Grenada
Grenada is measured on 1 of the 4 factors. No published figure exists for tax or safety or cost of living, so it is not ranked: an average over some of the factors is a different quantity from an average over all of them, and comparing the two would reward the gap. The figures below are published as they stand.
How Grenada performs
Tax
Data not available for this country.
Source: Heritage Foundation, Index of Economic Freedom (Tax Burden sub-score)
Safety
Data not available for this country.
Source: Institute for Economics and Peace, Global Peace Index
Cost of Living
Data not available for this country.
Source: Numbeo Cost of Living Index
Education
Below average. Education here is weaker than in most countries we cover (79th of 120). Families may want to look at international schools.
Source: UNDP & MBRF, Global Knowledge Index
Every figure is published by the institution named against it. We do not adjust, model or estimate the underlying values. See the formulas.
The detail behind the scores
Taxation
| Corporate income tax | 28% |
|---|---|
| Personal income tax | 10% or 28% Higher tax rate applicable to earning over XCD 24,000 |
| Standard VAT | 15% |
Rates change without notice. Confirm with the relevant tax authority before acting.
Naturalization Requirements and Immigration Pathway
- Residence for naturalization
- 8 yearsSome exception applies
- Language requirement
- YesAdequate knowledge of the English language
- Investment Immigration Pathway
- Grenada Citizenship by Investment
- Official language
- English
- Dual citizenship
- Allows dual citizenship
1 immigration pathway
Program terms change. Always confirm the current rules with the issuing authority before acting. This page is informational and is not legal or tax advice.
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