The pursuit of a second passport has become a strategic objective for individuals and families seeking broader perspectives around the world. Caribbean countries are one of the first countries that introduced their beneficial citizenship by investment programs to the world and one of them is Grenada. Grenada's Citizenship by Investment program offers a multitude of advantages, including visa-free or visa-on-arrival access to numerous countries, and the first and the only Caribbean country that offers the advantage of obtaining an E-2 Investor Visa Treaty with the USA while having the opportunity of dual citizenship.
It is also important to note that like many citizenship programs, you won't need to have a trusted partner law firm to walk you through the application process and submit the papers to the government. Mirabello Consultancy as a trusted partner will provide you with a comprehensive application pack containing all the necessary documentation and step-by-step instructions.
With its quick processing times, visa-free access, and stable economy, Grenada beckons as an appealing destination for those seeking the advantages of citizenship by investment.
Benefits of Obtaining Grenada Citizenship by Investment
Grenada's Citizenship by Investment program offers an array of benefits, from extensive travel privileges and family inclusion options to a secure real estate investment path and a straightforward application process. These combined advantages make Grenada an attractive choice for individuals seeking to secure a second citizenship that enhances both their personal and financial well-being. Grenada's Citizenship by Investment program is an enticing opportunity with a host of advantages. The key benefits that make Grenada an attractive destination for individuals seeking to secure a second passport:
Obtaining Grenada citizenship by investment grants you visa-free or visa-on-arrival access to 145 destinations worldwide, including Asian countries such as China, Hong Kong, and Singapore as well as Europe's Schengen Area and the UK. This extensive list ensures that you can explore the globe with ease and convenience.
Grenada stands out as the only Caribbean citizenship by investment program that holds the E-2 Investor Visa Treaty with the United States. This treaty allows Grenada citizens to apply for a working visa to the USA after establishing a domicile in Grenada. It opens doors to business opportunities and U.S. residency possibilities later in life with no minimum investment (we suggest investing at least USD 100,000 though)
One of the unique features of Grenada citizenship is its transferability. It can be passed on to new spouses and future generations, providing a lasting legacy and ensuring that your family can also benefit from this privilege.
The Grenada Citizenship by Investment program allows you to include a wide range of family members in your application. This includes your spouse, children under 30, unmarried siblings aged 18 and over, parents, and even grandparents of the main applicant and spouse, making it a family-friendly option.
Grenada imposes no restrictions on dual citizenship, providing you with the freedom to maintain your existing citizenship(s) while acquiring a Grenadian residency permit.
Grenada has a tax-friendly environment, which can have a big impact on your financial situation. Global income, dividends, interest, and royalties received from other nations are not taxed. Inheritance, capital gains, income, and stamp duty are all tax-free. While companies follow different rules, they still enjoy more favorable tax conditions in Grenada compared to many other countries. This beneficial tax policy can improve your financial stability and prosperity.
There are no mandatory minimum stay requirements in Grenada, either before or after citizenship is granted. You have the flexibility to reside where you choose while enjoying the privileges of Grenadian citizenship.
The cost of obtaining Grenada citizenship is competitive and cost-effective, with minimal processing fees compared to many other citizenship by investment programs.
Grenada's application process is straightforward and efficient, education or management experience is required. Please also note that with new regulations you need to be interviewed.
For those interested in real estate investment, Grenada offers a secure option. You can invest in government-approved real estate projects, with a minimum purchase of USD 220,000, and an additional non-refundable contribution of USD 50,000. The real estate must be held for a period of five years, adding a tangible asset to your investment portfolio.
Grenada's application process is conducted with utmost confidentiality. Your personal information is secure, with no disclosure or exchange of information with other governments or bodies, except when due diligence checks are carried out as part of the application process. These checks are performed by authorized due diligence agencies, ensuring the privacy and security of your application.
Grenada, sometimes known as the "Spice Isle," is an enthralling Caribbean country with beautiful landscapes and a colorful culture. It is well-known for its spice production, vibrant events such as Carnival, and a diverse economy based on tourism and services.
Grenada has an appealing Citizenship by Investment scheme that promotes economic growth while delivering the privileges of Grenadian citizenship. The island is well-known for its stability, safety, and high-quality education and healthcare.
Grenada's natural beauties, such as Grand Etang Lake, the Seven Sisters Waterfalls, and the Underwater Sculpture Park, highlight the island's stunning surroundings. The distinct combination of natural beauty, culture, and economic potential makes it a desirable destination for investors, tourists, and those seeking Grenadian citizenship. Grenada provides a spectacular Caribbean experience, whether for leisure, investment, or habitation.
Many citizenship programs require working with an Authorized International Marketing Agent to begin the process of obtaining citizenship. However, Grenada is not one of those countries. It should be noted that citizenship applications can provide their papers directly to Grenada's Citizenship by Investment Committee. But, always remember that the process can be complicated and not easily manageable, so we highly recommend contacting an Authorized Law partner Mirabello Consultancy and we will take care of the whole process.
After contacting Mirabello Consultancy, the applicant will be assisted in preparing the required documentation for submission to the process. This phase includes filling out official forms, getting a medical checkup, and receiving specified supporting documents.
All documentation must be presented in English and legally certified. If the applicant chooses to invest in real estate, they must reserve the property through a sale and buy agreement. Mirabello Consultancy will help you to go with the best investment program per your needs.
When all of the necessary paperwork and documents are completed, Our legal advisors apply to the Granda citizenship executive office. We will be in charge of all communication regarding the applicant's file, including any queries or questions that may arise.
It is important to note that the Grenada Citizenship by Investment Program started requiring interviews as a mandatory part of obtaining citizenship.
The government does a thorough due diligence background check on each application. All supplied information is checked and verified during this process.
After the due diligence, the government makes the final decision, which normally follows the investment committee.
If the applicants pass the steps they are granted the citizenship permit, however, during this time investors need to finalize their contribution by the end of the provided deadlines. After the full investment, we will help you to apply for the Grenada passport which will be given to you within 4 to 6 months after applying.
Grenada Citizenship by Investment is a once-in-a-lifetime opportunity for individuals to get Grenadian citizenship in exchange for a major investment in the country's economy. This initiative is intended to attract foreign investors who want to help Grenada thrive while also reaping the benefits of being a Grenadian citizen.
The minimum investment required for Grenada Citizenship by Investment depends on the option you choose. You can opt for a donation of at least $150,000 or invest in approved real estate with a minimum value starting from $220,000. It's essential to consider these investment thresholds when planning to obtain Grenadian citizenship through this program.
No, there is no requirement for you to reside in Grenada after obtaining citizenship through the Grenada Citizenship by Investment program. Grenada allows individuals to become citizens without the obligation of living in the country, providing flexibility for those who wish to maintain their existing residence while enjoying the benefits of Grenadian citizenship, including visa-free travel and investment opportunities.
To apply for Grenada Citizenship by Investment, you must work with a licensed authorized agent. The Grenada Citizenship by Investment program requires applicants to go via an authorized agent who is familiar with the process and can assist you in properly completing and submitting your application. Using an authorized agent guarantees that your application meets all of the relevant requirements and increases the chances of success.
Unfortunately no, same-sex couples are not eligible to apply for the Grenada Citizenship by Investment program.