Grenada's citizenship-by-investment programme
Freedom to travel. Flexibility to act. Security for the future.
Build a second-citizenship strategy around long-term optionality, not simply another passport.
Grenada’s citizenship-by-investment programme allows eligible investors and qualifying family
members to acquire Grenadian citizenship through a qualifying contribution or approved investment,
that they meet the strict due-diligence requirements of the programme.
Tell us about your family, nationality, investment objectives and wider mobility goals. Sable International will help you assess
whether Grenada is the right route before you commit capital.
The programme offers two well-established investment pathways with published minimum investment requirements: a contribution to the National Transformation Fund from US$235,000, or participation in a government-approved investment project from US$270,000, plus a minimum US$50,000 government contribution. Additional application, processing, due-diligence, interview, passport and dependant-related costs apply.
Grenada is also strategically distinctive because it is an E-2 treaty country with the United States. This opens up a potential route for qualifying Grenadian nationals with genuine US business ambitions, however Grenadian citizenship does not automatically provide an E-2 visa or US residence. Separate US immigration requirements apply.
Key Grenada citizenship-by-investment facts
| Minimum contribution From US$235,000 through the National Transformation Fund. | Approved real estate route From US$270,000 plus a minimum US$50,000 government contribution. | Processing guidance IMA Grenada currently publishes an indicative processing time of approximately three to six months. Timing is not guaranteed. |
| Investment after decision The required NTF contribution or investment is typically completed only after the application has received approval in principle and the applicant has been formally invited to proceed by the relevant authorities. | Due diligence & interview Government due diligence is mandatory and an online interview forms part of the process. | Family inclusion & legacy Qualifying dependants can include a spouse, children, parents, grandparents and siblings, subject to the rules applying to the individual family member. Children born after citizenship may also acquire Grenadian citizenship by descent, subject to Grenada’s constitutional rules. |
| Dual citizenship Grenada permits dual citizenship. Applicants must also check the nationality rules of any other country that applies to them. | Current visit requirement Current IMA Grenada rules do not require applicants to travel to Grenada before, during or after the application process. Proposed 2026 rules could change post-citizenship presence requirements. | US E-2 potential Grenada is an E-2 treaty country. Grenadian nationals who acquired citizenship through CBI and have not previously held qualifying E-2 status must have been domiciled in Grenada for a continuous period of at least three years before applying for an E-2 visa. |
What is Grenada citizenship-by-investment?
Grenada citizenship-by-investment is a statutory route through which eligible foreign investors can acquire Grenadian citizenship after making a qualifying economic contribution or investment and passing the government’s application and due-diligence requirements.
The programme operates under the Grenada Citizenship by Investment Act, 2013 and is administered through the Investment Migration Agency Grenada and Citizenship by Investment Committee.
This is not a residence programme. Successful applicants are naturalised as Grenadian citizens rather than receiving temporary residence. For internationally mobile families, the real value is not simply another travel document; it is the additional option citizenship can create for future mobility, family planning, international business and contingency planning.
Why are investors considering Grenada today?
The questions investors are asking have changed. They are increasingly asking not only what a passport provides today, but how credible, usable and strategically relevant the programme is likely to remain over the longer term.
- Optionality beyond passport rankings
- Potential US E-2 Treaty Investor access
- Family planning and future generations
- Programme credibility and stronger regional oversight
- Our View
Grenadian citizenship can give internationally mobile families another nationality and greater flexibility when planning their future. Visa-free and visa-on-arrival arrangements can change, so we recommend assessing Grenada against the destinations and rights that actually matter to you rather than choosing a programme purely on a headline passport-ranking figure.
Grenada is an E-2 treaty country with the United States. That can be strategically relevant to investors with genuine US business ambitions, subject to the separate requirements of US immigration law. This is potential eligibility to apply, not automatic US residence or an automatic E-2 visa.
Grenada’s programme allows qualifying dependants to be included in an application. The dependant framework recognises spouses, children, parents, grandparents and siblings, although eligibility and cost depend on the family member’s circumstances. For an investor who acquires Grenadian citizenship through the programme, a child born abroad afterwards can acquire Grenadian citizenship by descent under the Constitution, subject to the rules in force at the time. This can extend the value of the original investment to future generations, although the transmission rules should be checked for each generation.
Grenada and other Eastern Caribbean citizenship-by-investment jurisdictions are moving towards greater regional regulatory coordination through the Eastern Caribbean Citizenship by Investment Regulatory Authority framework. Grenada enacted the regional agreement legislation in 2025, while further domestic CBI reforms were tabled before Parliament in 2026.
