to the National Transformation Fund
It is worth noting that this investment type requires a non-refundable contribution to the National Transformation Fund of at least $150,000 for a single investor. A spouse and two children can be included on the application for $200,000. For each additional dependent child, an additional contribution of $25,000 per person is expected. For dependent parents under 55 years old, applicants should set aside $50,000 per person and for siblings, an additional $75,000 per person is required.
Due diligence fees are charged by the Grenadian government and are a flat $5,000 per person aged 17 or older. These fees are required in order to process the application and review each individual’s information. One amazing aspect of this investment opportunity is that the money invested goes back to the citizens of Grenada, helping to invest in the island’s future.