Unlock freedom without terms & conditions.
🇬🇩

Grenada

GD • ENGLISH • XCD ($)

Grenada, the 'Spice Isle,' offers a compelling sanctuary for sovereign individuals. Its tax-friendly regime—featuring no capital gains, inheritance, or global income taxes—complements a robust Citizenship by Investment program. While bureaucracy persists, the environment is politically stable and safe, boasting a rare E-2 treaty with the US. For entrepreneurs seeking a Caribbean base with high personal liberty, minimal state overreach, and a high quality of life, Grenada provides a strategic, predictable, and sun-drenched gateway to global markets.

Upsides
  • Attractive Citizenship by Investment program offering enhanced global mobility and strategic tax planning opportunities
  • Absence of capital gains, inheritance, and foreign income taxes for qualifying tax residents
  • Relatively stable political environment with strong property rights and low levels of violent crime
Downsides
  • High electricity costs and limited infrastructure development impacting long-term operational efficiency
  • Significant import duties and Value Added Tax burdens increasing the cost of doing business
  • Small domestic market size and bureaucratic inefficiencies in obtaining necessary permits and licenses

Taxation

Tax Treaties 0
IP Box ? Intellectual Property Box. A tax incentive offering reduced rates on income derived from patents, copyrights, and other intellectual property. No
Exit Tax ? A tax on unrealized capital gains triggered when a taxpayer moves their tax residence to another country. No

Compliance

BEPS ? Base Erosion and Profit Shifting. An OECD framework to combat tax avoidance strategies used by multinationals to shift profits to low-tax jurisdictions. Member
FATF ? Financial Action Task Force. An intergovernmental body that sets standards to prevent money laundering and terrorist financing worldwide. Non-member
FATCA ? Foreign Account Tax Compliance Act. A US law requiring foreign banks to report accounts held by US citizens to the IRS. Signatory
CRS ? Common Reporting Standard. An OECD standard for automatic exchange of financial account information between tax authorities globally. Signatory

Blacklists

FATF Blacklist ? Countries identified by FATF as having serious deficiencies in anti-money laundering and counter-terrorist financing measures. Clear
EU Blacklist ? The EU list of non-cooperative tax jurisdictions. Countries that fail to meet transparency and fair taxation standards. Clear

Payment Platforms

Stripe Unavailable
PayPal Unavailable

Articles about Grenada