Grenada is Caribbean island which is located in the West Indies and a member of CARICOM. Grenada obtained independence from the UK in 1974 and is part of the Commonwealth countries and the Queen Elizabeth II is the head of state.

Grenada established their citizenship by investment program in 2013, making it one of the newest programs in the industry. However, the program offers low cost entry and offers ample of competitive advantage to investors.

Grenada offers two pathways to citizenship, The National Transformation Fund which is a government donation program and through a government approved Real Estate investment program. :

National Transformation Fund

		Single Applicant: US$ 200,000*
		Family of 4 (Main Applicant with up to three dependents): US$ 200,000*
		130 visa free countries including UK, EU, Russia and China.
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Real Estate Investment Program

		Single Applicant: US$ 220,000*
		Family of 4 (Main Applicant with up to three dependents): US$ 220,000*
		130 visa free countries including UK, EU, Russia and China.
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National Transformation Fund

In addition to the capital investment required, additional fees are payable by each family member, which are as follows:

Item		Cost
Due Diligence fees		US$ 5,000 Per person above 16 years old
Application fees		US$ 1,500 Per person
Processing fees		US$ 1,500 Per person above 16 years old US$ 500 Per person below 16 years old
Passport fees		US$ 250 per person
Oath of Allegiance		US$ 20 Per Person

Real Estate Investment Program

In addition to the capital investment required, additional fees are payable by each family member, which are as follows:

Item		Cost
Government fees for family fo 4		US$ 50,000 Per Application
Due Diligence fees		US$ 5,000 Per person above 16 years old
Application fees		US$ 1,500 Per person
Processing fees		US$ 1,500 Per person above 16 years old US$ 500 Per person below 16 years old
Share registration fees		US$ 8,800
Passport fees		US$ 250 per person
Oath of Allegiance		US$ 20 Per Person

*Legal fees for processing applications will vary on the number of dependents.