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All You Need To Know About Grenada Citizenship By Investment

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All You Need To Know About Grenada Citizenship By Investment

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Obtain Citizenship In Grenada For E

Requirement For Grenada Citizenship By Investment

Du Parquet sold his interest in Grenada to Jean de Faudoas, Comte de Sérillac, in 1657, who in turn sold the island to the French West India Company in 1664. The Proprietary period ended in 1674, when Grenada was annexed as a crown colony of France. The French established cotton and tobacco farming and also cultivated indigo on plantations of the island.

Once the investment status is complete, your citizenship certificate will reach you. The processing time is betted through the Grenada government, where they conduct a thorough background check. This is the only Caribbean country whose citizens have access to the USA’s E-2 visa programme. CS Global Partners assists clients who wish to obtain citizenship of Grenada, providing them with the Turkish citizenship 250.000 USD guidance and commitment they need to see their application processed seamlessly. Our team then ensures that clients who obtain their citizenship also apply for, and receive Grenadian passports. You and your family included in the investment package can reside in the USA via the E-2 visa treaty between the USA and Grenada, which allows you to establish a business venture in the USA.

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For more information, please contact one of our advisors in UAE, Canada or Denmark, and we will do our utmost to guide you through your investment and process. The Caribbean island of Grenada is an English-speaking country, with several local dialectics. It is famous for spice trading business, breathtaking natural beauties and stunning beaches.

The application is submitted to the government and an approval is received within 90 days. The applicant can, then, make the investment and wait for the citizenship documents to be issued. There is no need to be present in the country Turkish work permit at any step of the application. In the event there are more than 4 family members in total on an application, an additional USD 25,000 contribution is required for each additional person for both the NTF and real estate options.

Approved Real Estate Projects

The Real estate investment in Grenada should be done into a government-approved project (it can be either the luxury 5-star hotel or villa), just like in other countries in the Caribbean. Those who wish to enjoy the sights by getting a Grenada passport must go through a stringent review and application process, which extends to family members. Routine applications are processed within 60 days, and Grenadian passports are issued shortly thereafter. Grenadian citizenship affords visa-free travel to more than 110 countries, including the United Kingdom, making it ideal for those who consider business immigration.

The mode of your preferred investment can be discussed with our experts. It could be done by owning a property in the government-approved real estate project or the donating to government. This new citizenship program, introduced in 2013, is quite lucrative for the applicants as this nation has no restrictions and welcomes all the candidates with proper diligence. Our experts will let you know about the other fees to be included for the citizenship by investment in Grenada as we follow the transparent terms and do not hide anything from our candidates.

When thinking about the Grenada citizenship cost, there are a number of fees to consider. The person certifying the document must provide the following information; full name in capitals, the capacity in which the person is acting, residential or business address, telephone number, and e-mail address. Where a document is required to be produced in support of the application for Grenada Citizenship by Investment, it must be certified and authenticated in accordance with the law of the jurisdiction from where the document originates.

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Its track record of achieving high occupancy and strong daily rates underpins rental returns and property values. Kimpton also has a performance test that requires its hotels to meet certain operating benchmarks, giving further protection to owners. This option involves making a non-refundable payment to Grenada National Transformation Fund . The applicant must deposit a total of $150,000 into the NTF for a single applicant or $200,000 for a family of up to four persons. Grenadian citizens are eligible for a US E2 visa to start a business in the United States. Verification of trustworthinessThe fee for all applicants over the age of 17 is $5,000 per a person, and $2,000 per a child.

It enables CCS to provide guidance, assistance and advice to its clients throughout the application process, which ensures a very high rate of success. Our Citizenship Specialists monitor the progress of each application at all stages of the process. The Grenada National Transformation Fund was established alongside the Citizenship by Investment Programme in 2013 to assist in boosting Grenada’s economy as well as secure the nation’s resilience, market diversity, and prosperity. The main citizenship applicant must donate a minimum of USD$150,000 to the Grenada NTF, or $200,000 for a family of up to four members.

grenada citizenship

In addition, a Grenadian passport will allow you to travel visa-free to both China and Russia. This is uncommon with other Caribbean passports and can be a huge advantage if you do business in these parts of the world or travel there frequently. Foreign investors who are looking for a reputable jurisdiction to obtain a second passport for themselves and their families will be highly satisfied with Grenada’s Citizenship by Investment program. In this article, we will explore the relative pros and cons of Grenada’s economic citizenship program, and take you through the practicalities of how to qualify for it. The Caribbean island nation of Grenada, affectionately known as the ‘Island of Spice’, offers economic citizenship in exchange for a qualifying donation or investment to help support the country’s economy. We have our own offices in all relevant countries and constantly monitor the worldwide situation.

