Grenada’s Citizenship by Investment (CBI) Program ranked first among regional CBI programs and third internationally, according to the latest Investment Migration Programs Report published by Henley & Partners — one of the leading investment migration agencies globally.

The report, which Henley & Partners states evaluates key benchmarks such as reputation, quality of life, physical visit requirements, and residency criteria, among others, is updated annually by leading academic researchers, country specialists, economists, independent immigration and citizenship lawyers, and other experts. It reviewed 40 residence-by-investment and citizenship-by-investment programs internationally across two indexes: the Global Residence Program Index and the Global Citizenship Program Index.

Grenada’s CBI program, reviewed as one of 14 programs on the Global Citizenship Program Index, achieved a score of 69 out of 100, ranking two spots behind Malta’s program, which received a top score of 76. Austria’s program ranked second with a score of 75. Of the ten areas assessed, Grenada earned perfect scores of 10 for physical visit requirements and residency requirements, while placing second in the investment requirements and visa-free or visa-on-arrival access categories.

A significant category for Grenada was processing. The country ranked third on the Index for a consecutive year — two points behind the leader — demonstrating the continued efforts of the Investment Migration Grenada (IMA Grenada) to improve its efficiency. In 2024, the agency, responsible for managing the program, processed an all-time high of 1,673 applications—an 11% year-on-year increase compared to its 2023 performance.

Although Grenada ranked well in several categories, quality of life was highlighted by the index as an area requiring improvement. Of the 14 programs evaluated, Grenada ranked sixth, receiving its lowest score in this category. However, in what seems to be a long-term strategy, the country is exploring ways of gaining greater value from its economic citizens – value that could ultimately improve the quality of life of Grenadians in Grenada.

Recently, IMA Grenada, in collaboration with Arton Capital and Forbes Global Talent, launched the “Citizenship by Invitation” initiative. The program invites experts in key areas that align with the country’s development agenda to apply for Grenadian citizenship. Once naturalized, these individuals will have the opportunity to provide expert advice to the Prime Minister through annual summits.

Recently, IMA Grenada, in collaboration with Arton Capital and Forbes Global Talent, launched the “Citizenship by Invitation” initiative. The program invites experts in key areas that align with the country’s development agenda to apply for Grenadian citizenship. Once naturalized, these individuals will have the opportunity to provide expert advice to the Prime Minister through annual summits.

“This initiative is about more than investment—it’s about partnership and progress. We are not simply granting citizenship; we are curating a network of influential individuals, who will actively contribute to Grenada’s development,” said Thomas Anthony, CEO of IMA Grenada.

According to Anthony, the initiative ensures that Grenada continues to attract the right people; “leaders, innovators and visionaries—who share our commitment to sustainable growth and prosperity.”

As the program continues to explore alternative ways of deepening connections with economic citizens in the diaspora—including supporting knowledge and skills transfer to the local population—it may improve its future standing on the international index.

For now, My Grenada Solutions Inc. continues to support the IMA Grenada in its effort to position the country’s CBI program as a catalyst for true economic and social change. As licensed marketing agents based in Grenada, our knowledgeable citizenship advisors are available to provide real-time expert advice regarding Grenada’s program and the country to individuals looking to obtain Grenada citizenship.