
15 years in cross-border structuring. Matches the family to the right Grenadian route - an NTF contribution or a unit in an approved project and leads the file through due diligence to approval.
A contribution of 235,000 USD to the National Transformation Fund, or a property in an approved project from 350,000 USD - the amounts in force since 1 July 2024. Grenada asks for no residence and no visit, and it appears on the U.S. Treaty Countries list under E-2, which opens the treaty-investor route to its nationals. That visa is never automatic, and we will say so before you plan around it.
Updated
Grenada has run citizenship by investment since the Grenada Citizenship by Investment Act, 2013 (Act No. 15 of 2013). Applications are reviewed by the Citizenship by Investment Committee (CBIC), a seven-member statutory body that examines the file and makes a recommendation; the Minister takes the final decision. On 20 March 2024 the executive arm was renamed the Investment Migration Agency (IMA) Grenada and moved to imagrenada.gd. Two routes are actually on offer: a contribution of 235,000 USD to the National Transformation Fund (NTF), or the purchase of a unit in a government-approved project from 350,000 USD. Both figures took effect on 1 July 2024 under S.R.O. No. 12 and S.R.O. No. 15 of 2024, part of a Memorandum of Agreement between five OECS states.
Read one thing before you read anything else: the old programme website, cbi.gov.gd, is still online and still shows 150,000 USD for the NTF and 220,000 / 350,000 USD for real estate. Those numbers have been dead since 1 July 2024. Any quote built on them is wrong by 85,000 USD on the fund route. The programme suits families who want a second citizenship without moving - there is no requirement to live in or visit Grenada, dual citizenship is allowed, and parents, grandparents and adult siblings can go on the same file. It does not suit everyone: since 1 April 2024 IMA does not accept applications from nationals of Russia or Belarus, and there is no exception route for them.
CBI under Act No. 15 of 2013: CBIC reviews, the Minister decides, IMA Grenada runs the programme since March 2024.
NTF 235,000 USD or an approved project from 350,000 USD, both since 1 July 2024. The old site cbi.gov.gd still shows dead figures.
The Regulations set the amounts, not the agent and not the developer. S.R.O. No. 15 of 2024 fixes the current scale for the National Transformation Fund (NTF) contribution and for investment in an approved project under s. 11 of the Act, both in force since 1 July 2024. A third route, significant investment under s. 11A, exists in the legislation but has no published minimum.
Two routes you can file, one that exists only in the Act.
A one-off, non-refundable contribution of 235,000 USD. The price is the same whether you apply alone or with up to three dependants - there is no per-person step until the fourth dependant. Nothing is held, nothing has to be sold later.
A one-off, non-refundable contribution of 235,000 USD. The price is the same whether you apply alone or with up to three dependants - there is no per-person step until the fourth dependant. Nothing is held, nothing has to be sold later.
350,000 USD for a unit in a government-approved project, plus a Government Contribution of 50,000 USD for you and up to three dependants. The 270,000 USD figure you will see quoted is not a general alternative - it is a narrow case, set out in the ticks below.
350,000 USD for a unit, plus 50,000 USD Government Contribution; 270,000 USD only for a share on strict conditions.
Section 11A is in the Act and S.R.O. No. 15 of 2024 even sets a Government Contribution for it, but no government document we could find states a minimum investment, and IMA does not offer the route publicly. We list it so you know it exists - not as something to plan around.
Section 11A is in the Act and S.R.O. No. 15 of 2024 even sets a Government Contribution for it, but no government document we could find states a minimum investment, and IMA does not offer the route publicly. We list it so you know it exists - not as something to plan around.
