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Grenada residency & citizenship

GDCaribbean & Central AmericaHigh confidenceupdated 2026-09-14 · checked 2026-10-12
Clear pathway
Years to citizenship
CBI: immediate (3–4 months); naturalization: 7 years residence
Passport
148 visa-free
Remote-work visa
No dedicated DN visa; no mid-tier residence — CBI or work permit
Tax, remote workers
0% on foreign-source income (territorial system)
1-bed rent / month
~$550

Monitoring

Recent changes
July 1, 2024 — investment thresholds raised (NTF $235,000, Real Estate $270,000) per OECS MoA.

Overview

Grenada's Citizenship by Investment (CBI) programme was established in 2013 by the Grenada Citizenship by Investment Act (Act No. 15 of 2013). It is administered by the Investment Migration Agency (IMA) Grenada. Grenada is one of only two Caribbean CBI states with a US E-2 treaty; its passport also has visa-free/visa-on-arrival access to ~148 countries including China, Schengen, and the UK. Dual citizenship allowed; citizenship may be extended to spouse, dependent children, and dependent parents. [1]

Residency Programs

Type Official Program Key Conditions Duration Detail
investment_residency Not separate — CBI grants citizenship (or PR first via NTF) See #citizenship-by-investment — —
passive_income_residency Not available — — —
digital_nomad_visa Not available — — —
highly_skilled_employment Work permit Job offer; annual renewal; US investors $1,111/yr 1 yr —
startup_entrepreneur Not available — — —
employment_residency Work permit Job offer from local employer 1 yr, renewable annually —
student_residency Student visa Enrollment in St George's University / other Course duration —
family_reunification Dependent permit Included with principal CBI/work permit Matches principal —
retired_residency Not available — — —
citizenship_by_investment CBI Programme NTF Donation $235,000 / Real Estate $270,000+ 3–4 months #citizenship-by-investment

Per-Program Detail

citizenship_by_investment

  • Official name: Grenada Citizenship by Investment Programme (CBI)
  • Conditions: Two investment routes (revised July 1, 2024):
  • NTF Donation (National Transformation Fund): US$235,000 non-refundable contribution for main applicant + up to 3 dependents; +$25,000 per additional dependent; +$50,000 for parents/grandparents under 55; +$75,000 per sibling. [2]
  • Real Estate (approved projects): US$270,000 minimum (share purchase) or US$350,000 full title deed; +$50,000 government contribution per main applicant + up to 3 dependents; +$25,000 additional dependents. [3]
  • Due diligence: US$5,000 per person (no fee for dependents 0–16); application fee US$1,500; processing fee US$1,500 (over 18) / $500 (under 18).
  • Duration / renewal: Citizenship is permanent and irrevocable. No mandatory residency or physical presence. Passport valid 5 years for adults.
  • Path to citizenship: Direct citizenship. NTF route permits applying for permanent residence first and citizenship later. No language exam.
  • Official source: https://imagrenada.gd/citizenship-by-investment
  • Community verdict: Works well (mature programme; July 2024 price increase to $235,000 NTF / $270,000 real estate per OECS MoA; single best Caribbean CBI for US E-2 treaty access).

Citizenship

  • By investment: Direct upon qualifying investment + due diligence.
  • By naturalization: Available after 7 years of legal residence.
  • Dual citizenship: Fully recognized.

Tax

  • Territorial tax system for residents; no tax on foreign-source income. No capital gains tax. No inheritance/wealth tax.
  • Corporate tax: 28% (reduced for qualifying sectors).

IT / Digital Nomad

Not available. No dedicated digital nomad visa. Remote workers enter as tourists.

Yacht / Maritime

Grenada operates an international ship registry. Yacht registration available. Significant yachting sector in the Eastern Caribbean.

Notes for RU citizens

  • CBI is open to Russian nationals with enhanced due diligence post-2022; some agents report barring for certain aparat-linked individuals.
  • Main strategic appeal: US E-2 investor visa eligibility (requires 3 years domicile in Grenada to apply).
  • No visa-free Russia access with Grenada passport.

