There are two options of qualifying contribution for the Grenada Citizenship-by-Investment Program:
1) Donation - National Transformation Fund (NTF)
Cash donation to the National Transformation Fund (NTF), Government Escrow Account.
Single applicant | USD 150,000
An applicant with up to 3 dependents | USD 200,000
Additional dependent child up to 30 years of age | USD 25,000
Dependent parents aged under 65 | USD 50,000
Dependent parents aged over 65 | USD 25,000
2) Real Estate Investment
Investment in real estate through one of the Government approved real estate asset classes: freehold property with title deed; hotel shares; fractional ownership or land. The investment is subject to a minimum holding period of four (4) years.
Minimum investment amount | USD 220,000
Government Fees
In addition to the purchase of real estate, there are Government fees to be paid:
Government Fees | USD 50,000
Additional child up to 30 years of age | USD 25,000
Dependent parents aged under 65 | USD 50,000
Dependent parents aged over 65 | USD 25,000
Processing and application fees
There are additional processing and application costs associated with both options
Processing fees per person | USD 1,500
Processing fees for dependents up to 18 years | USD 500
Processing fees for dependents aged 18+ | USD 1,500
Application fees per person | USD 1,500
Due Diligence & Background Checks
There are compulsory background checks payable to the Government preferred due diligence agency that will use Interpol, World-Check and other Government agencies to screen applicants based on their application.
Due Diligence per person | USD 5,000
Due Diligence for children aged 0-16 | No Charge
Due Diligence for children aged 17-30 | USD 5,000
Due Diligence for dependent parents | USD 5,000
iWA Citizenships professional fees, official application forms, certification of citizenship and passport, courier & other disbursements are the only other costs associated. A full-itemized quotation with no hidden costs is provided.