Blog and news

News

Buy a seaside apartment and receive a free citizenship: our CBI services in Grenada

calendar 7/13/2020 8:00:00 AM
author Tom Real Estate

Mundo is proud to announce its partnership with the best developer in Grenada along with NTL to offer you the Coronavirus escape package of the century. Only until December and only for the first 30 applicants, we have created an escape package that will actually earn your money.

NTL, the most famous citizenship expert in the Caribbean and the most prestigious developer in Grenada have combined forces with Mundo to welcome clients, their lawyers, and advisors to one of the top Citizenship by Investment destinations on Earth today.

The package consists of:

Ø   An apartment in the best real estate development in Grenada

Ø   Reduced fee passport processing by our Partner NTL

This package offers you a unique getaway destination on one of the most beautiful islands in the Caribbean, with an incredible investment return, and if that wasn’t enough, it comes with a virtually free passport package.

You will have to be quick because Kawana Bay is almost sold out and only 30 more units are reserved for Mundo readers.

This offer is exclusive for Mundo readers and can only be redeemed through us. You can see more about the Kawana Bay project in their website.

To check out the details of the project, read our article right here.


Why citizenship by real estate investment with Mundo?

Mundo only chooses the very best developers with the greatest reputation and track record and offers deals that can only be accessed through our portal. Thanks to our partnership, we are able to offer deals that you would not receive through a real estate agent.

Today, we offer you something truly special. This is the sort of Caribbean investment that you not only will enjoy for years to come (this is definitely the best deal on the island), but it will actually make you a return whilst giving you a virtually free citizenship.

Mundo has appointed the developers as the Grenada country expert and our readers will receive personalized attention on any questions whatsoever.

The Caribbean has always been the ultimate destination for people who want to secure their freedom through citizenship by investment programs.

Known as the island of spices, Grenada is a destination that sits right in the middle between the unexplored and the sophisticated. In addition to a rich history, it boasts idyllic beaches, forested mountains, crystal clear rivers, and gorgeous waterfalls.

The climate is delightfully tropical. Almost all year round, the sun heats up to 29ºC during the day. The beaches are just as paradisiacal as those in the rest of the Caribbean but with the added value of coral reefs worthy of being visited by diving enthusiasts, and scenic mountainous terrain -of volcanic origin- with attractive waterfalls and rivers flowing into the sea.

However, its main attraction is not the turquoise water and white sand beaches, or the cultural diversity, but the fame of being the “island of spices” that gave it its fertile soils. If you become a Grenada citizen, you will not be able to overlook the fragrances and flavors of ginger, allspice, mace, and cinnamon, of which the island is a natural source. The country is one of the largest producers of nutmeg on the planet, which represents it so much that it’s even present on its flag.

We love Grenada for its natural wealth and rich culture, but there is another thing that dazzles us about this island: its citizenship by investment program. Grenada’s CBI program is one of our favorites for many reasons, but some of the most attractive things about becoming a citizen of the island are:

Ø   Lightning-fast processing times.

Ø   Possibility of accessing an E-2 visa to do business in the United States.

Ø   Having English as the national language is excellent for business.

Ø   The geography is heavenly, the volcanic soil is fertile, and the tropical climate couldn’t be better.

Ø   It’s a couple of hours from the United States.

Ø   Access to an attractive tax regime.

Ø   The best healthcare system and the lowest crime rate in the Caribbean.

About Grenada

The entire island is a tourist hub for all tastes, visited by adventurers who want to explore its forests and people who just want to enjoy its beautiful beaches. Another charming aspect of the place is its rich history and diverse culture. Grenada is accessible from most major U.S. airports, making the island one of the top tourist destinations for US citizens.

Grenada is also a particularly stable territory and - very importantly - has the lowest insecurity and crime rate in the region and has a common law legal system with an independent judiciary. This is what the phrase “tropical paradise” refers to.

A highly developed tourism sector primarily drives the Grenadian economy. During the last two decades, the island moved from an economy primarily based on the agricultural industry to a service-based economy.

Grenada is not only inherently a free economy but also a growing one. Since 2013 its annual growth rate has always been over 3%.

In terms of education, Grenada has the St. George’s University, which has over 8000 students, with a particular focus on medical students who aspire to practice their careers in the United States. This is because this university has links and agreements with the United States hospital system. Moreover, your children can benefit from a 90% scholarship in the University for undergraduate courses after one year of residence in Grenada. This is an incredible benefit for CBI applicants as their children will have almost direct access to the best med-schools in the US and can pursue a career there.

