Saint Lucia vs Grenada
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.
๐ฑ๐จ Saint Lucia โ Saint Lucia Tax System
Saint Lucia levies personal income tax at a flat 30% above a generous personal allowance. There is no capital gains tax. The Citizenship by Investment programme (since 2015) provides an alternative path to residency. VAT at 12.5% was introduced in 2012. Tourism and offshore banking are major sectors.
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.
Saint Lucia vs Grenada: Key Tax Differences (2026)
๐ฐ Income Tax: Saint Lucia and Grenada have similar top income tax rates (0โ30% vs 0โ30%).
๐ VAT/Sales Tax: Grenada has a higher consumption tax (12.5% vs 15%).
๐ข Corporate Tax: ๐ฌ๐ฉ Grenada offers a lower corporate rate (28% vs 30%), which can influence business location decisions.