Grenada Passport VS Passports of Minor Countries
The biggest selling point of Grenada’s passport is that it is “the only Caribbean passport that can apply for a U.S. E-2 visa.” But the cost of US$230,000 + E-2 renewal every 5 years + investment of US$100,000-200,000 in the United States... The real cost of this "springboard", the agent will not tell you.
Grenada Passport + E-2 Visa = Complete Cost Comparison
Most people only see the passport cost but ignore the hidden costs of the E-2 visa
+ Renewal every 5 years + CRS monitoring
Non-CRS + financial freedom
4 Hidden Costs of E-2 Visa “Springboard to the United States”
The agency will only tell you "you can apply for an E-2 visa to go to the United States", but will not tell you the real costs.
Passports Are Expensive
A single donation for Grenada Passport is at least US$150,000, plus government fees, due diligence fees, and legal fees, the actual total cost is approximately US$235,000. This is just the cost of the passport itself.
$150,000 (donation) + $50,000 (government fees) + $25,000 (lawyer fees) + $10,000 (others) = $235,000
The E-2 Visa Requires Investing in the United States
After obtaining a Grenada passport, if you want to apply for an E-2 visa, you still need to invest or open a company in the United States. The investment amount is usually US$100,000-200,000. And it must be a "substantial investment", not just buying a house.
Minimum investment of $100,000-200,000 + job creation + sustainable operation, long-term capital lock-in
E-2 Visa Needs to Be Renewed Every 5 Years
The E-2 is not a permanent visa and needs to be renewed every 5 years. Each renewal requires proof that your U.S. business is still operating normally, profitable, and creating jobs. If the business fails, the visa will be invalid.
Renewal fee every 5 years $3,000-5,000 + attorney fees $5,000-10,000, cumulative cost in 20 years $50,000+
Children Lose Eligibility after Turning 21
Children of E-2 visas are no longer "dependent applicants" after they turn 21 and cannot continue to stay in the United States. If the child wants to continue to stay in the United States, he or she needs to change status (such as F-1 student visa) or apply for a green card independently.
Children need to apply for status independently after turning 21, and may face departure. The risk of family separation is high.
Member-Only Content
Login is required to access this content.