Government fees are charged on top of the investment and are not refundable: 1,500 USD application fee per person; 5,000 USD due diligence for the main applicant and each dependant aged 17 or over, nothing for children 0-16; 1,500 USD processing per person aged 17 or over and 500 USD under 17; 1,000 USD interview fee per person aged 17 or over. Note that government sources are not consistent on that age boundary - the NTF page on cbi.gov.gd says 18 and over, while the real-estate page and IMA's own materials say 17 and over; we plan on 17. The amounts above are those in force since 1 July 2024; the only extension ever granted was after Hurricane Beryl, when Circular No. 3 of 2024 let files started at the old prices run to 12 July 2024. Figures still shown on cbi.gov.gd are obsolete. One open point we will not paper over: IMA's list of legislation names a further amendment, S.R.O. No. 21 of 2025, whose text is not published anywhere we could find - we confirm the current scale with IMA in writing before you transfer anything.
Every Eastern Caribbean programme sells a passport at a similar price. Grenada's differences are specific and checkable: a treaty with the United States that its neighbours are not listed for, a dependant definition that stretches from grandparents to adult siblings, and - for now - nothing you owe the country after the certificate is issued.
Nothing in force today requires you to live in or visit Grenada, before or after the grant. A 30-day rule appears in the Citizenship by Investment (Amendment) Bill, 2026, but IMA's Circular No. 2 of 2026 of 21 August 2026 states that commencement waits until the regional regulator is operational and every member state formally agrees and announces a date. Treat 31 August 2026 as a date that came and went, not as a start date.30 days is in the 2026 Bill; Circular No. 2 of 2026 postponed the start.
The U.S. Department of State lists Grenada under E-2 with an effective date of 3 March 1989, on the strength of the 1989 investment treaty (TIAS 89-303). That opens the treaty-investor route to a Grenadian national. It is not an entitlement and it is not automatic - you still file an E-2 application and satisfy a U.S. consular officer.U.S. State Dept lists Grenada under E-2 since 3 March 1989. Not automatic.
The definition of dependant in s. 2 of the Act, as rewritten by Act No. 3 of 2019, runs from (a) to (h): spouse; children under 18; children aged 18 to 29 who are supported; unmarried adult children in full-time education; parents and grandparents, with no minimum age; unmarried, childless siblings aged 18 and over; and a child born within 12 months of the grant.Dependants (a)-(h): spouse, children to 29, parents, grandparents, siblings.
On the NTF route 235,000 USD covers the main applicant alone or with up to three dependants - a single applicant and a family of four pay the same contribution. The per-person steps of 25,000, 50,000 and 75,000 USD start only beyond that, and depend on which category the person falls into.235,000 USD alone or with three - steps start at the fourth.
CBIC is a seven-member committee established by the Act. It reviews the file, runs due diligence and the mandatory interview, and recommends; the Minister approves, refuses or defers. IMA publishes a processing time of three to six months. No one - including us - can promise the outcome, only the quality of the file that goes in.CBIC recommends, the Minister decides. IMA quotes three to six months.
In the programme authority's own words, Grenada has no foreign income, wealth, gift, inheritance or capital gains tax. Personal income tax is a matter for residents only, and starts above an allowance of 36,000 XCD a year. Citizenship by itself does not make you a Grenadian tax resident.Authority's wording; income tax is for residents, above 36,000 XCD.
Five Eastern Caribbean states signed the same Memorandum of Agreement and raised their fund minimums together in 2024, so the headline prices now sit within 50,000 USD of one another. What separates them is what happens after the money moves: the treaty access, the holding periods, and whether you owe the country any days.
| Feature | Grenada | Other Caribbean programmes |
|---|---|---|
| Fund minimum | 235,000 USD - NTF | 200,000-250,000 USD by country |
| U.S. E-2 treaty | Yes - E-2 since 3 March 1989 | Not on the U.S. treaty list |
| Residence or visit | None in force | Antigua requires 5 days in 5 years |
| Real estate holding | 5 years from the grant | 3 to 7 years by country |
| Country | Fund minimum | Residence | Property held for |
|---|---|---|---|
Grenada | 235,000 USD - NTF | None in force | 5 years |
Saint Kitts and Nevis | 250,000 USD - SISC | None | 7 years |
Antigua and Barbuda | 230,000 USD - NDF | 5 days in 5 years | 5 years |
Dominica | 200,000 USD - EDF | None | 3 years |
Grenada
Saint Kitts and Nevis
Antigua and Barbuda
DominicaThe Act and the Regulations set out both a positive test and a list of automatic refusals. Read the refusal grounds first - they are where files die, and one of them catches people who have simply forgotten an old visa refusal.
