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🇬🇩 GRENADA
📊 SITE STATS
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BUSINESS
Topic Details
🌐 Controlled Foreign Company (CFC) Rules No
🏠 Property Tax 0.2% to 0.5% of market value annually
🏢 Studio Purchase Price (City Center) Approx. $2,200 per m² (Very limited market; land is mostly generational)
🏢 Studio Purchase Price (Outside City) Approx. $1,800 per m²
🏠 1-Bedroom Purchase Price (City Center) Approx. $150,000 for a small cottage
🏠 1-Bedroom Purchase Price (Outside City) Approx. $120,000
🏡 2-Bedroom Purchase Price (City Center) Approx. $250,000
🏡 2-Bedroom Purchase Price (Outside City) Approx. $200,000
💼 Corporate Tax 28% (Grenada national rate)
💵 Dividend Withholding Tax 15%
🏦 Tax System Territorial/Resident-based; worldwide income for residents
📈 Highest Income Tax Bracket 28% for amounts over $60,000 XCD
🧾 VAT 15%
🏠 Property Transaction Tax 5% for citizens, 10% for non-citizens (Alien Landholding License required)
💻 Attractive Tax System for Digital Nomads Grenada offers a Digital Nomad Visa (1 year, renewable) with low tax hurdles
ESSENTIALS
Topic Details
🏙️ City Petite Martinique, Grenadine Islands, Grenada
👥 Population Approx. 900
💻 Internet Speed 25 Mbps via Starlink or Flow/Digicel 4G hotspots
💸 Currency & Banking East Caribbean Dollar (XCD), 1 USD ≈ 2.70 XCD
🚰 Tap Water Rainwater cisterns; boiling or bottled water recommended ($1.50 per 1.5L)
🔌 Power 230V, 50Hz, 🔌 Type G (UK style) sockets
📶 SIM Card Flow or Digicel; obtainable in Carriacou or main docks (Approx. $25 USD for 10GB)
💳 Banking for Expats No banks on island; use Republic Bank or RBTT in Carriacou; Revolut/Wise for online
🛌 Accommodation Local guesthouses and private villas (e.g., Melini’s Guesthouse)
💳 Cashless Friendly No, heavily cash-based (XCD and USD accepted)
🏠 Short Term Rentals Airbnb and local bookings (e.g., Palm Beach Restaurant & Guesthouse, $80-$120/night)
🛏️ Budget Accommodation Simple local rooms available via word-of-mouth (Approx. $50/night)
🏙️ Best Area to Stay for Tourists The Windward side for breezes and views
🏙️ Best Area to Stay for Digital Nomads Near the main Jetty/Sanchez area for proximity to shops and slightly better signal
WORKING AND NETWORKING
Topic Details
🏢 Best Coworking Space None; remote work is done from private rentals or Palm Beach Restaurant
☕ Best Cafe for Work Palm Beach Restaurant (Outdoor seating with sea views and sporadic Wi-Fi)
💼 Networking Events Informal gatherings at the local rum shops or docks during boat building events
🥂 Social Events for Expats The Petite Martinique Easter Regatta is the primary social window
TRANSPORTATION
Topic Details
🚕 Best Taxi/Ride App None; local water taxis or walking (Island is only 586 acres)
🚲 Bike/Scooter Rental Not available; the island is walkable but very steep
🏖️ Best Beach Nearby Sanchez Beach (Calm waters, great for swimming)
✈️ Top Regional Airline SVG Air (Flying into Carriacou's Lauriston Airport)
✈️ Top International Airline British Airways and JetBlue (Into Maurice Bishop Intl, Grenada)
🛣️ Highway Access N/A; only small paved coastal roads
🚉 Main Train/Transit Hub The Jetty (Daily Osprey Lines ferry to Carriacou/Grenada for $30-$60)
🚍 Public Transport Passes N/A; pay-as-you-go water taxis
