Grenada Property Transfer Tax & Alien Landholding Calculator
Accurately compute buyer closing costs, seller property transfer tax (5% citizen threshold / 10% non-citizen), 1% buyer stamp duty, legal conveyancing tariffs, and the 10% Alien Landholding License (ALHL).
Property Transaction Parameters
Itemized Conveyance & Taxation Matrix
| Side / Party | Statutory Fee / Tax | Statutory Rate | Amount (EC$) | Amount (USD) |
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Grenada Real Estate Conveyancing & Tax Regulations
Real estate conveyancing in Grenada is governed by the Property Transfer Tax Act, the Stamp Duty Act, and the Aliens (Landholding Regulation) Act:
- Seller Property Transfer Tax: Citizens selling real property pay a 5% transfer tax on the consideration exceeding the statutory threshold of EC$ 20,000. For non-citizens or foreign offshore corporations, the vendor transfer tax is levied at a flat 10% or 15% on total gross proceeds.
- Purchaser Stamp Duty: The buyer pays 1.0% stamp duty on the deed of conveyance registered with the Supreme Court Deeds & Land Registry.
- Alien Landholding License (ALHL): Non-citizens purchasing land or residential property must obtain an Alien Landholding License. The statutory license fee is 10.0% of the purchase price (5.0% for qualifying CARICOM nationals). Approved Citizenship by Investment (CBI) designated developments carry statutory waivers for the ALHL.
- Legal Conveyancing Fees: Grenada Bar Association standard tariff rates prescribe 1.5% to 2.0% of property value plus 15% VAT on legal services.
Frequently Asked Questions
Do foreign purchasers always have to pay the 10% Alien Landholding fee?
Foreign buyers purchasing units in officially approved Citizenship by Investment (CBI) real estate projects are exempt from the 10% ALHL fee under the Grenada CBI Act.
What is the official peg between the Eastern Caribbean Dollar and US Dollar?
The Eastern Caribbean Dollar (XCD) has been pegged to the US Dollar at a fixed rate of US$ 1.00 = EC$ 2.70 since 1976.
Who is responsible for paying Property Transfer Tax in Grenada?
By statutory regulation, Property Transfer Tax is the legal obligation of the vendor (seller), whereas Stamp Duty and the Alien Landholding License are obligations of the purchaser.
How long does an Alien Landholding License application take?
Standard ALHL applications processed through the Prime Minister's Office typically take between 2 to 4 months for background vetting and Cabinet approval.
Are there annual recurring property taxes in Grenada?
Yes. Annual Property Tax is administered by the Inland Revenue Division based on assessed valuation, with residential tax rates typically ranging between 0.1% to 0.2% after standard homestead exemptions.
📊 Grenada Inland Revenue Division (IRD) & NIS Matrix
| Statutory Component / Legal Deduction Item | Calculated Amount (XCD) |
|---|---|
| Primary Net / Statutory Payable Amount | EC$ 0.00 |
Engr. Muhammad Shahzad
Principal Financial Systems Architect & Eastern Caribbean & State of Grenada Fiscal Systems Lead
Lead software and systems architect specializing in high-performance browser computing, algorithmic validation, financial models, and zero-telemetry client-side privacy architecture.