GlobalCostData.com — Cost of Living
TaxRatesByCountry.com — Tax Rates
Grenada · Tax Rates 2026
Tax Overview · North America

Tax Rates in Grenada
for Expats 2026

Grenada’s tax system at a glance: income tax 10.0%–30.0% (a moderate income tax jurisdiction), corporate 28.0%, VAT 15.0%. Grenada’s top income tax of 30.0% sits near the global median. Combined with 28.0% corporate tax and 15.0% VAT, the overall burden is manageable for most income levels.

Tax Overview · North America
Top marginal rate 30.0%  ·  Corporate 28.0%  (OECD avg: 36% / 23% — Grenada is below OECD avg (30% vs 36%))
Full breakdown ↓
OECD Tax Database 2026Grenada Tax Authority Updated April 2026YMYL · Not financial advice
Income Tax
30.0%
Top marginal rate · Moderate
0%OECD avg 36%60%+
Corporate Tax
28.0%
Moderate
VAT
15.0%
Low Tax
Capital Gains
0.0%
Zero
Social Security
4.5%
Employee rate
Territorial
No
Tax system
Nomad Visa
No
Digital nomad

Key Tax Rates at a Glance

Grenada 2026 · OECD-aligned data
OECD 2026
Income TaxTop marginal
30.0%
Corporate TaxStandard rate
28.0%
VATStandard rate
15.0%
Capital GainsInvestment rate
0.0%
Social SecurityEmployee share
4.5%
Tax TypeRateTierNotesSource
Income Tax — top rate30.0%ModerateTop marginal rateOECD 2026
Income Tax — lowest rate10.0%Entry rateOECD 2026
Corporate Tax28.0%ModerateStandard rateOECD 2026
VAT15.0%Low TaxStandard rateOECD 2026
Capital Gains Tax0.0%ZeroStandard rateOECD 2026
Social Security (employee)4.5%Employee contributionOECD 2026
Territorial TaxationNoWorldwide taxationOECD 2026
Digital Nomad VisaNoCheck official government sourcesOfficial

Grenada Special Tax Regime

Special tax regime · Grenada
Grenada Tax Authority

Grenada offers the Grenada Special Tax Regime for qualifying individuals. Grenada does not currently offer a dedicated nomad visa. Remote workers typically use long-stay or existing work-permit frameworks. The Grenada Special Tax Regime may still provide favourable treatment for qualifying new residents. This programme can substantially reduce the effective tax burden for new residents.

CriterionDetail
Who qualifiesQualifying expats, new tax residents, and internationally mobile professionals in Grenada.
Tax rate under regimePreferential rate under Grenada Special Tax Regime. Consult Grenada Tax Authority for current applicable terms.
DurationTypically 5–10 years depending on programme. Verify via official government sources.
Application processApplications filed through Grenada Tax Authority. Documents typically required: proof of income, prior tax clearance, and proof of qualifying activity or investment.
Key restrictionApplicants must generally not have been tax resident in Grenada during a qualifying look-back period (typically 3–5 years prior).

Income Tax Brackets

Annual income in USD · 2026
Grenada Tax Authority

Corporate Tax

Standard rate & incentives
OECD 2026

VAT & Consumption Taxes

Standard & reduced rates
OECD 2026

Capital Gains & Investment Income

Rates by asset type
OECD 2026

Social Security & Benefits

Employee & employer contributions
OECD 2026

Digital Nomad & Expat Visas

Visa-aligned tax pathways
Official

Check official government sources

Tax Scenarios — Effective Rates

Grenada · three income profiles
Computed 2026

Estimated all-in tax burden after income tax and employee social security. Assumes standard deductions; does not account for special regimes or itemised relief.

Employee · €30k
~€23,250/yreffective tax rate
Income tax 18.0% · Social sec 4.5% · Net effective 22.5%
Freelance · €75k
~€58,125/yreffective tax rate
Income tax 18.0% · Social sec 4.5% · Net effective 22.5%
Executive · €150k
~€116,250/yreffective tax rate
Income tax 18.0% · Net effective 22.5%

Tax Burden Calculator

Estimated take-home pay in —

$60,000
$20k$300k
Income Tax
— eff. rate
Social Security
— of gross
Monthly net
after tax & soc. sec.
Annual net
— total burden
Income tax
Social security
Net take-home

Key Insight

Grenada applies a 30.0% top personal income tax rate, 28.0% corporate tax, and 15.0% VAT — a standard tax structure for the region.

Free resource

Moving to Grenada?

Get our Expat Tax Checklist — key steps to optimise your tax position before you relocate.

Frequently Asked Questions

Grenada tax rates
What is the income tax rate in Grenada?
The top income tax rate in Grenada is 30.0%, with the entry band at 10.0%.
Is Grenada tax-friendly for digital nomads?
Grenada does not have a specific digital nomad visa. The territorial tax system is classified as no.
What is the corporate tax rate in Grenada?
The standard corporate tax rate in Grenada is 28.0%.
Does Grenada have capital gains tax?
Grenada has no capital gains tax.
Sources: OECD Tax Database 2026 · Grenada Tax Authority · Official government sources. Rates verified April 2026. Not financial or legal advice.
Updated April 2026. Sources: OECD, Tax Foundation, PWC. Methodology. For your specific situation: 30 min with a tax advisor = €120 well spent.