Jurisdiction · Caribbean

GrenadaCompany formation, tax and banking

The only Caribbean passport that opens the US E-2 investor visa and visa-free China.

Grenada silhouette
Overview

Grenada is the only Caribbean citizenship programme whose passport makes you eligible for the US E-2 investor visa — a way to live and work in the United States without the queues of job-based immigration. It's also the only one with visa-free travel to China.

Those two features cost more than Dominica or St Lucia and are worth it for the families who need them. For everyone else, cheaper Caribbean options give similar Schengen and UK travel.

Benefits

Why people choose Grenada

  • The only Caribbean passport that makes you eligible for the US E-2 visa
  • The only Caribbean programme with visa-free travel to China
  • Citizenship from USD 235,000 through the National Transformation Fund
  • The E-2 visa renews indefinitely while your US business keeps running
  • Citizens living elsewhere pay no Grenada tax on worldwide income
What people use it for

Where Grenada fits

  • US E-2 route
  • Citizenship by investment
  • China travel
In a structure

Where Grenada fits in a structure

Typical role · Passport for the US E-2 route

Grenada in a structure · 2 routes
You and your family
from USD 235,000
Grenada programme
National Transformation Fund
You and your family
investment for the E-2 visa, usually upwards of USD 150,000
US business
real and active

Grenada is the first step of a two-step plan. You get Grenadian citizenship, then apply for the US E-2 investor visa based on a real, active US business you've invested in, which lets you live and work in the US while that business runs, though it isn't a green card. If you don't need the US or China, cheaper Caribbean options give similar Schengen and UK travel.

What it depends onCitizenship doesn't make you tax resident in Grenada, but moving to the US on an E-2 does mean US tax, so that has to be planned before you move.

A simplified picture to explain the idea, not a recommendation. General information, not tax or legal advice.

Banking

Opening a bank account

Republic Bank, Grenada Co-operative Bank and CIBC FirstCaribbean cover local needs; international clients bank abroad. People going for the E-2 usually need US bank accounts alongside the citizenship.

Tax

How tax works here

Citizens who live elsewhere pay no tax on worldwide income, no capital gains tax and no inheritance tax. Local income is taxed at up to 30%. Citizenship doesn't make you tax resident; but moving to the US on an E-2 does mean US tax, which must be planned before you move.

Substance

Real presence, and who can see the owners

Full checks apply, including background checks and where the money came from. The E-2 route means holding the citizenship, setting up a real, active US business and investing a substantial amount — usually upwards of USD 150,000 in practice. It's a two-step plan, not an automatic right.

Decision

When to choose it

Choose Grenada when the family wants to live in the United States through the E-2 visa, or when visa-free travel to China matters for business.

How we advise

You get a written comparison, not a sales pitch.

Every Grenada recommendation comes as a written comparison with the alternatives — whether the setup will stand up to scrutiny, how easy banking will be, which tax treaties apply, who can see the owners, what it costs to run each year and the risk to your reputation — so you can see the trade-offs before you commit.

Next step

Considering Grenada? Get a written comparison first.

Answer six questions and our team will come back with a shortlist, rough costs and where you could bank.

Frequently asked

Questions we hear on every Grenada intake.

How does the Grenada E-2 route work?
Get Grenadian citizenship, then apply for the US E-2 investor visa based on a real, active US business you've invested in. The visa can be renewed indefinitely while the business keeps running.
What does Grenada citizenship cost?
From USD 235,000 through the National Transformation Fund for one applicant, plus fees. Approved property starts at around USD 270,000.
Is E-2 a green card?
No. It's a renewable visa, not permanent residence. You can live and work in the US while the qualifying business runs, but it isn't a green card.
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