Grenada citizenship by investment benefits
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There are plenty of great Grenada citizenship benefits that candidates who invest in the local economy can opt for. Some of them include traveling across many countries without any visa, a special business visa to the US, and others. Generally, numerous advantages can be used. In this article, you will find useful information on that along with other helpful details on this program
Initial Information on the Economic Citizenship Program
The program allowing for obtaining investment citizenship (CBI) is quite popular. It offers a quick, hassle-free way to get the citizenship of the country along with all the rights valid for its residents. The main requirement for the candidate is to make an investment according to the existing rules. The choice of passport benefits that go along with this program is quite large, so it may be interesting for both individuals and businessmen. The full descriptions of the benefits featured by this program have been provided by Immigrant Invest – https://immigrantinvest.com/grenada-citizenship-by-investment-en/.
The type of investment available within this program includes the following:
- Donation
- Purchase of real estate
- Partial investment
Additionally, both government and application fees may be applied. The cheapest option provided at the moment is an investment. Citizenship by donation will cost you only $150,000.
The most expensive citizenship purchase is buying property, but it comes with other benefits, such as the possession of the funds that you invest. In essence, you will not lose anything.
Other investment passport requirements must be met. For example, the applicant must not have any criminal charges but have a legal source of income.
The Core Grenada Citizenship Benefits
Multiple benefits are provided for everyone who applies for the visa, including the following:
| Benefits | Description |
| Fast application process | The program is known for quick approval times. It may only take you 120 days to receive your citizenship. |
| The absence of residency requirements | Programs run by some countries require a candidate to apply for a residency permit before receiving citizenship. No such requirements apply to the citizenship given by Greenland. |
| Dual citizenship is allowed | Candidates are not required to lose their current citizenship. |
| Investment is cost-effective | Some options allow possessing the funds that you will spend, such as purchasing a property. |
| Traveling to 127 countries without a visa | The list of visa-free countries that can be visited with the obtained passport includes the UK, the EU, Hong Kong, and others. |
Additional Information on the Citizenship through Investment
It is important to mind the relevant benefits and drawbacks of the visa. One of such disadvantages is a limited stay in the UK. The visa allows visiting this country without providing additional rights. Also, people with a passport by investment in Grenada cannot stay in the country for more than six months.
The experts from Immigrant Invest have analyzed all the pros and cons of the citizenship by investment program, so you can check them out – https://immigrantinvest.com/blog/pros-and-cons-citizenship-grenada-en/.
Conclusion
The passport benefits provided by the applicants may be different from those featured by other similar programs. It surely provides interesting opportunities for both individuals and company owners. If you are not sure which investment option you should choose, simply hire specialists who will guide you through the entire procedure.
