Client story
Client's story
Where they started
The client founded and developed an IT startup, then sold it. He planned to direct the proceeds, among other purposes, towards Grenada citizenship. However, the bank froze the funds from the startup sale, requiring verification of their source.
Why the standard route did not work
Such freezes are common precisely with technology transactions. A startup sale is not a simple transfer: complex transaction structure, often a foreign buyer, equity stakes, options, escrow, phased payments. For a bank, large sums with such a convoluted history triggers a freeze pending clarification, even if everything is entirely legitimate.
What BRIDGES had to solve
It is important to understand: the problem is not the legality of the funds, but rather the lack of transparency in the transaction for the bank. The capital is clean, the startup is real, the sale occurred—one merely needs to disclose the structure so the bank sees the complete picture: what the startup is, to whom it was sold, how the deal is structured, where the buyer's funds came from, how the money reached the client. A disclosed transaction removes the freeze.
Why a standard answer would not do
At BRIDGES, the client came to solve both tasks simultaneously: disclose the startup sale structure, unblock the funds, and use them to obtain Grenada citizenship.
I sold my IT startup, and the bank froze the funds—demanding I verify the source. The deal was complex: foreign buyer, equity stakes, escrow. Sergey and his team disclosed the entire structure: what the startup was, to whom it was sold, how the deal was structured, where the buyer's funds came from. The bank saw the complete picture, unblocked the funds, and I obtained Grenada citizenship. The money was legitimate—the startup sale simply needed to be presented to the bank transparently rather than hoping the bank would sort it out on its own.