Greater scrutiny should not automatically be treated as a disadvantage. For citizenship intended to remain useful for decades, robust due diligence, transparent administration and credible regulation can help support long-term confidence in the programme.
How much does Grenada citizenship-by-investment cost?
The right investment route depends on your objectives, family structure, appetite for a non-refundable contribution and whether you want exposure to a qualifying investment asset.
| Investment route | Current minimum | Best suited to | Important considerations |
|---|---|---|---|
| National Transformation Fund contribution | From US$235,000 | Applicants who prefer a non-refundable contribution and do not want an investment asset to manage. | Family composition can affect total government cost. The contribution is completed only after approval in principle has been issued. |
| Government-approved real estate investment | From US$270,000 + minimum US$50,000 government contribution | Applicants who want a qualifying real estate investment route. | Project structure, additional fees, holding and exit conditions, resale rules and investment risk should be understood before you commit to the investment. |
Application, processing, due-diligence, interview, passport and dependant-related costs are additional. Because official fee information can change, it is recommended to obtain a personalised cost estimate, tailored to your family structure, before committing to a route.
National Transformation Fund contribution
The National Transformation Fund is a government fund intended to finance projects that benefit and diversify Grenada's economy. The contribution is non-refundable and can suit applicants whose priority is citizenship without selecting and managing a qualifying investment asset.
Approved real estate investment
Investment through the real estate option is only permitted for a select number of qualified, government-approved projects. Many approved projects are tourism developments, which can also support local job creation
When choosing a suitable investment, look beyond the minimum subscription amount. Understand the project’s structure, holding and exit conditions, additional costs, investment risk and whether the asset makes sense independently of the citizenship application.
| CHOOSING BETWEEN THE ROUTES |
|---|
| A contribution may provide greater simplicity, but the capital is not recoverable. An approved real estate investment may preserve an underlying asset interest, but it introduces commercial and exit risk. The right question is not simply “Which route is cheaper?” but “Which route best fits my capital, objectives and risk tolerance?” |
| Get my personalised Grenada CBI cost and eligibility assessment Compare the current programme routes against your family structure, capital, due-diligence profile and longer-term objectives before you commit to the qualifying investment. |
Who can apply for Grenada citizenship-by-investment?
The main applicant must be at least 18 years old, be in good health, have sufficient funds to make the required investment and demonstrate that the funds used for the application come from a legal source.
Applicants undergo strict due diligence. Current IMA Grenada guidance identifies potential refusal grounds including false information, relevant criminal history or investigation, national-security concerns, conduct likely to bring Grenada into disrepute and certain previous visa refusals.
Which family members can be included?
- A spouse
- Minor children and qualifying adult dependent children
- Qualifying dependent parents
- Qualifying dependent grandparents
- Qualifying siblings
Family eligibility should be assessed before an application is structured because dependency tests and additional government costs can differ between categories.
Due diligence and source-of-funds requirements
Grenada citizenship-by-investment should not be described as an “easy passport” process.
Every application is subject to stringent government vetting and due diligence. Applicants must demonstrate the lawful source of the funds used for the qualifying investment, and an online interview forms part of the process.
For high-net-worth families, source-of-funds preparation can be as important as choosing the investment route. Depending on how wealth and investment capital were generated, supporting evidence may need to establish a clear trail through employment income, business ownership, investment proceeds, property sales, inheritance or other lawful sources.
Our view: We start preparing source-of-funds narratives before we move forward with the government application forms. Complex corporate structures, multi-jurisdictional assets or historic transactions are easier to explain when the documentary trail is identified early rather than reconstructed under time pressure.
Who can Grenada citizenship work particularly well for?
Internationally mobile families
Families who want an additional nationality to support long-term mobility, contingency planning and access to family, property or business interests across borders.
Global business owners
Entrepreneurs and executives who value flexible international movement and may also have a genuine long-term US E-2 business strategy.
Families diversifying nationality risk
High-net-worth families seeking resilience and optionality beyond reliance on one citizenship or jurisdiction.
Caribbean lifestyle planners
Investors who value a permanent connection to Grenada for future lifestyle, seasonal living or retirement planning, subject to personal tax and financial advice.
Grenada may be less suitable if your main objective is a European residence route, EU settlement rights or simply the lowest headline price. In those cases, another citizenship- or residency-by-investment programme may be a better fit.
How the Grenada citizenship-by-investment process works
Assess your objectives and eligibility
Consider family structure, citizenship goals, investment budget, source of funds and any factors that could affect due diligence.
