Grenada is an island nation in the Caribbean Sea, and it is one of the smallest countries in the region. Grenada has a population of just over 100,000 people, and it has been a member of the Commonwealth since 1974.Grenada is known to be a tax haven with no income taxes or capital gains taxes. It also offers citizenship to foreigners who meet certain requirements. There are three ways that you can become a citizen: by investment, by descent (you must have at least one Grenadian parent) or by naturalization (you must live in Grenada for five years).The cost of becoming a citizen starts at $150,000 USD and can go up to $200K depending on your investment type.
The benefits of Grenada citizenship
This citizenship can be used for many purposes such as:- Traveling without visa restrictions- Living and working in Grenada- Owning property- Investing in Grenada
How to get Grenadian citizenship
Grenada Citizenship by Investment ProgramThe Grenada Citizenship by Investment Program requires applicants to either make a significant economic contribution to the country or to acquire a government-approved qualifying asset. In exchange, and subject to a stringent vetting and due diligence process, including thorough background checks, the applicants and their families will be granted citizenship Grenada’s Citizenship by Investment programme is open to all nationalities except Iranian applicants. Children and dependents up to age 30 can be included (subject to restrictions) along with dependent parents over age 55 (if fully supported). There is no tax on worldwide income and processing of the application takes around 4 months. Government, Professional and Due Diligence fees apply (Obtain Full Quote) The Grenada citizenship programme was put into force after the Grenadian Parliament passed the Grenada Citizenship by Investment Act. From its foundation to June 2017, over 1,300 citizenships have been granted through 495 different applications. Obtaining citizenship in Grenada will grant visa free travel to 131 countries which include the European Schengen area for both the applicant and any family members.
10 Pro Consulting is the leading immigration consultant with experience in Grenada second passport program. We offer a full range of services to help you successfully obtain citizenship through investment. You can learn more about our services and the Grenada second passport program on our website, or by contacting us today. We would be happy to answer any questions you may have.