Grenada. CITIZENSHIP By INVESTMENT PROGRAM.
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1 Grenada CITIZENSHIP By INVESTMENT PROGRAM
2 ABOUT GRENADA Grenada also known as the Spice Isle, one of the most beautiful and lush islands in the West Indies. Unspoilt and exotic, Grenada s dramatic scenery, tropical rain forests, waterfalls and golden beaches will appeal to visitors from around the world. Tourism is a recent phenomenon here, so you will find many deserted beaches and enchanting scenery. Ten to fifteen years ago, many foreign investors may have overlooked Grenada, but with the country s passage of the Grenada Citizenship by Investment Act of 2013, many investors are now taking advantage of all the benefits investing in Grenada - and Grenada citizenship -has to offer. Mahandru Associates is one of the most reputable and authorized institution in the MENA region in regards to Grenada Citizenship by investment program with a great record of success in previous applications of multiple high net worth individuals from different backgrounds. CAPITAL GOVERNMENT AREA ST GEORGES PARLIAMENT DEMOCRACY sq. km POPULATION 110,000 TIME ZONE GMT + 2 CURRENCY Eastern Caribbean dollar (EC$) EXCHANGE RATE US$ 1.00 = 2.69 ECD LANGUAGE ENGLISH ETHNIC GROUPS BLACK, MIXED, EAST INDIANS, WHITE, OTHERS LEGAL BASIS The Citizenship by Investment Programme came into being in August 2013, when the Grenadian Parliament passed Act No. 15 of 2013, otherwise referred to as the Grenada Citizenship by Investment Act, The stated objective of the Act is to enable persons to acquire permanent residence and citizenship of Grenada by registration following investment in Grenada.
3 Members Required Contribution Application and Passport fees Due diligence fees Processing fees $ 200,000 $ 1,750 per person $ 5,000 per person $ 1,500 per person $ 200,000 $ 3,500 $ 10,000 $ 3000 $ 200,000 $ 5,250 $ 10,000 and $ 5,000 for dependents aged 18+, $ 2,000 for $ 3, 000 and $ 1500 per dependent aged 18+, $ 500 for dependents under 18 $ 200,000 $ 7,000 $ 10,000 and $ 5,000 for dependents aged 18+, $ 2,000 for $ 200,000 plus $ 25,000 per additional dependent including and after the third dependent $ 7,000 plus $ 1,750 per additional dependent including and after the third dependent $ 10,000 and $ 5,000 for dependents aged 18+, $ 2,000 for $ 3, 000 and $ 1500 per dependent aged 18+, $ 500 for dependents under 18 + $ 3,000 Visit and Cyprus $ 1500 per dependent Every aged 2 years 18+, $ 500 for dependents under 18
4 SERVICE AGREEMENT The client signs a service agreement with Mahandru Associates Dubai for the complete set of services provided. Initial payment of the program will be credited ( 20% of the total program fees) Welcome kit will be released PREPARATION OF DOCUMENTS 1 WEEK Details of current investment and employment record will be collected All other essential documents will be prepared Finger prints and specimen signatures will be collected DUE DILIGENCE AND VERIFICATION 1-2 WEEK The government will acknowledge that they have received a complete application The global security and monetary checks will be done on the applicant Additional documentation will be requested on case to case basis - if required APPROVAL ON PRINCIPLE 8-10 WEEK The government will give the go ahead for the investment after a positive result The client will do the respective donation/ investment immediately The funds will remain in a government escrow up until a passport is received APPROVAL AND COLLECTION 2-3 WEEK Passport and citizenship documents will be released from the government Final payment of the program will be credited Passport and citizenship certificates will be collected by the applicant
5 GRENADA CITIZENSHIP BY INVESTMENT : ADVANTAGES Visa - free access to 124 countries (Schengen I UK I Singapore China I Hong Kong) Visa Treaty with the US, allowing citizens to be eligible to apply for a non immigrant visa Acess to E-2 Investor visa Citizenship may be passed down to future generations without restriction. Irrevocable Citizenship Lowest Capital Requirement for family application Fast processing in 3 Months. No visa Requirement
6 Corporate Office: Unit # 1703, International Business Tower - Business Bay, Burj Khalifa Avenue, Dubai, United Arab Emirates. International Office: Mahandru Associates Sp. z.o.o.o. ul Poznańska 7/2, Warszawa, Poland. Tel # Contact Center: Mahandru Associates
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