Citizenship Invest Program Grenada
Citizenship Invest Program Grenada | GCI. We are the world's leading experts in advising foreign investors on Citizenship & Residency by Investment. Grenada Citizenship Invest Program. Read more on how to apply to Citizenship Invest Program Grenada.
Be part of an exclusive and exciting Citizenship by Investment (CBI) opportunity. Citizenship Invest Program Grenada makes it possible for those who invest in Grenada’s economy or real estate development to gain citizenship to live or work in this beautiful Caribbean country. The island state of Grenada is located in the southeast Caribbean Sea, northwest of Trinidad and Tobago, northeast of Venezuela and southwest of Saint Vincent and the Grenadines. It is also known as the “Spice Island “, having large export production quantities of nutmeg and maize. The climate is tropical: hot and humid in the rainy season and cooled by the trade winds in the dry season. The Grenada Citizenship by Investment Programme was developed with families in mind, and offers one of the most affordable options for parents choosing to apply with their children.
The Citizenship by Investment Programme came into being in August 2013, when the Grenadian Parliament passed Act No. 15 of 2013, otherwise referred to as the ‘Grenada Citizenship by Investment Act, 2013.’ The stated objective of the Act is to “enable persons to acquire permanent residence and citizenship of Grenada by registration following investment in Grenada.” To apply for the Citizenship Invest Program Grenada the applicant has to make a significant economic contribution to the country, or to acquire a government approved qualifying asset. In exchange, and subject to a stringent vetting and due diligence process, including thorough background checks, the applicants and their families will be granted citizenship. We will guide you through the whole submitting process for the Citizenship Invest Program Grenada.
Grenada Citizenship by Investment Options
Grenada Citizenship by Investment Options: the first option is that the investment takes the form of a donation to the Grenada’s National Transformation Fund (NTF) and the second option is an investment in pre-designated real estate projects. The cost varies according to the number of family members included in the application. The highly reputable Citizenship by Investment Programme in Grenada invites investors of good character to make an economic contribution to Grenada and in exchange, the applicant and their family are eligible to obtain full citizenship of the country, within the strict guidelines of the law. Furthermore, deprivation of citizenship will occur where such registration as a citizen was obtained by false representation or fraud or wilful concealment of material facts or the person has been convicted in Grenada of an act of treason or sedition.
How to apply for citizenship in Grenada?
To apply for Citizenship Invest Program Grenada applicants must be at least 18 years of age, be of a good character with no criminal record, and have good health. An applicant may apply together with his or her spouse and dependent children, and, in some cases, dependant elderly parents or grandparents.
The process of applying for citizenship in Grenada is rigorous and requires diligent preparation in order to gather all the information needed. Application timelines can vary and be difficult to predict, although they usually depend on how easily an applicant can access the required documentation, as well as the complexity of the application as a whole.
The process may be simplified into the following steps:
- Application preparation and pre-approval by GCI - Global Citizenship Investment
- Submission of the application to the Government of Grenada
- Government processing of the application and due diligence checks, taking at most 3 months for completion.
- Approval in principle.
- Investment in real estate or donation to the NTF.
- Citizenship certificate issued.
- Passport application and issuance.
The documentation that you require is as follows:
- Main Application Form
- Application Checklist
- Citizenship or Permanent Residence by Investment in Grenada
- Birth and Adoption Record
- Application for Family Members
- Affidavit of Support for Dependants Over Age 18.
- Verification of Support of Dependants Over Age 18
- Statement of Source of Funds
- Medical Health Certification
- Electronic Signature Registration
- Criminal Record Verification
- Application Form for Approved Project
Furthermore our consultants will guide you through the whole submitting process for the Citizenship Invest Program Grenada.
Why become a citizen of Grenada?
We suggest the Citizenship Invest Program Grenada will offer our customers a lot of benefits.
- Citizenship for life, with the right to live and work in the country
- The time frame of precessing application is within 3 months.
- Visa-free travel to 144 countries and territories, including the Schengen Area (EU), the United Kingdom, Hong Kong, and Singapore
- No interview and no mandatory travel is required during application process
- Tax free on worldwide income
- Dual citizenship is permitted
- No restriction on the repatriation of profits and imported capital
- Life in an economically, legally, and socially stable country that belongs to the Commonwealth of Nations, and whose political system is based on the British parliamentary system
- Life in a tropical paradise, with appealing lifestyle and retirement options
- Low residency requirement
- No minimum level of English requirement
- No previous education or management experience requirement
- The chance to apply for a United States E2 Visa for entrepreneurial activity
Individuals who obtain citizenship through Grenada’s Citizenship by Investment Programme are entitled to the same rights as any other Grenadian citizen. These include the right to live and work in Grenada at all times, and all the rights associated with membership of the Caribbean Community (CARICOM). Grenada has no foreign income, wealth, gift, inheritance, or capital gains tax. There is no restriction on the repatriation of profits and imported capital. Generous incentive packages exist including corporate tax incentives, full exemption from import duties, tax relief benefits, and export allowance.
Grenada offers its citizens social and political security, reinforced by its membership in the United Nations and the Commonwealth of Nations. Grenada’s local community is culturally vibrant, vivacious, and extremely friendly. Grenada has a long history, and locals are proud of their national heritage, which they celebrate throughout the year. Finally, Grenada is the perfect setting for both adventure and relaxation: its wildlife attractions, marine life, and national parks make it an exciting place to explore, while its super-yacht marina and pastel towns make it ideal for strolling and unwinding.
The Grenadian passport is issued to citizens of Grenada for international travel. When issued, the Grenadian passport is normally valid for five years. New applicants are issued with a Caribbean Community Grenada Passport. In January 2017, Grenadian citizens had visa-free or visa on arrival access to 144 countries and territories, ranking the Grenadian passport 33rd in terms of travel freedom according to the Henley visa restrictions index. Passport holders may travel to Hong Kong, Singapore, the UK and Europe, among others, with relative ease and without challenging visa requirements. Grenada signed a mutual visa waiver agreement with Schengen Area countries.