Grenada vs Singapore
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.
πΈπ¬ Singapore β City-State β No Sub-National Variation
As a city-state, Singapore has no states or regions to create tax variation. Property tax is levied at progressive rates (0β32% owner-occupied; 12% investment/commercial). CPF (Central Provident Fund) contributions serve as combined social security and retirement savings. There is no inheritance tax or capital gains tax.
Grenada vs Singapore: Key Tax Differences (2026)
π° Income Tax: π¬π© Grenada has a higher top income tax rate (0β30% vs 0β24%). πΈπ¬ Singapore is more favourable for high earners.
π VAT/Sales Tax: Grenada has a higher consumption tax (15% vs 9%).
π’ Corporate Tax: πΈπ¬ Singapore offers a lower corporate rate (17% vs 28%), which can influence business location decisions.