CITIZENSHIP BY INVESTMENT | GRENADA 

What if you could have a second home on one of the most glorious islands in the Caribbean, that will enable you to travel visa free to more than 140 countries around the world, and furthermore hold a dollar based offshore investment that delivers an annual capital gain in US Dollars. Well, you absolutely can, by obtaining a second passport through the Caribbean Island, Grenada’s official Citizenship by Investment Program. 

Grenada’s Citizenship by Investment Program has become one of the most sought-after in the world in recent years due to a host of unique benefits, one of them being the opportunity to participate in the US E-2 Program which allows you to work and live in the US, even tax free if its less than 6 months a year. 

Grenada’s citizenship has the widest travel benefits when compared with its Caribbean peers, including visa-free travel to more than 140 countries – UK, Schengen countries, China and others. Specifically designed to cater to families, the Program allows the main applicant’s wider family to be included in the application. This covers the applicant’s siblings (unmarried and without children), spouse, children (below the age of 30 – with no educational requirement), and parents. 

Range Developments is the most successful developer of luxury hospitality projects in the Caribbean under Citizenship by Investment programmes and offers a unique opportunity to gain Grenadian citizenship by investing USD 220,000 into a government-approved luxury 5-star hotel. This investment, alongside applicable government fees, entitles you and your family to apply for citizenship in Grenada and gain many advantages of holding Grenada’s passport. 

Grenada Citizenship: Investor Benefits 

– Citizenship is for life for the investor, spouse, children, parents and siblings.

– Citizenship is passed down through generations.

– Applicants are not required to visit or reside in Grenada.

– Grenada’s passports are issued within approximately 90 to 120 days of filing an application.

– A tax-efficient jurisdiction.

– Citizens of Grenada may travel visa-free to more than 140 countries, including the United Kingdom, Russia, China, Schengen European countries and most British Commonwealth countries.

– Citizens of Grenada are eligible to apply for the US E-2 visa.

– Citizenship includes full residency status and the right to work in Grenada.

– Dual citizenship is permitted without any requirement to notify the applicant’s home country.

– Exit options provide the ability to realize capital gain on the investment after a 5-year holding period. 

THE INVESTMENT | INTERCONTINENTAL GRENADA 

 IHG® Hotels & Resorts is one of the world’s leading hotel companies with over 6,000 open hotels in more than 100 countries. The 150-room InterContinental Grenada hotel will be built on La Sagesse Beach, approximately 30 minutes from the Maurice Bishop International Airport and the town of St. George’s. InterContinental Grenada Resort will be adjacent to Six Senses La Sagesse, Grenada, another Range Developments property and brand in IHG’s luxury portfolio, which is expected to open in 2023. 

InterContinental Hotels & Resorts has become synonymous with bold exploration, travel and cultural discovery, having pioneered luxury travel in emerging and well-loved destinations for the past 75 years. 

THE LOCATION | GRENADA 

Grenada is located at the Southern end of the Grenadines island chain. With a distinct charm only found in the West Indies, it’s made up of 1 large island and 6 smaller ones. One of the first things that strikes you is how vibrant the colours are here: the hodgepodge of bright buildings in the capital of St George’s, the azure seas, white beaches and green forests, the colour chart of darting fish and corals beneath the turquoise water surface. 

Almost half covered in rainforests, the volcanic terrain sees mountains and waterfalls filling the centre of the main island, with crater lakes at the foothills, and warm waves lapping the shorelines against sun-kissed beaches. There are a wealth of things to do in Grenada and an array of ways to immerse yourself in the culture.    CITIZENSHIP FACT SHEET 

Key Benefits: US E-2 Visa 

Expeditious processing: a US E-2 visa can generally be obtained within 3 months.

Investor’s spouse and dependent children under 21 may be included.

Investor’s spouse can apply to work anywhere in the United States of America.

Dependent children can study anywhere in the United States of America.

Investor and his dependants may spend time in the United States of America without being subject to worldwide income taxation.

Investor may renew US E-2 visa and stay in the USA as long as their business continues to meet the requirements.

Can be used as a precursor to an EB-5 application. 

ABOUT RANGE DEVELOPMENTS 

Range Developments is the market leading developer of branded hotels in the Eastern Caribbean that are funded through Citizenship-by-Investment. Focused on developing high-end resorts in the Caribbean, Range Developments consistently demonstrate excellence in design, make a real difference with their sustainability initiatives and create desirable resorts for guests and residents. Furthermore, Range Developments is the only CBI developer who has completed two 5-star luxury resorts with another two being under construction. 

Range Developments’ flagship project, Park Hyatt St. Kitts opened to guests on 1st November 2017. This luxury resort has received multiple awards and has been widely recognized in the international media. CNN has singled it out as “the Best New Hotel in the Caribbean” with Forbes naming it “a grand Caribbean debut”. Park Hyatt St Kitts has been included in Condé Nast Traveler’s 2018 Hot List as one of the “Best New Hotels in the World”. 

In October 2019, Range Developments opened the Cabrits Resort & Spa Kempinski, Dominica. The resort has been named “Hottest New Hotel Openings of Fall 2019” by Condé Nast Traveller. 

With Six Senses La Sagesse set to open in 2023, Range Developments are starting work on their 4th luxury Citizenship by Investment hotel in the Caribbean, InterContinental Grenada. 

ABOUT GRENADA  | THE LAND OF OPPORTUNITIES 

Grenada is an island nation in the Caribbean, located in the West Indies. It is located north-west of Trinidad and Tobago, northeast of Venezuela and southwest of Saint Vincent and the Grenadines. This English speaking country obtained independence from the UK in 1974 and is part of the Commonwealth. Queen Elizabeth II is the reigning constitutional monarch and head of state. 

Grenada has a population of c.107, 000 and boasts a 98% literacy rate. This island has a land area of c.134 sq mi. The GDP of Grenada is c.US $1.12 billion and the currency, the East Caribbean Dollar, maintains a fixed exchange rate of 2.7 to the US Dollar. Grenada enjoys a politically stable government. 

Grenada allows for individuals to obtain citizenship through a government sponsored investment program. Those meeting the requirements of the program are rewarded with full citizenship, including a passport and the right to permanently reside and work in Grenada. Grenada’s economic citizenship program was established in 2013 and has major competitive advantages over similar Caribbean Programs.

For more info, please email us on info@vividprive.com. We’d be happy to provide you with more info and set up a Zoom call with the developers direct so you can ask all the most complex questions you might have.