🇲🇨 Monaco vs 🇬🇩 Grenada
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇲🇨 Monaco | 🇬🇩 Grenada |
|---|---|---|
| Tax System | Zero Tax | Low Tax |
| Income Tax (Foreign) | 0% | 0-30% |
| Capital Gains Tax | 0% | 0% |
| Corporate Tax | 25% (non-Monaco revenue) | 28% |
| Residency Requirement | €500k+ deposit | CBI ($150k donation) |
| Minimum Stay | None | None |
| Cost of Living | Very High ($8,000+/mo) | Moderate ($2,000-3,500/mo) |
🇲🇨 Monaco
Highlights
- ✅Zero personal income tax
- ✅Ultra-safe
- ✅Mediterranean climate
- ✅Prestigious address
- ✅EU border access
Considerations
- ⚠️Extremely expensive
- ⚠️Tiny country
- ⚠️Hard to get residency
Best For
- 👤Ultra-high-net-worth
- 👤F1 enthusiasts
- 👤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 Monaco if: You prioritize zero personal income tax and ultra-safe. Ideal for ultra-high-net-worth, f1 enthusiasts, 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.