Grenada is a beautiful country suitable not only for travel but making a second home. Earning the Grenada second passport is not difficult if you diligently follow the administrative process. There are some interestingly valid reasons to make the country a second home. Here is a list of 10 reasons.
Page Content
Application Process Is Fast
You never waste any time in applying for citizenship. The process is pretty fast. There are no administrative hassles. You never face any delays. Everything moves on smoothly.
No Need of Residency
You don’t have to fulfill any residency requirements to get the passport. There is no such obligation you need to take care of. Also, you don’t require learning the local language of the country.
The Citizenship Is for lifetime
The good thing about citizenship is it is valid for your lifetime. It means it is completely permanent in nature. You don’t have to worry about it lapsing. Once you get it, you hold it for your life.
Recognition of Dual Citizenship
Another positive feature about Grenada is it recognizes dual citizenship. You don’t need to discard the citizenship of your birth country. You can conveniently keep both citizenships.
Option for Family-friendly Citizenship
The country also has the provision to get your family members citizens through an easy process. There are no hurdles in the procedures. It does not take much time, either.
The Investment Is Cost-effective
You can invest in the real estate sector of the country. It provides you handsome returns. The margins are heavy. Your investment would be very cost-effective from a financial perspective.
Unlocking the Commonwealth
You will have no issues traveling to 52 Commonwealth Nations once you get Grenadian citizenship. Moreover, the trading deals would be easier. Everything would be under your control.
Impressive Global Mobility
There would be a huge advantage as far as international mobility is concerned. You can even travel to China without a visa. There are 120 countries where you can enjoy visa-free travel / visa-on-arrival travel with a Grenadian passport.
USA Opening Doors
There is also an added benefit of applying for the prestigious E-2 Investor Visa to visit the US. It is due to the fact that Grenada is one of the US Treaty Nations.
Tax Regime Is Attractive
The country also has a very attractive tax regime. You would be extremely delighted to know that there are no wealth and capital gains taxes. You also don’t have to pay taxes on foreign income.
Consult an Expert
Talk to an expert about major aspects of citizenship by investment.
My favorite Quotation is Friends love you the way you are; wife loves you and wants to make another person out of you.
– Gilbert Chesterton
