GRENADA
WHY GRENADA?
One of the most beautiful islands in the West Indies is Grenada, sometimes known as the "Island of Spice." Grenada is well known for its diverse array of flavors. the flavors of ginger, chocolate, nutmeg, cloves, and cinnamon. The flavors in this region are of the highest caliber and well-known worldwide.
The easiest way to get a second passport is through the Grenadian citizenship program, which requires either a $220,000 investment in real estate or a $150,000 government donation.
Only Grenada in the Caribbean has the coveted E-2 visa pact with the US, enabling residents to apply for and live there on a non-immigrant visa. This is a fantastic chance because many nations, like China, Russia, India, and those in the Gulf, do not have an E-2 treaty with the US. You can apply for a USA E2 visa after obtaining Grenada citizenship.
A second passport can be obtained by investments through the Grenada citizenship program, which has been in existence since 1997.
Application processing takes less than six months. Siblings who are not married and do not have children of the main applicant or of his or her spouse may be counted as a dependent of the main applicant.
Without the need for full-time enrollment in school, children up to the age of 30 may be included in the application.
Parents over 55 may be included in the application as well, and they are not necessary to be reliant on the primary applicant financially.
In addition to being a Commonwealth member, Grenada is a member of CARICOM and the Organization of Eastern Caribbean States. Grenada is the only Caribbean nation with visa-free entry to 142 countries, including China, and its citizens do not pay foreign income, wealth, or inheritance taxes on their worldwide fortune.
Grenada is a beautiful island nation located in the Caribbean, known for its warm climate, stunning beaches, and friendly people.
Warm Climate: Grenada has a tropical climate with warm temperatures year-round. The island experiences some rainfall during the rainy season, but the weather is generally sunny and pleasant.
Friendly People: The people of Grenada are known for their warm hospitality and welcoming nature. They are proud of their culture and eager to share it with visitors.
Rich Culture: Grenada has a rich cultural heritage, with a mix of African, European, and indigenous influences. The island has a vibrant music scene, and the annual Spice Mas Carnival is a highlight of the cultural calendar.
Safe and Stable: Grenada is considered one of the safest and most stable countries in the Caribbean. The government is democratically elected, and the island has a low crime rate.
In summary, Grenada is a beautiful island nation with a warm climate, friendly people, an affordable cost of living, a rich culture, and a safe and stable environment. These are just a few reasons why you might want to consider living in Grenada.
Key Benefits Of Obtaining A Grenada Citizenship By Investment Passport
- Visa-free travel to 144 countries, including the EU, the UK, and China.
- Access to the USA through the E2 Investor Visa treaty, giving citizens the ability to apply for non-immigrant visas.
- Adult children up to the age of 30 may be included and they do not need to be enrolled in school.
- Full citizenship with a passport is granted to the main applicant, spouse, children, and parents and grandparents.
- Siblings of the main applicant or of his/her spouse may be included in the application.
- Offer Citizenship by Descent to successful applicants.
- Passports are issued quickly (between four to eight months) for citizens.
- A second passport that is affordable and available for as little as $150,000
- There is no need for an interview, a degree, or managerial experience.
- Application is private.
- Residence status for reduced tuition at universities.
- No necessity for residence.
- If you invest in property, you have a short investment time of 5 years.
- Transferable to descendants for the rest of one's life.
- Passports are issued in 5-6 months.
- Grenadian nationals are eligible to apply for an E2 visa to the US, which enables them to reside and work there.
- Grenada passport holders can obtain a B1/B2 vacation visa to the US.
- Up to 180 days of vacation and medical care are permitted each year.
- In Grenada, investors frequently establish foreign corporations. Taxes are decreased, and currency control is avoided.
Requirement / Investment Options
The Grenada Citizenship-by-Investment Program requires a candidate to contribute a sizeable sum of money to the nation in exchange for citizenship for the candidate and his or her family.
The primary applicant must be at least 18 years old, satisfy the due diligence requirement, and choose one of the following choices to be eligible for citizenship:
- A donation of USD 150,000 to Grenada’s National Transformation Fund (NTF).
- Purchases of authorized businesses or real estate from government-approved real estate projects must be at least USD 220,000. A minimum of three years must pass before disposing of this land. For the primary applicant and up to three dependents, there is an extra flat government fee of USD 50,000. Additional dependents will cost USD $25,000.
The cost of due diligence is USD 5,000 and USD 5,000 for any dependents who are 17 years old or higher. Individual government application costs are $1,500. For dependents who are 18 years old or greater, the government processing fee is USD 1500. Processing costs total USD 500 for all dependents under the age of 18.
| GRENADA | Single Applicant | Family of Four |
|---|---|---|
|
Government Donation |
150,000 |
200,000 |
|
Processing fees |
1,500 |
4,000 |
|
Due Diligence Fees |
5,000 |
10,000 |
|
Application fees |
1,500 |
6,000 |
|
Bank fees |
2,125 |
2,850 |
|
Passport(s) |
250 |
1,000 |
Sub - Total |
USD 160,375 |
USD 223,850 |
Please note, additional charges may apply.
| GRENADA | Single Applicant | Family of Four |
|---|---|---|
|
Minimum Qualifying Investment |
220,000 |
220,000 |
|
Processing fees |
1,500 |
4,000 |
|
Government Fees |
50,000 |
50,000 |
|
Due Diligence Fees |
5,000 |
10,000 |
|
Application fees |
1,500 |
6,000 |
|
Bank fees |
3,600 |
3,800 |
|
Passport(s) |
250 |
1,000 |
Sub - Total |
USD 281,850
|
USD 294,800
|
Please note, additional charges may apply.
The primary candidate and any dependents must be in good health and have a spotless personal history. An applicant will not be granted citizenship if they have been refused a visa to a nation with which Grenada has a visa-free agreement, if they pose a threat to national security or reputation, or if they are the focus of an ongoing criminal inquiry.
Eligibility Requirements
To qualify for this program, the Investor must be:
- Over 18 years old.
- Have clear criminal record.
- With legal income.
- With No serious medical condition.
Investor’s:
- Spouse
- Children up to 30 years old, fully dependent on the investor financially.
- Siblings of spouses, over 18 years old, not married, no children.
- Parents of spouses, fully dependent on the investor financially.
Application Process
Initial due diligence.
Sign client agreement, complete government forms and provide supporting documentation.
If purchasing real estate, sign an agreement with the
developer.
Application submitted and Government process and complete due diligence.
On approval, government fees are paid and necessary contributions made.
Passports are issued.
