Welcome to the Grenada

Citizenship By Investment Program

Grenada, often referred to as the “Isle of Spice,” is a truly captivating Caribbean nation known for its stunning landscapes, warm hospitality, and vibrant culture. This picturesque island nation has earned its nickname due to its reputation as a major exporter of nutmeg and other spices, making it an aromatic paradise.

Natural Beauty: Grenada is blessed with a wealth of natural beauty, including lush rainforests, pristine beaches, and crystal-clear waters. Its diverse landscapes offer a paradise for nature lovers, with opportunities for hiking through verdant forests, diving into vibrant coral reefs, and relaxing on sandy shores.

Grenada Citizenship by Investment Program: The Grenada Citizenship by Investment program, established in 2013, has quickly gained recognition and popularity among global investors seeking a second citizenship. Through this program, individuals and their families can obtain Grenadian citizenship by making an economic contribution to the country. In return, they gain access to numerous benefits, including visa-free travel to a wide range of countries, making it an attractive option for those seeking enhanced global mobility.

Growing Economy: Grenada’s economy is driven by various factors, including a thriving tourism industry, agricultural exports (especially spices), and a well-managed CBI program. The tourism sector has experienced remarkable growth, thanks to the country’s natural beauty and commitment to sustainability. This economic growth benefits both the nation and its citizens.

Favorable Tax System: Grenada offers an attractive tax system for its citizens, including no income, wealth, or inheritance taxes. This tax-friendly environment is particularly appealing to high-net-worth individuals seeking to optimize their financial situation.

Secure and Welcoming Environment: Grenada is known for its warm hospitality and safe environment. Citizens and residents enjoy a secure and peaceful way of life, making it an ideal destination to call home.

Overall, Grenada offers a unique combination of natural beauty, economic opportunities, and lifestyle benefits, making it a compelling destination for individuals and families looking to enhance their quality of life and global mobility.

1. Capital

Saint George’s

2. Population


3. Total Area

348.5 km²

4. Currency

East Caribbean Dollar

About Grenada

Grenada, often referred to as the “Island of Spice” for its historical significance in spice cultivation, is a captivating Caribbean nation that offers a unique blend of natural beauty, cultural diversity, and economic opportunities. Through the Grenada Citizenship by Investment (CBI) program, individuals and families can unlock the doors to this enchanting island and secure a brighter future.

Established in 2013, Grenada’s CBI program has gained recognition for its efficiency, transparency, and the wide array of benefits it offers to its citizens. By becoming a Grenadian citizen through this program, you gain access to a world of opportunities, including visa-free travel to numerous countries, a favorable tax environment, and a welcoming community.

Whether you’re captivated by Grenada’s stunning landscapes, enticed by its thriving economy, or enriched by its cultural richness, the CBI program provides a clear pathway to experience all that this island nation has to offer. It’s an invitation to discover the “spice of life” in Grenada and embark on a journey to secure a brighter future for yourself and your loved ones.

Economic Overview

Grenada, often referred to as the “Island of Spice” due to its rich history of spice production, is a Caribbean nation that boasts stunning natural beauty and a thriving economy. The pillars of Grenada’s economy include tourism, agriculture, and the Citizenship by Investment (CBI) program.

Tourism plays a pivotal role in Grenada’s economic landscape, with the island’s lush landscapes, pristine beaches, and vibrant culture drawing visitors from around the world. The focus on eco-tourism, hiking, bird watching, and scuba diving offers a unique and sustainable tourism experience.

Agriculture, particularly the cultivation of nutmeg, mace, and cocoa, has been a traditional mainstay of Grenada’s economy. The island’s commitment to preserving its natural resources and promoting organic farming practices aligns with its reputation as the “Spice Isle.”

The Citizenship by Investment program, established in 2013, has emerged as a significant contributor to Grenada’s economic development. This program provides foreign investors with opportunities to obtain Grenadian citizenship by making non-refundable contributions to the Economic Diversification Fund (EDF) or investing in pre-approved real estate projects. The funds generated through this program have been instrumental in enhancing various sectors, including infrastructure, education, and healthcare, ultimately benefitting both citizens and investors.

