Many Russian citizens amid economic instability are considering options for obtaining citizenship of other states. In response, some countries of the world offer preferential conditions for acquiring citizenship in return for obtaining investments. One of the most attractive conditions offers Grenada.
Benefits
Grenada citizenship is a real opportunity to obtain citizenship in a country where there are excellent conditions for doing business. There are a number of advantages that distinguish Grenada from the list of other states:
- Loyal preferential policy. In the country, work is ongoing to minimize taxes. They do not charge personal income tax, there is no inheritance tax, gift tax. No need to pay interest on net property and capital gains. Real estate tax does not exceed 0.5%.
- Visa-free regime. The state has agreements on a visa-free regime with 117 countries of the world, including the USA and China.
- Opportunity to open a business in the USA. If you turn directly to the authorities of America for business migration, then the probability of rejection is 99%. But if such a statement comes from a citizen of Grenada, then the probability of failure is 1%.
- Relatively low investment rates. There are two options for applicants for citizenship: to contribute 200 thousand US dollars to the national development fund or invest in the construction of the Mount Cinnamon hotel. This will require 350 thousand US dollars, but the investor will become an equity holder (that is, it is actually a returnable investment). There is also a third option, but it is quite expensive. In this case, you will need to invest in a business and spend 1.5 million.
- Living in an ecologically clean place on the planet where it is always warm.
- Transparent and simple procedure for obtaining citizenship. To apply for a state passport, only three requirements must be met: to be an adult, to have no problems with the law, and to own money in the amount of the proposed investment. In general, the process takes no more than 6 months.
Another plus - benefits in the UK. Grenada is part of the Commonwealth of Nations, in which Queen Elizabeth II is the queen, hence the benefits for residents of the state.
The first step towards citizenship
To get a passport, you have to contact a specialized agent, the authorities do not work directly with applicants. Agents will take money for their services, but no problems will arise.
First of all, you need to fill out an application form, which can be requested from an agent. Next, papers are made for each member of the family who is 16 years old. The form is called DATA FORM, it is being tested at Interpol.
After this, it is necessary to collect the full package of documents and send it together with the form by courier to an accredited agent. You will also have to pay a document verification fee. It ranges from 4 to 15 thousand US dollars, depending on the speed of consideration of documents.
Which documents to collect?
To obtain Grenada citizenship for investment, you need to collect the following package of documents:
- copies of identification documents of the applicant and family members, mandatory certified by a notary;
- photocopies of birth certificates;
- photocopy of marriage certificate;
- certificate from law enforcement authorities about the absence of a criminal record;
All these documents must be translated into English and certified in a notary's office.
In addition, fingerprints will be required if they are not an annex to the police certificate on how to carry out the procedure, the agent will tell in detail.
Also, to obtain citizenship of Grenada, you will need to draw up an autobiography, naturally in English, and collect more documents:
- a certificate from the bank stating that the main applicant did not violate banking discipline;
- letters of recommendation (at least two) from partners, lawyers or auditors;
- medical certificates for all family members, without fail with a negative result for AIDS and other socially dangerous diseases;
- a letter addressed to the Prime Minister, which displays the application for citizenship, in a special form;
- 12 photo cards made on Polaroid per head and each family member.
In the case of filing documents through an authorized person, a power of attorney must be drawn up and translated into English.
Step Two - Document Verification
Government officials of Grenada check documents from 3 to 6 weeks, of course, this time does not include the time for sending documents.
The procedure for obtaining economic citizenship of Grenada involves checking information about applicants:
- for law-abiding, absence or criminal record;
- credit history;
- analysis of the applicants' personal life;
- analysis of reputation in the business sector;
- health check. There should be no diseases dangerous to society, oncology.
And most importantly, the solvency of the applicant.
If a positive decision is made, the applicant receives a notification and you can immediately pay all the necessary fees.
Step Three - Investing
To experience all the benefits of Grenada citizenship, it is naturally easiest to obtain citizenship through investing. After all, the likelihood that a Russian citizen has family ties in this country is too small.
Therefore, as soon as a positive response is received after checking the documents, you can proceed to the stage of transferring funds, according to the selected program.
