Grenada Citizenship by Investment: published requirements

Grenada's citizenship by investment framework offers investment routes with published fees, family eligibility, residence requirements and an application process.

Locator map showing the position of Grenada — Locator map of Grenada. Original drawing from Natural Earth public-domain boundary data.

Legal framework and decision-making

Grenada's Citizenship by Investment Act establishes a route to permanent residence and citizenship by registration following investment in Grenada. The Act provides for the Citizenship by Investment Committee, local agents and marketing agents, while the Minister responsible for citizenship makes the final decision on an application.^[2]

The Committee examines applications and recommends an outcome to the Minister, who may grant, deny or delay an application. The Act states that the Committee must notify the agent in writing of the decision within 60 days after submission of a complete application.^[2]

Investment routes

Grenada offers two investment routes, a National Transformation Fund contribution and an investment in an approved project. The Act defines investment as payment into the Fund or payment toward an approved project in Grenada.^[1]

National Transformation Fund

The Fund is a government fund for financing projects intended to benefit Grenada's economy and support its diversification. The contribution is a one-time payment made through an Authorised Local Agent. An applicant may apply for citizenship directly under this route or first apply for permanent residence and seek citizenship later.^[1]

The Act sets a staged route to citizenship through the Fund. The applicant must obtain permanent residence, reside in Grenada for at least 14 days after obtaining it, then apply for citizenship after 12 months and deposit the required contribution.^[2]

Approved project investment

For the approved project route, the Minister identifies and approves projects by Order, with approval published in the Gazette. The Committee reviews projects and makes recommendations to the Minister. Applicants invest through an Authorised Local Agent.^[1]

Eligibility and family members

The main applicant must be at least 18 years old, in good health and able to fund the required investment from a legal source. The main applicant must also have no criminal record.^[1]

The Act defines dependants to include a spouse and children under 18. It also includes children aged 18 to under 26 who attend a recognized higher education institution full time and receive full support from the main applicant. An adult child with a physical or mental challenge may qualify when living with and fully supported by the main applicant.^[2]

Parents or grandparents of the main applicant or spouse are within the Act's dependant definition when they are over 65, live with the main applicant and receive full support. Some contribution categories separately cover siblings, parents and grandparents.^[1]^[2]

Application steps and interview

Applications pass through agents. An applicant first contacts an Authorised International Marketing Agent, who liaises with an Authorised Local Agent; the local agent submits the application to the Committee. The Act also provides that only a Local Agent's licence holder may submit an application.^[1]^[2]

Applicants complete forms, attend a medical examination and provide supporting documents in English, with appropriate legalization. The Act requires a medical certificate and police certificate, and says non-English documents need an authenticated translation.^[1]^[2]

An interview is mandatory. Circular No. 9 sets an interview and identification verification process for the main applicant, spouse, sponsor and dependants aged 17 or older. The interview fee is US$1,000 for each named interview category, including a dependent parent and financial sponsor.^[1]^[3]

Published costs

The NTF required contribution is US$235,000 for individual applicants, applicants with a spouse, and a family of four, subject to a family-category exception. Each additional dependant after the third adds US$25,000 or US$50,000, and an additional sibling adds US$75,000.^[1]

For the NTF route, the application fee is US$1,500 per person and due diligence fees are US$5,000 per person, with no due diligence fee for dependent children aged 0 to 16. Processing fees are US$1,500 per person aged 17 or older and US$500 for those under 17 in the family categories shown.^[1]

The real estate route requires an investment of US$350,000 or US$270,000, a government fee of US$50,000 and route-specific application, due diligence, processing and interview fees. Due diligence is US$5,000 per adult and US$5,000 for dependants aged 17 or older, with no due diligence fee for dependent children aged 0 to 16.^[1]

Citizenship registration

After approval, the applicant receives instructions to make the Fund contribution or complete the real estate purchase. Once payment is evidenced, the Committee issues a certificate of registration. The Act requires a successful citizenship applicant to take an oath or affirmation of allegiance.^[1]^[2]

Questions and answers

What investment routes does Grenada publish?

Grenada offers a National Transformation Fund contribution and investment in an approved project. The Act defines investment to include payment into the Fund or payment toward an approved project in Grenada.^[1]^[2]

Does the Fund route include permanent residence before citizenship?

Yes. The Act says the applicant must first obtain permanent residence, stay in Grenada for at least 14 days after receiving it, and apply for citizenship after 12 months. An applicant may also apply for citizenship directly or obtain permanent residence first and apply for citizenship later.^[2]

Which family members can be included?

The Act includes a spouse and qualifying children, including some adult children in full-time higher education or with a physical or mental challenge. It also includes qualifying parents or grandparents over 65 who live with and receive full support from the main applicant.^[2]

Is an interview part of the process?

An interview is mandatory. Interviews cover the main applicant, spouse, sponsor and dependants aged 17 or older, with a US$1,000 interview fee for each named category.^[1]^[3]

What does the real estate route cost?

The real estate route requires an investment of US$350,000 or US$270,000, plus a US$50,000 government fee. Application, due diligence, processing and interview charges also apply.^[1]

Related glossary terms

Golden visa: Golden visa is a common label for residence permits connected to investment, though official programs use different names and conditions for each route.
Residence by investment: Residence by investment links an investment to residence status or a permit. Each country sets its own investment rules, as well as income and family rules.