Tax residency in Grenada
How to become a tax resident — and how hard it is to leave.
How do I become a tax resident of Grenada?
You become a tax resident of Grenada after spending 183 days in the country. Grenada operates a territorial tax system.
Common questions
- What is Grenada's tax system?
- Grenada uses a territorial tax system. This means only income sourced within Grenada is subject to its taxes.
- Does Grenada have an exit tax?
- No, Grenada does not have an exit tax.
- What are the routes to residency in Grenada?
- Grenada offers residency through a nomad visa and citizenship by investment programs. The ease of obtaining residency is rated as easy.
How to become a tax resident
Typically after 183+ days of presence in a year — or any of:
- physically present in Grenada for at least 183 days in a fiscal/calendar year
Grenada offers a dedicated remote-worker visa for up to 1 year, renewable for another year, and also a direct citizenship-by-investment route; there is not a separate residence-by-investment 'golden visa' in the sources provided.
How to break residency
easy to leaveTax residency for individuals is based solely on a 183‑day physical presence test, so ceasing to be resident is generally achieved by spending fewer than 183 days in Grenada and no longer meeting that presence threshold; there are no published domicile or citizenship-based tail rules.
“Resident individuals are taxed on their income derived from Grenada. Nonresident are taxed on income derived or sourced in Grenada at a rate of 10% on the first XCD 24,000 and 30% on income exceeding the amount aforementioned. Residence in terms of personal taxation is an individual who is physically present in Grenada for at least 183 days in a fiscal year.” — Grenada Inland Revenue Division / Income Tax Act (via Grenada Parliament)
Estimate — confirm against the linked sources. See methodology.