But weknow how toobtain second citizenship byinvesting $100,000. 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. Moreover, Grenadianinvestors may benefit from a number of ways which will allow them to legallyavoid paying US taxes on worldwide income, making this visa ideal for those seeking to engage their business in a highly fast-paced, yet lucrative business environment. A Grenada passport can be obtained in a matter of months with options starting from $150,000. In46 months. Payments fortherental ofbusiness premises or offices. 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. +44-207-292-2977. E-2 visa validity period is two years. All Rights Reserved. Real estate investment of$220,000 regardless offamily composition. 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. Avisa holder cannot change acompany, close abusiness and open anew one. There is currently no mandatory interview requirement for the Grenada CBI Programme. The first step is to make sure that the company you want to buy is eligible for the E-2 visa. It is issued toinvestors who plan toinvest inabusiness intheUS from$500,000 foratleast five years. Provided that all documents are in order, the processing time is approximately 90 days from submission. The E-2 typically requires an investment of around USD 250,000 and is renewable indefinitely as long as the applicant maintains the business activities. Foreigners can also obtain aUS business visa oftheL-1 or EB-5 types. Prepare required documents. Thecompany must have financial stability, growth and evidence offinancial statements. Why use Grenada citizenship to obtain E-2 Visa? There are norestrictions onentry and exit fromthecountry, theinvestor gets more freedom compared totheL-1 and EB-5 visas. This is an investment visa that is issued to entrepreneurs and is extended as long as business in the United States develops. Ability to immediately migrate and commence work in the E2 business. You might also like Recent Posts The Commonwealth of Dominica: The New HQ For Your Business TheE-2 Treaty Investors is anon-immigrant visa issued forinvestors who want tostart abusiness intheUSA. The processing time for this visa is usually 1-2 months, but an expedited service is available for an additional fee, which reduces the processing time to 15 days. However, no minimum capital requirement is imposed. Collect the required documents. In addition to the donation amount, you should also pay the government processing, due diligence and passport fees. Why use Grenada citizenship to obtain E-2 visa? Place the investment amount for the business opportunity in an escrow account. Citizens of Montenegro are limited to 1year E-2 visa issuance. Thelicensed agent is aconsulting company that assists applicants atevery stage ofobtaining citizenship. To learn more about the E-2 visa visit our E-2 visa page. TheE-2 is cheaper and faster toget compared toother types oftheUS business visa like L-1 and EB-5. You can now begin to see how the pathway to the United States begins with Grenada citizenship by investment. 2023 Malescu Law P.A. TheL-1 visa sets aduty towork foraparticular company. One must understand that the E2 Investor Visa is not the equivalent of a green card or U.S. citizenship. HOME; ABOUT US; PROGRAMS. Grenada citizenship is one of the best options for a second passport due to its transparency of policy, education, and passport power. 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. You must pass the due diligence process and not be associated with criminal activity or terrorism. The government had promised that it would fund infrastructure projects, help with job creation, and spur economic growth in the country. Taxes in Grenada are among the highest in the region, with individuals and businesses paying hefty taxes to the government. With the U.S. E-2 Visa, your children can study in the US primary and secondary public school for FREE. The E2 visa is also a type of investment visa. Requests forextension ofstay may be granted forup totwo years each. There are different ways for Grenadian citizens to obtain an E-2 visa, depending on their business situation. Grenada Citizenship by Investment Processing Time. It is located northwest of Trinidad and Tobago, northeast of Venezuela, and southwest of Saint Lucia. WebThe amount of the E-2 investment can be used as part of the direct EB-5 investment. 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. Other countries that do not have an E-2 visa treaty are China, Russia, India, Brazil, Peru, South Africa, Nigeria and many more. Grenada and Turkey are two countries that offer Citizenship by Investment (CBI) programs, allowing foreign nationals to become citizens of their respective nations. Much less than the minimum cost of $200,000 for the Grenada Citizenship by investment program. Your complete application is submitted to the Government via an authorized local agent, as required by law. You must prove that you own atleast a50% stake inthecompany, submit abusiness plan and pay fees. Business & Immigration Lawyers. Benefits of the Grenada Citizenship option for E-2 Visa. 