Grenada

Last update: 2026-06-13
GD XCD$ English
Pros
Attractive Citizenship by Investment program for enhanced global mobility and strategic tax planning.
Absence of capital gains, inheritance, and gift taxes for residents within a favorable fiscal framework.
Stable democratic environment with relatively low corruption levels compared to regional neighbors.
Cons
High import duties and complex customs procedures as factors for elevated operational costs.
Limited physical infrastructure and high utility prices as barriers to industrial scalability.
Small domestic market size and significant economic vulnerability to external tourism shocks.
Personal income
NONE
Corporate
NONE
Capital gains
NONE
VAT (standard)
NONE
i 2.9 VERY LOW TAX
i 2 CRYPTO HAVEN
i 2 PRIVACY GRADE
i 0.9 EASY CITIZENSHIP
i 0.5 HOLDING
i 0.5 DIVIDEND PIPELINE
VERYLOW TAX 2.9/10 HOLDING 0.5/10 DIVIDENDPIPELINE 0.5/10 CRYPTOHAVEN 2/10 PRIVACYGRADE 2/10 EASYCITIZENSHIP 0.9/10
01/08

Will Grenada tax what you earn?

income tax tax residency territorial system

NO. Grenada doesn't tax personal income, and doesn't reach for you when you settle. No withholding, no return, no centre-of-vital-interests test waiting to trip. Salary is a non-event here, both in the rate and in the paperwork.

Personal income taxi
NONE
no personal income tax framework
Income simulatori
N/A
no income tax framework — nothing to simulate
Tax residence testi
N/A
no formal tax residency test · matters mainly for citizenship / immigration tracks
02/08

Will Grenada tax what you own?

capital gains wealth tax inheritance dividends interest

NO. Grenada doesn't tax what you hold. No capital gains, no annual wealth assessment, no inheritance regime. The value sitting in your portfolio compounds untouched, and leaves it the same way it arrived.

Capital gainsi
NONE
no capital gains regime
Dividend taxi
NONE
no dividend tax
Interest incomei
NONE
no interest income tax
Wealth taxi
NONE
no annual wealth tax · no real-estate wealth tax · no net-worth assessment
Crypto · tax regimei
Regime
ZERO TAX
Rate
0%
Grenada does not impose a Capital Gains Tax on individuals, making casual cryptocurrency investment gains effectively tax-free. Crypto-assets are generally classified as intangible property. However, if an individual's activity is deemed 'professional trading' or a 'business venture,' profits are treated as ordinary income and taxed at progressive rates (10% and 28%) after a personal allowance of XCD 36,000.
Crypto-to-cryptoi
NEUTRAL
a swap is not a taxable realisation event
FATF travel rulei
NOT SIGNED
no information-sharing obligation on VASP transfers
Inheritance systemi
NONE
no estate tax · no heir-based duties · no succession tax framework. Wealth transfers across heir-classes are not taxed in this jurisdiction. Only standard probate / registration fees may apply.
03/08

Is it easy to run a company in Grenada?

corporate tax criminal liability public registry VAT IP box

YES. Grenada has no corporate income tax and no criminal liability for misuse of corporate assets: fiscally and legally weightless. The catch: corporate registries are public, so your name as shareholder shows up in a search portal. The state doesn't tax you and doesn't prosecute you; it just exposes you.

Corporate taxi
NONE
no corporate income tax framework
IP Box · Patent Boxi
NONE
no IP regime · IP income taxed under standard corporate rules
Misuse of corporate assetsi
NO CRIMINAL LIABILITY
N/A - Civil Matter
Grenada is a common law jurisdiction where the misuse of corporate assets by a sole shareholder-director of a solvent company is treated as a civil breach of fiduciary duty or an illegal distribution (Companies Act, Cap. 58A, Sections 51, 53, and 97) rather than a criminal offense. Under the Criminal Code (Cap. 72A), offenses such as 'fraudulent conversion' or 'theft' require an element of 'dishonesty' or 'intent to defraud'; since the sole owner-manager is the 'mind and will' of the company and consents to the transaction, and the company remains solvent (meaning no creditors are defrauded), the criminal threshold is not met.
Shareholders privacyi
PUBLIC PAYWALL
Corporate Affairs and Intellectual Property Office (CAIPO)
Directors privacyi
PUBLIC PAYWALL
Corporate Affairs and Intellectual Property Office (CAIPO)
Incorporation costi
Private Limited Liability Company
Private Limited Liability Company
Government Registration Fee (CAIPO) USD 222
Professional Legal/Incorporation Fees USD 963
VAT on Professional Fees (15%) USD 144
Name Search and Reservation Fee USD 4
Company Seal and Notice of Secretary USD 28
Total USD 1,361
VAT standard ratei
NONE
no general VAT · no consumption tax framework
04/08

