Tag: Grenada
Access to China and USA with a Grenada Passport
Visa free travel to over 117 countries worldwide including the EU Schengen zone, UK, Hong Kong and Singapore are just a handful of the advantages that come with holding a Grenada Passport. Most uniquely, a Grenada Passport also offers visa free travel to China making it the only Citizenship by Investment scheme currently on the market with this privilege. This added advantage is a huge draw for business people with ties to China and is proving to be a very popular option amongst investors.
In addition to visa free travel to China, another key advantage with Grenada is the E2 treaty its holds with the USA. The E2 treaty offers Grenadian citizens and their family the opportunity to reside, work and study in the USA in return for an additional US business investment. The E2 visa lasts initially for 5 years and can then easily be renewed every subsequent 5 years, providing the visa holder complies with the rules. To obtain this visa, applicant’s must make a “significant investment” into a US business. Significant, meaning at least a 50% interest and the business investment can be a simple $150,000 franchise, for example.
The E2 visa from the USA is not open to every country. For example India and China are two countries that are excluded. However by investing first in Grenada and gaining Grenadian citizenship and a second passport, investors can then apply for an E2 visa.
Unlike the EB5 (Green Card) programme, E2 visa holders do not have to reside for long periods of time in the US, so do not automatically become US tax payers, and in certain circumstances do not need to become such.
Both the E2 visa treaty and the visa free access to China really set’s Grenada apart from all other Citizenship programmes, not to mention the stunning white sandy beaches and crystal clear water of the Caribbean itself.
If you would like to find out more, please do not hesitate to contact our visa experts today.
Dominica’s Citizenship by Investment Programme Amends Family Age Limits.
As part of the Commonwealth, Dominica is just one of a number of Caribbean islands offering a low cost Citizenship by Investment scheme. Dominica has just recently amended its programme to include some additional benefits. One of the main improvements is that the age limit for children has been increased from 25 years old to 28 years old. Secondly, the age limit for elderly dependents has been decreased to 55 years old, resulting in a more flexible scheme for those wishing to include a number of family members under one application.
Dominica offers one of the most cost effective and quickest citizenship by investment programmes in the world. Investors can choose from two main options to obtain a second passport, a non refundable donation to the government at $100,000 per single applicant + fees, or an investment in real estate, starting from $200,000 + fees. The passport can be issued as quickly as 3 – 4 months and will allow investors the ability to visa free travel to over 100 countries worldwide including the UK and the Schengen zone.
The government fees associated with a real estate investment are now as follows:
- Children above the age of 18 but younger than 28 – $25,000.
- Elderly dependents – $25,000.
Investors considering the Caribbean, can also look at the Citizenship by Investment schemes in St Kitts, Grenada, Antigua and Barbuda and St Lucia.
La Vida can assist with both the donation and real estate options for this programme. To view one of our most popular investment projects in Dominica, follow this link for Dominica Real Estate
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