Grenada vs Yemen
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π¬π© Grenada β Grenada Tax System
Grenada imposes income tax at a flat 30% on income above the personal allowance. No capital gains tax applies. VAT is 15%. The Citizenship by Investment programme (among the oldest in the Caribbean) is a significant revenue source. The 'Spice Isle' economy depends heavily on tourism and nutmeg exports.
πΎπͺ Yemen β Yemen Tax System
Yemen's tax system has fragmented amid civil war (since 2015) between the Houthi movement (controlling Sanaa and the north) and the internationally recognised government (IRG, based in Aden). Each side collects taxes in their territory. Income tax nominally up to 15%. The conflict has caused one of the world's worst humanitarian crises. Oil and gas revenues (historically 70% of state income) have mostly stopped due to pipeline attacks and production collapse.
Grenada vs Yemen: Key Tax Differences (2026)
π° Income Tax: π¬π© Grenada has a higher top income tax rate (0β30% vs 0β15%). πΎπͺ Yemen is more favourable for high earners.
π VAT/Sales Tax: Grenada has a higher consumption tax (15% vs 5%).
π’ Corporate Tax: πΎπͺ Yemen offers a lower corporate rate (20% vs 28%), which can influence business location decisions.
π Capital Gains: π¬π© Grenada taxes investment gains at a lower rate (0% vs 15%), benefiting investors.