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How Second Citizenship from Grenada Expands Access to A World of Business Opportunities 

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Grenada’s Citizenship by Investment program continues to stand out globally; not only for its easy application process and high success rates, but also for the strength and benefits of the passport and how easy it is to do business in and outside of Grenada. For the discerning businessman or woman, or someone looking to start a business, securing second citizenship status with Grenada may be the gateway to gaining greater global access to start or expand your business. 

Here’s how: 

  1. Citizens Can Apply for the US E2 Investment Visa 

The E-2 Treaty Investor Visa is part of the family of U.S. visas available to citizens or nationals of 30+ countries that have trade treaties with the United States. Grenada is one of those countries granting citizens the opportunity to apply to enter the U.S with an E-2 visa to live and set up or expand a business.   The E-2 visa does not provide residency in the USA, but the holder can extend the E-2 visa for an indefinite period once the business investment remains viable. The advantage of a small country passport, like Grenada’s, is that it is less restrictive than traditional immigration to large countries. Friendly ties with the USA grants citizenship holders of Grenada global access, overseas asset allocation, and tax planning. 

  1. International Mobility and Access to New Markets 

Grenadian citizens can travel without visa restrictions to more than  146 countries, and are free to explore and go through processes to conduct business in any of these countries, including the United Kingdom and Schengen countries. This means that Grenadian passport holders have the opportunity to access new markets and support the growth and expansion of their business. 

  1. It’s Even Easier To Do Business In Grenada

For those looking to start a business in the Caribbean, the government of Grenada, over the years, has ensured that the country continues to welcome new, international businesses by positioning itself to lure, facilitate, and support big business. Grenada is also known globally as tax-friendly, as generous tax incentive packages have been deployed, such as the full exemption from import duties, tax relief benefits, and export allowances, plus no foreign income, wealth, gift, inheritance, or capital gains tax. Grenada’s currency, the East Caribbean dollar (XCD), is pegged to the United States dollar (USD) and new business owners can enjoy duty-free trading in the Caribbean. Settling or setting up business in Grenada still grants anyone the opportunity to tap into regional and international markets, thus expanding the world of opportunity to conduct business. 

Making that move to become a second citizenship holder of Grenada is easy – however it’s important to decide what you really want and align with an agent that will ensure you get the most out of your citizenship. Just Inter-Continental Services Inc. (JICS) is a local agent for Grenada’s Citizenship by Investment Programme, and provides tailored and customized services for clients with the goal of seeing their clients through from start to finish. Take a look at our website and explore options for applying to become a citizen of Grenada.

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