Grenada

Grenada

Lesser Antilles

Caribbean
74
Overall score
Strong overall
Language
English
Currency
XCD
Citizenship
~4–6 months (by investment)
Personal tax
10–28%
Cost of living
$1,300 / mo (single)

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.

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

Status & mobility
Passport
71
Citizenship
100
Residence
45
Money & business
Taxes
82
Corporate tax
20
Business
55
Investment
60
Economy
75
Wealth building
58
Living, study & work
Education
84
Salary & work
Cost of living
64
Buying power
63
Quality of life
Safety
53
Healthcare
60
Infrastructure
62
HDI
79

Status & mobility

Passport

Rules change often and depend on your situation. Confirm any travel or visa decision with a qualified professional, or do your own research, before acting.

Passport power
Good
71

Passport-index style mobility for the Grenada passport. The score above is its world reach: the share of 198 destinations reachable without a prior visa.

140 / 198
Mobility
#35
Global rank
Yes
Biometric
  • Visa-free96
  • On arrival40
  • eTA4
  • Visa required58

Passport Index style mobility data (2024–2025 estimate). Placeholder figures; verify current entry rules with each destination’s authority before travelling.

Citizenship

Rules change often and depend on your situation. Confirm any citizenship decision with a qualified professional, or do your own research, before acting.

Citizenship accessibility
Excellent
100
Years required~4–6 months via Citizenship by Investment
Dual allowedtrue
LanguageNone
ResidenceNo physical-residence requirement for the investment route
NotesNational Transformation Fund donation (from ~US$235k) or approved real estate; uniquely enables the US E-2 visa.
Residence

Rules change often and depend on your situation. Confirm any residence / visa decision with a qualified professional, or do your own research, before acting.

Openness to residents
Moderate
45
How this score is calculated

Our 0–100 score combines how international the population already is (migrant stock at 45%), governance quality (regulatory quality at 25%), and the curated residence-pathway signal (30%). Available indicators are reweighted; the published values are shown below.

Migrant stock6.3% of population (2024)
Regulatory quality0.05 (−2.5 to 2.5) (2024)

Source: World Bank World Development Indicators

Main pathways
Citizenship by InvestmentReal-estate ownershipWork permit
StudentLimited (incl. St George's University medical school).
WorkWork permits available; small market.
Self-employedCompany formation straightforward.
PermanentCBI grants citizenship directly; E-2 enables onward US relocation.

Money & business

Taxes

Rules change often and depend on your situation. Confirm any tax decision with a qualified professional, or do your own research, before acting.

Tax friendliness
Excellent
82
Personal10–28% on local income; foreign income untaxed
Corporate28%
Capital gains0%
Dividends0% for residents
Exit taxNone
Foreign cosNo CFC regime
Personal tax

Rules change often and depend on your situation. Confirm any tax decision with a qualified professional, or do your own research, before acting.

Personal tax
Moderate
49
Personal10–28% on local income; foreign income untaxed
FreelanceForeign-source income untaxed
Capital gains0%
Dividends0% for residents
Exit taxNone
Corporate tax

Rules change often and depend on your situation. Confirm any tax decision with a qualified professional, or do your own research, before acting.

Corporate tax
Low
20
Corporate28%
Capital gains0%
Dividends0% for residents
Foreign cosNo CFC regime
Business
Business friendliness
Moderate
55
How this score is calculated

Our 0–100 score leans on the two things founders ask about most: the tax burden (headline corporate rate at 20%, broader tax friendliness at 15%, and freedom from exit-tax / CFC rules at 10%) plus the regulatory and bureaucratic environment (regulatory quality 15%, government effectiveness 15%), on top of the curated company-rules signal (25%). Available indicators are reweighted; the values are shown below.

