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Be part of a high-class and stirring Citizenship by Investment (CBI) opportunity. Grenada Citizenship by Investment Programme makes it possible for those who invest in Grenada’s economy or government-approved real estate development to gain citizenship and to live or work in this beautiful Caribbean country.
Grenada Citizenship by Investment Programme is an ideal way to enjoy the beautiful island of Grenada, discover new pathways for your business and expand your passport collection. To receive Grenada’s Citizenship by Investment (CBI) advantages, the CBI programme is governed by lawful decorum. Each applying individual, their family and or business partners must be approved individually by the Government of Grenada through a strict due diligence process.
One of the most preferred options available for investors is seeking citizenship by investing in a government-approved project. These projects include hotels, resorts and villas. The minimum investment needed by an individual for real estate is USD 220,000. The property is to be held for at least five years. Established in 2013, the National Transformation fund is a means for altering Grenada’s economy by benefiting industries like tourism, agriculture, and alternative energy. An individual can contribute to the nation’s well-being to be eligible for Grenada’s second passport. The minimum contribution needed for a single applicant is USD 150,000 and USD 200,000 for a family of four.
Few of the benefits to receive with Grenada Citizenship:
To become a citizen of Grenada, one needs to have an outstanding character, no criminal record, be blessed with excellent health and must fulfil one of the investment options.
The programme came into being in August 2013, and the primary objective of this programme was to receive foreign investment into this Caribbean nation. Under this programme, a person can get Grenada Citizenship by making an Investment in Grenada’s economy or real estate development.
One can make two types of investments to gain Grenada citizenship or permanent residence.
– They must make a payment into the National Transformation Fund or
– They must make a payment towards an approved project in Grenada.
The cost and fee of obtaining the Grenada citizenship by investment depends upon the type of method (NTF or Real Estate investment) you opt, plus other factors like current cost at the time of inquiry. Get in touch with our experts to know the latest cost & fee.
Along with the primary applicant, the 2nd citizenship will be granted to children up to 30 years old, the spouse, spouse’s or investor’s parents and grandparents. This also comprises siblings of both spouses who should be over 18 years, unmarried, and without any child.
Investors have the option to choose from a couple of options:
Along with the basic investment, he or she has to pay the administration charges, fees, paperwork services, and due diligence. The whole cost of the programme depends on the age and composition of the members of the family.
Yes, that is very much possible. After five years of holding the government-approved real estate property, you can sell it further. One can also rent it out to earn a passive amount or income that falls between 2%-5% a year.
Some of the basic requirements for an investor are that they should be over 18 years of age and should not have any criminal records against them.
Yes, investors can be deprived of this. If you provide false information about yourself or are convicted in the state for some crime, you will be obligated to give up your citizenship.
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