How Grenada citizenship by investment works

Securing a second citizenship can improve global mobility, create long-term financial flexibility and provide new residency and business opportunities.

For UK residents, one of the many options is Grenada’s citizenship by investment programme. It’s popular due to its relatively fast application process, competitive investment thresholds, flexible family options and quality of life once there.

Below, we walk you through everything you need to know, including the requirements, processing times, costs and benefits so you can make an informed decision before applying.

How do citizenship by investment visas work?

Citizenship by investment (CBI) programmes grant applicants full citizenship in exchange for making a qualifying contribution to the country. This can involve:¹

• A donation to a national development fund
• Buying government-approved real estate
• Investing in business or bonds

Applicants typically undergo a series of background and due-diligence checks and must meet specified government requirements.² Once approved, successful applicants receive citizenship and a passport.

While each country’s scheme varies, the core idea remains the same: the government uses investor contributions to fund development while investors receive access to citizenship benefits in return.

For more information on other countries that offer similar schemes, check out our guide to citizenship by investment visa countries.

Grenada citizenship by investment

The Grenada citizenship by investment programme was launched in 2013,³ and has since become very popular amongst global investors, families and entrepreneurs.

Applicants can choose between two main investment routes:³

1. National Transformation Fund (NTF) - a government fund that supports economic and social development projects

2. Government-approved real estate investments - typically high-end resorts and developments

Once approved, applicants gain full citizenship rights and are able to apply for a Grenadian passport as well as pass citizenship to future generations.³

Grenada citizenship by investment requirements

To qualify for Grenadian citizenship through investment, applicants must meet the following criteria:²

• Be at least 18 years old
• Make a qualifying contribution via donation or real estate investment
• Provide a clean criminal record
• Pass due-diligence checks conducted by Grenada’s government-authorised agencies
• Demonstrate that funds originate from legitimate sources
• Submit all required documentation, which may include:
  • Passport copies
  • Proof of address
  • Birth certificates
  • Bank statements
  • Medical examinations
  • Police clearance certificates
  • Proof of investment
• Pay the relevant government fees and due-diligence fees for each applicant and dependent.

Dependents

Grenada allows applicants to include:³

• Spouses
• Children under 30 years old who meet dependency criteria
• Parents and grandparents
• Siblings aged 18 and older (if unmarried and without children) - a unique feature compared with other CBI programmes.

This flexibility is one of the reasons Grenada is especially attractive for multi-generational families.

How long does it take?

The process typically takes 3-6 months,⁴ assuming all required documentation is submitted correctly and background checks are completed without delay.

There are several factors that can influence the timeline, however, including:

• The complexity of your financial background
• Documentation preparation time
• Due-diligence processing
• Whether you apply individually or as a family.

How much is a citizenship by investment visa in Grenada?

The cost of your citizenship by investment visa depends on what investment route you choose. For example, the NTF contribution has a minimum investment of $235,000 USD for a family of four.⁵

Then there are additional costs including due-diligence fees, processing fees and passport issuance fees.⁵

The real estate investment pathway requires a minimum investment of US $270,000 USD in government-approved property. There are also government fees starting from around $50,000 USD, depending on family size.⁵

For UK residents applying for Grenadian citizenship, you’ll likely need to send funds internationally to complete your investment.

With the Wise account from the money services provider Wise, you can send and receive money from 140+ countries with mid-market exchange rates and low, transparent fees*.

Benefits of Grenada’s citizenship by investment visa

There are several advantages of applying for Grenadian citizenship through investment:⁶

• Fast processing times
• No residency requirement during or after the application
• Option to include extended family members
• Full citizenship rights, with the ability to pass citizenship to future generations
• Access to international travel
• No tax on worldwide income, inheritance, wealth or capital gains
• A stable political environment and strong legal protection
• The option to rent out or resell real estate after the required holding period
• Great quality of life on a Caribbean island known for beaches, culture and warm climate.

Can you retain your original citizenship and passport?

Yes, Grenada recognises dual citizenship.⁶ This means UK citizens can keep their British passport and citizenship while obtaining Grenadian citizenship.

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Grenada citizenship by investment FAQs

Is the Grenada citizenship by investment programme legitimate?

Yes, the scheme is an officially regulated government programme operating under the Grenada Citizenship by Investment Act of 2013.³

Do I need to visit Grenada during the application?

No, there is no requirement to visit or stay in Grenada to apply.⁷

Can I apply without an agent?

Grenada requires applicants to work through an authorised local agent. Direct applications are not accepted.⁸

Sources used:

Sources last checked on date: 10-Dec-2025