Grenada · Citizenship by investment
Grenada Citizenship by Investment Programme
Open. The programme was repriced effective 1 July 2024 by the Grenada Citizenship by Investment (Amendment) (No. 2) Regulations 2024 (SRO 15 of 2024), made under the Grenada Citizenship by Investment Act No. 15 of 2013. It is administered by the Investment Migration Agency (IMA), which replaced the former CIU on 25 March 2024. Grenada was not named in the December 2025 US travel proclamation. ECCIRA, the new regional regulator, will be headquartered in Grenada.
Grenada is the only CBI country with a US E-2 treaty. The E-2 visa is about as close as it gets to a legal, renewable, indefinite US residence for a family who cannot qualify for an EB-5 or a green card. There is a catch that often gets buried: anyone who bought the citizenship faces a three-year domicile bar before they can use it. Grenada has a quieter advantage too. It is the only Caribbean CBI passport with visa-free access to mainland China, which matters more to some families than Schengen access does.
Qualifying routes
Main applicant and up to three dependants. A single applicant pays the same as a family of four. Each additional dependant costs USD 25,000. A dependent parent or grandparent costs USD 50,000. A sibling costs USD 75,000. All fees are non-refundable. Of the USD 235,000, a minimum of USD 200,000 is retained by government and up to USD 35,000 is agent commission.
This is the minimum required under Section 11. On top of that comes a USD 50,000 government contribution, and a five-year hold.
This applies to shared purchases in the Tourism Accommodation priority sector, made by two or more individuals. The unit must be valued at a total minimum of USD 540,000, and at least 20% equity of the proposed construction cost must be invested in the project before submission. On top of that, there is a USD 50,000 government contribution.
The facts
- Minimum investment
- $235k
- Total landed cost
- For the NTF option, whether for a single applicant or a family of four, the base cost is USD 235,000. Add due diligence fees of USD 5,000 per person aged 17+, plus application and processing fees of USD 1,500 each for adults and USD 500 each for minors. That brings the total to roughly USD 245–255k for one person and USD 260–275k for a family of four, before agent and legal fees. A realistic all-in figure is USD 265–300k. The co-ownership real estate route runs USD 270,000, and with the USD 50,000 government contribution added, the all-in cost for a stake in a jointly-owned tourism unit lands above USD 330k.
- Route type
- Citizenship by investment
- Timeline
- 4–9 months (Processing averaged 7 months in Q4 2025. An invitation-only route is reported to deliver 3–4 months for vetted UHNW applicants. Application volume rebounded 122% in Q3 2025, and the rejection rate climbed to around 14%, by far the highest of the five. That is a due-diligence credit rather than a defect.)
- Physical presence
- None required today. The regional ECCIRA 30-day rule would change that. Commencement has slipped, and it was not confirmed in force as at July 2026.
- Family
- SpouseChildren under 18Dependent children 18–30Dependent parents and grandparentsDependent unmarried siblings
- Permanent residency
- Not applicable. Citizenship is granted directly.
- Citizenship
- Immediate on approval and payment, though in practice it takes 4–9 months.
- Language test
- None
- Dual citizenship
- Permitted
- Requirements
- clean criminal recordverified lawful source of fundsmandatory interviewenhanced due diligence. Grenada's rejection rate of roughly 14% is the highest in the regionthe application must go through an Authorised International Marketing Agent working with an Authorised Local Agentfor E-2 purposes only, three continuous years of domicile in Grenada after acquiring citizenship
- The E-2 limit: read this before you listen to anything else an agent tells you. Section 5502 of Public Law 117-263, the FY2023 NDAA, signed 23 December 2022 and effective 27 December 2022, amended INA §101(a)(15)(E) so that a person who acquired treaty-country nationality through financial investment cannot obtain an E-1 or E-2 visa until they have been domiciled in that country for a continuous period of not less than three years. Buying Grenadian citizenship does not give you an E-2. It gives you the right to move to Grenada, live there for three years, and then apply. Domicile is a stricter standard than residence. It means making Grenada your true, permanent home. Agents routinely sell Grenada as a shortcut to the E-2 without mentioning any of this. It is the single most misrepresented fact in Caribbean CBI.
- There are exceptions to the domicile bar. Anyone who obtained CBI citizenship before 27 December 2022 is not caught by it, and anyone previously granted E-visa status is exempt. Nationality acquired by means other than investment, such as birth, descent, marriage or ordinary naturalisation, is not caught either. If your client acquired Grenadian citizenship in 2021, they can file now. If they are buying it in 2026, the clock starts on domicile, not on the passport.
- The E-2 itself is a nonimmigrant visa. It can be renewed indefinitely, but it confers no permanent residence and no path to a green card. It requires a substantial, at-risk, non-marginal investment in a real operating US business. There is no statutory minimum, but the investment must be substantial relative to the business and must generate more than a minimal living for the investor. Children age out of derivative status at 21. This is not an immigration solution. It is a business-operator visa.
- Under the EU's revised Visa Suspension Mechanism (Regulation (EU) 2025/2441, Article 8a(1)(e)), simply running the scheme is grounds enough on its own to suspend Schengen visa-free access. The Commission's Eighth Report goes further, saying the Eastern Caribbean states should vet applicants until those schemes are discontinued.
- Grenada's own official CBI website was still showing a stale USD 150,000 minimum contribution when checked in July 2026, a figure that was superseded on 1 July 2024. Even the government's own web estate cannot be trusted here. The binding numbers are in SRO 15 of 2024.
- The USD 235,000 NTF headline includes up to USD 35,000 of agent commission. Only USD 200,000 actually reaches the government. That is how the USD 200,000 OECS floor gets satisfied. Know what you are really paying for.
- The co-ownership real estate route requires a unit valued at a total minimum of USD 540,000, plus a 20% developer-equity precondition. That minimum was raised from USD 440,000 by SRO 15, just days after SRO 12. Check the current SRO before relying on any figure here.
- Grenada taxes residents at 10% on the first XCD 24,000 and 28% above that, with a personal allowance of XCD 36,000. Foreign-source income isn't taxed at all. But citizenship by itself does not make you a tax resident, so it brings no tax benefit on its own.
- The OECD flags Grenada's CBI scheme as potentially high risk for CRS circumvention.