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🇬🇩 CBI Programme (Grenada) compared with 🇵🇹 D7 Passive Income Visa (Portugal) — across cost, timeline, residency, tax and the path to citizenship.
There's no single winner — the right choice depends on your budget, how much time you can spend on the ground, and whether a passport is the goal. Use the table below to weigh what matters to you.
| Feature | 🇬🇩Grenada CBI Programme | 🇵🇹Portugal D7 Passive Income Visa |
|---|---|---|
| Country | Grenada | Portugal |
| Type | Citizenship by Investment | Retirement Visa |
| Headline cost | $235k donation or $270k real estate | €920/mo passive income |
| Minimum investment | $235,000 | $920 |
| Minimum income | — | $1,000/mo |
| Processing time | 4 months | 3 months |
| Min stay per year | 0 days | 183 days |
| Tax rate | 0% income tax, 0% CGT — only Caribbean with US E-2 treaty% | NHR 2.0 (IFICI): 20% flat tax on qualifying foreign income for 10 years% |
| Leads to PR | Yes | Yes |
| PR after | — | 5.0 years |
| Citizenship after | — | 10 years |
| Dual citizenship | Yes | Yes |
| Visa-free countries | 144 | — |
| Remote work | — | Yes |
| Healthcare | — | Yes |
| Data confidence | official | official |
Portugal D7 Passive Income Visa has the lower financial requirement (Grenada CBI Programme: $235,000, Portugal D7 Passive Income Visa: $920).
Portugal D7 Passive Income Visa is faster (Grenada CBI Programme: 4 months, Portugal D7 Passive Income Visa: 3 months).
Grenada CBI Programme: leads to permanent residency. Portugal D7 Passive Income Visa: citizenship possible after about 10 years.
Grenada CBI Programme: Yes. Portugal D7 Passive Income Visa: Yes.