Grenada relies on tourism as its main source of foreign exchange especially since the construction of an international airport in 1985. Hurricanes Ivan (2004) and Emily (2005) severely damaged the agricultural sector – particularly nutmeg and cocoa cultivation – which had been a key driver of economic growth. 

Grenada’s economy has shifted significantly since the 1970s, from one almost entirely based on producing agricultural commodities for export to a much more modernized and diversified one. For many years Grenada depended on exporting 3 main crops—bananas, cocoa, and nutmeg

A 2014 report on the private sector in Grenada

A 2014 brief assessment of the business climate in Grenada from the US Department of State

An investor can form a sole proprietorship, a partnership or limited liability company. The usual form of business however, is a limited liability company and investors are encouraged to incorporate.

This World Bank site provides a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Grenada.

This World Bank site provides a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Grenada.

See “Registration formalities” on this site

Grenada Corporate tax rate. Measures the amount of taxes that Grenadian businesses must pay as a share of corporate profits. Currently 45.3%

A typical Business in Grenada has to pay 30 taxes, consuming a total time of 140 Hours to fully prepare and pay taxes. The Total tax rate on businesses in Grenada is 45.3 (% of commercial profits), being the #72 highest business tax rate in the world.

According to the new regime, the first $8,889 USD of chargeable income is taxed at a rate of 15 percent, with any amount in excess of that taxed at a rate of 30 percent.

The Sales Tax Rate in Grenada stands at 15 percent. Sales Tax Rate in Grenada averaged 14.38 percent from 2009 until 2016, reaching an all time high of 15.00 percent in 2010 and a record low of 10.00 percent in 2009.

This World Bank site provides a table of the tax obligations in Grenada including VAT

Grenada visa and passport requirements & Embassy and Colsulate addresses. Full detail on passports, visas and entry requirements for Grenada, including types, costs

A visa is not required for a stay of up to 90 days. Traveler must be in possession of a passport valid for 6 months beyond stay and a round-trip airline ticket. A visa may be required if trip purpose is other than basic business meetings.

Guide to sites on the telecom market in the Caribbean including Grenada

Dated summary of the telcom options in Grenada

Gudie to land and water transportation in Grenada

82 tips on getting to and getting around Grenada from real travelers and locals.

This World Bank site provides a detailed summary of some of the labor regulations that would apply to local entrepreneurs wishing to hire workers, organize working schedules, improve job quality for workers, or make workers redundant for economic reasons in Grenada.

1999 Employment Act

This World Bank site provides a detailed summary of some of the labor regulations that would apply to local entrepreneurs wishing to hire workers, organize working schedules, improve job quality for workers, or make workers redundant for economic reasons in Grenada.

1999 Employment Act

See “Safety and Security” on this US Department of State site

Latest travel advice from the UK government for Grenada including safety and security, entry requirements, travel warnings and health

Guide to travel, doing business, and studying in Grenada – culture, greetings, gestures,etiquette, taboos, negotiations, gift-giving, and more.

Enhance your travel experience and earn respect. Learn about Grenadian culture customs and etiquette. Grenada society, its people, manners, and protocol

Grenada boasts comfortable to hot weather year round. Expect temperatures that range from 32 C during the day in summer to as low as 20 C overnight in winter.  

This site provides monthly information on air and water temperature and rainfall.

Average prices of more than 40 products and services in Grenada. Prices of restaurants, food, transportation, utilities and housing are included.

There’s no doubt about it, living in Grenada, or anywhere in the Caribbean, is far more expensive than living in many other parts of the world. 

In Grenada, education modeled on the British system is free and compulsory between ages 6 and 14. However poverty, and seasonal demands to help bring in harvests mitigate against full attendance and absenteeism remains high. 

Comprehensive list of National Public Holidays that are celebrated in Grenada during 2016 with dates and information on the origin and meaning of holidays.

Comprehensive list of National Public Holidays that are celebrated in Grenada during 2017 with dates and information on the origin and meaning of holidays.

This site provides demographic facts and statisitcs on Grenada

See “People and Society” on this CIA site

This site contains the most popular international and bilingual schools in Grenada: nurseryschools, primary and secondary (high) schools, International Baccalaureate

Access to the official site of Grenada’s Customs & Excise Division

Grenada Customs regulations and procedures for importing and exporting goods at border. 

A summary of import and export regulations

A listing of Grenada trade agreements

This site provides key information on Grenada’s participation in the WTO. Grenada has been a member of WTO since 22 February 1996 and  a member of GATT since 9 February 1994.

Caribbean furnished apartments, sublets, temporary and corporate housing rentals. Search short term apartments, houses and rooms posted by Grenada landlords

The top hotels in Grenada based on an unbiased analysis of awards, expert recommendations, and user ratings.

Expert picks for your Grenada vacation, including hotels, restaurants, entertainment, shopping, top attractions, and more.

Complete travel and vacation guide to Grenada, the Isle of Spice. Features a lists of hotels, restaurants, tours, attractions and upcoming events in Grenada