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Grenada Citizenship by Investment Cost: Every Fee You Will Actually Pay

3 min read · updated October 17, 2026

Grenada's citizenship by investment program has two investment routes, a non-refundable government contribution starting at $235,000 for a single applicant or a real estate purchase starting at $270,000, plus a layer of due diligence fees, processing fees, and passport fees that most published summaries leave out.

KEY INSIGHT

The E-2 treaty with the United States is the single feature that separates Grenada from every other Caribbean citizenship by investment program. For applicants who want eventual US access without the EB-5 price tag, Grenada is the only Caribbean option that opens that door.

The National Transformation Fund Contribution Route

LOWEST ENTRY COSTSingle applicant$235,000Couple$245,000Each child under 18+$10,000

A single applicant pays a $235,000 non-refundable contribution to the National Transformation Fund (NTF). Adding a spouse brings the total to $245,000. Each additional dependent under 18 adds $10,000, and dependents aged 18 to 25 or over 55 add $15,000 each. This route has no lock-up period and no exit strategy to plan for, which makes it the faster and administratively simpler option for applicants not interested in holding property.

The Real Estate Investment Route

HOLDS ASSET VALUEMinimum property price$270,000Hold period5 yearsDue diligence (main applicant)$5,000

The real estate route requires a minimum purchase of $270,000 in an approved development, held for at least five years before the property can be sold without the buyer losing citizenship eligibility. On top of the purchase price, applicants pay a government processing fee of $1,500 per main applicant, due diligence fees of $5,000 for the main applicant and $4,000 per adult dependent, and a passport fee of around $500 per person. The actual property must come from the government-approved list, and most approved units are resort shares or fractional interests rather than freehold land, so real-world resale liquidity is limited.

Total All-In Cost Examples

Single applicant all-in (NTF)~$242,000Family of four all-in (NTF)~$277,000Agent fees (typical range)$10,000-$25,000

For a single applicant using the NTF route, the realistic all-in figure including due diligence ($5,000), processing ($1,500), and passport fee ($500) lands around $242,000. A couple using the same route pays roughly $256,000 all-in. A family of four (two adults, two minor children) on the NTF route reaches approximately $277,000 before any agent or legal fees. Agent and authorized representative fees are separate and typically run $10,000 to $25,000 depending on the firm and application complexity. If you are comparing these numbers against other Caribbean programs, this breakdown of second passport programs and their true costs puts Grenada in context alongside St. Kitts, Dominica, and Vanuatu.

Why Grenada's E-2 Treaty Access Changes the Math

UNIQUE US ACCESS

Grenada has a bilateral investment treaty with the United States that allows Grenadian citizens to apply for an E-2 investor visa, giving them the ability to live and work in the US by investing in a US business, typically $100,000 to $200,000 depending on the business sector. No other Caribbean citizenship by investment country currently offers this. For applicants who want a path into the US without qualifying for EB-5 (which requires $800,000 to $1.05 million), the Grenada passport plus an E-2 application is structurally cheaper and faster by a significant margin.

Processing Timeline and What Delays It

Official target timeline90 daysRealistic timeline3-5 months

Grenada's Citizenship by Investment Unit targets a 90-day processing window from the date a complete application is submitted. In practice, 3 to 5 months is more realistic when due diligence rounds require follow-up documentation, which is common for applicants from higher-scrutiny nationalities. The program does not currently offer a fast-track or priority processing fee option the way St. Kitts does with its Accelerated Application Process. Submitting through an authorized marketing agent rather than directly is mandatory, and agent quality directly affects how often the unit sends back requests for additional information.

Visa-Free Access and Tax Position

Visa-free destinations~145Grenada income tax on foreign income0%

A Grenada passport currently provides visa-free or visa-on-arrival access to approximately 145 countries, including the UK, the Schengen area, Singapore, and Hong Kong. Grenada itself imposes no taxes on worldwide income, capital gains, wealth, or inheritance for non-resident citizens, which means obtaining the passport does not create any new tax liability on its own. Applicants who are also breaking tax residency in their home country need to handle that process separately, since holding a Grenada passport does not automatically shift your tax residency.

QUESTIONS

Things people ask first.

What is the minimum cost for Grenada citizenship by investment?

The lowest entry point is $235,000 for a single applicant via the NTF contribution route, before adding due diligence, processing, and passport fees. All-in for a single applicant is closer to $242,000, plus any agent or legal fees.

Can I get my investment back after receiving Grenada citizenship?

The NTF contribution is non-refundable and cannot be recovered. The real estate route allows you to sell the qualifying property after a five-year holding period, at which point you retain citizenship regardless of the sale.

How long does Grenada citizenship by investment take?

The official target is 90 days from a complete application submission, but 3 to 5 months is a more realistic expectation for most applicants once due diligence rounds and document follow-ups are factored in.

Does Grenada citizenship require physical residency or visits?

No. Grenada does not require applicants to visit the island before, during, or after the application process, and there is no minimum stay requirement to maintain citizenship.

Can a Grenada passport holder apply for a US E-2 visa?

Yes. Grenada has an active bilateral investment treaty with the US, meaning Grenadian passport holders can apply for an E-2 investor visa to live and work in the US by investing in a qualifying US business. No other Caribbean CBI country offers this access.

Are there additional costs beyond the government contribution or real estate price?

Yes, and they add up. Budget for due diligence fees ($5,000 for the main applicant, $4,000 per adult dependent), a government processing fee ($1,500 per main applicant), passport fees (roughly $500 per person), and authorized agent fees that typically range from $10,000 to $25,000 depending on the firm.

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