GRENADA
CITIZENSHIP BY INVESTMENT
The Grenada Citizenship by Investment Program was launched in August 2013. The program of Grenada is the only Caribbean program with visa free access to China and the option to apply for E-2 US ‘Investor Visa’ to reside in the United States. Grenada citizenship applicants obtain an irrevocable citizenship and passport without having to reside in the country or renounce their current nationality.
Grenada is an island country of the West Indies; it is a cluster of islands consisting of the main island (Grenada) as well as six smaller islands in the southeastern Caribbean Sea. Grenada gained indepèndence in 1974 without breaking formal ties with the Commonwealth.
It is famously known as the “Isle of Spice” for its spice trading business and it is beautifully known for its breathtaking natural beauty and idyllic beaches.
Grenada’s second passport and citizenship program is a well-established and very trusted Citizenship by Investment Program. Worldwide investors have invested in this Grenada’s second passport given its many benefits of visa-free travel, preservation of wealth and passport reputation.
BENEFITS
The Grenada’s Citizenship by Investment Program was launched in August 2013, when the Grenadian Parliament passed Act No. 15 of 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”. This law is documented and published and forms part of the laws of Grenada as framed and approved by the national parliament. It stipulates that any person can apply for naturalization and may be eligible for Citizenship on a payment of fees if the Government is satisfied that such person has invested substantially in Grenada. The act allows for investment to be made in either one of two ways, the first is by making a contribution to the National Transformation Fund (NTF), which assists the development of Grenada’s resources, with the aim of benefiting Grenadians or the second one which is through investment in a government-approved real estate project.
DUE DILIGENCE & BACKGROUND CHECKS
Compulsory background checks are payable to the Government who appoints a preferred due diligence agency. These agencies use various international and local sources such as Interpol, World-Check and other Government agencies. These fees are payable upon the submission of the application.
Roots citizenship professional fees, official application forms, certification of citizenship and passport, courier & other disbursements are the only other costs associated. A detailed quotation with no hidden costs is provided for the specific case.
REQUIRED DOCUMENTS
Roots citizenship appoints a Document Collection Specialist for each case. The firm offers a bespoke service that simplifies the application process, requesting from clients the bear minimum. Our job is to simplify the document collection as much as possible and when required we obtain the documents for the client without their involvement. Please note the below list is to be used as a guideline only, after assessing the particular case Citizenship Invest prepares a personalized checklist.
STEPS & PROCEDURES
Worldwide Investments Destinations
VISA FREE TRAVEL
