Grenada Investor Guide

Investing in Grenada, Citizenship by Investment, US E-2 Access, and the Alien Landholding License

Updated May 21, 2026Intermediate18 min read

Rental yield
4.0%
Gross, indicative
Transfer tax
10.0%
Currency
XCD
Population
~113,000

Market Overview

Grenada's investor appeal is defined by its Citizenship-by-Investment (CBI) program, and uniquely by its US E-2 Treaty Investor visa relationship (in force since 1989), a route to operating a US business that is otherwise closed to nationals of countries like China and India. The EC dollar is pegged to the USD at 2.7:1. Outside CBI, foreign buyers need an Alien Landholding License (~10% fee). The economy is tourism- and education-led, with strong recent growth.

Country
Grenada
Currency
East Caribbean Dollar (XCD), pegged to USD at 2.7:1 since 1976
Population
~113,000
GDP growth
~4.4% (2025), moderating toward ~2.7% by 2029 (IMF)
Inflation
Normalising toward ~2% by 2028 (IMF)

Key industries

  • Tourism (record cruise arrivals)
  • Agriculture (#2 world nutmeg producer)
  • Education (St. George's University)
  • Construction
  • Financial services

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Restrictions

Alien Landholding License (Non-CBI Buyers)

Restrictive

Foreign buyers purchasing outside the CBI program must obtain an Alien Landholding License under the Aliens Land Holding Act, which carries a fee of roughly 10% of the property value. CBI-approved projects are exempt from this license.

  • Alien Landholding License required for non-CBI foreign buyers
  • Licence fee ~10% of property value
  • CBI-approved projects are exempt from the license
  • Police clearance and bank reference required

CBI Real-Estate Route (Approved Projects Only)

Open

The Citizenship-by-Investment real-estate route requires purchase in a government-approved project and a minimum holding period. It confers citizenship with visa-free travel and US E-2 eligibility, but is limited to the approved-developer list (which can change).

  • CBI real estate must be in a government-approved project
  • Real-estate minimum ~US$270,000 (share) / ~US$350,000 (full unit) + ~US$50,000 govt fee
  • 5-year minimum holding period
  • Approved-project list can be revised by the authority

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  • Taxes & Fees
  • Requirements
  • Purchase Steps
  • Property Types
  • Investment Drivers
  • Market Trends
  • Visa & Residency
  • Financing

Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.

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