Grenada is literally a stunning Caribbean island, known for its breathtaking nature and highly sought-after passport. Foreigners have a unique chance to apply for a second passport here, and the most popular program is known as Citizenship by Investment, or simply CBI. When owning a Grenada passport, the holder gets many travel chances, opportunities for a better job, and surely some lifestyle benefits. And this works best if your first passport is weaker compared to the Grenada one.
Owning a Grenada passport means you’ve signed up for strong citizenship. Even though the whole program is not affordable at all, many still prefer Grenada citizenship as their second, instead of any other foreign investment program.
And once you invest those $150,000, you get visa-free entry to the whole European Union, the United States, and even China! Does this sound appealing to you?
Stay with us, so you can learn how to land your hands on a Grenada-issued passport and get all the benefits that come with it.
Source: moderndiplomacy.eu
Contents
1. Visa-free travel regime in many countries
One of the main benefits of owning a Grenada passport is the open gate to the whole world. You’re able to travel in over 140 countries worldwide without a visa. We already mentioned the EU and the USA, but you can visit places such as Hong Kong and Singapore with your Grenada documents.
Imagine visiting popular destinations that aren’t reachable to you due to a weak passport. Grenada citizenship opens many travel possibilities, so if it’s important to you, consider researching the options and see how you can apply for a passport.
2. Working in the US
The United States has so many strict rules when it comes to foreigners working there. And also, we know how things change when someone has a stronger passport. Anyway, Grenada is one of the few countries that have a bilateral treaty with the US, allowing its passport holders to apply for the E-2 visa. It’s also known as the E-2 treaty, which means individuals can open a business in the US, giving the investor an option to later consider a permanent residency as an option.
It seems like not many passports offer this option – according to the available information, Grenada citizenship is the only program that holds the E-2 treaty visa. That makes the holders eligible to apply for a non-immigrant visa in the USA, which eases the overall career conditions for them.
Source: livemint.com
3. The great and beneficial tax regime
The tax system is territorial, which means every Grenadian citizen who lives there can take advantage of the benefits that come up with this type of tax regime. In general, they don’t have international income tax requirements, capital gain taxes, inheritance taxes, or even wealth taxes.
One of the best things about this tax system is that it makes Grenata one of the most attractive and appealing options for investors and entrepreneurs, but also for digital nomad searching for easier tax solutions. So, if taxes are important to you and your life, make sure you explore all the options you have, including a second citizenship for sure.
4. An appealing lifestyle
Now, as you know so many things about the benefits of owning a second passport, it’s time to explore all the ways you can maintain a comfortable and relaxed lifestyle. The island is known for its stunning beaches, lush landscapes, and warm tropical climate year-round. Additionally, the cultural heritage makes you feel included in the diverse community and enjoy both modern life and world-class healthcare and education system.
Why?
Grenada has one of the best healthcare systems in the Caribbean, with more than 30 highly professional medical facilities. All citizens, no matter if the Grenadian password is first or second to them, get free primary healthcare. And private healthcare is pretty affordable too, making it really appealing to those who need it.
And do you know why?
The St. George’s University Medical School is also one of the best in the world. It’s a leading international institution that attracts students from around the world, offering a wide range of programs in medicine, veterinary science, and more. And studying there is much easier when you already have a Grenadian passport.
Source: international.holdings
5. Real estate investments
As a passport holder, you need to invest an amount included in the terms and conditions. After that, you can buy more properties, rent them, or even live there if you want.
Through the CBI program, investors can acquire Grenadian citizenship by investing in approved real estate projects.
So, the real estate investment is already a needed step in the whole process, but you can extend the whole experience as you get more benefits as a Grenadian citizen. We must say, this is a compelling opportunity for those seeking a second home, a retirement destination, or a wise investment venture.
6. A chance for your family too
The citizenship by investment program in Grenada may apply to family members such as spouses, minor children, financially dependent children not older than 30, dependent parents and grandparents older than 65, and even disabled direct relatives who rely on your financial support. Unmarried siblings or your partner can be a part of this program too. And the best thing is that you can complete the whole thing online, and never need to revoke any of your previous nationalities.
Conclusion
It seems like the Grenada passport offers so many benefits for individuals (and their families) looking to broaden their horizons, both professionally and personally. Accessing visa-free destinations and living a vibrant lifestyle – it’s very understandable why the CBI program in Grenada is so attractive for those looking for a chance to grab a strong second password.
Consider exploring the advantages it presents and embark on a journey to a brighter future. Everyone deserves that, including you, your family, and of course, your future. Research this topic so you can see what you need to apply to the Grenadian authorities, and finally the life you’ve been dreaming of forever.
