IMA Grenada

Citizenship by Investment Servicesimagrenada.gd

IMA Grenada is a Grenadian government statutory agency administering the country's Citizenship by Investment Programme, granting second citizenship to high-net-worth individuals and families via NTF contributions or approved real estate investments, distributed through a licensed international agent network.

Company typePrivate
Founded2013
HeadquartersSt. George's, Grenada
Headcount1–10
GTM typeB2C
OfferingServices

What IMA Grenada does

IMA Grenada (Investment Migration Agency Grenada) is a Grenadian government statutory agency, established in August 2013 under the Grenada Citizenship by Investment Act, 2013 (Act No. 15 of 2013), that administers the country's Citizenship by Investment Programme. The agency rebranded from its former identity as the Grenada Citizenship by Investment Unit (CIU) in March 2024 under the tagline 'Unlock the Possibilities'. Its core offering is citizenship in exchange for qualifying investment, delivered through two routes: a non-refundable contribution to the National Transformation Fund (NTF) with a USD 235,000 minimum for a family of four, or a USD 270,000-350,000 investment in one of 18 government-approved real estate projects plus a USD 50,000 government fee. The agency earns transactional revenue through application fees (USD 1,500/person), due diligence fees (USD 5,000-6,000/person), processing fees (USD 1,500 for adults, USD 500 for minors), and interview fees (USD 1,000/person aged 17+), in addition to the underlying contribution/investment flowing to government coffers.

The technology platform supporting the programme includes a digital application processing system, an automated citizenship certificate system implemented in 2025, an online interview platform for due diligence, and an AI-powered applicant support tool at imagrenada.support. The agency operates exclusively through a licensed dual-agent distribution network — Authorised International Marketing Agents promote the programme globally and assist applicants, while Authorised Local Agents (CARICOM nationals resident in Grenada) submit applications to the Citizenship by Investment Committee (CBIC). Direct applications are prohibited. End customers are high-net-worth individuals and families seeking second citizenship for global mobility (visa-free access to approximately 69% of countries worldwide), tax optimization (no global income, inheritance, or capital gains tax), and access to St. George's University with reduced tuition for dependents. Grenada's programme is distinguished regionally as the only Caribbean CBI programme with E-2 Treaty Investor Visa eligibility with the United States. Processing timeframes of 3-6 months and the option to include spouses, dependent children, dependent parents, and siblings in a single application anchor the value proposition.

IMA Grenada firmographics

Firmographics

Name: IMA Grenada
Legal name: Investment Migration Agency (IMA) Grenada
Website: https://imagrenada.gd
Company type: Private
Founded year: 2013
Operating status: Operating
Headcount range: 1–10 employees
Short description: IMA Grenada is a Grenadian government statutory agency administering the country's Citizenship by Investment Programme, granting second citizenship to high-net-worth individuals and families via NTF contributions or approved real estate investments, distributed through a licensed international agent network.
Ownership category
akta.pro rank

IMA Grenada industry classification

Industry

Product category: Citizenship by Investment Services
NAICS: International Affairs (92812), National Security and International Affairs (928)
SIC: Foreign Governments (8888)
akta.pro primary industry: Consular Services & Citizen Assistance (BPAIAIAB)
akta.pro secondary industry: Donor Coordination, Monitoring & Evaluation (MEL) Programs (BPADABAN)

Keywords

Citizenship by investment
Investment migration services
Residency by investment
Second passport programs
Government citizenship services

Where IMA Grenada is headquartered

Location

Headquarters

HQ city: St. George's
HQ country: Grenada

Offices2 records

Markets served

IMA Grenada business model

Business model

GTM type: B2C
Offering type: Services
Cost components: Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

Citizenship by Investment Programme Fees: IMA Grenada generates revenue through government fees associated with processing citizenship by investment applications. Revenue streams include application fees (USD 1,500 per person), due diligence fees (USD 5,000-6,000 per person), processing fees (USD 1,500 per person aged 17+, USD 500 for under 17), and interview fees (USD 1,000 per person).
National Transformation Fund (NTF) Contribution: Direct contributions to the National Transformation Fund (NTF) from citizenship applicants. The NTF is a Government fund responsible for financing projects that benefit Grenada's economy. Single applicant and family of four minimum contribution is USD 235,000.
Real Estate Investment Route: Investment through government-approved real estate projects. Minimum investment is USD 270,000 plus USD 50,000 government contribution. Real estate consists of luxury hotels, resorts, and villas in approved developments.

