AAA act Consulting

About GRENADA

GRENADA

Important advantages of the Grenada Citizenship through Investment Program are as follows:

Visa-free or visa upon arrival access to 144 destinations, such as China, Hong Kong, Singapore, the UK, and Europe’s Schengen Area

The only Caribbean citizenship through investment program that has visa-free access to China

The only Caribbean citizenship through investment program that has an E-2 Investor Visa Treaty with the USA, which allows citizens to be eligible to apply for a non-immigrant visa

Citizenship can be transferred to new spouses and future generations

No minimum stay needed

No limitation on dual citizenship in Grenada

The possibility to include a spouse, children under 30, unmarried siblings aged 18 and over, parents, and grandparents of the main applicant and spouse

Taxation

                                 As explained in the Grenada Income Tax Act Cap. 149, the individual annual income tax rate is 15% up to XCD 24,000 and 30% on the amount in excess of XCD 24,000. The minimum tax rate for companies is 30%.

VAT in Grenada is 15%, and property transfer tax for citizens is 5%, can be paid by the seller.

                                 Annual taxes in Grenada; for example, property tax, which is 0.2% of the market value for residential property, and stamp tax on business receipts, which is 0.75% if gross receipts are over XCD 300,000, and 0.5% on any amounts lower than this threshold.

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Need Consultation About Immigration to Grenada?

                                                            Grenada could really be considered an ideal destination for all immigrants. Whether you want to immigrate and gain residency or citizenship, we can help you make the right decision. There are a lot of laws and regulations that need to be taken into account when making this important move.
We will walk you through all the bits and pieces that you need to be aware of with regard to all the legal stuff. As you know, there is a lot of legality in the matter of immigration, and most of the time, it can actually be quite overwhelming. 
But we can help you all through your immigration journey. Right from the start, all the way to the end, when you step into your new life.
If you have any questions or inquiries, please feel free to contact AAA act Consulting services, and get the best help you can. We welcome any question.
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