Citizenship by investment Grenada
Citizenship by investment Grenada

Citizenship by investment Grenada

Discover travel and business opportunities in 144 countries
From 235,000$
Investment size
3-6 months
Processing time
Visa E-2
opportunity to live in the USA
5 years
Tenure of the asset

Grenada citizenship program

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Grenada is an island nation in the eastern Caribbean Sea. Its neighboring countries include Saint Vincent and the Grenadines to the north, Barbados to the northeast, Trinidad and Tobago and Venezuela to the south and Curacao to the west.

The capital, St. George’s, hosts international airport and the hugest port in the country. Tourists are largely attracted by mild warm climate, unique destinations, kayaking, diving, and surfing opportunities.

The country possesses developing economy. The most significant sectors of economy are tourism, agriculture, and investments from the citizenship program.

Grenada is a member of Commonwealth community, which allows free access to UK market and free travel within the Schengen zone. Also, Grenada has membership in the Caribbean Community (CARICOM), and the Organization of Eastern Caribbean States (OECS).

There are three types of banks in Grenada: local banks under the auspices of Eastern Caribbean Central Bank (the official currency is the Eastern Caribbean Dollar (XCD), international banks, and offshore banking. Businesses, that are registered in offshore zone, enjoy tax-free regime. Offshore banking attracts businessmen, as it offers tax efficiency, privacy, and financial flexibility.

Real Estate Prices

  • Apartments and Condominiums: In the capital, St. George's, and popular resort areas like Grand Anse, apartment and condominium prices start at $250,000. These properties are often located in modern residential complexes offering amenities such as pools, fitness centers, and beach access.
  • Houses and Villas: The cost of houses and villas in Grenada varies depending on location and ocean views. Villas with sea views or those situated on hills can range from $500,000 to several million dollars. For example, luxury villas in prestigious areas like Pralong Road or Lance aux Épines are often priced between $1,000,000 and $3,000,000.
  • Land Plots: For those looking to build their own home, Grenada offers a variety of land plots. Land prices depend on location and can start at $100,000 in less developed areas, reaching several hundred thousand dollars for plots with ocean views or in popular regions.
    Grenada offers a citizenship-by-investment program that allows investors to obtain a passport. The minimum investment in real estate required for citizenship is $270,000. The investor must retain ownership of the property for at least five years.

The real estate market in Grenada is growing due to interest from international investors, particularly those seeking second citizenship.

The country offers attractive conditions for investors, including no capital gains tax and low rental income tax rates.

The real estate market in Grenada is expected to continue growing in the coming years. Investors are drawn by the political stability, favorable climate, and increasing popularity of the country as a tourist destination.

Who Can Obtain Citizenship

In addition to the primary applicant (investor), the following categories of individuals can obtain Grenadian citizenship through the investment program:

  • The spouse of the primary applicant.
  • Children under the age of 30, provided they are financially dependent on the primary applicant and are not married.
  • Parents and grandparents of any age who are financially dependent on the primary applicant.
  • Siblings of the primary applicant or their spouse, provided they are unmarried, have no children, are financially dependent on the primary applicant, and are over 18 years old.

All applicants must meet the program’s requirements and undergo a due diligence process.

Capital
St. Georges
Population
115,000
Official language
English
Currency
East Caribbean dollar

What does a Grenada passport give you?

1.
Without visa to 144 countries.
Visa-free to 144 countries in the world, including the Schengen zone, UK, Singapore, China.
2.
Fast and easy pathway to get USA visa.
Grenada is the only Caribbean country that has a bilateral agreement with the USA for the E-2 visa. This treaty gives citizens of Grenada opportunity to obtain an E-2 business visa in the USA. Also, a Grenadian citizen can apply for a tourist visa in the USA. Fast and easy way to get turistic visa for 10 years.
3.
Attractive tax regime.
Grenada’s tax regime stands out in the Caribbean region for its investor-friendly policies. It is a tax haven for investors and businessmen, because there is no tax on income from outside of the country.
4.
A wide range of relatives.
This program is valid for the applicant, his children under the age of 29 and parents, for the applicant's siblings and his wife, subject to certain conditions.
5.
Grenada citizenship is inherited.
Citizenship can also be passed on to future generations. It is an absolute advantage, since not all programs can offer this. For instance, the citizenship of St. Kitts and Nevis, Turkiye, Vanuatu, and Dominica can be inherited, whilst that of Antigua and Barbuda, St. Lucia is not inherited.
6.
Sponsorship option available.
Comparing to other Caribbean programs, Grenada is providing the sponsorship option for candidates unable to present their financial background or the proof of founds. Sponsorship options could be applicable case by case.
7.
Dual citizenship is allowed.
Many countries do not allow having two passports at the same time, thus asking the client to renounce his first citizenship. Grenada allows dual citizenship.
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Grenada passport visa-free countries list

