Benefits of Grenada Passport by Investment

Investors can avail the benefits of Grenada passport after investing in Grenada and then gain access to the UK, USA, China, Canada and Schengen.

Grenada Citizenship by Investment Program is an opportunity for investors and their family members to obtain citizenship, permanent residency, work and enjoy equal rights with Grenadian citizens.

Apart from the benefits of Grenada passport, this program is considered legitimate because it has constitutional provisions that explain how to obtain citizenship by investment and the validity of citizenship for life and makes it clear that neither party can revoke citizenship even if the government changes in the future.

About Benefits of Grenada Passport and Citizenship

Benefits of Grenada Passport give individuals global status through the right to live, work and invest in multiple international markets, regardless of whether you are looking for business development, educational opportunities or a luxurious lifestyle, Grenada has you covered.

The Grenada Citizenship by Investment Program was launched under Act No. 15 of 2013, known as the Grenada Citizenship by Investment Act, which states that eligible individuals who meet the stipulated requirements can obtain Grenada citizenship after making a financial investment.

Compared to other citizenship by investment programs around the world, the investment threshold for Grenada citizenship is relatively low, with a $270,000 investment in real estate or a $235,000 contribution to Grenada to receive the benefits of Grenada passport.

After background checks on the investor and their family members, as well as verification of the investment funds used to obtain Grenada citizenship, Grenada citizenship and passport are issued for a period of 6 to 9 months. The passport can be renewed every 10 years without visiting Grenada.

·  Benefits of Grenada Passport in Relation to Freedom of Move

One of the most important benefits of Grenada passport is its strength and entry into other countries without a visa, as the Grenada passport gives you the right to enter more than 148 countries without a visa, and this is a point of research for businessmen in particular and adventurers and families who want freedom of movement in general, as this passport allows you to enter the most important economic destinations without a visa, and among the 148 countries are all Schengen countries, the United Kingdom, Singapore, China, Canada and the Emirates.

· Benefits of Grenada passport in relation to tax management

For business people looking to improve their tax obligations, Grenada may be one of the very few places that does not impose taxes on foreign income, wealth, inheritance and capital gains. The benefits of Grenada passport also extend beyond individuals to companies, as companies can enjoy generous tax incentives and exemption from customs duties on imports. Protecting the privacy of the investor is another benefit of Grenada passport, as the personal details of the beneficial owner are not recorded.

· Benefits of Grenada Passport in Relation to Access to USA

Another benefit of Grenada passport is the ability for investors to access America and establish businesses there, as Grenada has an E-2 investor visa agreement with America, the only Caribbean country to have this agreement with America.

· Benefits of Grenada Passport as an Investment Environment

The benefits of Grenada passport do not stop at freedom of entry, but it is a gateway to real estate investment with the aim of obtaining Grenada citizenship, in addition to the possibility of renting the property and benefiting from its passive income and the possibility of selling it after 5 years of obtaining citizenship and recovering the invested money. Grenada is a member of the Caribbean Community, the Organization of Eastern Caribbean States, and the Commonwealth. These partnerships will give businesses an advantage by offering broader trade facilities and agreements.

In addition to being an attractive investment destination in the tourism, education, health, ICT, energy, and agriculture sectors, Grenada has recently signed several trade agreements with countries around the world, most notably the Economic Partnership Agreement that eliminates tariffs on all Caribbean exports to the European Union. Grenada’s infrastructure, including airports, ports, and public transportation, also helps citizens move freely both internally and externally.

· Benefits of Grenada Passport as Ease of Requirements

Unlike many countries, the Grenada Passport Program does not require you to reside in order to obtain or maintain a passport, does not require you to speak the English language of the country, and does not require you to prove you have a degree or work experience, which is very important for business people who want to obtain a second passport without moving there or making any other difficult commitments. However, you may be required to visit Grenada once for an interview for you and all adult family members.

General Benefits of Grenada Passport

· Benefits of Grenada Passport Regarding Family Members

The benefits of a Grenada passport extend to the applicant’s family members, not just the applicant, as you can add your spouse, children, siblings, and dependent parents, and citizenship can be passed on to future generations. In addition to being a beautiful country and home to the world’s first underwater park, Grenada has a high standard of living, a good healthcare system, and an excellent education system, represented by St. George’s Medical University, which attracts students from all over the world.

· Benefits of Grenada Passport Regarding the Credibility of it

Not only is the Grenada passport program credible, but the political and economic system in Grenada is also stable. Grenada allows dual citizenship, which means you do not have to cancel your first passport when you have a Grenada passport, and your Grenada passport data is not shared with your home country.

Investors looking to take advantage of the benefits of Grenada passport should apply through an authorized agent. Global Citizen Consultants and its experts act as a tool to help investors obtain Grenada citizenship by being an authorized agent. Contact one of our experts today for a free consultation.