Saint Kitts vs Grenada - CBI Programme Comparison

Grenada vs Saint Kitts citizenship: which Citizenship by Investment programme to choose? Both countries boast well-respected CBI programmes that grant Caribbean second passports, enabling global visa-free travel and opening doors to international business ventures. The Grenada vs Saint Kitts citizenship comparison can be confusing, as there is a lot of misleading information and investors must weigh various factors such as the differences in investment requirements, processing times, visa-free travel opportunities, and citizenship cost. This Grenada vs Saint Kitts citizenship article aims to highlight the similarities and differences and help you navigate these options and make a well-informed decision in choosing the programme that aligns with your family goals.

Choosing between Grenada vs Saint Kitts and Nevis Citizenship - comparison of key CBI aspects

When selecting between Grenada and Saint Kitts and Nevis for second citizenship, there are several factors to weigh. These include family inclusion, investment options, travel freedom, and tax benefits. The comparison below will help you make the right choice.

Programme History

Saint Kitts and Nevis pioneered the CBI concept in 1984, becoming the world’s first nation to offer economic citizenship.

Grenada resumed its CBI programme in 2013 (after its original launch in 1995), with stronger due diligence measures and international cooperation at the core.

Dual Citizenship in Grenada vs Saint Kitts and Nevis

Both Saint Kitts and Grenada recognise dual citizenship, allowing you to retain your existing nationality while enjoying the benefits of your second passport.

Grenada and Saint Kitts Investment Requirements

• Grenada:
  
  • Non-refundable Donation: US $235,000 (for a single applicant or families up to four) to the National Transformation Fund
  • Real Estate Investment: the minimum real estate investment starts at  US $270,000 for a single applicant or a family of four.
• Saint Kitts:
  
  • Non-refundable Donation: US $250,000 (for a single applicant or families up to four) to the Sustainable Island State Contribution.
  • Real Estate Investment: Saint Kitts and Nevis requires a minimum real estate investment of US $400,000 for a single applicant or a family of four.

For detailed comparisons and to estimate costs for your family, visit the Grenada CBI Pricing page,  Saint Kitts and Nevis CBI country page or use the Passport Cost Calculator.

Family Inclusion Criteria for Grenada vs. Saint Kitts and Nevis Citizenship By Investment

Grenada    

The Grenada Citizenship by Investment programme accommodates a wide range of family members:

• Spouse
• Children under the age of 18
• Children aged 18-29 who are dependent on the main applicant or spouse
• Mentally or physically challenged dependents
• Dependent parents or grandparents aged 55 or more
• Unmarried siblings without children of either the main applicant or their spouse

Saint Kitts and Nevis

Saint Kitts and Nevis provides the following family inclusion options:

• Spouse
• Children under 18
• Children aged 18-25 attending higher education and supported by the main applicant
• Mentally challenged children
• Dependent parents or grandparents aged 55 or above

Unlike Grenada, Saint Kitts does not include unmarried siblings in its criteria.

Passport Strength: Grenada vs. Saint Kitts and Nevis for Global Mobility

Grenada offers visa-free or visa-on-arrival access to more than 140 destinations, including the UK, the Schengen Zone, China, India, Russia, Argentina, and Brazil. Additionally, Grenadian citizens who are residents can benefit from the U.S. E-2 Investor Visa treaty, which allows them and their families to live and operate a business in the U.S. under a renewable 10-year visa. In contrast, Saint Kitts and Nevis provides similar access to over 150 destinations but does not include visa-free entry to China or eligibility for the U.S. E-2 treaty benefits.

Residency Requirements for Grenada vs. Saint Kitts and Nevis Citizenship by Investment

Both Grenada and Saint Kitts, and Nevis permit dual citizenship, allowing individuals to retain their original nationality while taking advantage of the benefits offered by their second passport.

Tax Benefits of Grenada vs. Saint Kitts and Nevis Citizenship by Investment

Grenada:

• Exemption from worldwide income tax, capital gains tax, and inheritance tax.
• Residents are entitled to a personal allowance of XCD 36,000, with income taxed at rates ranging from 10% to 28% above this threshold.
• Non-residents are only taxed on income sourced within Grenada.
• Property tax is levied between 0.2% and 0.5% of the property’s value.

Saint Kitts and Nevis:

• No worldwide income tax, capital gains tax, or inheritance tax.
• Residents and non-residents alike are exempt from personal income tax.
• Property tax is charged at rates of 0.2% to 0.3% of the property value.

Check our Taxation in Caribbean article for further details.

Citizenship Validity and Renewability: Grenada vs. Saint Kitts and Nevis

Both programmes provide irrevocable lifetime citizenship that can be passed on to future generations.

