The Grenada Citizenship-by-Investment Program requires a person to either make a significant economic contribution to the country, or to acquire a government approved qualifying asset. In exchange, and subject to a stringent vetting and due diligence process, including thorough background checks, the applicants and their families will be granted citizenship. To qualify for citizenship, the primary applicant must be over 18 years of age, meet the application requirements, and satisfy one of the two primary qualifying options:
|1.||Real estate option: A purchase of at least USD 350,000 from a government approved real estate project. The real estate must be held for a minimum of three years|
|2.||National Transformation Fund (NTF) donation option: A minimum non-refundable contribution to the NTF of USD 200,000|
The NTF was established in 2013 as a means of developing and growing Grenada’s economy. The NTF finances various projects in Grenada for the benefit of its industries, including tourism, agriculture, and alternative energy.
Additional Fees under the real estate option,
- USD 50,000 (flat government fee for the main applicant and up to three dependents)
- USD 25,000 (required for each further dependent)
The NTF donation option is not subject to these additional fees.
- USD 5,000 – due diligence fees (per adult aged 18 and above)
- USD 2,000 – due diligence fees for dependent children (aged 12 to 17)
No due diligence fees are payable for children aged 11 years and under
- USD 1,500 – government processing fee (for the main applicant and dependents aged 18 and above)
- USD 500 – government processing fee (for each person aged 17 and under)
- USD 1,750 – application and passport fees per applicant