Country overview
Grenada — the 'Spice Isle' — offers a genuine blend of lush interior rainforest, high-quality beaches, and a small-but-sophisticated expat community centred on Grand Anse. St. George's is the Caribbean's most scenic capital, and the island has invested steadily in private healthcare and international schooling. Its US treaty investor visa access makes it uniquely attractive to those with US business ambitions.
Tax overview
No capital gains tax, no inheritance tax, no net wealth tax. Income tax applies at up to 28% on locally earned income. Foreign-sourced income is not taxed for non-resident citizens. The E-2 treaty is the key tax planning tool for US-focused investors.
Safety
Good — Grenada ranks among the Caribbean's safer islands with low rates of violent crime. Hurricane Beryl (2024) caused significant damage, highlighting the ongoing climate vulnerability of the Southern Caribbean.
Healthcare
St. George's University Hospital and the private Grenada General Hospital provide reasonable care. St. George's University's medical faculty supports a higher standard of local healthcare than most comparable islands.
Education
St. George's University is a world-class medical school attracting students globally, giving the island outsized academic infrastructure. Private K-12 schools serve the expat community.
Investment routes
Grenada's CBI program, launched in 2013, is best known for the E-2 Treaty Investor Visa benefit — Grenadian citizens can apply for US E-2 visas to live and work in the US while running a business there, a benefit no other Caribbean CBI passport offers.
National Transformation Fund (NTF) Donation
Investment required
USD 150,000 single; USD 200,000 family of four
Residency timeline
No residency requirement
Citizenship timeline
4–6 months
Non-refundable. Premium pricing reflects the E-2 treaty advantage.
Approved Real Estate Investment
Investment required
USD 220,000 in approved real estate (held 5 years)
Residency timeline
No residency requirement
Citizenship timeline
4–6 months
Shared ownership allowed. Must be in government-approved hospitality or real estate projects.
Direct citizenship. The E-2 US Treaty is the single most differentiating feature of the Grenada CBI program globally.
Economic opportunity
Grenada's economy is diversified across tourism, spice agriculture (nutmeg, mace, cloves), and academic services via St. George's University. The E-2 treaty creates a de facto corridor to US business investment for Grenadian citizens.
GDP
$1.3B (2024)
Unemployment rate
~14%
Key industries
The combination of Grenada citizenship and an E-2 treaty visa enables a unique structure: obtain Grenada citizenship, then apply for US E-2 status by investing USD 100,000–$500,000 in a US business.
Who this programme suits
Grenada uniquely attracts investors with specific US business ambitions who cannot otherwise obtain US work authorization. It commands a premium in the CBI market because of this treaty advantage.
Entrepreneurs who want to live and run a business in the US via the E-2 Treaty Investor Visa
Chinese and Indian nationals seeking US market access without the EB-5 wait or H-1B lottery
HNW investors wanting Caribbean citizenship with the broadest practical utility (Schengen + US)
St. George's University applicants and medical professionals attracted by the academic ecosystem
Common origin countries
At a glance
Region
Caribbean
Programme type
Passport rank
#26
144 visa-free destinations
Tax summary
No capital gains tax, no inheritance tax, no net wealth tax. Income tax applies at up to 28% on locally earned income. Foreign-sourced income is not taxed for non-resident citizens. The E-2 treaty is the key tax planning tool for US-focused investors.
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