At the southern end of the Caribbean lies Grenada. With an idyllic climate and picturesque waterfront, Grenada is an ideal tourist destination and an attractive jurisdiction for many investors. Grenada’s citizenship by investment program, which was introduced in 2013, grants citizenship in less than 4 months to eligible investors.
Grenadian Citizenship By Investment Options – Range Developments is the only choice
One of the most popular routes to obtain Grenadian citizenship is through an investment into a government-approved project and buy a share in a 5-star resort.
The investment threshold is USD 220,000 in addition to which there are government fees of USD 50,000 for the main applicant and up to three dependents. The cost to include any additional dependents will be USD 25,000. You are required to hold the investment for a minimum of five years before you are permitted to sell it to another individual who may also apply for second citizenship for Grenada, whilst you and your family retain your citizenship in perpetuity.
Range Developments is the clear market-leading developer in the Caribbean and presents the only credible option. Range Developments has assisted over 4,000 individuals with their second citizenship applications and in the past decade is the only developer that has completed projects and delivered on its promises in this sector. Range Developments opened the world-renowned Park Hyatt St Kitts in 2017 (to reviews of best hotel in the Caribbean from CNN) and the Kempinski Dominica in 2019 (also named, the best hotel in the Caribbean in the Caribbean). Range Developments is currently developing the Six Senses Grenada. Construction is underway and scheduled completion is the end of 2022.
Key benefits of Grenadian citizenship.
- Freedom of movement: Having a second passport from Grenada allows you to travel visa-free to over 140 countries. These include the UK, EU Schengen countries, Russia, China and many others
- Access to US residency: A major draw is that Grenada offers access to the USA E2 treaty investor visa for its citizens providing an investor and his family the ability to invest and reside in the USA. The E2 visa is so coveted because it provides incredible opportunities and benefits to the investor, their spouse and dependent children under 21. Under the E2 visa spouses can work anywhere in the United States, and children under 21 have access to attend the top schools in the country at reduced rates (same as US citizens). Moreover, if an investor is not present in the USA for a 122 days in a calendar year, they are not taxed on their worldwide income.
- Grenada is a tax-efficient jurisdiction.
- Family benefits: When looking for a plan B, the family is a major consideration. With the Grenada programme, children and dependents up to 30 years of age can be included as well as dependent parents of any age. Single siblings with no children may also be included.
So If you are seeking to increase your global mobility and worldwide opportunities, getting a second passport is a great option. The Grenada Citizenship by Investment Programme is designed to offer investors and their families superior privileges unlike any other programme in the Caribbean or elsewhere in the world for that matter.
Your investment through Range Developments provides peace of mind and security for a lifetime, and is backed by over a decade of expertise.
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