Pricing tiers

Model	Billing	Price
One time/ perpetual license	Pay-as-you-go	National Transformation Fund (NTF) - Single Applicant
One time/ perpetual license	Pay-as-you-go	National Transformation Fund (NTF) - Main Applicant + Spouse
One time/ perpetual license	Pay-as-you-go	National Transformation Fund (NTF) - Family of Four
One time/ perpetual license	Pay-as-you-go	Real Estate Investment - Single Applicant
One time/ perpetual license	Pay-as-you-go	Real Estate Investment - Family Over Four

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

IMA Grenada product offering

Product offering

Core offering

IMA Grenada is the statutory government agency that administers Grenada's Citizenship by Investment Programme, enabling individuals and families to obtain Grenadian citizenship through qualifying investments. The agency offers two investment routes: (1) a non-refundable donation to the National Transformation Fund (NTF) with a minimum USD 235,000 contribution, or (2) a Real Estate Investment Option of USD 270,000–350,000 in a government-approved project plus a USD 50,000 government fee, with application, due diligence, processing, and interview fees on top. Applications are processed exclusively through licensed Authorised International Marketing Agents and Authorised Local Agents in a 3-6 month cycle.

Product overview

IMA Grenada operates the Grenada Citizenship by Investment Programme, a government initiative established in 2013. The programme offers two primary investment routes: the National Transformation Fund (NTF) Contribution for direct government funding, and the Real Estate Investment Option through approved properties. The agency maintains an Approved Projects Directory of vetted real estate developments and a network of Authorised Agents (International Marketing Agents and Local Agents) to facilitate applications. A Citizenship Calculator tool helps applicants estimate costs. The programme processed applications in 3-6 months and grants access to visa-free travel across approximately 69% of the world.

Differentiator

Problem solved

Functional benefit

Products and services

Citizenship by Investment Programme Government programme enabling individuals and families to obtain Grenadian citizenship through qualifying investment, governed by the Grenada Citizenship by Investment Act, 2013. Applicants must be at least 18, in good health, with no criminal record, and demonstrate legal source of funds. Citizenship is processed in 3-6 months and may be extended to spouse, dependent children, dependent parents, and siblings.
National Transformation Fund (NTF) Contribution One-time non-refundable contribution option to the Government-managed National Transformation Fund, which finances projects benefiting Grenada's economy and diversification. Minimum contribution is USD 235,000 for a single applicant or family of four, with additional fees (application USD 1,500, due diligence USD 5,000, processing USD 1,500/500, interview USD 1,000 per eligible person).
Real Estate Investment Option Qualifying investment through purchase of property in one of 18 government-approved real estate projects (luxury hotels, resorts, condominiums, villas). Minimum investment ranges USD 270,000-350,000 depending on project, plus USD 50,000 government fee and standard application, due diligence, processing, and interview fees per applicant.

Companies that use IMA Grenada

Customer profile

Named customers1 record

Segments2 records

Ideal customer profiles1 record

IMA Grenada technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

IMA Grenada partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered minor and core.

WIPO IP Youth Ambassador VghnminorStrategic or Co-development Partner · 2 May 2025IMA Grenada partnered with WIPO IP Youth Ambassador Vghn to strengthen intellectual property awareness among youth in Grenada. This partnership supports educational outreach and youth engagement on IP matters.
Antigua and Barbuda, Dominica, St. Kitts and NeviscoreStrategic or Co-development Partner · 20 March 2024Historic MOU signed between Grenada, Antigua and Barbuda, Dominica, and St. Kitts and Nevis to establish regional benchmarks for the investment migration industry. The agreement aims to unify standards, establish a regional mechanism for monitoring/auditing/regulation, and set minimum investment amounts across all territories.
International Marketing Agents (Authorized)coreChannel Partner/ Reseller/ DistributorLicensed international marketing agents authorized to promote the Grenada Citizenship by Investment Programme globally and assist applicants with document preparation and liaison with local agents.
Local Agents (Authorized)coreChannel Partner/ Reseller/ DistributorLicensed local agents (CARICOM nationals ordinarily resident in Grenada) authorized to submit applications to the CBIC on behalf of main applicants and act as liaison between the Committee and applicants.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

