Did you know that Grenada’s citizenship by investment (CBI) program is one of the top 4 sought-after programs in the world?¹

Grenada’s program offers a unique opportunity for investors to expand their global mobility and secure a better quality of life simultaneously. 

In this WorldPassports guide, our team of experts delve into everything you need to know to make informed personal and professional decisions about Grenada’s CBI program. 

So, are you ready to join us on this life-changing journey?

Read on to find out if you have what it takes to become a Grenadian citizen…

*Disclaimer: All amounts mentioned in this article were correct at the time of publication and might have shifted since.

What Are Citizenship by Investment Programs?

Citizenship by investment (CBI) programs allow individuals to obtain citizenship through financial investment in the host country.

What is Citizenship By Investment?

Citizenship By Investment (CBI) is a legal process that enables individuals to obtain citizenship in a foreign country by making a specified financial investment or contribution.

In return, applicants gain the rights and privileges associated with citizenship, including the ability to live, work, and travel in that country.

What is Grenada Citizenship By Investment?

Grenada Citizenship By Investment refers to the process of acquiring citizenship in Grenada through making a designated financial investment.

Grenada's CBI program may offer various investment options, such as contributions to the National Transformation Fund (NTF) or investments in government-approved real estate projects.

Successful completion of the investment requirements, along with meeting other program criteria, may result in the grant of Grenada citizenship. This allows investors to enjoy the benefits and rights associated with being a citizen of Grenada.

Prospective investors should carefully review the specific eligibility criteria, investment options, and other details of the CBI program before considering citizenship by investment in Grenada.

What Are the Advantages and Challenges of Grenada's Citizenship by Investment?

Grenada's citizenship by investment offers visa-free travel and potential tax benefits, though it requires a substantial financial commitment and thorough vetting.

What Are the Benefits of Citizenship by Investment in Grenada?

There are numerous unparalleled benefits associated with Grenada’s CBI program for savvy investors just like yourself. 

Here are some major benefits for you to consider: 

• Visa-free access to over 115 countries, including the UK, Schengen Area, and China.²
• A fast-track application process, typically taking just 3 to 4 months. 
• Favorable tax policies, including no wealth, gift, inheritance, or foreign income tax.
• Secure your family's future with citizenship for spouses, dependent children, and parents.
• Business opportunities in Grenada and across the Caribbean.
• Dual citizenship.
• A high quality of life and a range of biodiversity in one of the world's most idyllic island nations.

What Are the Limitations of Citizenship by Investment in Grenada?

Just as with any investment, it’s as important for investors to consider the limitations and drawbacks as it is to embrace the opportunities. 

Here are a few limitations our team of experts has compiled for you to consider: 

• The program requires a considerable financial investment.
• The available investment options are limited.
• A thorough due-diligence process is a necessary prerequisite for the program.
• Citizenship can be revoked if the applicant fails to maintain their investment or breaches any conditions.
• Citizenship may not provide immediate access to certain countries. 

Which Investment Types Qualify for Grenada Citizenship by Investment?

Exploring the various investment options for Grenada's citizenship by investment program is crucial for making an informed decision that aligns with your financial goals. 

Below, we'll delve into the 2 primary investment routes that qualify for Grenadian citizenship: National Transformation Fund (NTF) donations and approved real estate investments.

Take a look:

How Does Investing in the National Transformation Fund Qualify You for Grenada Citizenship?

This first investment route entails a non-refundable donation to the National Transformation Fund, which supports Grenada's economic growth and infrastructure development. 

The minimum donation amount is US$150,000 for a single applicant or US$200,000 for a family of up to 4 members.³ 

This investment should be made after receiving "approval in principle" from Grenada’s CIU. 

To provide proof of your donation, you'll need to submit a receipt or confirmation from the NTF during the application process.

What Are the Criteria for Approved Real Estate Investment in Grenada?

Alternatively, applicants can choose to invest in Grenada’s real estate market for citizenship.

The specific properties that qualify for citizenship must be in government-approved projects, which include luxury resorts, villas, or residential developments. 

The minimum investment amount required for this option is US$335,000, and the real estate must be held for at least 5 years. 

What's more

Similar to the NTF donation, this investment should be made after receiving "approval in principle" from the CIU. 