Grenada’s blend of natural beauty, cultural richness, and economic opportunities makes it an attractive destination for those seeking a brighter future for themselves and their families through the CBI program.

Geographical Location and Climate

Grenada, located at the southern end of the Grenadines in the southeastern Caribbean Sea, is a stunning archipelago consisting of three main islands: Grenada, Carriacou, and Petit Martinique. These islands offer a diverse range of landscapes, including volcanic peaks, lush rainforests, beautiful beaches, and charming harbors.

Grenada benefits from a tropical climate, characterized by warm and consistent temperatures throughout the year. Average temperatures typically range from 75°F (24°C) to 85°F (29°C). The island experiences two primary seasons:

  1. Wet Season (June to November): This period coincides with the Atlantic hurricane season and brings increased rainfall to the region. While it can be rainy during these months, it also contributes to the lush greenery and vibrant landscapes of Grenada.

  2. Dry Season (December to May): This season is characterized by lower rainfall and more consistent sunshine. It’s a popular time for tourists, as the weather is generally warm and pleasant.

The climate of Grenada, along with its breathtaking natural beauty, makes it an ideal destination for those seeking a tranquil and tropical lifestyle.

Language and Culture

Welcome to Grenada Citizenship by Investment

Grenada is indeed a captivating Caribbean destination with its stunning landscapes, rich culture, and growing economy. The Grenada Citizenship by Investment program offers an opportunity for individuals and families to become citizens of this beautiful island nation and enjoy its many benefits.

Key Information about Grenada:

Capital: Saint George’s Population: 112,532 Total Area: 348.5 km² Currency: East Caribbean Dollar (XCD) Geographical Location and Climate: Grenada is located at the southern end of the Grenadines in the southeastern Caribbean Sea. The country consists of three main islands: Grenada, Carriacou, and Petit Martinique. These islands offer diverse landscapes, including volcanic peaks, lush rainforests, pristine beaches, and charming harbors. Grenada enjoys a tropical climate with year-round temperatures ranging from 75°F (24°C) to 85°F (29°C). The climate includes two primary seasons: the wet season from June to November, which coincides with the Atlantic hurricane season, and the dry season from December to May.

Language and Culture: While English is the official language of Grenada, the local population often speaks Grenadian Creole, a unique language that evolved from French Patois and African dialects. Grenada’s culture is rich and vibrant, expressed through music, dance, cuisine, and folklore. The annual Carnival celebration, known as “Spicemas,” is a highlight, featuring colorful costumes, traditional steel pan bands, and lively calypso music. This cultural diversity and celebration make Grenada an exciting and welcoming place to live or visit.

The Grenada Citizenship by Investment program offers a pathway to becoming a part of this vibrant culture and enjoying the many benefits of Grenadian citizenship, including visa-free travel to over 146 countries, a favorable tax environment, and opportunities for investment and education.

Why Choose Grenada

Citizenship By Investment Program

Fast Application Process

Grenada’s Citizenship by Investment Program offers an efficient and streamlined process for obtaining a Grenadian passport, with a processing time of 3 to 5 months. One of the key advantages of this program is that it does not require applicants to visit or reside on the islands, making it a convenient option for individuals seeking second citizenship.

Additionally, Grenada allows dual citizenship, which means that applicants do not have to renounce their original nationality. This flexibility allows individuals to maintain their existing citizenship while also enjoying the benefits of Grenadian citizenship.

There are no residency requirements, language tests, or academic requirements for eligibility, making the program accessible to a wide range of applicants. This straightforward process and inclusive approach make Grenada’s Citizenship by Investment Program an attractive choice for those looking to obtain a second passport.

Visa Free Travel

Grenada’s Citizenship by Investment Program offers the valuable benefit of visa-free access to over 146 countries for its citizens. This includes visa-free travel to the United Kingdom, all Schengen Area member states, and Hong Kong, among other countries. This extensive list of visa-free destinations provides Grenadian citizens with the freedom to travel internationally for various purposes, whether it’s for business, leisure, or other activities, without the need for pre-arranged visas in many cases. This convenience enhances the global mobility and opportunities available to Grenada passport holders.

