Grenada, also known as the spice islands, is made up of the main island of Grenada itself, two smaller islands, Carriacou and Petite Martinique, and several small islands.
Grenada has declared it’s independence in 1974. As a new comer to the citizenship by investment(RBI) program, the Grenada Citizenship by Investment Program has been restructured and was re-launched in 2013.
With tourism being one of its major economy contributor, Grenada is well placed to attract more tourists with its beautiful beaches, waterfalls, diving and their national parks.
Applicants must buy and keep their main residential home for 5 years. They may be able to rent out their property.
There are no education, work or language requirements.
Approval for Grenada Citizenship will take about only 4 months.
There are no stay requirements.
Applicant may include their spouse, dependent children under the age of 30. May also include their parents and parents in law.
There are no worldwide tax or capital gain tax.
Together with St Kitts, Grenada offers best value for a citizenship in the Americas and it is relative easy to meet the requirements. Applicants should be of good character and in good health.
Besides being a tax haven, Grenada government has been supportive and proactive to attract foreign investment not only in the financial sector but in the technology sector as well. Grenada’s economy has been given a boost by a huge amount of Chinese investments in the country. Grenada does have tax treaties with 13 countries. However, Grenada is well known for its corporate privacy.
Do get in touch with us if you feel that Grenada might be the country you like to have your 2nd citizenship with. We can provide you with more information or arrange a call with our Grenada partner for a short chat to find out more!
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