Since Investment Migration Agency (IMA Grenada) stepped in as the new regulatory authority of Grenada’s Citizenship by Investment Program, it has witnessed a dramatic rise in applications from US citizens.
According to the latest data for the second quarter of 2025, 12 percent of the 402 new citizens approved were Americans, a striking rise from just one percent in the first quarter. US nationals now outnumber Nigerians, who had long dominated application and approval numbers. For context, Chinese and Nigerian citizens each accounted for ten percent of approvals during the same period.
IMA Grenada had approved 893 new citizens by the end of June, generating EC $103.2 million in revenue through donations to the National Transformation Fund (NTF) and real estate investments. This has highlighted the program’s continued economic impact on the island.
Why are Americans flocking to Grenada?
The Head of Citizenship Programs at Global Citizen Solutions, Joe Rice, pointed to several factors driving Americans south to Grenada, including:
- Increasing global uncertainty
- Tax planning opportunities
- Visa-free travel for key markets
“Grenada offers a unique combination of Caribbean lifestyle, economic security, and visa free access to over 148 countries, including the Schengen Area and China,” he said. “For Americans looking to diversify residency and citizenship options, it’s becoming an increasingly attractive choice.
Many of our clients are not just seeking a second passport—they want to improve their mobility, investment security, and hedge against geopolitical risks.” With all the political tension and shaky foreign ties right now, it’s no surprise Americans are looking for a safety net. In terms of finances, Grenada’s number one Tax Optimization Ranking in the Global Residency and Citizenship by Investment Report drives home its appeal for Americans looking to stretch their dollars and protect their assets.
Grenada’s Global Outreach Strategy
Thomas Anthony, CEO of Investment Migration Agency Grenada, confirmed in August 2025 that the agency plans to expand outreach in Africa. Following earlier events in Kenya, which drew over 100 participants, the promotional tour will continue in West Africa throughout October. Anthony emphasized that Nigeria remains the largest African market for the programme, but the agency is exploring wider engagement across the continent.
Anthony said, “Nigeria currently represents the largest demographic in Africa applying to the CBI. We have been exploring more African countries, and believe we will see some fruit from that effort.”
Opportunities for Investors
Joe Rice shared that Grenada continues to offer a structured, transparent path for international investors. Beyond economic citizenship, Grenada stands out among the four other countries offering Caribbean citizenship by investment for its strong ties with the United States through the Grenada-US E-2 Visa Treaty, giving investors added confidence in the stability of both nations’ diplomatic relationship.
The Future of Grenada’s Citizenship Program
As Grenada sets out to make a bigger impression on the world, Global Citizens Solutions expects the momentum of CBI applications from US citizens to continue, alongside steady demand from established nations like China, Nigeria, and Pakistan. This trend opens up a big opportunity for us to steer high-net-worth clients toward diversified citizenship strategies.
“Global mobility is no longer a niche consideration—it’s becoming a mainstream tool for Americans and other nationals,” Rice said. “The Grenada Citizenship by Investment Program is perfectly positioned to meet that demand.”