What Every Investor Should Know About Grenada Dual Citizenship
Known as the Spice Island for its homegrown spices, Grenada boasts one of the prettiest waterfronts in the Caribbean. The island is known not only for its natural charm but also for its diverse attractions. It has a great lifestyle with top-notch diving and sailing, excellent food, clean beaches, and lots of cultural events. These features make Grenada attractive to wealthy people looking to relax or invest.
In this blog, we’ll give you a full rundown of the Grenada Citizenship by Investment program and look at the benefits of getting a second passport.
Program Overview
The program was created to contribute to Grenada’s national development through foreign investment. It allows qualified individuals and their families to get Grenadian citizenship by contributing to a national development fund or by investing in approved real estate projects.
The program allows individuals to maintain dual citizenship while gaining entry to over 145 countries without a visa or with a visa on arrival, covering the UK, the Schengen region, Hong Kong, and Singapore. Grenada has an E-2 Investor Visa treaty with the US so its citizens can apply for a non-immigrant visa to live and do business in the US.
Why Consider Grenada?
Dual citizenship is permitted in Grenada, allowing you to keep your current nationality while taking advantage of all the advantages that come with being a Grenadian citizen. Below are the benefits:
- Dual or multiple nationalities are allowed.
- Fast processing, typically completed within 5–6 months.
- No physical residency requirements.
- There is no need to travel to Grenada during the application process, as it can be fully completed from abroad.
- Children under 30 can be included, as well as those with disabilities who are fully supported by the main applicant.
- Siblings of the main applicant or their spouse, if unmarried, childless, and aged 18 or above, may also qualify for inclusion in the application.
- Dependent parents are also eligible.
- No educational qualifications or managerial experience required.
- Travel freely to more than 145 destinations worldwide, including the Schengen Area.
- Eligibility for the U.S. E-2 Investor Visa, allowing Grenadian citizens to live in the U.S. while operating a business.
- No tax on global income.
- Enjoy zero foreign income, capital gains, inheritance, and wealth taxes, making it a smart financial choice for investors.
How Foreigners Can Become Citizens of Grenada
Naturalization
If someone lives in Grenada for a long time, they can apply for citizenship. People from Commonwealth countries can do this after living in Grenada for five years. For others, it takes seven years of living in Grenada.
Marriage
If a person is married to a Grenadian citizen, they can apply for Grenadian citizenship. This applies whether the spouse was born in Grenada or became a citizen later.
Birth and Descent
Children born in Grenada automatically become citizens. A child born outside Grenada is eligible for Grenadian citizenship if at least one parent is a citizen of Grenada. The law also permits adopted children of Grenadian citizens to acquire citizenship status.
Citizenship By Investment
These programs allow individuals to gain dual citizenship by fulfilling specific investment requirements set by the participating country. It provides enhanced global mobility, security, and access to new economic opportunities.
Individuals from other countries can become Grenadian citizens by making a significant contribution to the country’s economy, either through a donation or an investment in real estate. Specifically, this involves investing at least $235,000 in the National Transformation Fund or purchasing government-approved property in Grenada valued at a minimum of $270,000. Additional costs, such as state fees and background check fees, also apply.
Investment options
Applicants applying for Grenadian citizenship should be at least 18 years old and shall have the qualifications for the program. They will have to opt for one of two approved investment paths:
1. Contribution to the National Transformation Fund (NTF):
A non-refundable donation of at least USD 235,000. This caters to one applicant or a family of a maximum of four members.
2. Investment in Approved Real Estate:
The program mandates an investment of USD 270,000 in approved real estate, plus a non-refundable donation of USD 50,000. This option is open for individual applicants as well as families of a maximum of four members. Property must be held under the applicant’s ownership for at least 5 years from the date of purchase.
Grenada Citizenship: Who Can Apply?
Applicants must fulfill the following conditions in order to be eligible for Grenadian citizenship:
- Be at least eighteen years old.
- Successfully completed background and financial checks.
- Submit all necessary documents, including valid identification, medical reports, and proof of birth.
- Ensure all necessary expenses are covered, including application, processing, and due diligence fees.
- Applicants must attend a virtual interview as part of the application process.
- Applicants can either make a donation to the National Transformation Fund or purchase property from an authorized real estate project.
Eligible family members:
- Spouse
- Children under the age of 30
- Parents of the main applicant or spouse
- Siblings aged 18 years and above, single, and without a child.
Grenada Dual Citizenship by Investment Process
Securing dual citizenship in Grenada via investment follows a well-organized procedure, usually completed within a six-month timeframe.
