Grenada tax rates
The top rates a resident individual pays on each kind of income, computed by the Sovereign tax engine from its Grenada tax profile.
Sources incomplete — at least one figure has no accepted source yet. Figures last changed 4 November 2026. Profile last reviewed 27 May 2026.
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| Salary | Capital gains | Dividends | Interest | Rent | Crypto gains | |
|---|---|---|---|---|---|---|
| Grenada | 28% | 0% | 0% | 0% | 28% | not computed |
Crypto gains: not computed. Tax character of token receipts/disposals unresolved.
Each figure is the tax on one more unit of a very large amount of that income, with every layer the engine models: surtaxes and uncapped social contributions included. It is the top marginal rate, not the average rate you pay on all your income.
What is the top income tax rate in Grenada?
The top rate on a salary is 28%. It is the tax on each extra unit of a very high salary, with surtaxes and uncapped social contributions included. The income tax scale alone reaches 28% above XCD 24,000.
How are capital gains taxed in Grenada?
Grenada does not tax a capital gain on shares held as an investment in our model. The rate does not depend on how long you held the asset.
How are dividends and interest taxed in Grenada?
In our model Grenada charges no tax on dividends or interest received by a resident individual.
How is crypto taxed in Grenada?
In our model Grenada does not tax a private investor's gain on crypto assets.
Does Grenada tax foreign income?
Generally no. Grenada taxes income from sources in Grenada. Income from abroad is generally outside the tax, with exceptions.
Does Grenada have a wealth tax?
No. Grenada has no recurring national tax on net wealth in our model. Property taxes and taxes on gifts or inheritances are separate.
Does Grenada have an exit tax for individuals?
No. In our model Grenada does not tax an individual's unrealised gains when the individual moves abroad.
What programmes does the Grenada profile list?
CBI — National Transformation Fund (NTF) Donation (information only; not numerically modelled); CBI — Approved Real Estate (information only; not numerically modelled). A citizenship, a residence permit or a company incentive is not by itself a personal tax concession: the ordinary tax rules and the taxpayer's eligibility still apply.
When do you become tax resident in Grenada?
The Grenada day test (At least 183 days in the year of assessment): at least 183 days in the calendar year of assessment. A permanent abode, adjacent-year continuity, and treaty status need separate review. Citizenship by investment is not a residence test.
Residence decides whether Grenada taxes you on these rates. See the Grenada day-count test and count your own days.
Sources
The Grenada profile cites 5 sources for these rules, 5 of them from a government or a statute.
- SRO1/2014 allowance · official, retrieved 2026-11-03
- SRO2/2017 lower rate · official, retrieved 2026-11-03
- SRO25/2018 upper rate from 2019 · official, retrieved 2026-11-03
- Published phased schedule and monthly/weekly ceilings; indexed official evidence · official, retrieved 2026-11-03
- Current programme guidance; full current fee consolidation unresolved · official, retrieved 2026-11-03
The model covers the general rules for a resident individual. It does not cover every deduction, credit, tax treaty or local tax, and rules change after the check date above. Did you find an error? Tell us, with the source.
Compare Grenada with other countries
Top rates do not show what you would pay. Sovereign applies these rules to your own assets, income and debts, and compares the result across 165 countries. Put Grenada side by side with other countries, see every country or try the live demo.
Other countries in Caribbean: Haiti, Jamaica, Saint Kitts and Nevis, Cayman Islands, Saint Lucia, Puerto Rico.