๐ช๐จ Ecuador vs ๐ฌ๐ฉ Grenada
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | ๐ช๐จ Ecuador | ๐ฌ๐ฉ Grenada |
|---|---|---|
| Tax System | Territorial (improving) | Low Tax |
| Income Tax (Foreign) | 0% (foreign pension) | 0-30% |
| Capital Gains Tax | 0% (foreign) | 0% |
| Corporate Tax | 25% | 28% |
| Residency Requirement | $1,400/mo pension | CBI ($150k donation) |
| Minimum Stay | None required | None |
| Cost of Living | Very Low ($1,000-1,800/mo) | Moderate ($2,000-3,500/mo) |
๐ช๐จ Ecuador
Highlights
- โ Dollar-based economy
- โ Very low cost of living
- โ Great climate options
- โ Excellent retiree benefits
- โ Beautiful landscapes
Considerations
- โ ๏ธPolitical instability
- โ ๏ธLimited banking
- โ ๏ธInfrastructure varies
Best For
- ๐คRetirees
- ๐คBudget-conscious
- ๐คNature lovers
๐ฌ๐ฉ Grenada
Highlights
- โ CBI with E-2 treaty
- โ Zero capital gains
- โ US E-2 visa access
- โ Beautiful island
- โ Spice island culture
Considerations
- โ ๏ธSmall island
- โ ๏ธHurricane risk
- โ ๏ธLimited flights
Best For
- ๐คE-2 visa seekers
- ๐คUS access
- ๐คCBI candidates
Which Should You Choose?
Choose Ecuador if: You prioritize dollar-based economy and very low cost of living. Ideal for retirees, budget-conscious, nature lovers.
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.