Economic Citizenship Programme - Grenada
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GENERAL INFORMATION Disadvantages of the programme: • not very prestigious country or citizenship • not very well known country Legal basis for citizenship: Citizenship by Investment Act of 2013 Voting rights: Not provided with citizenship Personal income tax rates in the country: No tax on worldwide income Year of commencement of the programme: 2013 Year of closing of the programme: Not planned Country name: Grenada Capital: Saint George’s Time zone: GMT-4 Area: 344 km2 Population: 110 152 (2014 July est.) Nationality: Grenadian(s) Languages: English, French patois Currency: East Caribbean Dollar (XCD). 1 USD = 2.7 XCD Climate: Tropical Location: Caribbean, island between the Caribbean Sea and the Atlantic Ocean, north of Trinidad and Tobago Advantages of the programme: • Dual citizenship is allowed • Fast processing, less than half a year • Lifetime citizenship • Dependent children under the age of 25 are included • Dependent parents over the age of 65 are included • No need to travel to Grenada during the application process • No interview requirement or diplomas • Visa free travel to more than 100 countries worldwidecitizenship.com +44-207-193-8939 LAVECO LTD. ® Legal Solutions since 1991
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Advantages of the programme:- Dual citizenship is allowed- Fast processing, less than half a year- Lifetime citizenship- Dependent children under the age of 25 are included- Dependent parents over the age of 65 are included-No need to travel to Grenada during the application process- No interview requirement or diplomas- Visa free travel to more than 100 countriesDisadvantages of the programme:- not very prestigious country or citizenship- not very well known country
Transcript of Economic Citizenship Programme - Grenada
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ECONOMIC CITIZENSHIP PROGRAMME
GENERAL INFORMATION
Disadvantages of the programme: notveryprestigiouscountryorcitizenship notverywellknowncountry
Legal basis for citizenship:CitizenshipbyInvestmentActof2013
Voting rights:Notprovidedwithcitizenship
Personal income tax rates in the country:Notaxonworldwideincome
Year of commencement of the programme:2013
Year of closing of the programme:Notplanned
Countryname:
Grenada
Capital: SaintGeorges
Timezone: GMT-4
Area: 344km2
Population: 110152(2014Julyest.)
Nationality: Grenadian(s)
Languages: English,Frenchpatois
Currency:EastCaribbeanDollar(XCD).1USD=2.7XCD
Climate: Tropical
Location:
Caribbean,islandbetweentheCaribbeanSeaandtheAtlanticOcean,northofTrinidadandTobago
Advantages of the programme: Dualcitizenshipisallowed Fastprocessing,lessthanhalfayear Lifetimecitizenship Dependent children under the age of 25
areincluded Dependentparentsovertheageof65are
included No need to travel toGrenada during the
applicationprocess Nointerviewrequirementordiplomas Visafreetraveltomorethan100countries
worldwidecitizenship.com +44-207-193-8939
LAVECO LTD.Legal Solutions since 1991
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LAVECO LTD. > Economic Citizenship Programme > GRENADA
worldwidecitizenship.com +44-207-193-8939
PROGRAMME OPTIONS
1. Through purchase of real estateTheMountCinnamonResort iscurrently theonlyoption in the Grenada programme and this isavailablebyinvitationonly.ApplicantscanobtainapartmentsinthisapprovedprojectthroughasmallnumberoflocalRealEstateAgents.Theminimuminvestmentis250000USD,whichissufficientfora50%shareinaonebedroomapartment.
2. Larger investment in the Grenadian economyInvestmentsinexcessofUS$2000000,withnoupperlimit,allowtheapplicanttoqualifyforcitizenship.This investmentcanbemadefor largerbespokevillasorothertypesofcommercialinvestments.Inthiscasespousesandchildrenunder25yearsofagemayalsoapplyforcitizenship.
