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Grenadas Citizenship
The main applicant must demonstrate that they are at least eighteen years old; in good health and have enough funds to afford such an investment. The requirement of an interview has been abolished and applicants do not need to visit or live in Grenada in order to avail the benefits of Grenadian citizenship. We work closely with government units and local agents in various jurisdictions, assuring that we can provide our clients with the best pricing possible while providing a professional and pleasant application experience.
You get equal treatment with all citizens, right to vote, and hold government office positions. Grenadian passport has visa waiver agreement with Russia, China, EU countries, United Kingdom, Ireland and 142 countries as of 2019. Imperial & Legal experts will assist you with preparing all necessary documents and submitting correct application paperwork for a Caribbean passport. Our legal support will help you protect your money and become Grenada citizen without leaving your home. Entrepreneurs should keep in mind other benefits of doing business in Grenada – skilled and hardworking workforce, modern infrastructure and growing tourism sector, tax incentives for local companies and duty-free trade in the Caribbean. Visa-free countries include the European Union member states, the UK and China.
What Is Grenada Citizenship By Investment Program?
The government recently reduced the price as a result of Covid, and investment now starts from €250,000. Citizenship and residency by investment programs usually require considerably more than $250,000. For example, the United States EB-5 Immigrant Investor Program, requires a minimum investment of $900,000 per family. In Nigeria, where around half the population are Muslim, the ban specifically targeted those seeking permanent residency in the United States. This hit particularly hard in the family-based immigrant categories, but also effectively put a halt to the EB-5 immigrant investor visa program in the country. The E-2 Visa allows anyone with citizenship of an E-2 Treaty Country to apply to move to the United States to invest in and run a business.
Denied political and economic rights, former slaves were not entitled to formal recognition as nationals by other nations. Grenada was encountered by Spain in 1498, however no attempts were made to inhabit it by them because of the warlike nature of the indigenous Kalinago, or Carib, people living there. A colonization attempt was made by British merchants in 1609, but failed because of altercations with the native population. In 1626, the Compagnie de Saint-Christophe was chartered by Louis XIII of France’s chief minister, Cardinal Richelieu to colonize the Lesser Antilles. In 1627 a royal patent was issued by Charles I of England to James Hay, 1st Earl of Carlisle granting rights over the islands situated between 10° and 20° north latitude, creating a competing claim for Grenada.
Applicants For Maltese Citizenship Will Start Stating Their Tax Residency In Order To Obtain A Passport
Property buyers will get a permanent home address and also qualify for permanent residency card in Grenada along with Citizenship certificate and Grenadian passport. Applicants opting for the approved project route must invest at least USD 220,000. They must keep the real estate for at least three years following the grant of citizenship. Currently, the vast majority of approved project consists of real estate developments on the island of Grenada.
Searching for real estate approved for the by Investment Program? Several of our property listings in Grenada are approved projects under the CIP program. Thanks to a straightforward application process you could receive your new Grenadian passport in 3 to 4 months.
Investment Options
At the southern end of the Caribbean, barely 100 miles from Venezuela, the tiny tear-shaped island of Grenada is finally ready for its global real estate close-up. Having long escaped the ravages of mass tourism, Grenada’s sheer under-the-radarness has become one of its most important selling points. There are almost no cookie-cutter resorts, few multinational businesses and—most crucially— for the majority of the pandemic, very little Covid-19 outbreaks. For example, this year, investors have already invested about US$16.98 in real estate, when the figure for the entire last year was almost US$56 million. For the fifth year in a row, Grenada has set records for the number of applications .
In 1911, at the Imperial Conference a decision was made to draft a common nationality code for use across the empire. The uniform law, which went into effect on 1 January 1915, required a married woman to derive her nationality from her spouse, meaning if he was British, she was also, and if he was foreign, so was she. The statute reiterated common law provisions for natural-born persons born within the realm on or after the effective date. By using the word person, the statute nullified legitimacy requirements for jus soli nationals. For those born abroad on or after the effective date, legitimacy was still required, and could only be derived by a child from a British father , who was natural-born or naturalised.