✈️ Regional Travel Osprey Ferry to Carriacou (20 mins) or Grenada (2.5 hours)
HEALTH AND WELLNESS
Topic Details
🏥 Best Hospital Petite Martinique Medical Center (Basic care); Princess Royal Hospital (Carriacou)
🧘 Yoga & Wellness Centers Private practice on the beach; no formal studios
🏋️ Gyms & Fitness Centers Outdoor hiking up to The Pit (highest point at 750ft)
🧺 Laundry Services Offered by guesthouse hosts (Approx. $10 USD per load)
FOOD AND DRINK
Topic Details
📱 Best Food Delivery App None; call local cooks directly
🍽️ Best Local Dish to Try Cou-cou and Saltfish; Grilled Lobster ($25 USD)
🍱 Vegan/Vegetarian Options Very limited; local ground provisions (yam, dasheen) available at markets
🍫 Best Dessert Spots Local bakeries selling Coconut Drops and Currants Rolls
🛒 Affordable Shopping Spots The island's main grocery shops near the jetty (Prices 20% higher than mainland)
🛒 E-commerce/Online Store None; residents use freight forwarders from Grenada
🛒 Grocery Delivery Usually via boat from Carriacou if ordered through local shops
🍸 Bar/Nightlife Area Harbour Light Bar (Local vibe, Friday nights)
🍻 Local Brewery West Indies Beer Co. (Available at bars, imported from Grenada)
🍷 Wine Bars N/A; Rum shops are the standard
🍲 Street Food Stalls Occasional BBQ fry-ups near the dock on weekends ($7 USD for a plate)
🍕 Popular International Cuisine Limited to Barbecue and Fried Chicken at Palm Beach
CULTURE AND ATTRACTIONS
Topic Details
🎟️ Must-See Landmarks The Pit (Highest peak for 360-degree views)
🏛️ Museums & Art Venues Outdoor boat-building sites (Living history on the beaches)
🏰 Historical Sites Traditional wooden boat building yards
🕍 Religious Sites Our Lady of the Sacred Heart Catholic Church
🎉 Annual Events Petite Martinique Whitsuntide Regatta (Sailing and festivities)
🎨 Cultural Districts The shoreline areas where traditional seafaring occurs
🎭 Theater Venues N/A
🛍️ Local Markets Roadside stands selling fresh fish (Mahi-mahi, Tuna)
🎼 Music Scene Soca and Reggae at local bars
🎨 Street Art Hand-painted signs and colorful boat hulls
🧑‍🍳 Cooking Classes Informal sessions arranged with guesthouse hosts
👩‍🎨 Art Galleries N/A
🕰️ Historic Buildings Traditional Caribbean cottages with ginger-bread trim
🏴 Local Heritage Strong seafaring and smuggling history heritage
NATURE AND OUTDOOR ACTIVITIES
Topic Details
🌅 Nearby Nature Escapes Mopion Island (Tiny sandbar accessible by water taxi, 15 mins)
🏞️ National Parks Nearby High North Nature Reserve (On neighboring Carriacou)
🚲 Cycling/Walking Paths The loop road around the island (Approx. 1 hour walk)
🌄 Scenic Viewpoints Cross Island Trail summit
🦉 Birdwatching Locations Mangrove areas on the south side of the island
🔥 Bonfire-Friendly Spots Designated beach areas away from boats (Check with locals first)
OTHER SERVICES AND AMENITIES
Topic Details
📦 Parcel Delivery Service Osprey Ferry cargo service from Grenada
🛠️ Tech Repair Services None; must go to St. George's, Grenada
🏓 Table Tennis Spots N/A
🧑‍🏫 Language Classes English is the official language; learning local dialect is informal
📚 Libraries & Study Spots School library (Access by permission)
🏘️ Community Centers Petite Martinique Community Centre
🕹️ Gaming Lounges N/A
🎰 Casino & Gaming Halls N/A