Refusal grounds are taken from the Act and the Regulations as they stand on 26 August 2026, and the nationality bar from Circular No. 1 of 2024. We check the visa-refusal ground and the source-of-funds trail before a file is opened, because both are grounds on which a paid-for application is simply refused.Act, Regulations and Circular No. 1 of 2024, as at 26 August 2026.
You appoint an Authorised International Marketing Agent working with an Authorised Local Agent - filing directly with the Committee is not allowed. At the same time we fix the route: NTF contribution or an approved project.Authorised agents appointed; NTF or approved project fixed.
Official forms for every applicant, medical examinations, and supporting documents in English, notarised - plus the attestation and bank credit advice IMA has required since Circular No. 11 of 2025.Notarised English documents, medicals, attestation and credit advice.
The Authorised Local Agent files the pack with the Executive Office of CBIC and holds the correspondence on the case. Since 1 June 2023 hard copies are not accepted - the submission is electronic.Electronic only since 1 June 2023; the local agent files.
The applicant is screened by Grenadian government bodies and by external due-diligence providers. This is the longest and least predictable stage, and the one a well-built source-of-funds file shortens.Government bodies and external providers screen the file.
The main applicant, the spouse, any financial sponsor and every dependant aged 17 or over are interviewed. You receive a letter with a link to a questionnaire in the automated system; flagged files get the Tier-2 format.Applicant, spouse, sponsor and every dependant aged 17+.
CBIC makes a recommendation to the Minister, who approves, refuses or defers. The decision is the Minister's and is discretionary - the file is what we control, the outcome is not.CBIC recommends; the Minister approves, refuses or defers.
Only after approval does the money move: the contribution into the NTF, or the investment into the approved project through escrow. Nothing is paid into the investment before the decision.Contribution or escrowed investment - only once approved.
A certificate of citizenship is issued - in the automated format introduced on 31 March 2025 - and the passport follows. The oath of allegiance may be taken outside Grenada before a Commissioner of Oaths under S.R.O. No. 41 of 2020.Automated certificate since 31 March 2025; oath may be taken abroad.
Three to six months is IMA's own published processing time and assumes a complete file; document collection happens before the clock starts. Visiting Grenada is not required at any stage, including the oath.

We price both live routes for your actual family - the NTF contribution against an approved project, with every dependant surcharge and every government fee in the same table, before anything is filed.Both routes priced for your family, surcharges and fees included.
Since Circular No. 11 of 2025 IMA requires document attestation and a bank credit advice evidencing the origin of funds. This is where files stall; we build the pack to that standard from the first document.Attestation and bank credit advice to the Circular No. 11 of 2025 standard.
Direct filing with the Committee is not permitted and hard copies have not been accepted since 1 June 2023. We run the agent chain and the electronic submission to the Executive Office, and we hold the correspondence.Electronic filing with the Executive Office; direct filing is barred.
The interview has been mandatory since 4 September 2023 for the main applicant, spouse, sponsor and every dependant aged 17 or over, with a Tier-2 in-depth format for flagged files. We prepare each person individually.Mandatory since 2023 for everyone aged 17+; Tier-2 for flagged files.







Grenadian citizenship does not by itself make you a Grenadian tax resident, and nothing in the programme requires you to become one. The figures below are what government sources actually state - where they state nothing, we say so rather than fill the gap.
The programme authority's formulation is that Grenada has no foreign income, wealth, gift, inheritance or capital gains tax. Income arising outside Grenada is not brought into charge.Authority's wording: no foreign income, wealth or gift tax.
