To qualify for an E2 visa, an individual can invest in starting a new business, purchase an existing business or otherwise make a substantial investment in an existing US business. Therefore, it is important to consider all aspects before deciding if a CBI program in Grenada or Turkey is right for you. WebAn E2 visa can be obtained within a period of 90 days. Newbie; Posts: 1; 38 years old Software Consultant Kalle Longmuir, hailing from Campbell River enjoys watching movies like I Am Love (Io sono l'amore) and Sand art. When submitting an application, it must be documented that theinvestment has already been completed or is atits final stage. After you complete the investment your Grenada citizenship certificate is issued and your passport application is submitted. + Follow. If, for example, an E Copyright 2021, MURTHY LAW FIRM. WithaGrenadian passport, you can open abank account inareliable international bank inGrenada. This visa may cover eligible employees of the treaty investors. Make a donation to the Grenada National Transformation Fund of $150,000 for a single person or USD 200,000 for a family of 4. A more detailed explanation of the requirements for the E-2 category is provided in the MurthyDotCom InfoArticle, Overview: E Visas for Traders and Investors (20.Feb.2012). If an approval letter is received from the CIU, the Applicant pays the Government fees. Your complete application is submitted to the Government via an authorized local agent, as required by law. The Grenada Citizenship by Investment Program is relatively fast and affordable. Regardless, any investment should be carefully considered to ensure the best return. When submitting an application, it must be documented that theinvestment has already been completed or is atits final stage. Skip to content. Applicants only need to go through six simple steps to obtain citizenship, those steps being: 1. Grenada is an E-2 Treaty Country with the United States. The E-2 treaty allows citizens of Grenada who make a substantial investment in an active US business to obtain an E-2 Visa for themselves and their immediate family With this and all the other benefits that come with citizenship, there is no reason not to consider investing in Grenada today. Grenadas investment treaty with the US is arguably the most appealing feature of the countrys CBI program. Changing ones status from an E2 Visa to EB-5 is possible based on the specifics of each case. The island is ready for any adventure, from blue waters and white sandy beaches to rainforests and waterfalls. The CIU considers the application in light of thorough due diligence background checks and then issues a recommendation about the application to the Cabinet. Before you rush to learn how to make an investment in Grenada, there are a few key points you need to know about the process. While the person may not get a financial return on what they paid to the government in Grenada, there are still benefits to participating in the Citizenship by Investment program. Unlike the In-fact, increasing demand for the programme has resulted in certain countries facing backlogs of up to 15 years in some instances. The climate in Grenada is tropical, with average temperatures of around 28 C year-round. Grenada is also known as the Isle of Spice, one of the most magnificent islands in the West Indies. You must keep the real estate for at least five years. WebThe amount of the E-2 investment can be used as part of the direct EB-5 investment. The obtaining period is 23 months. The business must be a U.S. company and you must be able to show that you have the financial resources to purchase it. As the E2 business matures, the investor may use their E2 business and other capital and assets to meet the financial investment threshold and qualify for the EB-5 green card. Once an individual is a citizen of Grenada, they can apply for an E-2 visa and start their journey toward living and working in the U.S. Of the many nations that offer CBI programs, Grenadas has become increasingly popular since its inception in 2013 because of key benefits: The Grenada Citizenship by Investment processing time is really fast. At the Law Office of Robert Abedi, we have helped many E2 investors convert to the EB-5 programme. Toapply foran L-1 visa, you need toopen an account withan American bank and put money onit inan amount sufficient toconduct and develop your business. To gain citizenship in Grenada, a foreign national must wait a short period of 4 months. To apply for this visa, applicants must establish or buy a business in the United States. Inthis case, you must be intheUS foratleast half ayear. With the U.S. E-2 Visa, your children can study in the US primary and secondary public school for FREE. Fill and sign the complete application form. There are also fees forfiling and processing an application is atotal of$3,000 foran adult and $1,500 if theapplicant is under18 years old. All family members will receive theright tofreely enter and leave thecountry. Not only can the investment be used to obtain citizenship for the applicant, but also for the investors dependents. WebAn E-1 and E-2 visa may be issued only to a principal alien who is a national of a country having a treaty, or its