144 countries available to Grenada citizens
Andorra
visa-free / 90 days
Angola
pre-visa / 90 days
Antigua and Barbuda
visa-free
Argentina
visa-free / 90 days
Armenia
eVisa / 120 days
Austria
visa-free / 90 days
Bahamas
visa-free / 90 days
Bahrain
eVisa
Bangladesh
visa-free / 90 days
Barbados
visa-free
Belgium
visa-free / 90 days
Belize
visa-free
Benin
eVisa / Visa on arrival
Bolivia
visa on arrival / eVisa / 90 days
Bosnia and Herzegovina
visa-free / 90 days
Botswana
visa-free / 90 days
Brazil
visa-free / 90 days
Bulgaria
visa-free / 90 days
Burundi
visa on arrival / 30 days
Cambodia
visa on arrival / eVisa / 30 days
Cape Verde
visa on arrival (EASE)
Chile
visa-free / 90 days
China
visa-free / 30 days
Colombia
visa-free / 90 days
Comoros
visa on arrival / 45 days
Democratic Republic of the Congo
eVisa / 90 days
Costa Rica
visa-free / 90 days
Cote d'Ivoire
pre-enrollment / 90 days
Croatia
visa-free / 90 days
Cuba
visa-free / 60 days
Cyprus
visa-free / 90 days
Czech Republic
visa-free / 90 days
Denmark
visa-free / 90 days
Djibouti
eVisa
Dominica
visa-free
Dominican Republic
visa-free
Ecuador
visa-free / 90 days
Egypt
visa on arrival / 30 days
Equatorial Guinea
eVisa
Estonia
visa-free / 90 days
Eswatini
visa-free / 30 days
Ethiopia
eVisa / 90 days
Fiji
visa-free / 120 days
Finland
visa-free / 90 days
France
visa-free / 90 days
Gabon
eVisa / 90 days
Gambia
visa-free / 90 days
Georgia
eVisa
Germany
visa-free / 90 days
Greece
Guinea
eVisa / 90 days
Guinea-Bissau
visa on arrival / 90 days
Guyana
visa-free / 90 days
Haiti
visa-free / 90 days
Hong Kong
visa-free / 90 days
Hungary
visa-free / 90 days
Iceland
visa-free / 90 days
India
eVisa / 30 days
Iran
eVisa / 30 days
Ireland
visa-free / 90 days
Israel
visa-free / 90 days
Italy
visa-free / 90 days
Jamaica
visa-free
Jordan
visa on arrival / eVisa
Kenya
visa-free / 90 days
Kiribati
visa-free / 120 days
Kosovo
visa-free / 90 days
Kyrgyzstan
eVisa
Laos
visa on arrival / eVisa / 30 days
Latvia
visa-free / 90 days
Lesotho
visa-free / 90 days
Liechtenstein
visa-free / 90 days
Lithuania
visa-free / 90 days
Luxembourg
visa-free / 90 days
Macao
visa-free / 90 days
Madagascar
visa on arrival / eVisa / 90 days
Malawi
visa-free / 90 days
Malaysia
visa-free / 30 days
Maldives
visa on arrival / 30 days
Malta
visa-free / 90 days
Mauritania
visa on arrival
Mauritius
visa-free / 90 days
Micronesia
visa-free / 30 days
Moldova
visa-free / 90 days
Monaco
visa-free / 90 days
Montenegro
visa-free / 90 days
Mozambique
visa on arrival / eVisa / 30 days
Nepal
visa on arrival / 150 days
Netherlands
visa-free / 90 days
Nicaragua
visa on arrival / 30 days
Nigeria
eVisa
Norway
visa-free / 90 days
Pakistan
eTA / 30 days
Palau
visa on arrival / 30 days
Palestinian Territories
visa-free
Panama
visa-free / 90 days
Papua New Guinea
eVisa / 30 days
Peru
visa-free / 180 days
Philippines
visa-free / 30 days
Poland
visa-free / 90 days
Portugal
visa-free / 90 days
Qatar
eVisa / 30 days
Romania
visa-free / 90 days
Russia
visa-free / 90 days
Rwanda
visa on arrival / eVisa / 30 days
Saint Kitts and Nevis
visa-free
Saint Lucia
visa-free
Saint Vincent and the Grenadines
visa-free
Samoa
visa on arrival / 90 days
San Marino
visa-free / 90 days
Sao Tome and Principe
eVisa
Senegal
visa on arrival / 30 days
Serbia
visa-free / 90 days
Seychelles
tourist registration / 90 days
Sierra Leone
visa on arrival / 30 days
Singapore
visa-free / 30 days
Slovakia
visa-free / 90 days
Slovenia
visa-free / 90 days
Solomon Islands
visa on arrival / 90 days
Somalia
visa on arrival / 30 days
South Korea
eTA / 90 days
South Sudan
eVisa
Spain
visa-free / 90 days
Sri Lanka
eTA / 30 days
Suriname
visa-free / 180 days
Sweden
visa-free / 90 days
Switzerland
visa-free / 90 days
Tajikistan
eVisa / 45 days
Tanzania
visa-free / 90 days
Timor-Leste
visa on arrival / 30 days
Togo
visa on arrival / 15 days
Trinidad and Tobago
visa-free
Turkey
visa on arrival / eVisa / 90 days
Tuvalu
visa on arrival / 30 days
Uganda
visa-free / 90 days
Ukraine
visa-free / 90 days
United Kingdom
visa-free / 180 days
Uruguay
visa-free / 90 days
Uzbekistan
visa-free / 30 days
Vanuatu
visa-free / 30 days
Vatican City
visa-free / 90 days
Venezuela
visa-free / 90 days
Zambia
visa-free / 90 days
Zimbabwe
visa-free / 90 days

