Now I have both a second passport and a share in a hotel.
Linda M
Private practice doctor , USA
PROFILE
Private practice doctor
goals
Client Requirements
- Visa-free access to China
- Economic and political stability
Situation
Our client Linda lives in New York. She has travelled extensively and is used to open borders: a US passport typically requires few visas. However, her son moved to China: he has been head of department at an international company in Shanghai for over four years, and recently had a daughter. US citizens require a visa to enter China, and the process became a frustrating challenge. Moreover, a visa agent warned Linda that it would likely become even harder in future due to increased tensions between the countries.
Solution: Grenada Citizenship
A childhood friend recommended Linda to contact Astons, having used our services a few years earlier to obtain Spanish residence by investment. We thoroughly analysed Linda’s situation, budget and goals. In addition to visa-free access to China, she wanted citizenship of a country with a comfortable climate and good quality of life – a place she could move to upon retirement or if political tensions increased.
Astons’ experts recommended Grenada’s investment citizenship programme. A Caribbean passport allows visa-free access to China, the process can be completed entirely remotely, and there is no requirement to reside in the country.
Grenada offers two investment routes to citizenship: a non-refundable contribution of $235,000 to the National Transformation Fund, or investment in real estate from $270,000 plus a government contribution of $50,000. The benefit of the second option is that the property can be sold after 5 years without losing the passport. We recommended Linda invest in one of the government-approved projects – a 5-star hotel by a reputable and well-known developer.
Steps to Obtaining Grenada Citizenship with Astons
1. Consultation with an Astons immigration specialist and preparation of the immigration case
Our experts explained the citizenship-by-investment process in detail and conducted a preliminary background check.
2. Choosing the investment option
Linda opted for the real estate route, selecting a share in a government-approved hotel project.
3. Document preparation and application submission
Astons’ experienced lawyers compiled the necessary list of documents and assisted with collection. The entire package was reviewed for compliance with programme requirements and sent to a licensed local agent in Grenada.
4. Application review and Due Diligence check
Linda’s case underwent a comprehensive Due Diligence background check to confirm the authenticity of the information and her eligibility under Grenada’s citizenship programme.
5. Receiving preliminary approval
Linda received written preliminary approval from the Government of Grenada.
An important advantage of all Caribbean programmes is that the main investment amount is made only after approval. This minimises the risk of financial loss. However, the applicant must demonstrate proof of funds and their legal origin.
6. Making the investment
After receiving approval, Linda completed her investment by acquiring a share in a five-star hotel in Grenada worth $270,000.
7. Receiving the passport
After completing all formalities, Linda took the oath of allegiance and received her certificate of naturalisation, confirming her citizenship, followed by her national ID card and passport. She did not need to visit the country to obtain citizenship.
Comparison of Citizenship-by-Investment Programmes
| Program |
Investment Threshold |
Processing Time |
Schengen Access |
Physical Presence Requirement |
|
Saint Lucia
Citizenship
|
from $240,000 |
10–12 months |
None |
None |
|
Grenada
Citizenship
|
from $235,000 |
6 months |
None |
None |
|
Dominica
Citizenship
|
from $200,000 |
4 months |
None |
None |
|
Antigua & Barbuda
Citizenship
|
from $1 |
8 months |
None |
None |
|
Turkey
Citizenship
|
from $400,000 |
8 months |
None |
None |
|
Vanuatu
Citizenship
|
from $130,000 |
3 months |
None |
None |
|
Nauru
Citizenship
|
from $90,000 |
3 months |
None |
None |
Expenses
Property investment:
$270,000
| Government contribution: |
$50,000 |
| Due Diligence fee: |
$5,000 |
| Processing fee: |
$1,500 |
| Application fee: |
$1,500 |
| Interview fee: |
$1,500 |
|
Additional Costs:
|
|
| Astons services |
calculated individually |
| Total excluding additional expenses: |
$329,000 |