The local government reinstituted Grenada Citizenship by Investment Program in 2013. Once again opening its doors to those seeking a second citizenship opportunity in the gorgeous Caribbean.
Grenada is a member of the Caribbean Community (CARICOM) and the Organization of Eastern Caribbean States. The country is becoming a top destination for high-net-worth investors seeking a second passport.
Those who wish to enjoy the sights by getting a Grenada citizenship must go through a stringent review and application process, which extends to family members. The Citizenship by Investment Unit (CIU) of Grenada process routine applications within 60 days. And Grenadian passports are issued shortly thereafter.
Grenadian citizenship affords visa-free travel to more than 110 countries. This makes the Grenadian passport ideal for those considering business immigration.
Furthermore, holders of a Grenadian passport may enroll in the United States’ E-2 visa program. So that allowing investors could reside and launch businesses in the US. Those with a Grenadian passport remain US residents as long as they renew their visas. And also investors must continue to meet the program qualifications.
According to the rules, an application for citizenship of Grenada by investment can only be submitted through a licensed agent. Such as Apex Capital Partners. You can request APEX and get a full cost estimate. Аnd then apply for citizenship of Grenada and of course, get a Grenada passport or reissue it after expiration.
Citizenship by Investment of Grenada. Apex Capital Partners services
APEX will provide professional legal support and prepare all necessary documents following all stages step-by-step until investor obtains the citizenship of Grenada.
BENEFITS OF GRENADA PASSPORT
— In the first place, visa-free visits to Hong Kong, Singapore, and Russia.
— Together, with investor may apply children under 30 years of age and dependent parents or grandparents above 55 years. As well as siblings at least 18 and single
— Ease of registration for participation in the program. No interview is required, and there are no requirements for residence.
– Equally, important that travel to Grenada during the application process is not required
– No physical residency requirements
– No income, wealth, or inheritance taxes
REQUIREMENTS FOR GRENADA CITIZENSHIP
— Applicants must undergo a medical check
— Applicants must undergo an interview (remotely). More info>>
— Applicants must undergo a security screening
— Proof of the source of invested funds
Apex Capital Partners is the official licensed agent of the state of Grenada for working with citizenship programs for investors.
OPTION 1.
USD 200,000 for a family of 4. USD 25,000 for each additional dependent
OPTION 2.
Real estate investment of USD 220,000(approved projects)
Government fee for up to 3 dependents USD 50,000, for each additional dependent USD 25,000
Those who are looking for fresh business endeavors or a career upon arriving in Grenada will find a lot of room for growth. You can start a business in agriculture, tourism, construction, medical education and financial services.
Furthermore, tourism is the main driving force behind the flourishing economy of country. Grenada has one of the most gorgeous hillside beaches.
Incidentally, not much preparation is needed to get used to the Grenada financial system, as the national currency, the Eastern Caribbean Dollar, is pegged to the U.S. dollar.
The population of Grenada is generally considered highly educated, ranking high in both literacy and pupil-to-teacher ratio (less students per teacher). Compulsory age for schooling starts at 5 and ends at 14 years old, but many stick around far past that point.
In fact, higher education includes the T A Marryshow Community College. Here students can start out their university years in 2 and 3-year programs for nursing, pharmacy and General Certificate of Education (GCE).
Moreover, the incredibly beautiful ocean-side St. George’s University offers full bachelors programs in arts, veterinary science, general sciences and medicine.
Grenada’s housing market has been growing steadily since 2015 following over 7 years of stagnation as result of the economic collapse. Foreigners are also gaining Grenada citizenship to come to the country for investment opportunities in home buying.
In Grenada, rent and increases can be freely negotiated between landlords and tenants. But rent pricing is largely influenced by season.
Serious real estate investors may consider forgoing a Grenada passport because rental yields are quite low at 4.3%. However, buying a home can be quite reasonable at an average of $250,000.
Grenada proudly maintains one of the best healthcare care in the Caribbean, providing high-quality primary care to those with Grenada citizenship nearly free-of-charge.
However, as is the case in many small island countries, complicated procedures may need to be taken overseas to larger university hospitals.
IMPORTANT NEWS
Grenada Citizens Eligible for Canada Simplified Visa
(CAD+) On June 7, 2023, it became known that citizens of Dominica can now use the simplified visa regime (CAD +) to visit Canada. This was officially announced by the Canada’s High Commissioner, Lilian Chatterjee.
Please note that such concessions apply only to those citizens of Grenada who have visited Canada at least once in the last 10 years (on legal grounds) or have a valid non-immigrant visa to the United States at the time of application. In addition to citizens of Grenada, citizens of Dominica received this privilege. So, subject to the above conditions, citizens of Grenada, including holders of investment passports, can apply for a Canadian visa online. The remaining categories of citizens are still required to receive regular visas. Mind that only passengers arriving in Canada by air can use the eTA eVisa.
