CategoriesBlogsAugust 8, 2023October 26, 2023 by TrenityCitizenship by Investment in Grenada: Know the Passport RankingThe prospect of global citizenship is becoming more popular in today’s interconnected world, giving people the chance to get second passports through citizenship by investment (CBI) programs. Through its Citizenship by Investment program, Grenada, a Caribbean gem famed for its beautiful landscapes and colorful culture, has become a popular location for getting a second citizenship. We will examine the advantages of obtaining Grenadian citizenship through investment in this article and learn more about the passport ranking it provides. We’ll also explain why Trenity Consultants, the best immigration lawyers in Dubai, are the perfect people to help you navigate this life-altering process.About Grenada The former British colony of Grenada is made up of six parishes, with Saint George, Saint Andrew, and Saint David being the most popular. The island country has a total area of 348.5 square kilometers and is located in the Caribbean, immediately north of Trinidad and Tobago. Its environment is characterized by volcanic terrain and mountains. Tropical weather is tempered by trade winds from the northeast. The largest city and capital of Grenada is Saint George’s, which has a total population of about 111,454 people. Gouyave and Grenville are two other noteworthy towns. Maurice Bishop International Airport (GND), which bears the previous prime minister’s name, is the only international airport in the nation and offers access to regional, North American, and European locations. Grenada’s culture is an intriguing fusion of African, indigenous, and European customs, with Christianity as the main religion. The legal system is based on English common law, and English is the language of government. In a constitutional monarchy where Queen Elizabeth II serves as head of state and Prime Minister Keith Mitchell as head of government, the government is run as a parliamentary democracy. The Eastern Caribbean Dollar (XCD), which has been tied to the US dollar since 1976, is the official unit of exchange. Grenada, which ranks 29th among Caribbean and Latin American nations, has an open economy and a GDP of about $1.8 billion. The GDP is primarily contributed by the services sector, with tourism having grown in importance. Still available are agricultural goods like cocoa, bananas, and nutmeg. Over the last few years, Grenada has become a popular travel destination, with an increased focus on ecotourism. As the main activities, tourists can partake in market visits, hiking, trekking, diving, and animal viewing. Grand Anse Beach, the nation’s capital St. George’s, the underwater sculpture park, and Morne Rouge Bay are some of the major attractions. The country welcomes about 500,000 tourists annually and aims to increase that number by presenting itself as a desirable port of call for cruise ships.Grenada passport ranking The Grenadian passport is now in position 34 on the Guide Passport Index. It provides visa-free access to 141 countries. Because of this, it receives a high mobility score overall, making it a desirable passport. Holders of Grenadian passports can enter countries including Singapore, the United Kingdom, Russia, Israel, and the entire European Union without a visa and can even obtain one on arrival. This makes it possible to visit popular locations around the world fairly immediately. However, bearers of Grenadian passports need a visa to enter roughly 88 places. Thailand, the United States, and Australia are a few of the nations that demand a visa. A Citizenship by Investment program is available in Grenada. Within four months, individuals can receive a Grenada passport and citizenship after completing the relevant paperwork and making the required financial commitment to the country.Grenada Passport Ranking The number of countries that grant Grenada passport holders entry without a visa (i.e., visa-free nations) and those that permit them entry with a visa on arrival (i.e., visa-on-arrival nations) or electronic travel authorization (eTA) is added up to determine the Grenada passport ranking as compared to other international passports. There are now 113 countries that don’t require visas for Grenada passport holders, 26 that do, and 2 that do. Grenada passport holders can enter 141 different countries either without a visa, with a visa on arrival, or using an electronic travel authorization (eTA). The Grenada passport is consequently ranked 34 in the world. There are 88 additional countries where Grenada passport holders must obtain a physical visa or an electronic visa in order to enter (i.e., visa-required countries), apart from those where Grenada passport holders can enter visa-free or with a visa upon arrival.Grenada Citizenship by Investment The Grenada Citizenship by Investment program, which was established in 2013, enables overseas investors to get a second passport and legal citizenship in 4 to 6 months by pursuing one of the following routes: Making a minimum, non-refundable donation to the National Transformation Fund in the amount of US $150,000 (the total payment depends on the number of dependents).Investing a minimum of US $220,000 or US $350,000 in a real estate venture that has received government approval (extra costs may apply according to the number of dependents listed on the application)There are many benefits for the citizens of Grenada such as:Dual citizenshipInheritable citizenshipNo taxes on non-residentsE2 investor visa treaty with the USHow can Trenity Consultants help you? Grenada’s Citizenship by Investment program offers a variety of advantages to investors looking for a second passport as well as a path to international mobility. Grenadian citizenship is a great asset for residents around the world due to its high passport status and other benefits. By working with Trenity Consultants, the best immigration consultants in Dubai, you can be confident that your application will go smoothly and quickly, putting you one step closer to becoming a citizen of Grenada and opening up a world of potential.Here are some of the reasons why we are the best: Expert guidance – we have a team of highly experienced immigration experts who are well-versed in the Citizenship By Investment in Grenada program. They ensure you a seamless application process.Customized solutions – we provide customized solutions based on individual needs making the whole journey towards Grenada a smooth and efficient experience.Timely updates – Our team at Trenity Consultants will keep you informed at every step, offering you regular updates and clear communication. This is to address queries promptly.Extensive experience – we have a proven record of successful citizenship by investment applications and have earned a reputation for delivering impeccable services to our clients.This is what makes us one of the best Immigration Consultants in Dubai. Want to know more? Call us or visit our website contact us page for a free consultation…!!!