Joe Rice The Grenada E2 Visa offered by the United States of America is one of the most sought-after investor visas. In exchange for a significant investment in the country’s economy, this program permits individuals and their family members to reside and work in the United States. As a treaty investor, you’re a national of a country that has signed the E-2 Treaty with the US and must establish a business or invest in a business in the US to apply for the investor visa.
Owing to the E-2 treaty signed between Grenada and the United States of America, Grenadian citizens can obtain the E-2 Visa by investing a qualifying amount in the economy of the United States. Foreign investors need to invest a minimum amount of $100,000 to apply for an E-2 Visa.
This guide will explain everything you need to know about the E-2 Visa, including:
What is the E-2 Business Visa?
The E-2 is a business visa designed for foreign nationals who want to establish or invest in a business in the United States. Grenada citizens are eligible for the E2 Treaty Investor Visa to gain US residency by investing in the country. This permits them to move to the US to invest in and run a business. An E2 visa has no time limit and can be renewed, provided the company remains in operation.
Applicants for the E-2 Visa must note that this type of visa will not lead to a US green card. However, the visa can be renewed indefinitely every two years. You just need to make sure that the business you invest in has a steady return on investment and development.
A major advantage of the E-2 Business Visa is that its holders are eligible to live in the United States and apply for the EB-5 Immigrant Visa. The EB5 Visa is a program designed for immigrant investors and provides a route to US permanent residency through foreign investments made within the United States.
It has become one of the most popular investment visa programs in the world, granting approximately 10,000 EB5 Visas per fiscal year to foreign investors. To qualify, applicants must invest in a business in the US for at least five years, such as an investor company or a government-licensed project.
Therefore, the E-2 Visa is a route to the EB-5 and a Green Card (permanent residency) in the United States. Below is a comparison between the USA’s business visas: The EB-5, the L-1, and the E-2 Visa.
Type of Business Visa | Investment Requirement | Processing Time |
L-1 Visa | No investment required, but the applicant needs to show that he/she works in a particular company | 4 months approx |
EB-2 Visa | $500,000 and above | 2 years or more |
E-2 Visa | There is no definite requirement, but usually the investment amounts to $200,000 or more | 2 -3 weeks |
E2 Visa Treaty Between Grenada and the US
Thanks to a treaty between the United States and Grenada, citizens of Grenada are eligible for the E2 Treaty Investor Visa, which means they are permitted to move to the US to invest in and run a business in the country.
The E2 Visa treaty between Grenada and the United States of America was signed in 1983. The treaty allows Grenadian citizens to reside and work in the United States in exchange for a substantial investment in an operational US organization.
This Grenada E2 Treaty with the USA propelled Grenada’s citizenship by investment (CBI) program as foreign investors from non-treaty countries seek Grenada citizenship through the country’s CBI program to live in the USA.
E-2 Visa Countries
Here’s the complete list of treaty countries that have an E-2 Visa with the United States:
| Albania | Argentina | Armenia | Australia |
| Austria | Azerbaijan | Bahrain | Bangladesh |
| Belgium | Bolivia | Bosnia And Herzegovina | Bulgaria |
| France | Georgia | Germany | Grenada |
| Honduras | Iran | Ireland | Israel |
| Jamaica | Japan | Jordan | Kazakhstan |
| Kyrgyzstan | Latvia | Liberia | Lithuania |
| Luxembourg | Mexico | Moldova | Mongolia |
| Montenegro | Morocco | Netherlands | Norway |
| Oman | Pakistan | Panama | Paraguay |
| Philippines | Poland | Republic of the Congo | Romania |
| Senegal | Serbia | Singapore | Slovakia |
| Slovenia | South Korea | Spain | Sri Lanka |
| Suriname | Sweden | Switzerland | Taiwan |
| Thailand | Togo | Trinidad And Tobago | Tunisia |
| Turkey | Ukraine | United Kingdom |
Grenada Citizenship by Investment: A Route to the E-2 Visa
The Grenada citizenship by investment program offers a gateway to obtaining the US E-2 Visa. The island has steadily developed into a hotspot for foreign investors as it is the only Caribbean country offering citizenship by investment and enabling its citizens to apply for the E-2 Visa to the US.
Grenada Citizenship by Investment Program Options
By applying for Grenada Citizenship by Investment, an individual can obtain Grenada citizenship by directly investing in the country. An investor can receive citizenship within nine months for themselves and their family. You can invest in Grenada’s CBI program through the following investment options:
- You can make a non-refundable contribution to Grenada’s National Transformation Fund (NTF) with a minimum amount of $235,000.
- You can make a Grenada real estate investment with a minimum of $270,000 in an approved real estate project.
There are two real estate investment options:
- A single individual can invest in a government-approved real-estate project. The minimum amount is $350,000.
