Donation to the National Economic Fund of Grenada

The national transformation fund was setup for the development of Grenada’s economy.

The citizenship of Grenada may be obtained by donating at least USD 150,000 to its national transformation fund. The professional fees and the government fees to process the application are additionally payable.

Apply for Citizenship of Grenada

The total fee under this option is payable in three instalments. The breakup is given below:

FIRST INSLALMENT (PAYABLE AT THE TIME OF PLACING THE ONLINE ORDER)
Fee TypeMain applicantMain applicant and spouseFamily of four (two dependents below 16 years)Family of four (two dependents above 16 years)Cost to add for additional dependent (under 16 years)Cost to add for additional dependent (16 years or older)
InZone’s Professional FeesUSD 9,999USD 10,999USD 11,999USD 11,999USD 399USD 399

 

SECOND INSTALMENT (PAYABLE AT THE TIME OF SUBMISSION OF THE CITIZENSHIP APPLICATION)
Fee TypeMain applicantMain applicant and spouseFamily of four (two dependents below 16 years)Family of four (two dependents above 16 years)Cost to add for additional dependent (under 16 years)Cost to add for additional dependent (16 years or older)
Government Application FeesUSD 1,500USD 3,000USD 6,000USD 6,000USD 1,500USD 1,500
Government Processing FeesUSD 1,500USD 3,000USD 4,000USD 6,000USD 500USD 1,500
Government Due Diligence FeesUSD 5,000USD 10,000USD 10,000USD 20,000USD 0USD 5,000
Local Lawyer Professional FeesUSD 8,000USD 8,000USD 8,000USD 8,000USD 0USD 0
Total Second InstalmentUSD 16,000USD 24,000USD 28,000USD 40,000USD 2,000USD 8,000

 

THIRD INSTALMENT (PAYABLE AFTER IN PRINCIPAL APPROVAL OF THE CITIENSHIP APPLICATION)
Fee TypeMain applicantMain applicant and spouseFamily of four (two dependents below 16 years)Family of four (two dependents above 16 years)Cost to add for additional dependent (under 16 years)Cost to add for additional dependent (16 years or older)
Donation Amount to GovernmentUSD 150,000USD 200,000USD 200,000USD 200,000USD 25,000USD 25,000
Passport and Oath FeesUSD 370USD 740USD 1,480USD 1,480USD 370USD 370
Courier FeesUSD 400USD 400USD 400USD 400USD 0USD 0
Total Third InstalmentUSD 150,770USD 201,140USD 201,880USD 201,880USD 25,370USD 25,370

 

TOTAL EXPENSE* – FIRST INSTALMENT + SECOND INSTALMENT + THIRD INSTALMENT
Main applicantMain applicant and spouseFamily of four (two dependents below 16 years)Family of four (two dependents above 16 years)Cost to add for additional dependent (under 16 years)Cost to add for additional dependent (16 years or older)
USD 176,769USD 236,139USD 241,879USD 253,879USD 27,769USD 33,769

* Bank fee at 1% of the total amount plus VAT is chargeable on the transactions.

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