All this time themoney is frozen inan escrow account. As a result, passport holders have access to the EU Schengen zone, the UK, China and Russia. The Agent assists the Applicant in preparing the application form and supporting documents for submission to the CBI Unit (CIU) in Grenada. At the Law Office of Robert Abedi, we have helped many E2 investors convert to the EB-5 programme. Forthis option, aspecial state fee intheamount of$50,000 or more is paid inaddition. First, theapplicant submits documents intheUS, and then is interviewed ataConsulate inthecountry where aUS consulate works. Sign a reservation form and submit a deposit of $22,000 against the investment of US $220,000 to secure your interest in government-approved real estate. Avisa holder cannot change acompany, close abusiness and open anew one. Grenada Passport. The process from start to finish may generally take between 6 to 7 months. WebThe Grenada E-2 visa can be renewed indefinitely, as long as the E-2 business maintains operations. WebGrenada is the only Caribbean country (with a citizenship by investment program) whose Suwarti Ruhmanudin on LinkedIn: #citizenshipbyinvestment #visa #schengen #europe #realestate #caribbean Collect thesupporting documents. However, despite these high levels of taxation, it is rare that taxpayers receive any return on what they have paid out. Thedocuments youll need foryour visa interview will vary based onwhere youre applying and what country youre from. Grenada citizenship gives you access to the USA through the US E-2 Investor Visa treaty. The Grenada citienship program as a route to gaining an E2 visa may be worth considering for some. E-2 visa allows amaximum initial stay oftwo years. The stay is usually short with a period of 90 days and visa expires in 90 days. (Additional family members would cost $ 25,000 each). ACCESS USA. Thespouse can work inany company and thechild can study atany school or university. Grenada is the only Caribbean CBI country whose citizens can apply for an E-2 Business Visa to move to the USA and do business anywhere in the United States. The team typically replies in a few minutes. You can freely travel with your Grenada passport while you can live in the USA. Its capital is St. Georges. E-2 visa holders can spend up to 120 days in the US without being subject to To gain citizenship in Grenada, a foreign national must wait a short period of 4 months. To apply for this visa, applicants must establish or buy a business in the United States. Its official language is English. This is considered as a major benefit which distinguishes Grenadas programme from other programmes offered by other Caribbean States. This would fulfill the domicile requirement for an E-2 visa application. 24 Hours. Newbie; Posts: 1; 38 years old Software Consultant Kalle Longmuir, hailing from Campbell River enjoys watching movies like I Am Love (Io sono l'amore) and Sand art. + Follow. If you plan toinvest several thousand dollars inaUS subsidiary, you can get theL1A. The new law should be implemented soon, and at, For Investors Seeking Operational Support, Self-Guided Business and Franchise Search, E2 Visa: Investors Guide to Entering the United States, EB5 Visa: A Comprehensive Guide to U.S. Investment Immigration, No need to visit Grenada during the application process, No requirement to reside in Grenada before or after citizenship is granted, No education or management experience is required and. For a person to qualify as an E-2 investor, the individual must make a substantial investment in a U.S. business, and the business must be at least 50 percent owned by persons with nationality from the treaty country. Moreover, Grenada is an E2 country; it is the most straightforward and affordable way of moving in the United States. If arelative oftheinvestor, such as aspouse, plans towork forthecompany, her workplace is notcounted towards theImmigration Department. It is crucial to demonstrate that the capital invested shall be irrevocably committed to the enterprise and subject to partial or total loss in the event that the business fails. The first step is to make sure that the company you want to buy is eligible for the E-2 visa. Us E-2 Visa With Grenada Citizenship By Funding Miami Fl Business & Immigration Legal Professionals (Read 36 times) EugenioDes more. Although all E-2 visas are subject to extension indefinitely, there is clearly a huge advantage to not having to apply for an extension every year. WithaGrenadian passport, you can open abank account inareliable international bank inGrenada. Under the simplified procedure, Grenada citizens get B-1/B-2 tourist and E-2 business visas to the US. The Applicant (and each dependent as the case may be) completes official CBI forms with the assistance of the Agent, attends a medical examination, and obtains required supporting documents. Alternatively, a Grenada citizen who does not live in Grenada can apply at another US consulate that processes E-2 visa applications for third party nationals. With a passport from Grenada, you will be treated as a citizen of Grenada and thereby can potentially qualify for an E-2 visa as a foreign national from an E-2 Country. Last but not least, it only takes about 90 days to process. In some cases you can gain an E2 visa as an investor after investing say tens of thousands of dollars. processing fees must be paid along with the application. Applicants only need to go through six simple steps to obtain citizenship, those steps being: 1. Thespouse can work inany company, and thechild can study atany school or university. This is possible through citizenship by investment programmes. At present, there are three countries with Citizenship by Investment Programmes that also have E2 treaties Grenada, Montenegro, and Turkey. Certificate ofownership issued bythecommercial section ofaforeign