Photo: Андрей Бобровский (CC BY 3.0)Grenada Citizenship by Investment
The only Caribbean passport that grants access to the US E-2 Treaty Investor Visa. Obtain Grenadian citizenship through a government-approved donation or real estate investment, with no residency requirement.
Grenada's Citizenship by Investment program grants a second passport through a National Transformation Fund donation or real estate investment. The minimum starts at USD $150,000, and Grenada is the only Caribbean passport granting access to the US E-2 Treaty Investor Visa plus visa-free travel to 140+ countries.
- Investment From
- USD $150,000
- Visa-Free Access
- 140+ countries + US E-2
- Processing Time
- 4–6 months
- US Access
- E-2 Treaty Investor Visa
Compare Other Programs
Other routes in this category that may fit your situation
Investment Options
National Transformation Fund
USD $150,000Non-refundable government donation. Includes access to the US E-2 Treaty Investor Visa after naturalization.
- Single applicant: $150,000
- Family of 4: $200,000
- E-2 US Visa eligibility
Approved Real Estate
USD $220,000Purchase pre-approved resort or residential property. 5-year minimum hold, rental income allowed.
- 5-year minimum hold
- Resalable after hold period
- Rental income permitted
Who Is This For?
- Individuals aged 18+ with clean background and no criminal record
- Verifiable legitimate source of investment funds
- Good health — medical examination required
- No significant visa denials from major countries
- Can include spouse, dependent children (up to age 30), and dependent parents
- No language or educational requirements
How It Works
- 1
Consultation & Route Selection
ITC iLand advises on the best investment option: National Transformation Fund donation or approved real estate project.
- 2
Document Assembly
Gather passports, police certificates, medical reports, bank statements, source of funds documentation, and personal history forms.
- 3
Submission to Grenada CBI Unit
Application submitted through authorized agent. Government due diligence fees paid at this stage.
- 4
Due Diligence & Approval
Multi-tier background screening conducted. Approval in principle issued within 4–6 months for most applicants.
- 5
Investment & Citizenship Certificate
Investment is completed. Certificate of naturalization issued and passport obtained — valid for 5 years (children) or 10 years (adults).
Reviewed by Ramin Asadi · RCIC · CICC #R407111 Verify
Grenada immigration and citizenship law sits outside the RCIC licence, which covers Canadian immigration. This page is maintained by ITC iLand and checked against official Grenada sources; applications are filed through agents licensed by the programme's own Citizenship by Investment Committee, with whom ITC iLand works, and any US E-2 application is handled by licensed US counsel. Nothing on this page is Grenada legal advice.
Figures on this page were last verified against their official sources in July 2026.
What Grenadian citizenship gives you
Full citizenship, for life, with no residence requirement, no language test and no obligation ever to set foot in the country. Grenada permits dual citizenship. Spouse and qualifying dependants are included in one application.
Grenada sits in a particular niche among Caribbean programmes. It is not the cheapest and not the fastest, and the reason people choose it is usually a single specific one: it is the only Caribbean citizenship-by-investment country with an E-2 investor treaty with the United States.
The qualifying investment routes
Two routes qualify. The National Transformation Fund is a non-refundable contribution to the government. The approved real estate route buys a share in a government-approved development, held for five years.
| Route | Single applicant | Family of four | Hold period |
|---|---|---|---|
| National Transformation Fund | USD $150,000 | USD $200,000 | None |
| Approved Real Estate | USD $220,000 | — | 5 years |
Reading the numbers correctly
Grenada's own Citizenship by Investment Committee states a minimum NTF contribution of USD $150,000. You will find considerably higher "costs" quoted elsewhere for the same programme — figures around $235,000 are common — because those bundle government processing fees, due-diligence fees and agent fees into one number without saying so.
Both descriptions can be honest; they are answering different questions. The contribution is what the government requires. The bundled figure is closer to what you will actually spend. What you should not accept is a quote that does not tell you which it is. The real estate route starts at USD $220,000 with a five-year hold, and carries its own additional government contribution on top.
The E-2 treaty — Grenada’s actual differentiator
Grenada holds an E-2 Treaty Investor agreement with the United States. A Grenadian citizen can therefore apply for an E-2 visa, which permits them to live in the US while directing a business they have invested in substantially. No other Caribbean citizenship-by-investment country offers this.
For someone who wants a US presence but does not qualify for, or does not want to wait years for, an immigrant route, this is a genuinely useful combination — and it is why Grenada is often chosen over a cheaper programme.
What the E-2 is not
- It is not a green card. E-2 is a non-immigrant visa. It is renewable, potentially indefinitely, but it does not by itself lead to US permanent residence.
- It is not included. The E-2 requires its own separate, substantial investment in an active US business — additional to everything paid to Grenada — and that business must be real and operating, not a holding vehicle.
- It is not automatic. It is a discretionary visa application on its own merits, decided by a US consular officer.
- It ends when the business does. Status depends on the enterprise continuing to operate and on you continuing to direct it.
If E-2 access is the reason you are considering Grenada, plan both halves before committing to either. The US side is US immigration law, outside the RCIC licence, and needs a licensed US attorney — we coordinate but do not advise on it. Buying the citizenship first and investigating the E-2 afterwards is the expensive order to do this in.
