Caribbean & Atlantic
Grenada tax rates 2026
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
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
Rates checked July 2026: the top marginal income tax rate, the standard VAT rate and the main corporate rate.
Ways to relocate to Grenada
The residency and citizenship routes that lead here, weighed against the tax picture above.