Personal income tax applies to residents. The Ministry of Finance sets an allowance of 36,000 XCD a year - 3,000 XCD a month - below which no income tax is due.Allowance of 36,000 XCD a year - 3,000 XCD a month.
Above the allowance the rate is 15% on income from 36,001 to 60,000 XCD, and 30% on income above 60,000 XCD. Two bands, no surcharges published on top.15% to 60,000 XCD, 30% above it. No published surcharges.
Confirmed by the programme authority's summary wording. We flag the source honestly: there is no separate Inland Revenue or Ministry of Finance page setting out the position in its own right.Stated by the programme authority; no standalone tax page.
Same source, same caveat. For families structuring a succession around Grenada, that is a position to confirm with current local counsel rather than to assume from a programme page.Same source, same caveat - confirm before structuring.
Whether Grenada participates in the CRS could not be verified on any government source - the Inland Revenue's exchange-of-information page is closed to indexing. We do not state it either way, and neither should a quote you receive from anyone else.CRS participation is not verifiable on any government source.
*The Ministry of Finance publishes the income tax bands in dollars without naming the currency; the context is Eastern Caribbean dollars (XCD). The absence of capital gains, inheritance, gift and foreign income tax rests on the programme authority's summary wording - we have not found a standalone government page for each tax, and we tell clients that before they build a structure on it.
We provide end-to-end support, from choosing the route and preparing the source-of-funds file to submission through a licensed agent and collection of the passport - with an individualized approach to each family.

15 years in cross-border structuring. Matches the family to the right Grenadian route - an NTF contribution or a unit in an approved project and leads the file through due diligence to approval.

Builds the application itself: official forms, dependant evidence under paragraphs (a) to (h), the source-of-funds trail and the attestation and bank credit advice IMA has required since 2025. His document sets are the reason files clear due diligence the first time.

First point of contact for international families. Runs the whole process remotely, across time zones and languages - from the first call to the certificate of citizenship and the passport.
End-to-end support: route and family modelling, the source-of-funds pack, filing through an Authorised Local Agent, and interview preparation for everyone aged 17 and over.
Get a consultation →Our legal team will assess your case at no cost and put it in writing: which programme, which route, who can be included as a dependant, and where the due-diligence risks in your file are.
The investment is 235,000 USD as a contribution to the National Transformation Fund (NTF), or 350,000 USD for a unit in a government-approved project plus a 50,000 USD Government Contribution. Both figures have been in force since 1 July 2024 under S.R.O. No. 12 and No. 15 of 2024. Government fees are charged separately per person: 1,500 USD application, 5,000 USD due diligence for each person aged 17 or over, 1,500 USD processing for adults and 500 USD for children under 17, and a 1,000 USD interview fee for each person aged 17 or over.
Because the old site, cbi.gov.gd, is still online and was never updated. It still shows 150,000 USD for the NTF and 220,000 / 350,000 USD for real estate. The programme's current site is imagrenada.gd, and the binding amounts are in S.R.O. No. 12 and No. 15 of 2024. If a quote you have received is built on the cbi.gov.gd numbers, it is short by 85,000 USD on the fund route.
No - not under anything in force today. A requirement of 30 days across the first five calendar years, including 5 days in the first 12 months, appears in the Citizenship by Investment (Amendment) Bill, 2026, but IMA's Circular No. 2 of 2026 of 21 August 2026 states that it does not commence until the regional regulator is operational and all participating states formally agree and announce a start date. The date of 31 August 2026 that circulated in the market is not a commencement date. Even the oath of allegiance can be taken outside Grenada under S.R.O. No. 41 of 2020.
It gives you access to the E-2 route, not the visa. The U.S. Department of State lists Grenada under E-2 with an effective date of 3 March 1989, on the basis of the 1989 investment treaty (TIAS 89-303). You then have to file an E-2 application, invest an amount that is substantial and sufficient to run the enterprise - U.S. rules fix no minimum - and satisfy a consular officer. Three caveats worth knowing: only E-2 is listed for Grenada, not E-1; the U.S. Embassy in Bridgetown takes E applications only from people who are both nationals of the treaty country and residents of its consular district; and no Grenadian government source mentions E-2 at all - the confirmation comes entirely from the U.S. side.
