# Grenada — Residency & Citizenship Conditions

> Source: https://residencyradar.org/conditions/grenada.html | Last checked: 2026-10-12 | Last updated: 2026-09-14

## Quick answer

- Investment: Not separate — CBI grants citizenship (or PR first via NTF): See #citizenship-by-investment
- Skilled workers: Work permit: Job offer; annual renewal; US investors $1,111/yr (1 yr)
- Citizenship by investment: CBI Programme: NTF Donation $235,000 / Real Estate $270,000+ (3–4 months) [source: https://imagrenada.gd/citizenship-by-investment]
- Citizenship by naturalisation: 7 years of legal residence

## 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. ^[https://imagrenada.gd/citizenship-by-investment]

## 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. ^[https://ntlinternational.com/press/grenada-cbi-regulations-2024]
  - **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. ^[https://ntlinternational.com/press/grenada-cbi-regulations-2024]
  - 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. ^[https://www.state.gov/wp-content/uploads/2025/09/638719_2025-Grenada-Investment-Climate-Statement.pdf]



## Country Snapshot

| Field | Value | Source / Confidence |
|---|---|---|
| Population | ~126,000 (2024) | [World Bank](https://data.worldbank.org/country/grenada) — hard/official |
| Main religion | Christianity (Roman Catholic ~36%, Protestant ~42%) | [CIA World Factbook](https://www.cia.gov/the-world-factbook/countries/grenada/) — hard/official |
| Main language | English (official); Grenadian Creole widely spoken | [CIA World Factbook](https://www.cia.gov/the-world-factbook/countries/grenada/) — hard/official |
| Main city (capital or largest) | St. George's | [Wikipedia](https://en.wikipedia.org/wiki/St._George%27s,_Grenada) — hard/official |
| On the coast? | Yes (island nation; Caribbean Sea + Atlantic Ocean) | Geographical fact [soft/estimate] |
| Tourism impact in season | Medium — peak Dec–Apr; cruise tourism; Grand Anse Beach; yachting | [soft/estimate] |
| GDP per capita (PPP) | ~$21,000 (2023) | [World Bank](https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD?locations=GD) — hard/official |
| Median net monthly salary | ~EC$ 2,000 (~$740) | [Numbeo](https://www.numbeo.com/cost-of-living/country_result.jsp?country=Grenada) [soft/estimate] |
| Cost of living index | 57.3 (NYC=100, Numbeo 2025) | [Numbeo](https://www.numbeo.com/cost-of-living/rankings_by_country.jsp?title=2025) [soft/estimate] |
| Monthly rent, 1-bedroom apartment | ~$550 | [Numbeo](https://www.numbeo.com/cost-of-living/country_result.jsp?country=Grenada) [soft/estimate] |
| Effective personal tax rate for remote workers | 0% on foreign-source income (territorial system) | See [[#tax]] |
| Remote-work / self-employment residence available? | No dedicated DN visa; no mid-tier residence — CBI or work permit | See [[#citizenship-by-investment]] |
| Years to citizenship | CBI: immediate (3–4 months); naturalization: 7 years residence | See [[#citizenship]] |
| Maximum permitted absence during residence | CBI: no physical presence required | See [[#citizenship-by-investment]] |
| Passport strength after citizenship | ~148 visa-free destinations (Henley Q3 2025) | [Henley & Partners](https://www.henleyglobal.com/passport-index) — hard/official |
| Rule of Law Index | 0.62 (rank 41/142, WJP 2024) | [WJP](https://worldjusticeproject.org/rule-of-law-index/global/2024) — hard/official |
| Freedom House score | 89/100 (Free) | [Freedom House](https://freedomhouse.org/country/grenada/freedom-world/2025) — hard/official |
| Average annual sunshine hours | ~2,800 h | [Wikipedia / Climate](https://en.wikipedia.org/wiki/Grenada#Climate) — hard/official |
| Average annual temperature | ~27 °C | [Wikipedia / Climate](https://en.wikipedia.org/wiki/Grenada#Climate) — hard/official |

