Grenada residency & tax 2026: how to apply, cost & timeline
A Caribbean island where foreign income goes untaxed and a $235k gift buys a passport outright.

Foreigners usually reach Grenada through a work permit or the citizenship-by-investment programme rather than a simple residence visa; conventional permanent residence needs a few years of lawful stay. Grenada taxes on a territorial basis, so residents pay nothing on foreign income and are taxed only on Grenada-source earnings at rates up to roughly 28 per cent.
How residency in Grenada works
Ordinary immigration is handled by the Immigration and Passport Department, a division of the Royal Grenada Police Force, which issues work permits, entry stays and long-term residence. There is no broad passive-income residence visa: most foreigners either secure employment (needing a work permit) or spend a qualifying period lawfully resident before applying for permanent residence, generally after living in Grenada for around two of the preceding three years. The parallel citizenship-by-investment programme is run separately by a dedicated government agency and grants full citizenship rather than a residence card, so the two routes should not be confused.
Routes to residency
The realistic routes for foreigners are a work permit (a one-year permit tied to a job that local talent cannot fill, renewable and a stepping stone towards permanent residence), permanent residence after a qualifying period of lawful stay of roughly two to three years, residence through marriage to a Grenadian, and the citizenship-by-investment programme, which skips residence entirely by granting a passport in exchange for a non-refundable contribution or approved real-estate purchase. There is no dedicated retiree or passive-income residence certificate of the kind some neighbouring islands offer, so verify current rules before committing.
How to apply, step by step
- Gather your certified and where required apostilled documents, including passport, police clearance, financial evidence and, for a work permit, a job offer.
- Submit the relevant application to the Immigration and Passport Department, or to the CBI agency if you are pursuing citizenship instead.
- Pay the government application and security-check fees and complete due-diligence or medical checks as requested.
- Wait for the authority to process and approve the application, allowing several months.
- Collect your residence card once approved, then live in Grenada to maintain and renew it.
- Apply for permanent residence after the qualifying period of lawful stay, typically around two of the preceding three years.
- Consider naturalisation as a citizen later if you meet the residence and other statutory requirements, or take the CBI route for immediate citizenship.
What you'll need
- Valid passport with adequate remaining validity
- Police clearance certificate from your country of residence
- Proof of funds or evidence of financial self-support
- Job offer and employer sponsorship (for a work permit)
- Birth certificate and, if applicable, marriage certificate, apostilled
- Passport-style photographs and completed application forms
- Medical certificate or health check where requested
Document lists and fees change — always confirm current requirements with the authorities (linked below) before you start.
Cost & timeline
| Item | Detail |
|---|---|
| Permanent-residence application fee | Around EC$5,000 for non-CARICOM applicants (roughly US$1,850-2,000), plus a security-check fee; verify current figures |
| Realistic total (residence route) | Budget roughly US$2,500-3,500 in government fees, before legal costs and translations |
| CBI minimum contribution | From around US$235,000 as a non-refundable gift to the National Transformation Fund, or roughly US$270,000+ in approved real estate held five years |
| Qualifying period for permanent residence | Generally lawful stay of about two of the preceding three years |
| Time to residence approval | Typically several months; CBI applications often take around four to six months |
| Residence card validity | Residency cards are generally renewable every five years |
| Path to citizenship | Naturalisation after qualifying residence, or immediate citizenship via the investment programme |
How your income is taxed
Grenada uses a territorial tax system: residents are taxed only on income arising in Grenada, and foreign-source income is not taxed. An individual is generally treated as tax resident after spending more than 183 days in the country in a year.
On Grenada-source personal income the headline rates are roughly 0 per cent on the first EC$36,000, 10 per cent on the next band and around 28 per cent above roughly EC$60,000. There is no personal income tax on worldwide earnings, no inheritance tax and no capital gains tax on most assets, but confirm current thresholds with the Inland Revenue Division.
Plan your position deliberately — see how to establish tax residency abroad, and mind exit taxes and any double-tax-treaty tie-breakers.
The upside — why people choose Grenada
- Territorial taxation means no personal tax on foreign-source income for residents.
- No inheritance or estate tax and generally no capital gains tax on most assets.
- English is the official language and the legal system is based on English common law.
- The citizenship-by-investment route offers a fast, residence-free path to a passport.
- Grenadian citizens can access the US E-2 investor visa treaty, useful for business owners.
- Stable Caribbean jurisdiction with visa-free or visa-on-arrival access to many countries for citizens.
Common challenges to plan for
- There is no dedicated passive-income or retiree residence visa, so passive earners often default to the costly CBI route.
- Permanent residence requires a genuine qualifying period of lawful stay, not just an application.
- Permanent residents generally still need a work permit to take up employment.
- Government fees and rules change, and official published guidance can be thin, so figures should be verified directly.
- The island is small and remote, with limited direct flight connections and higher import costs.
- CBI rules are being reformed across the Eastern Caribbean, so contribution levels and conditions may shift.
Who it suits
Grenada suits location-independent earners and investors who value a zero-tax treatment of foreign income and either can commit to living on the island long enough to earn permanent residence, or have the capital for the citizenship-by-investment programme. Business owners eyeing the US E-2 treaty find it particularly attractive. It is less suited to budget-conscious retirees seeking a simple, low-cost residence visa, since no such passive-income route currently exists.
How Expectat helps
Grenada's routes are navigable on your own — and if that's your plan, the steps above are the plan. But if you'd rather not manage forms, apostilles and appointments in a second language, we can map the right route for your situation, connect you with vetted local specialists, and make sure the move actually delivers the tax outcome you're after — not just a residence card. Book a strategy call and we'll plan it with you.
Where it fits in a borderless plan
Residency is one flag of several. Pair a base like Grenada with a deliberate capital structure and a Bitcoin self-custody plan. For the wider map of low- and zero-tax bases, see countries with no income tax in 2026.
Frequently asked questions
Can I get residency in Grenada just by having enough savings?
Not through a dedicated passive-income visa, as Grenada does not offer one. You would generally need a work permit, a qualifying period of lawful stay, marriage to a citizen, or the citizenship-by-investment programme.
Does Grenada tax my foreign income if I become resident?
No. Grenada uses a territorial system, so residents are taxed only on Grenada-source income; foreign-source income is not taxed. You are generally treated as resident after more than 183 days in the country.
How much does Grenada's citizenship by investment cost?
The minimum is a non-refundable contribution of around US$235,000 to the National Transformation Fund, or roughly US$270,000 or more in approved real estate held for five years, plus fees. Verify current figures before applying.
How long until I can apply for permanent residence?
Permanent residence generally requires lawful residence of about two of the preceding three years. The exact rules are set by the Immigration and Passport Department, so confirm current requirements.
Is Grenadian citizenship useful for a US visa?
Yes. Grenada has an E-2 treaty with the United States, so citizens can qualify for the E-2 investor visa, which is a common reason business owners choose the programme.
Official & government sources
Rules, thresholds and fees change — apply through, and verify current requirements with, the authorities directly:
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