Often referred to as the Caribbean’s Spice Islands, Grenada is a breathtaking island where English is spoken. It boasts pristine white beaches, verdant vegetation, and vibrant coral reefs. The nation has a stable government and a well-structured investment climate.
Grenada provides a swift route to citizenship, Grenada Passport, for investors capable of making a financial contribution or investment in the country. With prices beginning at a mere $150,000 USD and processing periods of less than three months, Grenada’s citizenship-by-investment (CBI) scheme is among the world’s quickest and most affordable.
Grenadian citizens enjoy visa-free travel to 127 countries, visa free countries for Grenada encompassing the United Kingdom, the European Union, and significant business centers like Singapore and Hong Kong. Travel without a visa. Remarkably, Grenada is among the handful of countries whose citizens can visit the People’s Republic of China without needing to secure a visa beforehand.
CBI Grenada has upheld an E2 Treaty with the United States since 1989. This treaty allows Grenadian citizens to qualify for the E2 Treaty Investor Visa, enabling them to relocate to the US for the purpose of investing in and managing a business.
The E2 Visa does not have a set expiration date and can be continually renewed as long as the associated business remains operational. For those uncertain about the kind of business they want to establish in the US, franchise opportunities are available.
The primary visa holder’s spouse is allowed to accompany them and has the option to apply for a US work permit, which offers more flexibility compared to other work visas such as the H1B visa. Dependent children under 21 years old are also allowed to move to the US with their parents.
Although Grenadian citizenship does not guarantee a US visa, being an E2 treaty nation with the United States, Grenada offers a quick and efficient pathway for setting up or expanding a business in the United States through the E2 visa program.
Indeed, you are eligible to apply for the US E-2 Treaty Investor Visa whether you opt for the Grenada CBI via real estate or donation. A widespread misunderstanding is that choosing the donation option disqualifies you from an E-2 Visa – this is not true.
The eligibility for the E-2 Visa is based on being a citizen of an E-2 Treaty Country. Grenada is one such country, and its citizens can apply for the E-2 Visa, irrespective of the citizenship route they take. Get in contact for Grenada cbi approved projects.
An application for Grenada citizenship can be expanded to encompass other family members. The main applicant has the option to include a spouse, dependent children, and dependent parents.
Under the donation route, the costs and charges increase for additional family members. Grenada CBI fees, A single applicant’s donation of $150,000 (USD) increases to $200,000 for an extra three family members and a further $25,000 for each additional dependent beyond the initial three.
The investment requirement and government fee remain the same under the real-estate route, even when up to three eligible family members are included. However, a government fee of an additional $25,000 USD is levied for each family member beyond the third. The application fee for both the donation and real-estate investment routes is $1,500 per person, which is reduced to $500 for individuals under 18 years of age.
Individuals married to Grenadian citizens are qualified to apply for Grenada citizenship based on their marital status. This allows one partner to secure Grenadian citizenship via the Citizenship by Investment (CBI) scheme, and the other to later apply for the same based on their marriage.
This method might be more cost-effective compared to a joint application, but the process of acquiring citizenship through marriage is considerably lengthier than the CBI scheme. The CBI scheme typically takes two to three months, while the marriage route could take up to two years.
Single applicants with spouses and children who are not included in a joint CBI application are still subject to certain fees. The spouse’s nationality is irrelevant when applying for the United States E-2 Visa. The main applicant for E-2 must be a citizen of an E-2 Treaty Country, but the spouse and offspring of the main applicant are not required to be citizens of an E-2 Treaty Country.
Theoretically, this implies that only the main applicant needs to secure Grenadian citizenship as a means to the E-2 Visa. Although this could make the Grenada + E2 pathway more economically feasible for some investors, there are subtleties to this strategy, so we recommend reaching out to our team to discuss your individual situation.
Grenada doesn’t impose a tax on the global income of its citizens. As a result, those applying for CBI who own property and businesses outside of Grenada are not liable for additional taxes. Taxes are only applied to the business operations of citizens within the island.
Upon acquiring Grenadian citizenship, there is no obligation to relinquish any other citizenships you possess. Grenada allows dual citizenship. It is advisable to consult with your immigration lawyer to determine if the other country or countries where you hold citizenship also allow dual citizenship.
