Caribbean & Atlantic
Grenada: tax at a glance
A two-band income tax up to 30%, 28% corporate tax and 15% VAT. There is no capital gains, wealth or inheritance tax.
Worldwide (residence-based)
Last verified
Ways to relocate to Grenada
The residency and citizenship routes that lead here, weighed against the tax picture above.
The taxes
- Personal income (top)
- 30%Two bands, 15% and 30%. The top rate applies above XCD 36,000 of taxable income.
- Corporate income
- 28%
- Capital gains
- None. There is no capital gains tax.
- VAT
- 15%
- Dividends (WHT)
- 15%
- Interest (WHT)
- 15%
- Royalties (WHT)
- 15%
- Social security (employee)
- 5%
- Social security (employer)
- 6%
- Wealth tax
- None
- Inheritance / estate
- None
- Property tax
- Annual property tax on market value, plus a property transfer tax on sales.
How the system works
- Tax system
- Worldwide (residence-based)
- Foreign income
- Taxed (worldwide)
- Taxes by citizenship
- No
- Exit tax
- No
- CFC rules
- No
- CRS
- Participating
The rates below are indicative headline figures (top marginal, standard, and headline rates), reviewed 2026-07. Brackets, surcharges, and state, provincial or cantonal taxes vary. Treat this as a reference map, not advice.