Grenada
Lesser Antilles
Caribbean
The 'Spice Isle' is the only Caribbean CBI nation with a US E-2 treaty, letting citizens apply for a US investor visa - a unique stepping-stone alongside its visa-free access to China.
65
Overall score
Good · 77% data coverage
Language
EnglishCurrency
XCDCitizenship
~4–6 months (by investment)Personal tax
10–28%Cost of living
$1,300 / mo (single)Rules change often. Confirm any immigration, tax or legal decision with a qualified professional.
Score breakdown
57
Access
17%44Residence12%
88Citizenship and passport5%
64
Earning power
25%–Salary and work12%
64Buying power13%
64
Business and wealth
20%82Taxes7%
52Business8%
57Investment5%
65
Daily life
25%57Quality of life18%
84Education7%
78
Rights and institutions
13%89Freedom6%
68Rule of law7%
Pros
- E-2 treaty access to a US investor visa
- Visa-free China access
- No capital-gains or wealth tax
Cons
- Small economy & job market
- Limited universities
- Hurricane exposure
Best for
US-bound investors (E-2 route)Second-passport seekersTax planners
Score profile
Access
Residence
44
Citizenship
97
Passport
71
Earning power
Salary & work–
Buying power
64
Cost of living
65
Economy
76
Business and wealth
Taxes
82
Personal tax
49
Corporate tax
20
Business
52
Investment
57
Wealth building–
Daily life
Safety
50
Healthcare
60
Environment
92
Infrastructure
62
Education
84
HDI
79
Rights and institutions
Freedom
89
Rule of law
68
Access
Residence
Openness to residents
44Limited
Migrant stock6.3% of population (2024)
Regulatory quality0.05 (−2.5 to 2.5) (2024)
Main pathways
Citizenship by InvestmentReal-estate ownershipWork permit
| Student | Limited (incl. St George's University medical school). |
|---|---|
| Work | Work permits available; small market. |
| Self-employed | Company formation straightforward. |
| Permanent | CBI grants citizenship directly; E-2 enables onward US relocation. |
Citizenship
Citizenship accessibility
97Excellent
| Years required | ~4–6 months via Citizenship by Investment |
|---|---|
| Dual allowed | Yes |
| Language | None |
| Residence | No physical-residence requirement for the investment route |
| Notes | National Transformation Fund donation (from ~US$235k) or approved real estate; uniquely enables the US E-2 visa. |
Passport
Passport power
71Good
140 / 198
Mobility
#35
Global rank
Yes
Biometric
- Visa-free96
- On arrival40
- eTA4
- Visa required58
Placeholder estimates for 2024 to 2025. Check entry rules with each destination before travelling.
Earning power
Salary & work
Labour-market strength
–Data not available
| Tech salary (estimate) | Small market; remote income typical |
|---|---|
| Freelance | Suited to foreign-source remote income |
| Job market | Tourism, education (SGU) & CBI revenue. |
Buying power
Purchasing power score
64Moderate
GNI / person$20,170 PPP (2025)
Price level62 (US = 100) (2025)
Income inequality43.8 Gini (2018)
Inflation0.6% / yr (2025)
Cost of living
Affordability
65Good
Price level62 (US = 100) (2025)
| Rent | $700–1,200 (1BR) |
|---|---|
| Monthly | $1,300 |
| Cities | St George's, Gouyave |
Economy
Economic strength
76Good
Output & income
GDP$1.4B (2025)
GDP / person$12,107 (2025)
GNI / person$20,170 PPP (2025)
GDP growth4.0% / yr (2024)
Sector composition
Agriculture2.5% of GDP (2025)
Industry15.5% of GDP (2025)
Services64.9% of GDP (2025)
Main industries
TourismAgriculture (spices)Citizenship-by-investmentEducation servicesFisheries
Top exports
Nutmeg & spicesFishCocoaTourism services
| Type | Upper-middle-income, tourism- and agri-led |
|---|---|
| Key sectors | Tourism, Spice agriculture, Offshore medical education (St George's) |
