Country Profile

Grenada is composed of three Caribbean islands: Grenada, Carriacou, and Petite Martinique. It is one of the world’s largest producers of nutmeg – a spice that also features on the nation’s flag. Grenada’s other major crop exports are mace, cinnamon, and cloves, although cocoa and bean-to-bar chocolate are also important. Grenada’s white-sand beaches allow it to perform strongly in the tourism market, and its prestigious medical school at St George’s University ensures a flow of international students and staff. Grenada was invaded in 1983 by the United States, which, in a matter of weeks, ousted the then-communist regime and made way for today’s democratic state.
  • Official name: Grenada
  • National anthem: Hail Grenada
  • Location: Caribbean, Americas
  • Capital city: St George’s
  • Official language: English
  • Independence: 7 February 1974, from the United Kingdom
  • Government type: Constitutional monarchy with a parliamentary democracy
  • Head of State: Monarch represented by the Governor General
  • Head of Government: Prime Minister
  • Basis of legal system: English common law
  • Currency: Eastern Caribbean Dollar
  • Climate: Tropical

Programme Profile

Investment Options for a single applicant
  • A contribution to the National Transformation Fund
  • US$235,000
  • Investment in real estate in an approved project, to be held for 5 years if the future purchaser is an applicant for citizenship by investment.
  • US$350,000 + US$50,000 Government fee
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The Grenada Citizenship by Investment Programme

Launched in 2013 under the Grenada Citizenship by Investment Act, the Grenada Citizenship by Investment Programme supports the nation’s renewable and sustainable development initiatives, and stimulates foreign investment to promote tourism, construction, agriculture, and manufacturing in the country.

 

This year, Grenada rebranded to the Investment Migration Agency (IMA) Grenada. Grenada’s government authority responsible for handling all matters in relation to the CBI Programme. IMA Grenada was formerly known as the Grenada Citizenship by Investment Unit (CIU).

  • The Grenada CBI Programme has garnered global recognition and credibility, thanks to its stringent due diligence processes.
  • Application processing time takes between six and nine months.
  • The country does not require applicants to fulfil travel or residence requirements, making it an attractive option for investors.
  • The applicant’s spouse, dependent children up to age 29, unmarried siblings over 18, parents and grandparents may be included in the main application.
  • It is not mandatory for the applicant to demonstrate business experience or proficiency in English.
  • All main applicants, spouses, sponsors, and dependants 17 years of age and over will be required to attend a mandatory interview.