Grenada
GRDGrenada is the only Caribbean CBI country with an E-2 Treaty Investor agreement with the United States, allowing Grenadian citizens to apply for the US E-2 non-immigrant investor visa — a significant advantage for those seeking US business access without a green card. The programme offers visa-free access to 148 destinations, no personal income tax, and multiple investment routes including real estate and a national transformation fund contribution.
Passport Rank
#32
Visa-Free
148
destinations
Country Details
- Capital
- St. George's
- Currency
- East Caribbean Dollar (XCD)
- Languages
- English
- Population
- 125,000
- Tax System
- No Income Tax
- Dual Citizenship
- Allowed
- Naturalisation
- 7 years
- Schengen / EU
- No
- Climate
- Tropical
Indices
Cost of Living
65
Safety
57
Healthcare
56
Quality of Life
132
Tax Summary
- Tax System
- No Income Tax
- Territorial Taxation
- No — worldwide income taxed for residents
- Naturalisation
- 7 years of legal residency
- Dual Citizenship
- Allowed
Cost of Living by City
← scroll the table →
| City | Rent 1BR centre | Rent outside | Groceries | Utilities | Transit pass |
|---|---|---|---|---|---|
| St George's | $750 | $480 | $360 | $130 | $35 |
| Gouyave | $450 | $300 | $320 | $110 | $25 |
Monthly USD figures. Typical central 1-bedroom rent, grocery basket for one, household utilities, monthly transit pass.
Climate
St George's
Rainfall range: 55–200 mm/month · Daylight 11h (winter) to 13h (summer)
Gouyave
Rainfall range: 65–215 mm/month · Daylight 11h (winter) to 13h (summer)
Naturalisation Details
- Residence Years
- 5
- Language Test
- No
- Civic Test
- Yes
- Oath Required
- Yes
- Dual Allowed
- Yes
- Fee
- $500
- Processing
- ~12 months
Real Estate
- Avg price/sqm (capital)
- $2,700
- Transaction taxes
- 11%
Foreign buyers: No restriction on foreign ownership of property. Alien Landholding Licence required (fee 10% of purchase price for non-CARICOM nationals). CBI-approved developments are pre-cleared. St George's area USD 2,000-3,500/sqm; Grand Anse beachfront USD 4,000-6,000/sqm. Stamp duty 1% buyer; property transfer tax 15% seller (reduced to 5% for first-time buyers under schemes). No annual property tax.
International Schools
← scroll the table →
| School | City | Curriculum | Tuition (USD/yr) |
|---|---|---|---|
| St George's University Preparatory School (SGU-affiliated) | St George's | US + Commonwealth | $6,000–$14,000 |
Daily Life Logistics
Internet
35 Mbps median
35% fibre coverage
eSIM: Flow Caribbean, Digicel Grenada
Driving
IDP required
Local licence required after 0 months
Exchange eligible: Drives on the LEFT. Visitors must obtain a local visitor's permit (approx. USD 24) valid 3 months from the Licensing Authority using their home country licence. IDP accepted for short-stay visitors. Local licence required for residents; bilateral exchange possible for UK, Canadian, and select other nationals.
Pet Relocation
Quarantine: none
Rabies titre required
EU pet passport: not accepted
Safety
GPI Rank
#47
Global Peace Index ranking (lower is safer)
Common Risks
- ⚠overcharging unlicensed water sports operators
- ⚠fake spice market vendors misrepresenting product quality
- ⚠informal taxi drivers without fixed rates near the Carenage
- ⚠online rental scams for Grand Anse beachfront villas
Examples of areas to avoid: Parts of downtown St George's near the bus terminal after dark, Isolated beaches accessible only by boat without local guide
LGBTQ+ Legal Status
- Same-Sex Marriage
- Not legal
- Civil Partnerships
- Not recognised
- Anti-Discrimination Law
- No
- ILGA Rank
- #112
Religious Life
- Halal Food
- Limited
- Kosher Food
- Limited
- Prayer Facilities
- Limited
Sample Citizenship Test Questions
Q1. Grenada gained independence from Britain in which year?
Answer: 1974
Source: Grenada Citizenship by Investment Unit
Q2. Grenada is known internationally by which nickname due to its leading spice exports?
Answer: Spice Isle
Source: Grenada Citizenship by Investment Unit
Related Guides
Zero and low-tax residencies: the real list
Countries with zero personal income tax, territorial-only taxation, or special expatriate regimes — and what each one actually requires from you to qualify as a resident.
Exit tax: countries that charge you to leave
Country-by-country reference of departure taxes, deemed-disposition rules, and wealth-locking regimes that trigger when tax residency ends.