Regulation & bureaucracy
Regulatory quality0.05 (−2.5 to 2.5) (2024)
Government effectiveness0.02 (−2.5 to 2.5) (2024)

Source: World Bank World Development Indicators

Rules & taxes
Foreign co.Yes: full foreign ownership
Local co.Quick formation via agents
FreelanceForeign-source income untaxed
Corporate tax28%
Capital gains0%
Exit taxNone
Foreign cosNo CFC regime
Investment

Rules change often and depend on your situation. Confirm any investment / tax decision with a qualified professional, or do your own research, before acting.

Investing environment
Moderate
60
How this score is calculated

Our 0–100 score is mostly the investor-tax signal (capital-gains treatment, broker access, wealth tax, and ETF or other taxes on investment, 70%), lightly contextualised by equity-market depth (market cap / GDP at 18%) and credit depth (domestic credit to the private sector / GDP at 12%). Available indicators are reweighted.

Private credit55% of GDP (2024)

Source: World Bank World Development Indicators

Capital gains0% capital-gains tax
DividendsData not available yet
ETFs & fundsData not available yet
Wealth taxNone
BrokersVia international brokers
Foreign accessData not available yet
Tax-advantagedData not available yet
Economy
Economic strength
Good
75
How this score is calculated

Our 0–100 score combines income level (GDP and GNI per capita, output per worker), growth momentum (real GDP growth), price stability (inflation) and labour utilisation (unemployment). Available indicators are reweighted; the sector split and industry profile below are descriptive, not scored.

Output & income
GDP$1.4B (2024)
GDP / person$11,705 (2024)
GNI / person$18,220 PPP (2024)
GDP growth4.0% / yr (2024)

Source: World Bank World Development Indicators

Stability & labour
Inflation1.1% / yr (2024)

Source: World Bank World Development Indicators

Sector composition
Agriculture2.9% of GDP (2024)
Industry15.2% of GDP (2024)
Services65.7% of GDP (2024)

Source: World Bank World Development Indicators

Main industries
TourismAgriculture (spices)Citizenship-by-investmentEducation servicesFisheries
Top exports
Nutmeg & spicesFishCocoaTourism services
TypeUpper-middle-income, tourism- and agri-led
Key sectorsTourism, Spice agriculture, Offshore medical education (St George's)
SummaryThe 'Spice Isle': a tourism- and agriculture-based economy with CBI receipts and an offshore medical school.
CurrencyEast Caribbean dollar (pegged to the US dollar)
Wealth building

Rules change often and depend on your situation. Confirm any tax / investment decision with a qualified professional, or do your own research, before acting.

Wealth accumulation
Moderate
58
How this score is calculated

How favourable Grenada is for building wealth: earnings and business/investment upside, tax drag, and how much a typical income keeps after living costs. Estimated from the factors below.

Salary & work
Limited
32
Business
Moderate
55
Investment
Moderate
64
Tax friendliness
Excellent
82
Cost of living
Moderate
64

Living, study & work

Education
Education score
Excellent
84
How this score is calculated

Our 0–100 score combines attainment (expected schooling at 30% and mean schooling at 25%) with participation (tertiary enrolment at 25%) and public investment (government education spending at 20%). Available indicators are reweighted; tuition and study rules remain separate profile fields below.

Attainment
Expected schooling16.6 years (2023)
Mean schooling9.4 years (2023)

Source: UNDP Human Development Report 2025

Participation & investment
Tertiary enrolment100% gross (2018)
Education spending5.1% of GDP (2023)

Source: World Bank World Development Indicators

TuitionLimited local options (St George's University)
Public uniSmall sector; most study abroad
LanguagesEnglish
Student workLimited
Salary & work
Labour-market strength
Data not available
How this score is calculated

Our 0–100 score combines output per worker (a proxy for wage potential at 40%), unemployment (35%) and labour-force participation (25%). Available indicators are reweighted; the curated profile fields remain below.

Tech salary (estimate)Small market; remote income typical
FreelanceSuited to foreign-source remote income
Job marketTourism, education (SGU) & CBI revenue.
Cost of living
Affordability
Moderate
64

Our 0–100 affordability score is derived from the local consumer price level (World Bank, US = 100): the cheaper everyday prices are, the higher it scores. Lower price level means your money goes further here.