## Extended Snapshot

_Coverage: 50/55 fields. Only facts verifiable against official sources or published indices; practice-dependent topics (bank attitudes, real-world acceptance of Russian applicants, flights, policy mood) are deliberately excluded until community-sourced data is collected._

| Block | Field | Value | Source / Confidence |
|---|---|---|---|
| Geography & size | Area | 344 km² (2024) | [World Bank](https://data.worldbank.org/indicator/AG.SRF.TOTL.K2?locations=GD) — hard/official |
| Geography & size | Population density | 341 /km² (2024) | [World Bank](https://data.worldbank.org/indicator/EN.POP.DNST?locations=GD) — hard/official |
| Geography & size | Urban population | 37% (2025) | [World Bank](https://data.worldbank.org/indicator/SP.URB.TOTL.IN.ZS?locations=GD) — hard/official |
| Geography & size | Coastline | 121 km | [source](https://en.wikipedia.org/wiki/Geography_of_Grenada) — soft/estimate |
| Geography & size | Highest point | Mount Saint Catherine, 840 m | [source](https://en.wikipedia.org/wiki/Geography_of_Grenada) — soft/estimate |
| Geography & size | Type | island (archipelago with 6 smaller islands) | [source](https://en.wikipedia.org/wiki/Grenada) — soft/estimate |
| Geography & size | Time zone | UTC-4 (AST), Moscow -7h | [source](https://en.wikipedia.org/wiki/Grenada) — soft/estimate |
| Climate | Avg precipitation | 2350 mm/yr (2022) | [World Bank](https://data.worldbank.org/indicator/AG.LND.PRCP.MM?locations=GD) — hard/official |
| Climate | PM2.5 exposure | 11.0 µg/m³ (2023) | [World Bank](https://data.worldbank.org/indicator/EN.ATM.PM25.MC.M3?locations=GD) — hard/official |
| Climate | Climate zone | Aw (tropical savanna) | [source](https://weathersweep.com/countries/grenada/climate) — soft/estimate |
| Climate | Temp winter / summer | St George's: ~26-28°C year-round | [source](https://www.weather-atlas.com/en/grenada/saint-georges-climate) — soft/estimate |
| Climate | Rainy days | St George's: ~140 rainy days/year | [source](https://www.weather-atlas.com/en/grenada/saint-georges-climate) — soft/estimate |
| Climate | Humidity | ~78% annual avg | [source](https://www.weather-atlas.com/en/grenada/saint-georges-climate) — soft/estimate |
| Climate | Natural hazards | Hurricanes, tropical storms; INFORM risk: low | [source](https://drmkc.jrc.ec.europa.eu/inform-index/) — hard/official |
| Climate | Air quality | PM2.5 ~10 µg/m³ (2024 IQAir est.) | [source](https://www.iqair.com/world-air-quality-report) — soft/estimate |
| Economy | GDP (nominal) | $1.4B (2025) | [World Bank](https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=GD) — hard/official |
| Economy | GDP growth | 4.4% (2025) | [World Bank](https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?locations=GD) — hard/official |
| Economy | Inflation (CPI) | 0.6% (2025) | [World Bank](https://data.worldbank.org/indicator/FP.CPI.TOTL.ZG?locations=GD) — hard/official |
| Economy | Unemployment | No reliable data | — |
| Economy | Central govt debt | No reliable data | — |
| Economy | Gini index | 43.8 (2018) | [World Bank](https://data.worldbank.org/indicator/SI.POV.GINI?locations=GD) — hard/official |
| Economy | Tourism receipts | 88% of exports (2018) | [World Bank](https://data.worldbank.org/indicator/ST.INT.RCPT.XP.ZS?locations=GD) — hard/official |
| Economy | Remittances | 3.3% of GDP (2025) | [World Bank](https://data.worldbank.org/indicator/BX.TRF.PWKR.DT.GD.ZS?locations=GD) — hard/official |
| Economy | Credit rating | Not rated by S&P, Moody's, or Fitch | [source](https://www.fitchratings.com/) — hard/official |
| Economy | Currency | XCD (East Caribbean dollar), pegged to USD at 2.70 | [source](https://www.eccb-centralbank.org/currency) — soft/estimate |
| Economy | Top industries | Tourism, agriculture (nutmeg, cocoa), education services | [source](https://www.gov.gd/econdev) — soft/estimate |
| Economy | Economic Complexity | ECI rank ~150 (OEC 2022) | [source](https://oec.world/en/profile/country/grd) — hard/official |
| Technology | Internet users | 70% of population (2024) | [World Bank](https://data.worldbank.org/indicator/IT.NET.USER.ZS?locations=GD) — hard/official |
| Technology | Fixed broadband subs | 29.8 per 100 people (2022) | [World Bank](https://data.worldbank.org/indicator/IT.NET.BBND.P2?locations=GD) — hard/official |
