Freedom Score

Bahamas to Grenada: tax & freedom compared

How does Grenada score against Bahamas? The Freedom Score weighs six dimensions, built on primary government sources.

Net per month€3,161
Per year vs. Bahamas-€10,062

Territorial system · No capital gains or inheritance tax · Passport by investment (E-2)

Tax

63/100

Residency

74/100

Cost of living

61/100

Living environment

60/100

Mobility

80/100

Ownership

6/100

Compared by dimension

On an average Bahamas income of €48,000 gross per year, you keep €37,938 net in Grenada: a difference of €10,062 per year compared with Bahamas.

  • Tax: on this income Grenada lands at an effective rate of about 21%, against 0% in Bahamas.
  • Passport and mobility: from Grenada you travel visa-free to 147 countries.
  • Residency: on our accessibility scale Grenada scores 74 out of 100 for obtaining residency.
  • Living environment: banking, internet, safety and healthcare together give Grenada a living-environment score of 60 out of 100.

Frequently asked questions

What is the financial difference between Bahamas and Grenada?
On an average Bahamas income it differs by roughly €10,062 net per year. Your own figure depends on your income and situation; calculate it with the free freedom check.
Is this tax advice?
No. Libaros compares on the basis of primary government sources and provides information. For personal decisions, consult a qualified adviser.
What sources is this based on?
The Freedom Score uses the OECD Tax Database, IATA Timatic, the Henley Visa Index and Eurostat, with direct links to primary government sources.
Order report · €29

Figures from primary government sources. Information, not advice.

Sources

OECD Tax Database · IATA Timatic · Henley Visa Index · Eurostat