Grenada Citizenship by Investment
Grenada's Citizenship by Investment Program is notable for being the only Caribbean citizenship program that qualifies holders for the US E-2 Investor Visa treaty, as Grenada is a treaty partner with the United States. Investment options include a non-refundable donation to the National Transformation Fund (starting at $150,000 for individuals) or an approved real estate purchase from $220,000. No residency requirement applies. The Grenadian passport offers visa-free or visa-on-arrival access to 148 destinations including the UK and Schengen area, plus the strategic E-2 treaty access.
Program Details
- Individual Cost
- $150,000
- Family of 4 Cost
- $200,000
- Processing Time
- 6 months
- Residency Required
- None; no physical presence required
- Due Diligence
- Enhanced
- Visa-Free Destinations
- 148
- Dual Citizenship
- Accepted
- Renunciation Required
- No
Cost Breakdown
| Item | Amount (USD) | Note |
|---|---|---|
| National Transformation Fund contribution — individual | $150,000 | Family of 4: $200,000 |
| Due diligence fees — main applicant | $5,000 | |
| Due diligence fees — spouse | $5,000 | |
| Processing fees | $1,500 | Per adult |
| Legal/agent fees (estimate) | $12,000 |
Nationality Restrictions
This program does not accept applications from nationals of: Standard CARICOM screening; sanctioned country nationals ineligible
Investment Routes
| Route | Amount (USD) | Lock-up (years) | Exit-Value Risk |
|---|---|---|---|
| Government Fund Donation | $235,000 | — | National Transformation Fund (NTF) contribution. Non-refundable. Single applicant: USD 235,000. Family of 4: USD 270,000. Note: previous fund amounts were lower (USD 150,000 single); current figures per cbi.gov.gd 2024. Source: cbi.gov.gd |
| Real Estate | $270,000 | 5 | CBI-approved real estate purchase. Minimum USD 270,000. 5-year holding period before resale to another CBI buyer is permitted. Grenada has a growing luxury tourism market; Grand Anse and True Blue Bay areas offer stronger liquidity than other Caribbean CBI markets. Only approved developments qualify. |
Realistic Total Timeline
4–8 months
End-to-end from application submission to passport issuance, based on recent reported timelines. Times assume a complete file; source- of-funds gaps or refusals can extend significantly.
Due Diligence
- Provider
- Grenada Citizenship by Investment Unit + approved external due-diligence providers
- Depth Level
- enhanced
Common Disqualifiers
- ⚠Nationals of sanctioned states (OFAC, UN, EU lists)
- ⚠Any criminal conviction or pending charge
- ⚠Source-of-funds documentation insufficient
- ⚠Prior CBI application refusal in any jurisdiction
- ⚠Adverse reputational or media findings
- ⚠Misrepresentation or omission of material information
Approved Agents
Applications must be submitted through a licensed agent approved by the programme authority.
Official approved-agents directory →Family Inclusion
- Siblings
- Not included
- Parents Min Age
- 65+
- Max Child Age
- 26
- Grandparents
- Not included
Spouse and dependent children under 18 included. Children 18–26 in full-time education eligible as dependants. Financially dependent parents/grandparents aged 65+ may be included with additional due-diligence and processing fees. No residency or visit requirement for citizenship maintenance. US E-2 treaty benefit extends to immediate family of the principal Grenadian citizen applicant.
Travel Benefits
- Visa-Free Destinations
- 148
- Schengen
- ✓
- UK
- ✓
- US E-2 Treaty
- ✓
- Canada eTA
- —
Post-Citizenship Tax Implications
Grenada has no income tax on foreign-source income, no capital gains tax, no wealth tax, and no inheritance tax. Tax residency in Grenada would only arise from physical presence (183+ days). Holding Grenadian citizenship while residing outside Grenada creates no Grenada tax obligation. Key strategic benefit: Grenada is one of only two Caribbean nations with an active US E-2 Investor Visa treaty (the other being Jamaica). A Grenadian citizen can apply to the US Embassy for an E-2 visa to invest and work in the United States — this does NOT confer US tax obligations by itself, but E-2 visa holders residing in the US are US tax residents. The E-2 route is particularly attractive for nationals of countries that do not have their own E-2 treaty with the US (e.g., China, India, Russia).
Recent Changes
NTF donation amount for single applicant revised upward to USD 235,000 from prior USD 150,000, aligning Grenada with broader Caribbean CBI pricing increases.
source →Grenada suspended processing of applications from Russian and Belarusian nationals following international sanctions pressure, consistent with other CARICOM CBI jurisdictions.
source →
Programme FAQs
How does the Grenada E-2 treaty benefit work in practice?
Sources: cbi.gov.gdtravel.state.gov
Does Grenada CBI citizenship lead to a US green card?
Sources: travel.state.gov
Is there a physical presence requirement for Grenada CBI citizenship?
Sources: cbi.gov.gd
Related Guides
Zero and low-tax residencies: the real list
Countries with zero personal income tax, territorial-only taxation, or special expatriate regimes — and what each one actually requires from you to qualify as a resident.
Exit tax: countries that charge you to leave
Country-by-country reference of departure taxes, deemed-disposition rules, and wealth-locking regimes that trigger when tax residency ends.