This Caribbean island is also one of the best destinations for people who care about safety, medical infrastructure, and quality of life. Aside from the wonders we’ve mentioned, its quality of life is one of the highest in the entire Caribbean. From its high literacy rates and access to clean water to its very low rate of crime and insecurity, and one of the best healthcare systems in the Caribbean, Grenada is perfect for living a free life feeling sheltered at all times.

We know, it sounds like paradise.

Grenada is one of the most exciting destinations for investors, and it has earned it. But that’s not all, Grenada also has one of the most competitive citizenship by investment programs in the world.

Deciding which citizenship by investment program is right for you can be challenging. Today there are many options, but there is one that shines in the Caribbean, and that is Grenada.




Why Grenada? Five reasons to apply to its CBI program

No worldwide income tax

Grenada is one of those rare beauties that applies a territorial tax system for residents. You pay income taxes in Grenada, and that’s it. If you’re a Grenadian resident, you won’t have to pay worldwide income tax anywhere. In fact, there are no taxes on inheritance, capital gains, international dividends, or any income you generate outside the island. Grenada also has double tax treaties with the US and the UK.


A privileged location that secures your real estate investments

If you decide to invest in real estate, you’ll be happy to know that because of the island’s southern location outside the hurricane belt, Grenada is protected from the hurricanes that hit the other Caribbean islands year after year, so your investment will not be affected by these natural disasters. Moreover, the real estate business is thriving and has some interesting ROIs, which means you’ll recover part from your investment.


Your entire family is eligible for Grenada’s CBI program

Grenada has one of the most open CBI programs in the world. Generally, you can only include your spouse, underage children, and sometimes grandparents. In Grenada, you can include them, but also dependent children up to 30 (!) years old, grandparents, and even unmarried siblings.


A first-class passport

Grenada citizenship also opens the door to many other destinations. With a Grenadian passport, you do not need a visa to travel to China, Russia, the United Kingdom, or the European Union. In total, you can enter 143 countries without a visa.


The E-2 visa

The best benefit of Grenada’s CBI over the rest of the Caribbean CBI programs is that with your Grenadian citizenship, you are also eligible to apply for an E-2 visa to work and live in the United States with your family. Grenada is the only Caribbean CBI that offers this advantage.


Grenada’s CBI program

Grenada’s CBI program is drawing the attention of financially independent persons and businesspeople of outstanding reputation. Often, such persons are interested in a safe haven for themselves, their families, and their businesses. They also strive to distance themselves from any adverse events in their home countries, such as COVID-19, and dictatorships, to scale their company for growth or change its trajectory. A Grenadian passport offers all of the above, but it also opens even more particularly attractive windows of opportunities.

The costs, benefits, and time involved in obtaining a Grenadian passport are more than convenient, and best of all, the procedure is buttery smooth.

First things first, how much does it cost to have a Grenadian passport? Well, that depends. There are two options for obtaining citizenship by investment on the island. 

Ø    The first way to obtain a Grenadian passport is through a non-refundable donation to the Grenada National Transformation Fund. The minimum investment for a family of four that chooses this option is $200,000, although if you want to obtain it only for yourself, the investment drops to $150,000.

Ø    The second way to obtain citizenship by investment in Grenada is by investing in real estate. With this option you must pay attention to three things:

·            The investment must be made in a government-approved project for the CBI program.

·            The minimum investment amount is $220,000.

·     The investor will be able to resell title-deeded real estate after five years of obtaining his citizenship and passport.

In Mundo, we have access to fantastic real estate investment opportunities with some of the top developers in Grenada, who can also offer advice for the CBI program. All their properties qualify for application to the program. If you want to know more, check out our investment article.

Regarding the application process, it is quite simple and is usually completed in around 60-90 days, which is incredibly quick, even when compared to some Caribbean CBI programs. Let’s break it down:

Ø   The first step is a preliminary review. Choose the type of investment for which you want to obtain Grenadian citizenship and sign the contract with our experts.

Ø   The second step is to prepare the application case after the contract has been signed. The due diligence check must be paid by the applicant plus 10% of real estate costs or rotation amounts. This step can take up to two weeks.

Ø   The third step is to submit your application and documents to the citizenship investment agency.

Ø   The fourth step is quite simple: just drink some Grenadian tea and wait. After you submit your application, you can wait for the Government of Grenada’s approval, which can take about two months.

When the Government of Grenada approves your application, you are in the final step. It is time to pay the rest of the investment and fees. After that, the citizenship by investment agency will issue your certificate of naturalization, and your case agent will receive your passport on your behalf to forward it to you (or you can travel to Grenada if you wish).

