THE NATIONAL TRANSFORMATION FUND (NTF)
The National Transformation Fund (NTF) was established in 2013 as a means of transforming Grenada’s economy into one that is ever more prosperous and independent. The NTF finances various projects in Grenada for the benefit of its many industries, including tourism, agriculture, and alternative energy. Having made a donation to the NTF, investors are left with a true sense of having contributed to their new nation’s wellbeing.
Applicants opting for the NTF route must contribute at least USD 200,000 to the Fund. The following chart highlights the costs and fees associated with this route.
|NTF DONATION||Single Applicant||Main Applicant + Spouse||Family of four family members||Family over four family members|
|Required Contribution Amount||USD 200,000||USD 200,000||USD 200,000||USD 200,000 plus USD 25,000 per additional dependant after the third dependant|
|Application Fee||USD 1,500||USD 1,500 per person||USD 1,500 per person||USD 1,500 per person|
|Due Diligence Fee||USD 5,000||USD 5,000 per person||* Dependent child 0 – 16 nil * Dependent child 17 – 25 USD 5,000|
|Processing Fee||USD 1,500||USD 1,500 per person||USD 1,500 per person aged 18 and over, USD 500 for persons under 18||USD 1,500 per person aged 18 and over, USD 500 for persons under 18|