Grenada offers a Citizenship by Investment program through a National Transformation Fund donation, providing a second passport with global mobility. Naturalization is also possible after significant residency.
Citizenship Pathways
Citizenship by Investment (NTF)
Cost: ~$235,000 (NTF donation)
Timeline: 0.5 years
Presence Required: None required
Obtain Grenadian citizenship quickly through a non-refundable contribution to the National Transformation Fund. This program offers visa-free access to over 145 countries, including the Schengen Area and China, with no residency requirements.
Naturalization
Cost: ~$2,780 in fees
Timeline: 6.0 years
Presence Required: 12 months immediately preceding application and 5 out of 7 years prior
Standard naturalization pathway for individuals who have legally resided in Grenada for a significant period. Requires obtaining a residence permit first and demonstrating good character and intent to reside.
Step-by-Step Process
Citizenship by Investment (NTF)
: Submit application through authorized agent, pay due diligence fees.
— Month 1 — $7,500 (main applicant) + $5,000 (dependents over 16)
: Undergo due diligence checks by Grenadian government.
— Months 2-4 — Included in initial fees
: Receive approval in principle and make National Transformation Fund donation.
— Month 4-5 — $150,000 (single) / $200,000 (family of 4) + $25,000 (each additional dependent)
: Receive Certificate of Registration and apply for passport.
— Month 5-6 — $250 (passport fee) + $25 (processing fee)
Pros & Cons
Advantages
Visa-free access to 145+ countries including Schengen & China
No physical residency requirement for CBI
Fast processing (4-6 months) for CBI
E-2 Visa eligibility for US (CBI)
Favorable tax regime for non-residents
Challenges
High upfront cost for CBI (donation + fees)
Limited economic opportunities on the island
Due diligence process can be intrusive
Potential for political instability in the region
Requirements
Passport copy — Certified copy of current passport for all applicants.
Birth certificate — Certified copy for all applicants.
Police clearance certificate — From country of origin and any country of residence for 6+ months.
Source of funds declaration — Detailed explanation and evidence of legal source of investment funds.
Medical examination report — Completed by a licensed physician for all applicants.
Tax System
System: territorial
Grenada operates a territorial tax system. Residents are taxed on worldwide income, but non-residents are only taxed on Grenadian-sourced income. No inheritance, wealth, or capital gains tax.
Frequently Asked Questions
Can I include family members in my CBI application?
Yes, dependent children up to 30, parents/grandparents over 55, and unmarried siblings can be included.
Is an interview required for Grenada CBI?
Generally no, but the CBI Unit may request one if deemed necessary during due diligence.
Do I need to visit Grenada to get citizenship?
No, there is no mandatory visit or residency requirement for the CBI program.