While the world has been in lockdown with freedom of movement severely restricted and countries plunged into economic crisis; one Caribbean country, Grenada, has seen a noticeable increase in the number of people applying for its citizenship programme.
Uncertainty frequently fuels action, as people will look to ring fence and protect what they have; whether their business, financial or family matters. Yet for those who had been considering a move pre-pandemic, citizenship and residency doors were closing fast. Unfortunately, at a time probably when they were needed the most!
What was most interesting to observe was those countries once seen as 'safe and stable' could no longer be considered with the same level of certainty. Without going into politics suffice to say it highlighted many failings. This in turn meant we also started to see citizens from these countries looking to secure a second passport or residency.
Having kept their programmes open, the Caribbean countries, with their relatively low-price tag (when compared to other programmes) combined with simple and fast processing procedures meant they started to attract even more attention.
Made all the more appealing because people could make their application from their home country with no requirement to visit their chosen destination.
Offering visa free access to over 120 plus destinations many of which, such as the UK, EU and China, are of great interest to travelling business people. Attractive tax benefits and accepting family members of one application further increased their appeal.
But what makes Grenada stand out is its agreement with the US, whereby it can offer its citizens the option to apply for an E2 visa to live, work and study in the US.
This has seen enquiries soaring and one project in particular is attracting a lot of attention with over 100 families so far having taking advantage by taking shares in a commercial recreational project, the largest to be undertaken in Grenada. The resort will comprise of hotels, a casino and golf course as well as many other recreational facilities. Already under construction and approved by the Grenada Government for inclusion in the CIP programme there are attractive investment options where you can choose either a 'share pledge' or to re-sell your share after 5 years. Definitely worth taking a look.
About Halcyon & Partners
Halcyon& Partners is a European based global migration and investment platform that brings together a group of like-minded professionals and utilising our positive energy and skill sets to provide our clients with an unrivalled and totally unbiased service. Our mission quite simply is to provide the client with what they want not and not what they are being told they want. We have no loyalty to any one investment, programme, country or company; we operate in over 14 jurisdictions worldwide. Our loyalty lies solely with our client to find and secure what they are looking for and to deliver it to them with a duty of care and customer experience that is without equal. Each roadmap is totally unique. Our business is founded on two pillars, the first provides a platform to communicate the programmes, products and services and to package it in such a way that is easily digestible, factual and informative. The second is delivery; where every client gets to talk and meet with real people. The right people, who can assist them with the finer details, help develop the thought process, research the right options and stay with them throughout your journey. The solutions are many, our job is to guide our clients to select the one that is right for them. This can often be a long and laborious journey but with the correct preparation and planning we ensure the journey is both smooth and will deliver a successful outcome. We thrive on positivity and transmit this to our clients. No challenge is too great.