equivalent, with the United States. All foreigners need towrite aPetition foraNonimmigrant worker toapply foran E-2 visa. In this regard, in 1989, Grenada has signed the E2 investor treaty with the U.S. allowing Grenadians to be admitted to the US upon investing a substantial amount of capital in a U.S. business.Nationals of states which are not parties to the E2 Treaty may still gain an E2 Visa by acquiring a Grenadian passport through theGrenada Citizenship by Investment Programme. WebGet in Touch for a Free Consultation. o $350k for an investment in an approved project, o $5m into some major project (manufacturing or otherwise), oCitizenship is granted to the major investor and their families. Learn More, The Murthy Law Firm can conveniently and efficiently consult and/or represent clients located anywhere in the United States or abroad on U.S. immigration matters. WebGrenadas Citizenship by Donation programme requires a non-refundable contribution to the governments National Transformation Fund (NTF) from $150,000 for a single applicant, or After your application has been approved, you complete your investment. Once gaining this It is unfortunate that this visa category is not open to all foreign nationals. to the National Transformation Fund. Grenada doesnt have taxes onglobal income, dividends, interest or royalties fromother countries. Contact us to get your tailored Grenada citizenship estimation. For Indian citizens who wish to apply for permanent residence in the US and get a green card, Grenada citizenship can be very beneficial. Unlike the business investments made by EB-5 applicants, there is no minimum specified investment amount required for E2 Visa applicants. Thetax resident status inGrenada will allow you tooptimise taxation. This is in addition to other eligibility requirements such as having a clean criminal record and being at least 18 years of age. Although all E-2 visas are subject to extension indefinitely, there is clearly a huge advantage to not having to apply for an extension every year. In 1989, Grenada became a US E2 treaty country. The E2 Visa is only accessible by citizens of countries with a US E2 Treaty. Nigerian citizens are required to have a visa when travelling to Bangladesh. Get approval. Any company that is considered a US company is eligible for an E-2 visa. The Citizenship by Investment program was established in 2013 under the Grenada Citizenship by Investment Act. Collect the required documents. You have to be of good moral character and have a good health. . Approximate investment sum fortheE-2 visa, How toget Grenada citizenship byinvestment, Quotas ontheEB-5 visa and why it is easier toget theE-2 one. In Turkey, the CBI program does not offer a donation option but instead requires applicants to make a minimum capital transfer or bank deposit of $500,000 USD. The CBIC is the Government body responsible for Grenada citizenship through investment applications and decisions. However, through efficient planning, an E2 Visa investment can be converted to an EB-5 investment through which an investor can get permanent residency. P.O. Investors spouse and dependent children under 21 yearsmay be included. They may ask forfurther documentation or suggest that your application requires additional processing. The E2 Visa provides many benefits to investors looking to live in the US some of which may prove more applicable to those actively accessing whether they should invest in the visa or in the EB-5 Programme. This client became a citizen of Grenada before applying. EB-5 costs over 1 million USD. Other types ofUS business visas: comparison. Avisa holder cannot change acompany, close abusiness and open anew one. TheGrenada program has two investment options: Regardless ofoption, aDue Diligence fee of$5,000 is payable foreach adult applicant. The committee comprises seven people with experience in law, finance, trade, and administration who all answer to the Minister. However, we recommend planning an investment of$200,000 to$250,000. The average yearly temperature is 27 degrees Celsius (81 degrees Fahrenheit). It is crucial to demonstrate that the capital invested shall be irrevocably committed to the enterprise and subject to partial or total loss in the event that the business fails. Most nationals do nothave theright toget this type ofUS visa. Grenada also has a source-based taxation system with zero taxation on income earned abroad. The investor will get a return on their investment if they make a move to Grenada, either by establishing a business or working in the country. It allows investors from other countries who do not have an E2 treaty with the US to apply for the visa if they have Grenadian citizenship. Citizenship by Investment Programmes Comparison Tool, Residence by Investment Programmes Comparison Tool, Grenada Citizenship by Investment Programme, Grenada and Antigua Citizenship by Investment Programmes Re-open for Russian Nationals, Grenada to allow siblings in CBI applications, Moldova Citizenship by Investment Programme launched, Caribbean Citizenship vs European Permanent Residence, CCLEX Lawyers at IMC's Investment Migration Forum 2019. WebGrenada and Turkey citizens can obtain E-2 visas for 5 years. CIP Index Document Submission