To provide proof of your real estate investment, you'll need to submit a purchase and sale agreement along with a receipt for the full investment amount.

What Are the Eligibility Requirements for Citizenship by Investment in Grenada?

Embarking on the journey towards Grenada citizenship by investment involves meeting specific eligibility criteria.

Let's dive into the major requirements you’ll need to meet to ensure you're prepared for this life-changing opportunity.

Our experts have compiled this handy list for you:

What Is the Minimum Real Estate Investment to Qualify for Grenada Citizenship?

The first and main eligibility requirement you should consider for Grenada’s CBI program is the minimum investment amount. 

As mentioned, Grenada's CBI program requires a minimum investment of US$150,000 for a single applicant or $200,000 for a family of up to 4 members, either through a donation to the National Transformation Fund (NTF) or an approved real estate project.

This substantial investment is essential for demonstrating your commitment to Grenada's economic growth and securing your family's future in this beautiful island nation.

It should be noted that Grenada’s real estate route requires a higher minimum investment amount to qualify for CBI. 

Is a Clean Criminal Record Mandatory for Grenada Citizenship by Investment?

Applicants must possess a clean criminal record, as Grenada values the safety and security of its citizens.

A thorough background check will be conducted, including Interpol and other international databases. 

Ensuring that prospective investors have no criminal history helps maintain Grenada's reputation as a safe and stable country for investors.

Are Health Requirements Specified for Grenada Citizenship Applicants?

To be eligible for Grenada's CBI program, applicants must also be in good health. 

This requirement protects the well-being of Grenadian citizens and reduces the potential strain on the country's healthcare system. 

During the application process, a medical examination, including tests for communicable diseases, will be required for all applicants. 

How Do Prior Denials or Sanctions Affect Your Grenada Citizenship Application?

Candidates who have received a visa-free entry refusal, sanction, or restriction from a nation may also be ineligible for Grenada's CBI program. 

This measure ensures that Grenada's international relationships remain strong and that its citizens can continue to enjoy visa-free travel worldwide.

What Proof of Financial Stability Is Needed for Grenada Citizenship?

Prospective investors must demonstrate their financial stability by proving they can support themselves and their families without relying on public funds. 

This may include providing bank statements, tax returns, and proof of employment or business ownership. 

By showcasing your financial stability, you'll ensure that your investment in Grenada remains secure and sustainable.

What Are the Family Inclusion Requirements for Grenada Citizenship?

Finally, Grenada's CBI program extends eligibility to the applicant's spouse, dependent children under 30, and dependent parents over 55. 

This inclusive policy allows your entire family to enjoy the benefits of Grenadian citizenship, providing them with a secure and prosperous future. 

What’s the Application Process for Citizenship by Investment in Grenada?

Navigating the application process for Grenada's citizenship by investment can seem complex, but it's quite manageable with the right guidance.

Here's how to proceed step by step:

Step 1: How Do You Choose an Authorized Agent for Grenada Citizenship?

You must choose an authorized agent who has a Grenadian government license in order to start the Grenada CBI application process.⁴ 

They’ll guide you through the entire process, ensuring all forms are completed correctly and submitted on time. 

Fees for authorized agents may vary, so consider discussing costs upfront.

Step 2: What Is Covered in the Preliminary Application Review for Grenada Citizenship?

Your authorized agent will then conduct a preliminary review of your application to ensure that you meet the eligibility requirements. 

This step helps identify any potential issues before submitting the official application, saving time and resources. 

Be prepared to provide necessary documentation, such as proof of identity, residence, and financial stability.

Step 3: How to Prepare and Submit Your Application for Grenada Citizenship?

Once the preliminary review is complete, your authorized agent will help you fill out the official Grenada application form (C1) and compile all required documents. 

These documents must be translated into English, if necessary, and notarized. 

The application and documents should be submitted to Grenada’s Citizenship by Investment Unit (CIU) along with the non-refundable processing fee of US$1,500 per applicant.⁵

Step 4: What Due Diligence Checks Are Required for Grenada Citizenship?

Upon receiving your application, the CIU will conduct thorough due diligence checks, including background and financial investigations.

This process ensures that only reputable applicants are granted citizenship. 

Step 5: What Does Receiving Approval in Principle Involve for Grenada Citizenship?

If your application passes the due diligence checks, you’ll receive an "approval in principle" from the CIU. 