IMA Grenada competitors and assessment

Company assessment

Broad incumbents

Arton Capital: Global investment migration advisory firm that has historically partnered with multiple governments on citizenship and residency-by-investment programmes. Competes with Henley & Partners for the same licensed marketing-agent role and HNW client base.
Henley & Partners: Global leader in investment migration advisory and the dominant licensed marketing agent for multiple CBI programs including Grenada's. Operates across the same HNW customer segment and shapes applicant flow into programs like IMA Grenada's.
Malta Exceptional Investor Naturalisation (closed): Malta's now-closed CBI programme was a comparable high-investment-threshold EU citizenship product before being phased out under EU pressure. Relevant as a benchmark and cautionary precedent for Caribbean CBI sustainability.

Direct peers

Commonwealth of Dominica Citizenship by Investment Unit: Runs a near-identical CBI programme offering citizenship via donation to a government fund or approved real estate. Directly competes for the same HNW applicants, with similar processing timelines, and is a co-signatory with Grenada on the 2024 regional MOU.
Portugal Golden Visa / AIMA: Operates Portugal's residency-by-investment programme (with recent termination of the real estate route). Targets the same HNW applicants seeking EU mobility and tax planning benefits, but as a residency rather than direct citizenship product.
Vanuatu Citizenship by Investment Office (Development Support Programme): Non-Caribbean CBI programme offering citizenship via donation to a government fund. Targets the same global HNW mobility-seeking audience with comparable pricing and faster processing; a credible alternative route for applicants comparing jurisdictions.
Antigua and Barbuda Citizenship by Investment Programme: Caribbean CBI peer offering citizenship via the National Development Fund or approved real estate investment. Direct competitor for HNW applicants with similar pricing and processing, and co-signatory with Grenada on the 2024 regional MOU.
St. Kitts and Nevis Citizenship by Investment Unit: Operates the longest-standing Caribbean CBI program (since 1984). Directly comparable: same product (citizenship by donation or real estate investment), same HNW target customer, similar minimum investment thresholds, and a co-signatory with Grenada on the 2024 regional MOU.

Others

Investment Migration Council (IMC): Industry body that sets standards and advocates for the investment migration sector globally. Relevant as an ecosystem participant whose due-diligence standards and policy positions directly shape the operating environment for IMA Grenada.
Cyprus Citizenship by Investment (now closed): Former EU citizenship-by-investment programme terminated in 2020 under EU rule-of-law pressure. A direct historical analogue and cautionary precedent for the political and regulatory risk facing active Caribbean CBI programmes including Grenada's.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

IMA Grenada financial estimates

Financial estimate

Revenue estimate

Valuation estimate

IMA Grenada leadership team

Management profile

Number of profiles

Profiles12 records

IMA Grenada funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

IMA Grenada M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IMA Grenada

What does IMA Grenada do?

Is IMA Grenada a public or private company?

IMA Grenada is a private company. It is classified as state government owned and is currently operating.

When was IMA Grenada founded?

IMA Grenada was founded in 2013. It employs 1 to 10 people.

Where is IMA Grenada based?

IMA Grenada is headquartered in St. George's, Grenada.

How does IMA Grenada make money?

Three revenue lines are on record. Citizenship by Investment Programme Fees are the primary driver. The others are national Transformation Fund (NTF) Contribution and real Estate Investment Route.

Who are IMA Grenada's main competitors?

Broad incumbents on record are Arton Capital, Henley & Partners and Malta Exceptional Investor Naturalisation (closed). Direct peers are Commonwealth of Dominica Citizenship by Investment Unit, Portugal Golden Visa / AIMA, Vanuatu Citizenship by Investment Office (Development Support Programme), Antigua and Barbuda Citizenship by Investment Programme and St. Kitts and Nevis Citizenship by Investment Unit. Others are Investment Migration Council (IMC) and Cyprus Citizenship by Investment (now closed).

Does IMA Grenada have an API?

No public API is recorded for IMA Grenada.

What industry is IMA Grenada in?

IMA Grenada's product category is Citizenship by Investment Services. Its primary akta.pro industry code is BPAIAIAB, Consular Services & Citizen Assistance, with a secondary code of BPADABAN, Donor Coordination, Monitoring & Evaluation (MEL) Programs. Its NAICS code is 92812 and its SIC code is 8888.