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Investing In Grenada – Overall Informations

October 09, 2019
Blog

Citizenship by Investment Program in Grenada has been re-established by the Citizenship by Investment Act, No. 15 of 2013. The law allows a foreign investor to qualify for rapid citizenship as citizens of Grenada in two ways: real estate investment or state donation. The foreigner will enter a series of procedures and preparations that require him some important requirments and material costs, to learn more details about obtaining Grenada citizenship by investment just visit us via this link.

Investments options in Grenada:

1- National Transformation Fund Donation

The NTF finances various projects in Grenada for the benefit of its many industries, including tourism, agriculture, and alternative energy. Having made a donation to the NTF, investors are left with a true sense of having contributed to their new nation’s wellbeing.

The Cost:
USD 200,000 for a single applicant
– Application Fee: USD 1,500.
– Due Diligence Fee: USD 5,000.
– Processing Fee: USD 1,500.

USD 200,000 for the main applicant and spouse
– Application Fee: USD 1,500 per person.
– Due Diligence Fee: USD 5,000 per person.
– Processing Fee: USD 1,500 per person.

USD 200,000 for a family of 4 (including main applicant)
– Application Fee: USD 1,500 per person.
– Due Diligence Fee: (Dependent child 0 -16 nil), (Dependent child 17-25 USD
5,000).
– Processing Fee: USD 1,500 per person aged 18 and over, USD 500 for persons under 18.

USD 200,000 + 25,000 per additional dependant after the third dependant. (Family over 4 members)
– Application Fee: USD 1,500 per person.
– Due Diligence Fee: (NO PRICE WAS LISTED).
– Processing Fee: USD 1,500 per person aged 18 and over, USD 500 for persons under 18.

2- Real Estate Investment
USD 350,000 for the main applicant
– Government Fee: USD 50,000.
– Application Fee: USD 1,500.
– Due Diligence Fee: USD 5,000.
– Processing Fee: USD 1,500.

USD 350,000 for the main applicant and spouse
– Government Fee: USD 50,000.
– Application Fee: USD 1,500 per person.
– Due Diligence Fee: USD 5,000 per person.
– Processing Fee: USD 1,500 per person.

USD 350,000 for a family of 4 (including the main applicant)
– Government Fee: USD 50,000.
– Application Fee: USD 1,500 per person.
– Due Diligence Fee: (Dependent child 0 -16 nil), (Dependent child 17-25 USD 5,000).
– Processing Fee: USD 1,500 per person aged 18 and over, USD 500 for persons under 18.

USD 350,000 for a family of over 4 members
– Government Fee: USD 50,000 and USD 25,000 per additional dependant after the third dependant.
– Application Fee: USD 1,500 per person.
– Due Diligence Fee (NO PRICE WAS LISTED).
– Processing Fee: USD 1,500 per person aged 18 and over, USD 500 for persons under 18.

Benefits of Being a Citizen of Grenada:

1- This is the fastest citizenship by investment program in the Caribbean. There is no requirement to visit Grenada in order to qualify for citizenship.
2- The program is less expensive in comparison with other Caribbean programs.
3- Citizenship of Grenada is available for investor and his close family members.
4- The real estate should produce a modest annual income, and may be enjoyed by the investor along with friends and family, and will maintain or enhance its market value.
5- Visa-free travel to many countries of the world, including Schengen Area (EU), United Kingdom, Ireland, China, and Singapore.
6- Facilitated business immigration to the US (through E2 visa which is available for restricted list of countries including Grenada).
7- Grenada has no income, wealth or inheritance taxes.
8- Dual citizenship is allowed.

Karibi is your trusted citizenship by investment partner that facilitates obtining of second citizenship by investing in all Caribbean countries. For more information please contact us at:

WhatsApp: +971 58 500 8888
Phone: +971 (0) 4-568-7777
Email: info@karibi.com

 

Source: second-citizenship

 

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