At this stage, you'll be required to make your chosen investment and pay the relevant government fees.

Step 6: How Is Investment Confirmation Managed in Grenada Citizenship Applications?

Once your investment has been confirmed, the CIU will issue a certificate of registration, officially granting you Grenadian citizenship. 

This certificate serves as proof of your new status and allows you to proceed with obtaining your Grenadian passport.

Step 7: How and When to Apply for Your Grenadian Passport After Citizenship Approval?

With your certificate of registration in hand, you may now apply for your Grenadian passport. 

You'll need to submit a passport application form (P1) along with relevant documentation, including proof of identity, residence, and citizenship, as well as 2 passport-sized photos. 

Upon approval, you'll receive your passport, marking the completion of your Grenadian citizenship by investment application. 

What Documentation Is Necessary for Grenada Citizenship by Investment?

The successful completion of Grenada's CBI application depends heavily on the timely and adequate preparation of the required documentation.

Our team of experts highly recommends that you prepare and double-check these documents in order to have a smooth and efficient application process. 

Let’s explore each document in detail to help you stay on track.

What to Include in Your Grenada Citizenship Application Form?

The official CBI application form (C1) must be completed, signed, and submitted by your authorized agent. 

This form provides essential information about you and your family members. 

It should be submitted to Grenada’s Citizenship by Investment Unit (CIU) during the initial application stage.

What Forms of Identity Proof Are Required for Grenada Citizenship?

Applicants will also be required to provide valid identification documents, such as a passport or national ID card, to verify their identity.

These documents must be submitted during the initial application stage and should be notarized and translated into English if required.

Which Residence Proofs Are Needed for Grenada Citizenship Applications?

Proof of your residence, such as a utility bill or rental agreement, will also be required to confirm your current address. 

This document should be submitted during the initial application stage and must be notarized and translated into English if necessary.

What Medical Documents Must Be Provided for Grenada Citizenship Applications?

All applicants must undergo a medical examination and submit the results as part of their application. 

This ensures that applicants are in good health and won’t pose a burden on Grenada's healthcare system.

Is a Police Clearance Form Mandatory for Applying for Grenada Citizenship?

A police clearance form or certificate is also required to confirm that the applicant has no criminal record. 

This document should be obtained from your country of residence and submitted during the initial application stage.

What Employment and Financial Documentation Is Required for Grenada Citizenship?

Applicants must provide employment and financial documents, such as bank statements, tax returns, and proof of business ownership, to demonstrate their financial stability to the Grenada authorities. 

These documents should be submitted during the initial application stage.

Are Educational Documents Necessary for Applying for Grenada Citizenship?

For dependent children over 18 years old, educational documents, such as transcripts or diplomas, must be provided to prove their enrollment in an educational institution. 

These documents should be submitted during the initial application stage.

How to Validate Your Investment for Grenada Citizenship?

Once you receive an "approval in principle", you’ll be required to provide proof of your chosen investment, either a donation to the National Transformation Fund or the purchase of government-approved real estate. 

This document confirms your commitment to the Grenadian economy and allows the CIU to issue a certificate of registration.

What Are the Photo Specifications for the Grenada Citizenship Application?

Each applicant must also provide 2 passport-sized photos taken within 6 months of the application date. 

These photos should be submitted during the initial application stage and will be used for your Grenadian passport once citizenship is granted.

Which Declaration Forms Are Essential for Grenada Citizenship?

Declaration forms are another document that you’ll be required to submit as part of your Grenada CBI application. 

Declaration forms, such as the Source of Funds Declaration (SoFD) and the Investment Agreement Declaration (IAD), will be required to confirm the legality of your investment funds. 

Why Is Agent Authorization Important for Your Grenada Citizenship Application?

Finally, a signed agent authorization form will be required to enable your authorized agent to act on your behalf during the application process. 

This document should be submitted during the initial application stage.

What Are the Total Costs for Obtaining Citizenship by Investment in Grenada?

Understanding the various costs associated with Grenada's citizenship by investment program is essential for applicants to budget and plan effectively.

Below, we'll walk you through each major expense in detail. 

What Are the Minimum Investment Thresholds for Grenada Citizenship?

