The Spice Isle. CBI Citizenship
From USD 235K. Grand Anse
Coastal Assets at 4–6% Gross.
Grenada — the “Spice Isle” — combines direct CBI citizenship (150+ destination visa-free access, no residency requirement historically), 0% capital gains tax, and front-line Caribbean coastal assets at USD 1,500–2,500/m². The Grand Anse and Lance Aux Épines corridors are among the Eastern Caribbean’s most established resort and second-home markets, with proven tourism demand and limited new coastal supply. The full report covers the complete picture: the 22–24%+ total acquisition cost (driven by a rare dual-layer of both the 10% Alien Landholding License AND a 10% Property Transfer Tax for foreign buyers), the 2026 new 30-day physical presence requirement for CBI citizens, and why the Exit Score of 5.5 demands honest underwriting before you commit.
- Direct CBI citizenship — not residency — from USD 235K (NTF donation) or USD 270K–350K (approved real estate): 150+ destination visa-free access, 7–9 month processing
- Zero capital gains tax: 0% CGT on property sale proceeds for individuals, in a stable English-speaking common-law jurisdiction
- 4–6% gross yields in prime Grand Anse and Lance Aux Épines coastal and resort units; 2–4% in long-term residential
- USD 1,500–2,500/m² entry pricing in investable coastal stock — a 2–4x discount to comparable Mediterranean or US coastal markets at similar gross yields
- Established tourism corridor: Grand Anse is one of the Caribbean’s most recognised resort beaches, driving consistent STR demand from North American and European visitors
- Low single-digit to ~4% annual price appreciation in 2024–2026, supported by tourism growth and constrained coastal supply
Grenada Intelligence Report
CBI Citizenship from USD 235K, 0% CGT, 22–24%+ Acquisition Costs, Grand Anse Yields, 2026 Residency Rule, Exit Score 5.5
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CBI Citizenship, 0% CGT, Strong Tourism. Also the Portfolio’s Highest Acquisition Cost Structure and a New 2026 Residency Rule.
Grenada occupies an established position in the Eastern Caribbean CBI landscape — more expensive than Dominica on the citizenship cost, but with a more mature tourism market, a well-recognised coastal property corridor (Grand Anse), and moderate annual appreciation in prime zones. The combination of 0% CGT, 4–6% gross coastal yields, and direct citizenship remains genuinely compelling for the right investor profile. Two items demand front-and-centre treatment before any investment decision: first, Grenada’s total acquisition cost of 22–24%+ is among the highest in the portfolio — driven by both a 10% Alien Landholding License AND a separate 10% Property Transfer Tax for non-citizen buyers. Second, a new 30-day physical presence requirement for CBI citizens (effective 2026) changes the programme terms for investors who planned to hold citizenship without any connection to the island. Both are material. Neither should be buried in footnotes.
CBI Programme: Direct Citizenship, NTF vs. Real Estate Route
Grenada’s Citizenship by Investment Programme offers direct citizenship — a Grenada passport, not a residency permit. The NTF (National Transformation Fund) route provides citizenship from USD 235,000 for a family of up to four (no property purchase required). The real estate route requires USD 270,000 (shared ownership in an approved project) or USD 350,000 (sole ownership) in a government-approved CBI property. The resulting passport provides 150+ destination visa-free or visa-on-arrival access, including the Schengen Area. The full programme mechanics — government fees, processing timelines, how Grenada stacks up against the other Caribbean CBI programmes, and the new 2026 physical presence rule — are mapped in the full member report.
The complete Grenada analysis continues for MPH members
- ✓ The 2026 Physical Presence Rule: What Changed and What It Means
- ✓ Grand Anse & Lance Aux Épines: The Prime Investment Corridor
- ✓ 0% CGT + Low Annual Property Tax: The Holding-Cost Equation
- ✓ Levera & North Coast: The Emerging Scarcity Corridor
- ✓ Tourism Fundamentals: The Demand Driver Beneath the Investment Case
- ✓ Grand Anse, Lance Aux Épines & Levera: The Approved-Project Corridor Map & Real Supply Constraints
- ✓ The SGU Effect: St. George’s University & the Student-Housing Demand Engine
- ✓ Exit Liquidity in a Thin Market: What Sells in 4–8 Months — and What Sits for 12+
- ✓ Alien Landholding License & Property Transfer Tax: The Full Cost Model and Structuring Options
- ✓ The 30-Day CBI Residency Requirement: Compliance Timeline & What It Means for Passive Investors
- ✓ DUAL-LAYER ACQUISITION COST: GRENADA CHARGES BOTH A 10% ALIEN LICENSE AND A 10% PROPERTY TRANSFER TAX
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Grenada Assessed Against the Three Criteria That Matter
ARBITRAGE — 6.8
Caribbean coastal lifestyle assets with direct citizenship, 0% CGT, and 4–6% gross yields at USD 1,500–2,500/m² trade at a real discount to Mediterranean or US coastal comparables. The acquisition-cost headwind that caps the score — and the hold period over which the arbitrage actually pays — is analysed in the member report.
SCARCITY — 8.4
Front-line coastal land in Grand Anse, Lance Aux Épines, and Levera is constrained by topography, environmental designation, and the existing hotel and resort footprint. Only a defined set of developments carry CBI approval at any time, creating a two-tier market. Where scarcity bites hardest — and the demand buffer that separates Grenada from purely tourist-dependent markets — is mapped in the member report.