Family Safety and Future Security

The Grenada Citizenship by Investment Program offers a family-friendly approach, allowing the main applicant to include their spouse, dependent children, parents, and siblings in the application. This inclusivity means that families can pursue Grenadian citizenship together, providing them with access to the program’s benefits and opportunities.

One notable advantage for families is the option for their children to receive a 90% reduction in tuition fees at Saint George’s University, a prestigious institution known for its medical programs. This educational benefit can significantly ease the financial burden of higher education for families and help them access quality medical education.

Moreover, the citizenship obtained through the Grenada program can be passed down to future generations, ensuring a legacy of increased global mobility, security, and opportunity for the entire family. This generational aspect makes the program an attractive choice for families looking to secure their future.


Grenada takes pride in having one of the Caribbean’s top healthcare systems, providing quality medical services to its residents and visitors. The country’s healthcare infrastructure includes health centers and medical stations distributed across the island, ensuring accessibility to healthcare services for its population.

Grenada’s healthcare professionals are highly trained and skilled, providing a wide range of medical services, including primary care, specialized treatments, and emergency care. The country’s healthcare system is well-equipped to handle various medical needs, making it a reliable destination for healthcare services.

The commitment to maintaining a strong healthcare system contributes to the overall well-being and quality of life for residents and makes Grenada an appealing destination for individuals and families seeking healthcare services and a safe and healthy environment.

USA E-2 Visa

One of the significant benefits of holding a Grenadian passport is the eligibility to apply for the U.S. E-2 non-immigrant visa. The E-2 visa program allows Grenadian citizens, along with their families, to live and work in the United States. This presents a valuable opportunity for individuals and investors looking to establish or expand their business operations in the U.S.

The E-2 visa program requires applicants to make a substantial investment in a U.S. enterprise, and the visa is typically granted for an initial period of up to five years, with the possibility of renewal. This arrangement not only facilitates business expansion into the United States but also provides access to the U.S. education system, healthcare, and other benefits for the visa holder and their family members.

It’s important to note that specific eligibility criteria and application processes apply to the U.S. E-2 visa program, and applicants should seek guidance from legal and immigration professionals to navigate the process successfully.


Grenada’s tax environment offers numerous advantages to its citizens, making it an attractive destination for high-net-worth individuals and investors. Here are some key features of Grenada’s tax system:

  1. No Income Tax: Grenada does not levy personal income tax on its residents, which means that individuals do not have to pay taxes on their salaries, wages, dividends, or other sources of income.

  2. No Wealth Tax: Grenada does not impose a wealth tax, which means that individuals are not taxed on their accumulated assets or net worth.

  3. No Inheritance Tax: Grenada does not have an inheritance tax, ensuring that individuals can pass on their assets and wealth to their heirs without any tax obligations.

  4. No Capital Gains Tax: Grenada does not levy capital gains tax on the sale of assets such as real estate, stocks, or investments, providing a favorable environment for investment and wealth growth.

  5. Low Corporate Tax: While individuals benefit from a tax-friendly environment, Grenada also offers competitive corporate tax rates, making it an attractive location for businesses.

These tax advantages, coupled with Grenada’s Citizenship by Investment Program, have made the country an appealing destination for those seeking both personal financial benefits and opportunities for business and investment growth. However, it’s essential to stay updated on tax regulations and consult with tax professionals to ensure compliance with all applicable laws and regulations.


Dual Citizenship

Grenada recognizes and permits dual citizenship, which means that individuals who become citizens of Grenada through its Citizenship by Investment Program (CIP) can retain their previous nationality without any legal conflicts. This policy enables individuals to enjoy the benefits of Grenadian citizenship, including visa-free travel to numerous countries and access to Grenada’s tax-friendly environment, while also maintaining their ties to their home country.

Dual citizenship can provide significant advantages, such as increased travel options, access to diverse business opportunities, and the ability to reside in multiple countries. However, it’s essential for individuals considering dual citizenship to understand the legal and tax implications in both their home country and Grenada to ensure compliance with all relevant laws and regulations.

Before pursuing dual citizenship in Grenada or any other country, individuals should consult with legal and financial advisors who specialize in citizenship and immigration matters to fully understand the implications and benefits of holding multiple nationalities.