Processing Times for Grenada and Saint Kitts and Nevis Citizenship Applications

Citizenship applications for both Grenada and Saint Kitts and Nevis are typically processed within a 3-6 month timeframe. When comparing Grenada vs Saint Kitts citizenship, Grenada stands out for its robust due diligence and approval security, while Saint Kitts – for its slightly faster application timeline. The process is typically as follows:

• Month 1: This stage focuses on preparation, including selecting the qualifying investment, choosing an authorised agent, and gathering the required documents.
• Months 2-3: During this period, background due diligence checks are conducted, and, in some cases, virtual interviews are held. Approval, in principle, is usually granted by the end of this phase.
• Months 4-6: Applicants complete the qualifying investment, pay the required fees, and await the issuance of their new passport.

Required Documentation for Grenada vs. Saint Kitts and Nevis Citizenship by Investment

The documentation requirements for Grenada and Saint Kitts citizenship by investment programmes are largely similar, reflecting their shared commitment to thorough due diligence. Among other things, the applicants must prepare and submit the following supporting documents:

• Certified Colour Copy of Passport(s)
• Birth Certificate
• Marriage or Divorce Certificates, as applicable
• Proof of Address
• Source of Funds Documentation
• Bank Statements
• Reference Letters
• Police Certificate.
• Medical Health Certificate
• Military Records

These requirements ensure a transparent application process and reflect the rigorous due diligence conducted by both programmes. For further details, refer to our comprehensive Due Diligence Check guide.

Application Process and Flexibility: Grenada vs Saint Kitts and Nevis

Applications for both programs can be completed remotely. Mandatory interviews are conducted online, and the Oath of Allegiance can be taken remotely or in person in either jurisdiction.

Why Choose Grenada CBI for a Second Passport? 3 Main Aspects

The Grenada CBI programme is one of the most trusted in the world. Travel freedom, affordable investment options, processing time and commitment to fairness and accountability are reasons why Grenada vs Saint Kitts citizenship comparisons often favour Grenada for a Caribbean second passport for many families:

1. Cross-Border Travel Flexibility: A Grenadian passport grants visa-free or visa-on-arrival access to over 140 countries and territories, making it highly valuable for global travellers. Key destinations include the United Kingdom, the Schengen Area, China, India, Russia, Brazil, Argentina, much of Asia, Central and South America, and prominent African nations. A unique advantage of Grenadian citizenship is qualifying for the E-2 Visa minimum residency of three years, enabling investors to settle in the USA. However, eligibility for the E-2 Visa requires a minimum residency of three years in Grenada.

2.   Processing Time, Transparency, and Family Inclusion:  The Grenada Citizenship by Investment programme is very efficient, allowing you to obtain a second passport from Grenada within approximately 6 months. It also is built on transparency and stringent due diligence. The investment is only required after approval in principle, providing peace of mind and security for applicants. Grenada CBI allows the inclusion of unmarried siblings of the principal applicant and spouse and has no minimum age limit for dependent parents to apply for citizenship.

3.  Quality Real Estate among Investment Options: The Grenada Citizenship by Investment programme is a cost-effective way to secure a Grenada second passport. Investments are only required after receiving approval in principle and include competitive investment thresholds through quality real estate options including luxury resorts and beachside villas. Ideal for individuals and families, the total passport cost varies based on the family size.

‍

Grenada Citizenship – Overview of the Country

Grenada includes the southern Grenadines, among which the islands of Carriacou and Petite Martinique are the largest. Grenada is the world's second-largest producer of nutmeg after Indonesia and a significant producer of mace, cinnamon, ginger, and cloves, earning it the nickname "The Spice Island." The capital city, St. George’s, is located on the southwest coast and serves as the country’s main port. 

The island’s highest point is Mount St. Catherine, rising to 840 metres in the northern interior. Grenada achieved independence in 1974, becoming the first of the five Caribbean CBI islands to join the Commonwealth and the United Nations.

Renowned for its breathtaking landscapes, Grenada features fertile valleys, lush rainforests, and tranquil mountain lakes. Its tropical climate and idyllic beaches, such as the famous Grand Anse Beach, attract visitors from around the globe.  Further details on Grenada can be found in our comparison article on Antigua vs Grenada Citizenship.

‍

Why Choose Saint Kitts CBI for a Second Passport? 3 Main Aspects

1. Travel and Residency Freedom: A Saint Kitts passport is highly regarded globally and simplifies the process of applying for residence in other countries. Citizenship from a small, stable, and internationally respected country ensures favourable treatment during residence applications, increasing the likelihood of approval for global relocation. You also gain visa-free or visa-on-arrival access to over 150 destinations, including sought-after regions like Schengen Zone, India, Russia, and Brazil. However, comparing Grenada vs Saint Kitts citizenship, Saint Kitts passport lacks visa-free access to the UK and the U.S. E-2 treaty benefits.

2. As a holder of a Saint Kitts passport, you gain the right to live, work, and settle in any of the 15 CARICOM member states, which include regional neighbours like Saint Lucia, Grenada, and Barbados. This privilege enhances your opportunities within the Caribbean, providing flexibility for those seeking business or personal connections in the region.