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. Most of all, when investing money in second Citizenship, you want to ensure it works hard for you. Grenada also has a source-based taxation system with zero taxation on income earned abroad. There is an unconventional solution that can be used by investors from India, China, or other countries that lack a qualifying treaty. Click one of our member below to chat on. An investor will receive aGrenada passport fortheir family in46 months if they buy real estate or make anon-refundable contribution. Though purchasing a franchise with a pre-defined business model and management structure may be efficient for some investors, it is always advised that investors purchase or create businesses in keeping with their interests and specialities especially as the business will be their sole form of employment within the US. WebWe offer an array of post naturalisation services; from residency requirements to company formation and tax registration, bank account opening, deed poll, passport renewal and E2 Yes, but its issued forten years without much trouble. Learn More, The Murthy Law Firm can conveniently and efficiently consult and/or represent clients located anywhere in the United States or abroad on U.S. immigration matters. This is in addition to other eligibility requirements such as having a clean criminal record and being at least 18 years of age. The committee comprises seven people with experience in law, finance, trade, and administration who all answer to the Minister. Grenada is one of the countries that has both an E-2 visa treaty with the US and a Citizenship by Investment Program. WebGrenada property market is expected to expand by 1.8% in 2016 due to increasing number of foreign buyers. Grenada citizens travel freely tomore than 140 countries without visas, Yes, but its issued forten years without much trouble, No, but theholder is towork inaparticular company, Nodefinite requirement, but usually is $200,000+, No, but thevisa can be extended indefinite amount oftimes. Reservation Grenada is a member of the United Nations, the OAS (Organization of American States), and the Commonwealth, which offers personal protection in member countries across the globe. This is possible through citizenship by investment programmes. To apply for this visa, applicants must establish or buy a business in the United States. Grenada is the only Caribbean country whose citizens (including economiccitizens) are eligible to apply for a US E-2 visa. Fast processing,US E-2 visa can generally beobtained within 3 months. 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. To obtain an E2 Visa, investors must first establish a business in the US. The Grenada government vets each citizenship application. 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). Requests forextension ofstay may be granted forup totwo years each. Theprocess takes about four months. Your spouse, minor children, parents, grandparents, siblings and dependent children under 30 can also be included even if they do not study. | Web design by Silva Heeren. The donation amount varies based on the number of dependents included in the main applicants application. The country has virtually no crime and offers a high standard of living to all its' citizens. You renew thecard while thecompany develops and generates income. EB-5 costs over 1 million USD. Complete the required immigration forms and collect the necessary supplemental documents. This includes companies that are registered in the United States, as well as companies that are branches of foreign businesses. Conditions forfamily members oftheinvestor are thesame forall ofthelisted visas. Citizens of Grenada can enter visa-free 144 countries. Published Sep 13, 2022. The Agent then submits proof of payment and completion to the CBI Committee. WithaGrenada passport, you can get aB-1/B-2 visa totheUS. Residency of this period does not mean that the investor must spend whole 365 days in Malta. Applicant is required to be present when applying for France schengen visa. Citizens of Montenegro are limited to 1year E-2 visa issuance. The EB-5 Programme has been a popular choice for many high net worth individuals looking to migrate to the US. TheEB-5 visa is expensive, and theobtaining procedure takes alot oftime. Your spouse can work in the United States. Citizens of Grenada can apply for E-2 visa interview at the U.S. Embassy in Bridgetown, Barbados. Applicants with a clean criminal record and do not suffer from any contagious diseases can apply for citizenship after holding the permanent residence for one year. Other types ofUS business visas: comparison. This is in addition to other eligibility requirements such as having a clean criminal record and being at least 18 years of age. Information you submit to us is processed as per our Privacy Policy. 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). Capacity to obtain an E-2 visa to work in the United States. You can freely travel with Withan E-2 visa, you can live intheUnited States and apply foran EB-5 immigrant visa. You can bring your spouse and children under the age of 21 to live in the US on an E-2 visa. Grenada citizenship for Indian will provide a safe alternative. This means that an E-2 applicant must provide evidence they have consistently lived within this qualifying foreign country for at least 36 months, without interruption.]. 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 $500,000 USD. The government requires that applicants get fingerprinted to conduct a background check. In most cases, the direct EB-5 investment amount must be at least $500,000. Want to ensure it works hard for you citizenship, you should also pay the government promised... Has virtually no crime and offers a high standard of living to all its '.... Of investment visa Grenada is one of our member below to chat on members! 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