The popularity of investment programs is due to increasing demand. Investors are looking for an opportunity to obtain second citizenship and enjoy the benefits of this solution. It is worth evaluating the deal’s benefits to choose the best offer. Participation in the program will allow the following:
- enjoy the advantages of the inhabitants of the selected state;
- take care of children and give them a quality education;
- find a new source of income and expand your business;
- travel around the world with a minimum number of documents;
- move to a new country which opens up many opportunities.
Grenada citizenship program is one of the common options. Those who wish receive second citizenship quickly, and it takes a minimum of time to fulfill the conditions. If you want to know more about the choice of this option, pay attention to the evaluation of the expert of the agency Immigrant Invest Zlata Erlach. The offer is more than attractive, and the following benefit proves it.
Advantage № 1: Conditions for obtaining
Investors who intend to gain access to the benefits of Grenadian passport quickly proceed to the paperwork. Unlike other offers, it is also possible to apply for participation remotely. In addition, you don’t have to visit the island to minimize your time costs.
Advantage № 2: Adding family members
The application allows you to include in the list not only the investor but also close family members: spouse, children or parents. In addition, brothers (sisters) can also receive second citizenship. If you intend to include other family members in the application, it is enough to confirm the “dependent” status.
Advantage № 3: Unlimited business opportunities
Investing in the economy allows you to buy real estate and start a tourist business. The Caribbean islands are made for fun, so a new line of business will bring guaranteed results. Additionally, identifying the cheapest Caribbean island to invest in real estate can significantly amplify your returns, potentially reducing the return on investment period to no more than 3 years.
Advantage № 4: Education for children
Investors who intend to include children in the application can take care of obtaining a quality education. One of the Grenada citizenship benefits is choosing the right educational institution and making a solid contribution to the children’s future. Grenada citizenship for education can open the road to the best future for investor’s children.
Advantage № 5: No strict requirements
According to the current program conditions, residence in the territory is not a prerequisite. You do not need to visit the Grenadian embassy for the application process either. The investor submits documents on the availability of funds to invest in the economy and is exempt from a compulsory residence on the island.
Advantage № 6: Fast results
It takes about 120 days to apply and process your application. It is the minimum possible time, which is not available for other programs. The The embassy’s decision is given after four months, and it is possible to receive a passport immediately after the official approval.
Advantage № 7: Dual citizenship is possible
It is unnecessary to give up your previous citizenship to obtain a passport. The law allows you to keep your citizenship in another country without any risks. It also applies when the process of
Advantage № 8: Travel without a visa
Obtaining second citizenship allows the investor to visit more than 127 countries. The list includes states in the Schengen zone, countries of the European Union, Great Britain, and China. Documents processing is required in cases where the destination country legislation requires compulsory registration.
Advantage № 9: Tax system
One of the available advantages of Grenada citizenship is the flexible taxation system. Investors who have obtained a passport are exempt from taxes:
- on capital gains;
- on imports of capital;
- on wealth;
- on inheritance.
Repatriation of profits is also not charged. Moreover, there are additional investor packages offered as motivation.
Advantage № 10: Growth opportunity
Foreign investors who have invested in real estate get several opportunities to use the property. The options include residency, setting up a tourist business, and making the property available for rent.
Advantage № 11: Multiple investment options
Buying real estate is a common solution, but the terms of the program allow you to make an investment in the form of a donation. The funds are used to help develop the economy and improve living conditions.
Advantage № 12: Strong economy
The country’s stable economic situation is another attractive feature. Investors get these pros of Grenada passport combined with a high standard of living and the provision of quality health care. Moreover, the government supports the economy by attracting foreign investment.
Advantage № 13: Affordable cost
Foreigners who want to obtain second citizenship spend from 150 thousand dollars. Participating in the program is a low cost if you compare it with other offers.