Is Grenada good for your holding company?

treaty network participation exemption withholding

NO. Grenada doesn't carry a treaty network, which makes it unsuitable as a holding jurisdiction. Any dividend flowing in or out faces full statutory withholding, and no domestic participation exemption can compensate for missing relief on the source side.

Territorial systemi
Individuals
TERRITORIAL
Corporates
WORLDWIDE
Individuals: territorial — foreign-source income generally untaxed. Corporates: worldwide.
Participation exemptioni
NONE
no dividend participation exemption regime
CFC rulesi
NONE
no controlled foreign corporation regime · foreign-source corporate income out of scope
WHT · dividendsi
no withholding on outbound dividends
WHT · interest
no withholding on outbound interest
WHT · royalties
no withholding on outbound royalties
Tax-haven WHT
no punitive rate on record
Treaties signedi
0
active
Treaties pending
in negotiation
Tax treaty networki
origin · GD 0% > 0% no treaty
Inspect a country
Hover any country on the map to read its withholding-tax treaty with GD.
Country Status Dividends Interest Royalties
// no treaties match
05/08

What does it cost to come and go from Grenada?

exit tax territorial system dual citizenship

LITTLE. Coming and going from Grenada is cheap. The country runs a territorial system (foreign income stays foreign), and there's no exit tax on departure. You leave with what you came in with, plus whatever you earned abroad while you were here.

Exit taxi
NONE
no triggers active · residence change tax-free · no deemed-disposal mechanism
Dual citizenship
ALLOWED
naturalised citizens may keep their existing nationality
Citizenship paths
Residence
Marriage
Birth
Descent
Investment
06/08

Will Grenada protect your privacy?

info exchange corporate registries

PARTLY. Grenada has signed most of the standard exchange frameworks and operates a public corporate registry. Financial accounts are reported to your home tax authority, and your shareholdings are visible to anyone. Privacy is shallow on both axes.

Multilateral reporting frameworks 3/10 active · 3 pending
CRS
2018
CARF
FATCA
2014
MLI
BEPS
MAAC
2018
GLOBAL FORUM
EOIR
CRYPTO-CARF
CRYPTO TRAVEL RULE
07/08

Is Grenada itself a liability?

blacklists FATF standing

SOMEWHAT. Grenada is flagged by one or two national tax authorities and sits outside FATF membership. Selective friction: anti-abuse rules trigger on transactions in specific corridors, and counterparties tend to ask more questions.

Blacklist exposure Listed by 2 authorities
FATF
grey / black list
EU
non-cooperative list
FRANCE
ETNC list
SPAIN
tax-haven list
PORTUGAL
favourable regimes
BRAZIL
low-tax list
08/08

Will you feel free in Grenada?

press freedom crypto CBDC EU

Not enough data to assess civil liberties and financial freedom in Grenada.

Press freedom · RSF indexi
Central bank digital currencyi
NONE
no announced CBDC program · no pilot · no retail or wholesale prototype on record
SEE ALSO

Other jurisdictions worth comparing

Picked by similarity of strategic profile to Grenada. No editorial ranking — neighbours in the same scoring space.

PROFILE-ADJACENT Same shape, comparable overall friction.
NOTABLY MORE FAVORABLE Same family of strategies, higher total score.
NOTABLY LESS FAVORABLE Same family of strategies, lower total score.