Grenada tax
Tax residence: At least 183 days in year of assessment. 2 special regimes for new residents: Remote-work permit income tax exemption and Income tax charged on income accrued from sources in Grenada.
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Tax residence
- At least 183 days in year of assessment · Physical presence for not less than 183 days in the year of assessment makes an individual resident.
- An individual is resident if the permanent place of abode is in Grenada and the person is present for some period in the year, or if present for 183 days or more in the year, or continuous with such a period in an adjacent year.
Special regimes for new residents
Special regime
Remote-work permit income tax exemption
Tax relief
Details
- On: Income generated outside Grenada
No Grenadian income tax is payable on income generated outside Grenada by a remote-work permit holder or dependant, who are also deemed non-resident for the Citizenship Act, Immigration Act and Representation of the People Act. 4
Taxed on
Income generated outside Grenada
Who it applies to
- Holder of a remote-work permit and dependants, for the permit period.
Exclusions
- Income from employment or services in Grenada is outside the permit conditions.
Tax residence
Permit holders are presumed non-resident for the three Acts listed.
Visas
Tied to the remote-work permit under the Remote Employment Act, 2021.
Other taxes
Conditional duty exemptions on personal effects are listed in Schedule III of the Act.
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Special regime
Grenada: income tax charged on income accrued from sources in Grenada
Tax relief
Details
- On: Amounts accrued directly or indirectly from sources in Grenada (s.8)
- Who: Applies to residents and non-residents alike
- Limit: XCD 24k/yr ≈ $8,890
The Income Tax Act defines assessable income of both residents and non-residents as amounts accrued from sources in Grenada, so foreign-source income of a Grenada resident is outside the charge to tax unless it is deemed to arise in Grenada (for example employment exercised outside Grenada by an ordinarily resident person where payment is charged directly to a Grenadian source). 5 6 3
Taxed on
Amounts accrued directly or indirectly from sources in Grenada (s.8), with deemed Grenadian sources in s.10; individual rates in the Fifth Schedule: 10% on the first XCD 24,000 (≈ $8,890) of chargeable income (15% before 1 January 2017, changed by SRO 2 of 2017) and 30% on the excess (SRO 1 of 2014).
Who it applies to
- Applies to residents and non-residents alike; individual resident if present for 183 days, or with a permanent place of abode and some presence.
Exclusions
- Income deemed to accrue from Grenadian sources under s.10 is taxable even if earned abroad.
- Interest accruing to banks and banking businesses in Grenada is taxable whether or not received in Grenada.
Limits
- XCD 24,000 a year (≈ $8,890) · Chargeable income up to this amount taxed at 10% (15% before 1 January 2017); the excess at 30%.
Days in the country
- At least 183 days in year of assessment · Resident in Grenada if physically present for not less than 183 days in the year of assessment (definition of resident in Grenada, para (a)(ii)); a permanent place of abode in Grenada plus some presence also qualifies
Tax residence
Statutory residence by 183 days or permanent abode with some presence; the scope-of-charge rule (s.8) uses sources in Grenada for residents and non-residents.
Visas
The tax treatment follows from the Income Tax Act and is independent of citizenship-by-investment or residence permit status.
Other taxes
Company rate under SRO 1 of 2014 is 30%.
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Which visas the regimes apply to
- Remote-work permit income tax exemption: Remote work permit. Tied to the remote-work permit under the Remote Employment Act, 2021.
Standard rules and foreign-source income
Standard rules
Personal income tax and territorial basis
30% tax
Details
- Who: Residents and non-residents are charged on Grenadian-source income only
- Limit: XCD 24k/yr ≈ $8,890
The Income Tax Act taxes assessable income accrued from sources in Grenada for both residents and non-residents; individuals pay 10% on the first EC$24,000 of chargeable income (SRO 2 of 2017, from 1 January 2017) and 30% above (SRO 1 of 2014), after a EC$36,000 allowance for residents. 1 2 3
Taxed on
Income accrued from sources in Grenada (employment exercised in Grenada, local business and other Grenadian-source income)
Who it applies to
- Residents and non-residents are charged on Grenadian-source income only.
Exclusions
- Income accruing from a source outside Grenada to a retired individual who was not resident in Grenada before retirement is exempt.
Limits
- XCD 24,000 a year (≈ $8,890) · First EC$24,000 of chargeable income taxed at 10% (15% before 1 January 2017); the excess at 30%.
- XCD 36,000 a year (≈ $13,300) · Resident individuals deduct the first EC$36,000 of assessable income (s.42A as amended by SRO 1 of 2014).
Days in the country
- At least 183 days in year of assessment · Physical presence for not less than 183 days in the year of assessment makes an individual resident.
Tax residence
An individual is resident if the permanent place of abode is in Grenada and the person is present for some period in the year, or if present for 183 days or more in the year, or continuous with such a period in an adjacent year.
Visas
Citizenship by investment and the Remote Employment permit do not change the territorial basis; remote-work permit holders are separately exempted from income tax on income generated outside Grenada.
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VAT, social security and other taxes
- Conditional duty exemptions on personal effects are listed in Schedule III of the Act.
- Company rate under SRO 1 of 2014 is 30%.
Questions people ask
When do you become a tax resident in Grenada?
At least 183 days in year of assessment (Physical presence for not less than 183 days in the year of assessment makes an individual resident). An individual is resident if the permanent place of abode is in Grenada and the person is present for some period in the year, or if present for 183 days or more in the year, or continuous with such a period in an adjacent year.
Who qualifies for Remote-work permit income tax exemption?
Holder of a remote-work permit and dependants, for the permit period. Tied to the remote-work permit under the Remote Employment Act, 2021.
Who qualifies for Income tax charged on income accrued from sources in Grenada?
Applies to residents and non-residents alike; individual resident if present for 183 days, or with a permanent place of abode and some presence. The tax treatment follows from the Income Tax Act and is independent of citizenship-by-investment or residence permit status.
Is there a tax break for Remote work permit holders in Grenada?
Remote-work permit income tax exemption: No Grenadian income tax is payable on income generated outside Grenada by a remote-work permit holder or dependant, who are also deemed non-resident for the Citizenship Act, Immigration Act and Representation of the People Act. It's separate from the visa and has its own conditions.
≈ USD figures are approximate: daily reference rates from ExchangeRate-API, dated 12 Oct 2026, refreshed when the site is updated.
Sources (6)
Official sources
- Income Tax Act, Cap. 149 · Government of Grenada (laws.gov.gd) · checked 2026-10-10
- Income Tax (Amendment) Order, 2014 (SRO 1 of 2014) · Government of Grenada (laws.gov.gd) · checked 2026-10-10 · published 2014-01-07
- Income Tax (Amendment) Order, 2017 (SRO 2 of 2017) · Government of Grenada (laws.gov.gd) · checked 2026-10-12 · published 2017-02-17
- Remote Employment Act, 2021 (Act No. 3 of 2021) · Government of Grenada (laws.gov.gd) · checked 2026-10-10 · published 2021-07-09
- Chapter 149 Income Tax Act (Act No. 36 of 1994 as amended to Act No. 2 of 2010) · Government of Grenada · checked 2026-10-10
- Income Tax (Amendment) Order 2014, SRO No. 1 of 2014 · Government of Grenada · checked 2026-10-10 · published 2014-01-07