National Transformation Fund contribution, fees, E-2 eligibility and visa-free access
Grenada citizenship by investment starts at US$235,000 for a single applicant or a family of up to four and takes about seven months. It is the only Caribbean CBI passport with a US E-2 treaty and visa-free China, and the money is non-refundable.
Figures verified 27 September 2026 · Licensed CICC consultant, Toronto
Both routes carry the same government fees on top: application US$1,500 per person, due diligence US$5,000 per person aged 17+, processing US$1,500 per person (US$500 under 18), interview US$1,000 per person aged 17+. Full detail on the cost page.
US$235,000
Non-refundable once citizenship is granted. See the NTF page.
US$270,000
Government fees and due diligence apply on top of the purchase.
US$350,000
Resale liquidity is limited to other CBI buyers in practice.
Eligible dependants: spouse; children under 30 who are dependent; parents and grandparents aged 55+; unmarried, childless siblings aged 18+. Passport fee is separate.
Enter your family and investment route; the calculator applies the official Grenada fee schedule. We confirm the figure in writing before you commit.
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Official government figures only. Excludes our professional fees, legal and bank charges, translations and courier. Some fees are non-refundable if an application is refused. Figures verified 2026-09-27.
Get this as a written estimate
Jane Katkova has advised on citizenship and residence by investment since 1998. We confirm eligibility, the complete fee schedule and the realistic processing time before you pay anything, and we advise against a programme when it does not fit your circumstances.
The Grenada passport requirements are few in number but demanding to evidence: US$235,000 or an approved property, a clean record in every country you have lived in, a documented source of funds, and an interview for everyone aged 17 and over. Nationality restrictions apply.
The official Grenada citizenship by investment minimum contribution 2025–2026 is US$235,000 to the National Transformation Fund, for one applicant or a family of up to four. It is paid after approval in principle, it is non-refundable, and it is the route most of our clients take.
Seven months on average, range four to nine. Every step is filed by a licensed agent; no unit accepts direct applications. Full detail on the process page.
We check nationality, residence history, source of funds and family composition, and advise you if another programme suits you better than Grenada.
Passports, police certificates from every country of residence over the past ten years, bank references, source-of-funds and source-of-wealth evidence, medicals, translations and notarisations.
The licensed local agent files with the Investment Migration Agency. Application, due diligence, processing and interview fees are paid now and are non-refundable.
Mandatory for applicants aged 17+ under ECCIRA rules, by video, with biometric capture.
You pay the NTF contribution, or close the real estate purchase through escrow, only after approval in principle.
Certificate of naturalisation, then passports. Plan the first five-day visit within 12 months of citizenship if you filed after the 30-day rule took effect.
A Grenadian passport is held alongside your existing one, not in place of it. Here is what changes for each applicant profile.
| Your situation | What Grenada adds | What it does not change |
|---|---|---|
| US citizen | Second passport with Schengen, UK and China access; a contingency citizenship for the family; citizenship transmissible to children | US worldwide taxation, FBAR and FATCA reporting; no exit from the IRS without renouncing US citizenship |
| Canadian citizen | Second passport, visa-free China, a zero-tax base if you ever become Grenada tax-resident | Canadian tax while you keep residential ties; E-2 (Canada already has its own treaty) |
| US resident on an Indian, Chinese, Nigerian or Vietnamese passport | Schengen, UK, China, Singapore, Hong Kong without visas; E-2 eligibility after domicile in Grenada | Your US immigration status; you still need US visas on your original passport unless you use the E-2 route |
| Canadian PR or work-permit holder on a weak passport | Same visa-free travel; a second passport your children inherit | Canadian status; you cannot enter Canada on the Grenadian passport without a visa |
Photo: Hugh Whyte / Unsplash
Photo: Hugh Whyte / Unsplash
Photo: Hugh Whyte / Unsplash
Photo: Hugh Whyte / UnsplashBecause it is the reason many clients choose Grenada CBI over St Kitts or Dominica, we set out the conditions in full. The E-2 Treaty Investor visa is a US non-immigrant visa for nationals of treaty countries who invest a substantial, at-risk sum in a real, operating US business they will direct. It is renewable for as long as the business runs; spouses can work; it never becomes a green card on its own. US consular practice and Grenada's own rule expect a Grenadian citizen by investment to have genuine domicile in Grenada, commonly described as three years' continuous residence, before filing. The treaty offers no advantage to Canadian or US citizens. It is highly relevant to a Nigerian or Indian founder in Toronto or Houston whose own nationality has no treaty. We set out the whole route, and who should not attempt it, on the Grenada E-2 visa page.