EXIT — 5.5
An Exit Score of 5.5 should shape every underwriting decision: Grenada’s secondary market is thin and bilateral, with no institutional buyer pool. The full liquidity map — realistic sale timelines, who the buyers actually are, and how the entry cost shapes exit pricing — is in the member report.
Questions Before You Download
How does Grenada’s CBI compare to Dominica’s — which is better value?
It depends on your primary objective: the two programmes differ materially on minimum investment, physical presence rules, and the property market underneath the passport, and optimising for passport cost points to a different answer than optimising for investment fundamentals. The full side-by-side comparison — route by route, number by number — is in the member report. Confirm current programme terms, minimums, and processing times for both with licensed CBI agents before deciding.
What exactly does the 2026 30-day physical presence requirement mean in practice?
As of 2026, CBI citizens of Grenada are required to spend a minimum of 30 days in Grenada within the first 5 years of receiving citizenship, with the main applicant required to complete at least 5 days in-country during the first year. What the rule means in practice — for real-estate-route buyers versus NTF-route applicants — is analysed in the member report. The mechanism and consequences for non-compliance should be confirmed with qualified Grenada counsel and a licensed CBI agent before application.
Is the SGU (St. George’s University) really a meaningful demand driver for Grenada rentals?
Yes — more significantly than most Caribbean investment materials acknowledge. St. George’s University is a US- and Caribbean-accredited offshore medical and veterinary school with approximately 5,000–6,000 students and a significant faculty and staff population at any given time, creating year-round rental demand that is categorically different from seasonal tourist STR. The full SGU rental analysis — achievable rents, where to hold, and the concentration risk to price in — is in the member report.
Can I reduce or avoid the 10% Property Transfer Tax through corporate ownership?
Some investors explore IBC (International Business Company) or other corporate structuring approaches to reduce or restructure the Alien Landholding License and Property Transfer Tax exposure in Grenada. These structures are complex and carry their own risks, and this report does not make structuring recommendations. The full dual-layer acquisition-cost analysis — what the 20%+ entry stack is made of and why it cannot simply be structured away — is in the member report. Any structuring approach should be evaluated by qualified Grenada counsel, with independent review by your home-country tax advisor.
Is MPH affiliated with any Grenada CBI developer or licensed CBI agent?
No. MPH International has no financial relationship with any CBI developer, licensed CBI agent, or real estate operator in Grenada. We earn nothing from any Grenada transaction.
Grenada MPH Score (69 · Watch · BBB) calculated under MPH Methodology v1.2 · Dataset verified June 26, 2026. Key factors were calibrated against the following published sources:
- CBI terms, real-estate minimums, E-2, 30-day rule — GLMBCP - Grenada CBI 2026 (Apr 2026)
- CBI real-estate, 5-year hold, resale to CBI buyer — IMIN Caribbean - Grenada real estate 2026 (Jan 2025)
- Transfer tax & alien landholding license — Grenada Inland Revenue Division (Dec 2006)
- Reduced transfer tax in approved tourism projects — Grenada Property Transfer Tax Amendment Act 2015 (Jan 2015)
- Acquisition costs, license process — Terra Caribbean - Buying in Grenada 2026 (Mar 2026)
- Tax regime (0% foreign income/CGT/wealth) — Golden Harbors - Grenada Taxes 2026 (Jun 2026)
- ECCIRA harmonization, 30-day rule, annual caps — Outbound Investment / Alpha Immigration - ECCIRA 2026 (Jun 2026)
- E-2 treaty advantage — Worldpath - Grenada CBI E-2 Advantage 2026 (Jun 2026)
Source dates reflect publication or retrieval at time of scoring. External links open in a new tab; MPH International is not responsible for third-party content.
This report is published by Mission Point Holdings International for informational and intelligence purposes only. It does not constitute financial, investment, tax, legal, or immigration advice. Data is sourced from publicly available records, Global Property Guide, ImmigrantInvest, TerraCayman, NTL International, Henry & Global Partners, Dawgen Global, SI Dream Properties, Liberty Mundo, and third-party intelligence current as of mid-2026. CBI programme minimums (NTF: USD 235K; Real estate: USD 270K–350K), eligible property types, government fees, processing timelines, and the 2026 30-day physical presence requirement are subject to change; confirm current programme terms with a licensed Grenada CBI agent before making any investment or application decision. The 30-day physical presence requirement is based on 2026 programme terms — verify current compliance requirements and consequences for non-compliance with qualified Grenada counsel before applying. Alien Landholding License (10%) and Property Transfer Tax (10%) are mandatory for non-citizen buyers; total acquisition cost estimates of 22–24%+ should be verified with qualified Grenada counsel for each specific transaction. Per-m² pricing data is sparse; treat published ranges as indicative only and obtain local appraisals before committing capital. US persons are subject to worldwide US taxation regardless of citizenship held; obtain qualified US international tax counsel before investing. All investments involve risk, including the potential loss of principal. MPH International has no financial relationship with any developer, CBI agent, or real estate operator in Grenada. Always consult qualified legal, tax, and immigration counsel before making investment decisions. © 2026 Mission Point Holdings International. All rights reserved.