Grenadian citizens can enter more than 140 countries without requiring a visa. This includes Schengen states, the United Kingdom, South Korea, and even China. Notably, Grenada is one of the few Caribbean nations with a visa-free regime for travel to China, allowing Grenadians to stay there for up to 30 days.
Grenada offers several advantages to those who obtain its passport through its citizenship by investment program.
Let’s explore these benefits:
Grenadians applying for B-1/B-2 tourist visas can receive them for a duration of 10 years immediately. These visas allow travel, participation in business meetings, and medical treatment in the U.S. for up to 180 days per year, providing valuable opportunities for tourism and essential services.
Grenada citizens can easily obtain an E-2 business visa, allowing them to live and work in the U.S. by establishing or purchasing a business. The spouse and unmarried children under 21 can also gain immigrant status. In contrast, non-Grenadian investors must apply for an EB-5 visa, requiring a minimum investment of $800,000.
oreigners with Grenadian passports can move to Grenada and live there indefinitely. The country boasts warm year-round weather, stunning landscapes, and a peaceful environment—making it an attractive choice for retirement or a calm lifestyle, offering numerous recreational activities and cultural experiences.
Grenada’s tax system is favorable compared to many other countries. There are no taxes on global income, dividends, interests, or royalties received from other countries. Grenadians are also exempt from taxes on inheritance, capital gains, income, and stamp duty.
Investors can register their companies within Grenada’s jurisdiction, which helps reduce taxes and facilitates international transactions. Additionally, this approach enhances privacy since the personal data of company owners isn’t publicly disclosed.
Grenada citizens can enter the country at any time, even during border closures to foreigners. This flexibility provides a sense of security and safety for passport holders.
Grenada allows its citizens to hold two or more passports, providing flexibility and additional options for travel and investment.
In summary, wealthy individuals seek Grenada passports for reasons such as visa-free travel, tax optimization, the opportunity to move to the Caribbean, and access to business and visitor visas for the United States. It’s a compelling choice for those looking to expand their global mobility and financial options.
If you have any more questions or need further details, feel free to ask! 😊🌴🌏
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