🇺🇾 Uruguay vs 🇬🇩 Grenada
Complete Tax Residency Comparison for Digital Nomads & Entrepreneurs
Quick Comparison
| Factor | 🇺🇾 Uruguay | 🇬🇩 Grenada |
|---|---|---|
| Tax System | Territorial (with tax holiday) | Low Tax |
| Income Tax (Foreign) | 0% foreign (10 years) | 0-30% |
| Capital Gains Tax | 0% foreign (10 years) | 0% |
| Corporate Tax | 25% | 28% |
| Residency Requirement | $520k property OR income proof | CBI ($150k donation) |
| Minimum Stay | 183 days to activate | None |
| Cost of Living | Moderate ($2,000-3,500/mo) | Moderate ($2,000-3,500/mo) |
🇺🇾 Uruguay
Highlights
- ✅10-year tax holiday on foreign income
- ✅Stable banking system
- ✅High quality of life
- ✅Safe country
- ✅Good infrastructure
Considerations
- ⚠️Higher residency requirements
- ⚠️Cold winters
- ⚠️Small market
Best For
- 👤Wealthy individuals
- 👤Argentines
- 👤Quality of life seekers
🇬🇩 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 Uruguay if: You prioritize 10-year tax holiday on foreign income and stable banking system. Ideal for wealthy individuals, argentines, quality of life seekers.
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.