Grenada Citizenship By Investment
Before one can become a citizen of Grenada, he/she must decide whether to make a non-recoverable investment into Grenada’s National Transformation Fund, or into a government-approved real estate project.
Both options are accompanied by a schedule of government fees, that differ based on the age and number of individuals included on an application.
THE NATIONAL TRANSFORMATION FUND [NTF]
The National Transformation Fund (NTF) was established in 2013 to help source foreign direct investment needed to fuel transformative changes in Grenada’s economy. Money captured through this citizenship route is used to develop, implement, and manage key projects in industries, such as agriculture, tourism, technology and alternative energy – to name a few.
Obtaining Grenada citizenship through an investment in the National Transformation Fund is the more affordable option offered by the Grenada Citizenship by Investment Programme. However, unlike the real estate option, money paid into the National Transformation Fund can never be partially or wholly recovered.
FEES AND CHARGES
Single
Couple
Family
Additional dependants after
third dependant
Parent/grandparents
under age 55
Sibling
Due Diligence Fee
Application Fee
Processing Fee
Passport Fee
$150,000
$200,000
$200,000
$25,000
$50,000
$75,000
$5,000 (applicants 17 & over)
$1,500 each
$1,500 applicants 18 & over
$500 applicants 17 & under
$250 each
INTERESTED IN THE NATIONAL
TRANSFORMATION FUND?
APPROVED REAL ESTATE INVESTMENT
Regarded by the Financial Times as the “new jewel in the Caribbean,” Grenada is fast becoming a popular luxury tourist destination. To meet the increasing demand for high-end rooms by the international market, the government of Grenada has approved a number of hotel, resort and villa projects, through which investors can obtain citizenship.
These projects are priced no less than $220,000 and are free to offer shares, fractional freehold, or freehold properties for sale on the Citizenship by Investment market. Unlike an investment into the National Transformation Fund, investments into approved real estate projects can be partially or wholly recovered by applicants by selling the property after a period of three years.
FEES AND CHARGES
Investment
Government Fee
Government Fee for each additional
person after the fourth family member
Parent/grandparents under age 55
Sibling
Due Diligence Fee
Application Fee
Processing Fee
Passport Fee
$220,000+
$50,000
$25,000
$50,000
$75,000
$5,000 (applicants 17 & over)
$1,500 each
$1,500 applicants 18 & over
$500 applicants 17 & under
$250 each