This rule does not apply to other types of transport (border points). The simplification of the visa regime between Canada and the Caribbean countries means a new stage in relations between the countries.
STEP-BY-STEP
the process of obtaining second citizenship of Grenada
–1–
In the first place, book a free consultation from APEX. You may request total calculation of costs for obtaining citizenship of Grenada by providing a list of family members you want to include on your application. For more information, please contact info@apexcap.org or atannous@apexcap.org.
–2–
Further, APEX will conduct a special pre-check procedure. This step will allow you to see at the initial stage what the chances are of successfully obtaining a Grenada citizenship.
–3–
After that, sign an agreement with APEX.
–4–
At this stage, a payment for services is made and the required government fees are paid, including due diligence and application fees.
–5–
APEX prepares documents and provides full support to the investor and then the application will be submitted to the Citizenship by Investment Unit (CIU) of Grenada.
–6–
APEX then monitors the status of the application, until the final decision is issued by the authorities. This document confirms citizenship and is called a “Certificate of Naturalization”. He is the basis for issuing a passport of Grenada. At the final stage, the investor pays APEX the second half of the cost of services.
–7–
To conclude with, the passport of Grenada will be sent to the address indicated by the investor or at one of the APEX’s offices. Upon expiration of the document, the passport is also reissued remotely. The investor will be able to apply to APEX for assistance in reissuing a passport.
Silversands hotel & villas — investment in the Grenada Citizenship
Since 2018, the Silversands Origin resort (Grand Anse Beach) has been operating in Grenada under the management of Leading Hotels of the World (WLH). In addition to the original design for such resorts, the hotel became famous for its infrastructure. Iincluding unique 100-meter pool, the largest in the Caribbean.
Six Senses La Sagesse — investment in the Grenada Citizenship
Luxury hotel with 100 rooms is under construction. During construction, an investor can live 7 days a year in premium hotels already built by this developer on neighboring islands. More info>>
EUROPEAN CITIZENSHIP BY INVESTMENT
European Citizenship by Investment is becoming increasingly popular across the globe. We will answer the questions where can I get second passport EU and what countries would be interesting for EU citizenship through investment?
CITIZENSHIP BY INVESTMENT IN REAL ESTATE PROJECTS
Apex Capital Partners has experience in the real estate market. This allows you to find reliable developers around the world whose projects allow you to obtain citizenship for real estate.
ABOUT APEX CAPITAL PARTNERS
Apex Capital Partners Corp. is a full-service government mandated advisory firm specializing in second citizenship and investor immigration programs for a multinational clientele.
APEX provides services with end-to-end execution for many HNWI, representing them to Citizenship by investment programs in countries around the world.
- More than 30 YEARS of investment consulting
- More than 3 BILLION USD in investments
- More than 3000 CLIENTS served internationally
News
The Quebec’s Immigrant Investor Program (QIIP) reopens in 2024
Ministry of Immigration, Francisation and Integration (MIFI) claims to reopen Quebec’s Immigrant Investor Program (QIIP) since 1st of January 2023. Nearly five years after its suspension in year 2019. In June 2023, the Quebec government published proposed regulations to revise the program and opened a public consultation period to provide comments on the proposed changes. After this process, the government officially announced the resumption of the program and new criteria.
New Hungarian Residency by Investment program: big plan for year 2024
On November 15, 2023, the Hungarian government presented a draft law that includes a section on issuing an investment residence permit to non-EU citizens. It is obvious that Viktor Orban’s cabinet has decided through its own efforts to attract additional funds into the country, which the local economy so desperately needs after budget shortfall this year. New Hungarian Residency by Investment program aka the Guest Investor Program (GIP) will be implemented not sooner then 1st of September 2024.
Turkish citizenship for the purchase of real estate in 2023
At the end of October 2023, it became known that the authorities increased the minimum investment in real estate to obtain a residence permit in Turkey by 2.5 times to $200,000. But not so long ago, an investor could obtain Turkish citizenship for such an investment. Now you can take part in the passport program by purchasing real estate for an amount of $400,000 or more.
Citizenship of Antigua and Barbuda for investment in luxurious Hodges Bay
In November, travelers are already dreaming about New Year’s holidays, and many would like to spend them in the Caribbean. The high tourist season has already begun here; it will reach its peak in late December-early January. Moreover, a holiday in the Caribbean is almost always a choice of exclusive hotels. One of the most epic new projects in the region is Hodges Bay in Antigua.
What about visa-free entry into the EU for investment passport holders?
On September 18, 2023, the European Commission presented a legislative proposal to cancel visa-free agreements with countries that have citizenship by investment programs. Should investment passport holders be worried that they won’t be able to take advantage of their benefits? Nuri Katz, Founder and President of Apex Capital Partners, comments on the situation.
Lucina Bruno,
Vice-president, Caribbean operations
«A second citizenship enables you to gain more personal. And economic freedom and is an integral part of international asset diversification. A Grenada citizenship will last for generations; you will be able to pass it on to your children and grandchildren.»
