Vancouver, Canada – As global uncertainty grows, more Chinese citizens are exploring options to secure a second passport to enhance mobility, protect wealth, and ensure future opportunities.
Amicus International Consulting, the global leader in privacy solutions and citizenship planning, has published a detailed new guide titled “Second Passport and New Identity with a Chinese Citizenship. ” The guide highlights why Grenada’s Citizenship by Investment Program is an attractive option, though it’s important to note that it does not offer a new identity.
Why Grenada Stands Out
Grenada, affectionately known as the “Spice Island,” offers an exceptional Citizenship by Investment Program (CIP). Benefits include:
- Visa-free access to over 140 countries and territories, including the Schengen Area, the UK, and much of Asia.
- Eligibility for the U.S. E-2 Investor Visa, enabling residency and business operations in the United States.
- No residency requirement.
- No capital gains, inheritance, or global income taxes.
Important Clarification:
Grenada’s program grants a second passport under your legal name; it does not offer the creation of a new or alternative identity.
Legal Risks for Chinese Nationals
Chinese law strictly prohibits dual citizenship:
- Chinese nationals obtaining another citizenship risk losing their Chinese nationality.
- Discovery of dual citizenship can result in severe legal, financial, and social consequences.
- Amicus International Consulting strongly advises consulting legal experts before proceeding with second citizenship options.
Cautionary Case Studies
Case Study 1: Business Tycoon’s Secret Revealed
Mr. Zhao of Guangdong lost his Chinese citizenship and business empire after authorities uncovered his Caribbean second passport during a corruption investigation.
Case Study 2: Public Official’s Political Downfall
Ms. Liu, a Beijing government official, lost her position and faced public disgrace after her dual citizenship was exposed.
Case Study 3: Family Plan Backfires
The Wang family of Shanghai had their Chinese citizenship revoked, and their assets frozen, after authorities discovered their Caribbean citizenship during a routine background check.
Pathways to Grenadian Citizenship
Two main investment options are available:
- National Transformation Fund (NTF) Donation
- Minimum non-refundable contribution of USD 490,000 for a single applicant.
- USD 980,000 for a family of four.
- Funds support Grenada’s economic development projects.
- Investment in Pre-Approved Real Estate
- Minimum real estate investment of USD 650,000.
- Property must be retained for five years.
- Notable project: Six Senses La Sagesse Grenada.
Success Stories of Grenadian Citizenship
Case Study 1: Business Expansion to the U.S.
Mr. Li from Beijing used Grenadian citizenship to obtain a U.S. E-2 Visa, establishing a thriving tech company in Silicon Valley.
Case Study 2: Securing Family Futures
Ms. Zhang from Shanghai obtained passports for her family, ensuring access to top-tier education and safer living environments in Europe and North America.
Case Study 3: Strategic Tax Planning
Mr. Wang from Hong Kong leveraged Grenada’s tax benefits to safeguard and grow his wealth, ensuring long-term financial security.
Grenada Citizenship by Investment: Requirements at a Glance
- Be over 18 years old.
- Maintain a clean criminal record.
- Be in good health.
- Provide proof of the lawful source of investment funds.
- Pass stringent government due diligence checks.
Timeline:
Approval typically occurs within 90 to 120 days.
Application Process Overview
- Choose Investment Route:
National Transformation Fund or Real Estate. - Prepare Documentation:
Including proof of identity, source of funds, and health certification. - Submit Application:
Government assessment and background checks initiated. - Receive Approval:
Citizenship and a passport are issued upon successful application.
The E-2 Visa Advantage for Grenadians
Grenadian citizens qualify for the U.S. E-2 Investor Visa, providing:
- The ability to establish or purchase a U.S.-based business.
- Residency for themselves and their immediate family.
- Renewable visas as long as business operations continue.
Note:
Chinese passport holders without Grenadian citizenship are not eligible for the E-2 Visa, making Grenada a strategic pathway to U.S. residency.
Final Thoughts: Weigh the Rewards—and the Risks
Grenada’s Citizenship by Investment Program offers substantial advantages:
- Global mobility.
- Access to the U.S. through the E-2 Visa.
- Favourable tax policies.
However, Chinese nationals must carefully assess:
- The risk of losing Chinese citizenship.
- Legal obligations under Chinese nationality law.
- Personal and financial consequences in China.
Amicus International Consulting highly recommends seeking professional advice to understand all implications fully.
Why Choose Amicus International Consulting?
At Amicus International Consulting, we specialize in:
- Assisting Chinese nationals and global citizens in obtaining second citizenship legally.
- Providing discreet, customized solutions based on each client’s personal and financial situation.
- Navigating the complexities of international law, taxation, and identity management.
We offer confidential consultations and expert guidance every step of the way.
📞 Contact Information
Phone: +1 (604) 200-5402
Email: info@amicusint.ca
Website: www.amicusint.ca
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