Wednesday, 20 August 2008
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Alien Land Holding Alien License Procedure The Government of Grenada requires that non-nationals purchase a Land Holding License. For your basic information, the following documents are required. Windward Realty’s Attorney will advise. · Banker's reference letters · Character references · Police Character references if possible ( will advise ) Required Fees: * 10% of purchase price - Alien Land Holding Licence payable to the Government of Grenada. * 1% of purchase price - Stamp Duty for Conveyance * 2% of purchase price - Legal fees for Conveyance * 5% of legal fees - To the Government of Grenada for General Consumption Tax (GCT). * EC$250.00 - Additional Government fees. (Approx.) EC$1,800.00 - Legal fees for application for Alien Land Holding Licence + EC$90.00 GCT + EC$25.00 Stamp Duty payable to the Government of Grenada. (Approx.) |