The primary cost of the program is the investment itself, which can either be a donation to the National Transformation Fund (starting at US$150,000 for a single applicant) or an investment in approved real estate projects (minimum US$335,000). 

This investment must be made after receiving "approval in principle" from the CIU and is crucial for demonstrating your commitment to Grenada's economic growth.

How Much Are the Application Fees for Grenada Citizenship?

Application fees cover the administrative costs associated with processing your application. 

These fees are non-refundable and should be paid during the initial application stage. 

The cost is US$1,500 per applicant.

What Are the Government and Due Diligence Fees for Grenada Citizenship?

Government fees and due diligence fees are separate from the investment amount and cover the costs of processing and verifying your application. 

Due diligence fees vary depending on the applicant's age. 

Here’s what you can expect to pay:

• US$5,000 for the main applicant.
• US$5,000 for their spouse.
• US$2,000 for each dependent over 16 years old.

These fees should be paid during the initial application stage.

What Processing Fees Apply to Grenada Citizenship Applications?

Processing fees will cover the costs charged by your authorized agent.

In particular, it’ll cover the costs associated with guiding you through the application process and submitting the required documents on your behalf. 

These fees are approximately US$1,500, but may vary significantly depending on the agent you choose to work with, so we highly recommend discussing costs upfront.

What Are the Legal and Professional Fees for Grenada Citizenship?

Legal and professional fees may be incurred for services such as document preparation, notarization, and translation. 

These costs can vary, so we recommend budgeting for them throughout the application process.

What Closing Costs Are Associated with Real Estate Investments in Grenada?

If you choose the real estate investment route, expect to pay various closing costs such as legal fees, registration fees, and stamp duty. 

These costs typically range from 2% to 5% of the property's purchase price and should be budgeted for when making your investment.

What Travel and Accommodation Expenses Should You Expect When Applying for Grenada Citizenship?

While not directly related to Grenada’s CBI program, applicants may incur travel and accommodation expenses while visiting Grenada to explore investment opportunities or complete necessary paperwork. 

Therefore, it’s essential for prospective investors to budget for such costs appropriately. 

What Are the Costs for Translation and Notarization in Grenada Citizenship Applications?

If any required documents are in a language other than English, you'll need to have them translated and notarized. 

The costs for translation and notarization services can vary, so it's essential to account for these expenses during the application process.

How Long Does It Take to Process Citizenship by Investment in Grenada?

At WorldPassports, we understand that the processing time for Grenada's CBI applications is crucial for applicants to plan their journey toward Grenadian citizenship effectively. 

Below, our team of experts will discuss the average processing time and explore any available expedited options to help you manage your expectations and stay informed throughout the process.

Read on.

What Is the Average Processing Time for Grenada Citizenship Applications?

The average processing time for Grenada's CBI applications is approximately 3 to 4 months from the submission date. 

This period includes the time taken for due diligence checks, investment confirmation, and other essential steps in the application process. 

However, it's important to note that individual processing times may vary depending on factors such as the applicant's background and the complexity of their case.

Are There Expedited Processing Options for Grenada Citizenship?

As of 2025, there are no official expedited processing options available for Grenada's CBI program. 

All applications are processed in the order they’re received, with a strong emphasis on thorough due diligence checks. 

To ensure a smooth and timely application process, we suggest working closely with your authorized agent and providing all required documents promptly and accurately.

Can You Maintain Dual Citizenship with Grenada Citizenship by Investment?

Yes, Grenada allows dual citizenship and doesn’t require applicants to renounce their existing citizenship when obtaining Grenadian citizenship through its CBI program. 

This means that individuals who successfully complete the application process will be able to maintain their current citizenship while also enjoying the benefits of being a Grenadian citizen. 

It’s worth noting, however, that some countries may not recognize dual citizenship, so we highly recommend applicants verify the dual citizenship policies of their home country before proceeding with the Grenada CBI program. 

Common Questions

In Conclusion

Grenada's citizenship by investment program offers a unique opportunity for investors to obtain a valuable second citizenship while investing in the country’s economy. 

By understanding the major steps of Grenada’s CBI program, you can make informed decisions for your and your family’s futures. 

The WorldPassports team trusts that our informative and comprehensive article has prepared you to confidently embark on your Grenadian citizenship journey. 

If you want to get information about other CBI programs, feel free to browse through our other country-specific article selections.