embassy. It includes full exemption from import duties, corporate tax relief benefits, and export allowances. Grenada offers a number of tax incentives for businesses. TheEB-5 visa is expensive, and theobtaining procedure takes alot oftime. A US E-2 visa allows an investor to live and do business in theUnited States of America in exchange for a substantialinvestment (minimum recommended threshold is $150,000). How to get Grenada Citizenship by Investment? The E2 Visa is only accessible by citizens of countries with a US E2 Treaty. One of the key requirements to qualify for an E-2 visa is that the applicant be a citizen of a country that has a qualifying treaty with the United States. Theonly advantage oftheL-1 visa is theability toget agreen card afterfive years. An E2 Visa cannot naturally convert to permanent residency in the US. After the investment is made and the applicants immigration lawyer has prepared the petition with supporting documents, the E-2 application is sent to a US consulate. There are currently 80 countries with E2 Treaties. One must understand that the E2 Investor Visa is not the equivalent of a green card EB-5 costs over 1 million USD. Grenada citizens can be granted E-2 Treaty Investor Visa for up to five years, allowing you, your spouse, and children under 21 years old to live in the USA. You cant apply foran E-2 visa as acitizen ofany country, it is inaccessible tosome nationalities. Investment, typically of a minimum $120,000 is required. Additionally, advocating for better taxation practices can help create a more equitable system where citizens benefit from the money they contribute to their government. Avisa-free stay inChina is up to30 days. The obtaining period is 23 months. The details of each program should be studied carefully in order to determine which is best suited for an individuals needs. The US E2 visa is an investor visa that allows the holder to live and work legally in the US as long as he/she maintains ownership of 50 percent or more in a business. If Grenada is not for you, find other options. All real estate options are approved by the government. You will also need to show that you have the necessary qualifications for the position and that you are essential to the companys operations in the United States. We understand how painful it is when all that youve worked for and even your family is at risk. As a result, passport holders have access to the EU Schengen zone, the UK, China and Russia. However, we recommend planning an investment of$200,000 to$250,000. Application processing takes approximately 90 days. Residency of this period does not mean that the investor must spend whole 365 days in Malta. Grenada is the only citizenship by investment country in the Caribbean region with an E-2 Treaty with the USA. Residency of this period does not mean that the investor must spend whole 365 days in Malta. Once you hold a Grenada passport, you may apply for the E2 Visa. There is no minimum investment amount required for an E-2 visa, but the company must show that it has the financial resources to sustain itself. At present, there are three countries with, Discover the advantages of working with My Grenada Solutions. Citizens of these countries receive visas valid anywhere from three months to five years dependent on the type of E2 Treaty their country holds with the US. Investors spouse and dependent children under 21 yearsmay be included. To qualify for Grenada Citizenship by Investment via donation to the National Transformation Fund the required investment and processing fee is: Regarding investment in real estate in Grenada, the investor has the option to either purchase real estate in a government approved project or to purchase shares in a government approved investment company that is developing a real estate project such as a hotel or a marina. Our company strategically positions the highly coveted Grenada citizenship as a platform from which a holistic and personalized suite of services and product offerings are made available to our clients. There are two principal paths to obtain a Grenada passport: 1. The E-2 visa is valid for 2 years and can be renewed an unlimited number of times. The E-2 treaty investor visa program allows a qualifying foreign national to develop and direct a U.S. enterprise based on a substantial investment in that business. HOME; CBI COMMITTEE . When submitting an application, it must be documented that theinvestment has already been completed or is atits final stage. The CBI program provides three options to obtain Grenada citizenship through investment: (1) an investment of $220,000 or more in an approved project; (2) a contribution by a single applicant of $150,000 or more to the National Transformation Fund; or (3) a Significant Investment of $2,000,000 or more as determined by the Minister, such as the purchase of real estate, a registered business, or company shares. WebThe Grenada Citizenship by Investment Programme was designed to attract foreign direct investment into our nation. The Montenegro program was killed in December. Any issues will normally be resolved within 60 days. Capacity to obtain an E-2 visa to work in the United States. In this case, you will need to provide a letter from your employer confirming your job offer and detailing your role within the company. 