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 underneath 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 accessible 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 buyers serious about 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 ascertain or direct companies within the US, topic to relevant funding and different necessities.
On software timelines, Anthony stated choices on simple functions may very well be reached inside six to eight months of submission, relying on particular person circumstances.
The dialogue additionally coated the programme’s actual property funding choice, significantly the excellence between the prescribed funding holding interval and the period 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 may prolong 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, stated the agency’s companies went past citizenship and passport acquisition to incorporate actual property, authorities advisory and personal shopper companies.
Furthermore, she stated the group has actual property pursuits in Cyprus, Greece, Thailand, Bali and Dubai, alongside authorities advisory engagements in Argentina and São Tomé and Príncipe.”