Yes, Grenada is the only country in the Caribbean whose citizens have access to work and reside in the US, as an investor under the United States’ exclusive E-2 Visa programme. Visa-free travel to 140+ countries with dual citizenship, while no physical stay required. law firm turkey Visa-free travel to 122+ countries with dual citizenship, no physical stay required. Visa-free travel to 130 countries with dual citizenship, no physical stay required. Visa-free travel to 140+ countries with dual citizenship, no physical stay required.
Without visiting or staying in Grenada, one can obtain ownership of citizenship after investing in the country for five years. Interestingly, that asset can be sold off to another interested party who wants to obtain the VISA after 5 years with the original party. In this scenario, the first party maintains their citizenship in perpetuity. VISA free travel to several other countries a few being Europe, Singapore, Russia, etc. Two recommendations from business partners for the head of the family.
There are a number of advantages to obtaining economic citizenship in Grenada. Anyone that is considered a possible security risk, involved in unsavory activity that could bring disrepute to the country, or the subject of a criminal investigation will not be approved for citizenship in Grenada. One of the best parts about the island is that it is located on the southern extreme of the hurricane belt, which means it escapes most of the seasonal weather that causes gray skies, colder temperatures, and hurricanes. In fact, Grenada has only suffered three hurricanes in the last 50 years, which has contributed to its reputation as an ideal place to visit or reside.
Grenada’s coastline is accented by idyllic white and golden sand beaches dotted with palm trees, and the delicate aroma of the island’s spices. Grenada offers gorgeous scenery and an authentic Caribbean lifestyle with a rich culture, plenty of fun, and a friendly environment. Real estate has no residency requirements but must be held and maintained for three years.
Grenada Passport: Visa Free Countries
The Commonwealth of Dominica’s second passport is located in the Caribbean and has an economic citizenship program established in 1991. The second passport program gives citizenship turkish citizenship options available through a real estate purchase or a cash donation. Please note that real estate option comes with permanent residence card + citizenship + passport.
The highly valued Grenada passport allows holders to fly visa-free to several countries, including the Schengen region of Europe for 90 days in 180 days, Russia for 90 days, and China for 30 days. Grenadians can also apply for an E-2 Investor visa to live in the United States, as Grenada has signed an E-2 treaty with the United States. Grenada has no capital gains or dividends taxes, but it does have an Annual Stamp Tax of 0.5 percent for receipts under $111,000 and 0.75 percent for receipts above that amount.
Once your application is successful, you complete your real estate purchase and receive a certificate of registration attesting to your new citizenship so you can apply for your Grenadian passport. If you choose the real estate investment option this entire process can take as little as 60 days. So long as you hold your investment for a minimum of three years thereafter, your citizenship can never be revoked. In some case additional documents may be required, such as a recommendation letter. The processing time of your registration in this citizenship by investment program varies from 3-4 months, at the end of the process you will receive the citizenship and passport of Grenada.
The Government of Grenada does not require applicants to renounce their existing citizenship to acquire Grenada citizenship, neither does it publish the names of its newly naturalised citizens. From submission of the application to an approval in principle, applicants are generally expected to wait three months. Once you have chosen an investment option your ITA will create and submit the file on your behalf to the CBIC. This allows an investor to add the maximum amount of family members to the same file for the same investment. Has not been refused a visa to a country with which Grenada has visa-free travel unless he or she has received a visa to the country that granted the refusal after the denial. The amount of the donation is determined by the number of dependents listed on the principal applicant’s application.
The main CBI program options include a non-refundable contribution or government-approved real estate investment. As we know it now, Grenada passport scheme was launched in 2013, one of the last in the Caribbean. To apply for a second passport of this island state, you will need more money than in other similar jurisdictions. However, neither its young age nor a relatively high investment threshold could scare foreign investors away from applying for this citizenship program. For many years, Grenada has been one of the leaders in attracting foreign investments into national economy.