This is one of the most economically competitive Caribbean countries, its tax policy is soft (real estate tax is up to 0.5%, you do not have to pay taxes on income received outside the island). The immigration program for investors, launched in 1997, has undergone 2013 is a very significant change, and now is quick (the solution will take a maximum of 4 months), confidential (the information that you have received dual citizenship is not disclosed) and extensive in terms of visa-free relocated I am the world.
The citizenship of Grenada is indefinite; it is especially convenient for those who care about the future of children: your heirs will be able to automatically receive it in the future, in addition, having a passport from this Caribbean country gives you the right to education in all universities in the UK, including the most high-status ones.
CLIMATIC AND ECONOMIC CONDITIONS, THE TAXATION SYSTEM OF GRENDA
The tropical climate is very gentle here - average temperatures range from 25 ° C to 28 ° C, irregular rains occur from June to November, Grenada, thanks to its location, is protected from typhoons. The relief of the island is hilly - low mountains with numerous waterfalls are covered with exotic vegetation. The legendary beaches of the resort island are the famous “pearl” sand and an abundance of tourist infrastructure.
The capital is St. Georges (the port, near which the famous medical university is accredited by the United States), is dominated by Christianity (Catholics, Protestants, Anglicans). The national currency (the country is a constitutional monarchy under the auspices of the Queen of Britain) is the East Caribbean dollar.
The country's main economic sector is tourism, as well as agriculture: plantations of nutmeg, bananas, avocados, mangoes and citrus fruits, cloves and cocoa trees, cotton. Experts include Grenada as a country that guarantees people with dual citizenship high financial security and banking confidentiality and the prospects for expanding profitable investment in business.
The country's tax policy is very flexible and gentle: individuals who live on the island less than 183 days a year are Grenada tax residents and pay taxes only on income received in the state. For residents, the tax is 30%, for non-residents - 15%. Capital gains, the receipt of property (including real estate) as a gift or by inheritance is not taxable.
For legal entities, the average tax rate on profits is 30%: Grenada is an offshore zone with a wide range of benefits.
The property tax rate varies, not exceeding, as a rule, 0.5%. Here plays the role of the intended use of the property. If you have citizenship of Grenada, the tax on the sale of real estate will be 5% of the cost.
THE PASSPORT OF GRENADA ON THE PROGRAM “THE CITIZENSHIP BY INVESTMENTS”
The government offers two schemes for obtaining citizenship based on:
- investments: an investment in one of the properties from the list approved by the government of the country, starting from 350 thousand US dollars (with the right to withdraw investment no earlier than 4 years, paying another 25 thousand for each dependent family member and paying an additional duty of 50 thousand);
- a donation (non-refundable contribution) of 150 thousand dollars to the National Fund for the Transformation of Grenada.
An applicant for a Caribbean passport may apply for Grenada citizenship for himself, a husband (wife) and children under 25 years of age, as well as elderly parents over 65 years of age. It also has to pay state fees for reviewing documents ($ 2,000 for children under 18 years of age and 3 thousand dollars for adult applicants from 18 years old) and the procedure for examining security (5 thousand dollars for adult applicants from 18 years old, 2 thousand dollars for dependent family members up to 17 years old).
Please note - the procedure for obtaining a second citizenship of Grenada will not require the applicant to come to the island, to provide a professional or managerial portfolio. After receiving a passport, it is not necessary to reside regularly in the country and take an examination of language proficiency.
VISA-FREE POSSIBILITIES OF PASSPORT OF GRENADA
The passport holder is entitled to free visits to more than 140 countries, including the UK, China and Singapore, which are usually accompanied by a long, multi-step procedure. The main advantage of obtaining a passport in exchange for an investment in Grenada is the only Caribbean program that gives obtaining a US visa E-2 Treaty Investor Visa ("entrepreneurial" or "investor" visa), which gives the right to open and run its own business in the United States.
Special amenities are opened for those who are interested in China for economic reasons: the Grenada passport allows you to stay in this very closed country for a year every 180 days without additional fees and documentary formalities (only nine countries have free entry to China).
If you have a Grenada passport, you can enter without a visa or with automatic receipt of an electronic visa, as well as a visa upon arrival:
- British Virgin Islands
- Venezuela (+ margarita)
- East Timor
- The Gambia
- Guinea Bissau
- Hong Kong
- Denmark and the Faroe Islands
- Dominican Republic
- Cape Verde
- Cayman Islands
- Costa Rica
- Ascension Island
- Isle of Man
- St. Helena
- Cook Islands
- Mauritius Island
- Pitcairn Islands
- Turks and Caicos Islands
- Papua and New Guinea
- St. Lucia
- Saint Vincent and the Grenadines
- Saint Eustatius
- Saint martin
- St. Barthelme
- Saint Kitts and Nevis
- Solomon Islands
- Trinidad and Tobago
- Tristan da cunha
- Falkland Islands
- Central African Republic
- The Czech Republic
- Sri lanka
- South Korea