Grenada is a Caribbean island state comprising a main island as well as smaller surrounding islands, stretching north towards St Vincent and the Grenadines. Dubbed the “Spice Isle,” the hilly main island is home to numerous nutmeg plantations. It’s also the site of the capital, St. George’s, whose colourful homes, Georgian buildings and early-18th-century Fort George overlook narrow and picturesque Carenage Harbour. To the south is Grand Anse Beach, a vast white sand beach with resorts and bars that is undergoing a boom in construction spurred by the country’s relaunched Citizenship by Investment (second passport) programme.
In the past there were literally hundreds of Offshore Banks in Grenada, but these days they are long gone and the local banking sector is dominated by foreign-owned brands. Today the Grenadian regulatory authority Garfin is in charge of regulating the non-bank financial institutions sector covering insurance, betting and gaming, money services business and the like. Grenada is phasing out its “offshore” International Companies Legislation (Cap 152 – International Companies Act) and as of March 2020 had only 60 offshore companies in good standing.
Nonetheless, Grenada local companies can be useful for international structuring due to certain tax exemptions and tax treaties in place.
Grenada is an attractive and stable location for inward investment, especially via its successful Citizenship by Investment programme.
Offshore Pro Group offers:
For further information on Offshore Pro Group services in Grenada, please contact us today!
In the times of the coronavirus crisis, the Grenadian Government offers the opportunity to apply for citizenship by investment via an online platform. This will simplify the application process and make it even faster. Antigua and Barbuda, in its turn, lowers the citizenship acquisition cost for investors with […]Read more
Please do not apply for citizenship of Grenada in order to use the Grenadian passport for gaining access to the USA via the E-2 program… At least until you find out about all the traps and pitfalls associated with acquiring and using the E-2 visa.
Why does it make good sense to acquire Grenada citizenship by investment in 2020? There are numerous reasons to obtain the passport of this Caribbean country, as it will bring several weighty advantages. One of them is the possibility to apply for an E-2 visa to the […]Read more
Thousands of foreign nationals have obtained Grenadian passports since the citizenship-by-investment program was restarted in 2013. The vast majority of them believe they have invested the money wisely. Indeed, Grenada citizenship brings a number of valuable advantages. Below please find some interesting facts about this Caribbean […]Read more
Are you collecting foreign passports? The Grenadian ‘golden passport’ must become your next trophy without doubt. It gives visa free access to Europe, the UK, and China and it entitles the holder for an USA E-2 visa. Apart from that, it gives its owner the privilege to […]Read more
The living standards are rapidly improving in Grenada and this small Caribbean country can become your ‘backup option’ if you acquire its passport in 2020. The economic situation in the world has been quite unstable over the recent years and Grenada runs a citizenship-by-investment program that […]Read more
The liberalization of the application document requirements, the restructuration of the document processing procedures, and the implementation of automated solutions should fasten the processing of the applications for Grenadian citizenship in 2020.
You can become a full citizen of Grenada if you are prepared to spend a comparatively […]
If you have already decided that you would like to obtain a second passport of Grenada in the Caribbean, you do not have to read the rest of this text. Simply fill out the questionnaire below and this will let us select the best investment option for you […]Read more
Where can you find the most affordable foreign passport to buy? Three countries in the Caribbean basin offer the least expensive citizenship. One more country in the region offers the fastest acquisition of its full citizenship and one more – the simplest one. Below please learn more about these […]Read more