Community pulse

  • CBI: Respectable programme, lower profile than St Kitts/Antigua. July 2024 thresholds aligned with OECS MoA. Processing 3–4 months.
  • Work permits: US investors pay US$1,111 (XCD 3,000) annually — small, inexpensive work permit. [4]

Country Card

Grenada is a tri-island eastern Caribbean nation (Grenada, Carriacou, Petite Martinique) known as the "Spice Isle" for its nutmeg and mace production. It operates a Citizenship by Investment (CBI) programme established in 2013, administered by the Investment Migration Agency (IMA) Grenada. Grenada holds a unique strategic advantage among Caribbean CBI states: it is one of only two with a US E-2 treaty, allowing citizens (after 3 years domicile) to apply for a US investor visa. The CBI programme offers two investment routes from US$235,000 (NTF donation) or US$270,000+ (real estate), with citizenship granted in 3–4 months. There is no personal income tax on foreign-source income.

Strong points

  • US E-2 treaty eligibility: unique among Caribbean CBI states (alongside only one other)
  • CBI: citizenship in 3–4 months with no physical presence required
  • Strong passport: ~148 visa-free destinations including China, Schengen, UK
  • Territorial tax: no tax on foreign-source income; no capital gains or inheritance tax
  • Stable democracy (FH 89/100); good rule of law (WJP 0.62)
  • Significant Eastern Caribbean yachting sector; international ship registry

Known problems

  • CBI is expensive: US$235,000 NTF donation minimum; US$270,000 real estate
  • Investment thresholds raised July 2024 under OECS MoA
  • No digital nomad visa; no mid-tier residence options — CBI or work permit only
  • US E-2 requires 3 years domicile in Grenada before applying
  • Small population and economy; limited infrastructure
  • Hurricane risk; climate vulnerability

Country Snapshot

FieldValueSource
Population~126,000 (2024)World Bank ✓
Main religionChristianity (Roman Catholic ~36%, Protestant ~42%)CIA World Factbook ✓
Main languageEnglish (official); Grenadian Creole widely spokenCIA World Factbook ✓
Main city (capital or largest)St. George'sWikipedia ✓
On the coast?Yes (island nation; Caribbean Sea + Atlantic Ocean)~
Tourism impact in seasonMedium — peak Dec–Apr; cruise tourism; Grand Anse Beach; yachting~
GDP per capita (PPP)~$21,000 (2023)World Bank ✓
Median net monthly salary~EC$ 2,000 (~$740)Numbeo ~
Cost of living index57.3 (NYC=100, Numbeo 2025)Numbeo ~
Monthly rent, 1-bedroom apartment~$550Numbeo ~
Effective personal tax rate for remote workers0% on foreign-source income (territorial system)tax
Remote-work / self-employment residence available?No dedicated DN visa; no mid-tier residence — CBI or work permitcitizenship by investment
Years to citizenshipCBI: immediate (3–4 months); naturalization: 7 years residencecitizenship
Maximum permitted absence during residenceCBI: no physical presence requiredcitizenship by investment
Passport strength after citizenship~148 visa-free destinations (Henley Q3 2025)Henley & Partners ✓
Rule of Law Index0.62 (rank 41/142, WJP 2024)WJP ✓
Freedom House score89/100 (Free)Freedom House ✓
Average annual sunshine hours~2,800 hWikipedia / Climate ✓
Average annual temperature~27 °CWikipedia / Climate ✓

Extended Snapshot

50/55 fields · ✓ official   ~ estimate or secondary source, may be outdated   ? unverified · fields without reliable data are hidden

