If you are looking for second citizenship that comes with a host of benefits, you should consider Grenada. As a Grenada citizen, you’ll enjoy visa-free travel to over 145 countries, including the UK, the EU, and the entire Schengen area. You’ll also have the right to live and work in Grenada, enjoy low taxes, and have a stable political environment. And, if you’re interested in investing in Grenada, citizenship-by-investment provides an excellent opportunity to do so.
Ahead, we will explore some of the reasons why you should consider Grenada citizenship by investment.
Why is Grenada an attractive destination for citizenship?
Grenada is a popular destination for citizenship by investment programs. Located in the Caribbean, Grenada offers its citizens a number of benefits, including a low cost of living, beautiful weather, and a relaxed lifestyle. In addition, Grenada’s citizenship by investment program is one of the most affordable in the world. For a relatively small investment, you can become a Grenadian citizen and enjoy all the benefits that come with it.
What are the benefits of Grenadian citizenship?
Grenadian citizenship comes with a number of benefits. As a Grenadian citizen, you will have the right to live and work in Grenada without the need for a visa. You will also be able to travel freely to other countries in the Caribbean and enjoy the many benefits of the Grenadian passport that have visa-free access to over 145 countries. Additionally, Grenadian citizens are eligible for a number of government benefits, including free education and healthcare.
The Grenada citizenship-by-investment process
The Grenada citizenship-by-investment process is designed to be simple and efficient, providing applicants with a fast and straightforward path to citizenship. To apply for citizenship, applicants must first make a financial contribution to the Grenada National Transformation Fund. The Fund supports Grenada’s economic and social development, and contributions are used to finance priority projects such as infrastructure, education, and healthcare.
However, one thing to have in mind is that the donation to the Grenada National Transformation Fund is none refundable, which is why many investors prefer the real estate route under the Grenada CBI program. For the real estate program, the investment is recoverable but requires a minimum of $220,000 in government-approved real estate.
However, after making the contribution, applicants must submit various supporting documents, including proof of identity, proof of residence, and a police clearance certificate. Once the application is complete, it will be reviewed by the Grenada Citizenship by Investment Board and successful applicants get to be granted Grenadian citizenship and a Grenadian passport. The passport provides visa-free travel to over 150 countries.
How to apply for your second passport and dual citizenship
At CTrust Global, we have more than a decade of experience in the Citizenship-by-Investment Industry. As an authorized agent for the Caribbean CBI, we specialize in helping investors, retirees, and families to acquire their second passport and dual citizenship in the fastest and most affordable way possible.
We provide a full consultation once you declare your interest and also ensure the documentation process is seamless and error-free. For countries such as Dominica, Grenada, Saint Lucia, Saint Kitts and Nevis, as well as Antiqua and Barbuda, it takes just 3 to 4 months to get your new citizenship identity.
To get started, call us or fill out the form on our website to book a free consultation.