Grenada Citizenship By Investment Program
Grenada has no foreign income, wealth, gift, inheritance or capital gains tax and no restriction on the repatriation of profits and imported capital. Residency Invest specialises in helping international investors achieve residency by investment in the United States of America, Caribbean, United Kingdom and Europe. In addition to opening up markets to help individuals increase their business opportunities, economic citizenship of Grenada can help HNWIs structure their tax situation advantageously work permit turkey while fully complying with international law. Grenada re-introduced its Citizenship by Investment program in 2013 and has developed a premiere, credible and reputable program that protects the value of Grenadian citizenship worldwide. This beautiful island has become a preferred option for discerning clients looking for a valued citizenship that allows world travel flexibility and a safe haven for investments. You can apply for E-2 non immigrant visa at the US embassy at Barbados in person.
NATRA Coin can also facilitate investment of your existing crypto currency into the Grenada CBI program. Once approval is given by the Grenada CBI committee, the balance of the investment is paid by the investor. The applicant prepares and submit the remaining documentation to support the application. You will enjoy visa-free entry to 144 countries, including the EU, the UK, and China. Grenada is a relatively small island on the southern end of the Lesser Antilles islands in the Caribbean sea. It features a number of high end hotel resorts that have been popular with European and American tourists.
Invest In Real Estate Today And Get A Permanent Residency!
Port Louis – a lifestyle resort overlooking the country’s beautiful capital city. The project will contain spacious villas, retail shops, a yacht club, luxurious hotels and expansive apartments. Mount Cinnamon – a resort hotel with a spa, full-service restaurant, beach club, business center, and bar situated on the white-sand Grand Anse Beach. The resort is already operational, but 250 additional residences are being added under the Grenada Economic Citizenship Program. La Pointe Villa – an exclusive 5-star oceanfront boutique hotel and spa project located on 30 acres of rainforest with a pristine white sandy beach. The project offers freehold properties for sale, and owners will receive 50% of the net revenues generated by their villa .
Ora Caribbean – developers of Silversands Origin, pictured above, as well as Beach House and Silversands Legacy – offers 100% buyback on your property investment after 5 years. Grenada has a strong foreign relation with the United States and China, making it the only Caribbean citizenship by investment and second passport program that offers visa free access to China. You can easily become a citizen of Grenada by applying for Grenada citizenship through its popular citizenship by investment programme.
Do I Need To Visit Grenada As Part Of The Citizenship Application Process?
This microprocessor will be used to obtain data that will authenticate the identity of the passport holder for security purposes and ease of travel. Grenada is among the fastest-growing economies in the Caribbean region. The economy of the island is powered mostly by tourism, agriculture, St. George’s University School of Medicine, and foreign and local investment. Again, for a second passport from a Caribbean country, expect to pay at a minimum $100,000 . Vanuatu’s Development Support Program requires an all-in cost of $180,000 for a family of four.
During the construction clients can stay 7-nights free per annum in any of their hotels in St Kitts or Dominica. We select projects under the approved government CIP that we consider offer something a little different and will always be in demand when the time comes to sell. We only recommend companies with a proven track record not only in construction and on-time delivery but as importantly in looking after our clients.
The country consists of the main island of Grenada plus the two smaller islands of Carriacou and Petite Martinique, which became a dependency of Grenada in February 1974. The picturesque tropical islands offer the perfect getaway destination for both adventure lovers and those seeking rest and relaxation or a romantic break with a partner. Any individual who is over 18 years of age, of good character, without criminal records and who is able and willing to make the required contribution can become a principal applicant. But there are still questions to be answered – should you invest in foreign markets? The Grenadian constitution entitles the spouse of a Grenadian citizen to Grenadian citizenship. So it is possible to apply as a single applicant, save $50,000, and arrange citizenship for the spouse at a later stage.
The uniform law, which went into effect on 1 January 1915, required a married woman to derive her nationality from her spouse, meaning if he was British, she was also, and if he was foreign, so was she. The statute reiterated common law provisions for natural-born persons born within the realm on or after the effective date. By using the word person, the statute nullified legitimacy requirements for jus soli nationals. For those born abroad on or after the effective date, legitimacy was still required, and could only be derived by a child from a British father , who was natural-born or naturalised. Naturalisations required five years residence or service to the crown. Grenada citizenship program through real estate investments grants full citizenship for life and can be passed to future generations by descent.
