Grenada's CIP is distinguished by its unique treaty with the USA, granting citizens eligibility for the E-2 Investor Visa. A second passport with visa-free access to ~147 countries, including China and Russia, can be obtained in approximately 3–4 months with no residency requirement.
Processing Time:Approximately 3–4 months from application to passport issuance.
Visa-Free Access:Visa-free or visa-on-arrival travel to around 147 countries, including the Schengen Area (90/180 days), the UK (180 days), China (30 days), Russia (90 days), Singapore, and Hong Kong.
Key Benefits:- USA E-2 Treaty Investor Visa Eligibility: Grenada is the only Caribbean CIP country with a U.S. treaty allowing its citizens to apply for the non-immigrant E-2 visa to live, work, and manage an investment in the United States.
- Citizenship for life with the right of abode in Grenada and other OECS member states.
- No residency or physical presence requirement at any stage.
- No worldwide income, capital gains, wealth, or inheritance taxes for non-residents.
- Inclusion of a wide range of family members, including siblings and grandparents.
- Dual citizenship is permitted.
Investment Options & Minimum Financial Requirements:Applicants must choose one of two government-approved routes:
1.Donation to the National Transformation Fund (NTF):- Contribution: USD $235,000 for a single applicant or a family of up to four.
- Additional Dependents: Extra contributions apply (e.g., +$25,000 per dependent beyond four; higher for parents under 55 or siblings).
- Government Fee: $1,500 per person.
- Note: This is a non-refundable contribution.
2.Real Estate Investment:- Minimum Investment: USD $270,000 for a share in an approved, jointly-owned project (e.g., hotel shares) or USD $350,000 for full ownership of an approved property.
- Government Fee: $50,000 for a family of up to four.
- Holding Period: Minimum 5 years.
Additional Government Fees:- Due Diligence Fee: $5,000 per applicant aged 17 and over.
- Processing Fee: Included in the government fees above.
- Interview Fee: Included in the due diligence process (mandatory online interview for applicants 17+).
Eligible Family Members:Spouse; children under 30 (financially dependent or in full-time study); parents and grandparents (of main applicant or spouse, regardless of age); unmarried siblings (over 18, childless, and financially dependent).
Physical Presence (Residency) Requirement:None. There is no requirement to visit or reside in Grenada before or after obtaining citizenship.
Pathway & Key Obligations:- Mandatory Interview: All applicants aged 17+ must complete a virtual interview with the Grenada Investment Migration Authority (IMA).
- Due Diligence: Strict multi-layer background checks. A clean criminal record and legitimate source of funds are mandatory.
- Oath of Allegiance: Required before passport issuance (can often be signed remotely or at a consulate).
- Investment Holding: Real estate must be held for the minimum 5-year period.
Taxation:No personal income tax, capital gains tax, wealth tax, or inheritance tax on foreign-sourced income for individuals who are not tax residents (i.e., do not spend more than 183 days per year in Grenada).
The USA E-2 Visa Advantage:Grenadian citizens can apply for the U.S. E-2 visa by making a "substantial" investment in an active U.S. business. This provides a legal pathway to live, work, and educate children in the USA. It is a unique and highly valued benefit of the Grenada CIP.
Additional Notes:- Grenada is a member of the OECS, providing rights to live and work in other member states.
- The program underwent significant reforms in 2023-2024 (increased minimum donation, mandatory interviews) to enhance integrity and comply with international standards.
- All applications must be submitted through a government-licensed Authorized Agent.