Donation to the National Economic Fund of Grenada
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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 Type Main applicant Main applicant and spouse Family 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 Fees USD 9,999 USD 10,999 USD 11,999 USD 11,999 USD 399 USD 399

 

SECOND INSTALMENT (PAYABLE AT THE TIME OF SUBMISSION OF THE CITIZENSHIP APPLICATION)
Fee Type Main applicant Main applicant and spouse Family 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 Fees USD 1,500 USD 3,000 USD 6,000 USD 6,000 USD 1,500 USD 1,500
Government Processing Fees USD 1,500 USD 3,000 USD 4,000 USD 6,000 USD 500 USD 1,500
Government Due Diligence Fees USD 5,000 USD 10,000 USD 10,000 USD 20,000 USD 0 USD 5,000
Local Lawyer Professional Fees USD 8,000 USD 8,000 USD 8,000 USD 8,000 USD 0 USD 0
Total Second Instalment USD 16,000 USD 24,000 USD 28,000 USD 40,000 USD 2,000 USD 8,000

 

THIRD INSTALMENT (PAYABLE AFTER IN PRINCIPAL APPROVAL OF THE CITIENSHIP APPLICATION)
Fee Type Main applicant Main applicant and spouse Family 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 Government USD 150,000 USD 200,000 USD 200,000 USD 200,000 USD 25,000 USD 25,000
Passport and Oath Fees USD 370 USD 740 USD 1,480 USD 1,480 USD 370 USD 370
Courier Fees USD 400 USD 400 USD 400 USD 400 USD 0 USD 0
Total Third Instalment USD 150,770 USD 201,140 USD 201,880 USD 201,880 USD 25,370 USD 25,370

 

TOTAL EXPENSE* – FIRST INSTALMENT + SECOND INSTALMENT + THIRD INSTALMENT
Main applicant Main applicant and spouse Family 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 176,769 USD 236,139 USD 241,879 USD 253,879 USD 27,769 USD 33,769

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

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