Geography & size 7/7
Area344 km² (2024)World Bank ✓
Population density341 /km² (2024)World Bank ✓
Urban population37% (2025)World Bank ✓
Coastline121 kmen.wikipedia.org ~
Highest pointMount Saint Catherine, 840 men.wikipedia.org ~
Typeisland (archipelago with 6 smaller islands)en.wikipedia.org ~
Time zoneUTC-4 (AST), Moscow -7hen.wikipedia.org ~
Climate 8/8
Avg precipitation2350 mm/yr (2022)World Bank ✓
PM2.5 exposure11.0 µg/m³ (2023)World Bank ✓
Climate zoneAw (tropical savanna)weathersweep.com ~
Temp winter / summerSt George's: ~26-28°C year-roundweather-atlas.com ~
Rainy daysSt George's: ~140 rainy days/yearweather-atlas.com ~
Humidity~78% annual avgweather-atlas.com ~
Natural hazardsHurricanes, tropical storms; INFORM risk: lowdrmkc.jrc.ec.europa.eu ✓
Air qualityPM2.5 ~10 µg/m³ (2024 IQAir est.)iqair.com ~
Economy 10/12
GDP (nominal)$1.4B (2025)World Bank ✓
GDP growth4.4% (2025)World Bank ✓
Inflation (CPI)0.6% (2025)World Bank ✓
Gini index43.8 (2018)World Bank ✓
Tourism receipts88% of exports (2018)World Bank ✓
Remittances3.3% of GDP (2025)World Bank ✓
Credit ratingNot rated by S&P, Moody's, or Fitchfitchratings.com ✓
CurrencyXCD (East Caribbean dollar), pegged to USD at 2.70eccb-centralbank.org ~
Top industriesTourism, agriculture (nutmeg, cocoa), education servicesgov.gd ~
Economic ComplexityECI rank ~150 (OEC 2022)oec.world ✓
Technology 9/10
Internet users70% of population (2024)World Bank ✓
Fixed broadband subs29.8 per 100 people (2022)World Bank ✓
High-tech exports6.4% of manufactured exports (2024)World Bank ✓
Global Innovation IndexNot in top 132 (GII 2024)wipo.int ✓
E-Government (UN EGDI)0.6458, rank 104/193 (2024)publicadministration.un.org ✓
Median broadband speed~30 Mbps median fixed broadband (2024 est.)speedtest.net ✓
5G5G launched by Digicel (2023), limited coveragegsma.com ~
Online paymentsStripe: not available for local businessesstripe.com ~
Startup ecosystemStartupBlink: not in top 100startupblink.com ~
Human development & health 3/3
Life expectancy75.4 years (2024)World Bank ✓
Hospital beds3.0 per 1000 (2023)World Bank ✓
HDI0.793, rank 73/193 (2022)countryeconomy.com ~
Safety 2/2
Global Peace IndexNot ranked in GPI 2024visionofhumanity.org ✓
US travel advisoryUS State Dept Level 1: exercise normal precautionstravel.state.gov ✓
Money & tax 3/5
FATF statusNot on FATF black or grey list (as of 2026-06-19)fatf-gafi.org ✓
Wealth / inheritance / CGTNo wealth tax; no inheritance tax; capital gains tax 0% (no CGT)taxsummaries.pwc.com ~
CFC rulesNo CFC rulestaxsummaries.pwc.com ~
Business 2/2
Company setup~10 days, cost ~$200-500doingbusiness.org ~
Corporate tax28% (standard rate)taxfoundation.org ~
Family & education 1/1
Top universitySt. George's University (SGU); not in QS World Rankingsedurank.org ~
Connectivity 1/1
Visa-free for RussiansVisa-free for up to 90 days (2025)entryconditions.com ~
For Russian citizens 1/1
Sanctions positionGrenada voted for UN resolutions condemning Russia's invasion (2022)en.wikipedia.org ~
Quality of life 3/3
World Happiness rankNot ranked in World Happiness Report 2025worldhappiness.report ✓
Expat friendlinessNot listed in InterNations Expat Insiderinternations.org ~
Local language needEF EPI: no data; English is official language and widely spoken?

  1. https://imagrenada.gd/citizenship-by-investment ↩

  2. https://ntlinternational.com/press/grenada-cbi-regulations-2024 ↩

  3. https://ntlinternational.com/press/grenada-cbi-regulations-2024 ↩

  4. https://www.state.gov/wp-content/uploads/2025/09/638719_2025-Grenada-Investment-Climate-Statement.pdf ↩

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