Grenada is a sovereign state in the southeastern Caribbean Sea consisting of the island of Grenada and six smaller islands at the southern end of the Grenadines island chain. It is located northwest of Trinidad and Tobago, northeast of Venezuela and southwest of Saint Vincent and the Grenadines. Its size is 348.5 square kilometers (134.6 sq mi), and it had an estimated population of 107,317 in 2016. Its capital is St. George’s. Grenada is also known as the “Island of Spice” due to its production of nutmeg and mace crops, of which it is one of the world’s largest exporters. The national bird of Grenada is the critically endangered Grenada Dove.

Capital: St George’s

Currency: East Caribbean dollar

Timezone: UTC-4

Corporate tax rate: 30%

Personal tax rate: 10-30%

Capital gains tax: 5%

VAT: 15%

Tax residence: 183 days rule: world income is taxed with some exceptions.

CFC Rules: No

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