Why the headline figure is not the total
Beyond the qualifying investment itself, budget for each of the following. None is included in the contribution figure:
- Government processing fees, per applicant.
- Due-diligence fees, per applicant and banded by age; every adult is screened separately.
- Authorised agent and professional fees — applications cannot be filed directly.
- Passport and certificate issuance fees on approval.
- Document costs: police certificates from each country of residence, translations, notarisation, apostilles.
- For the real estate route, an additional government contribution on top of the purchase price.
These amounts are set by the programme and revised periodically, so this page does not quote them — a number typed here would go stale while still looking authoritative. Take them from the official schedule, and ask any agent quoting a single all-in price to itemise it.
Who can apply — and who currently cannot
General requirements: 18 or over, clean criminal record, good health, and a documented lawful source of the invested funds. Dependants can include a spouse, children, and in some cases parents and grandparents, each with their own conditions and fees.
Nationality decides more cases than any of that. The restricted list is set by the programme, moves with geopolitics rather than on a schedule, and is not something an applicant can structure around.
Iranian nationals are currently barred from the Grenada programme. If that applies to you, no amount of structuring changes it. Dominica currently admits Iranian nationals who have lived outside Iran for 10+ years with no remaining Iranian assets or business ties — that is the nearest Caribbean option, and residency-by-investment programmes operate under entirely different rules.
Due diligence, and why applications fail
Every adult applicant is screened by an independent international firm working for the government, not for your agent. It covers criminal history, sanctions and watchlists, litigation and insolvency, business background, and the origin of the funds.
Most refusals are disclosure failures rather than substantive ones: an unmentioned prior visa refusal, a former name, a gap in the address history, an undisclosed directorship. The screening finds these things. What decides the outcome is whether you raised them first.
Caribbean programmes also share refusal information, so a failed application is a material problem when approaching a sibling programme afterwards. That is the case for treating the pre-assessment as the substantive step it is.
Disclose everything, including matters you believe were dismissed, resolved or expunged. A disclosed problem is usually manageable; the same problem found by the screening firm after you omitted it usually is not.
The process, and how long it takes
Grenada's published processing time is 4–6 months, which is slower than St Kitts' accelerated route and comparable to Dominica's. It measures from a complete and correctly documented file; requests for further evidence effectively restart it.
The order runs: engage a licensed agent, assemble and verify documents, file, pay processing and due-diligence fees, undergo screening, receive approval in principle, then make the qualifying investment, then receive the certificate and passport.
The investment comes after approval in principle. You are not committing capital before the government has signalled it will accept you.
What the passport is worth for travel
A Grenadian passport currently offers visa-free or visa-on-arrival access to roughly 140 countries and territories, including the Schengen Area and the United Kingdom.
Treat that as a snapshot rather than a fixed property. Access is granted bilaterally by each destination and can be withdrawn: the UK removed visa-free access from another Caribbean citizenship-by-investment country in 2023, and both the UK and EU have tied continued access to the integrity of these programmes. If particular destinations matter to your plans, verify those individually rather than relying on a headline count.
Tax, residence, and what citizenship does not change
Grenada does not tax worldwide income of non-residents and imposes no residence requirement to hold the citizenship.
This is not, by itself, a tax outcome. Tax residence follows where you actually live. Taking Grenadian citizenship while continuing to live in Canada or the UK leaves your tax position there unchanged, and some countries tax on citizenship rather than residence or levy an exit tax on ceasing residence.
If tax is part of your reasoning, model it with a cross-border tax specialist before applying — a different question and a different profession from immigration.
Who this suits — and who should look elsewhere
Grenada makes most sense for someone who specifically wants the E-2 route into the United States, or who wants a Caribbean second citizenship and values Grenada's particular treaty position enough to pay more than the cheapest programme charges.
It is the wrong route if
- You want the cheapest Caribbean passport. Grenada is not it, and if the E-2 is irrelevant to you, you are paying for something you will not use.
- You are an Iranian national — the programme currently bars you.
- You want to live in the United States permanently. E-2 is a non-immigrant visa; if permanent residence is the goal, look at the immigrant routes instead.
- You want a European passport. No Caribbean programme leads to one.
- The capital is not genuinely spare — the contribution is non-refundable and the property route is illiquid for five years.
Country Location
Why ITC iLand for This Program?
ITC iLand has guided over 100 families through global citizenship and residency by investment programs — from Caribbean second passports to European Golden Visas. We work with government-authorized agents in each jurisdiction and bring 25+ years of international immigration expertise to ensure your application is compliant, complete, and processed without delays.
Frequently Asked Questions
The E-2 visa allows citizens of treaty countries (including Grenada) to live and work in the US by investing in a US business. With Grenadian citizenship, you can apply for the E-2 visa at a US consulate and renew it indefinitely as long as the business operates.
Two routes: (1) National Transformation Fund donation from USD $150,000 for a single applicant (USD $200,000 for families); (2) Approved real estate from USD $220,000 (held for 5 years).
Yes, Grenada fully permits dual citizenship. You keep your existing passport.
No. There is no residency or visit requirement under the CBI program.
Yes. Children born to a Grenadian citizen are entitled to Grenadian citizenship by descent.
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