🇨🇾 Cyprus vs 🇬🇩 Grenada
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇨🇾 Cyprus | 🇬🇩 Grenada |
|---|---|---|
| Tax System | Non-Dom Regime | Low Tax |
| Income Tax (Foreign) | 0% on dividends | 0-30% |
| Capital Gains Tax | 0% (most cases) | 0% |
| Corporate Tax | 12.5% | 28% |
| Residency Requirement | Category F permit (€50k deposit) | CBI ($150k donation) |
| Minimum Stay | 60 days (special regime) | None |
| Cost of Living | Moderate ($2,000-3,500/mo) | Moderate ($2,000-3,500/mo) |
🇨🇾 Cyprus
Highlights
- ✅EU membership
- ✅English widely spoken
- ✅60-day rule for tax residency
- ✅Non-dom dividend exemption
- ✅Good weather
Considerations
- ⚠️Divided island
- ⚠️Hot summers
- ⚠️Limited winter activities
Best For
- 👤Non-dom status seekers
- 👤Holding companies
- 👤Yacht owners
🇬🇩 Grenada
Highlights
- ✅CBI with E-2 treaty
- ✅Zero capital gains
- ✅US E-2 visa access
- ✅Beautiful island
- ✅Spice island culture
Considerations
- ⚠️Small island
- ⚠️Hurricane risk
- ⚠️Limited flights
Best For
- 👤E-2 visa seekers
- 👤US access
- 👤CBI candidates
Which Should You Choose?
Choose Cyprus if: You prioritize eu membership and english widely spoken. Ideal for non-dom status seekers, holding companies, yacht owners.
Choose Grenada if: You prioritize cbi with e-2 treaty and zero capital gains. Ideal for e-2 visa seekers, us access, cbi candidates.
Not Sure Which is Right for You?
Take our free eligibility assessment to see which tax residency program fits your situation.