The Grenada Citizenship by investment program offers visa-free access to major business hubs across the world, including China, Singapore, Russia, Schengen Zone and the UK. Secondly, Grenada does permit dual citizenship and also does not impose restrictions on any particular nationality. Citizenship hopefuls can either opt to make a non-refundable contribution to the NTF or make an investment in a government-approved real estate project within the country.
Grenada currently has in place an E-2 Investor Visa Treaty with the US, which enables Grenadians to work and reside in the US without any restrictions. Listed are some of the other significant advantages of becoming a Grenada national.
Applicants are not required to be physically present in the country during the time of application.
Dual citizenship is permitted within the country.
Individuals that acquire Grenadian citizenship by investment are not required to live in the country and can remain in their own country of residence.
Grenada does not levy global income tax from non-residents.
No language or interview requirements.
Citizenship rights can be passed on to future generations.
The Grenada citizenship program caters to high-net-worth individuals who wish to travel and do business across the world without any restrictions. A secondary passport can also prove fruitful to those who want to optimize their tax liabilities.
In addition to satisfying the necessary investment criterions, there are some requirements that each applicant must fulfil to gain citizenship from the country.