Grenada Real Estate Citizenship: Approved Projects, Costs and the Five-Year Hold

The Grenada Citizenship by Investment program grants citizenship to foreign investors who invest at least USD 270,000 in approved real estate and visa-free access to more than 140 destinations.

Who Is the Grenada Citizenship by Investment Program For?

The Grenada Citizenship by Investment (CBI) program is designed for high-net-worth individuals seeking a second citizenship for family protection, asset diversification, and long-term legacy planning.

Why Grenada Real Estate Citizenship is the Strategic Choice

The Grenada real estate route combines Caribbean citizenship with ownership of a share or unit in a government-approved resort development. Unlike a contribution to the National Transformation Fund, the investment can be resold once the five-year holding period ends. All Caribbean citizenship by investment programmes offer visa-free travel to the UK and the Schengen Area. Grenada, along with Dominica and Antigua and Barbuda, also offers visa-free access to China and Russia, which is relevant for investors with business or family ties in Asia.

Does Grenada real estate citizenship lead to a US E-2 visa?

Grenada is the only Caribbean citizenship by investment country with an E-2 treaty with the United States. Since December 2022, applicants who obtained Grenadian citizenship through investment, including approved real estate, must show three continuous years of domicile in Grenada before applying for the E-2.

China & Russia Visa-Free Access

Another important benefit for applicants of the Grenada CBI real estate program is visa-free entry to mainland China (typically 30 days) and 90-day visa-free access to Russia. These benefits are also available to passport holders from Dominica and Antigua & Barbuda.

For investors with business links in Asia, for Chinese or Asia based nationals seeking a second citizenship, and for those who travel frequently between the US and China, this is especially appealing.

Real Estate vs Donation: Why Many Investors Choose Property

Grenada offers applicants the option for making a qualifying investment via a donation to the National Transformation Fund (NTF) or by investing in a real estate route. The NTF option is straightforward and non-refundable, while making a qualifying investment for Grenada real estate citizenship offers:

1. Ownership (or co-ownership) of a tangible asset
2. Potential for capital preservation or limited returns
3. Access to luxury resorts and personal usage rights
4. Resale opportunities after the mandatory five-year holding period

Real estate options are available from USD 270,000 for share investments and around USD 350,000 and above for direct purchases. It is important to note that investments in Grenada real estate are subject to a five-year hold. However this is shorter than the typical seven-year period required by some competing programs.

Understanding Grenada’s Real Estate Investment Options

Launched in 2013, the Grenada Citizenship by Investment Program allows applicants to qualify through either a government contribution or an approved real estate investment in Grenada. The real estate option has become the preferred choice among investors, especially those seeking tangible assets and long-term value.

Investors can choose among four government approved resort developments operated or branded by international names such as Silversands, InterContinental, Six Senses La Sagesse, and the Grenada Hideaway project, with a five-year holding period and a competitive entry range of USD 270,000–350,000.

Government-Approved Grenada Real Estate for Citizenship

Only government-approved projects are eligible for investment. Today, the program prioritises premium hospitality developments partnered with recognised global brands, meaning investors are typically buying into established luxury resorts.

Grenada Hideaway

Grenada Hideaway is a 45-unit, all-suite condominium development located near St. George’s University. Its location offers a steady stream of demand from students, faculty, and visiting professionals throughout the year, making investment in Hideaway Grenada attractive for those who look for passive income from renting the property.

The minimum qualifying investment is USD 270,000 for a share in the development, with a five-year holding period. What separates this project from other eligible developments is its financial structure as investors receive a guaranteed 3% annual return on the invested amount and have access to a buyback option at the end of the holding period.

The model has another significant advantage in that no maintenance or operational responsibilities are required from the investor.

InterContinental Grenada La Sagesse

The InterContinental Grenada La Sagesse is a 5-star resort under the IHG Hotels & Resorts brand, developed by Range Developments, a respected developer in the Caribbean real estate citizenship programs. The project is located at La Sagesse, a beautiful bay on the island’s southeast coast, known for its natural beauty and more secluded setting.

The minimum qualifying share investment is typically USD 270,000, with a five-year holding period. InterContinental Grenada offers an additional financial incentive: a USD 50,000 completion bonus payable upon the hotel’s opening (subject to the final program and project terms at the time of investment). This bonus can be considered to reduce the net cost of entry for investors. However, investors must be comfortable investing in a project that is still being developed, with completion expected in 2026.

Where can Grenada citizens travel visa-free?

In addition to being the only Caribbean nation with US E-2 Visa eligibility, Grenada citizenship grants visa-free travel to China, Russia, and more than 140 other destinations worldwide.

