{"id":2289,"date":"2021-11-08T20:50:33","date_gmt":"2021-11-08T20:50:33","guid":{"rendered":"https:\/\/crystal-web.co.uk\/suntanner\/?page_id=2289"},"modified":"2022-04-29T21:34:24","modified_gmt":"2022-04-29T21:34:24","slug":"investing-in-grenada","status":"publish","type":"page","link":"https:\/\/crystal-web.co.uk\/suntanner\/investing-in-grenada\/","title":{"rendered":"Investing in Grenada"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"2289\" class=\"elementor elementor-2289\">\n\t\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7afdd3e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7afdd3e\" data-element_type=\"section\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3900495\" data-id=\"3900495\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-a57da13 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a57da13\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-614e1c5\" data-id=\"614e1c5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-eaf1dc4 elementor-widget elementor-widget-heading\" data-id=\"eaf1dc4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.5 - 27-04-2022 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">Investing in Grenada<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2862152 elementor-widget elementor-widget-heading\" data-id=\"2862152\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Overview<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7a31112 elementor-widget elementor-widget-text-editor\" data-id=\"7a31112\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.5 - 27-04-2022 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p class=\"font_8\">Investing in Grenada is very easy. There are no restrictions for investment in property or businesses for locals or foreigners. Grenada is one of the most politically stable countries in the region. It is a democratic state with a Westminster-style Parliamentary form of government and constitutionally held elections every five years. It has a governor general (representing Queen Elizabeth II, Head of State), a prime minister and a cabinet (executive branch), and a bicameral Parliament with an elected House of Representatives and an appointed Senate (legislative branch).<\/p><p class=\"font_8\">\u00a0<\/p><p class=\"font_8\">The Judiciary is independent of the executive and the legislature. Jurisprudence is based on English common law. The Privy Council of the United Kingdom serves as the highest appellate court.<\/p><p class=\"font_8\">Grenada has one of the most pristine physical environments in the Caribbean and offers residents, investors, tourists, migrant workers and overseas students a high quality of life, low crime, and a relatively unspoiled\u00a0natural environment.\u00a0\u00a0The country is classified as an upper middle-income country by the World Bank.<\/p><p class=\"font_8\">The physical beauty and tropical climate of the country are complemented by its rich history, and vibrant living cultural heritage. The Island\u2019s easy rhythms and friendly openness of its residents evoke an atmosphere that has long since vanished elsewhere. Residents are famous for their friendly and hospitable nature.<\/p><p class=\"font_8\">\u00a0<\/p><p class=\"font_8\">The country counts 110,000 inhabitants and the island of Grenada is 21 miles long by 12 miles wide making the total area 133 square miles.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8371d43 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8371d43\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-944872c\" data-id=\"944872c\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-8586d33 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8586d33\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-c48b244\" data-id=\"c48b244\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-aaf7366 elementor-widget elementor-widget-heading\" data-id=\"aaf7366\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">\nInformation For Land Buyers<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-b87eed5 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b87eed5\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-380ff02\" data-id=\"380ff02\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f7802f9 elementor-position-top elementor-vertical-align-top elementor-widget elementor-widget-image-box\" data-id=\"f7802f9\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.6.5 - 27-04-2022 *\/\n.elementor-widget-image-box .elementor-image-box-content{width:100%}@media (min-width:768px){.elementor-widget-image-box.elementor-position-left .elementor-image-box-wrapper,.elementor-widget-image-box.elementor-position-right .elementor-image-box-wrapper{display:-webkit-box;display:-ms-flexbox;display:flex}.elementor-widget-image-box.elementor-position-right .elementor-image-box-wrapper{text-align:right;-webkit-box-orient:horizontal;-webkit-box-direction:reverse;-ms-flex-direction:row-reverse;flex-direction:row-reverse}.elementor-widget-image-box.elementor-position-left .elementor-image-box-wrapper{text-align:left;-webkit-box-orient:horizontal;-webkit-box-direction:normal;-ms-flex-direction:row;flex-direction:row}.elementor-widget-image-box.elementor-position-top .elementor-image-box-img{margin:auto}.elementor-widget-image-box.elementor-vertical-align-top .elementor-image-box-wrapper{-webkit-box-align:start;-ms-flex-align:start;align-items:flex-start}.elementor-widget-image-box.elementor-vertical-align-middle .elementor-image-box-wrapper{-webkit-box-align:center;-ms-flex-align:center;align-items:center}.elementor-widget-image-box.elementor-vertical-align-bottom .elementor-image-box-wrapper{-webkit-box-align:end;-ms-flex-align:end;align-items:flex-end}}@media (max-width:767px){.elementor-widget-image-box .elementor-image-box-img{margin-left:auto!important;margin-right:auto!important;margin-bottom:15px}}.elementor-widget-image-box .elementor-image-box-img{display:inline-block}.elementor-widget-image-box .elementor-image-box-title a{color:inherit}.elementor-widget-image-box .elementor-image-box-wrapper{text-align:center}.elementor-widget-image-box .elementor-image-box-description{margin:0}<\/style><div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img width=\"1366\" height=\"1030\" src=\"https:\/\/crystal-web.co.uk\/suntanner\/wp-content\/uploads\/2022\/04\/Investing-in-Grenada-Alien-Land-Holding.jpg\" class=\"elementor-animation-shrink attachment-full size-full\" alt=\"\" loading=\"lazy\" \/><\/figure><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">Alien landholding Licence<\/h3><p class=\"elementor-image-box-description\">All non-nationals are required to obtain an Alien Landholding Licence to hold interest in land, real estate or shares or to be directors of companies that own real estate. The process takes approximately\u00a0three months.