Grenada vs Sweden
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.
πΈπͺ Sweden β Municipal Income Tax
Sweden's 290 municipalities and 21 regions each set their own income tax, ranging from ~29% to 35% (avg ~32%). The state income tax of 20% only applies above ~SEK 598,500. Church of Sweden members pay ~1% church fee. No local corporate tax variation.
Grenada vs Sweden: Key Tax Differences (2026)
π° Income Tax: πΈπͺ Sweden has a higher top income tax rate (0β30% vs 32β52%). π¬π© Grenada is more favourable for high earners.
π VAT/Sales Tax: Sweden has a higher consumption tax (15% vs 6β25%).
π’ Corporate Tax: πΈπͺ Sweden offers a lower corporate rate (20.6% vs 28%), which can influence business location decisions.
π Capital Gains: π¬π© Grenada taxes investment gains at a lower rate (0% vs 30%), benefiting investors.