| Summary | The 'Spice Isle': a tourism- and agriculture-based economy with CBI receipts and an offshore medical school. |
| Currency | East Caribbean dollar (pegged to the US dollar) |
Business and wealth
Taxes
Tax friendliness
82Excellent
| Personal | 10–28% on local income; foreign income untaxed |
|---|---|
| Corporate | 28% |
| Capital gains | 0% |
| Dividends | 0% for residents |
| Exit tax | None |
| Foreign companies | No CFC regime |
Personal tax
Personal tax
49Moderate
| Personal | 10–28% on local income; foreign income untaxed |
|---|---|
| Freelance | Foreign-source income untaxed |
| Capital gains | 0% |
| Dividends | 0% for residents |
| Exit tax | None |
Corporate tax
Corporate tax
20Low
| Corporate | 28% |
|---|---|
| Capital gains | 0% |
| Dividends | 0% for residents |
| Foreign companies | No CFC regime |
Business
Business friendliness
52Moderate
Regulation & bureaucracy
Regulatory quality0.05 (−2.5 to 2.5) (2024)
Government effectiveness0.02 (−2.5 to 2.5) (2024)
Operating rules
| Foreign company | Yes: full foreign ownership |
|---|---|
| Local company | Quick formation via agents |
| Freelance | Foreign-source income untaxed |
Investment
Investing environment
57Moderate
Private credit58% of GDP (2025)
| Capital gains | 0% capital-gains tax |
|---|---|
| Dividends | Data not available yet |
| ETFs & funds | Data not available yet |
| Wealth tax | None |
| Brokers | Via international brokers |
| Foreign access | Data not available yet |
| Tax-advantaged | Data not available yet |
Wealth building
Wealth accumulation
–Data not available
Salary & work
–Data not available
Business
52Moderate
Investment
57Moderate
Tax friendliness
82Excellent
Cost of living
65Good
Daily life
Safety
Safety & stability
50Moderate
Institutions & stability
Control of corruption0.48 (−2.5 to 2.5) (2024)
Political stability1.20 (−2.5 to 2.5) (2024)
Check current government travel and security advice before relocating.
Healthcare
Healthcare score
60Moderate
Outcomes
Life expectancy75.4 years (2024)
Under-5 mortality18.0 per 1,000 births (2024)
Capacity & resourcing
Physicians1.38 per 1,000 (2018)
Hospital beds3.01 per 1,000 (2023)
Health spending$880 PPP / person (2023)
System & costs
| System | Public + private; complex cases referred abroad |
|---|---|
| Insurance | International insurance recommended |
| Average cost | International cover advisable |
Environment
Environment score
92Excellent
Environmental pressure
PM2.5 exposure11.0 μg/m³ annually (2023)
Water stress7.0% (2022)
Infrastructure
Infrastructure score
62Moderate
Digital infrastructure
Internet use70.2% (2024)
Internet resilience54 / 100 (2026)
Fixed speed74 / 100 download index (2026)
Mobile speed69 / 100 download index (2026)
Sources: World Bank World Development Indicators · Internet Society Pulse Internet Resilience Index
Education
Education score
84Excellent
Attainment
Expected schooling16.6 years (2023)
Mean schooling9.4 years (2023)
Participation & investment
Tertiary enrolment100% gross (2018)
Education spending5.1% of GDP (2023)
| Tuition | Limited local options (St George's University) |
|---|---|
| Public university | Small sector; most study abroad |
| Languages | English |
| Student work | Limited |
HDI
Human development score
79Good
HDI0.791 (2023)
Knowledge
Expected schooling16.6 years (2023)
Mean schooling9.4 years (2023)
Rights and institutions
Freedom
Freedom score
89Excellent
| Freedom in the World | 89 / 100 (Free) |
|---|
Sources
Rule of law
Rule of law score
68Good
| Rule of Law percentile | 68 / 100 |
|---|
Sources
Resources
Data is illustrative. Not legal or tax advice.