A globally recognised citizenship programme with extensive travel access
Grenada is a sovereign island nation located in the Caribbean, renowned for its long-standing spice trade, a legacy that has earned it the nickname “The Spice Island.”
Beyond its commercial heritage, Grenada is admired for its pristine environment and diverse natural attractions. The island features powder-soft beaches, dense tropical rainforests, cascading waterfalls, historic fortifications, botanical gardens, and vibrant coral reefs. It is also home to the world’s first underwater sculpture park, a unique blend of art and marine conservation.
From an investment perspective, Grenada benefits from political stability, a reliable currency, and a well-established tourism sector, all of which contribute to a resilient and investor-friendly economy.
Introduced in August 2013, Grenada’s Citizenship by Investment Programme was designed to support national development by encouraging foreign direct investment.
The programme appeals to investors seeking enhanced global mobility, long-term security, and expanded opportunities for their families through second citizenship. With a minimum investment starting from USD 235,000, successful applicants gain access to a Grenadian passport and its associated advantages.
Citizens enjoy visa-free travel to over 140 countries and territories, including the Schengen Area, the United Kingdom, Hong Kong, and many others, making Grenada a strong option for internationally active individuals.
Applicants may qualify through a one-time, non-refundable contribution to the National Transformation Fund (NTF). Created alongside the programme’s launch, the NTF supports economic development projects across Grenada.
The minimum contribution is USD 235,000 for a single applicant or a family of up to four members. Additional dependants incur supplementary fees of USD 25,000 or USD 50,000 per person, depending on their relationship to the main applicant. Adding a sibling requires an extra contribution of USD 75,000.
Government processing fees, due-diligence charges, and application costs apply separately. All contributions and government fees are payable only after the application receives approval.
Alternatively, applicants may invest in approved real estate developments with a minimum property investment of USD 270,000. In addition, a mandatory non-refundable contribution of USD 50,000 is required.
Investors may sell their qualifying property after a required holding period, typically between three and seven years, depending on the project without jeopardising their citizenship status.
To qualify for Grenada’s Citizenship by Investment Programme, the main applicant must:
The programme allows several categories of dependants to be included alongside the main applicant, including:
No. Applicants are not required to reside in, travel to, or interview in Grenada at any point during or after the citizenship process. Citizenship can be maintained indefinitely without physical presence requirements.
Grenada offers a favourable tax environment. Individuals who are not classified as tax residents are not taxed on foreign-sourced income, capital gains, inheritance, or global wealth. Certain local taxes may apply depending on individual circumstances.