- A minimum investment of $270,000 for a joint investment in Grenada government-approved tourism accommodation.
You must note that you need to pay a $7,500 due diligence for each applicant over 17. The processing fee is $1,500 for adults and $500 for children. The mandatory interview fee is $1,000.
Grenada permanent residence
The Grenadian government has removed the Grenadian permanent residency status from the citizenship by investment program, and applicants no longer receive permanent residency cards after gaining citizenship.
Grenada Citizenship Requirements
- Be 18 years old or older
- Not have a criminal record
- Be in good health
- Clear a background check successfully
- Proof of income
The following family members can get a Caribbean passport from Grenada.
- Spouse of the applicant
- Children below the age of 18
- Dependent children (18-29 years of age) dependent on the primary applicant or his/her spouse for Educational support
- Specially abled children of 18 years of age or above
- Supported parents or grandparents of the primary applicant or their spouse
- Unmarried and dependent siblings of the primary applicant or their spouse
Grenada Citizenship by Investment Procedure
-
- Select an authorized consultancy to submit your application. The registered agency will guide you in collecting and preparing all the documents that you require for your application.
- Complete all of the application documentation as provided by your agent, ensuring all your paperwork is legal.
- Once you submit your application form, the Investment Migration Agency (IMA) Grenada will evaluate your application and initiate your background check.
- You need to invest in Grenada through the NTF fund or real estate. Pay the required amount and submit proof of investment to the IMA.
- Once your payment is received by the IMA, a certificate of registration will be issued. After this, you will be granted Grenada citizenship and a second passport.
Required Documents for Grenada Citizenship
If you are applying for Grenadian citizenship, you need to fulfill certain Grenada immigration requirements and submit the following documents. Please note that you need to obtain the application forms from registered international agents.
Important Forms:
- Client Facilitator Agreement
- Interview Application Form
- Form 1 specifying your personal data and information
- Form 2 highlighting your fingerprint, submitted in front of a licensed officer
- Form 3 that mentions the Particulars for the Office of Home Affairs
- Form 4 a valid medical certificate
- Form 5 highlighting your employment, wealth, business and other similar details
- Form 6 investment confirmation documentation
- Citizenship By Investment applicants aged 16 or more to submit the Thomson Reuters consent form
- Copies of purchase and sale documents or Escrow agreement and letter of engagement with a local agent
- Complete application form for your passport
- Oath of Allegiance (This is required for each family member who is above the age of 18)
- Sworn Affidavit that verifies and confirms the applicant’s parents’ names
Moreover, you also need these general documents to proceed further with your Grenada passport application.
-
- Two copies of your birth certificate.
- Copy of your current passport showcasing your name, photo, citizenship/nationality, date, place of issue, expiry date, passport number, and issuing country.
- A recent 35x45mm digital passport photo in a plain, light-colored background uploaded to IMA’s platform in JPEG/JPG or PNG format.
- Two copies of the applicant’s Marriage or divorce certificates.
- Copy of the applicant’s National ID or social security.
- Proof of the applicant’s Permanent residence ID or Permanent residence
- Copy of the applicant’s military service card if he/she has been associated with military services
- Affidavit from spouse or ex-spouse with regards to children.
- Affidavit of support from dependents.
<li”>Applicant’s education certificates and transcripts
Supporting documents that you need:
- Residential address proof of the applicant
- Original copy of the professional letter of reference
- A copy of the license of the lawyer certifying these documents
Keep these additional documents handy:
- Income/ salary pay slips
- Applicant’s CV
- Original copy of the reference letter from the bank of the primary applicant
- Bank statements for the last one year of the applicant’s personal bank account
- Police clearance record
Take a look at our Grenada Citizenship by Investment Ultimate Guide
Grenada Citizenship Benefits
- You can travel to 148 Grenada passport visa free countries, including the Schengen Area, Great Britain, Hong Kong, and China, and Saudi Arabia.
- If an individual obtains Grenadian citizenship, they can open a bank account with a bank based out of America or Europe hassle-free. Moreover, you can register your assets using your second passport.
- As a Grenadian citizen, you can easily apply for an investor visa to the United States.
- The Grenada citizenship by investment processing time is fast. Applicants can obtain Grenadian citizenship within six months.
- If you are applying for Grenadian citizenship, you do not need to stay in Grenada for any part of the application process as there is no residency requirement for obtaining Grenadian citizenship or Grenada passport renewal.
- Grenada allows dual citizenship, allowing new citizens to maintain their first citizenship after becoming Grenada passport holders.
- Grenada is the only Caribbean country offering CBI program whose citizens can apply for an E-2 Visa and work and stay in the United States.
E-2 Visa Eligibility Criteria
Investors seeking an E-2 Visa need to meet the following US visa requirements for Grenada citizens:
- Investors should not invest in a passive business but ensure the investment is in an active business operating in the United States.
