Citizenship By Investment
Grenada Citizenship by Investment
Government-Licensed Advisory by NTL
Programme Highlights
- Minimum Investment: USD 235,000 (National Transformation Fund) or USD 270,000 (Real Estate Share Purchase)
- E-2 Visa Access: Only Caribbean CBI programme with US E-2 Treaty Investor Visa eligibility (3-year residency required)
- Family Inclusion: Spouse, children under 30, parents, grandparents, and unmarried siblings eligible
- No Initial Residency: No mandatory presence requirement during application process
- Dual Citizenship: Permitted under Grenadian law
- Processing Authority: Investment Migration Agency Grenada (IMA Grenada)
About Grenada
Grenada, known as the "Isle of Spices," is a sovereign nation comprising the main island of Grenada and several smaller islands including Carriacou and Petite Martinique. Located in the southeastern Caribbean Sea, Grenada is a member of the Commonwealth of Nations, the Caribbean Community (CARICOM), and the Organisation of Eastern Caribbean States (OECS).
Location
Southeastern Caribbean Sea, northwest of Trinidad and Tobago, northeast of Venezuela
Area
344 square kilometers (133 square miles)
Population
Approximately 110,000
Capital
St. George's
Official Language
English
Currency
East Caribbean Dollar (XCD)
1 USD = 2.70 XCD (fixed rate)
Legal Framework
Governing Legislation
Grenada Citizenship by Investment Act, 2013 (Act No. 15 of 2013)
Enacted by Parliament in August 2013, this Act establishes the legal foundation for acquiring citizenship through prescribed economic contributions.
Current Regulations: SRO No. 12 of 2024
The Grenada Citizenship by Investment (Amendment) Regulations, 2024, gazetted June 26, 2024 and effective July 1, 2024, established current investment thresholds and fee structures in accordance with the Organisation of Eastern Caribbean States (OECS) Memorandum of Agreement.
Investment Options
Applicants may choose between two qualifying investment routes established by SRO No. 12 of 2024:
Government Fees Schedule
The following government fees apply to all applications:
| Fee Category | Amount (USD) | Applicability |
|---|---|---|
| Application Fee | 1,500 | Per person |
| Due Diligence (Adult) | 5,000 | Per adult applicant |
| Due Diligence (Child 17+) | 5,000 | Dependent aged 17 and over |
| Processing Fee (Adult) | 1,500 | Aged 17 and over |
| Processing Fee (Child) | 500 | Under 17 years |
| Interview Fee | 1,000 | Per person aged 17+ (mandatory) |
In addition to government fees, applicants engage licensed agents, legal advisors, and professional service providers. NTL provides transparent fee schedules upon engagement.
Eligibility Requirements
Main Applicant Criteria
| Requirement | Criteria |
|---|---|
| Age | Minimum 18 years old |
| Health | Good health, no communicable diseases (medical certificate required) |
| Financial Capacity | Sufficient funds from legal and verifiable sources |
| Character | Good character, no disqualifying criminal convictions |
| Security | No national security concerns |
Eligible Dependents
Legally married spouse of main applicant
Biological or adopted children
Unmarried, no children, fully supported
Any age, physically or mentally disabled, fully supported
Any age, fully supported
(Age 55 and under: additional USD 50,000)
Age 18+, unmarried, no children, fully supported
(Additional USD 75,000 per sibling)
Restricted Nationalities
Ineligible: North Korea, Russia, Belarus
Conditional Eligibility: Iran, Afghanistan, Sudan, Yemen (must meet specific exception criteria including emigration before age 18, 10+ years residence in approved jurisdictions, no economic ties to restricted country)
Programme Benefits
Citizenship Advantages
Permitted under Grenadian law. No requirement to renounce existing citizenship.
Comprehensive family coverage including spouse, children, parents, grandparents, and siblings.
Citizenship transfers to new spouses and future generations.
No mandatory presence during application process.
Full citizenship in a Commonwealth nation with democratic governance.
Regional free movement and trade benefits through CARICOM membership.
US E-2 Treaty Investor Visa
Grenada is the only Caribbean CBI programme with a bilateral treaty permitting citizens to apply for E-2 Treaty Investor Visas to the United States.
E-2 Visa Overview:
- Residency Requirement: Grenadian CBI citizens must reside in Grenada for three consecutive years before applying for E-2 visa
- Investment: Substantial investment in a U.S. business (typically minimum USD 100,000)
- Validity: Renewable periods of two to five years
- Renewability: Indefinite renewal as long as business remains operational
- Family: Spouse may work in U.S.; children under 21 may accompany
- Visa Type: Non-immigrant (does not lead directly to green card)
Note: E-2 visa applications are processed by U.S. authorities. Approval is based on business plan and investment qualifications.
Global Mobility
Grenadian passport holders have visa-free or visa-on-arrival access to over 140 destinations worldwide, including:
- Europe: Schengen Area (26 countries), United Kingdom, Ireland
- Asia: China, Hong Kong, Singapore, Russia
- Americas: CARICOM member states, various Latin American countries
Due Diligence Process
The Government of Grenada maintains comprehensive due diligence procedures to ensure programme integrity.
Background Verification
Comprehensive vetting of criminal, financial, and reputational history for all adult applicants.
Document Authentication
Verification of identity documents, police certificates, financial documentation, and source of funds.
