Grenada’s Citizenship by Investment (CBI) program currently has no mandatory residence or physical presence requirement. A previously announced rule that would have required applicants to spend a total of 30 days in Grenada over the first five years of citizenship has been postponed, with no new implementation date set.
Current requirements (as of today)
- Full citizenship can be obtained in roughly four months.
- No physical residency, travel, or presence during the application process is required.
- The program remains one of the most family‑friendly in the Caribbean, allowing multiple dependents to be included under a single investment.
Planned residence requirement (when it takes effect)
- 30 days total presence in Grenada, accumulated over the first five years of citizenship.
- The 30‑day total can be met collectively by the family; each individual does not need to complete the full period alone.
- Each named dependent must spend at least five days in Grenada within the first twelve months of citizenship.
- An integration program will accompany the presence requirement, covering civic education, cultural orientation, and an interview.
These conditions are intended to align Grenada with a regional shift toward citizenship that reflects a genuine connection to the country.
Transitional provisions
- The legislation gives the government discretion to apply the future residence rules to applications that are pending when a start date is finally set.
- Applicants whose files are submitted now could still be subject to the new requirements once they become operative, depending on the transitional guidelines.
Strategic timing
- The delay creates a window in which investors can apply under the existing, simpler framework.
- The regional regulatory authority expected to oversee the new rule is anticipated to become operational in the coming months, after which the residence requirement is likely to be introduced.
- Applying before the rule is enacted positions applicants under the current, less restrictive terms.
Prospective investors should monitor official communications for the eventual start date and consider seeking professional advice to understand how any transitional rules might affect their specific applications.
Source article: www.artoncapital.com
