Grenada
Travel visa-free to 143 countries with Grenadian Citizenship
FACTS
LOCATION
An island in Carribean Sea
CAPITAL
St. George's
TOTAL AREA
Grenada is 348 sq. kms in area
CURRENCY
East Caribbean Dollar
LANGUAGE
English
ELIGIBILITY
AGE
Over 18 years
LANGUAGE TEST
No test required
FUNDS
Source must be legal
DEPENDANT
Children under 25 years
HEALTH
No serious medical conditions
HIGHLIGHTS
CITIZENSHIP
Life time and non-revocable
VISA FREE TRAVEL
Visa free travel to 143 Countries
EXCHANGE RATE
USD $1 = XCD $2.70
TAX
No tax if not residing
WORLD WIDE INCOME
No Tax
BENEFITS
Dual Citizenship?
Yes, it is allowed
Physical Residence?
No, physical residence is not required.
Timeline of the process.
The minimal time of processing is 3 to 5 Months.
Dependents parents and children applicable.
The dependent children must be under 25 years of age & parents must be above 65 years of age.
Citizenship by Investment
Plan Details
Get second passport in 3 months under Citizenship & Investment plan.
Donation
( Non-Refundable Investment )
Main Applicant, spouse & 2 Children below 18 years
US $200,000
Additional dependents
US$ 25,000 Each dependent
Real Estate
*Real Estate must be held for 5 years and may be eligible for resale
Investment
US $220,000
Government Fees:
Family upto 4 members
US $50,000
Additional dependents
US $25,000 Each dependent
Citizenship by Investment in Grenada is one of the newest programs introduced for investors in various countries throughout the globe who are interested to obtain citizenship in Grenada. This program is meant to provide the second citizenship in this EU nation with the amenities of visa-free traveling to more than 153 countries. Apart from the benefits in the EU nations, the UK, and China, this visa provides the USA E2 treaty investor visa to the citizenship owner.
In 2013, the Grenadian Parliament passed the nation’s Citizenship by Investment Act to allow people to get citizenship and PR through specific types of investment here. Since the enactment of the law, the nation has been having a legal basis for Grenadian citizenship. Are you seeking citizenship by investment in Grenada? If so, know that there are two financial investment options in the program, which are as follows.
- A non-refundable donation worth $150,000 or more to the NTF (National Transformation Fund).
- An investment worth $220,000 or more in a Grenada government-approved real estate project. It will be possible for you to sell the property concerned in five years.
Reasons To Sign Up For Grenada CBI Program
Grenada has an attractive CBI program that allows traveling with a no visa and with a passport to more than 140 nations. The program allows getting a Grenada passport in 3 to 4 months, which you can use in addition to your original passport. Grenada has a tax regime that does not claim tax on wealth, inheritance, and income. Getting a passport does not require residing physically in Grenada. The nation makes dual citizenship possible, and you can transfer Grenada citizenship to descendants. Moreover, a Grenadian passport paves the way for immigration to the US through an E-2 Investor Visa.
Why Work With Trenity Consultants?
There are numerous reasons for you to work with us, including the following.
- We offer transparent immigration services to clients. Transparency is important with regard to immigration.
- We are among the most experienced immigration consultants in the UAE. Our experience helps set our immigration services apart from other businesses in this field.
- We are also an immigration service provider with credibility. We have played a part in changing people’s lives for the better through immigration. Our work quality and reputation speak for themselves.
- Our consultants prioritize the well-being and satisfaction of clients when offering them immigration services.
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 There is no need to travel to the country for application completion as the Grenada citizenship program doesn’t include these norms. Our terms are legal and include the most researched ways to attain citizenship by investment in Grenada.
The dependents (under 30 years) and parents (over 55 years) can be included in the Grenada citizenship option. The processing of Grenada citizenship by investment takes only 4 months with a valid registration process that could only be possible with experts who are well-informed with the rules and regulations of citizenship by investment in Grenada.
FAQ
To obtain Grenada citizenship by investment, you need to fulfill certain requirements. These include making a qualifying investment in Grenada, such as purchasing real estate or making a donation to the National Transformation Fund. You must also demonstrate the financial capacity to meet the investment requirements and undergo due diligence checks. It is advisable to consult with authorized service providers for detailed and up-to-date information tailored to your specific circumstances.
In Grenada citizenship by investment, due diligence refers to the comprehensive background checks conducted on applicants. It involves verifying their personal, financial, and professional history to ensure they meet the integrity and reputation standards set by the government. The due diligence process helps safeguard the integrity of the citizenship program by identifying any potential risks or concerns associated with applicants.
Grenada citizenship offers several tax benefits, including the absence of wealth or inheritance tax. As a citizen, you are not subject to taxes on your accumulated wealth or assets, and there are no taxes on inherited property. Additionally, Grenada does not impose worldwide income tax, making it an attractive option for individuals seeking tax advantages. It is important to consult with tax professionals to fully understand the tax implications and benefits of Grenada citizenship based on your specific circumstances.
The timeframe to obtain Grenada citizenship can vary, but typically it takes approximately three to six months. This duration includes the processing of the application, due diligence checks, and government approval. However, it’s important to note that individual circumstances and any additional requirements can affect the overall processing time. For more precise and up-to-date information, it is recommended to consult with authorized service providers specializing in Grenada citizenship.
Yes, Grenada recognizes and allows dual citizenship. Individuals who obtain Grenadian citizenship through its citizenship by investment program can maintain their existing citizenship(s) alongside their Grenadian citizenship. This provides flexibility and the ability to enjoy the benefits of multiple citizenships. However, it’s important to note that each country may have its own rules and regulations regarding dual citizenship, so it’s advisable to check the specific laws of your home country as well.
Yes, Grenada citizenship offers educational benefits for children. As a Grenadian citizen, your children may have access to quality education in Grenada, including primary, secondary, and tertiary education. Grenada has reputable educational institutions, including schools and universities, that provide a range of academic programs. Additionally, being a citizen of Grenada may also provide opportunities for scholarships, grants, or educational programs specific to Grenadian citizens.
