Many of our clients are motivated to apply for the Grenada Citizenship by Investment Program because of it provides access to the E-2 Treaty Investor Visa. But that is only part of the picture. There are many benefits to Grenadian citizenship in its own right. This includes no residency requirements, no tax on worldwide income, as well as citizenship of a politically and economically stable country.
In addition to all this, Grenada offers a strong passport, which offers visa free access to a wide range of countries. This includes the UK, the EU Schengen Zone, Hong Kong and Singapore. Grenada is also one of few countries that has visa-free access to the People’s Republic of China.
With shifting geopolitics starting to have an impact on visa requirements, we have found that some clients are taking a fresh look at Grenada. Take the example of one client, an American businessman who spends lots of time in Beijing. He has been motivated to apply for Grenadian Citizenship because he envisages times when it may be difficult for Americans to obtain Chinese visas.
Grenada offers one of the most cost effective citizenship by investment programs in the world. Investment requirements start from $150,000 with real estate investment and public donations available.
Grenada is an E-2 Treaty Country with the United States. The E-2 Treaty allows a person to bring their family to the US for the purposes of investing in and operating a business. Many countries are not eligible for the E-2 Visa so it is necessary to first become a citizen of an E-2 Treaty country like Grenada. Find out if your country has an E-2 Treaty with the USA here.
This article is published for clients, friends and other interested visitors for information purposes only. The contents of the article do not constitute legal advice and do not necessarily reflect the opinions of Davies & Associates or any of its attorneys, staff or clients.