3. Streamlined Application Process: The Saint Kitts Citizenship by Investment programme is renowned for its fast and efficient application process. With approvals typically issued within 3-4 months, the Saint Kitts  Citizenship by Investment programme ensures a quick and efficient path to citizenship, offering citizenship approvals within 4-6 months. With no mandatory physical residency, the process is designed for convenience, ensuring a smooth pathway to your second passport.   

Saint Kitts and Nevis Citizenship – Overview of the Country

Located in the Eastern Caribbean's Lesser Antilles, Saint Kitts and Nevis is a twin-island country divided by a 3-kilometre-wide strait known as The Narrows. Officially known as the Federation of Saint Kitts and Nevis, this nation operates as a parliamentary democracy under the British Commonwealth and achieved independence in 1983. Its capital city, Basseterre, sits on the island of Saint Kitts.

Positioned within the tropical hurricane zone, Saint Kitts experiences its hurricane season mainly from August through October. The island’s topography features a volcanic mountain range that curves around a southeastern plain. The highest elevation is Mount Liamuiga, rising to 1,156 metres, with a forest-covered crater housing a lake at its summit. Nevis, the smaller of the two islands, is nearly circular in shape and encircled by coral reefs. Its central landmark is Nevis Peak, a 985-metre mountain, flanked to the north by Round Hill (309 metres) and to the south by Saddle Hill (564 metres).

Among the earliest Caribbean islands colonized by Europeans, Saint Kitts and Nevis saw the arrival of both English and French settlers in the 1620s. Their initial encounter with the indigenous Carib population led to a three-year conflict. Following this, settlers introduced sugar plantations, which became the mainstay of the economy and largest source of employment until the industry was fully shut down in 2005. Today, the economy is driven primarily by tourism, offshore financial services, and other service sectors.

Since gaining independence in 1983, the federation between the two islands has often been marked by tension. In 1998, a referendum in Nevis aimed at securing secession fell short of the required two-thirds vote. Despite this, Nevis currently exercises a high degree of self-governance, having its own island assembly, premier, and deputy governor-general.

Final Thoughts: Grenada or Saint Kitts Citizenship?

Both Grenada and Saint Kitts CBI programmes offer strong pathways to obtaining a second passport, enabling global mobility, access to the CARICOM region, tax advantages, business and banking opportunities. However, Grenada’s programme stands out for its unique benefits, including improved lifestyle options, visa-free access to China and eligibility for the U.S. E-2 Investor Visa for Grenada passport holders, residents of three or more years. These advantages, along with the lower investment threshold vs St. Kitts and attractive real estate investment options, efficient processing, and family-friendly provisions, make Grenada a compelling choice.

Ultimately, the choice of Grenada vs Saint Kitts citizenship depends on your individual goals. If U.S. market access and China visa-free travel are important, Grenada’s CBI programme may be the better fit. Both programmes provide viable paths to a Caribbean second passport via Caribbean Citizenship by Investment.

FAQs on Grenada and St. Kitts & Nevis CBI Programmes

What distinguishes Grenada’s and St. Kitts & Nevis’ citizenship programmes?

In addition to differing investment requirements and opportunities, Grenada’s citizenship programme stands out by offering two key benefits that St. Kitts & Nevis’ programme does not: (1) U.S. E-2 Investor Visa eligibility for its resident citizens, which opens avenues to live and work in the United States; (2) Grenada passport holders enjoy visa-free travel to China.

Who is eligible to apply for citizenship under Grenada and St. Kitts & Nevis CBI programmes?

Anyone meeting the programme's eligibility requirements, including passing due diligence checks, can apply.  Both programmes accommodate single applicants and families. Grenada’s programme also allows the inclusion of unmarried siblings without children of the main applicant or spouse.

How do the two countries compare in terms of international direct flight routes?

·        Grenada: Direct flights connect Grenada to destinations in the U.S. (New York, Miami, Atlanta), Canada (Toronto), the U.K. (London), Central America (Panama City) and nearby Caribbean nations.

·        St. Kitts & Nevis: Slightly fewer direct flights to include the U.S. (Atlanta, Miami, New York, Charlotte), Canada (Toronto) and nearby Caribbean islands.

Can citizens from either country gain the right to live and work in the U.S.?

Grenadian residents of over 3 years may apply for the U.S. E-2 Visa, providing opportunities to work and reside in the United States. St. Kitts citizens do not have this eligibility.

What factors should I consider when deciding between these two CBI options?

When deciding, consider the following:

• Cost Per Passport: Compare costs for your family using the Grenada passport cost calculator and the St. Kitts & Nevis passport cost calculator.
• Global mobility: Is visa-free access to China or the ability to apply for U.S. E-2 Investor Visa aspects important for you?
• Investment Options: Evaluate the quality of investment projects in each country.

The best Caribbean CBI programme depends on your family composition and circumstances. You may find Dominica vs Grenada Citizenship, St Lucia vs Grenada Citizenship, and Antigua vs Grenada Citizenship comparison articles helpful for these purposes.