Grenada vs Dominica Citizenship: Choosing the Best Program

The Governments of Grenada and Dominica provide citizenship programs that offer foreign investors dual citizenship and Caribbean passports, which allow them to travel to over 135 countries without a visa.

This guide compares Grenada vs Dominica citizenship by investment, investment options, eligible dependents, global mobility, and time to citizenship.

• Grenada vs Dominica citizenship benefits
• Overview of Grenada and Dominica citizenship
• Grenada citizenship by investment
• Dominica citizenship by investment
• Main differences between Dominica and Grenada citizenship
• Dominica vs Grenada citizenship timeline and procedures

Benefits of Grenada and Dominica Citizenship by Investment Programs

1. Fast application process: Investors can get Caribbean citizenship by investment in as little as six months.
2. Dual citizenship allowed: Both countries allow dual nationality, permitting successful applicants to get Caribbean second passports.
3. Enhanced travel access: Grenada and Dominica passport holders can travel to over 135 countries visa free, including the UK, EU Schengen countries, China, Russia, Saudi Arabia, Hong Kong, and Singapore.
4. Entire family is eligible: Program applicants can include their spouse, children, parents, grandparents, and siblings.
5. Low-cost second passport: Foreign investors can obtain a Caribbean passport with a minimum contribution of $200,000 for a single applicant or $235,000 for a family of four.
6. Attractive tax regimes: Grenada and Dominica tax residents do not pay worldwide income tax or capital gains, inheritance, or wealth tax.
7. No in-person interviews: Applicants can secure citizenship remotely, including the Caribbean citizenship interview.

Grenada vs Dominica: A Citizenship by Investment Program Comparison

Grenada Citizenship by Investment

Since 2013, global investors have been able to apply for the Grenada citizenship by investment (CBI) program. The minimum contribution is a donation to the government fund of $235,000 or the purchase of real estate from $270,000.

The Grenada CBI program provides investors and their families with a Grenada passport, which allows visa free travel to 148 countries without a visa, including the UK, EU Schengen countries, China, Russia, Singapore, and countries in the Middle East.

Grenada citizens can also apply for the USA E-2 Visa.

Investment options

1. $235,000 non-refundable contribution to the National Transformation Fund (NTF)
2. Approved real estate purchase valued
   1. $270,000 for joint investments
   2. $350,000 for sole investments

Investors must hold a qualifying Grenada real estate for at least five years.

Dominica Citizenship by Investment

In 2022, Dominica received the title of “Best Country for Citizenship by Investment” in the CBI Index Report. Dominica is the cheapest of the five Caribbean citizenship programs, with a minimum investment requirement of $200,000.

The Dominica passport ranks 76th on the Global Passport Index, granting its citizens visa free access to over 135 countries, including the European Union, Singapore, Hong Kong, Russia, and China.

To apply for the program and become a Dominica citizen, you can choose one of the two investments:

Investment options

1. $200,000 non-refundable contribution to the Economic Diversification Fund (EDF)
2. $200,000 approved real estate investment

Investors must hold a qualifying Dominica real estate for at least five years.

Main Differences between the Grenada and Dominica Passport

Both programs are highly respected Caribbean CBI programs, so the decision of which one to choose will depend on your specific circumstances.

Visa free countries for Dominica and Grenada citizens

The Grenada Caribbean passport is stronger, offering more visa free options, Grenada passport holders can travel visa free to 148 countries, while Dominica passport holders enjoy visa free travel to 135 countries.

Both passport holders have access to the Schengen zone, Hong Kong, Russia, China, and several Middle Eastern countries without a visa. However, Dominica citizens require a visa to enter the United Kingdom, while Grenadians do not.

Dominica citizens can apply for a ten-year B-1/B-2 Visa to the US, while Grenada citizens can apply for a long-term E-2 Visa for the US.

Eligibility requirements

The citizenship requirements for each program define that the primary applicant must:

• Be over 18 years old
• Have an outstanding character
• Have excellent health
• Hold no criminal record
• Pass a detailed background check

Banned nationalities

Seven nationalities are are banned from applying for Grenada’s citizenship program and six nationalities are banned from Dominica’s.

Grenada: Afghanistan, Belarus, Iran, North Korea, Russia, Sudan, and Yemen

Dominica: Belarus, Northern Iraq, North Korea, Sudan, Russia, and Yemen

Investment options

Dominica and Grenada offer the same investment requirements, including a non-refundable donation to the state fund and an investment in government-approved real estate projects.

While both citizenship by investment (CBI) programs permit purchasing real estate to obtain Caribbean citizenship and a second passport, Grenada offers a wider selection of approved real estate investment options, with 19 approved developments compared to Dominica’s 8.

Citizenship cost 

A Grenada and Dominica citizenship cost comparison shows that both programs are affordable, depending on the number of applicants. Dominica’s program is cheaper for an individual applicant, with a $200,000 minimum Economic Diversification Fund donation versus $235,000 National Transformation Fund donation for Grenada. Grenada’s program is more affordable for a family of four with a $235,000 minimum donation versus $250,000 for Dominica excluding due diligence fees.

The Dominica program requires a $200,000 minimum investment to buy real estate and obtain citizenship, compared to $270,000 for Grenada’s. If opting for sole ownership, Grenada applicants need to invest an additional $80,000 to meet the $350,000 threshold.

