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Introduction –Grenada Immigration
Grenada is an exotic island in West Indies. This island has been known as ‘Spice Isle’ worldwide. Grenada is ‘The Authentic Caribbean’ setting that is unspoilt. It is one of the most beautiful and breathtaking islands of West Indies. “How to Get Grenada Immigration” is the most common question asked by Pakistani people and that is why you are here as well, RIGHT? Let’s read below…
The lush green island offers dramatic scenery with tropical rain forests, mountains, waterfalls and golden beaches. All this appeals the visitors and nature lovers from all over the world.
Grenada is an undiscovered land that has a lot to offer. The tourism in the region is just a recent phenomenon. The place is full of beauty, charm and opportunities for those living in Grenada.
Once you decide moving to Grenada, you will never regret your decision because the place has a number of good things waiting to be discovered by you.
Grenada has a wonderful climate throughout the year. This is because the island is near the equator. The average temperature around the region remains between 23 and 28 degree Celsius.
The population in Grenada is highly educated. The St. George’s University has been functional in Grenada for many years. Currently over 6000 students from 140 countries are enrolled in this university. The university offers faculty of Medicine and faculty of Veterinary Sciences. The university has been serving in the region for more than 35 years now. The literacy rate in the area is quite high.
The authorities in Grenada are planning to open a full time teaching hospital in the near future.
Are you interested in knowing the benefits of Grenada immigration? Keep reading the article to know more.
All this information about an exotic island may be intriguing you to moving to Grenada and get Grenada citizenship. Don’t worry immigration and passport department at Grenada has an arrangement for you.
How to get Grenada immigration, you are almost there, keep reading!
Living in Grenada is a great decision since the place is a mix of authentic Caribbean culture from past years and the modern lifestyle from present years.
Benefits of Grenada Immigration
Are you moving to Grenada? We’ll give you the reasons why you should carry on with your decision. There are numerous benefits of Grenada immigration, some are listed below:
- The place is close to nature
- You can experience exotic climate
- Your surroundings are educated facilities
- The lifestyle of the citizens is unique and traditional with a blend of modern culture
- People are friendly
- A number of historical sites to allure you
- Fresh culinary delights that you can’t resist
- The worth witnessing aquatic life
- Breathtaking rainforests
- The fascinating wildlife in the area
These were a few benefits of Grenada immigration that will turn your life into an everyday adventure with so many things to explore. Then what else?
- Grenada passport will allow you to visit around 135 countries visa free
- Grenada is one of the three countries that are allowed to visit China without visa
- There are no taxes on income, wealth or inheritance in Grenada
- If you want to apply for Grenada citizenship against real estate investment, there ‘s no need for you to physically moving to Grenada
- The immigration department for Grenada offers family friendly program for large families
- You will get an E2 visa opportunity
Finally your wait is over, how to get Grenada immigration? It’s all written here. Keep reading!
How to get Grenada Immigration?
If you are thinking of ways on how to get Grenada immigration, then the immigration office at Grenada has a bright plan for you and the immigration requirements are also simple and clear.
The immigration authority in Grenada offers you to get the Grenada citizenship through a real estate investment program.
The Citizenship by Investment Programme was re-launched by the immigration authority in 2013. The benefits of Grenada immigration are already discussed above. Through this Investment Programme, the immigration and passport department of Grenada allows you to lodge an immigration application after successful completion of immigration requirements.
The Real Estate Investment Programme however, does not guarantee citizenship. There is a strict check for your financial and background status as part of the immigration requirements under this program.
Whatever the processes be at immigration office, Grenada, this program is a wonderful opportunity to get a chance of living in Grenada.
So far, we told you that you that you can submit an application at immigration office under this investment program but the question still lies there, how to get Grenada immigration!
Here’s the answer.
Procedure to Apply for Citizenship by Investment Programme – How to Get Grenada Immigration?
The immigration department offers two kinds of investment opportunities.
- Government Donation to National Transformation Fund (NTF)
- Real Estate Investment
Investment through Government Donation to National Transformation Fund (NTF) – How to Get Grenada Immigration?
The immigration and passport department has set the following criteria for NTF Investment Program:
If you want to apply for citizenship of Grenada through NTF, then you need to make a donation first. The donation is made to government controlled National Transformation Fund (NTF). This donation leads the candidate to a two step procedure.
- The permanent residence stage
- The citizenship application stage
The minimum investment amount under this fund is USD 200k. The benefits of Grenada immigration under this program include the immigration of your family members. But you have to pay additional fee for each family member.
The official entity is the National Transformation Fund and the
- investment fee with spouse is USD 225k
- investment fee with spouse and 2 kids USD 275k
These two stages under donation option take 12 months to complete.
Investment through Real Estate – How to Get Grenada Immigration?
The immigration department has set the following criteria for Real Estate Investment Program:
If you want to apply for citizenship through Real Estate Investment option, then you must invest in approved real estate. The minimum investment should be around USD 350k.
The approved real estate in Mount Cinnamo, Dominica, St. Kitts & Nevis, Antigua, Grenada (city) and Levera are great investment options.
The immigration office takes about 3 – 4 months to process your application.
The immigration authority asks you to enter into sales and purchase agreement. The agreement should be with an approved real estate project. According to the contract, the whole investment and the associated fee must be transferred to an Escrow account. The Escrow account should be governed and controlled by an on-island authority.
When your agent is done with this process, he then submits your application and the required documents to the government. In return of this submission, the government issues an Approval following a Certificate of Naturalization.
Your agent on receiving these documents can successfully apply for your passport.
The benefits of Grenada immigration under real estate investment program include the claim for your real estate for 4 years. Moreover, if you are willing to take your spouse to Grenada with you, there is no government fee for that. Also, you don’t have to pay any fee for 3 dependents you are taking along to Grenada.
The legal and escrow fee charges equals to USD 12k.
The government processing fee for the investor is USD 50k while no fee for your spouse. The government charges USD 25k for dependents. The fee is charged per dependent after first three dependents.
The citizenship through this method is also called economic citizenship or second citizenship.
Comparison of CIP Options – Benefits of Grenada Immigration
The two options under CIP, as stated earlier are Donation to Government and Real Estate Investment.
If you go for the donation option, the process is easier and straight. You just have to do simple money transfer. The rest of the procedure is on the authorities. A year of official procedures and you get the citizenship.
In case you go for the real estate investment option, you will enjoy a different set of benefits of Grenada immigration under this option. One, you get a tangible asset on your name. Second, you can enjoy the return on investment through renting or resale of the property. Third, utility bills and last, you get a physical connection with the country. Also, the processing time through real estate investment is lesser than that compared to donation option.
If you look for the benefits of immigration to Grenada in long run, then the real estate investment option is more beneficial. Although you have to invest a large sum of money to get citizenship, the problem question – ‘how to get immigration to Grenada approved?’ has a more workable answer.
There is only one limitation to this immigration program. This citizenship offer is only for the individuals who have high net worth. Otherwise you are ineligible to apply for this program.
We hope this article will be a great help to know how to get Grenada immigration? If you have any queries regarding the process you can contact us. Our immigration experts are always at you service providing the best solutions for your problems regarding immigration matters.
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