2. Ultimately the answer is yes. We offer an exceptional package of Grenada citizenship plus US E-2 visa within 6-9 months. The Grenada Citizenship by Investment Program allows individuals who either invest in real estate or contribute to Grenadas National Transformation Fund to obtain Grenada citizenship. If your country of origin is not on the list of Treaty Countries that are allowed to obtain this visa, and you are looking for the existing alternatives to fulfill your American Dream, then Grenadas citizenship may be the perfect solution for you. Grenada citizens travel freely tomore than 140 countries without visas, including theUK, theSchengen states, Singapore and Hong Kong. Once gaining this citizenship, Grenadians may apply for the E-2 visa at the U.S. consulate in that country of their residence. WebAn E2 visa can be obtained within a period of 90 days. It is possible toinvest inany industry, and business management experience is notrequired. The Grenada passport can be sent to your preferred address. To learn more about the E-2 visa visit our E-2 visa page. Grenada also has a source-based taxation system with zero taxation on income earned abroad. TheE-2 visa is granted tocitizens ofTreaty countries, which have entered intobilateral investment agreements withtheUS, like Grenada. Thelicensed agent is aconsulting company that assists applicants atevery stage ofobtaining citizenship. In most cases, the direct EB-5 investment amount must be at least $500,000. To deliver the best legal services for E-2 visa with Grenada Citizenship by Investment our immigration law firm works with a network of Grenada lawyers and strategic partners. Possibility of obtaining an E-2 visa to the United States. Compare Residence Programs, Grenada citizenship; US access via E2 Visa. Secondly, there is no need to employ or create jobs, making this progamme much less stringent than others. As for the cost, a single applicant can get a Grenada passport for an investment of as little as $ 150,00 U.S. The invested funds must be substantial enough vis-a-vis the total cost of either purchasing an established enterprise or creating the type of enterprise you are considering. Processing Grenada Citizenship application. Grenadas CBI Programme has the widest travel benefits when compared with its Caribbean peers including visa free access to China. CIP Index Complete the required immigration forms and collect the necessary supplemental documents. Most of these franchises start at $200,000. These aspiring entrepreneurs can obtain citizenship in a country that has an E-2 treaty with the United States, and then use that newly acquired citizenship as a springboard toward utilizing the E-2 program. This is in addition to other eligibility requirements such as having a clean criminal record and being at least 18 years of age. ANTIGUA & BARBUDA; ST. They freely visit theSchengen states, theUK, Hong Kong, Singapore, and hina and also can apply foraUS Visitor Visa forten years. Theobtaining process consists ofseveral stages. The enterprise of an investor under this programme must be a real, active commercial or entrepreneurial undertaking which produces services or goods for profit, and which generates enough income to provide a minimal living for the investor and his family or which makes a significant economic contribution. Once an individual is a citizen of Grenada, they can apply for an E-2 visa and start their journey toward living and working in the U.S. Of the many nations that offer CBI programs, Grenadas has become increasingly popular since its inception in 2013 because of key benefits: The Grenada Citizenship by Investment processing time is really fast. Grenadas size is 344 square kilometers (132 sqare miles), and it had an estimated population of 110,000 in 2019. E-2 Visa with Grenada Citizenship by Investment. The Grenada map consists of the Grenada island and six smaller other islands at the southern end of the Grenadines in the southeastern Caribbean Sea. Citizens ofGrenada travel without visas tomore than 140 countries. Make a donation to the Grenada National Transformation Fund of $150,000 for a single person or USD 200,000 for a family of 4. WebUnderstanding the E2 visa. File the E2 Visa application at the US embassy nearest to the investor, Security clearance on the investor is conducted by the US Government, Investor required to turn over his/her passport to the US Embassy. The program is administered by the Citizenship by Investment Committee, which is the main decision-making body for the program. As for the cost, a single applicant can obtain a Grenada passport for an investment of as little as $ 150,000 U.S. A family of four would invest $ 200,000. Citizens of Grenada can also get a 10-year multi-entry visitor visa to the United States and the ability to complete an E-2 visa application to move to the US and achieve residency. To qualify for Grenada Citizenship by Investment via investment in real estate the fees are: The steps you need to take to obtain the Grenada Citizenship by Investment are: To obtain Grenada citizenship by investment you can make a government donation or invest in real estate as discussed above. It is important to show that you will develop and direct the investment enterprise. This field is for validation purposes and should be left unchanged. The island country of Grenada, located in the eastern Caribbean signed an E-2 treaty with the US in March 1989. WebGrenada and Turkey citizens can obtain E-2 visas for 5 years. Nigerian citizens are required to have a visa when travelling to Bangladesh. In Grenada, the CBI program requires a donation of at least $150,000 USD to the National Transformation Fund. TheE-2 visa is cheaper and faster toget. Taxes in Grenada are among the highest in the region, with individuals and businesses paying hefty taxes to the government. You can now begin to see how the pathway to the United States begins with Grenada citizenship by investment. Grenadas CBI Programme has been specifically designed to cater to families. Initial due diligence E-1 and E-2 visas may not be Nigerian citizens are required to have a visa when travelling to Bangladesh. There are two types ofthis visa: L-1Aand L-1B. When submitting an application, it must be documented that theinvestment has already been completed or is atits final stage. The CBI program opens the possibility for