The program allows foreign nationals (and eligible family members) to obtain full citizenship — including the passport — in return for making a substantial investment in Grenada.
Importantly, there is no requirement to reside in Grenada before or after citizenship is granted. Also, there is no obligation for language proficiency, certain education levels, or business experience (unless applying under some specific investment route) in most cases.
Here are the main eligibility requirements:
Processing time is generally 3 to 4 months for many cases, assuming documentation is in order.
You must choose one of two main investment routes. Below are the current (or very recent) thresholds and fees. There are also additional fees for processing, due diligence, etc.
|
Donation (to the National Transformation Fund, “NTF”)
|
USD 235,000 for an individual or family of up to 4 persons. Additional dependents cost extra (e.g. +USD 25,000 for some dependents).
|
|
Real Estate Investment
|
Purchase approved real estate: minimum USD 270,000 plus a government contribution (often ~USD 50,000) for the same family size (up to 4). You must hold the real estate for at least 5 years if you want to resell it as a qualifying investment.
|
Other fees:
If you qualify and the investment is accepted, here are the major advantages:
Attractive tax environment: many services note no or low taxes on foreign-source income, limited capital gains/inheritance tax exposure etc.
Here are a few typical use cases to illustrate how people might use the Grenada CBI:
Usually 3-4 months from submission to approval if all documents are in order. Sometimes it might take a bit longer depending on complexity or dependents.
Yes. Spouse and dependent children are included. Also parents, grandparents, siblings may be included under certain conditions (for example siblings over 18, unmarried, no children).
No. There is no physical residency requirement before or after citizenship is granted.
Generally no. There is no requirement for education level, business/entrepreneurial experience, or English language skills.
Under the real estate route, if the property is sold before the required holding period (usually 5 years) then it might not qualify or you may lose eligibility / have to refund or compensate depending on programme rules.
Grenada is often reported to have favorable tax treatment: no tax on foreign‐source income, inheritance or capital gains might be limited or exempt (depending on circumstances). But you should verify for your own home country and situation.