Your representative then uses this to apply for a passport on your behalf. You make your contribution of 200,000 USD as a one-off payment, following which you can then apply for citizenship immediately. Before we deal with the application process in more detail, let’s look at the second route to securing Grenadian citizenship. You can also bring law firm your parents and your wife’s or spouse’s parents if they are over the age of 55 and are dependent on you. The various fees depend on how many dependants you would like to bring with you. EUR 250,000 one time investment in development projects approved by Government plus EUR 100,000 contribution to Government (Grant + Investment model.

Davies & Associates has a team of corporate lawyers to make sure the franchise or start-up is structured in a way that complies with all the immigration regulations. We recommend that you speak with our attorneys so you are fully apprised of OCI, citizenship by investment, and where applicable, the E-2 Treaty Investor Visa. Anyone faced with the prospect of giving up their Indian citizenship can apply for OCI status and have many of the same rights as full citizens.

Grenadian citizenship investment typically costs a minimum of $220,000 in Real Estate purchase. The processing time for a Grenada Citizenship by Investment is between 3 to 4 months. According to Grenadian nationality law, Grenada citizenship may be granted on the basis of a contribution to or Business and property investment in Grenada. A selection of alternative residency and citizenship investment programmes to consider. Featured below are a selection of the best investment options available for citizenship investment in Grenada. Best Citizenships is a global brand and online platform for citizenship and residence planning for HNWI clients.

grenada citizenship

Grenada is not very mountainous, but is covered with evergreen tropical forest. Grenada is a young but very respectable offshore jurisdiction; every year it attracts more and more international investors and new citizens. Grenada is a safe, unspoilt tropical island which enjoys a growing economy and stable democracy. Its English-speaking population are amongst the happiest and most well educated in the Caribbean. Citizens have access to top schools including 90% tuition fee discounts at Grenada’s, St. George’s University, the world’s largest offshore American accredited medical school. Ideally located on the world-famous Grand Anse beach, with magnificent views over the Caribbean Sea, Kimpton Kawana Bay is the newest 5-Star luxury resort in Grenada, and the leading CBI real estate project on the island.

  • The Mount Cinnamon Resort is an authorized real estate option for the Grenada Citizenship by Investment Programme.
  • The main investment opportunities are luxury hotel developments under construction on the island.
  • As Grenada continues to become more and more prosperous, the windfall benefits all the islands’ citizens.
  • The application must be accompanied by appropriate documents to verify identity and confirm that the applicant is not a threat to the security or public order of Grenada.

The CBI program opens the possibility for entrepreneurs to potentially qualify for an E-2 visa, albeit in a slightly roundabout way. Grenada citizenship is granted to qualified applicants within 4 to 6 months only without an interview or residency requirements. Here is everything you need to know about the Grenada citizenship by investment program. Our team specialises in helping you plan your citizenship and global mobility, with our innovative, and tailor made investor projects and services. 3 Contribution amount does not include the required investment in real estate. No requirement to travel to Grenada during the application process or after obtaining citizenship.

grenada citizenship

Anyone with an Indian parent, grandparent or great grandparent is eligible. This makes the OCI program very popular in countries with large Indian diaspora communities like the United Kingdom, the United States and Canada. In most other aspects Overseas Citizens of India are treated much the same as Non Resident Indians , Indian citizens who reside outside of India for at least 182 days per year. The principle differences between OCI and full citizenship are that Overseas Citizens of India are not eligible to vote, are not eligible to hold public office, and are not eligible to acquire agricultural land. The only reticence we see with Indian clients pursuing the Grenada + E-2 route surrounds the issue of citizenship. Well Grenada has lots to offer in its own right – a stable economy, beautiful beaches, and cricket, to name just a few.

ProsWhile Grenada’s donation outlay isn’t the cheapest, its processing fees are certainly more value for money than most. In addition to being one of the safest nations in the Caribbean, Grenada is renowned for its excellence in educational standards and offerings. Offers a multiple E-2 visa treaty with the US, allowing applicants to live and work there with the majority of the benefits of a resident, but without the costs or time of obtaining an EB-5 US visa. CBI Guide – your comprehensive guide to citizenship by investment and second passports.

grenada citizenship

Many also don’t want to spend winters in EU/UK because of less daylight and extreme cold. I will talk a bit about cheapest citizenship for sale passports where you can buy through a designated investment within months. Range Developments bring to you this economic citizenship that strengthens your portfolio while providing a range of migration options. Most second citizenship investors feel that way as their consultants don’t provide any after-care.

grenada citizenship

The authorities of the Caribbean country conduct a due diligence check. The obligation to pay taxes regularly if you spend more than 183 days a year in Grenada. There are no requirements for mandatory change of tax residence to a Grenadian one.

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