One of the key advantages of this program is that the entire application can be handled remotely. Grenada does not require in-person visits for application submission or passport delivery.
The entire journey is handled with expert guidance from UNO Capital. Even after citizenship is granted, we continue to offer support, whether it’s renewing your passport or managing your real estate investment.
Step 1: Initial Consultation & Onboarding
Your journey starts with a one-on-one chat to figure out what you want to achieve, check if you qualify, and pick the best investment choice for you. After we’ve sorted out all the details, our team initiates the onboarding process and gets you ready for what’s coming up next.
Step 2: Document Collection & Application Submission
Applicants are required to submit a full set of supporting documents, which include:
- Valid passport or ID
- Police clearance certificate
- Financial statements and proof of funds
- Evidence of qualifying investment
Every document is thoroughly examined to guarantee accuracy prior to submission. After everything is finalized, your authorized agent submits the application, the necessary paperwork, and the required fees to Grenada’s Citizenship by Investment Committee (CBIC).
Step 3: Background Verification & Due Diligence
The CBIC performs a comprehensive due diligence check, working closely with international agencies to verify the applicant’s financial and personal background. A virtual interview may be conducted as a requirement during the application process. These steps help ensure that only reputable and eligible individuals are granted citizenship.
Step 4: Approval & Completion of Investment
Upon receiving approval, the applicant must complete one of the following eligible investment options, depending on the route chosen:
Option 1: National Transformation Fund (NTF)
A non-refundable contribution of USD 235,000 for a single applicant or a family of up to four.
Option 2: Real Estate Investment
A minimum property purchase of USD 270,000 in a government-approved development, plus a non-refundable contribution of USD 50,000
Step 5: Citizenship Granted & Passport Issued
Once the investment is confirmed and all final fees are paid, the applicant is issued a Certificate of Citizenship. You can then apply for your Grenadian passport, which is typically processed within two to three months. Passport validity periods are:
- 10 years for adults (18 and over)
- 5 years for minors (under 18)
Passports are delivered securely through authorized representatives.
Why Choose UNO Capital
At UNO Capital, we specialize in tailored residency and citizenship solutions across Europe and the Caribbean. In today’s rapidly changing global landscape, securing a second citizenship is a smart step toward greater freedom, security, and opportunity for you and your family.
Our track record speaks for itself: every application we’ve submitted has been approved. Before you make any commitment, we offer a complimentary preliminary assessment to review your eligibility. You’ll receive a clear overview of all available investment options, with a full breakdown of costs, no surprises, and no hidden charges.
Our team includes experienced immigration lawyers, financial advisors, and tax professionals who work together to design a solution that fits your lifestyle, mobility goals, and long-term planning needs.
Connect with UNO Capital at +971 4 393 0 393 or email info@uno-capital.com to speak with a specialist.
Frequently Asked Questions
How much do I need to invest to qualify for Grenada’s Citizenship by Investment?
You can either donate $235,000 to Grenada’s National Transformation Fund or invest $270,000 in approved real estate.
How many destinations allow visa-free entry for Grenadian passport holders?
A Grenada passport gives you access to over 145 countries without a visa. This covers travel to all Schengen countries in Europe, as well as the United Kingdom. In addition, travel is permitted to Singapore and Hong Kong, with a stay of up to 30 days allowed in China.
What documents do I need to provide when I apply for Grenada’s Citizenship by Investment?
You’ll need to bring your current passport, proof of investment, a clean criminal record certificate, and a few other supporting papers.
Does Grenada allow dual citizenship?
Yes, Grenada permits dual citizenship. This means individuals can hold Grenadian citizenship alongside that of another country. Applicants are not required to give up their original nationality unless it is required by the laws of their home country.
If I buy property in Grenada, can I get citizenship? What are the rules?
Yes, you can get citizenship by investing no less than $270,000 in an approved real estate project. You must keep the property for at least 5 years before selling it.
Is Grenada a safe place to live?
Grenada is considered safe, and crime rates are lower than in many Caribbean countries. Most residents feel connected to their community and major crimes don’t happen often. While petty theft can occur, you can avoid most issues by taking basic safety precautions.
Is visa-free entry to the United States possible with a Grenadian passport?
No, Grenadian citizens are not eligible for visa-free entry into the US. Entry to the U.S. requires securing a visa through an authorized embassy or consulate.
Is Grenada a strong passport?
Yes, Grenada is considered a strong passport. It currently ranks 30th globally, offering visa-free or visa-on-arrival access to over 145 destinations, including key countries like China, Hong Kong, Singapore, the UK, and the entire Schengen Area.
