Grenada

Citizenship by Investment Program
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Grenada is known for its stunning white-sand beaches and the picturesque Grand Anse Beach, a favorite spot for sunbathing and water sports.

The very popular Grenada Citizenship by Investment Program was launched in 2013 under the regulations of the Grenada Citizenship by Investment Act. The program was designed to strengthen the country by creating economic growth through foreign investments. All applicants must be at least 18 years of age, of good character and without a criminal record. Applicants and their dependents are not required to live in Grenada to obtain citizenship, nor required to renounce original nationality. Citizens have of course the right to live in Grenada, or in the other islands in the CARICOM region. They also have the right of free movement to China, Russia, Singapore, the UK, and Europe’s Schengen Area, among many others.

29th

Passport Ranking

145+

Visa-free countries

5-6 months

Time to citizenship

$235,000

Starting investment

Benefits

01

Travel Mobility

Visa-Free access to 145+ countries including the UK and Schengen States

02

Tax Benefits
No capital gain or income taxes. No restriction on profit repatriation

03

Fast-track Application

Obtain second passport in 5-6 months

04

E-2 US Visa

Eligibility for USA E-2 Visa to start a business and live in the US, with eligibility for citizenship after 5 years

05
Entire Family Eligibility

Spouse, children, siblings and parents can be included

06
Future Security
Future generations of your family will continue to benefit from their Grenada citizenship
07
Dual Citizenship
You do not need to denounce your current citizenship
08
Stable Economy
Grenada’s currency is pegged to the US Dollar

Citizenship Programme

Contribution to National Transformation Fund (NTF):

  • For a single applicant: US $235,000
  • For a main applicant with up to 3 dependents: US $235,000
  • For additional dependents below 18: US $25,000
  • For additional dependents above 18: US $50,000
  • For sibling ( unmarried and financially dependent): US $75,000

Real Estate Investment

  • Purchase of a unit in an Approved Project: $270,000.00 (for each share in the unit) under the following conditions:
  • (a) in the Tourism Accommodation priority sector;
  • (b) by two or more individuals; and
  • (c) valued at a total minimum of USD 440,000

    For a family of up to 4: Minimum investment of US $270,000 + government contribution of US $50,000. 

    For additional dependents under 18: US $25,000. 

    For additional dependents above 18: US $50,000. 

Grenada National Resort Brochure

Steps and Procedures

Month 1

Step 1

Client chooses either investment or donation option. Client signs the KB Group contract, and pays initial retainer.

Step 2

KB Group assists the client to gather all required documentation, and to complete the various application forms for submission to the Bank.

Step 3

Second payment is made, and file is submitted.

Month 2-5

Step 4

Submission of application to IMA (Investment Migration Agency Grenada)

Step 5

Issuance of Approval Letter by the IMA. Third payment is required immediately at this stage.  

Month 5-6

Step 6

Naturalization certificate is issued.

Step 7

KB Group receives client passport(s). Passport can be either picked up from KB Group office or delivered to clients home address, (locally or internationally).

Have questions?

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