Citizenship by investment: Grenada: sourced answers
6 answers to specific questions — each with a verbatim quote from an official source and a link to it.
Every answer is checked against a verbatim quote from a stored copy of its source and has passed an independent review. This is reference information, not legal advice: rules change, and the outcome depends on your circumstances.
Citizenship, visa or residence programme
For how many years must the investment be held (not sold or withdrawn)
Applies when: immovable property
the property is held for five years
«5.-(1) Section 11 of the principal Act is amended by inserting after subsection (2) the following new subsections- "(3) A person to whom Citizenship by Investment is granted by virtue of an investment into an approved project under this section shall not dispose of the investment for the purposes of subsection (4) until the expiration of five years from the grant of his or her Citizenship. (4) Where the investment into an approved project for the purposes of subsection (1) is purchase of real estate and the vendor was granted Citizenship under this section by virtue of purchase of the same real estate, the purchaser may make an application under subsection (1), if the purchaser makes the investment after the expiration of the period specified under subsection (3).".»
Source: grenadaparliament.gd · source copy as of 2026-10-02
Up to what age can a child be included in the application
Applies when: fully supported by the applicant
dependent children under 30
«2. Section 2 of the principal Act is amended in the definition of “dependant” as follows– (a) by repealing paragraph (c) and substituting therefor the following new paragraph– “(c) a child of the main applicant or his or her spouse who is at least eighteen years and less than thirty years of age and supported by the main applicant or his or her spouse;”; (b) by repealing paragraph (e) and substituting therefor the following new paragraphs– “(e) a parent or grandparent of the main ap - plicant or his or her spouse above the age of fifty-five years fully supported by the main applicant or his or her spouse; (f) a parent or grandparent of the main ap - plicant or his or her spouse not exceed - ing the age of fifty-five years and fully supported by the main applicant or his or her spouse; (g) a sibling of the main applicant or his or her spouse, whether biological or adopt- ed, who is– (i) at least eighteen years; and (ii) single with no children; (h) a child born of the main applicant or his or her spouse within twelve (12) months Amendment of section 2 of principal Act. 2019 Grenada Citizenship by Investment Act 3 31 (Amendment) of the grant of citizenship pursuant to this Act.”.»
Source: grenadaparliament.gd · source copy as of 2026-10-02
From what age can a parent (grandparent) be included in the application
Applies when: fully supported by the applicant; grandparent; parent
parents and grandparents of any age if financially dependent
«2. Section 2 of the principal Act is amended in the definition of “dependant” as follows– (a) by repealing paragraph (c) and substituting therefor the following new paragraph– “(c) a child of the main applicant or his or her spouse who is at least eighteen years and less than thirty years of age and supported by the main applicant or his or her spouse;”; (b) by repealing paragraph (e) and substituting therefor the following new paragraphs– “(e) a parent or grandparent of the main ap - plicant or his or her spouse above the age of fifty-five years fully supported by the main applicant or his or her spouse; (f) a parent or grandparent of the main ap - plicant or his or her spouse not exceed - ing the age of fifty-five years and fully supported by the main applicant or his or her spouse; (g) a sibling of the main applicant or his or her spouse, whether biological or adopt- ed, who is– (i) at least eighteen years; and (ii) single with no children; (h) a child born of the main applicant or his or her spouse within twelve (12) months Amendment of section 2 of principal Act. 2019 Grenada Citizenship by Investment Act 3 31 (Amendment) of the grant of citizenship pursuant to this Act.”.»
Source: grenadaparliament.gd · source copy as of 2026-10-02
Does the status itself make the holder tax resident on worldwide income
citizenship alone does not create it
Tax residence there follows presence — more than 183 days
«What is a Tax resident? A tax resident is a person who spends more than 183 days a year in Grenada. For companies, they can become a tax resident of Grenada if it is registered in the country, or its head office is in Grenada. 26 ---- Am I entitled to a refund? If the calculation on your tax return results in a negative amount of Income tax payable 27 ---- How can an individual get a tax refund? You must file a return for the reporting period and apply for a tax refund on the prescribed form. 28 ---- What is a Vat Invoice? It is a document issued by a VAT registered business stating the details of a taxable supply and all other related information as prescribed by the VAT legislation. 29 ---- What should I do if I want to cancel my registration for VAT? Submit a written letter of request to the comptroller Inland Revenue Division. 30 ---- What are zero rated supplies? Zero rated supplies refer to items that are subject to 0% VAT on their input supplies. …»
Source: ird.gd · source copy as of 2026-10-02
Can the previous citizenship be kept when acquiring citizenship by this route
the programmes permit holding another citizenship; its retention remains subject to the origin country's law
«Must I renounce my current citizenship and passport to receive Grenadian Citizenship? No, Grenada allows dual citizenship, and you thus do not need to renounce any other citizenship or passport. *»
Source: imagrenada.gd · source copy as of 2026-10-02
Who, besides the applicant, must file or support the application
Only through a licensed agent
«Fees and Costs Application Process cite17†Image: KNVS-IMAGR-00003---IMA-Grenada-Website-Design---Application-Process(light-mode)-Icons-1 Step 1 The first step in applying for citizenship is choosing an Authorised International Marketing Agent. Applications for citizenship may not be submitted directly to Grenada’s Citizenship by Investment Committee (CBIC) and must only be handled by agents. Applicants must contact an Authorised International Marketing Agent, who in turn will liaise with an Authorised Local Agent. Applicants may not contact Authorised Local Agents directly. An ‘Authorised International Marketing Agent’ is a trusted global marketer who is permitted to promote the Programme and who assists applicants along with the Authorised Local Agent. An ‘Authorised Local Agent’ is someone who has been granted a Local Agent’s licence by the Minister and who is authorized to act on behalf of the main applicant with respect to his or her application. …»
Source: imagrenada.gd · source copy as of 2026-10-02
«Step 1 The first step in applying for citizenship is choosing an Authorised International Marketing Agent. Applications for citizenship may not be submitted directly to Grenada’s Citizenship by Investment Committee (CBIC) and must only be handled by agents. Applicants must contact an Authorised International Marketing Agent, who in turn will liaise with an Authorised Local Agent. Applicants may not contact Authorised Local Agents directly. An ‘Authorised International Marketing Agent’ is a trusted global marketer who is permitted to promote the Programme and who assists applicants along with the Authorised Local Agent. An ‘Authorised Local Agent’ is someone who has been granted a Local Agent’s licence by the Minister and who is authorized to act on behalf of the main applicant with respect to his or her application. cite18†Image: KNVS-IMAGR-00003---IMA-Grenada-Website-Design---Application-Process(light-mode)-Icons-2 Step 2 The second step in an application for citizenship is contacting an Authorised Marketing Agent, whose role is to provide the applicant with assistance in preparing documents for submission to the CBIC. …»
Source: imagrenada.gd · source copy as of 2026-10-02
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