Welcome to visa-free travel with Grenadian citizenship
15 November 2018
By Christopher Willis
In today’s globalised business environment, the ability to travel freely across borders has never been more important. Applying for visas is an inconvenience that can be the difference between sealing a business deal and watching it fail from the other side of the world.
The right Citizenship-by-Investment Programme (CIP) allows you the freedom to travel visa-free, to key countries in the world. Not all CIP’s, however, give access to important global business centres. Here we look at Grenada's CIP, which provides excellent options for business people and investors looking for global mobility.
A powerful second passport
Christopher Willis, Latitude's Managing Director in the Caribbean, believes Grenada’s CIP is one of the most attractive for investors: “The Grenada CIP may not offer the most visa-free countries, but it does provide access to some of the most strategically important for business. To be able to fly to an important meeting at the drop of a hat gives you such an incredible advantage.”
Important visa-free countries accessible with a Grenadian passport
China is the world’s production powerhouse, responsible for 20% of global manufacturing output. For business people and investors, flexible access to such a strategically important country is a must-have.
Grenadian citizens can travel to China visa-free for 30 days at a time, a convenient benefit that is not available from any other Caribbean CIP.
The UK - and particularly London - is a hub of global finance and business. With cosmopolitan, multicultural cities spread across the UK, lucrative opportunities lie around every corner. Easy access to the UK is essential for global citizens, and Grenada’s citizens are entitled to visit visa-free for up to six months at a time.
Singapore is a major hub for finance and business in Asia. The strategically located nation has a strong economy and many of the region's most successful corporations operate from the country.
Grenada passport holders can enter Singapore without a visa, and are entitled to stay and attend business meetings for up to 30 days at a time.
With Singapore’s Changi Airport a major transit hub for long haul flights, it's a great perk that Grenadian citizens are free to leave the airport and enjoy the city when passing through, rather than staying within the confines of the airport.
Hong Kong is the financial centre that keeps the Chinese manufacturing machine ticking. Many of the region’s largest corporations have their headquarters on the island.
Grenadian passport holders are entitled to enter Hong Kong and conduct business meetings for up to 90 days without a visa.
Reside and conduct business in the USA (via E-2 Investor Visa)
The United States of America has long been referred to as ‘the land of opportunity’. The country was built by ambitious immigrants from all over the world and today is home to the world’s biggest corporations.
The US has notoriously strict immigration rules, and citizens of many countries are not eligible to apply for the E-2 visa. In order to be eligible to apply, you must be a citizen of an E-2 Treaty country. Many large countries, such as South Africa, Brazil and India, are not part of this treaty and therefore citizens of those countries cannot apply for the E-2 visa. However, if you became a citizen of a treaty country, you would then be eligible to make an application based on this second citizenship. Grenada is one such treaty country and acquiring economic citizenship from it would make you eligible to apply to the US under the E-2 visa.
The E-2 visa grants Grenadian citizens the right to live, work and conduct business in the USA for up to 5 years at a time. E-2 visa applicants must make a significant investment in a US-based enterprise and be actively involved in running the enterprise. E-2 visas extend to the main applicant’s spouse and children, allowing them to work and study anywhere in the USA.
More benefits of Grenadian Citizenship
Grenada’s well-established CIP offers a streamlined path to citizenship with a contribution from $150,000 USD or an investment in a government-approved real estate development, from $350,000 USD. The real estate must be held for a minimum of three years.
Citizens of Grenada don't pay foreign income, wealth or inheritance taxes on their worldwide wealth.
Start your journey today
If this is the type of freedom you want for you and your family, contact Christopher Willis using our contact form and we can assess your eligibility.