The beautiful Caribbean island, Grenada is an ultimate destination for all the tourists to explore the smaller islands within and the beauty of the main island.
To boost its economic activity, it also offers Grenada Citizenship by Investment Program. The program has been highly sought all over the world and many investors have already planned to invest in this beautiful country.
So, if you’re planning to invest in Grenada’s investment program, we have already made a list of 8 things to know about Grenada Citizenship by Investment Program to help you understand better about the country and its requirements.
Grenada offers investment option through real estate and that’s why it’s essential to know about the location first. Grenada encompasses six smaller islands and is situated at the Northwest of Trinidad, southwest of Grenadines, and northeast of Venezuela.
It is a beautiful location and is currently planning to develop more opportunities for people.
You can only participate in the Citizenship program through invitation and the applicant’s family members can only be approved by the Government of Grenada.
3. Investment Opportunities
The country offers many investment opportunities through investment in real estate or government bonds. You can even donate in the government funds to obtain citizenship.
4. Tax Incentives
Since the country is still opening up for more opportunities, it has no tax obligations or restrictions for the investors. You are exempted from all types of taxes such as income, custom duty, corporate, and many other forms of taxes.
5. Easy Application Process
If you’re applying for the investment program, Grenada offers an easy application process. Once you have completed all the requirements, you are required to submit your medical examination records along with a clean criminal record. The whole process can take a few months.
6. Political and economic stability
The country offers political and emotional stability which means it’s the safest option for investors as they can have a secure environment for their families.
7. Trade opportunities
Since the country is politically free, there are more chances of better opportunities for investors.
8. Good Income
The program even offers the investors to earn a good income on their returns. Since it has an emerging market, there are more chances of enhancing the market value with better price rates and more income in the future.