3. Donation to the National Transformation FundDonationstotheNationalTransformationFundviathe Grenada Economic Investment Programme(GEIP) require an investment of US$ 200 000. Inthiscasethedonationisnon-refundable.Thisisatwo-stepprogramme;firstly,applicantswillobtainaGrenadianResidencePermit,afterwhich theycanapply for naturalisationas the second step.This is a quicker option, as the application forcitizenshipcanbeapprovedwithin60days.
THE PROCESS
Timeframe:Theprocessingofapplicationsforcitizenshipandpassport will be completed within three to fivemonths.
1.Upon receivingtheapplicationandthe legal,consultancy and due diligence fees, we willprovide a set of detailed guidance documentsfortheapplicanttosignaformalagreementwiththem.
2. After receipt of the completed form, all thedocumentsandsignedagreements,theapplicantshouldtransferthesaidgovernmentalfeestothedesignatedaccount.
3.WhentheGrenadagovernmentapprovestheapplication,theapplicantwillbenotified,andtherequiredinvestmentamountofUS$200000totheNationalTransformationFundwillneedtobepaidtotherelevantdepartment.
4. Issue of a citizenship certificate, permanentresidencecertificateandpassport
REQUIREMENTS
Residency requirement:Not required during or after the applicationprocess
Required documents:
ApplicationFormFamilyMembers
Colourcopyofallpassportspossessed(first3andlast3pagesofeach)
6passportphotographs
Colour copy of all currentnationalidentitycardspossessed
Verification of supportingdocuments for Citizenship orPermanentResidence
Birthandadoption recordsandcertificates
Non-Criminal RecordCertification
Certifiedcopyofmarriageanddivorcecertificates
Certified college or university certificates forchildrenover18(ifapplicable)
Bankreference
RESTRICTIONS
Allapplicantsundergothesamedue diligence process. If anyissues from their backgroundwhich would be grounds forrejection emerge, they will notbeapprovedforcitizenship.
Please contact us to receive a price offer for the citizenship programme of Grenada.
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LAVECO LTD. > Economic Citizenship Programme > GRENADA
worldwidecitizenship.com +44-207-193-8939
VISA FREE TRAVEL
This is the full list of countriesallowing visa free travel toGrenadianpassport holders.As this is generalinformation,whichmaychangeanytime,beforeyoutravel,pleasecontacttheembassyofthetargetedcountry.AndorraAnguillaAntiguaandBarbudaArgentinaArubaAustriaBahamasBangladeshBarbadosBelgiumBelizeBermudaBoliviaBotswanaBritishVirginIslandsBulgariaCambodiaCapeVerdeIslandsCaymanIslandsChileColombiaComorosIslandsCookIslandsCostaRicaCroatiaCubaCyprusCzechRepublicDenmarkDjiboutiDominicaEcuadorEgyptElSalvadorEstoniaFijiFinlandFranceFrenchPolynesiaGeorgiaGermany
GibraltarGreeceGrenadaGuatemalaGuyanaHaitiHondurasHongKong(SARChina)HungaryIcelandIraqIrelandIsraelItalyJamaicaKenyaKiribatiKoreaKosovoLatviaLebanonLesothoLiechtensteinLithuaniaLuxembourgMacao(SARChina)Macedonia(FYROM)MadagascarMalawiMalaysiaMaldivesMaltaMauritiusMicronesiaMonacoMontserratMozambiqueMyanmarNauruNepalNetherlands
NetherlandsAntillesNewCaledoniaNiueNorwayPalauIslandsPanamaPeruPhilippinesPolandPortugalRomaniaSamoaSanMarinoSeychellesSierraLeoneSingaporeSlovakRepublicSloveniaSolomonIslandsSpainSt.LuciaSt.VincentandtheGrenadinesSurinameSwedenSwitzerlandTanzaniaTimorLesteTogoTongaTrinidadandTobagoTunisiaTurkeyTurksandCaicosIslandsTuvaluUgandaUnitedKingdomVaticanCityVanuatuVenezuelaZambiaZimbabwe
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