Homes That Qualify for Grenada Citizenship

Grenada runs its citizenship by investment program through its Citizenship by Investment Unit. On the real estate route the purchase has to be in an approved project, meet the required amount, and be held for the required period.

The program’s fee schedule lists a required real estate amount of US$350,000, and a minimum of US$220,000 for each share in a unit approved under Section 11. Applicants must keep the real estate for at least five years after citizenship is granted.

I’m a licensed real estate agent. I’m not a lawyer, a tax adviser or a licensed citizenship agent. The citizenship application itself is prepared and filed by a licensed agent approved by the program, and I work alongside the agent and the lawyer you appoint.

The contribution route, which leaves no home at the end, is set out on the Grenada program page.

The qualifying amount is the property, not the total. The program publishes its own fees on top.

The government fee for a larger family rises by US$25,000 for each dependant after the third.

These totals add the program’s published fees to the US$350,000 amount, and nothing else. They leave out the licensed agent’s and lawyer’s fees, purchase taxes and closing costs. A buyer of a US$220,000 share pays the same fees on a lower property amount.

The line-by-line costs, including the statutory charges on a purchase, are on the citizenship costs and timelines page and in the Caribbean property cost table. I put a single all-in figure for your family and your chosen home in writing before anything is signed.

1. Settle the budget and the family. Decide who goes on the file and what kind of home you want: a managed unit or share, or a residence of your own.

2. Choose the home, then confirm it qualifies. Each home is checked against the approved list before an offer is made.

3. Appoint a licensed agent and a local lawyer. The agent prepares and files the family’s application; the lawyer handles the purchase.

4. Assemble the due diligence file. Identity, source of funds and source of wealth for every person on the application. Gaps here are the usual cause of delay.

5. Agree the purchase and file. The purchase is agreed and the agent submits the application with the fees due on submission.

6. Approval and completion. The remaining fees are paid, the purchase completes and the family’s citizenship is granted. Then the hold period runs.

The US State Department says that “U.S. law does not require a U.S. citizen to choose between U.S. citizenship and another (foreign) nationality.” US nationals, including dual nationals, must use a US passport to enter and leave the United States. Source: US Department of State, Dual Nationality, last checked 8 November 2026.

Not tax advice. The IRS says a US citizen is “subject to U.S. income tax, regardless of where they live or where they earn their income.” Rental income from the home, and any gain when you sell it, stay on your US return, and foreign bank accounts totalling more than US$10,000 at any time in the year need an FBAR filing. Source: IRS Tax Tip 2023-36, last checked 8 November 2026. Speak to a US tax adviser before you buy.