Advantages

  • Eligible for the Citizenship Program
  • Children under 30, children born within 12 months of the granting of citizenship, parents and grandparents may be included in the program
  • Unmarried and childless siblings of the Main Applicant and/or Spouse can also be included
  • No physical residency requirements
  • No requirement to travel to Grenada during the application process
  • No interview, education or management experience required
  • No language requirements
  • Allows visa-free travel to over 130 countries, including Schengen Area, China, Russia, Hong Kong, UK, Singapore, etc.

Investment in Six Senses La Sagesse

  • 5-Star Prestigious Hotel
  • Investors can purchase a ‘qualifying’ share of ownership of the Six Senses La Sagesse Grenada
  • Investment starts at USD 220,000
  • Hotel construction is due to start in first half of 2020
  • Convenient and prime location

Benefits

  • Citizenship for life, including an unlimited number of eligible dependents
  • Tax free on income, capital gains, wealth and inheritance tax
  • Grenada allows Dual Citizenship
  • Ability to live, work and settle in any other member country of the Caribbean Community
  • Business haven with generous corporate tax regime
  • Local currency (XCD) is pegged to the US dollar
  • Security of an international developer and globally recognized brand
  • 7-night complimentary stay at the Park Hyatt St. Kitts or Kempinski Dominica each year during the construction period and 7-night complimentary stay each year at the Six Senses La Sagesse thereafter within the holding period

Requirements

  • No criminal record
  • Be in excellent health
  • Make a ‘qualifying’ real-estate investment which must be held for a minimum period of 5 years
  • Apply through an Authorized Agent

Security in the Investment

  • Government backed project supported and approved for the Citizenship-by-Investment program
  • Capital investment can be recovered after 5 years
  • No ongoing maintenance or service fees
  • Potential return of 2-5% per annum from commencement of hotel operation paid in US dollar
  • 5% Share Registration Fee is waived by the Government of Grenada for this specific project

Process (3-4 months)

  • Complete reservation form and deposit
  • Complete all application forms, payment of legal and due diligence fees as well as government processing fee
  • Upon approval, pay balance of the investment, passport fees and other government fees
  • Investor then obtains the Certificate of Citizenship