Grenada

Living in Grenada, and being taxed by Grenada

These are decided by different authorities, under different rules, on different clocks. The one people get wrong is the second.

The citizenship-by-investment routes ask nothing about where you live. Tax residency is the separate clock: Grenada treats you as resident once you keep a permanent home there, or once you spend 183 days in a year, whichever comes first. Even then the reach is territorial, so it is Grenada-source income that is taxed and not your worldwide income, though a US person stays taxed by the US wherever they live.

The facts, each cited

• US$235,000

  A donation to the National Transformation Fund of US$235,000, for a main applicant and up to three dependants, is a qualifying investment for citizenship.

• US$350,000

  An investment in an approved project under Section 11, of a minimum of US$350,000, is a qualifying route to citizenship.

• US$270,000

  A share in a unit in an approved project, in the tourism accommodation sector and by two or more individuals, carries a minimum of US$270,000 per share.

• No residence

  There is no requirement to reside in Grenada before or after citizenship is granted.

• Dual kept

  Grenada allows individuals to hold dual citizenship, so a new Grenadian passport can sit alongside the one already held.

• Territorial

  The assessable income of a resident is all amounts accrued directly or indirectly from all sources in Grenada.

• Annual charge

  Income tax is charged for each year of assessment on the chargeable income of a person, and a non-resident is assessed only on amounts accrued from sources in Grenada.

What an expert actually does, and when

Moving to Grenada is four different jobs for four different people, and the order matters more than the choice of any one of them. Here is the sequence, what each person settles, and what to hold them to in writing.

1. First

   A cross-border tax adviser in the country you are leaving

   Before you sell anything, move your family, or claim to have left

   This is the one whose answer can make the rest of the plan pointless, so it is worth knowing before you spend anything on the rest. A residence permit somewhere else is not the same thing as having stopped being tax-resident where you are.

   What only they can settle

   • →Whether and when your tax residence at home actually ends
   • →Which ties (home, family, accounts, memberships, company control) have to be dealt with, and in what order
   • →What you owe on the way out, and what you can elect or defer
   • →Which transactions to complete before you go rather than after

   Ask for it in writing. A written residence and departure-date memo, with the tax on leaving set out asset by asset, and a list of the evidence your position depends on.

2. Second

   An immigration lawyer in the destination

   Six to twelve months before you intend to move

   Routes look interchangeable from outside and are not. Which one you qualify for depends on evidence you may not have gathered yet, and gathering it is often the long pole.

   What only they can settle

   • →Which route your actual income, work history, and assets satisfy
   • →Which authority handles each stage, and whether your entry status has to change first
   • →What proof each requirement takes, and what is missing today
   • →How a partner and children are included, and when

   Ask for it in writing. A route recommendation with the eligibility tested against your documents, plus a dated checklist of what is still missing.

3. Third

   Document authentication and translation

   Only after the lawyer has frozen the list

   Ordering apostilles and translations before the list is settled is the most common way to pay twice. Certified documents also expire, so starting early can be worse than starting late.

   What only they can settle

   • →Which authentication chain each document needs, in its issuing country
   • →What has to be translated, by whom, and to what standard
   • →The order to obtain things in, so nothing expires while waiting for something else

   Ask for it in writing. Authenticated originals and accepted translations, tracked so you know where every document physically is.

4. Fourth

   Local advisers where you land

   Once your status is approved

   Approval is not the same as a working life. Banking, health cover, and a tenancy each have their own requirements, and several of them want the paperwork from the earlier stages.

   What only they can settle

   • →What banking will require of you, and what to prepare before you ask
   • →Which health cover satisfies the local requirement
   • →What a lease commits you to, and what your obligations are on registering it
   • →What you now have to file locally, and when

   Ask for it in writing. A working household: identity documents, an address, cover, banking, and a calendar of what renews when.

OmniFlag is not a law firm or a tax adviser. Experts are retained independently and their engagement letter defines what they advise on, what they file, and what they deliver.

What nobody puts on the Grenada brochure

• For US citizens and green-card holders, a Grenadian passport does not end US federal tax filing and does not reduce US federal tax. US federal tax follows US persons wherever they live.

• Territorial does not mean tax-free. A Grenadian resident is assessed on income accrued directly or indirectly from all sources in Grenada, so income earned inside the country is taxed there.

• The investment figures are government minimums and exclude due-diligence, processing, and professional fees, so budget above the headline amount rather than at it.

  Indicator, not law · OmniFlag desk research, 2026

Common questions

Does the Grenada citizenship route require living in Grenada?

No. There is no requirement to reside in Grenada before or after citizenship is granted.

Can I keep my current citizenship?

Grenada allows dual citizenship, so a Grenadian passport can sit alongside the one already held, with no requirement to renounce it.

How does Grenada tax personal income?

Grenada assesses a resident on income accrued directly or indirectly from all sources in Grenada, not on worldwide income.