Grenada

The US State Department's 2026 Investment Climate Statement for Grenada calls the investment climate generally positive and open. It points to political stability, a sound regulatory framework and a government that actively promotes foreign direct investment. The report also describes tax incentives available through the Grenada Investment Development Corporation (GIDC), including a possible waiver of withholding tax on money sent home by investors in tourist accommodation and health and wellness.

U.S. Department of State · 2026-09-29

On 21 September, the Investment Migration Agency (IMA Grenada) commissioned an independent review of the Citizenship by Investment programme, which runs through September and October 2026. It is collecting views from agents, applicants, economic citizens and residents. The findings go to the IMA board and will be followed by a public summary. Investors using the programme's real-estate route, and developers who rely on it, should watch for rule changes after the election.

NOW Grenada (IMA Grenada press release) · 2026-09-21

A third-quarter review reports several changes to the rules businesses work under. The Digital Transformation Agency Act became law, a Consumer Affairs Tribunal began operating, and the Eastern Caribbean Central Bank (ECCB) opened an Office of Financial Conduct to handle consumer complaints against financial institutions. Firms selling to consumers or offering financial services now face new ways for customers to seek redress. The source does not give exact dates, so some of these steps may have come before 8 September.

NOW Grenada · 2026-10-06

In September, Parliament considered an extra spending bill (a supplemental appropriation) of EC$310.9 million. It included EC$161 million for design-finance-build projects, EC$20 million for Hurricane Beryl recovery and EC$2 million for roads in Carriacou and Petite Martinique. This adds to public spending commitments that run past 2026 and keeps construction and infrastructure contracting active. The government also says more than EC$600 million is still needed to rebuild the sister islands and northern Grenada.

NOW Grenada · 2026-10-06

Because Parliament was dissolved early, the 2027 national budget will wait until after the election. Tax, spending and incentive settings for next year are therefore unknown until a new government presents its budget. Entrants should not assume current fiscal measures will continue into 2027.

The Rio Times · 2026-10-02

On the Prime Minister's advice, Parliament was dissolved on 2 October and voter registration closed the same day. On 4 October, Prime Minister Dickon Mitchell set the general election for 5 November 2026. His National Democratic Congress (NDC), which held 9 of 15 seats, faces the New National Party (NNP) under Emmalin Pierre, and Peter David's new Democratic People's Movement is also expected to stand. A change of government is possible, so pending approvals and policy commitments could be revisited.

Jamaica Gleaner (CMC) · 2026-10-05

Former prime minister and NNP founder Keith Mitchell retired from active politics after 42 years as a member of Parliament. The opposition goes into the election under new leadership for the first time. This changes long-standing political relationships that some investors have depended on.

Jamaica Gleaner (CMC) · 2026-10-05