Grenada – Citizenship by Investment Program

October 30, 2020

Grenada has expanded the definition of a dependent to include the following:

  • Age 18+ unmarried and childless siblings of the principal applicant and spouse (additional fees apply);
  • Parents of the principal applicant or spouse, under age 55, who are fully dependent on the principal applicant and spouse (additional fees apply);
  • Babies born to the principal applicant and spouse within 1 year of citizenship issuance to the principal applicant.

As of April 1, 2019, two investors may share ownership of a unit in a Tourism Accommodation approved project, and invest USD $220,000 each (for a total investment of USD $440,000 in the unit).

Grenada has recently opened a consulate in Dubai, UAE.  This consulate will serve the UAE and Middle East region.

Grenada is the only Caribbean country that allows citizenship to be passed along to investors’ future spouses and children.  There is no residency, language, education, or interview requirement, and both cash and real estate investment options are available.