Grenada’s Citizenship by Investment (CBI) program offers a unique opportunity for individuals and families seeking greater global mobility and a second passport.. Among the pathways to citizenship, the real estate investment option is particularly popular due to the availability of high-quality real estate developments in Grenada, including luxury hotels and resort-style properties.

Cost of Grenada Citizenship by Real Estate Investment

To obtain Grenadian citizenship through real estate investment, applicants must invest a minimum of $270,000 in government-approved real estate projects. These are typically high-end developments such as touristic resorts or luxury accommodations. In addition to the property cost, government fees, due diligence fees, and legal processing fees will apply depending on the number of family members included in the application.

Most real estate investment options offer a return on investment through rental income, and after a mandatory holding period (usually five years), the property can be sold without affecting the investor’s citizenship status.

How Long Does the Process Take?

From the point of submitting a complete application to Grenada’s Citizenship by Investment Unit (CIU), the approval process typically takes 6 to 8 months. However, prior to submission, applicants should allow 2 to 6 weeks to gather all required documentation, which includes identity verification, financial documents, and criminal background checks.

Program Overview

Launched in 2013, Grenada’s Citizenship by Investment program provides an accessible route to second citizenship for qualified individuals from all over the world. The program includes stringent due diligence processes to ensure only reputable applicants are accepted.

Citizenship under this program grants investors and their families a Grenadian passport, a certificate of naturalisation, and visa-free access to over 153 countries, including the UK, EU Schengen zone, China, Russia, Brazil, and many more.

The CBI initiative has played a significant role in stimulating Grenada’s economy by attracting foreign investment, creating jobs, and funding public projects.

Eligibility and Family Inclusion

One of the key attractions of Grenada’s program is its flexibility in allowing family members to be included in the application. The following family members can be added:

• Spouse
• Dependent children
• Dependent parents aged over 55
• Unmarried siblings over 18 without children

This makes Grenada’s program an appealing option for those seeking to secure future opportunities for their entire family.

Due Diligence and Requirements

All applicants must pass the Grenadian government’s due diligence process, which includes:

• Police clearance showing a clean criminal record
• No history of visa refusals
• Submission of required documentation (e.g., identity documents, financial and employment records, proof of address)

Importantly, Grenada imposes no minimum stay requirement, meaning investors are not obligated to reside in the country to maintain their citizenship. There is also no language requirement, making it accessible for non-English speakers.

Key Benefits of Grenadian Citizenship

Investing in Grenadian citizenship comes with a host of personal, professional, and financial advantages:

• Secure a second passport for increased travel freedom
• No relocation required to maintain citizenship
• Visa-free travel to 153 countries, including major global business and travel hubs
• Opportunity to live, work, and study in Grenada and other CARICOM nations
• No language tests
• Favorable tax environment for residents
• Possibility to diversify investments and assets abroad

Conclusion

Grenada’s Citizenship by Investment through real estate offers a cost-effective, secure, and efficient route to second citizenship. With a minimum investment of $270,000 in approved developments, no residency or language requirements, and broad eligibility for family inclusion, it remains one of the most attractive CBI programs globally. For those seeking to enhance their lifestyle and expand international opportunities, Grenada presents an ideal gateway.