As for 2018, five Caribbean countries offer a fast-track economic immigration programs allowing overseas investors to obtain citizenship through investment. These are Antigua and Barbuda, St Kitts and Nevis, Saint Lucia, Dominica and Grenada. According to investment immigration expert opinion, Grenada has 3 major benefits compared to other islands:
Visa free access to China: Grenada is the only Caribbean citizenship by investment country that allows its passport holders to access China visa-free.
Access to the US investment based residency program:
What makes Grenada stands out of all the Caribbean citizenship programs offered is that it is the only CBI country in the world that opens foreign investors an access for US E-2 Treaty Investor Visa program. It is an investment based residential program that allows foreign investors to run business in the United States. Investment can be made either in existing business where the applicant will posses a 51% ownership or set up a new venture. Only few selected countries signed a special bilateral cooperation agreement (also called treaty) are allowed for this type of investment based residency visa. Numerous countries including China, Russia, India, South Africa passport holders are not allowed to participate in this type of visa program direct.
The solution is to obtain citizenship in Grenada and apply for the above mentioned US visa program with a newly acquired Grenada passport.
Off the hurricane zone: It is a location in southernmost part of Caribbean islands chains thus making it free from Hurricanes which often destroys other Caribbean islands location in the north of Grenada. This is one of the most important points to consider before investing in real estate.
Visa Free travel to 124+ countries is another major advantage of Grenadian citizenship program which includes countries like UK, Singapore and European Schengen member states.
Travel access to US and Canada: Grenada passport holders are able to apply for a long-term US and Canada visa to enter the countries.
Free to open accounts in European banks: Grenada citizens are free to open and operate bank accounts in reliable European banks.
Tax heaven: Grenada offers favorable tax treatment for its citizens. No or zero tax applies to worldwide income, capital gains or inheritance. Real estate tax is also only 0.5%
Access to higher education in European countries: The citizens of Grenada can opt for higher education in European countries’ institutions.
New Travel Document with no residency required: Those who obtained citizenship in Grenada through investment are not required to live on the island however the newly acquired passport can easily be used as a new travel document that brings numerous benefits to its holder.
Personal data protection: All the investor’s details about obtaining the second passport in Grenada is kept confidential and never disclosed to 3rd parties.
Grande Property team of international experts is pleased to assist with obtaining both Grenada citizenship and applying for E-2 Treaty Investor Visa for those overseas investors who hold the passports of US non-treaty countries.