Mandatory Interview
Interview required for all applicants aged 17 and over, conducted by IMA Grenada officials.
Committee Review
CBIC assesses application and issues recommendation to Minister responsible for Citizenship.
Ministerial Decision
Minister makes final decision: approval, delay for further processing, or denial.
Application Process
Applications must be submitted through Authorized Agents licensed by IMA Grenada. Direct applications from individuals are not accepted. NTL is a licensed Government-Authorized Agent for Grenada CBI.
Process Timeline
Preliminary Assessment
Eligibility review, investment route selection, and initial document collection.
Document Preparation
Complete official forms, obtain medical certificates, collect identity and financial documents, prepare source of funds documentation.
Application Submission
Authorized Local Agent submits complete application to CBIC. Initial fees paid.
Government Processing
Due diligence background checks conducted. Mandatory interview scheduled.
Approval Decision
Minister issues decision. If approved, instruction issued to complete investment.
Investment Completion
NTF contribution or real estate purchase completed. Proof of payment submitted.
Citizenship Grant
Certificate of Registration issued. Passport application processed.
Document Delivery
Certificate and passport delivered through Authorized Agents.
IMA Grenada indicates processing of three to four months. Actual timelines vary based on application complexity and due diligence requirements.
Required Documents
Identity Documents
- Certified copy of current passport
- Birth certificate for all applicants
- Recent passport photograph (35 x 45mm, plain background)
Civil Status Documents
- Marriage certificate (if applicable)
- Divorce decree or death certificate (if applicable)
- Birth certificates of dependent children
- Adoption certificates (if applicable)
Financial Documents
- Bank statements with proof of legal source of income
- Evidence of source of funds
- Bank reference letters
- Business ownership documentation (if applicable)
Police and Medical
- Police certificates from countries of residence
- Medical certificate (Form 4) with HIV test for applicants aged 12+
Official Forms
- Form 1: Personal Information
- Form 2: Fingerprints
- Form 3: Particulars for Office of Home Affairs
- Form 4: Medical
- Form 5: Employment, Wealth, Business
- Form 6: Investment Confirmation
Note: All documents must be in English or accompanied by certified English translation.
Post-Approval Considerations
Real Estate Holding Period
For real estate investments, a minimum 5-year holding period applies if property is to qualify for resale to another CBI investor.
Future Residency Requirements
The Government of Grenada has indicated intention to introduce a residency requirement in 2025. Prospective applicants should consult IMA Grenada for current requirements.
Programme Changes
The programme operates under statutory authority and is subject to amendment by Act of Parliament or ministerial regulation. Investment thresholds, fees, and procedures may change.
NTL: Government-Licensed Agent
NTL is a Government-Licensed Agent for Grenada's Citizenship by Investment Programme. We provide comprehensive advisory services with extensive regulatory experience.
Our Advisory Services
Eligibility Assessment
Comprehensive review of applicant eligibility under current regulations.
Investment Route Advisory
Analysis of NTF and real estate options with cost breakdown for your family composition.
Source of Funds Documentation
Guidance on preparing compliant financial documentation.
Application Preparation
Complete document validation and official form preparation.
Submission and Liaison
Application submission through licensed Local Agents and ongoing government liaison.
Investment Completion
Coordination of fund transfers and investment documentation.
Citizenship Delivery
Secure delivery of Certificate of Registration and Grenadian passport.
Compliance Standards
NTL operates in strict accordance with IMA Grenada requirements, maintaining the highest standards of regulatory compliance, due diligence, confidentiality, and transparent fee structures.
Request Your Eligibility Assessment
Contact NTL for a confidential consultation on Grenada's Citizenship by Investment Programme. Our licensed advisors will assess your eligibility, explain investment options, and outline the application process.
Frequently Asked Questions
The minimum investment is USD 235,000 for a National Transformation Fund contribution, or USD 270,000 for approved real estate investment plus USD 50,000 government contribution.
Yes. Grenadian citizens can apply for E-2 Treaty Investor Visas after residing in Grenada for three consecutive years. Grenada is the only Caribbean CBI programme with E-2 visa treaty access.
IMA Grenada indicates processing of three to four months. Actual timelines vary based on application complexity and due diligence requirements.
Yes. Grenada permits dual citizenship. Applicants are not required to renounce their existing citizenship.
Currently, there is no mandatory residence requirement during the application process. However, E-2 visa applicants must reside in Grenada for three consecutive years before applying. Future programme changes may introduce additional residency requirements.
Eligible dependents include spouse, children under 18, children aged 18-30 (unmarried, no children), disabled children of any age, parents and grandparents (any age), and unmarried siblings aged 18+ (no children). Additional fees apply for certain categories.
No. Applications must be submitted through Authorized Agents licensed by IMA Grenada. NTL is a licensed Government-Authorized Agent.
Due diligence fees are USD 5,000 per adult applicant and USD 5,000 for dependents aged 17 and over. A mandatory interview fee of USD 1,000 per person aged 17 and over also applies.
A minimum 5-year holding period applies if the property is to qualify for resale to another CBI investor.
This page provides general information only and does not constitute legal, tax, or investment advice. Programme requirements and fees are subject to change by government regulation. Prospective applicants should consult licensed advisors before making investment decisions.
Application outcomes are determined by government authorities. NTL provides professional advisory services to support compliant applications but does not guarantee approval or specific processing timelines.
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