Select the appropriate investment route
Compare the NTF contribution with an approved real estate investment on cost, risk, liquidity and long-term objectives.
Prepare the application and supporting evidence
Complete the prescribed forms and supporting evidence, which can include medical, police, identity and financial documentation. Applications follow Grenada's authorised-agent structure.
Submit through the authorised process
The completed application is submitted through the authorised local-agent process. Applicants cannot simply submit directly to the Citizenship by Investment Committee.
Complete due diligence and the interview
The government undertakes due-diligence checks and the required interview. Currently, IMA Grenada conducts all interviews online.
Receive a decision and complete the qualifying investment
If the application is successful, the applicant is instructed to proceed with the relevant NTF contribution or approved real estate investment.
Citizenship registration and passport application
Once the required payment has been confirmed, the certificate of registration establishes the grant of Grenadian citizenship and the authorised process continues to the passport application.
How long does Grenada citizenship-by-investment take?
IMA Grenada currently publishes an indicative processing period of three to six months. Its FAQ also refers to approval within 60 business days subject to satisfactory due diligence and receipt of funds
Treat these figures as official guidance rather than a guarantee. Document preparation, family complexity, due diligence, interviews and government processing can affect the end-to-end timeline. In Sable International’s experience, a typical application takes 6–9 months to be concluded.
Do you need to live in Grenada?
Current IMA Grenada guidance states that applicants do not need to visit Grenada before, during or after the citizenship application process.
However, this is an area where an undated or unconditional “no residency requirement” statement could be misleading because Grenada's Parliament is considering post-citizenship presence and integration requirements.
| 2026 REGULATORY UPDATE – PROPOSED PHYSICAL-PRESENCE REQUIREMENTS |
|---|
| As at 19 August 2026, Grenada’s Parliament continues to list the Grenada Citizenship by Investment (Amendment) Bill, 2026 as a Bill under consideration. If enacted, the proposed amendments would introduce an aggregate physical-presence requirement of at least 30 days during the first five calendar years after citizenship, including a minimum of five days for the main applicant and each named dependant during the first 12 months, together with an integration programme. As these measures have not yet been enacted or brought into force, they should be referred to as proposed changes rather than current programme requirements. |
Grenada citizenship and the US E-2 Investor Visa
The US E-2 Treaty Investor route is one of Grenada's most strategically distinctive features, but it is also one of the most frequently oversimplified.
The US Department of State lists Grenada as an E-2 treaty country, with the treaty in force since 3 March 1989.
An E-2 application is a separate US immigration process. Among other requirements, the applicant must make a substantial investment in a real and operating US enterprise and meet the requirements to develop and direct that enterprise.
For Grenadian nationals who obtained their citizenship through the CBI programme and have not previously been granted qualifying E-2 status, current US law requires them to have been domiciled in Grenada for a continuous period of at least three years at some point before applying for the E-2 visa.
| PRACTICAL MEANING |
|---|
| Grenadian citizenship can create eligibility to pursue an E-2 strategy. It does not give an investor immediate or guaranteed US residence. If US business access is central to your objective, assess the Grenada and US strategies together before committing capital. |
What should you consider before applying?
Travel access can change because entry rights are controlled by destination countries. Assess the destinations that matter to you instead of relying on a headline passport ranking.
A second citizenship is not a route around sanctions. High-scrutiny cases require compliance, sanctions and source-of-funds review before any programme is considered.
The US E-2 route is separate from Grenadian citizenship. Grenadian nationals who acquired citizenship through CBI and have not previously held qualifying E-2 status must satisfy the three-year Grenada domicile requirement before applying for an E-2 visa.
Processing guidance is not a guarantee. Document quality, due diligence, interviews and government capacity can affect timing.
Approved real estate investments carry commercial risk. Project status, fees, holding periods, resale and exit conditions must be assessed.
Citizenship does not by itself determine your personal tax position. Tax residence, source of income, existing nationality and other jurisdictions can all matter; specialist advice should be taken where relevant.
Why programme integrity matters today
Caribbean citizenship-by-investment programmes are operating in an environment of increased international scrutiny.
Grenada’s response forms part of a wider Eastern Caribbean move towards common regulatory oversight. Grenada enacted legislation giving effect to the Eastern Caribbean Citizenship by Investment Regulatory Authority Agreement in 2025, while further domestic reforms were tabled before Parliament in 2026.
The direction is clear even while implementation continues: greater regulatory coordination, stronger oversight and more emphasis on programme integrity.