China Visa-Free Access

Holders of a Grenada passport can typically enter mainland China visa-free for up to 30 days. The visa free status for Grenada passport holders in China is particularly attractive for the following groups of applicants:

1. Chinese nationals using Grenada as a second citizenship
2. Investors with manufacturing, sourcing, or distribution links in China
3. Business owners who regularly travel between China, North America, and Europe
4. Families with personal or professional ties to mainland China

Russia and Wider Mobility

In addition to China, Grenada citizens can travel visa-free to Russia (usually for stays up to 90 days), the UK (up to six months), the Schengen Area (90 days within any 180-day period), Hong Kong, Singapore, and most of the Caribbean and Latin America.

Furthermore, as a CARICOM and Commonwealth member, Grenada also offers the ability to live and work in several neighbouring Caribbean countries, and benefits associated with a Commonwealth passport.

Grenada Real Estate Citizenship Investment Requirements

The total cost of buying property in Grenada for citizenship will depend on the chosen project, family size, and professional fees. Please see below for an example of the possible costs applicants can expect

Real estate investment

1. Share ownership: USD 270,000 (Hideaway, InterContinental)
2. Direct purchase: from around USD 350,000 (where available)
3. All must be in government-approved developments
4. A minimum five-year holding period

Government fees (current framework, subject to change):

1. Single applicant: USD 50,000
2. Family of four (main applicant, spouse, two minor children): USD 50,000
3. Additional dependants under 18: USD 25,000 each
4. Dependants 18 and above: USD 25,000 each
5. Parents/grandparents under 55: USD 50,000 each
6. Parents/grandparents 55+: USD 25,000 each
7. Qualified siblings: USD 75,000 each

Due diligence and professional fees

1. Due diligence: generally around USD 5,000 per adult
2. Legal and advisory fees (varies by firm)
3. Escrow and bank charges

See full programme details here Grenada Citizenship page

The Five-Year Holding Period

All real estate projects qualifying for the Grenada CBI real estate investment require a minimum holding period of five years.

During this 5 year period, the investor must maintain the investment for at least five years from the date of citizenship approval.If the applicant sells or withdraws their investment, it may result in cancellation of the application.

After five years, the property interest can be sold either to another CBI applicant (if the project remains on the approved list) or on the open market

Grenada Citizenship Benefits Beyond Real Estate

As well as the excellent travel and global mobility opportunities offered by obtaining Grenada Citizenship, applicants will also be able to take advantage of the following benefits.

Personal Taxation

Grenada has an investor-friendly tax environment. For individuals who are not tax-resident in Grenada, there is:

1. No tax on foreign-source income
2. No capital gains tax on worldwide assets
3. No inheritance or wealth tax

Local taxation can apply to Grenada-source income, and any change in tax residence should be considered carefully alongside home-country rules. Citizenship by itself does not automatically change tax residence, so it is advisable to obtain personalised tax advice when integrating Grenada real estate citizenship into broader wealth and succession planning.

Family Inclusion

Grenada’s family policy is among the most flexible in the Caribbean CBI space. A single application can include the following dependents:

1. Spouse
2. Children under 18
3. Children aged 18–30 who are financially dependent
4. Parents and grandparents of the main applicant or spouse, regardless of age (if financially supported)
5. Unmarried siblings over 18 with no children, related to either the main applicant or spouse

Because the program accommodates a wide range of dependents, entire multi-generational families can be included under one application. Future spouses and children may also be added later through established procedures, and citizenship can be passed on to future descendants in accordance with Grenadian nationality law.

This is a significant benefit for applicants who are interested in legacy planning and providing security for their family.

Read Also: How Citizenship by Investment Supports Legacy Planning

The Grenada Real Estate Citizenship Application Process

Processing times for Grenada real estate citizenship currently average around six months, making it one of the quickest pathways available under any citizenship by investment program.

Please note, all applications must be prepared and submitted by an Authorised Agent such as Harvey Law Group.

Step 1 – Property Selection and Initial Consultation

The process begins with an initial consultation with Harvey Law Group, where the investor’s objectives, family composition, and budget are reviewed. At this stage, HLG explains the four developments in detail, including investment options, personal-use rights, and exit strategies.

Once the applicant has chosen their real estate investment, a reservation or subscription agreement is signed and the initial deposit required by the development is paid.

Step 2 – Document Preparation and Submission

Once eligibility is confirmed, the applicant completes the required application forms and prepares all the supporting documentation, including identification documents, police certificates, financial records, and medical forms.

Applicants will also make a payment for the legal fees and the government’s due diligence fees.

After all documents are prepared and verified, the authorised representative submits the full application for review to the Executive Office of the CBIC.

These documents are translated into English if needed, notarised, and, where appropriate, legalised or apostilled. A properly structured documentation package is an important factor in maintaining the current six-month processing pace promoted by the program.

Step 3 – Due Diligence and Government Review

The Grenada CBIC will then conduct a comprehensive due diligence, including international database checks, source-of-funds verification, and security screening. In some cases, additional information may be requested.

HLG maintains communication with the CBI Unit throughout, responding to queries and updating the client. Processing times have recently been shortened, with many well-prepared applications now completing within four to six months from submission.

