GRENADA PROGRAM OPTIONS AND FEES
Option 1: Investing in Real Estate in a Government Approved Project
The Government determines which real estate projects meet the established threshold to be designated as Approved Projects following which they become eligible to participate in the Program. With the increasing demand for tourism related accommodation in Grenada, the majority of the approved projects are hotel resorts and villas. This augurs extremely well for the investor in the real estate option of the Citizenship by Investment Program as the investment attracts excellent returns. The minimum investment that an investor is required to make is shown in the Table below. A property acquired under this Option may be resold after a very short period of time, that is, only 3 years following the grant of citizenship.
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Option 2: Donation to the National Transformation Fund (NTF)
The National Transformation Fund (NTF), which was established in 2013 aims at providing support to various sectors in the economy, in particular, tourism, agriculture and alternative energy. Donations to the NTF facilitate the transforming of the economy of Grenada to one that is more self reliant and sufficient.