Country tax profile · 2026
Grenada income tax
How Grenada taxes income
Grenada taxes personal income at rates up to 30%. Exempt: a territorial system, so foreign income is exempt
Compiled by MyNomadWorld for Grenada and currently being re-verified against primary sources. Confirm with a local adviser before relying on it.
Grenada income tax brackets (2026)
| Taxable income | Rate |
|---|---|
| up to 36,000 XCD | 0% |
| up to 60,000 XCD | 15% |
| over the top bracket | 30% |
National brackets; local or regional surcharges may apply on top.
How Grenada's income tax compares
Grenada's top income tax of 30% is the 89th highest of the 197 countries we track, against a global average of 27.9% and a North America average of 23.5%.
Countries with a similar income tax
Benin (30%) · Burundi (30%) · Chad (30%) · Djibouti (30%) · Eritrea (30%) · Jamaica (30%)
Who is a tax resident of Grenada?
Territorial system: only Grenada-source income is taxed; residents entitled to XCD 36,000 annual exemption. Foreign-source income of residents not taxed.
Related Grenada taxes
Moving to Grenada?
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What is the income tax rate in Grenada?
Grenada taxes personal income at rates up to 30%. Exempt: a territorial system, so foreign income is exempt
Can expats pay less income tax in Grenada?
Yes. Under the Territorial - foreign income exempt regime, qualifying new residents pay about 0.0% instead of the 30% headline rate.