- The investor should be a 50 percent shareholder in the business.
- The business should generate enough profit to sustain the investor and their family in the United States.
E-2 Visa Advantages for Investors
While a single applicant for an E-2 Treaty Investor Visa enjoys many benefits of staying and working in the United States, the E-2 Visa also benefits the applicant’s family members.
- An investor can renew their visa indefinitely, providing that the registered E-2 organization operates by adhering to all E-2 Visa rules and regulations.
- If you have an E-2 Visa, you do not pay worldwide income tax, provided you do not spend more than 120 days in the United States each year.
- The investor’s spouse can work in the United States by acquiring an Employment Authorization from the US administration.
- US public schools offer free education and dependent children of E-2 Visa holders below the age of 21 years don’t need to pay the same tuition fees as other foreign students studying in the US.
- With an E-2 Visa, individuals are permitted to enter and exit the United States freely.
E-2 Visa Important Factors
If you are a permanent resident of the European Union, your identification will be verified by an ID card. If the applicant abides by all rules and regulations, the card gets reissued after every five years. In this case, the individual doesn’t need to apply for permanent residence.- Individuals can invest in any sector without having business management experience. In this case, the applicant needs to present a detailed business plan to the relevant authority. Additionally, they needs to showcase the returns the investment is expected to generate. Although there are no rules as to the number of jobs that a business has to create, the suggested number is at least five.
- The applicant must prove they are financially stable to support their family members in the US for at least one year after obtaining the visa.
- This visa is only applicable to citizens of certain states that have a bilateral investment program with the United States.
If you are a permanent resident of the European Union, your identification will be verified by an ID card. If the applicant abides by all rules and regulations, the card gets reissued after every five years. In this case, the individual doesn’t need to apply for permanent residence.Stay Period for E-2 Visa Holder
Grenada citizens can be granted an E-2 Treaty Investor Visa for up to five years, allowing the individual, their spouse, and children under 21 years old to live in the USA. You can travel freely with your Grenada passport while living in the USA. Once a person completes the initial five years, they can apply for an extension every two years. Note that a person can apply for E-2 Visa extensions for an indefinite period. Should E-2 Visa holders wish to apply for a Green Card (permanent residency), they can apply for the EB-5 Visa.
Why use Global Citizen Solutions?
Global Citizen Solutions is a multidisciplinary firm offering bespoke residence and citizenship solutions in Europe and the Caribbean. In a world where the economy and politics are unpredictable, having a second citizenship opens up opportunities and creates flexibility for you and your family.
So, why work with Global Citizen Solutions to obtain Caribbean citizenship?
- Global approach by local experts: We are corporate members of the Investment Migration Council, with local expertise in all five Caribbean CBI programs.
- 100 percent approval rate: We have never had a case rejected and will offer you an initial, free-of-charge, due diligence assessment before signing any contract.
- Independent service and full transparency: We will present to you all the investment options available, and all expenses will be discussed in advance, with no hidden fees.
- An all-encompassing solution: A multidisciplinary team of immigration lawyers, investment specialists, and tax experts will take into consideration all your and your family's mobility, tax, and lifestyle needs.
- Confidential service and secure data management: All private data is stored within a GDPR-compliant database on a secure SSL-encrypted server.
Frequently Asked Questions about the E-2 Visa Grenada
What is the Grenada E-2 Visa?
Grenada citizenship makes you eligible for an E-2 Treaty Investor Visa. This means that Grenadian passport holders can apply for an E-2 Visa for the US. Once the E-2 Visa is approved, you can move and invest in a business in the United States.
How long does it take to get an E2 Visa Grenada?
Grenadian citizens can apply for an E2 Visa Grenada and get it approved within a time frame of three months.
What is the amount needed for an E-2 Visa?
To acquire an E-2 Visa, an applicant must be prepared to invest a minimum amount of $100,000 in the US economy.
Is the E-2 Visa open?
Yes, the E-2 Visa is still open and available for interested applicants.
Do Grenada citizens need a visa for the USA?
Yes, Grenadian citizens do require a visa to enter the United States of America. However, Grenadian citizens can apply for long-term multiple-entry visas for up to ten years if they wish to.
How long can US citizens stay in Grenada?
US citizens can stay in Grenada for a period of 90 days without a Grenadian visa.
What are Grenada immigration requirements?
Interested applicants can apply for Grenada citizenship from anywhere in the world. The application will be approved, and a Grenada passport issued, only after the candidate meets all the eligibility requirements and passes stringent background checks.
Which Caribbean countries have E2 Visa eligibility?
Grenada, Jamaica, and Trinidad and Tobago are the only Caribbean countries whose citizens qualify for the E2 Visa.