Taxes In Grenada

Grenada’s tax regime, especially for citizens and residents, offers several notable advantages, including:

  1. No Capital Gains Tax: Grenada does not impose capital gains tax on the sale of assets such as real estate, stocks, or other investments. This can be particularly advantageous for investors and individuals looking to generate returns from their investments without worrying about capital gains tax liabilities.

  2. No Inheritance Tax: Grenada does not levy inheritance tax on assets passed down to beneficiaries through inheritance. This means that individuals can pass on their wealth to their heirs without the burden of significant tax obligations.

  3. No Wealth Taxes: Grenada does not have a wealth tax, which means that individuals are not required to pay taxes on their net worth or assets held both within and outside the country. This can be especially beneficial for high-net-worth individuals.

  4. No Worldwide Income Tax: Grenada generally does not tax worldwide income for non-residents. However, it’s important to note that individuals who are considered tax residents of Grenada may be subject to income tax on income earned both within and outside the country. Tax residency rules can vary, so it’s crucial to understand your tax status in Grenada.

While Grenada offers these favorable tax conditions, individuals should consult with tax professionals and financial advisors to ensure that they comply with all relevant tax laws and understand their tax obligations, especially if they become tax residents of Grenada. Additionally, tax laws and regulations may change over time, so staying updated is essential for effective tax planning.

1. Individual Taxation

Grenada’s income tax system for citizens with Grenadian-sourced income follows a progressive structure, as you’ve described:

  1. The first XCD 36,000 per annum is exempt from taxation. This means that the initial XCD 36,000 of your annual income is not subject to income tax.

  2. The next XCD 24,000 is taxed at a rate of 10%. In other words, if your annual income falls within this range, you will pay income tax on this portion at a rate of 10%.

  3. Any remaining income, beyond the exempt and 10% tax range, is taxed at a rate of 28%. This higher rate applies to the portion of your income that exceeds both the exempt and 10% taxed ranges.

It’s important to note that tax rates and thresholds can change over time, and individual circumstances can vary. Therefore, individuals with Grenadian-sourced income should consult with local tax authorities or a tax professional to ensure they have the most up-to-date information and to accurately determine their tax liability based on their specific income and financial situation.

2. Business Taxation

In Grenada, companies operating within the country are subject to a flat corporate tax rate of 30%. This rate is applied to the taxable income of the company, which is typically calculated based on the company’s profits after deducting allowable expenses and deductions.

It’s important for businesses operating in Grenada to comply with local tax laws and regulations, including filing corporate income tax returns and paying taxes on their profits as required by the government. Additionally, businesses may be eligible for certain tax incentives or exemptions based on their activities or investments in priority sectors, so it’s advisable to consult with local tax authorities or professionals to understand their specific tax obligations and any potential benefits available to them.

3. Withholding Tax

Grenada imposes a withholding tax of 15% on non-residents receiving payment for various services, including interest (excluding bank deposits), rental income, lease premiums, and other types of income. This withholding tax is deducted at the source when these payments are made to non-residents.

It’s important for non-residents receiving such payments to be aware of this withholding tax obligation, as it affects the amount they receive. The withholding tax is typically collected by the payer (the entity or individual making the payment) and remitted to the government on behalf of the non-resident recipient.

As tax regulations can change and may vary depending on specific circumstances, it’s advisable for individuals or businesses involved in cross-border transactions in Grenada to seek professional tax advice to ensure compliance with local tax laws and to understand any available exemptions or deductions that may apply to their situation.

4. Value Added Tax

In Grenada, the Value Added Tax (VAT) is generally set at a rate of 15%. However, there are certain exceptions and reduced rates for specific goods and services. For example, hotels and service providers offering villa-type accommodations and diving activities benefit from a reduced VAT rate of 10%.

VAT is a consumption tax applied to the value added at each stage of the supply chain for goods and services. It’s typically paid by the end consumer, but businesses are responsible for collecting and remitting the tax to the government.