Tax Rates

Grenada has a simplified tax framework, that distinguishes it from many other countries.

Grenada’s tax-friendly environment especially attract investors and businessmen.

Personal income tax operates on a progressive tax scale, which means that it depends on the amount of money a person earns. Progressive tax is from 10% to 28%. It starts for individuals who earn more than $24,000 in a year.

Resident companies are subject to a corporate tax of 28%.
Citizens of Grenada do not pay any tax when buying property, when selling - 5%.

The standard VAT is 15%. However, one should pay attention to the following exclusions: 20% tax rate for mobile operators, 10% for hotels, restaurants, and diving companies, 0% for the companies engaged into some specific activities.

Property tax is up to 0,8% of the market property value. This tax is divided into a land tax and a building tax.

There are no taxes on wealth, inheritance, capital gains, dividends.

Grenada has double tax treaties with the UK and the countries of CARICOM.

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Read our articles about the taxes in Grenada citizenship program

Business set up

Businesses in Grenada are fully-owned or joint venture.
Talking upon types of entities in Grenada, there are sole trader, partnership, private limited company, branch.

Choosing business activity
Get consultancy from our experts, identify business activity, and select an appropriate legal form. Grenada has strong policies by type of business, and it can affect substantially the business operations in the future.
Get a consultation for free
Choosing the name and registering the company 
Relevant documentation and notarial process is to be done on this stage. Collect all necessary documents for opening a company, choose the name of the company and obtain approval. After the documents have been accepted, the license is to be issued. A person needs to register business with the Grenada Corporate Affairs and Intellectual Property Office (CAIPO).
Registering for taxes and social security
It is required to register the company for taxes and get a Taxpayer Identification Number (TIN). Also, the company must enroll as an employer with the social security service.
Opening a bank account
Opening a bank account is an integral part of setting up a company in Grenada. Thus, within this process you must open a bank account and deposit start-up capital.