Requests forextension ofstay may be granted forup totwo years each. 50 Popular Franchises NOT E2 Visa Eligible, Franchise Industries in the United States 2023, Now that you are aware of all the benefits that come with Grenadas citizenship, as well as how easy it is to obtain this citizenship without needing to live in the country or visit it, you may be considering this as an excellent option to get your E-2 visa, and invest and move to the United States. It is located northwest of Trinidad and Tobago, northeast of Venezuela, and southwest of Saint Lucia. Once gaining this citizenship, Grenadians may apply for the E-2 visa at the U.S. consulate in that country of their residence. There is currently no mandatory interview requirement for the Grenada CBI Programme. This includes companies that are registered in the United States, as well as companies that are branches of foreign businesses. Conditions forfamily members oftheinvestor are thesame forall business visas. Processing time is usually 2 months, or less and is valid for up to 5 years, with an unlimited number of extensions. E-2 visa renewal. You will also need to show that you have the necessary qualifications for the position and that you are essential to the companys operations in the United States. The stay is usually short with a period of 30 days and visa expires in 90 days. WebGrenadas investment program is one of the best options for obtaining an E-2 Investor Visa to the United States of America (U.S.).This is based on minimum investment and length of U.S. visa. You must pass the due diligence process and not be associated with criminal activity or terrorism. But weknow how toobtain second citizenship byinvesting $100,000. The enterprise of an investor under this programme must be a real, active commercial or entrepreneurial undertaking which produces services or goods for profit, and which generates enough income to provide a minimal living for the investor and his family or which makes a significant economic contribution. Theapplicant must contact alicensed agent toparticipate intheGrenada citizenship byinvestment program. The stay is usually short with a period of 30 days and visa expires in 90 days. One must understand that the E2 Investor Visa is not the equivalent of a green card or U.S. citizenship. We help you to find the most suitable investment option. Immigrant Invest is alicensed agent who can help toapply forGrenada citizenship forthewhole family. WebUnder the terms of the agreement, citizens of Grenada are eligible to obtain a US E-2 business visa. Business bank accounts containing funds forroutine operations. Inthis case, thevisa will be taken away. Send us an email and we'll get back to you, asap. This country is at the southern end of the Grenadines in the southeastern Caribbean Sea. When thechild turns 21, you will need toissue astudent residence permit. Any issues will normally be resolved within 60 days. It includes full exemption from import duties, corporate tax relief benefits, and export allowances. Applicant is required to be present when applying for France schengen visa. The fingerprinting requirement can be done by any authorized authority in the investors country of residence. Complete the required immigration forms and collect the necessary supplemental documents. Many countries are not eligible for the E-2 Visa so it is necessary to first become a citizen of an E-2 Treaty country like Grenada. TheE-2 visa is granted tocitizens ofTreaty countries, which have entered intobilateral investment agreements withtheUS, like Grenada. Not concerned much about ones history and culture, into some major project (manufacturing or otherwise), The Amigos Act was amended to better reflect investments made through these programs and ensure that any foreign national applying for an E-2 visa has met the 3-year domicile requirement. Afteran initial review is completed, theConsulate will set up an interview withtheapplicant and if theE2 visa is approved, it may take up toaweek forthevisa tobe issued. You can freely travel with your Grenada passport while you can live in the USA. In this case, you will need to provide a letter from your employer confirming your job offer and detailing your role within the company. WebThe US E2 visa is an investor visa that allows the holder to live and work legally in the US as long as he/she maintains ownership of 50 percent or more in a business. The process from start to finish may generally take between 6 to 7 months. The E-2 treaty allows citizens of Grenada who make a substantial investment in an active US business to obtain an E-2 Visa for themselves and their immediate family members. The investors is then authorized to run and manage this business. The Grenada Citizenship by Investment Program is the only Caribbean CBI program that offers its citizens the opportunity to obtain an E-2 Investor Visa in the USA. WebGRENADA CITIZENSHIP-BY-INVESTMENT Visa-free travel to 144 countries, including China. WebThe E-2 visa is open to applicants who invest in a business in the USA. The country also has an abundance of limestone. Click one of our member below to chat on. It's issued intwo tothree weeks. You cant apply foran E-2 visa as acitizen ofany country, it is