Hundreds of beautiful islands full of vibrant colors and magical scenery lie in the crystalline Caribbean Sea waters, attracting tourists seeking adventures by the thousands every year. Nevertheless, many of these islands are not sought-after only for their natural beauties and adventure opportunities. 

There are several citizenship by investment programs that you can access in the Caribbean, but very few come close to Grenada. This Caribbean island is the perfect place to live a luxurious life with a perfect balance between adventure and tranquility. 

Due to the increasing financial uncertainty and to the rise in regulations that took place during the last decade, more and more individuals are looking for the best citizenship by investment program to acquire a second passport. In only the past three years, the CBI programs have gained popularity and grown to be a 5-billion-dollar industry. 

The Caribbean is one of the regions with the most offerings in terms of citizenship by investment programs. Several islands offer investors their own version of paradise in these crystal clear waters, generally using low taxes, luxurious lifestyle, and business advantages to attract high-net-worth individuals.

In our goal of finding the best business opportunities and immigration options for our readers, the E-2 visa has a very special place because it combines both. Although it is not an immigrant visa per se, it allows for the possibility of freely entering and leaving the US, sending your children to school and allows the spouse to have a job in the country. 

The official word on Grenada’s Citizenship by Investment Programme is its promise of beauty where you can build your home and have the opportunity to invest and reap comfort and leisure for you and your family. 

A second passport can cost you a few hundred or thousand dollars in legal fees. That is, of course, if you acquire citizenship by marriage, descent, or by naturalization. This is the cheapest second citizenship you can acquire. 

Applying for a second passport can often be a bothersome process. It is expensive, complicated, and generally requires the assistance of an immigration lawyer.

50 years ago, most countries revoked the citizenship of someone who became a citizen of another country. However, today around 75 % of countries allow their citizens to hold foreign passports. 

In Mundo, we usually feature the best countries for citizenship by investment because we consider a second passport to be key in a nomad capitalist or perpetual traveler strategy.