History
Grenada joined the Caribbean CBI club later than its neighbors—the current program has been operating since 2013—but quickly secured a special position thanks to one advantage: an active investment treaty with the United States (E-2 treaty). This detail sets the Grenadian passport apart from other Caribbean programs.
Investment Options
There are two routes. A non-refundable contribution to the National Transformation Fund (NTF)—from USD 235,000 for a single applicant or a family of up to four people. Or an investment from USD 270,000 in an approved development project plus an additional government fee from USD 50,000. Real estate must be held for a specified period, after which it can be resold.
US E-2 Visa
Grenada is the only Caribbean CBI country with an active E-2 treaty with the United States. This opens a pathway for citizens to obtain the US E-2 investor visa, which allows them to live in the US and run their own business without obtaining immigration status. An important detail: for naturalized citizens of Grenada, eligibility for E-2 does not arise immediately—several years of actual connection to the country are required, so this route must be planned with time to spare.
💡 The combination of a Caribbean passport with access to the E-2 visa is something no other program in the region offers. For a family considering business and residence in the US without immigration status, this becomes a decisive factor in their choice.
Regional Unified Regulator (ECCIRA)
In 2024, five Caribbean states agreed on a unified minimum threshold of USD 200,000, and in 2025 they adopted laws to create a common regulator—the Eastern Caribbean Citizenship by Investment Regulatory Authority (ECCIRA). Its headquarters will be located in Grenada; the body is expected to become operational in 2026 and establish unified standards for all five programs.
Place in the Flag System
🔗 Related
Citizenship by Investment: Overview · Second Passport and Plan B · St. Kitts and Nevis (CBI) · Antigua and Barbuda (CBI) · US LLC for Non-Resident · Tax Residency: Basics
In the five flags system, this is Flag 1—citizenship and a second passport—but with a notable extension toward Flag 5: the E-2 visa, which opens legal presence in the US. The passport itself does not affect tax residency, but relocation to the States under E-2 does trigger US tax rules, which should be calculated in advance.
🍓 A Caribbean passport with a unique option—a pathway to the US E-2 investor visa; due to the requirement for a period of connection to the country, this route must be planned well in advance.
This material is prepared for educational purposes and reflects an expert overview, not individual advice. Thresholds, rates, and requirements change—verify current rules before applying and engage legal support if necessary.
Key factual claims
- Grenada joined the Caribbean CBI club later than its neighbors—the current program has been operating since 2013—but quickly secured a special position thanks to one advantage: an active investment treaty with the United States (E-2 treaty).
- Grenada is the only Caribbean CBI country with an active E-2 treaty with the United States.
- In 2024, five Caribbean states agreed on a unified minimum threshold of USD 200,000, and in 2025 they adopted laws to create a common regulator—the Eastern Caribbean Citizenship by Investment Regulatory Authority (ECCIRA).
- In the five flags system, this is Flag 1—citizenship and a second passport—but with a notable extension toward Flag 5: the E-2 visa, which opens legal presence in the US.