What does the law say about filing tax returns and paying taxes on global incomes for foreigners who become citizens in Grenada?

What tax advantages can foreign investors avail following CBI?

Answers

On January 27, 2022 Richard Hallam answered:

Grenada only taxes income that is derived from or paid to a citizen in the country; it does not seek to tax income paid abroad or earned by a foreign entity as long as that income is not received in country. There are many advantages of becoming a citizen and resident of Grenada, but you would be better informed to seek the advice of an accountant who specializes in tax efficiency in order to get an informed answer.

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