The National Transformation Fund (NTF) was founded in 2013 as a way to turn the economy of Grenada into one that is becoming ever more prosperous and independent. For the benefit of its several sectors, the NTF funds numerous ventures in Grenada including tourism , agriculture and renewable energies. Having made a donation to the NTF, investors are left with a true sense of having contributed to their new nation’s wellbeing.
- Contribution to the National Transformation Fund (NTF)
- The donation amount may vary based on the number of dependents included in the main applicant’s application.
- If you choose a contribution option, to qualify for citizenship as a single applicant you will be required to make a government donation
Please note there are additional fees – application, processing, due diligence and professional fees which are non refundable. Once approval is granted, the government donation is then made.
E2 Visa
There is no definition of investment amount for an E2 Visa to be effective other than ensuring the company is not a marginal company should be appropriate. This goal can likely be achieved with an investment of circa $200,000 and the application process takes about 3 - 4 months and application fees are usually around USD $10,000 through an E2 specialist. One of the benefits of an E2 visa is that it can be renewed or extended. As long as the E2 company and the E2 investor continue to satisfy the E2 visa requirements, there is no limit to the number of times that an E2 visa can be renewed or extended.
Additional benefits of E2 Visa:
- Freedom to Leave the USA and Return
Unlike immigrant visas, the E2 Visa is considered non-immigrant. This allows you to come and go
from the USA without restriction for as long as your E2 visa is valid. - Dependent Children Under 21
Your dependent children under 21 can attend school and, in most States, they qualify for in
state tuition costs at State Universities (potentially saving thousands of dollars in out-of-state
tuition fees) until they reach 21 or no longer qualify as dependents. - Spouse Can Obtain Work Authorization
An E2 Visa spouse can apply for Work Authorization. Once approved they can work for any
employer in the USA, not just the E2 business.
Creating a Nexus
- Obtain Grenadian Driver’s License
- Obtain Grenadian bank account
- Proof of Address
- Register a sole proprietor business in Grenada and obtain a Tax ID