Application Steps And Timeline
With these documents on hand, the authorized agent submits a request for passport. Citizenship Programme offers two investment options for investors and their families to secure a Grenadian passport. Investors can make a donation to the National Transformation Fund or invest in government approved real estate developments. Grenada allows individuals to hold dual citizenship, and citizenship may be extended to family members.
Grenada’s passport has visa-free access to 144 countries The passport allows you visa-free travel to 144 countries, including Russia and China. Besides that, everything else are common requirements that most other countries which offer this program require, such as police certificate, proof of legal source of your funds and medical checks for the investor and their family. The investment or business vehicle allowed by the E-2 visa is very flexible. Many investors will set up a new business, purchase an existing business or opt for a more turn-key style franchise.
Malta Permanent Residence Programme Mprp: Qualifying Criteria
By offering a buyback of its shares at the initial purchase price, Ora Caribbean removes the hassles inherent in the reselling process and provides a solace that’s incomparable. Stylish and relaxed, romantic and fun, this boutique beach resort is well known among Caribbean travel connoisseurs. Mount Cinnamon’s luxury villas and hacienda suites are set within acres of colourful tropical gardens, in close proximity to the main clubhouse. All have spectacular uninterrupted views over the turquoise waters of the Caribbean Sea and powder white sands of renowned beach, Grand Anse. Savvy’s Restaurant & Bar, set in exotic tropical landscape, has stunning views of the Caribbean Sea and the dramatic mountainous shoreline as well as a delightful poolside setting.
Additionally, the investment must equal at least 50% ownership in the business. If successful, the applicant can live and work in the US based on their investment. The alternate path to Grenada citizenship is making a minimum nonrefundable $150,000 contribution into the Grenada National Transformation Fund . This option was created by the government in order to provide funding for important economic segments of the island’s economy including tourism, agriculture and alternative energy.
Alternatively, you can invest in the EB-5 Regional Center program separately to your E-2 business. This removes the challenge of ensuring your business is consistently compliant with the EB-5 rules. While the Regional Center works to ensure compliance, you and your attorney should still be conducting due diligence on the Regional Center’s investment project to identify any risks to your Green Card and investment.
However, Jordan’s citizenship by investment program is by far the worst in the world today. Its passport offers visa-free access to just 50 countries – excluding all the major developed nations. In each case, there will be additional costs, including paying a commission to a local agent that will submit your citizenship application to the government, as well as covering due diligence and processing fees. And since it’s possible to generate rental income, we also reviewed each country’s real estate investment option and, again, divided this cost by the number of visa-free countries its passport allows.
You only need to hold out your investment for the first three years before you can get your ROI. Complete all required forms for the Grenada Citizenship by Investment Program in the English language and gather together all required supporting documents with the guidance and support of an authorized Agent. We can introduce you to a qualified and authorized Agent with experience of handling citizenship applications. Grenada recognizes dual citizenship so there is no requirement under Grenadian law for applicants to give up their current citizenship. A selection of alternative residency and citizenship investment programmes to consider.
Spouses can accompany the primary applicant and can also apply for a US work permit with considerably more flexibility than other work visas like the H-1B visa. Dependent children under the age of 21 can also join their parents in America. Citizens of Grenada can travel without visa restrictions to 127 countries, including the United Kingdom, the European Union, and important business hubs such as Singapore and Hong Kong. Grenada re-introduced its Citizenship Turkish work permit by Investment program in 2013 and has developed a premiere, credible and reputable program that protects the value of Grenadian citizenship worldwide. This beautiful island has become a preferred option for discerning clients looking for a valued citizenship that allows world travel flexibility and a safe haven for investments. Processing, due diligence, and government fees are additional, and excluded from the cited investment amounts above.
Benefits Of Acquiring Grenada Citizenship
In order to get Grenada Passport, an applicant has the option to either invest in real estate or to invest in the National Transformation Fund. Chinese citizens are not eligible for the E-2 visa, but by holding Australian citizenship, she was eligible. This means the client was able to apply for an E-2 visa to pursue her entrepreneurial dreams in the United States.
The Dominica Passport also gives you global mobility options with access to over 140 visa-free and visa on arrival countries. Like Grenada, full families are eligible to apply for citizenship including spouses, children, parents, grandparents, and siblings. Grenada is the only Caribbean country that offers citizens the option to apply for an E-2 Work Visa with the right to live and operate a business in the U.S.