As tax regulations can change and may vary depending on specific circumstances, it’s important for businesses and individuals in Grenada to understand how VAT applies to their particular situation and to stay informed about any updates or changes in VAT rates and regulations. Consulting with a tax professional or accountant in Grenada can provide valuable guidance on VAT compliance and related matters.

5. Property Transfer Tax

In Grenada, citizens typically benefit from reduced property transfer tax rates compared to foreigners when selling real estate. The property transfer tax rate for citizens is generally around 5%. This lower tax rate can be advantageous for Grenadian citizens when buying or selling property within the country.

It’s important to note that property transfer taxes can vary depending on the specific circumstances and location of the property. Additionally, tax laws and rates can change, so it’s advisable to consult with a local tax authority or legal professional in Grenada to ensure compliance with the most up-to-date tax regulations when buying or selling real estate.

For dual citizenship holders in Grenada, property taxes are levied based on the market value of the property. These property taxes typically consist of two components:

  1. Land Ownership Tax: This component is calculated at a rate of 0.2% of the market value of the land owned.

  2. Building Tax: The building tax is calculated based on the total assessed value of the buildings on the property. The rate for this component is generally around 0.3%.

It’s important for dual citizenship holders who own property in Grenada to be aware of these property tax obligations and ensure that they comply with local tax regulations. Property tax rates and regulations can change, so it’s advisable to consult with local tax authorities or seek professional guidance to stay informed about any updates to the tax laws that may affect property ownership and taxation.

Dominica Process & Benefits

Month 1


  1. Sign a retainer agreement for Roziere Global to act as your legal advisor for the application and legal process.
  2. Payment of the retainer fee.
  3. Prepare the required documentation.
  4. Payment of government, due diligence, citizenship application and legal fees.
  5. *For the real estate investment option, you are required to reserve a property in advance.

Month 2 - 4

Application Process

  1. Government due diligence process.
  2. Citizenship approval is issued.

Month 5 - 6

Receive Grenadian citizenship.

Upon receiving your citizenship approval, you can continue with your selected investment option (NTF contribution or complete the purchase of the real estate property)

  1. Take the Oath of Allegiance.
  2. Citizenship Certificate of Registration is issued.
  3. Receive your Grenadian passport.

Grenada Passport

Thanks to the Grenada citizenship by investment program, expats becoming Grenada passport holders enjoy remarkable travel benefits, with visa-free access to 142 destinations worldwide.

These diverse travel opportunities vary depending on the country of destination, with some nations allowing Grenada citizens to enter without a visa. In contrast, others require a visa-on-arrival or Electronic Travel Authorization (eTA).

Citizens of Grenada can take advantage of visa-free travel across many popular destinations such as the United Kingdom, China, and Schengen Area countries.

However, the period of stay in these countries without a visa is subject to their respective nation’s visa regulations, and it may be limited based on the duration and purpose of the visit.

1. Grenada Visa-Free

Remember that the list of countries where you can go without a visa might change. This can happen because countries make new agreements about visas or because they have temporary rules for travel. So, before you go on a trip, it’s really important to double-check to make sure you have the most recent and accurate information about the visa requirements for your destination.

2. Grenada Visa-on-Arrival Countries

If you have a Grenada passport, you can get a visa when you arrive in certain countries. This means that when you land at the airport or border, you’ll need to fill out some paperwork and pay any necessary fees to get permission to enter. Keep in mind that the rules for this can be different in each country, so make sure to check what’s required before you travel.

3. eVisa and Countries Requiring Electronic Travel Authorization (eTA):

An eVisa, or electronic visa, is a way to get your visa online before you travel to certain countries. This means you don’t have to go to an embassy or consulate in person, making it easier and faster.

For some countries where you don’t need a visa but require permission to travel, you might need to get an eTA, which stands for Electronic Travel Authorization. An eTA is not exactly a visa, but it’s a digital check to make sure you’re allowed to enter that country. To get an eTA, you usually provide some basic information about yourself and your travel plans and pay a fee online.

4. The application process typically involves:

Getting an e-Visa usually involves these steps:

  1. Providing your personal and passport information.
  2. Uploading necessary documents, like a passport photo.
  3. Paying the visa fee.

Once you’ve done this, the e-Visa is sent to you electronically, often through email. Before you travel, it’s important to double-check the visa requirements for the country you’re visiting.

