To attract businesses, there are corporate tax incentives, full exemption from import duties and no restriction on the repatriation of imported capital and profits. Grenada’s government is intent on preserving the natural environment and has launched a new project aimed at providing green energy to rural areas. GRENADA CITIZENSHIP. https://www.artoncapital.com/global-citizen-programs/grenada Grenada Citizenship Program & Benefits. The concept of Citizenship by Investment (CBI) is fairly simple: an applicant obtains a second passport in return for property investment or a contribution to a government fund. To acquire a secondary passport from the country, the applicant needs to make a minimum monetary investment of 150,000 USD. Many African investors are interested in the Caribbean islands in terms of a second citizenship. Grenada passport holders are privileged to numerous benefits: Visa-free access to 143 countries, including Schengen zone, UK & China Citizenship is inheritable by new-born Grenadian citizenship grants you visa- free travel to over 115 countries including the EU Schengen area, the UK, China, Singapore and Hong Kong. Second passports from Grenada offer a number of benefits including visa-free travel to 142 countries including the UK. Grenada is one such treaty country and acquiring economic citizenship from it would make you eligible to apply to the US under the E-2 visa. Grenada’s Citizenship by Investment Programme was launched in August 2013, and came into force following the Grenada Citizenship by Investment Act, 2013. Grenada second passport holders are free to travel without any VISA to 141 countries that includes UK, Schengen Area, China, Brazil and other key business and lifestyle destinations. Five Additional Attractions of Grenada Citizenship November 1 st 2019 Aside from the obvious advantages of holding a Grenadian passport which allows visa-free travel to 153 countries, there are a number of added benefits you could gain from applying for the Grenada Citizenship … Grenada has long been a popular option for investors seeking the benefits of a second, or third, citizenship. You will have the right to live and work in Grenada at any time. Citizenship of Grenada would also give you: Visa-free travel to around 143 countries including Europe, Singapore, Russia, the Schengen Area and China, to name a few Full citizenship status under Grenadian laws without the need to visit or reside in Grenada Right to live and work in Grenada No Foreign Income, Capital Gains, Gift, Wealth Or Inheritance Tax is payable in Grenada. You and your family will obtain an irrevocable dual citizenship and second passport without having to move away or renounce your current nationality. It is one of only three countries in the Caribbean with access to the USA E-2 treaty investor visa, meaning anyone with significant business investments in Grenada has the opportunity to also reside in the USA. Grenada is not a targeted tax haven. Benefits of Grenada Economic Citizenship: The program is entrenched in law and fully supported by the Government of Grenada Grenada allows for dual citizenship and does not require successful applicants to renounce their other citizenship (s) The program allows you … Grenada is the only citizenship by investment jurisdiction in the Caribbean that extends this benefit to its economic citizens. Why a Grenada Citizenship by Investment (CBI) Programme? Grenada’s Maurice Bishop International Airport has direct flights from New York, Miami, Atlanta, Toronto, Caracas, London, Frankfurt and a number of Caribbean countries. The Grenada program is the only one of the Caribbean citizenships by investment programs that offers an opportunity to obtain an E-2 Investor visa in the United States of America. Grenada’s CBI programme allows dual citizenship and has the lowest family application fees in the Caribbean. Because Grenada is a member of CARICOM, you will also be able to live in any of the other member nations. The Citizenship by Investment Programme was re-launched by the immigration authority in 2013. Under the Grenada CBI programme, a visa applicant has to make $220,000 investment in a government-approved real estate project to acquire citizenship… Benefits. Grenada Citizenship by Investment. Successful applicants will enjoy travel visa-free to over 120 countries worldwide including the United Kingdom (UK), the European Union (EU), China, Brazil, Hong Kong, and Singapore. Grenada Citizenship by Investment. These checks are performed by an authorised due diligence agency. Mobility is by no means the only reason in our difficult times, it’s a plan B to hedge a variety of risks. USA E-2 Visa: Grenada citizenship E-2 visa eligibility is one of the most coveted Grenada citizenship benefits. The benefits of Grenada immigration are already discussed above. Grenadian citizens have preferred access, and in some cases, grants, to top schools. Grenada processes CBI applications within 3 months. Grenada’s local community is culturally vibrant, vivacious, and extremely friendly. Benefits. World income, as well as wealth and inheritance, are tax exempt in the jurisdiction of Grenada. The place is close to nature 2. Benefits of Grenada Citizenship Programme: Visa-Free Access to China August 6, 2020 August 14, 2020 usimmigrationadvisor Many of our clients are motivated to apply for the Grenada Citizenship by Investment Program because of it provides rapid access to … 15 of 2013, known as the Grenada Citizenship by Investment Act. Grenada is the only citizenship by investment jurisdiction in the Caribbean that extends this benefit to its economic citizens. There are two main options for obtaining citizenship: investment in real estate or investments in the state fund NTF. Grenada’s CBI programme is carefully managed with rigorous background checks to ensure the programmed has longevity. No interview, management experience or qualifications are necessary. There are numerous benefits of Grenada immigration, some are listed below: 1. The Grenada investment visa programme provides second citizenship in Grenada and a passport to investors offering visa-free travel to over 153 countries including the UK, EU Schengen countries and China. The immigration authority in Grenada offers you to get the Grenada citizenship through a real estate investment program. Grenada is one of the latest Caribbean nations to offer foreign nationals citizenship through the country's Citizenship by Investment program. Burns Point, Carenage, St George’s, Currently, Grenada allows gaining citizenship by investors if they spend $350,000 on property development projects. The economy is growing at nearly 5% per annum and tourist stay over arrivals for 2017 were up more than 8% on the previous year. The Citizenship by Investment Programme of Grenada was established in August 2013 under the ‘Grenada Citizenship by Investment Act, 2013.’ The Act allows third party nationals to acquire permanent residence and citizenship of Grenada through one of the following investment structures. Home > Citizenship by Investment Overview > Benefits. Grenada offers its citizens social and political security, reinforced by its membership in the United Nations and the Commonwealth of Nations. The Citizenship by Investment Act has been amended four times since then, the last time being on April 1, 2019. Notable new amendments include: 1. 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