The local government reinstituted Grenada Citizenship by Investment Program in 2013. And 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, including the United Kingdom. This makes the Grenadian passport ideal for those considering business immigration.
Furthermore, holders of a Grenadian passport are entitled to enroll in the United States’ E-2 visa program. This allowing investors to reside and launch businesses in the US. Those with a Grenadian passport remain US residents as long as they renew their visas. And they also continue to meet the program qualifications.
Grenada citizenship is processed through a licensed agent of the program, such as Apex Capital Partners. You can get a full cost estimate and 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 the citizenship of Grenada is issued.
BENEFITS OF GRENADA PASSPORT
— In the first place, visa-free visits to EU countries, Hong Kong, Singapore, UK
— Further, dependent 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.
– Additionally, 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 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.
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 offic. 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
Citizenship of Egypt by investment – new requirements in 2023
Promising citizenship program restarts in Egypt. On March 7, 2023, the Decree no. 876/2023 of the Prime Minister of Egypt Mostafa Madbouly was published, it will soon be discussed in the Egyptian Parliament. This document introduces a host of changes to the country’s citizenship by investment program (CIP), specifically regarding the program’s investment criteria.
Italy plans to ease the requirements for obtaining La Dolce Visa
If the changes for La Dolce Visa program come into force, then the minimum investment requirements will be halved. Experts believe that voting on amendments to the La Dolce Visa will take place already during 2023.
Nuri Katz on changes of Caribbean citizenship rules in 2023
Nuri Katz, President and Founder of Apex Capital Partners, of the major CIP companies internationally, a licensed agent for CIPs of St. Kitts and Nevis, Dominica, St. Lucia, Antigua and Barbuda, Grenada, who was personally visiting Grenada’s CIP Unit at the moment, comments on the planned changes according to the text of the official release published on March 5, 2023.
Groundbreaking of Grenada National Resort – CIP approved project
The last weekend of February 2023 was marked by the groundbreaking procedure for the National Grenada Resort, authorized under the citizenship by investment program of Grenada. Among the honorary participants of the event were Mr. Yuanfa Li, chairman of Heng Sheng Grenada development ltd., Prime minister of Grenada, Mr. Dickon Mitchell and Mr. Nuri Katz, Owner and founder of Apex Capital Partners.
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.»