Step 4 – Approval, Investment Completion, and Citizenship Issuance

Once the application is approved in principle, the investor must complete the payment of the remaining balance of the real estate investment. The share or property interest is registered, and the final government fees are paid.

The authorities then issue a Certificate of Registration of Citizenship, and passports are prepared.

Frequently Asked Questions

Can a US citizen buy property in Grenada?

Yes. US citizens can buy property in Grenada without restriction and may apply for citizenship through the CBI program if they meet the requirements. Grenada allows dual citizenship, so Americans keep their US nationality while also acquiring Grenadian citizenship. However, US citizens remain subject to US tax on worldwide income regardless of Grenada real estate citizenship.

What real estate qualifies for Grenada citizenship?

Only government-approved developments qualify. At present, these include projects such as: Silversands Beach House, Grenada Hideaway, InterContinental La Sagesse, and Six Senses La Sagesse. Investors may participate via share ownership or qualifying direct purchase, subject to a five-year holding period.

How much does it cost to buy Grenada citizenship by investment?

For a single investor using the real estate route, a typical budget starts around USD 280,000–290,000, combining a USD 270,000 share investment, USD 50,000 in government fees, due diligence costs, and legal fees. For a family of four, total costs for buying property in Grenada for citizenship often range around USD 300,000–320,000 depending on the project and final fee structure.

Is it easy to get citizenship in Grenada?

For well-prepared applicants with a clean record and legitimate source of funds, the process is straightforward when handled by an authorised agent. The current processing timeframe is often in the region of four to six months from submission, with final passports typically issued within a month after investment completion. Working with an experienced legal team helps make the process as smooth as possible.

Does Grenada citizenship give me China visa-free access?

Yes. Grenada is currently the only Caribbean CBI country whose passport offers visa-free entry to mainland China, typically for up to 30 days. This is one of the main reasons Asian and China-focused investors choose Grenada real estate citizenship over other Caribbean options. The passport also offers visa-free access to Russia (around 90 days) and over 140 other destinations.

How long must I hold my Grenada CBI property?

The standard holding period is five years. Investors must retain their property share or unit for at least this period to remain in compliance with the program. After five years, they are free to sell; in some developments, such as Silversands and Hideaway, structured buyback mechanisms are available.

Which Grenada property offers the best investment security?

Silversands Beach House is often viewed as the most capital-protective option because it includes an automatic buyback mechanism after five years. Grenada Hideaway offers a 3% guaranteed annual return plus a buyback option, which many investors find attractive for predictable income. The best choice depends on an investor’s risk tolerance and objectives.

Do I have to live in Grenada after getting citizenship?

No. There is no residency requirement before, during, or after obtaining citizenship. Many investors never relocate to Grenada and treat their property as a managed hospitality asset and occasional holiday base.

Does Grenada allow dual citizenship?

Yes. Grenada recognises dual and multiple citizenships. Investors should verify their home country’s position on dual citizenship, but in many cases, such as for US, UK, Canadian, and EU nationals, holding a Grenadian passport alongside an existing one is permitted.

What countries can I visit visa-free with a Grenada passport?

Grenadian citizens can visit more than 140 destinations visa-free or with visa on arrival, including the UK, Schengen Area, China, Russia, Hong Kong, Singapore, and most of the Caribbean and Latin America. This is in addition to eligibility for the US E-2 Investor Visa.

Can I include my family in my Grenada citizenship application?

Yes. Eligible dependents include a spouse, children under 18, dependent children up to age 30, parents and grandparents of the main applicant or spouse (if financially supported), and unmarried siblings over 18 with no children. Government fees vary by relationship and age bracket.

How fast is Grenada citizenship processing?

With well-prepared documentation and an authorised agent managing the file, processing is currently often in the range of four to six months from submission to approval. Passports are normally issued within about one month after investment completion, making the total timeline roughly five to seven months for most applicants.

Is Grenada citizenship worth it compared to other Caribbean options?

For investors who prioritise US access via the E-2 visa or value visa-free travel to China, Grenada offers a combination of benefits not available elsewhere in the Caribbean. While some countries may have lower investment thresholds, they cannot provide the same access to the US or China.

What is the difference between share ownership and direct purchase?

Share ownership gives the investor a stake in a resort or hotel development and usually operates under a managed rental pool. Direct purchase (from around USD 350,000) provides full ownership of a specific unit. Both can qualify for Grenada real estate citizenship, but most CBI investors choose the share option due to its lower entry level and passive nature.

Are there ongoing costs after obtaining Grenada citizenship?

Ongoing costs are limited. There are no annual “citizenship maintenance” fees. Property-related operational and maintenance costs are typically covered by the development under the investment structure. Passports must be renewed periodically, as with any nationality, and if you pursue an E-2 visa, that category carries its own renewal fees and requirements.