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Grenada.

How Grenada sells citizenship for investors: 2 programmes, 1 of them open today. Every number and rule below links to the document it comes from.

4,832
numbers
110
prices and rules
46
events
73
documents and articles
Citizenship·Open·since 2013

Citizenship by investment programme

Sells citizenship, and with it a passport.

Official name: Grenada Citizenship by Investment Programme (Investment Migration Agency Grenada)

Lowest price for one person: US$235,000

National Transformation Fund contribution from 1 Jul 2024; the same amount covers a main applicant with up to 3 dependants, so a single applicant pays it too. Real-estate alternatives cost more: US$270,000 share in an approved unit (t-9682e1c20a) or US$350,000 whole investment (t-31e639c14c), each plus a US$50,000 government contribution (t-e32287fd40). Older rows t-d2fbafe7c0 (US$200,000) and t-3c00a0005e (US$150,000, to 30 Jun 2024) are superseded.

Notes from the research

Legal basis: Grenada Citizenship by Investment Act No. 15 of 2013 and SRO 17 of 2013. First approvals 2014. Routes: NTF donation, approved real estate, significant investment (from 2024 statistics). Unit rebranded IMA in March 2024. The launch date (August 2013) is the month Parliament passed Act No. 15 of 2013, as given by the IMA; neither the Act's publication date nor its in-force date is in a stored document.

Applications received
01k2k3k2014201620182020202220242026

Prices and rules

Ways in that apply today (minimum amounts)
Fees today

What is measured

  • Payments out of a CBI-financed account or fund2040
  • All money paid by buyers, including property purchases551
  • Money the government received from selling citizenship325
  • Applications received291
  • People who became citizens285
  • Applications turned down284
  • Applications approved283
  • CBI money due to the government (calculated)175
  • Money the programme handed to the government138
  • Money credited to a CBI-financed account or fund137
  • Applicant share54
  • Balance of a CBI-related government account45
  • Government income from selling citizenship, as a share of the economy45
  • Debt payments linked to CBI revenue32
  • Applications processed28
  • All money paid by buyers, as a share of the economy27
  • Debt payments linked to CBI revenue, percent of GDP22
  • CBI real-estate investment inflows14
  • Primary balance excluding CBI revenue, percent of GDP14
  • Government spending on running a CBI programme12
  • CBI share of non-tax revenue6
  • Passports issued4
  • Applications pending3
  • Investment projects approved for a programme2
  • Processing time2
  • Licensed programme agents1
  • Change in applications received (percent, as stated)1
  • Agent commissions paid abroad, share of GDP1
  • Selling citizenship as a share of all government income1
  • Programme money against its target1
  • Share of applications turned down1
  • CBI development-fund assets as a share of GDP1
  • Income of the development fund paid for by passport sales, as a share of the economy1
  • Visa-free destinations1
Citizenship·Closed·1997–2001

Economic citizenship (1997-2001)

Sells citizenship, and with it a passport.

Official name: Grenada Economic Citizenship Program (1997-2001)

Lowest price when it closed: US$39,000

Price on closure (suspended Nov 2001). Rests only on an industry blog ('The prices for Grenada passport was only $39,000 going back to 1997'), which puts the total including fees at $50,000; unverified, and who it covered is not stated. Treat as low reliability.

Notes from the research

Predecessor scheme; suspended indefinitely after 9/11 (UNGA statement Nov 2001). Launch 1997 per the US State Department (the 1997 Citizenship Amendment Act 'enables' purchase); an industry account says the Act made an existing scheme more attractive. Both accounts are on the timeline. Proposed as a separate program_id; merge into grd-cbi if the dataset prefers one id per jurisdiction.

Prices and rules

Rules while it was open

What is measured

  • Revenue forgone by suspending or closing a programme (estimate)1
  • Passports issued1
  • People who became citizens1
  • Visa-free destinations1
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All the numbers we have for Grenada

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Timeline

What happened, and when

Sources

The 73 documents behind this page

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