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Grenada is a very intriguing Caribbean destination home to some of the world’s most beautiful beaches. However, many people overlook this country, as many tourists and expats choose more popular Caribbean destinations. This island, which has a population of 100,000, is now welcoming digital nomads who want to spend one year or more living and working in Grenada.
Digital nomads can spend a year living on the island and exploring attractions such as seaside resort towns, plantations, mountains, and rainforests. Grenada has more than 45 different beaches, and around half of the island is covered in forest. Grenada’s digital nomad visa program is accessible for most digital nomads and provides them with the option to extend after the initial twelve months. If you are interested in living in the Caribbean as a digital nomad, this is one of the most appealing and accessible programs to consider.
Sandy Island, Grenada
Grenada’s digital nomad visa allows freelancers and remote employees to spend up to one year living in Grenada if they meet the program’s requirements. The government created this visa program after it came up with the Remote Employee Act in May 2021 to help attract long-term visitors to Grenada. The minimum income requirements for this program are low relative to other Caribbean digital nomad visa programs, which makes this program accessible for most digital nomads. To be eligible, you only need to prove that you earn 100,000 Eastern Caribbean Dollars or around $37,000 USD/year. Digital nomads also have the option to apply again after one year is up if they decide they want to spend more time in Grenada. Another benefit of this program is that your family can come with you. Furthermore, Grenada has no local income tax, so you only have to pay taxes in your home country.
Related content: Applying For A Digital Nomad Visa In Bermuda
Houses in Grenada
Grenada is a very comfortable and charming place to visit, especially if you are interested in the outdoors. Grenada’s official language is English, so it will be very easy for you to travel and communicate with people when you travel or search for accommodation in the country. The rent for a one-bedroom apartment outside the city center of St. George can be as low as $300 USD/month, and the overall cost of living is lower than in most Western cities. Many people choose St. George because it is the largest city, and it is easier to find housing, coworking spaces, and other amenities. $37,000 USD or more per year should be more than enough to support you and your family in Grenada.
Most expats will find Grenada an excellent place to live, work and explore for a year. Grenada’s land mass is only 132 square miles, nearly half the size of Dominica or Saint Lucia. This makes it very easy to take day trips and explore the island. The island is very geographically diverse, as it was formed from volcanic activity millions of years ago. If you are into hiking, Grenada has many wonderful destinations, including Grand Etang Forest and Mount Qua Qua. There are also several coffee shops and coworking spaces in some cities if you prefer to work outside your apartment and meet other people. The Internet in Grenada is not the fastest, but the internet speed in Grenada is ranked 62nd globally.
Related article: The Basics Of How To Get A Second Passport Or A Second Residency
Seven Sisters Falls, Grenada
If you want to apply for this visa, it is crucial to plan everything carefully, as there is no online application form. You will need to download and print this application form online and then mail it to a Grenada embassy after you complete it. Be sure to include the payment for the visa fee and the supporting documentation for the application.
Below are some of the documents that you will need to provide along with your completed application:
It is best to apply months before your planned departure day, as the application takes longer because you have to mail it to an embassy. The application fee for an individual is $1,500 USD, and the application fee for an individual and up to three dependents is $2,000 USD. It costs $1,400 USD to renew the visa and an extra $200 USD per dependent.
Related content: Living In Barbados With Digital Nomad Visa The Welcome Stamp
St. Georges Grenada Waterfront
If you have a long-term interest in Grenada, this digital nomad visa program could be an excellent stepping stone to long-term residency or citizenship options. Grenada has a very intriguing Citizenship by Investment Program (CBI) that provides citizenship if you donate money to a government fund or purchase real estate. To be eligible, you need to donate $150,000 USD to a government fund or invest $350,000 USD or more in real estate. Grenada has a relatively strong passport that provides visa-free travel to 140 countries. Another benefit of this program is the swift processing time, as you will hear back about your application status after 60 days or less.
Hog Island, Grenada
Grenada may be a solid option for you if you are interested in exploring the Caribbean and want to find a relatively less explored option. The income requirements for this program are also much lower than that of Belize or Barbados, which makes this program more in reach for most people. Grenada is also a relatively geo-diverse country, which has multiple options for all types of outdoor enthusiasts. The only major downfall of this visa application process is that you have to mail your application to the embassy, which means the process could take months. It is best to have backup plans and be open to other programs or travel plans if there are delays. Finally, Grenada has an attractive CBI program, and you could potentially use the 1-2 years that you are on the digital nomad visa to explore real estate investments and see if you are interested in citizenship.
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Written by Mikkel Thorup
Mikkel Thorup is the world’s most sought-after expat consultant. He focuses on helping high-net-worth private clients to legally mitigate tax liabilities, obtain a second residency and citizenship, and assemble a portfolio of foreign investments including international real estate, timber plantations, agricultural land and other hard-money tangible assets. Mikkel is the Founder and CEO at Expat Money®, a private consulting firm started in 2017. He hosts the popular weekly podcast, the Expat Money Show, and wrote the definitive #1-Best Selling book Expat Secrets - How To Pay Zero Taxes, Live Overseas And Make Giant Piles Of Money, and his second book: Expats Guide On Moving To Mexico.
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