For instance, India does not allow dual citizenship but provides a status known as Overseas Citizen of India (OCI) that can be maintained alongside Grenadian citizenship. This status grants most privileges, with the primary limitations being on holding office, working in government positions, and owning agricultural land in India.
The passport of Grenada is powerful and distinctive. Grenada citizens can travel to China without needing a visa, and they also have visa-free entry to the European Union and the United Kingdom.
Visa-free travel to significant business centers like Singapore and Hong Kong is also a privilege for Grenadians. Moreover, Grenadians are qualified for the United States E2 Treaty Investor Visa. To be eligible for this highly coveted visa, applicants must hail from a country that has an E2 Treaty with the United States.
Grenada is one such country with an E2 Treaty, unlike countries such as India, China, Russia, South Africa, and Vietnam. The opportunity to access the E2 Visa motivates some applicants for Grenada’s CBI. Benefits of Grenada Citizenship.
Grenada’s Citizenship by Investment program is considered one of the most comprehensive globally. Many clients are drawn to it due to the E2 visa, but Turkey’s Citizenship by Investment program serves as a viable alternative.
Although Turkey’s program is slightly pricier and has a longer processing time compared to Grenada’s, some individuals favor Turkey due to cultural or geographical preferences. Turkey’s strategic location as a significant transport hub between Europe and Asia is also a plus. Turkey grants citizenship through a real estate investment starting at $250,000 USD or bank deposits amounting to $500,000 USD.
The interest in Grenada Citizenship by Investment has been on the rise among Non-Resident Indians (NRIs) following the alteration of taxation rules on NRIs by the Indian government in April 2021. This includes NRIs residing in Gulf States such as Kuwait, Saudi Arabia, UAE, Hong Kong, Bahrain, and more, who are showing keen interest in the citizenship by investment program of Grenada.
The program of Grenada is appealing to NRIs as it provides a swift pathway to citizenship (less than 3 months), an economical route to citizenship (beginning at $150,000 USD), and no tax on global income. While Grenada permits dual citizenship, India does not. Grenada Citizenship for Indian.
Grenada offers a fast pathway to citizenship. How to get Grenada citizenship.
When it comes to the price of Grenada Citizenship, investors are presented with two primary choices: a donation of $150,000 to Grenada’s National Transformation Fund or a real estate investment starting at $220,000, plus a $50,000 government fee.
Grenada CBI agents. With our robust presence on the island, Global Immigration Partners can assist our clients in exploring investment options. If requested, our senior team will accompany clients to the island and introduce them to important figures such as government officials, investment fund managers, and real estate developers.
Grenada citizenship cost. Buy Grenada Citizenship.
Grenada passport requirements. The processing duration is remarkably quick, with most applications taking under three months, and there’s no need to travel to the island. The process begins with the candidate selecting a global marketing representative. Global Immigration Services acts as a worldwide marketing agent for the Grenada CBI program.
Candidates also need a domestic marketing representative.
The applicant must collaborate with the agents to fill out the application form, undergo a medical examination, and supply English versions of legal documents (translated if necessary). Your local agent will forward the document to the Grenadian authorities and serve as your liaison for all communication.
The authorities carry out due diligence, and if your application is approved, you must make the donation or provide evidence of your investment to receive your citizenship documents. Grenada citizenship by investment.
The Grenada Citizenship by Investment Programme has stringent yet straightforward regulations. Candidates must possess a clear criminal history and be capable of validating their income source. There’s no obligation to live in Grenada either prior to or following the acquisition of citizenship, and there’s no global income tax. Dependent children up to 29 years old are also covered.
With the assistance of Global Immigration Partners, the entire procedure can be expedited and streamlined. A thoroughly prepared application, coupled with the proficiency of the Grenadian authorities, results in an average processing time of merely two months.
Global Immigration Partners is a specialized immigration law firm. A substantial part of our practice focuses on assisting business owners and investors with E1, E2, L1 and EB-5 visas.Through our international presence we have specialist knowledge of the specific procedures in multiple embassies and consulates around-the-world.
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