Price level63 (US = 100) (2024)

Source: World Bank World Development Indicators

Rent$700–1,200 (1BR)
Monthly$1,300
CitiesSt George's, Gouyave
Buying power
Purchasing power score
Moderate
63
How this score is calculated

Our 0–100 score estimates how far money goes for the typical person here. It combines GNI per capita at PPP (30%) and actual household consumption per person at PPP (15%) with a price-advantage term from the local price level (25%) that rewards lower prices, then adjusts for income equality via the Gini index (20%), so unequal economies don't ride a high average, plus price stability via consumer inflation (10%). Available indicators are reweighted; it is a comparison, not a personal budget estimate.

GNI / person$18,220 PPP (2024)
Price level63 (US = 100) (2024)
Income inequality43.8 Gini (2018)
Inflation1.1% / yr (2024)

Source: World Bank World Development Indicators

Quality of life

Safety
Safety & stability
Moderate
53
How this score is calculated

Our 0–100 score combines personal safety (intentional homicide rate at 35%), institutional quality (rule of law at 25% and control of corruption at 20%), and political stability and absence of violence (20%). Available indicators are reweighted; the published values are shown below. Always check current government travel and security advice before relocating.

Personal safety
Homicide rate13.7 per 100,000 (2023)

Source: World Bank World Development Indicators

Institutions & stability
Rule of law0.54 (−2.5 to 2.5) (2024)
Control of corruption0.48 (−2.5 to 2.5) (2024)
Political stability1.20 (−2.5 to 2.5) (2024)

Source: World Bank World Development Indicators

Healthcare
Healthcare score
Moderate
60
How this score is calculated

Our 0–100 score combines health outcomes (life expectancy at 25% and under-5 mortality at 20%) with system capacity (physicians at 20% and hospital beds at 15% per 1,000 people) and health spending per capita (20%). Available indicators are reweighted; the published values are shown below.

Outcomes
Life expectancy75.4 years (2024)
Under-5 mortality18.0 per 1,000 births (2024)

Source: World Bank World Development Indicators

Capacity & resourcing
Physicians1.38 per 1,000 (2018)
Hospital beds3.01 per 1,000 (2023)
Health spending$880 PPP / person (2023)

Source: World Bank World Development Indicators

System & costs
SystemPublic + private; complex cases referred abroad
InsuranceInternational insurance recommended
Avg costInternational cover advisable
Infrastructure
Infrastructure score
Moderate
62
How this score is calculated

The score combines digital access, resilience and download performance (30%), electricity access and network losses (30%), and transport infrastructure covering rail, logistics and aviation (40%). Available inputs are reweighted, but a country needs both digital and transport data to receive a score.

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

Utilities
Electricity access94.4% (2023)

Source: World Bank World Development Indicators

Transport
Transport quality2.50 / 5 (2022)

Source: World Bank World Development Indicators

HDI
Human development score
Good
79
How this score is calculated

The UN Human Development Index is the geometric mean of three dimension indices (a long and healthy life, knowledge, and a decent standard of living), shown on a 0–100 map scale (HDI × 100). The 2023 UNDP inputs behind each dimension are listed below.

HDI0.791 (2023)

Source: UNDP Human Development Report 2025

Long & healthy life
Life expectancy75.2 years (2023)

Source: UNDP Human Development Report 2025

Knowledge
Expected schooling16.6 years (2023)
Mean schooling9.4 years (2023)

Source: UNDP Human Development Report 2025

Standard of living
GNI / person$14,349 PPP (2023)

Source: UNDP Human Development Report 2025

Resources

Official references and quick links for Grenada. Always confirm against the primary source before acting.

Official references
Quick links

Rules change often and depend on your situation. Confirm any immigration, tax or legal decision with a qualified professional, or do your own research, before acting.

Mock data for demonstration only. Not legal or tax advice.