No. New applications from Russian and Belarusian nationals were suspended on 8 March 2023 by Circular No. 2 of 2023, and the ineligible-nationalities circular effective 1 April 2024 lists Russia and Belarus alongside Iran, North Korea, Sudan, Yemen and Afghanistan. The limited exception route in that circular is open only to nationals of Iran, Sudan, Yemen and Afghanistan. There is no exception for Russia or Belarus, and we will say so before you spend anything.
Under s. 2 of the Act as amended in 2019: your spouse; a child under 18 supported by you or your spouse; a child aged 18 to 29 who is supported; an unmarried child over 18 in full-time education; a parent or grandparent over 55 wholly supported by you; a parent or grandparent aged 55 or under wholly supported, at 50,000 USD extra; an unmarried, childless brother or sister aged 18 or over, at 75,000 USD extra; and a child born to you or your spouse within 12 months of the grant. There is no minimum age for parents and grandparents - 55 only decides which category, and therefore which surcharge, applies.
IMA publishes a processing time of three to six months. That runs from a complete filing, not from your first call - gathering documents, medicals, notarisation and the attestation pack happens before it. Due diligence and the mandatory interview sit inside that window.
No. The Regulations route every application through an Authorised International Marketing Agent working with an Authorised Local Agent, who files with the Executive Office of CBIC and conducts the correspondence. Since 1 June 2023 the submission is electronic only - hard copies are not accepted.
The programme authority's wording is more than 115 international and Commonwealth countries. Grenada does not publish an official list of destinations, so we do not quote a precise number as a fact - we check the specific countries that matter to you against current entry rules instead. Treat any marketing page that gives an exact figure with suspicion.
In force: the higher amounts from 1 July 2024; the mandatory interview since 4 September 2023; electronic filing only since 1 June 2023; six-month passport validity at filing since 12 September 2024; the automated citizenship certificate since 31 March 2025; attestation and bank credit advice requirements from Circular No. 11 of 2025 of 28 October 2025; and Circular No. 1 of 2026 of 2 June 2026, which obliges licensed agents to hand IMA documents and passport pages for citizenships granted since the programme began in 2014. Not in force: the Eastern Caribbean Citizenship by Investment Regulatory Authority Agreement Act, 2025 (Act No. 19 of 2025), which awaits a commencement order from the Minister, and the 2026 Bill with its residence, integration and five-year-passport provisions.
235,000 USD to the NTF, or 350,000 USD in a project plus 50,000 USD. Fees per person on top.
cbi.gov.gd was never updated. Current amounts are in S.R.O. 12 and 15 of 2024.
No. The 30-day rule is in the 2026 Bill and Circular No. 2 of 2026 postponed it.
Access to the route, not the visa - Grenada is E-2 listed since 1989; you still apply.
No. Suspended in 2023, barred from 1 April 2024, with no exception route.
Spouse, children to 29, parents and grandparents, unmarried childless siblings 18+.
Three to six months per IMA, from a complete filing.
No - an Authorised Local Agent files electronically with CBIC.
The authority says 115+; no official list exists, so we check your destinations.
ECCIRA Act 2025 and the 2026 Bill await commencement orders from the Minister.
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Get a free legal opinion on your case - our legal team will assess your family at no cost and provide a written opinion: which programme, which route, and what the due-diligence risks are.Free legal opinion: which route fits your family, and what it will really cost.
Prifinance is an independent law and advisory firm. We are not a government body and are not affiliated with, endorsed by, or acting on behalf of the Citizenship by Investment Committee (CBIC), the Investment Migration Agency (IMA) Grenada or any other public authority. Citizenship is granted solely by the competent authority, at its discretion.