| Technology | High-tech exports | 6.4% of manufactured exports (2024) | [World Bank](https://data.worldbank.org/indicator/TX.VAL.TECH.MF.ZS?locations=GD) — hard/official |
| Technology | R&D spend | No reliable data | — |
| Technology | Global Innovation Index | Not in top 132 (GII 2024) | [source](https://www.wipo.int/web-publications/global-innovation-index-2024/en/) — hard/official |
| Technology | E-Government (UN EGDI) | 0.6458, rank 104/193 (2024) | [source](https://publicadministration.un.org/egovkb/en-us/Data/Country-Information/id/68-Grenada) — hard/official |
| Technology | Median broadband speed | ~30 Mbps median fixed broadband (2024 est.) | [source](https://www.speedtest.net/global-index) — hard/official |
| Technology | 5G | 5G launched by Digicel (2023), limited coverage | [source](https://www.gsma.com/) — soft/estimate |
| Technology | Online payments | Stripe: not available for local businesses | [source](https://stripe.com/global) — soft/estimate |
| Technology | Startup ecosystem | StartupBlink: not in top 100 | [source](https://www.startupblink.com/) — soft/estimate |
| Human development & health | Life expectancy | 75.4 years (2024) | [World Bank](https://data.worldbank.org/indicator/SP.DYN.LE00.IN?locations=GD) — hard/official |
| Human development & health | Hospital beds | 3.0 per 1000 (2023) | [World Bank](https://data.worldbank.org/indicator/SH.MED.BEDS.ZS?locations=GD) — hard/official |
| Human development & health | HDI | 0.793, rank 73/193 (2022) | [source](https://countryeconomy.com/hdi/grenada) — soft/estimate |
| Safety | Global Peace Index | Not ranked in GPI 2024 | [source](https://www.visionofhumanity.org/) — hard/official |
| Safety | US travel advisory | US State Dept Level 1: exercise normal precautions | [source](https://travel.state.gov/content/travel/en/traveladvisories/traveladvisories/grenada-travel-advisory.html) — hard/official |
| Money & tax | FATF status | Not on FATF black or grey list (as of 2026-06-19) | [source](https://www.fatf-gafi.org/en/countries/black-and-grey-lists.html) — hard/official |
| Money & tax | CRS exchange | No reliable data | — |
| Money & tax | Tax treaty with Russia | No reliable data | — |
| Money & tax | Wealth / inheritance / CGT | No wealth tax; no inheritance tax; capital gains tax 0% (no CGT) | [source](https://taxsummaries.pwc.com/grenada) — soft/estimate |
| Money & tax | CFC rules | No CFC rules | [source](https://taxsummaries.pwc.com/grenada) — soft/estimate |
| Business | Company setup | ~10 days, cost ~$200-500 | [source](https://www.doingbusiness.org/) — soft/estimate |
| Business | Corporate tax | 28% (standard rate) | [source](https://taxfoundation.org/data/all/global/corporate-tax-rates-by-country-2025/) — soft/estimate |
| Family & education | Top university | St. George's University (SGU); not in QS World Rankings | [source](https://edurank.org/uni/st-george-s-university/rankings) — soft/estimate |
| Connectivity | Visa-free for Russians | Visa-free for up to 90 days (2025) | [source](https://www.entryconditions.com/russia/grenada) — soft/estimate |
| For Russian citizens | Sanctions position | Grenada voted for UN resolutions condemning Russia's invasion (2022) | [source](https://en.wikipedia.org/wiki/United_Nations_General_Assembly_Resolution_ES-11/1) — soft/estimate |
| Quality of life | World Happiness rank | Not ranked in World Happiness Report 2025 | [source](https://worldhappiness.report/) — hard/official |
| Quality of life | Expat friendliness | Not listed in InterNations Expat Insider | [source](https://www.internations.org/expat-insider/) — soft/estimate |
| Quality of life | Local language need | EF EPI: no data; English is official language and widely spoken | unsourced/unverified |

## Country Card

### General description
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.

### Well-known 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

### Well-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
## Status
- **Last monitored**: 2026-10-12
- Last change: July 1, 2024 — investment thresholds raised (NTF $235,000, Real Estate $270,000) per OECS MoA.
- Last monitored: 2026-09-14.
- No open watch items.

## Official and primary sources
- https://imagrenada.gd/citizenship-by-investment
- https://ntlinternational.com/press/grenada-cbi-regulations-2024