Grenada is one of the member states of commonwealth in the Americas. The capital is St. George. Grenada meets various needs such as asset allocation, tax planning, corporate listing, visa exemption for global business travel, and children’s education. The whole family can obtain citizenship in just 60 days of approval process.
The application mode of approval before investment, without logging in, is truly zero-risk, low-investment and fast immigration method.
The immigration categories are listed below;
- Citizenship By Investment
- Immigration By Investment
- Residency By Investment
- Immigration By Professional Skill
As highlighted in Grenada Citizenship By Investment, more detailed information will be clearly expressed here.
- Real Estate Investment
-Five Star Citizenship Investment
The theme of the hotel is high-end design based on natural resources, with a total of more than 500 rooms. A variety of room types are suitable for different types of occupancy groups. Invest in a world renowned, highly successful and luxurious hotel brand with a unique design which will enable you to also apply for citizenship. Guaranteed Buy-Back! Become a shareholder within this luxury hotel development which is an approved project for Citizenship.
-Grenada Resorts & Villas Investment
Located on the 7th most beautiful beach in the Caribbean, (as voted by the Sunday Times, London) this fantastic boutique hotel resort currently consists of 22 beautiful villas and 1/2/3 bedroom apartments which are all graced with the best views in Grenada. This world-class, luxury resort and private residence club is located on its own little corner of paradise. Investors will also become a citizenship
- National Transformation Fund Contribution
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 in 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.
Eligible applicants, once approved are required to make a one-time, non- refundable monetary contribution to the NTF. The value of said investment contribution will vary depending on the number of dependents.
A key benefit of donating to NTF is the lack of hassles associated with owning vacation real estate. However, the NTF program is a non-refundable contribution; whereas the option to purchase real estate via the Citizenship by Investment program may offer a partial return on investment, or perhaps a healthy ROI, with few limitations.
- Grenadian Citizenship Advantage
There are substantial business advantages of Grenadian citizenship. Grenada is a tax haven, in that it has no foreign income tax, wealth tax, inheritance or capital gains tax. It also has no restrictions on imported capital or on the repatriation of profits into Grenada. The currency of Grenada is the East Caribbean Dollar, which is pegged to the US Dollar. So it has a stable and secure currency and business can be done in US Dollars too.
For corporates, there are also corporate tax incentives, full exemption from import duties and export allowances. There is also duty-free trading within the Caribbean. So, from a tax perspective, it’s quite an attractive place to do business. If you need any advice on this front, click here to get in touch with me as I have tax lawyers who can assist with any tax planning.
Grenada itself comes with many advantages, particularly in comparison to similar citizenship-by-investment programs in other Caribbean countries. It is the only citizenship-by-investment program which offers visa-free access to China. Grenada is also currently the only program offering visa-free access to the US. And that’s the reason why the Grenada program really stands out.
They have an efficient system for this kind of applications. Compared to Antigua, St Kitts, and Nevis and Dominica, Grenada is one of the faster application processes. By law, they have to process the routine application within 60 days of submission. In terms of the minimum investment amounts and associated fees, for real estate, Grenada is one of the more cost effective options in comparison to other Caribbean citizenship-by-investment programs. Both St Kitts & Nevis and Antigua & Barbuda have higher minimum investment thresholds.
For the contribution to the Government fund, Grenada’s minimum contribution and associated fees are broadly in line with other Caribbean nations’ costs. Once the application is approved, you can immediately apply for your passport. Passports are often issued within days of the application. So this is an attractive option for securing a second citizenship fairly quickly.
- Application Process
You need to fulfill the personal application criteria: you must be in good health and you need a clear criminal record from your current country of residence and proof that you have the necessary funds available to invest.
You need to register with us: you must complete all the application forms and provide the supporting documents, with our company’s assistance.
You need to sign agreement: the investor signs the Professional Service Agreement with our company, which starts the documents gathering phase.