Tax benefits for citizens of Dominica and Grenada

Regarding the tax advantages of Grenada citizenship vs Dominica citizenship, both Dominica and Grenada citizens can enjoy favorable tax advantages, including no income tax on foreign income, wealth tax, gift tax, inheritance tax, or capital gains tax. 

Citizenship timeline

Both programs have fast application processing times, with Dominica taking an average of six to nine months and Grenada taking an average of six months.

Passport validity

A Grenadian passport needs to be renewed every five years. In comparison, Dominica’s passports are valid for five years for children under 16 and ten years for citizens older than 16.

Grenada vs Dominica international flight routes

Dominica and Grenada offer direct international flights to several destinations. Dominica residents have more international flight destinations and routes within the Caribbean, whereas Grenada offers investors more flights to destinations in the United States.

Dual citizenship

Both of these Caribbean countries recognize dual citizenship and award lifetime citizenship that can be passed down to future generations. Having Caribbean citizenship is a great advantage, particularly in times of political and economic instability. Caribbean passports are an excellent Plan B, particularly when creating your ideal future for you and your family.

Processing Time and Application Procedures of Grenada and Dominica Citizenship

Dominica and Grenada’s Caribbean citizenship programs have similar processing times. The citizenship timeline in Grenada takes about six months on average. The timeline of Dominica citizenship by investment (CBI) is a little longer at six to nine months.

Application procedures for both countries include submitting citizenship applications through an Authorized Agent licensed by the country’s program authority. Authorized Agents of Grenada’s citizenship program must submit applications to Investment Migration Agency (IMA) Grenada. Authorized Agents of the Dominican citizenship program must submit applications to the Dominica Citizenship by Investment Unit (CIU).

The due diligence process includes a mandatory Caribbean citizenship interview, which applicants of both programs can complete virtually.

So, what's next?

As you can see, the right passport program for you and your family will depend on your individual circumstances and needs. There’s no doubt, however, that both Grenada and Dominica offer attractive citizenship by investment schemes that will afford you a lot of excellent benefits. However, these are not the only Caribbean islands with strong CBI programs. We suggest you check all of them before committing to one citizenship program.

Check out our guides and comparison articles below:

• Caribbean Citizenship by Investment Comparison Guide
• St Lucia vs Dominica Citizenship 
• St Kitts and Nevis vs Dominica Passport
• Grenada vs St Kitts Citizenship
• Grenada vs St Lucia Citizenship
• St Kitts vs St Lucia Citizenship
• Antigua vs St Lucia Citizenship
• Antigua vs St Kitts Citizenship
• Antigua vs Dominica Citizenship
• Antigua vs Grenada Citizenship

Or, if you prefer, contact us directly. Our experts will be able to create a bespoke CBI plan, specific for your and your family’s circumstances.

Why work with Global Citizen Solutions?

• Global approach by local experts. We are corporate members of the Investment Migration Council, with local expertise in all five Caribbean CBI programs.
• 100 percent approval rate. We have never had a case rejected and will offer you an initial, free-of-charge, due diligence assessment before signing any contract.
• Independent service and full transparency. We will present to you all the investment options available, and all expenses will be discussed in advance, with no hidden fees.
• An all-encompassing solution. A multidisciplinary team of immigration lawyers, investment specialists, and tax experts will take into consideration all your and your family’s mobility, tax, and lifestyle needs.
• Confidential service and secure data management. All private data is stored within a GDPR-compliant database on a secure SSL-encrypted server

Frequently Asked Questions about Dominica vs Grenada Citizenship

Can I acquire Grenada citizenship?

You can become a citizen of Grenada by making a minimum investment of $235,000 in the country through its citizenship by investment program. You must be over 18, have a clean criminal record, and pass a detailed background check. All applications are processed by the Investment Migration Agency Grenada.

Can I acquire citizenship in Dominica?

You can become a Dominica citizen by investing $200,000 in the country’s economy through the Dominica Citizenship by investment program. You must be over 18, have a clean criminal record, and pass a detailed background check. All applications are processed by the Dominica Citizenship by Investment Unit.

What is the best Caribbean passport?

Between Grenada’s and Dominica’s passports, the Grenada passport is the better Caribbean passport as it offers 148 visa free destinations vs 135 with a Dominica passport. Grenadians have access to the UK and Ireland, which Dominicans do not, and Grenada citizens are one of two Caribbean passport holders eligible for the US E-2 Visa program.

Which Caribbean countries offer citizenship by investment?

Five Caribbean nations offer citizenship by investment programs: Antigua and Barbuda, Dominica, Grenada, St Kitts and Nevis, and St Lucia.

Can citizenship from Grenada or Dominica be revoked?

Under specific conditions, citizenship of Dominica or Grenada may be revoked if acquired through fraudulent methods such as misrepresentation or withholding significant information during the application process. Additionally, dual citizens who pose a threat to national security or engage in activities detrimental to the interests of the country and the Caribbean community may face citizenship revocation.

How does political stability in Grenada compare with Dominica?

Grenada and Dominica’s political stability varies, but both Caribbean countries have track records of democratic governance and peaceful transitions of power. Grenada could be perceived as more politically stable than Dominica due to the negative reputation of the Dominica CBI program, leading to the removal of certain privileges.

How to get Dominica citizenship for $50,000?

While Dominica offers the cheapest Caribbean citizenship program, the minimum qualifying investment is $200,000, not $50,000.