The small island state is aimed at developing the economy, and one of the chosen areas was to attract investment. And a lot has been done in Grenada for this. In particular, one of the ways is to grant citizenship. And here it is worth noting that there are many applicants, since only one passport greatly expands the borders. Everyone has the right to freely visit more than 140 countries, as there is an agreement on visa-free travel with these countries. This format is not only convenient for those who like to study the culture of other nations and just travel, but also for businessmen. The opening of borders expands opportunities for companies, opens a window into the international market, and much more.
Grenada simplifies the process in every possible way, as they themselves are interested in expanding the program. And there are several options at once, so the Grenada citizenship by investment cost can be different. Plus, it costs not only a fixed amount, but also additional costs, since the process itself requires assistance and some additional aspects.
Cost of obtaining a Grenadian passport through citizenship by investment
Grenada offers one of the most attractive citizenship-by-investment (CBI) programs in the Caribbean. Investors gain access to visa-free travel to over 140 countries, the opportunity to live and work in a peaceful island nation, and potential tax benefits — all without the requirement to reside on the island. However, before applying, it’s important to understand the full cost structure associated with obtaining a Grenadian passport through investment.
There are two main routes to citizenship by investment in Grenada:
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Donation to the National Transformation Fund (NTF)
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Real estate investment in a government-approved project
Each route comes with its own financial and legal requirements, government fees, and due diligence costs. Below is a detailed breakdown. Grenada Citizenship by Investment: Cost Breakdown (2025)
Category | NTF Donation (Single Applicant) | Real Estate Investment (Single Applicant) |
---|---|---|
Minimum Investment | $150,000 (non-refundable) | $220,000 (property share, resalable after 5 years) |
Government Fees | $0 (included in donation) | $50,000 |
Due Diligence Fee | $5,000 | $5,000 |
Processing Fee | $1,500 | $1,500 |
Passport Issuance Fee | $250 | $250 |
Bank and Service Charges | $500 – $1,000 (estimated) | $500 – $1,000 (estimated) |
Estimated Total | ~$157,250 | ~$277,750 |
Grenada’s citizenship-by-investment program is competitively priced, especially when considering the global mobility and lifestyle benefits it offers. The NTF donation option is more affordable and faster, while the real estate path allows for asset ownership and potential return on investment after five years.
Before applying, consult with a licensed agent to determine the most suitable route based on your goals — whether you’re seeking second citizenship for family security, global mobility, or investment diversification. Our team specializes in supporting clients through every stage of the Grenadian CBI process — from document preparation to passport delivery. Reach out to explore your options confidently and efficiently.
Breakdown of fees for the National Transformation Fund option
The second option is considered the most affordable and even the cheapest, since it will take the least amount to get a passport. This is an investment in one of the local funds. Why did the government create this program? The main reason is that it helps to ensure the social and economic spheres. The very principle is that those who wish to become citizens contribute a certain amount, and then the representatives of the fund distribute all the allocated funds and send them to where they are most needed at the moment. For example, it can be medicine or education. All funds go to the National Transformation Fund, and one of its functions is to receive and distribute funds received from investors.
Plus, there are some small additional costs. Such amounts are already considered small compared to the main amount of the deposit. These funds are used for various administrative expenses, legal support, etc. and here you will have to pay up to 15 thousand dollars so that the whole process goes smoothly. As a result, the passport was received, and the entire preparation process was as simple as possible, and the time frame became short.
Breakdown of fees for the real estate investment option
And the most popular option is real estate. Why choose this particular format? The thing is, it’s a really working attachment. Real estate is always a stable economic sector. Real estate can work for itself. It can be rented out, and the demand for rent is high, as there are simply no end of tourists here. In addition, it can be used as commercial real estate to create or develop a business. And of course, it can be used for personal living, and it also saves a lot of money on rent.
But in order to participate in the program, you need to invest at least 350 thousand dollars. And that’s the bottom line. You can buy an apartment for more, but if it’s less, you won’t be able to apply for citizenship. But there are no problems with the choice here, as the sector is constantly growing and new facilities are appearing. And again, do not forget that additional costs are also involved in order to carry out the entire procedure without any interference or slowdowns.
Passport renewal fees and validity periods
As in any country, there are certain rules for the possession of documents, and in particular, this applies to the validity period. It needs to be constantly updated, namely it has been valid for five years. Then you do not need to repeat the procedure at first, everything goes according to a more simplified version, but if you do not violate certain laws of the country.
If you need to renew documents for the whole family, then this amount increases several times. And again, do not forget about administrative fees, application fees, etc. This also slightly increases the total amount, and these additional costs should also be included in the total amount.
Additional costs and considerations
We have already said that with each option you choose, you will have to include additional costs. And now let’s take a closer look at what this money includes.
- Spouse: Additional $50,000 (government fees for real estate option)
- Children under 18: $25,000 per child
- Children 18–30, dependent parents/grandparents: $50,000 per person
- Siblings (if eligible): $75,000 per person + extra due diligence
It is very difficult to obtain citizenship without legal support. There are many nuances that are difficult to understand, and you will need a competent lawyer who will help you not only understand everything, but also arrange everything. Competent legal support will cost up to 10 thousand dollars, but this is already in difficult situations. Usually about 5 thousand dollars will be enough.
Plus, it’s worth including travel expenses. A personal presence is required for paperwork, filing papers, or sometimes a personal meeting with official representatives is required. The expenses are not as big as the investment itself, but a hotel for accommodation and plane tickets are something worth investing in. After receiving your passport, you should also not forget about the costs. For example, it’s worth investing in a business and keeping an eye on real estate. Both require money.
There are three main options for obtaining citizenship. And here the choice depends on several factors. All of them have their advantages and give different privileges. And the amount of investments also vary, and this should be taken into account when choosing the same option.