The processing time of your registration in this citizenship by investment program varies from 3-4 months, at the end of the process you will receive the citizenship and passport of Grenada. Once your application is successful, you complete your real estate purchase and receive a certificate of registration attesting to your new citizenship so you can apply for your Grenadian passport. If you choose the real estate investment option this entire process can take as little as 60 days.
These are just one of the many temptations to visit the main three beautiful islands. Diving, sailing, excellent restaurants, clean beaches and unforgettable celebrations all year round are some reasons why many wealthy investors prefer Grenada. The application process is overseen by The Grenada Citizenship by Investment Committee . The CBIC assesses each application in accordance with the Grenada Citizenship by Investment Act, 2013.
Other Citizenship By Investment Programs
We offer personalized services with a gaurantee of service excellence. Dedicated support for other services after company formation and bank account opening. We offer the best and cheapest offshore company registration cost and pricing, plus other corporate services which help our clients to establish their business faster. Amendments were enacted in 1918, 1922, 1933 and 1943 changing derivative nationality by descent and modifying slightly provisions for women to lose their nationality upon marriage. Because of a rise in statelessness, a woman who did not automatically acquire her husband’s nationality upon marriage or upon his naturalisation in another country, did not lose their British status after 1933.
2nd passport applications are granted within 4 to 6 months; the citizenship by investment process does not require applicants to reside or travel to Grenada. A steep hike in fees and prolonged waiting time have made the US-EB5 Visa almost unattainable in recent times. With the suspension of a whole host of other US visa categories; popularity of the Grenadian E-2 Visa, that can be easily obtained via the Citizenship-by-investment programs, has risen tremendously in the last few years. CBI programs are also a terrific channel for high net-income holders from developing countries looking to bolster and diversify their investment portfolio. They offer greater migration options along with freedom to travel visa-free to over 143 countries, including the UK, Schengen, Russia & China.
The Grenada Citizenship by Investment program is up there with some of the best in the world in terms of what it has to offer, its value for money, and easy application process. It is not the cheapest of all the Caribbean CBI programs, but it certainly offers some unique benefits which might make it worth the extra investment. Grenada has a well organised CBI program with a fast processing time of under four months. The entire application process is digital, which adds to its efficiency and convenience. In this instance, you would invest a minimum of USD 350,000 in approved real estate.
The Government of Grenada fully supports this Citizenship by Investment Programme and we welcome qualified investors to join us and to benefit from the long-term development and prosperity prospects of this magnificent country. To preserve the integrity, value, and prestige of the Grenada Citizenship thru Investment Program, applicants have to adhere to the strict and straightforward protocols put up in this programme.
As part of its strategy to attract foreign direct investment, the Grenadian government is working closely with a select number of businesses related to tourism, agriculture and manufacturing. Through the implementation of the Grenada citizenship by investment program, the government also hopes to create investment opportunities that will bring about sustainable employment. There is also a government fee of USD 50,000 which does increase by USD 25,000 for every dependent after the third.
I was very skeptical as my last attempt to obtain an L1A was a negative one through another lawyer. Rest assured, I can vouch for his services and will recommend him highly. D&A has forged close relationships with all the stakeholders in Grenada’s Citizenship by Investment Programme and have success in helping people from around the world achieve citizenship of this forward-looking country. Citizens of Grenada are eligible for the E-2 Treaty Investor Visa, which means they are permitted to move to the US to invest in and run a business. Grenada’s attractive tax regime offers freedom from inheritance tax, capital gains tax and wealth tax.
- The applicant’s spouse, children, parents and siblings are also eligible to participate in the program.
- Grenada is the only Caribbean island with a CBI programme where citizenship comes with the ability to apply for a USA E-2 visa, which grants eligibility to live and operate a business in the US.
- Applications are processed efficiently, and children up to the age of 30 (not required to be enrolled in post-secondary) and parents over 65 can also be covered by your application.
- If an applicant is approved for money transfer, he/she will make the first citizenship payments and the citizenship application will be submitted to the Citizenship by Investment Unit for citizenship processing.
- Many international businesspeople also need a second passport or citizenship so they can enjoy greater visa-free travel than allowed by a single passport.