<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-e3710ac\" data-id=\"e3710ac\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3dbe336 elementor-position-top elementor-vertical-align-top elementor-widget elementor-widget-image-box\" data-id=\"3dbe336\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img width=\"1600\" height=\"1200\" src=\"https:\/\/crystal-web.co.uk\/suntanner\/wp-content\/uploads\/2022\/04\/Investing-in-Grenada-Property-Transfer-Tax.jpg\" class=\"elementor-animation-shrink attachment-full size-full\" alt=\"\" loading=\"lazy\" \/><\/figure><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">Property transfer tax<\/h3><p class=\"elementor-image-box-description\"><strong>Non-Nationals<\/strong><br><br>\n\nOnce the landholding licence has been granted a fee of 10% on the value of the land or interest in land, share or debenture is charged and payable to the Government of Grenada upon completion. When selling 15% of the selling price is charged.\u00a0The first $20,000 E.C. is exempted.\n\n<br><br><strong>Grenada Citizens<\/strong><br><br>\n\nWhen selling, 5% of the selling price is charged and payable to the Government upon completion.<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-ff7b024\" data-id=\"ff7b024\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a265ca0 elementor-position-top elementor-vertical-align-top elementor-widget elementor-widget-image-box\" data-id=\"a265ca0\" data-element_type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img width=\"1800\" height=\"1349\" src=\"https:\/\/crystal-web.co.uk\/suntanner\/wp-content\/uploads\/2022\/04\/Investing-in-Grenada-Property-Tax.jpg\" class=\"elementor-animation-shrink attachment-full size-full\" alt=\"\" loading=\"lazy\" \/><\/figure><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">Property tax<\/h3><p class=\"elementor-image-box-description\">Property tax is the charge placed by the Government on real property. The property is assessed at market value and a taxable rate is applied based on the land use classification.<\/p><\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ce9abc0 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ce9abc0\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b996b63\" data-id=\"b996b63\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-75ae276 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"75ae276\" data-element_type=\"section\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-4cebd8f\" data-id=\"4cebd8f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5d0e7bd elementor-widget elementor-widget-heading\" data-id=\"5d0e7bd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Information for property developers<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-878dbc4 elementor-widget elementor-widget-heading\" data-id=\"878dbc4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Land Development<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-889cb95 elementor-widget elementor-widget-text-editor\" data-id=\"889cb95\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tThe Planning and Development Control Authority regulates land development. Building permits are required for the development of property in Grenada. An application must be submitted to the Planning and Development Control Authority and must include the following:\n<ul>\n \t<li>\n<p class=\"font_8\">Three copies of the application form<\/p>\n<\/li>\n \t<li>\n<p class=\"font_8\">Three copies of drawings to include a location plan, site plan, floor elevation and sectional plans and structural engineering plans<\/p>\n<\/li>\n \t<li>\n<p class=\"font_8\">A topography plan.<\/p>\n<\/li>\n<\/ul>\nProcessing time is approximately two months.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e2ef2f8 elementor-widget elementor-widget-heading\" data-id=\"e2ef2f8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Government concessions<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0156ac9 elementor-widget elementor-widget-text-editor\" data-id=\"0156ac9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>The Government of Grenada encourages tourism development and the development of new businesses and offers a range of incentives and concessions to potential investors.<\/p>\n\n<p>These include tax\u00a0exemptions, exemptions on\u00a0customs\u00a0duties on materials for construction, articles of hotel equipment, and\u00a0commercial vehicles.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Investing in Grenada Overview Investing in Grenada is very easy. There are no restrictions for investment in property or businesses for locals or foreigners. Grenada is one of the most politically stable countries in the region. It is a democratic state with a Westminster-style Parliamentary form of government and constitutionally held elections every five years. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"_links":{"self":[{"href":"https:\/\/crystal-web.co.uk\/suntanner\/wp-json\/wp\/v2\/pages\/2289"}],"collection":[{"href":"https:\/\/crystal-web.co.uk\/suntanner\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/crystal-web.co.uk\/suntanner\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/crystal-web.co.uk\/suntanner\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/crystal-web.co.uk\/suntanner\/wp-json\/wp\/v2\/comments?post=2289"}],"version-history":[{"count":57,"href":"https:\/\/crystal-web.co.uk\/suntanner\/wp-json\/wp\/v2\/pages\/2289\/revisions"}],"predecessor-version":[{"id":5368,"href":"https:\/\/crystal-web.co.uk\/suntanner\/wp-json\/wp\/v2\/pages\/2289\/revisions\/5368"}],"wp:attachment":[{"href":"https:\/\/crystal-web.co.uk\/suntanner\/wp-json\/wp\/v2\/media?parent=2289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}