inaccessible tosome nationalities. Please confirm subscription and get the first later soon, Sign up for the weekly digest and receive the best offers, Get second citizenship or residence fast and efficient, Sign up for emails on new Golden Visa & Citizenship by investment articles, Greece Golden Visa foraNigerian family: moving toEurope atthelowest cost, UAE Golden Visa: how aBritish entrepreneur moved fromEstonia totheEmirates and optimised taxes, Malta permanent residence foraNigerian entrepreneur: running abusiness inEurope without intermediaries, Comparison ofGrenada & St Kitts and Nevis passports, Comparison ofGrenada & St Lucia passports, E-2 business visa totheUSA withGrenada citizenship, E-2 visa investment requirements for applicants, How to get a Grenada passport to apply for an E-2 visa, Grenada citizenship and E-2 visa benefits, Other types of US business visas: comparison, E-2 visa investment requirements forapplicants. Reservation Bangladesh tourist visa is required for Nigerian citizens if they have Grenada Passport. Once you have all of these documents, you can apply for the E-2 visa. E-2 visa holders can spend up to 120 days in the US without being subject to To learn more about the E-2 visa visit our E-2 visa page. Many such investors have turned to the Citizenship by Investment (CBI) offered by the island country of Grenada, which offers citizenship to qualifying investors within a matter of a few months. Let's see an example of a single applicant: The number of Grenada real estate investment doubled in 2020. TheE-2 is cheaper and faster toget compared toother types oftheUS business visa like L-1 and EB-5. The invested funds must be substantial enough vis-a-vis the total cost of either purchasing an established enterprise or creating the type of enterprise you are considering. You must first make the substantial investment in a US business by acquiring an existing business or starting a new business. Citizens of Montenegro are limited to 1year E-2 visa issuance. Call us for free consultation. If you are starting a new business, you will need to create a detailed business plan and submit it with your visa application. They love to socialise, share stories, celebrate and cook against the backdrop of music from local artists out on the shores of one of many beaches of Grenada islands. The article discusses how to get US E-2 visa with Grenada Citizenship By Investment. Fax: +1 (473) 435-0176. This is a monumental achievement that will benefit Portuguese citizens who wish to establish and develop businesses in the United States. Fast processing,US E-2 visa can generally beobtained within 3 months. Your spouse and children over 14 should come withyou. The E-2 Visa for citizens of Grenada is valid for maximum 5 years. Once an individual is a citizen of Grenada, they can apply for an E-2 visa and start their journey toward living and working in the U.S. Of the many nations that offer CBI programs, Grenadas has become increasingly popular since its inception in 2013 because of key benefits: The Grenada Citizenship by Investment processing time is really fast. Investing in a financially sound project is important. Residency & Citizenship +44 207 292 2977 +44 207 292 2977 +90 216 922 14 78 Either way, you want the process to be quick and simple. Citizens of Grenada can apply for E-2 visa interview at the U.S. Embassy in Bridgetown, Barbados. Capacity to obtain an E-2 visa to work in the United States. | Web design by Silva Heeren. Most of all, when investing money in second Citizenship, you want to ensure it works hard for you. As long as the visa holder continues to work and operate the business successfully and renew his/her I-94 card every two years, he/she is eligible to extend the E2 Visa indefinitely. The E-2 Treaty allows a person to bring their family to the US for the purposes of investing in and operating a business. Information you submit to us is processed as per our Privacy Policy. Thecompany must have atleast ten jobs forfull-time employees. Provided that all documents are in order, the processing time is approximately 90 days from submission. What types of businesses are NOT eligible for an E-2 Visa? Theprocess takes about four months. Sorry, you have Javascript Disabled! In some cases you can gain an E2 visa as an investor after investing say tens of thousands of dollars. Select a US immigration lawyer to provide guidance and pay the required legal fees. Investor will be contacted to collect his/her passport with the visa included, from the US Embassy. This visa may cover eligible employees of the treaty investors. Citizens of Grenada can enter visa-free 144 countries. Grenada is internationally one of the most peaceful countries. You have toprovide your CV demonstrating your business experience. See Grenada Property Investment options. We recommend that you provide adetailed business plan that demonstrates theoutlook forrevenue growth. Individuals need aspecial visa if they want tomove totheUSA, start abusiness or invest inacompany there. This means that it must have the potential to create jobs and generate revenue. You can get Grenada citizenship byinvestment first and then apply foran E-2 US visa. You can bring your spouse and children under the