Figures verified 27 September 2026. Fees and rules change; we confirm the current schedule on your call.
Grenada citizenship is a second passport and contingency plan, not a tax strategy. If you are American, the IRS taxes you on worldwide income wherever you live, and a Grenadian bank account is reported under FATCA (Grenada has a Model 1 IGA). If you are Canadian, you keep paying Canadian tax until you sever residential ties; the passport alone changes nothing. What you acquire is a second travel document for you and your children, transmissible to the next generation, from a country with no citizenship-based taxation, plus the option of a tax-free base if you ever move there for 183+ days a year.
This is most of our client base: work permit, PR, study permit or H-1B holders from Nigeria, India, Vietnam, China, Pakistan and the Gulf. A Grenadian passport gives you Schengen, the UK, China, Singapore and Hong Kong without visa queues. It does not get you into the US or Canada more easily: there is no US visa waiver for Grenada, and Canada requires a visa for Grenadian nationals. What it can add, if your own nationality has no treaty, is eligibility for a US E-2 investor visa after you establish genuine domicile in Grenada.
Thirty minutes with Jane Katkova, licensed CICC consultant, in Toronto. We tell you whether Grenada, St Kitts or Dominica fits your passport, family and US plans, and what it costs in writing.
Video forthcoming: the E-2 route, the 30-day physical presence rule and the EU 2028 letter.
About US$257,000 all-in on the National Transformation Fund route: US$235,000 contribution, US$6,000 in application fees, US$10,000 due diligence for the two adults, US$4,000 processing and US$2,000 interview fees, assuming both children are under 17. Passport fees and our professional fees are extra. The real estate route costs from US$270,000 plus a US$50,000 government contribution and the same fees.
Seven months on average, with a range of four to nine months, according to the IMI processing-times data for Q4 2025. Add one to two months before filing to assemble police certificates, bank references and source-of-funds evidence. Quotes of 60 or 90 days are outdated; they have not been achievable since interviews and regional due diligence under ECCIRA became mandatory.
No. There is no US visa waiver for Grenada, and Canada requires a visitor visa for Grenadian nationals; the eTA route open to Antigua, St Kitts and St Lucia nationals does not apply. Grenada was not named in US Proclamation 10998, so ordinary US visa categories remain available. The passport's value is Schengen, the UK, China and Asia, plus the E-2 treaty.
Grenadian citizens are eligible to apply, but two conditions matter. Grenada expects genuine domicile, commonly three years' residence, before you rely on the treaty, and the E-2 requires a substantial, at-risk investment in a real US business you will run. It is a non-immigrant visa, renewable while the business operates, and never a green card by itself. Canadian citizens gain nothing from it.
Not today. Grenada announced a 30-day physical-presence requirement within the first five years of citizenship, plus five days in the first 12 months for the main applicant, taking effect between April and June 2026. Applications filed before it took effect were grandfathered. Expect to spend those 30 days over five years, and budget the travel.
It is intact today. The European Commission wrote to Grenada and the other four islands in July 2026 asking them to phase out CBI by 1 June 2028 and to tighten vetting by September 2026, with the next review in December 2026. Vanuatu lost Schengen access under the same mechanism. Treat Schengen as a real benefit now and an uncertain one after 2028.
No. The US taxes citizens on worldwide income wherever they live, and FBAR and FATCA reporting continue; Grenada has a Model 1 FATCA agreement, so a Grenadian bank account is reported to the IRS. Canada taxes by residency, so a Canadian keeps paying Canadian tax until residential ties are severed. Grenada's zero tax on foreign income applies only to its tax residents.
Compare them side by side: investment citizenship programmes and Caribbean second passport comparison. Prefer residence to a second passport? See Panama golden visa or Greece golden visa.
This page is general information, not legal or tax advice. Programme rules change; we confirm every figure before you commit.
A confidential consultation with a licensed CICC consultant. We assess eligibility and total cost before you commit to any programme.