Investment options for Grenada

Non-refundable contribution to the National Transformation Fund (NTF).
Non-refundable contribution to the National Transformation Fund (NTF).
from $235,000
Non-refundable contribution to the National Transformation Fund (NTF) from $235,000.
Investment in InterContinental Grenada Resort
Investment in InterContinental Grenada Resort
from $270,000
Investment into InterContinental Grenada Resort. We work with government-approved projects, verified developers, industry leaders, and completed projects in the Caribbean. These are luxury hotels of international brands, completed and successfully managed since 2017.

Post-immigration services

Apart from company registration, opening a bank account for an individual,opening a bank account for a company, there are other post-immigration services available, as following:
Real estate services
Real estate services

Exclusive real estate services

Banking assistance
Banking assistance

Banking assistance (local and offshore accounts)

Company registration
Company registration

Company registration/incorporation (local and offshore companies)

Police reports
Police reports

Police reports for approved clients

Driving license
Driving license

Getting a driver's license

Tax ID
Tax ID

Tax Identification Number

Requirements for applicants

Family applications

Spouse can be added to the application, as well as children under 29, who financially depend on the applicant, parents and grandparents, brothers and sisters over 18, who are not married and without children, also dependent on the applicant financially.

Main applicant
Limitations on nationalities
Calculate the cost
Discover new travel, business travel and business opportunities with OneWorld.id
Grenada citizenship program
Grenada citizenship program
from $235,000

How to get Grenada citizenship

Step-by-step instruction
1
Consulting agreement conclusion
2
Submission of documents.
3
Due diligence, bank clearance.
4
Payment
5
Completion of the process and issuance of documents.
Consulting agreement conclusion
The applicant signs the contract and makes an initial investment payment in the amount of the corresponding investment for the first stage.
Our successful cases

Testimonials from satisfied clients

I thank One World Migration for the opportunity to move to Turkey with their help. I looked to relocate my company to be closer to my European partners and suppliers from the Middle East.

BONGANI DLAMINI
BONGANI DLAMINI

I first came to Portugal as a tourist 3 years ago. Having assessed the situation and got acquainted with this country, I decided that I wanted to stay here to live. Thanks to the efforts of One World Migration, this became possible.

LANING SUN
LANING SUN

The decisive factor for me in my decision to obtain Grenadian citizenship was the possibility of a visa-free visit to Europe, where my husband and I love to come both on business trips and on vacation. Thank you One World Migration!

SUNITA SINGH
SUNITA SINGH

I have to thank One World Migration and their customer mindset for obtaining Grenadian citizenship. We were able to prepare all the necessary documents in the shortest possible time and without unnecessary worries and they accompanied us throughout the entire process.

YULIA PAVLOVA
YULIA PAVLOVA

Frequently Asked Questions

About obtaining citizenship of Antigua and Barbuda
-
What is the initial payment amount?

The initial amount is approximately 20% of the total investment amount and will depend on the program and family composition.

+
When is the second investment payment due?
+
How often are applications for citizenship rejected and what are the main reasons for that?
+
If an applicant gets a refusal, how much will he be refunded?
+
If during the process the applicant wants to refuse to get Grenada Citizenship, which amount will be refunded to them in that case?
+
How long does it take to obtain Grenadian citizenship?
+
Which documents do I need to submit?
+
If the applicant is unable to come to the consular department, is it possible to submit documents remotely?
+
Is an interview obligatory?
Have a different question?
Feel free to ask it to our consultants and experts
Сitizenship by Investment Grenada - Passport of Grenada by investment | ONE WORLD
Сitizenship by Investment Grenada - Passport of Grenada by investment | ONE WORLD
Citizenship of Grenada by investment. Our company helps to obtain a passport of Grenada by investing in real estate and more. You can apply for citizenship on our website
Get a free consultation
Сitizenship by Investment Grenada - Passport of Grenada by investment | ONE WORLD
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