In the context of increasing globalization, obtaining citizenship through investment has become a popular trend for many entrepreneurs and families in developing countries with lower-ranked passports, and Vietnam is no exception.

Grenada stands out as an ideal and efficient destination in terms of time and cost for entrepreneurs and families. Located in the stunning Windward Islands of the Caribbean region, Grenada is not only a financial hub but also an active member of the Commonwealth of Nations, maintaining trade, commerce, and maritime agreements with the United States.

In 2013, Grenada reintroduced its Citizenship by Investment Program (Grenada CBI Program) and has since adjusted its Investment Law as of May 24, 2019.

Grenadian citizenship offers numerous superior benefits to entrepreneurs and families, including:

1. Global Mobility

Travel Globally: Grenada passport has visa-free access to 140+ countries and makes travel easier.

Free Access to China: Grenada, one of the only two Caribbean nations (the other one being Dominica) has signed special visa waiver agreement with China for business, travel or tourism for stays up to maximum of 30 days.

Access to the US via E2: Grenada citizens can apply for an E-2 Treaty Investor Visa to move to the USA and do business. The E-2visa is valid for 2 years and can be renewed an unlimited number of times.

2. Wealth Structuring

No taxes on capital gains, inheritance or global income for individuals.

Companies in Grenada pay tax on net income, VAT, social security contributions from salaries and a withholding tax.

Investor who buys real estate under the Grenada CBI program doesn’t need to pay additional taxes.

3. Growth Opportunities

Be able to trade with many other nations that your Grenada citizenship provides you access to. It opens the gateway to a wider business world with an ocean of opportunities.

4. Access to Top Education Resources

St. George’s University, an accredited Caribbean Medical School, is the largest provider of physicians into first-year US residencies for the last eight years.

Provide children with more opportunities to study in schools and universities in the US, UK and EU. In some casese they don’t need a student visa.

The program features relatively straightforward requirements and quicker approval times compared to other residency/citizenship investment programs. Acquiring Grenadian citizenship is the key for entrepreneurs and families to realize their dreams of global mobility, unrestricted living, and the pursuit of new opportunities in life.