Grenada reintroduced its Citizenship by Investment program in 2013, having previously operated a similar program from 1996 to 2001. Applicants must invest $350,000 in an approved real estate project, held for a minimum of four years. Another option, not yet ready to receive applications, is to make a non-refundable contribution of $200,000 to Grenada’s National Transformation Fund.
In 2015, Grenada signed an agreement with the European Union to facilitate visa-free travel for Grenadian citizens in Schengen countries. Grenada is also one of the few countries to have a visa-free agreement with China.