There are two different avenues for securing citizenship in Grenada:
A $150,000 contribution to the National Transformation Fund covers the cost for a single applicant; a contribution of $200,000 covers the cost for a family of up to four, with each additional dependent incurring a cost of $25,000. A $350,000 real-estate investment covers the cost for a family of up to four members, with each additional dependent incurring a cost of $25,000. It is also important to note that additional government processing fees start at $8,000 and can total $70,000.
- Total minimum cost for a family of four choosing the most economical option: $222,000 toward the National Transformation Fund, including fees.
The process is estimated to take two months from the initial submission to approval of citizenship. You can then apply for a passport, which is typically issued within days of the request. Grenada allows dual citizenship and does not require you to renounce your previous citizenship. The passport allows visa-free access to 142 countries and is ranked the 35th strongest passport in the world by the Henley Passport Index.