age of 21 to live in the US on an E-2 visa. WebIn 2020, I co-founded Portico & Bridge - A boutique direct-to-client firm that assists High & Ultra Net Worth Individuals to secure their family's future and generational wealth through Residency or Citizenship by Investment opportunities across the Step by Step Through the Grenada CBI Application Process STEP 1 Applicant Appoints Agent STEP 2 Complete Official Forms STEP 3 Submit CBI application STEP 4 Receive Application Decision STEP 5 Make Final Payments STEP 6 Receive COR, PR Card, and Passport E-2 Visa E-2 Visa Benefits for Grenadian Citizens E-2 Visa Options See instructions, Explained how to get an E-2 visa to the USA with a Grenadian passport. How long does it take toget an E-2 visa inGrenada? The U.S. government will want to see evidence of your investment, such as bank statements or proof of investments in the company. Foreigners can also obtain aUS business visa oftheL-1 or EB-5 types. All Rights Reserved, In a consultation, an attorney can provide answers to your questions, or you may engage our firm for your immigration process. You have toprovide your CV demonstrating your business experience. These aspiring entrepreneurs can obtain citizenship in a country that has an E-2 treaty with the United States, and then use that newly acquired citizenship as a springboard toward utilizing the E-2 program. Thelicensed agent is aconsulting company that assists applicants atevery stage ofobtaining citizenship. First, theapplicant submits documents intheUS, and then is interviewed ataConsulate inthecountry where aUS consulate works. Citizens of Montenegro are limited to 1year E-2 visa issuance. After 5 years, you can resell your shares. Normally international students can only apply for private schools. The E-2 treaty investor visa program allows a qualifying foreign national to develop and direct a U.S. enterprise based on a substantial investment in that business. E-2 visa allows amaximum initial stay oftwo years. Each successful Applicant is required to take a written Oath of Allegiance. Either way, you must demonstrate that the capital you are investing is substantial. After a short 60 day processing time, successful investors will be granted an E2 Visa. Whats more, Grenada is the only Caribbean country with a CBI program that allows you to live in and operate a business in the US through the USA E-2 Investor Visa. It is not mandatory for you to visit Grenada to get the Grenada citizenship. Thevisa allows you tolive and work intheUS, and bring thewhole family withyou. Rather, it is a non-immigrant visa that grants particular benefits, especially created for those who would like to visit the US anytime for business. WithaGrenada passport you can apply foran E-2 visa. There is nolimit tothenumber ofextensions ofan E-2 non-immigrant visa. Subscribe toour newsletter and get credible updates about Caribbean citizenship. These include access to an E-2 visa and potential business opportunities within Grenada. Grenada is an island country consisting of Grenada itself and six smaller islands. To be eligible, the applicant must invest a minimum of The first thing you will surely notice upon arriving in Grenada is the people's willingness to help. You can quickly go tobusiness negotiations, rest or visit relatives. Grenada and Turkey are two countries that offer Citizenship by Investment (CBI) programs, allowing foreign nationals to become citizens of their respective nations. ACCESS USA. Immigrant Invest is alicensed agent who can help toapply forGrenada citizenship forthewhole family. Fromtwo weeks tofour months. With its many benefits and low investment requirements, Grenada provides an excellent opportunity for those looking to get their E-2 visa and move to the United States. This is considered as a major benefit which distinguishes Grenadas programme from other programmes offered by other Caribbean States. The news was a major blow to the people of Montenegro, who had been hoping for a chance at economic prosperity. Aspouse and children under21 can move totheUS withthemain applicant. +1 (473) 435-0177. [email protected]. Certificate ofownership issued bythecommercial section ofaforeign embassy. TheE-2 visa entitles an investor tostay and do business intheUSA inreturn forasubstantial investment inthechosen company. Reports fromacertified personal accountant. It's one ofthebenefits ofCaribbean citizenship. And it is the only CBI program where your passport is issued as part of the process. TheE-2 visa is inaccessible tosome nationalities but only tocitizens ofthose countries withwhich theUS has signed an agreement onmutual investments. The average prices per square foot cost $200 to $500 depending on the location. An investor will receive aGrenada passport fortheir family in46 months if they buy real estate or make anon-refundable contribution. Why use Grenada citizenship to obtain E-2 Visa? Theconditions fortheir registration and opening acompany intheUS are rather tough. Our company strategically positions the highly coveted Grenada citizenship as a platform from which a holistic and personalized suite of services and product offerings are made available to our clients.
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