Grenada Citizenship by Investment Program – Here’s What You Should Know
If you are from the UAE and are wanting to get citizenship in Grenada, there is a given set of guidelines and principles that must be followed by you. One straightforward and convenient way to get citizenship in Grenada is by the Grenada citizenship by investment program. This program is straightforward but comes with certain regulations to follow.
If you want to make this process convenient for you, or if you want to get more information about the program, there are a few things which will assist you in understanding the process of the Grenada Citizenship by Investment Program better. Have a look.
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About the Program
Grenada is a country that has a Grenada Citizenship by Investment Program that enables international investors to gain passports to the nation. These passports are obtained by making a considerable amount of investments or contributions by individuals. These individuals then have a chance to advance access to a second citizenship.
Investment Opportunities
As mentioned earlier, an individual is permitted citizenship in Grenada only if they make substantial financial contributions in the country. These financial contributions can be made in two important sectors; the properties of the country and government funds. If the individual wants to invest in properties, they need to invest a minimum amount of $350000 and must be held for a minimum of five years. The other option available is the National Transformation Fund. the individual can make a minimum donation of $150,000 there.
Applicable for Applicant’s Family
The Grenada Citizenship by Investment Program permits individuals to add their dependent members of the family to the application. This includes the individual’s spouse, parents, and also dependent children. Additional fees could be charged on the addition of dependents. More members on the application also mean more financial investments.
Duration of the Application Process
All the procedure from approval of the application to gaining your citizenship takes roughly about 5-6 months. Once the formal appeal is filed, sent to officials, and is accepted, the individual needs to provide proof of investments done. Once all of the procedures are completed, the individual is allowed citizenship.
There is a lot more that goes into the admission process, the donations and or investments, filling out the application forms, communicating with the officials while also keeping in mind all the terms and conditions. For any further queries or assistance, you can contact PassPro Immigration. Talk to the concerned personnel and get your application process done smoothly.
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