Grenada - REAL ESTATE

Many businessmen and investors are looking forward to Expand their business activities and increase travel opportunities Available to them without the usual complications and routine proceduresthat usually accompany the visa issuance process and consume a lot of effortand time.

Hence the importance of citizenship by investment programs, which givebusinessmen and investors the opportunity to obtain passports that enable themto move freely and travel to many destinations without the need for a visa.

#Get to know Grenada

- Grenada is a member state ofthe United Nations and the Commonwealth of Nations, and provides its citizenswith social and political security thanks to the stability it enjoys.

- Grenada is located in theCaribbean Sea within the West Indies. It consists of several islands, thelargest of which is Grenada, in addition to two small islands, Carriacou andPetit Martinique. According to statistics, the population of Grenada was112.325people.

- Grenada is considered acharming country, characterized by its friendly and life-loving people. Grenadasociety is proud of its rich heritage and civilization, and holds manycelebrations and carnivals to celebrate that heritage throughout the year,especially in the capital, St. George's.

- Grenada is not devoid oftourist areas and picturesque nature, from its dense green forests to itsgolden beaches. This is what makes it a destination for tourists, who want toexplore the rich diversity of plant and animal environments, or wander alongthe coast, which is lined with buildings of cheerful colors.

- If you want to relax andunwind outside the borders, away from the noise, and enjoy what nature has tooffer, then Grenada is your ideal choice.

#About the GrenadaCitizenship by Investment Program

- Grenada Citizenship andPassport by Investment was launched in 20173102, and won the award for the bestcitizenship by investment program internationally.

- This program grants fullcitizenship rights to investors, high-income individuals and families within 4to 6 months, with no minimum residency requirements.

- Grenada passport holders cantravel without a visa or visa on arrival over641 major destinations.

- Applicants can qualify forcitizenship either by making a non-refundable contribution to the governmentfund or through an approved real estate investment.

#Grenada nationality features

1.    A quick and easy process: citizenship can be obtained within4 to 6months.

2.    Global Mobility: Get visa-free travel to over one hundred and forty-sixcountries around the world.

3.    New business opportunities: Expand your business globally with a Grenadapassport, establish companies in Greece, Switzerland and the United Kingdom,and open exciting horizons and projects around the world.

4.    Lifetime Citizenship: Lifelong citizenship that can be passed on tofuture generations by descent.

5.    Tax incentives: No worldwide income tax.

6.    Easy and few requirements: There is no physical or minimum residencyrequirement during or after the application procedure.

7.    Top-notch healthcare: Get first-class healthcare services and ensure thewell-being of you and your family by receiving exceptional medical care inSaint Lucia, Europe and beyond.

8.    Best education system: Unlock exceptional educational opportunities as acitizen of the Commonwealth, broaden your knowledge and open doors to aworld-class education by studying at renowned institutions in the UK.

#Grenada Citizenshipby Investment Requirements

In order to qualify for this program, applicants must meet severalconditions related to their personal and financial background, namely:

1.    The main applicant must be at least 2 years old18 years.

2.    Applicants must pass the security investigation stage and not have acriminal record.

3.    The applicant must make the appropriate investment.

4.    In the event of making a real estate investment, the applicant must keepthis property under his name for five years.

5.    Dependents can be included in the application, children aged between17and 30 years old as dependents provided that they are students and fullydependent on the main applicant. Unmarried brothers/sisters can be addedregardless of age.

6.    The applicant can include the above dependent parents55 years old.

#The cost ofobtaining Grenada citizenship

There are two options for eligible contribution to the Citizenship byInvestment Program:

1.    Non-refundable taborak system: where the donated amount ranges from051thousand to 520 thousand US dollars.

2.    Real estate investment system: where the minimum real estate investmentis002 thousand US dollars.

#Steps to obtainGrenada citizenship

1.     Preparing the application and collecting the required documents.

2.    Submit application and file to the Government of Grenada.

3.     Receipt of approval by the Government of Grenada.

4.     Transferring the investment amount (either a financial contribution or a real estate investment).

5.     Receiving citizenship certificates and passports.