GrenadaInvestment
Explore the five recorded questions, answers and sources for this pathway.
This route is the one-time contribution to Grenada’s National Transformation Fund, made through an Authorised Local Agent.
Applicants who choose this route must make a one-time contribution to the NTF. It is important to note that applicants may not contribute to the NTF in person, but rather that they must use the services of an Authorised Local Agent.
The National Transformation Fund contribution is USD 235,000 for the main applicant and up to 3 dependants (excluding dependants under paragraph (f) or (g) of the Act's definition of dependant), plus USD 25,000 for each additional dependant beyond 3, USD 50,000 for each paragraph (f) dependant and USD 75,000 for each paragraph (g) dependant. Government fees are listed separately by the IMA: application fee USD 1,500, due diligence fee USD 5,000, processing fee USD 1,500 and interview fee USD 1,000 for an individual applicant.
National Transformation Fund $235,000.00 Main Applicant and up to 3 dependants (excluding a dependant for the purposes of paragraph (f) or (g) of the definition of “dependant” under section 2 of the Act)
National Transformation Fund $25,000.00 More than 3 dependants (excluding a (for each additional dependant for the purposes of paragraph (f) dependant) or (g) of the definition of “dependant” under section 2 of the Act)
National Transformation Fund $50,000.00 Dependant for the purposes of paragraph (for each dependant) (f) of the definition of “dependant” under section 2 of the Act
National Transformation Fund $75,000.00 Dependant for the purposes of paragraph (for each dependant) (g) of the definition of “dependant” under section 2 of the Act
Application Fee USD 1,500 USD 1,500 per person USD 1,500 per person USD 1,500 per person Due Diligence Fee USD 5,000 USD 5,000 per person * Dependent child 0 – 16 nil * Dependent 17 and over USD 5,000 Processing Fee USD 1,500 USD 1,500 per person USD 1,500 per person aged 17 and over, USD 500 for persons under 17 USD 1,500 per person aged 17 and over, USD 500 for persons under 17 Interview Fee USD 1,000
The NTF payment is a one-time contribution rather than an owned asset. The official sources do not state refundability, a continuing ownership or benefit period, post-grant obligations tied to the contribution, or a physical-presence condition for this route.
Applicants who choose this route must make a one-time contribution to the NTF. It is important to note that applicants may not contribute to the NTF in person, but rather that they must use the services of an Authorised Local Agent.
The Act’s dependant definition includes qualifying children, parents or grandparents and siblings, subject to the stated age, support and family-status conditions. The official sources do not separately state the outcome, residence rights or work rights for each dependant category included in a successful application.
“(c) a child of the main applicant or his or her spouse who is at least eighteen years and less than thirty years of age and supported by the main applicant or his or her spouse;”; (b) by repealing paragraph (e) and substituting therefor the following new paragraphs– “(e) a parent or grandparent of the main ap- plicant or his or her spouse above the age of fifty-five years fully supported by the main applicant or his or her spouse; (f) a parent or grandparent of the main ap- plicant or his or her spouse not exceed- ing the age of fifty-five years and fully supported by the main applicant or his or her spouse; (g) a sibling of the main applicant or his or her spouse, whether biological or adopt- ed, who is– (i) at least eighteen years; and (ii) single with no children; (h) a child born of the main applicant or his or her spouse within twelve (12) months 2019 Grenada Citizenship by Investment Act 3 31 (Amendment) of the grant of citizenship pursuant to this Act.”.
After approval and proof of the NTF payment, the CBIC issues a certificate of registration establishing Grenadian citizenship, which the Authorised Local Agent uses to apply for a Grenadian passport. The programme page also states that an NTF applicant may apply immediately for citizenship or first obtain permanent residence and apply for citizenship later.
Under the NTF route, applicants may either immediately apply for citizenship, or first apply for permanent residence and apply for citizenship at a later stage.
If the application is successful, the CBIC issues a letter instructing the applicant (through his or her Authorised Local Agent) to either make the contribution (for the NTF option) or complete the purchase of his or her real estate. If real estate is purchased, then the applicant must demonstrate completion, as well as the execution of all necessary documents. Upon receiving proof of payment, the CBIC issues the certificate of registration, establishing that the applicant has received Grenadian citizenship. Authorised Local Agents must use this certificate to apply for a Grenadian passport on behalf of the applicant.
These are the answers currently recorded in the catalogue. A missing or partial answer is not an eligibility decision.
Explore more pathways in Grenada · All pathways
Not legal advice. No eligibility verdict or ranking. Check the linked sources before applying.