Freedom Score
Cayman Islands to Grenada: tax & freedom compared
How does Grenada score against Cayman Islands? The Freedom Score weighs six dimensions, built on primary government sources.
Net per month€3,881
Per year vs. Cayman Islands-€10,422
Territorial system · No capital gains or inheritance tax · Passport by investment (E-2)
Tax
61/100
Residency
74/100
Cost of living
100/100
Living environment
60/100
Mobility
95/100
Ownership
6/100
Compared by dimension
On an average Cayman Islands income of €60,000 gross per year, you keep €46,578 net in Grenada: a difference of €10,422 per year compared with Cayman Islands.
- Tax: on this income Grenada lands at an effective rate of about 22%, against 5% in Cayman Islands.
- 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 Cayman Islands and Grenada?
- On an average Cayman Islands income it differs by roughly €10,422 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