Final stage
As soon as the money is transferred and the citizenship documents of Grenada are approved, the Prime Minister signs the registration act, and the country's migration service issues passports for the applicant and his family members.
At the level of normative acts of Grenada, there are no requirements regarding the issue of personal receipt of a passport. Therefore, the applicant and his family members are not required to go to the country. Documents can be obtained through an authorized person who must have a corresponding notarized power of attorney.
By the way, several accredited specialists are working in the country who are involved in paperwork. Most of them operate at St. George's Grenada International Airport.
The passport is issued for a period of 5 years with subsequent replacement. If the visa application sheets run out, you can get a new one for $ 20 on a common basis.
Family moving
The amount of investment depends on the number of family members who apply for citizenship. If you plan to make a non-refundable contribution in the form of a donation to the national transformation fund, you will have to pay the following amounts.
Type of payment, US dollars | One applicant | Family of three | Family of four (children under 13 and under 19 years old) |
Installment amount | 200,000 | 200,000 | 250,000 |
Application Fee | 1,500 | 4,500 | 9,000 |
Security check | 5,000 | 10,000 | 27,000 |
Application Check | 1,500 | 3,500 | 8,000 |
The cost of manufacturing passports | 200 | 600 | 1,200 |
Loyalty oath procedure | 18.60 | 55.80 | 111.60 |
How to get Grenada citizenship and how much will it cost if you invest in real estate? Mandatory payments in this case will be 350 thousand dollars and 50-100 thousand government fees. For the rest, the numbers are the same. As a result, the total payment per applicant will amount to $ 404,218 thousand, of which the irrevocable part is $ 58,218 of mandatory fees.
How to transport children
In Grenada, adulthood comes at age 18. Therefore, if the head of the family applies for citizenship, then he can write in the application all children who have not reached the age of 18. However, if a child is studying in a higher education institution on a stationary form, then he can be entered up to the age of 25. If the child has already married, then he loses this right. This rule does not apply to persons with disabilities and children with mental or physical disabilities. But this fact must necessarily be confirmed by medical reports.
In what cases can refuse
But can the country's authorities refuse an investor in obtaining a Grenada passport? In fact, they can, but with good reason:
- if the applicant provided false information, or if it was distorted, important facts are deliberately hidden;
- if there are suspicions of the presence or development of serious illnesses in the applicant and family members;
- criminal record or outstanding convictions;
- if entrepreneurial or other activities of a future investor can harm the state;
- in cases where there is a suspicion that the applicant is a potential threat to the integrity of the state, security or order;
- if the applicant has at least once been denied crossing the border of the country with which Grenada has signed an agreement on visa-free travel.
Relations with Russia
In 2017, the Russian Foreign Ministry, represented by S. Lavrov, signed an agreement on a visa-free regime between the countries with the Foreign Minister of Grenada, Nimrod E. According to the norms of the document, citizens of both countries have the right to stay in the territory of the country party to the agreement without any additional documents for 90 days.
Although, in order to arrive in Russia or Grenada, citizens of these countries must confirm their financial ability to stay in the territory of the state.
Instead of a conclusion
It is important to note that obtaining a passport of a citizen of Grenada is carried out with full confidentiality. Obtaining citizenship does not call the applicant to renounce existing citizenship.
If parents have adopted children or children from their first marriage, they are included in the application for citizenship on the basis of blood relatives. But in the package of documents will have to add papers that confirm the fact of adoption.
You should be aware that the Department of Citizenship for Investments does not directly cooperate with applicants - all applications are accepted exclusively through accredited agents. All copies of documents must be certified by a notary and translated into English.
Health requirements are understood to mean that the applicant should not have dangerous diseases that can be infected by others.
In conclusion, I want to note that, having the citizenship of Grenada, a new citizen gets a lot of opportunities. In particular, these are tax benefits, including other allied countries, thanks to Elizabeth II. The country has excellent prospects for business development, excellent climate and nature. In addition, a citizen of Grenada gets the opportunity to visit almost all countries of the world without a visa. In Grenada, the protection of business, bank accounts and rights to real estate is well established, so you do not even need to live here permanently.