Grenada is a Caribbean island nation with a warm tropical climate, mild rainfall, and moderate temperatures. Its citizens are called Grenadians. On February 7th, 1974, Grenada became the first of the Windward and Leeward Islands to gain sovereignty.
Grenada’s unspoiled landscapes and vibrant culture make it an attractive destination for those considering Citizenship by Investment. It offers unspoiled landscapes that cater to a variety of interests. Whether you are an adventure enthusiast, a beach lover, or a couple seeking a romantic getaway, this island has something for you. Despite its small size, the island offers a range of activities. You can swim in crystal-clear waters and trek through lush rainforests—all in one day. Grenadians are some of the friendliest people in the Caribbean, known for their vibrant culture and hospitality.
Grenada Citizenship by Investment Act, 2013: Key Legislation
The Grenadian Parliament passed Act No. 15 in 2013, known as the “Grenada Citizenship by Investment Act, 2013.” This legislation aims to “enable persons to acquire permanent residence and citizenship of Grenada by registration following investment in Grenada.
Quick Facts
Population
>120,000
Capital
St. Georges
Currency
East Caribbean
Dollars/US Dollars
Total Area
344km2
Visa Free Countries
138
Language
English
Investment Options & Other Fees*
Grenada offers a range of options for its citizenship by investment program. While the investment required is higher than other Caribbean islands, the benefits of a citizenship can be manifold for investors. Our advisors will gladly provide you with guidance to help you choose the right investment option for you and your family.
Option 1
National Transformation Fund $150,000+
Contributing to the National Transformation Fund is the cheapest option to obtain a Grenada passport. The contribution is non-refundable.
Single Investor
Married Couple
Family Up to 4
Family of 5 or more
Fund Contribution (Payable upon grant of approval in principle)
$150,000
$200,000
$200,000
$200,000
+$25 000 for each additional dependent
Processing Fees (Payable upon grant of approval in principle)
$1,500
$3,000
$1,500 per applicant over 17 years old
$500 per applicant under 17 years
$1,500 per applicant over 17 years old
$500 per applicant under 17 years
Due Diligence Fees (Payable on submission of application)
$5,000
$10,000
$5,000 per applicant over 17 years old
$5,000 per applicant over 17 years old
Option 2
Real Estate Investment $220,000+
For this option, an investor must purchase shares in a government-approved project. The investment increases to $350,000 if the investor wishes to purchase a different property that is not state-approved. The property may be resold after 5 years of receiving their citizenship for a return on the initial investment.
Single Investor
Married Couple
Family Up to 4
Family of 5 or more
Real Estate Investment (Payable upon grant of approval in principle)
$220,000
$220,000
$220,000
$220,000
Processing Fees (Payable upon grant of approval in principle)
$50,000
$50,000
$50,000
$50,000
+$25 000 for each additional dependent
Due Diligence Fees (Payable on submission of application)
$1,500
$3,000
$1,500 per applicant over 17 years old $500 per applicant under 17 years old
$1,500 per applicant over 17 years old $500 per applicant under 15 years old