Grenada's Citizenship by Investment (CBI) program offers several selling points for individuals looking to acquire citizenship in the country. Some of the key benefits include:
Fast processing times: Grenada's CBI program is known for its efficient processing times, with applications typically taking around three to four months to be approved.
Dual citizenship: Grenada allows dual citizenship, which means that individuals can retain their current citizenship while also becoming a citizen of Grenada.
Visa-free travel: Grenada's passport allows for visa-free travel to over 130 countries, including the United Kingdom, European Union countries, and China.
Economic stability: Grenada has a stable economy and a low crime rate, making it an attractive place to live and do business.
Tax incentives: Grenada has a tax-friendly environment with no taxes on worldwide income, capital gains, wealth, or inheritance.
No physical residence requirement: Unlike many other CBI programs, Grenada does not require individuals to live in the country in order to maintain their citizenship.
No language requirement: Grenada's CBI program does not require applicants to speak English or any other specific language.
Family inclusion: The CBI program in Grenada allows for the inclusion of family members such as spouse, children, and parents.
Real estate option: Grenada also offers a real estate option where the investor has to make a minimum investment of $220,000 USD in an approved real estate project.
Quality of life: The country is known for its natural beauty, friendly people, and laid-back Caribbean lifestyle, making it an attractive option for those looking for a high quality of life.
