Iyke Bede
Discussions round second citizenship, worldwide mobility and generational wealth planning featured prominently at a cocktail occasion hosted by Passport Legacy, a Swiss-owned funding migration advisory agency working beneath PL Group, in Lagos.
The occasion featured the Chief Executive Officer of Grenada’s Investment Migration Agency (IMA), Thomas Anthony, who mentioned the Caribbean nation’s Citizenship by Investment (CBI) programme, its funding choices and the advantages out there to potential candidates.
Anthony highlighted Grenada’s entry to regional markets by way of financial preparations, together with the Organisation of Eastern Caribbean States (OECS), in addition to alternatives for traders occupied with establishing companies within the nation.
He additionally mentioned the relevance of Grenadian citizenship to the United States’ E-2 Treaty Investor visa, which permits eligible Grenadian nationals to use to determine or direct companies within the US, topic to relevant funding and different necessities.
On utility timelines, Anthony mentioned choices on easy purposes could possibly be reached inside six to eight months of submission, relying on particular person circumstances.
The dialogue additionally lined the programme’s actual property funding possibility, notably the excellence between the prescribed funding holding interval and the length of citizenship. Anthony defined that disposing of an eligible funding after the required holding interval doesn’t, in itself, terminate citizenship as soon as lawfully granted, topic to relevant legal guidelines and programme necessities.
He additional famous that Grenadian citizenship might lengthen to eligible subsequent generations in accordance with the nation’s citizenship legal guidelines and registration necessities, highlighting its potential relevance to long-term household planning.
Managing Director of Passport Legacy Nigeria, Weyinmi Oritsejafor, mentioned the agency’s providers went past citizenship and passport acquisition to incorporate actual property, authorities advisory and personal shopper providers.
Furthermore, she mentioned the group has actual property pursuits in Cyprus, Greece, Thailand, Bali and Dubai, alongside authorities advisory engagements in Argentina and São Tomé and Príncipe.”
