GRENADA: NTL Now Processing Citizenship Applicants!
Friday, September 27, 2013 at 2:16AM We are finally ready to go!
NTL is proud to announce that we have begun processing applicants for the Grenada Citizenship by investment program.
The Mount Cinnamon Resort, the only authorized real estate option in the Grenada program is available by invitation only through a handful of select agents, such as NTL. The resort is being expanded through the Citizenship By Investment program, with a projected 250 rooms to be built over the next years.
Qualify for the program through ownership of a luxury apartment at Mount Cinnamon Hotel and shares of only 500 issued shares in the company that owns the hotel business. A US$500,000 Investment gets you:
- A 50% interest in a luxury one bedroom apartment
- One share in the operating profits of the entire hotel business
- One Citizenship (1 Main Applicant)
With Mount CInnamon, all application fees, government fees and due diligence fees are included for the Main Applicants.
Due Diligence and Processing FAMILY FRIENDLY!
Additional fees will apply for all supplementary Applicants applied for by the Main applicant such as Spouse, Dependent Children under 26 years of age and Dependent Parents.
|
|
Application Fee |
Processing Fee |
Due Diligence |
Due Diligence |
Total |
|
|
|
|
|
Main |
Secondary |
per Applicant |
|
|
|
US$ |
US$ |
US$ |
US$ |
US$ |
|
|
Spouse |
1,500 |
500 |
500 |
2,000 |
4,500 |
|
|
Child 0-11 |
1,500 |
100 |
|
|
1,600 |
|
|
Child 12-17 |
1,500 |
100 |
150 |
1,000 |
2,750 |
|
|
Child 18-25 |
1,500 |
200 |
2,500 |
2,000 |
6,200 |
|
|
Parent >65 |
1,500 |
100 |
250 |
2,000 |
3,850 |
|
|
Parent <65 |
1,500 |
|
2,500 |
2,000 |
6,000 |
|
|
|
|
|
|
|
|
|
|
NB - All Child and parent applications are for children and parents Financially Dependent on the Main Applicant. |
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Sample Investment Total: Grenada Real Estate Option
Island Transformation Fund
This option is not currently available as the Government is setting up the various facets of the Fund, which will invest directly into the infrastructure, and economy of the island.
This looks to be developing as a two-step program including an initial Donation to the government of US$75k plus Legal, professional, due diligence and processing fees. After the first donation the applicant will receive a permanent Residence status, which may or may not require visiting the islands.
After at least 12 months pass with Permanent Resident Status, the applicant can then apply for Citizenship, after making a second contribution of US$125k.
The situation will continue to be fluid for the next few months, while the government polishes the Island Transformation Fund program. Please check back with us for more info.
Processing Clients for Grenada now!
If you are interested, please contact your NTL Agent to schedule a personal consultation to see if you qualify for this unique and exciting program. Applications are processed by a carefully-selected network of NTL affiliate lawyers and authorized financial services providers.
NTL works hand and hand with the development team at the Mount Cinnamon Resort, and we are open to work with sub-agents - Just contact us.
We are very excited about the opportunities that this program and the Mount Cinnamon development offer to our exclusive clients who are looking for the most complete solution for second citizenship.