Staying Updated on Visa-Free Access Changes:

Remember that visa-free travel destinations for Grenada passport holders can change. This can happen because of new visa agreements, temporary rules, or different entry requirements set by the country you plan to visit.

To have a smooth and enjoyable trip, always stay informed about any extra conditions or temporary changes in the rules for your destination. This way, you can be well-prepared for your travels.

Investment Options

The Grenada CBI offers potential foreign investors with 2 primary routes to obtain citizenship.

1. Grenada’s National Transformation Fund

2. Government-Approved Real Estate Investment

Both investment options offer a range of benefits:

Visa Freedom: You can visit over 140 countries without needing a visa or by getting one upon arrival.

No Need for Permanent Residence: You don’t have to live permanently in Grenada to enjoy these benefits.

Tax Advantages: Grenada doesn’t have wealth or income tax.

Family Inclusion: Your family can also be included in the application.

The application process usually takes around three to six months, and you can do it from afar.

Option: 01

National Transformation Fund (NTF) Contribution      

The first investment option involves making a financial contribution to the National Transformation Fund (NTF), which supports various sectors like infrastructure, healthcare, and education. Here are the contribution amounts:

  • Main applicant: $150,000.00
  • Family of up to 4 (spouse and children only): $200,000.00
  • Each additional dependent child or parent/grandparent (above 55 years): $25,000.00
  • Each additional dependent parent/grandparent (below 55 years): $50,000.00
  • Each additional dependent sibling: $75,000.00

Contribution is non-refundable. Government, Due Diligence and Processing Fees apply.

Option: 02

Real Estate Investment

The second investment option involves investing in government-approved real estate. Here are the details:

  • Minimum investment in an approved real estate project: $220,000.00
  • Property must be held for at least five years.
  • Only the primary applicant and successful applicants are responsible for government fees, due diligence fees, and processing fees.
  • Investors may expect a return of up to 2-4% annually.
  • The property can be sold after 5 years.

Government, Due Diligence and Processing Fees apply.

Requirements for Grenada Citizenship by Investment

To qualify for the Grenada Citizenship by Investment program, applicants must meet the following criteria:

  1. Complete one of the approved investment options.
  2. Be in good health.
  3. Have a clean personal and professional background with no criminal records.
  4. Pay the necessary government and due diligence fees.
  5. Enroll dependent children under the age of 30 and dependent parents over the age of 55, if applicable.

The program extends to include:

  1. the spouse of the main applicant
  2. Children under 26, parents
  3. Grandparents aged 55 and over.
  4. Unmarried dependent siblings under 26 with no children, allowing for multiple generations to benefit from the investment.
  5. Future generations can also obtain citizenship by descent.


  • Typically, the Grenada citizenship application process requires three to six months from the submission of a complete application. The actual timeline can vary based on individual cases and the thoroughness of the due diligence process.

  • There is no specific amount of money needed to retire in Grenada. However, a comfortable retirement would depend on factors like lifestyle, healthcare, and housing preferences. Generally, the cost of living in Grenada is lower than in many Western countries. A budget of USD 2,000 to USD 3,000 per month should suffice for a comfortable retirement, covering housing, utilities, groceries, healthcare, and leisure activities.

  • Achieving permanent residency economic citizenship in Grenada can be accomplished through various methods such as long-term residence, family reunification, or investment. If you aren’t applying to acquire citizenship via the Citizenship by Investment Program, you must first reside in Grenada for a specific period (usually five years) and meet eligibility criteria like financial self-sufficiency and good character. After meeting these qualifications, permanent residency is attainable through appropriate channels, like the Grenada Immigration Department. It is crucial to seek advice from immigration experts or legal professionals for up-to-date guidance on the application process.

  • Yes, you can have dual citizenship in or obtain Grenada citizenship. The country permits individuals to maintain their current nationality in addition to Grenadian nationality. A Grenadian passport offers visa-free travel for you and your family to over 140 countries worldwide, making it a convenient choice for global travel. Ranked 74th by the Global Passport Index, the Grenadian passport allows access to 144 destinations, truly unlocking the world for its holders.