Grenada vs Dominica
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π¬π© Grenada β Grenada Tax System
Grenada imposes income tax at a flat 30% on income above the personal allowance. No capital gains tax applies. VAT is 15%. The Citizenship by Investment programme (among the oldest in the Caribbean) is a significant revenue source. The 'Spice Isle' economy depends heavily on tourism and nutmeg exports.
π©π² Dominica β Dominica Tax System
Dominica has progressive income tax up to 35%. No capital gains tax. VAT at 15%. The Citizenship by Investment programme (established 1993, the world's oldest) is a major budget contributor β CBI fees can be as low as $100,000. The 'Nature Isle' economy relies on eco-tourism and agriculture.
Grenada vs Dominica: Key Tax Differences (2026)
π° Income Tax: π©π² Dominica has a higher top income tax rate (0β30% vs 0β35%). π¬π© Grenada is more favourable for high earners.
π VAT/Sales Tax: Both countries have comparable consumption tax rates (15% vs 15%).
π’ Corporate Tax: π©π² Dominica offers a lower corporate rate (25% vs 28%), which can influence business location decisions.