Obtain a US E-2 visa with Grenada citizenship by investment

About the US E-2 visa

One of the most important advantages of second citizenship from Grenada is obtaining a US E-2 visa, which gives investors the right to arrive and work in America after establishing a company or investing in America. However, if you have a second citizenship through investment from Grenada, you will automatically obtain this.

After obtaining a second Grenada citizenship, applicants for this visa must either expand an existing enterprise or create a new business venture, provided that this is legally compliant with the provisions of the relevant departments. Some of these options:

✓ Partnership project

✓ Commodity production company

✓ Companies and emerging projects

✓ Investing in real estate

Noteworthy points in US E-2 visa with a second citizenship

➤ The visa processing time is 60 days

➤ The minimum investment is $50,000

➤ Holders of this visa are not required to remain in America

➤ As long as the companies exist, investors can stay in America as long as they want

➤ The investor’s family can attend American schools and universities

➤ Investors can retire in America with the help of the aforementioned visa

➤ The visa is valid for 5 years, extendable for 2 years

➤ Investors can leave and enter America as long as they wish, as long as the visa is valid

➤ Possibility of obtaining a green card and US citizenship in the future

Some benefits of Grenada’s second citizenship

▣ Possibility to travel to more than 150 countries and regions without a visa. Your entry is not limited to America, but to the most powerful economies in the world represented by the United Kingdom, China, Canada and all Schengen countries without a visa.

▣ Grenada has one of the most prestigious medical universities in the world, called George’s University, where 94% of its students are American citizens.

▣ An ideal country for retirement thanks to its safety and beauty.

▣ An alternative plan for investors in cases of political and economic instability.

▣ You only need to visit Grenada once to obtain and maintain your citizenship, and you do not need to know the country’s language or history.

▣ A country where there is no tax on gifts, wealth, income and inheritance. In addition, Grenada does not impose taxes on companies outside its country. As for foreign companies, you can obtain an exemption for them for a period of 20 years if the income is local or international.

▣ Citizenship information is not shared with your country of origin, and there is no need to revoke your first citizenship, it is legal and known.

▣ In addition to mentioning the countries that you can enter with a second citizenship from Grenada, Grenada is also an ideal choice for those who want to trade with Asian countries because a Grenada passport qualifies you to enter the largest Asian economies without a visa, led by China, Hong Kong, Singapore and South Korea.

How to create a company in Grenada with second citizenship

In a maximum of 2 weeks and $14, you can start a company in Grenada remotely. But you must appoint with an official office for that. The steps are as follows:

1- Choose a name and register it

2- Business registration, incorporation information and shares

3- Tax registration

4- Social Security registration

Latest updates about Grenada’s second citizenship 2024

1. List of banned countries

Grenada has updated the nationalities prohibited from applying for second citizenship, and issued a statement that these updates will be effective from April 2024.

Among the banned countries are Sudan, Belarus, Russia, Iran, North Korea, Yemen and Afghanistan. However, if the citizens of these countries moved from the mentioned countries before the age of majority and resided for at least 10 years in countries such as the United States, the United Kingdom, the Kingdom of Saudi Arabia, the United Arab Emirates, and others, and at the same time if they do not have any economic ties with their countries of origin, they will be able to apply. However, administrative amounts will be higher compared to other nationalities due to enhanced due diligence processes.

2. Change the Grenada Second Citizenship Program Office name

In mid-March 2024, the Prime Minister of Grenada, Mr. Michel, announced the change of name of the Grenada Citizenship by Investment Program to “Grenada Investment Migration Agency” in a special ceremony.

3. New privileges for US E-2 visa with second citizenship

Grenada has been officially recognized as one of the selected countries whose citizens are exempt from the 6-month passport validity rule. This move allows Grenada passport holders to travel to America without obtaining a valid passport for an additional 6 months after the end of their intended stay.

This step reflected the value of Grenada’s distinguished relationship with America and strengthened its position in global passport and citizenship by investment programs around the world.

Want more information about the Caribbean Second Citizenship Program? Information about arriving America or the US work visa program? Let us provide you a free consultation from one of our experts in the field of citizenship by investment.