That matters because citizenship is intended to be a long-term asset for a family. Its value depends not only on what it offers today, but also on confidence in the framework under which it is granted.
- The quality of programme due diligence
- The stability and transparency of the legal framework
- The programme's treatment by international partners
- Its fit with the family's actual long-term objectives
- Its ability to remain useful even if individual travel arrangements change
The strongest second-citizenship strategy is not necessarily the cheapest or fastest. It is the one that creates the right options for your family and still makes sense over the longer term.
Is Grenada citizenship-by-investment right for you?
Grenada can be particularly worth considering if you want a genuine second citizenship rather than a temporary residence permit, need a programme capable of accommodating qualifying family members, value long-term mobility and contingency planning, or have a credible future US E-2 business strategy.
It will not be the right answer for everyone.
If your main objective is to establish residence in Europe, for example, a European residency-by-investment programme may align more directly with your needs. If your goal is primarily Caribbean citizenship, compare Grenada with other programmes on family eligibility, total cost, due diligence, mobility priorities and long-term programme positioning.
Our view: Do not start with “Which passport is best?” Start with: “What do I want my second citizenship to make possible for my family over the next 10 or 20 years?” That produces a more useful investment migration decision.
What makes Grenada an attractive lifestyle destination?
Known as the ‘Spice Isle’, Grenada is an English-speaking island nation in the eastern Caribbean comprising Grenada, Carriacou and Petite Martinique. The Government of Grenada highlights the country’s nutmeg and cocoa heritage alongside tropical rainforest, beaches, waterfalls and dive sites, giving the programme a genuine lifestyle dimension for investors who may want more than a travel document.
Grenada is a member of CARICOM, the Commonwealth and the Organisation of Eastern Caribbean States. Through the OECS Economic Union free-movement regime, Grenadian citizens can travel, live and work across participating Protocol Member States, subject to the applicable rules. For investors considering a future Caribbean base, that regional relevance can sit alongside the programme’s mobility and family-planning benefits.
Why work with Sable International?
A second-citizenship decision can affect more than immigration. Where relevant, Sable International can connect you with the appropriate specialists for related tax, wealth, foreign exchange or relocation considerations, while keeping each area of advice clearly separated.
Sable International has been helping clients navigate cross-border decisions for 30 years.
Our Investment Migration team helps clients assess which programme best fits their needs and supports them through the application process.
That means the conversation does not have to end with: “Can I qualify for Grenada?”
We can also help you ask: “Does Grenada make sense within my wider cross-border strategy?”
| Assess my Grenada citizenship-by-investment eligibility |
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| Discuss your family structure, likely investment route, source-of-funds position, US E-2 objectives and the latest programme requirements with an investment migration specialist before you commit capital. |
Grenada citizenship-by-investment FAQs
01Is Grenada citizenship-by-investment still available?
Yes. IMA Grenada continues to administer the programme and publishes current investment options, application guidance, approved projects and programme information. Regulatory reforms are developing, so the rules in force should always be checked at the point of application.
02What is the minimum investment for Grenada citizenship?
03How long does Grenada citizenship-by-investment take?
04Do I pay the main contribution or investment before approval?
05Can I keep my existing citizenship?
06Can I apply directly to the Grenadian government?
07Does a Grenada passport automatically give me a US E-2 visa?
08Do I currently have to visit or live in Grenada for the citizenship application?
09Can my family be included?
10Can Grenadian citizenship pass to future generations?
11Does Grenadian citizenship automatically change my tax position?
12Is Grenada the best Caribbean citizenship-by-investment programme?
Start an assessment for Grenada citizenship-by-investment
Before you commit to the qualifying investment, confirm whether Grenada is the right second-citizenship route for your family.
Whether your priority is global mobility, family planning, business continuity, a future US E-2 strategy, nationality diversification or a future Caribbean base, Sable International will help you assess the route in the context of your wider cross-border objectives.
| Get expert advice |
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| Complete the form and Sable International will contact you to assess your options. |
Last reviewed by Sarah Young, Investment Migration Manager, Sable International, in October 2026.
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EXPLORE MY OPTIONSDisclaimer: Please do not act in reliance on information published or advised without consulting a suitably qualified independent legal or other professional advisor of your own choosing. Sable International will not be liable for any direct, indirect or consequential loss or damage suffered by any person as a result of their use or reliance on any of the advice provided by any one or all of the professional advisors identified by Sable International; loss or damage suffered by any person as a result of changing government legislation; and/or changing rules around immigration and nationality. Obtaining residency and citizenship is at the sole discretion of the government in question and cannot be guaranteed by Sable International.