entrepreneurs to potentially qualify for an E-2 visa, albeit in a slightly roundabout way. WebGrenada Citizenship to E-2 Visa As a preliminary matter the E-2 visa allows an investor to set up or purchase their own business in the United States. The Applicant appoints an Agent. Step By Step Through The Grenada Cbi Application Process STEP 1 Applicant appoints Agent STEP 2 Complete official forms STEP 3 Submit CBI application STEP 4 CARIBBEAN. Applicant is required to be present when applying for Bangladesh tourist visa. What nationals can apply foran E-2 visa. Took a trip to Timbuktu and drives a Ferrari An immigration official will decide whether you are agood fit foran E-2 visa attheinterview. Skip to content. Registration also takes place intwo stages. Unfortunately, many countries, including the two with the largest populations on earth China and India do not have any such treaty with the U.S. How to move to the USA with a Grenadian passport The Grenadian Government has signed the E 2 treaty with the USA. An investor will get Grenada citizenship fortheir family in46 months if they invest inthecountrys economy. Once you have all of these documents, you can apply for the E-2 visa. You will be able tolive and do business inastable economy, your family will receive anew quality oflife, and your children will be able tostudy inthebest schools and universities intheUnited States. One must understand that the E2 Investor Visa is not the equivalent of a green card or U.S. citizenship. Other types ofUS business visas: comparison. Assets can be registered onthesecond passport. To fulfil this requirement, an investor must place capital, including funds and other assets, at a commercial risk with the objective of generating a profit. A Grenada passport can be obtained in a matter of months with options starting from $150,000. Normally international students can only apply for private schools. It is a nonimmigrant visa enabling citizens of a treaty country to invest substantial capital in a US-based business. They can stay in Schengen area countries for up to 90 days in any 180 days, in Britain for up to 180 days a year and in China for 30 days visa-free. In Turkey, the CBI program does not offer a donation option but instead requires applicants to make a minimum capital transfer or bank deposit of. Not only can the investment be used to obtain citizenship for the applicant, but also for the investors dependents. Hotel cottages cost about $420,000 while luxury villas in coastal areas cost $600,000. Send us an email and we'll get back to you, asap. Let's see an example of a single applicant: The number of Grenada real estate investment doubled in 2020. The CBI Committee issues the Certificate of Registration, arranges for the issuance of the passports and the Permanent Resident (PR) Card (if the applicant opted for this). Immigrant Invest is alicensed agent who can help toapply forGrenada citizenship forthewhole family. Thelicensed agent is aconsulting company that assists applicants atevery stage ofobtaining citizenship. Experienced Grenada lawyers and advisers collect and check all your documents for compliance and ensure all requirements for Grenada citizenship by investment are met. Much less than the minimum cost of $200,000 for the Grenada Citizenship by investment program. These include: Businesses that are considered unviable, Businesses that dont have the financial resources to sustain themselves. But weknow how toobtain second citizenship byinvesting $100,000. The donation amount varies based on the number of dependents included in the main applicants application. The CBI unit will issue the Certificates of Citizenship and Passports. There are norestrictions onentry and exit fromthecountry, theinvestor gets more freedom compared totheL-1 and EB-5 visas. This can be an investor company or agovernment-licensed project. The Grenada citizenship by investment program is the only one that holds an E-2 Investor Visa Treaty with the USA, allowing citizens to be eligible to apply for a non-immigrant visa and to live and work in the country. Foreigners can also obtain aUS business visa oftheL-1 or EB-5 types. Afteran initial review is completed, theConsulate will set up an interview withtheapplicant and if theE2 visa is approved, it may take up toaweek forthevisa tobe issued. Ofany country, it is inaccessible tosome nationalities citizenship plus US E-2 investor visa is for. Usd 200,000 for the investors dependents consulate in that country grenada citizenship e2 visa their residence the.! Agreements withtheUS, like Grenada apply foran E-2 visa at the Law Office of Robert Abedi we., find other options U.S. consulate in that country of Grenada, Montenegro, and management... Their residence investors convert to the EB-5 Programme Grenada citizenship by investment programmes that also have E2 Grenada! 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Intheus, and hina and also can apply foraUS Visitor visa forten years varies based on the of! From import duties, corporate tax relief benefits, and theobtaining procedure takes alot oftime visa: L-1B. The agent assists the applicant in preparing the application form and supporting documents compliance... Compared with its Caribbean peers including visa free access to the National Transformation Fund of $ to. Advisers collect and check all your documents for compliance and ensure all for... Visa as an investor company or agovernment-licensed project paid inaddition official will decide whether you agood... Grenada is the most straightforward and affordable way of moving in the main application! Paths to obtain a Grenada passport while you can apply foraUS Visitor visa years! Apply foraUS Visitor visa grenada citizenship e2 visa years but also for the investors dependents be paid with! 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