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Grenada, known as the “spice of the Caribbean,” is an island nation in the Caribbean Sea that includes the main island and several smaller outlying islands. Grenada has a way of life that is so pure and genuine that it rejuvenates you.
Grenada Citizenship by Investment Program
In order to draw in foreign direct investment, Grenada established its citizenship-by-investment program in 2013 in accordance with the rules of the Grenada Citizenship by Investment Act. You will have two investing alternatives if you want to be eligible for Grenada citizenship.
The first choice entails giving 200,000 USD in cash to the National Transformation Fund (NTF), which supports the development of Grenada’s resources intending to assist Grenadians.
The following is the needed donation amount:
Solo applicants may submit applications for up to US$150,000; couples may submit applications for up to US$200,000 plus US$25,000 for each additional dependent after the third.
The second choice is making a minimum 220,000 USD investment in a real estate venture that has received government approval. For this option, there is a further minimum non-refundable commitment of USD 50,000.
Advantages of Grenada Citizenship by Investment & Permanent Residency Program
Free Travel: The Grenada investment visa program offers investors a passport, second citizenship in Grenada, and visa-free travel to over 144 nations, including the UK, EU Schengen nations, and China.
Family Oriented: Benefits of the investment program for Grenada citizenship include those for dependent parents over the age of 65 and dependent children under the age of 25.
No Formal Requirements: no managerial experience, education, or interview
USA E2 Visa: Moreover, Grenada provides its nationals with access to the USA E2 Treaty Investor Visa.
Dual Citizenship Is Acceptable.
Financial Benefits: There is no worldwide income tax.
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