The Government of Grenada has published its report on the applications received for Grenada citizenship by investment program for Q1 2023. Highest number of applications were received for the month of march and the real estate applications overtakes the NTF donation fund which shows real estate is the most popular investment option for citizenship investors. Grenada has very good five star hotels approved for citizenship by investment. A total of 980 person were issued Grenada passports after becoming citizens through the investment scheme for this year. Applications rejected remains very low.

Applications 2023 NTF Donation Real Estate New Citizens*
Jan 63 88 245
Feb 73 86 157
Mar 120 146 578

Note * – Applications for previous period later approved.
Source: CBI Statistics – Ministry of Finance

Grenada remains a very good CBI program who seek to own a strong passport with visa free capabilities and also a possibility to apply for E-2 investor visa to United States.  Grenada also a family friendly citizenship program for biological or adopted siblings (unmarried and no child) to get citizenship along with family members in same application. Grenada requires one time contribution of USD 150,000 to National fund (non-refundable) or USD 200,000 invested in the property market for acquisition of citizenship. A Decision on Applications are issued in 90 days after a thorough background check is conducted.

We have compiled the data for previous calendar years.

CBI Applications Received (Total) NTF Real Estate Applications Approved Applications Rejected
2023 Q1 576 256 320 299 7
2022 1251 297 954 453 8
2021 566 213 353 402 24
2020 394 151 243 375 35
2019 373 192 181 265 44

Source: CBI Statistics – Ministry of Finance