Grenada vs Greece
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฌ๐ฉ Grenada โ 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.
๐ฌ๐ท Greece โ Municipal & Regional Taxes
Greece's 13 regions (perifereies) and 325 municipalities (dimoi) do not set income tax independently. However, municipalities levy ENFIA supplements (property tax top-ups) and local business fees. The ENFIA (Single Property Tax) is nationally set but has municipal supplement components. EETA (special property levy) applies to certain properties. Greece's tax system has been substantially reformed since the 2010 bailout, with major improvements to compliance and electronic filing requirements.
Grenada vs Greece: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ฌ๐ท Greece has a higher top income tax rate (0โ30% vs 0โ44%). ๐ฌ๐ฉ Grenada is more favourable for high earners.
๐ VAT/Sales Tax: Greece has a higher consumption tax (15% vs 6โ24%).
๐ข Corporate Tax: ๐ฌ๐ท Greece offers a lower corporate rate (22% vs 28%), which can influence business location decisions.
๐ Capital Gains: ๐ฌ๐ฉ Grenada taxes investment gains at a lower rate (0% vs 15%), benefiting investors.