Grenada has one of the most advanced programs in the world when it comes to obtaining citizenship by investment. This destination attracts more investors than other Caribbean islands for several reasons, including:

Ø   The application and processing time is lightning-fast: you can have citizenship in just two to three months. You read that right, 60-90 days, and you will be ready to enjoy your life in a tropical paradise. Grenada’s CBI program’s processing times are much faster than most European programs and virtually the same as those of other Caribbean islands.

Ø   You can include your spouse, dependent children who are up to 30 years old, and your parents or grandparents over 55 years old. Even better, you can also add your unmarried siblings if you wish.

Ø   Grenada’s government doesn’t even require your physical presence to apply for citizenship. Just amazing.

Ø   Along with the above advantage, you’ll also like to know that citizenship by investment in Grenada does not require you to do interviews or have any particular educational or work experience.


Requirements

Aside from the above-mentioned requirements, you must consider the following fees:

Ø   Additional dependent after the third: $25,000.

Ø   Application fee: $1,500 per person.

Ø   Due diligence fee: $5,000 per adult, none per dependent child under 16-years-old.

Ø   Processing fee: $1,500 per person.

Also, the general requirements are demonstrating the following:

Ø   The main applicant is at least eighteen years old.

Ø   Is in good health.

Ø   Has enough funds to make the investment.

The following documents must be submitted with the application:

Ø   Certificate of good health

Ø   Police clearance

Ø   Proof of source of funds


What makes the Grenadian CBI program special? The American E-2 Visa

If you thought that Grenada could not be a better choice after reading all this, you are wrong. It can be better. One of the most compelling attractions of Grenada’s citizenship is accessing the advantages of its treaty with the United States that makes it possible for Grenadians to obtain E-2 visas to work and do business within the territory of the United States.

This treaty came into force in 1983, with Ronald Reagan as President of the United States. Every year, dozens of Grenadian citizens are approved for this visa program. It should also be noted that Grenada is the only country in the region to have such a treaty with the United States.

Applications from Grenadians for the E-2 visa are processed through the American consulate in Barbados. Applicants must be prepared to develop their ventures in the United States to apply. Generally, this visa is granted for five years and can be renewed indefinitely as long as the business in the United States remains in operation. However, the application process is rigorous.

The applicant must prove his/her ties to Grenada, so it is practically necessary to demonstrate a physical presence in Grenada’s territory. Owning a title-deeded property showing a nexus to the country is an advantage. It is also possible that the North American immigration authorities may require the applicant to have some level of proficiency in the English language to demonstrate that the person can successfully conduct business in the United States. As for investment requirements, there is no formal minimum specified, but most cases require a substantial investment amount of at least $100,000.

The spouse of the E-2 applicant has open market employment opportunity and their children (under the age of 21) are eligible for in-state tuition, in most states. The E-2 applicant and family members can spend as much or as little time in the US as they wish and can reside in the US while their permanent residence (EB-5) applications are pending.

Fortunately, processing times are quite fast. An application can take up to two months to process, which is not bad for a gateway to doing business in the US.

If you consider the costs of obtaining Grenadian citizenship and the possibility of obtaining an E-2 visa to do business in the United States, we are talking about an investment of at least $350,000 (it’s higher if you choose the real estate path towards citizenship) and a processing period of 6-8 months. It isn’t easy to find any other citizenship by investment program that can even come close to Grenada’s. You can be doing business in the US in seven months if you start your application to the Grenadian CBI program and follow it with an E-2 visa application.


Who are we, and what can we do for you?

Together with NTL, we, at Mundo, have been helping to protect the assets and the freedom of high net worth individuals and investors around the world for over 25 years.

Our compass is guided by freedom. We sincerely believe that people have every right to protect their assets and secure the legacy they have worked for throughout their lives.

We know that the world as it is today does not make things easy for people who want to protect their money and continue to produce value. We also know that there are not many places left where you can feel entirely free. That’s why we offer an escape to a tropical paradise like Grenada; a place where you can not only continue to develop your business, but also enjoy a sense of safety and freedom like nowhere else.

Grenada has an unparalleled program. From its swift processing times to your passport facilities, going through the paradisiacal characteristics of the country, and ending with the possibility of opening the doors for you to do legitimate business in the United States, in the ranking of investment destinations to obtain a passport that guarantees freedom, Grenada is at the top.

Our experts in Grenada can help you acquire a property in one of the top approved real estate projects in Grenada that will give you access to the CBI program through real estate investment. They can handle your application, help you collect all necessary documents, and guide you step by step through the application.

Grenada is considered the best Caribbean CBI program. It will help you provide your family with enhanced security and comfort. What are you waiting for? Contact us right now and obtain a Grenadian passport!

Contact us now

All Countries
arrow
All Tags
arrow