The investment is subject to a minimum holding period of five (5) years.

| Item | Amount |
| --- | --- |
| Minimum investment amount | $270,000 |

## Government Fees

In addition to the purchase of real estate, there are government fees to be paid:

| Item | Amount |
| --- | --- |
| Main applicant with up to 3 qualifying dependents | $50,000 |
| Each additional qualified dependent below the age of 18 | $25,000 |
| Each additional qualified dependent above the age of 18 | $50,000 |
| Qualified sibling | $75,000 |

## Application and Processing Fees

In addition, there are extra costs associated with both options.

| Item | Amount |
| --- | --- |
| Processing fees per person AGED 17 AND ABOVE | $1,500 |
| PROCESSING FEES FOR DEPENDENTS AGED 16 AND BELOW | $500 |
| Processing fees for dependents aged 17 years or above | $1,500 |
| Application fees per person | $1,500 |

## Due Diligence & Background Checks

There are compulsory background checks payable to the government preferred due diligence agency that will use Interpol, World-Check and other government agencies to screen applicants based on their application.

| Item | Amount |
| --- | --- |
| Due Diligence per person aged 17 and over | $5,000 |

## Mandatory Interview

An independent professional firm, commissioned by the CIU, conducts an interview with applicants and dependents over the age of 17, either virtually or in person. The Interview must be attended by: • Every main applicant in process • A dependent of a main applicant in process aged 17 years or over, if deemed necessary

| Item | Amount |
| --- | --- |
| Interview fee per person 17 and over | $1,000 |

## Application Process For Grenada Citizenship by Investment

The expected timeframe for the application process is 6 months. The first stage of the document collection can differ in length depending on the applicant’s ability to gather the documents. Our team guides this process with samples and best practice advice.

The reviewal stage is subject to the respective government schedule and can be impacted by factors which we, as authorised agents have no control over. Savory and Partners collaborates with the government throughout the entire process, and we aim to provide the quickest and smoothest experience for the applicant.

1. Savory & Partners will pre-screen your passport copy for government pre-approval. A down payment of the professional fees is required to open your application. The response is in 24-48 hours.
2. Savory & Partners' professional team will assist and advise you with the collection of the documents required according to the government checklist.
3. Once your application is submitted, you're required to pay due diligence fees, investment, government fees into the authorised escrow account.
4. Due diligence report is issued to the government, who will then make a decision. In case of rejection, the client will be refunded accordingly.
5. The balance of professional fees is paid. The citizenship certificate and passport are issued in your name.

## Application Process

6 months

## Client Success Stories

### Applying Through Unauthorized Agents

**The Challenge**

Our client, a Lebanese national living between Lebanon and Nigeria, had high hopes for an Antigua passport to expand his travel freedom. But things didn’t go as planned. He had applied through an unauthorized agent, and the process hit a major roadblock.

The Antigua Citizenship by Investment Unit flagged issues with his application and sent him an "intention to deny" letter. This meant there was something wrong, and unless it was fixed, his application would be rejected. Even worse, a rejection would stop him from applying for any other Caribbean citizenship unless he withdrew this application first.

**Our Solution**

When the client reached out to us, we immediately got to work. It didn’t take long to uncover the problem: his 28-year-old son, included in the application as a dependent, didn’t meet the eligibility criteria. The required documents to prove the son’s financial dependency were missing.

After withdrawing the Antigua application, we recommended a better route: applying for a St. Kitts and Nevis passport instead. This program not only aligned with the client’s needs but also offered flexibility in including dependents, provided their eligibility was properly documented.

We recommended the Sustainable Island State Contribution (SISC) option for its speed and simplicity. Under this option, the client would make a non-refundable contribution to the government fund, ensuring a streamlined approval process.

Our team meticulously prepared the application, ensuring it met all requirements. Key steps included:

- **Documenting dependency**: We gathered proof of the son’s financial dependency, including university enrolment letters, tuition payment receipts, and bank statements showing regular transfers from the client.
- **Due diligence compliance**: We ensured all family members met the program’s rigorous background checks by compiling detailed records and working closely with our compliance team.

Every document was double-checked to make sure the application was solid.

**The Result**

With everything in order, the application was approved. The client and his son are now proud holders of St. Kitts and Nevis passports.

This passport opens up visa-free travel to more than 150 countries, including the UK, the EU, and Hong Kong. For the client, it means hassle-free travel for business and leisure. For his son, it unlocks world-class education and new career opportunities.

_Why Choose St. Kitts and Nevis Citizenship?_

Securing Caribbean citizenship through a trusted and authorized agent is essential for ensuring the success of your application. Here is what you get:

1. Visa-free travel to over 150 countries, including the UK and EU
1. Fast processing with secure and approved pathways
1. A reliable citizenship-by-investment option with full legal support
1. Eligibility to extend benefits to your family members, including children and parents

## Download brochure

- Length: 4 pages
- Language: English & Arabic
- size: 1 mb

**Content**
- Grenada Country profile
- Benefits of the program
- Investment requirements
- Investment process

## About Grenada

- CAPITAL: St. George’s
- TOTAL AREA: 344 km²
- POPULATION: 117,200
- LANGUAGE(S): English
- CURRENCY: East Caribbean Dollars (XCD)
- EXCHANGE RATE: 1 USD = 2.70 XCD
- GDP – PER CAPITA (2025): $12,590
- GDP – TOTAL (2025): $1.46 billion

### About Grenada

More commonly known as the “Spice Isle”, Grenada offers beautiful unspoilt beaches, diving, sailing, hiking and so much more. The island welcomes all potential individuals, businessmen and families of the highest calibre to come and experience the high-end lifestyle and natural beauty that the has on offer.

Country Background:

- This peaceful and welcoming nation in the south-eastern Caribbean Sea comprises of a handful of islands. Famed for its tropical scenery, dramatic waterfalls and stunning beaches, this small archipelago is one of the world’s most exclusive tourist destinations and considered home by many expatriate professionals and second passport holders.
- Grenada is a politically stable country with the Prime Minister as the leader of the government. The island has excellent financial regulations and is home to a number of Canadian banks.
- Tourism is the biggest earner and it, directly and indirectly, supports much of the country’s 100,000+ population. Grenada is the world’s second-largest producer of nutmeg.
- The island is 12 degrees North of the Equator and, unlike many tropical locations, it is outside the hurricane belt.
- The islands have a tropical sunny climate with an average year-round temperature of 28°c. Although the climate is warm all year round, the island experiences some seasonal changes depending on altitude.
- The island has an excellent infrastructure with modern roads and highways, reliable electricity and water supplies in addition to a state-of-the-art communications network.
- The country is a member of the British Commonwealth and the United Nations.
- The legal system is well-respected and based on English law.
- The islands are easily reachable to visitors with direct flights from Toronto, New York, London, Miami and many other cities across the world.

### Where is Grenada?

Grenada is an island country located between the Caribbean Sea and Atlantic Ocean, north of Trinidad and Tobago.
