Grenada's Citizenship by Investment (CBI) program is designed to attract foreign investment in exchange for granting citizenship. This program offers significant benefits, including visa-free travel to over 146 countries, and eligibility for the U.S. E-2 visa, making it an attractive option for global mobility and investment opportunities.
Investment Options
1. Donation to the National Transformation Fund (NTF)
- Single Applicant: Requires a minimum donation of $150,000.
- Family of Four: Requires a minimum donation of $200,000, which includes the main applicant, spouse, and two dependents. Each additional dependent incurs an extra fee.
2. Real Estate Investment
- Single Applicant or Family: Requires a minimum investment of $220,000 in a government-approved real estate project. This option not only grants citizenship but also offers potential returns on investment.
Processing Time
- The average processing time for obtaining citizenship through Grenada's CBI program is 5-7 months.
Benefits
- Visa-free or Visa-on-arrival Access: Grenadian passport holders can travel to over 146 countries, including the UK, Schengen Area, China, Russia, and many others.
- U.S. E-2 Visa Eligibility: Grenadian citizens can apply for a U.S. E-2 visa, which allows them to live and work in the United States.
- No Tax on Worldwide Income: Grenada does not impose taxes on worldwide income, capital gains, wealth, or inheritance, offering significant financial benefits.
- Family Inclusion: The program allows for the inclusion of dependents, including children up to 30 years old and parents or grandparents over 55 years old.
Eligibility and Restrictions
- Nationality Restrictions: Applicants from certain countries (e.g., Iran, North Korea) may face restrictions or additional scrutiny. It is essential to consult with GH Legal s.r.o. and A Land for detailed eligibility criteria based on nationality.
- Due Diligence: All applicants must pass a thorough due diligence process, ensuring that funds are legally obtained and there are no criminal records. The due diligence fees are typically $5,000 for the main applicant and $4,000 for dependents over 16 years old.
Detailed Step-by-Step Process
- Initial Consultation and Eligibility Assessment
- Evaluate the client's eligibility for the Grenada CBI program.
- Provide detailed information on investment options and requirements.
- Document Preparation and Submission
- Collection of Documents: Gather necessary documents, including passport copies, birth certificates, proof of address, and financial statements.
- Medical Examination: Undergo a medical examination to provide a health certificate.
- Police Clearance: Obtain police clearance certificates from countries where the applicant has lived for more than six months.
- Proof of Investment Funds: Provide documentation proving the source and legality of investment funds.
- Application Submission: Prepare and submit the citizenship application along with all required documents to the Grenadian authorities.
- Due Diligence and Compliance
- Background Checks: Conduct thorough due diligence checks to ensure compliance with Grenadian laws.
- Government Review: The Grenadian government reviews the application, performs background checks, and verifies the legitimacy of funds.
- Investment Execution
- NTF Donation: If opting for the donation route, transfer the required funds to the National Transformation Fund.
- Real Estate Investment: If choosing the real estate option, finalize the purchase of approved property.
- Approval and Issuance of Citizenship
- Application Approval: Once the due diligence process is complete, and the investment is verified, the government approves the citizenship application.
- Oath of Allegiance: The applicant takes an oath of allegiance to Grenada.
- Issuance of Passport: After approval, the new citizen receives their Grenadian passport.
- Post-Citizenship Support
- Passport Assistance: Assist with the issuance of passports and provide guidance on travel benefits.
- Ongoing Legal Advice: Offer ongoing legal advice on maintaining citizenship, tax planning, and other related matters.
Why Choose GH Legal s.r.o. and A Land?
- Expertise: Our team has extensive experience in citizenship by investment programs.
- Trust: We prioritize our clients' interests, ensuring transparency and security throughout the process.
- Efficiency: Our streamlined processes ensure timely and successful citizenship applications.
- Comprehensive Support: From initial consultation to post-citizenship services, we provide full support at every stage.
Additional Services for Specific Nationalities
- Special Consultations: For applicants from countries with additional restrictions, we provide tailored advice and solutions to navigate these challenges effectively.
- Alternative Investment Options: If the primary options do not suit a client's needs, we assist in identifying alternative qualifying investments within Grenada.
Contact GH Legal s.r.o.
Website: www.ghlegal.io
Email: [email protected].
For more information or to start your journey towards Grenadian citizenship through investment, please reach out to us. Our team of legal experts is ready to assist you with all aspects of the application process, ensuring a smooth and secure experience.
