2. Grenada
Citizenship Cost: $200,000
If you want to be closer to Latin America, but still have the feel of Caribbean Sea islands, then Grenada, the next one in our list of cheapest countries that sell citizenship is your pick. The country consists of main island Grenada and 6 smaller islands. Launched in 2013, Grenada’s citizenship by investment program was recognized as the ‘Best International Citizenship Programme’ in 2016. Let’s check why that is so. You can obtain citizenship of Granada by donating non–refundable $200,000 to the National Transformation Fund. The amount of the donation is almost the same for the single applicant as well as an applicant with spouse and two children under 12 years. Like in all other countries with similar programs, there are application fees that amount to this. There is also a possibility to make $350,000 the government approved investment, but in that case, the “family pack” will cost you $50,000 extra plus all the application fees. The benefits of holding Grenada’s passport include traveling visa free to 135 countries and having almost no taxes. Like Saint Kits and Nevis, you don’t even have to visit the country to get citizenship.
