Today, when traditional mainstream immigration countries have successively tightened immigration policies and raised the immigration threshold, immigrants from small countries have become a new list of immigration waves.
Compared with the traditional immigration countries that need to land, have immigration supervision, need to be scheduled, and also need higher education or investment requirements, the investment naturalization of a small country passport can quickly get a second status in one step, and can also enjoy overseas asset allocation, tax planning, children's education advantages, and visa-free global treatment.
Grenada is a typical short, flat and fast immigration program in small country passport immigration.
According to the 2022 Global Citizenship Guide: CBI Index released by the Financial Times Professional Wealth Management (PWM) magazine, Caribbean passports have successfully topped the TOP5 list, among which Grenada passports ranked fourth in the "World's Best Citizenship by Investment Program"!
Located at the southernmost tip of the Windward Islands in the Eastern Caribbean, Grenada is known as the "Island of Spices" for its beautiful island scenery and famous cardamom production.
Grenada is one of the most magnificent islands in the Caribbean's Windward Islands, with stunning beaches, the world's largest underwater statue pavilion beneath Grenada's pristine white sand and turquoise waters. It is also a new honeymoon destination in the world, attracting nearly 500,000 overseas tourists every year, and is known as the "back garden" of the United States, Canada and the British Commonwealth.
Since the launch of the passport program in 2013, Grenada, as the only Caribbean passport that can apply for a U.S. E2 visa, has unique advantages that other Caribbean countries do not have.
What are the advantages of getting Grenada status?
1. Visa-free China
Grenada and China established diplomatic relations in 1985, and in 2015 signed a visa exemption agreement with China, under which citizens of the two countries can stay visa-free for 30 days in each other's countries with valid passports.
2. American springboard
It is not so easy to immigrate to the United States, either because of the strength of high-end talents, or the long waiting period.
Grenada is a "treaty investment treaty country" of the United States, and Grenadian citizens can apply for an E2 visa valid for up to five years to legally live in the United States, and the applicant and his family can freely enter and leave the United States to live, and their children can enjoy local public education.
This means that with a Grenada passport, you can go to the United States to work, study and live in the United States without a priority date and at low cost, and the E2 visa can be renewed after expiration, which can be called the "golden springboard" for immigrating to the United States!!
3. British education
As a member of the Commonwealth of Nations, Grenada has always followed the British education system in terms of education.
Most schools in Grenada are set up or funded by the Government and provide free and compulsory education for children between the ages of 5 and 16.
Children with Grenadian status have the same educational resources as citizens of that country.
Students with Chinese nationality who have lived abroad for more than four years can also enjoy the qualification to apply for Tsinghua University without examination.
4. Tax haven
Grenada is suitable for global asset allocation, the currency is pegged to the US dollar, there is no foreign income tax, property tax, gift tax, inheritance tax, capital gains tax, etc., there is no global taxation, and there is no restriction on the repatriation of profits from imported capital.
Businesses can enjoy significant tax benefits, including full exemption from import duties, tax relief, and export subsidies.
5. Visa-free for many countries
More than 140 countries and regions around the world have visa-free or visa-on-arrival for Grenada passports, including France, Germany, Italy, Switzerland, the United Kingdom, Singapore, etc.
Visa-free for 6 months for the UK, 90 days (within 180 days) for Schengen countries, and 90 days for Hong Kong, China.
For global business travelers who need to travel a lot, and those who love to travel, it is easy to travel the world with a Grenada passport.
Grenada Citizenship by Investment Program
The Grenada Citizenship by Investment Program was launched in August 2013 and grants permanent residency and Grenadian citizenship to investors and their dependents in Grenada.
Source: Grenada Immigration Service website
Since the launch of the passport program in 2013, Grenada is the only Caribbean passport that can apply for a U.S. E2 visa and allow dual citizenship without having to reside in the country or renounce their current citizenship.
Advantages of Grenada's Citizenship by Investment Program
1. The conditions are simple
The threshold is low, and there are no requirements such as language and education, source of funds, management experience, etc., and can be approved before investment.
2. Fast naturalization
The Grenada passport program has a high success rate, fast processing, no naturalization test, and can get a passport in 4-6 months
3. There is no immigration supervision
There are no landing activation requirements, no immigration residency requirements, and no hassles of status renewal.
4. One person applies, four generations of immigrants
The Grenada passport supports a family of four generations, and the requirements for dependent applicants are relaxed, there is no age requirement for the main applicant and spouse to bring parents and grandparents, and the main applicant and spouse are allowed to bring unmarried siblings over the age of 18 and without children.
What are the requirements to apply for Grenada Citizenship by Investment?
The application requirements are as follows:
1. The main applicant must be at least 18 years old
2. No criminal record
3. Donation of $150,000 to Grenada's National Development Fund
Source: Grenada Immigration Department official website - Donation for naturalization fee breakdown
4. Requirements for subsidiary applicants
In May 2019, Prime Minister Michel signed the latest amendments to the law, aiming to make Grenada's CBI program more attractive, and truly realize one person to apply, four generations of immigrants in a family!
▪️ Spouse: No special requirements;
▪️ Children: 0-17 years old with no special requirements, 18-30 years old unmarried with no children;
▪️ Parents: All ages, financially dependent on the main applicant and his/her spouse;
▪️ Relatives: The main applicant and his or her spouse are over 18 years old, and unmarried siblings with no children are allowed.
In general, compared with the United States, Canada and Australia, Grenada's passport application is really much simpler, with a donation of 150,000 US dollars, no need to change your name and surname, you can get a second identity without leaving home, and achieve global asset allocation.
Who needs Grenada status?
Global citizens: wealthy individuals, business, family, property and other inheritors who want to achieve the freedom to work, live and travel through overseas status;
Shareholders or executives of the company: they need overseas status to achieve the goal of listing the company;
Those who want to move to the United States: Grenada status has the opportunity to apply for a U.S. E2 visa;
Immigrants who do not emigrate: immigrants at the peak of their careers, whose work and family priorities are in China, and who need overseas status to achieve global business travel and vacation;
High-net-worth investors: high-net-worth investors who are ready to invest in overseas wealth management and global asset allocation;
Parents who are planning ahead: Need to help your child attend an international school or study abroad through an overseas status.