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grenada government - documents
Constitution Review
Throne Speech
(Latest) Incentives Returning Nationals
Release on Incentives for nationals
Private Sector Study
Crime Prevention Strategy
News Information on the Returning Nationals Programme
The Returning Nationals or “Welcome Home Programme”, as it is officially called, is an incentive package for Grenadian nationals who are returning from living abroad to permanently reside in Grenada.
The package involves the establishment of a ‘one-stop’ Returning Nationals Facilitation Bureau in the Ministry of Finance. This means that the Customs and Immigration Departments will no longer process applications for returning nationals.
This incentive was introduced in December 2002 after it was announced by the Minister of Finance Hon. Anthony Boatswain in the 2003 Budget Speech.
The Benefits:
- “One –stop” facilitation bureau for processing applications.
- 100 percent exemption on all household and personal effects, whether new or used, up to EC$75,000.
- 100 percent exemption on one (1) personal vehicle. The exemption will be valid for three (3) years. If the vehicle is sold before three (3) years, the duties and taxes will be payable on the expired term of the exemption. Returning Nationals can purchase vehicles locally if so desired. Environmental levy of EC$2,000 is payable on all vehicles, (new or used,) with no age limit.
- Tax incentives for setting up businesses.
PS: Customs service charge of 5% is applicable on all imports under this new programme!
Eligibility:
Grenadian nationals who have been residing abroad continuously for seven years and have decided to return to Grenada on a permanent basis.
Proof of Eligibility:
- Valid passport
- Proof of nationality
- One-way ticket to Grenada
- Retirement letter
- Pension letter
The Process:
- Contact bureau to make appointment
- Attend appointment with:
- Relevant proof of eligibility
- Packing list of all items shipped (to be shipped) to Grenada. The value of the items must be included.
- Collect letter and proceed to Customs to clear personal belongings.
- Claims must be made three (3) months before or after return to Grenada.
NB: Persons can claim only ONCE under the programme.
Other:
The Bureau in located on the top floor of Building 3 of the Financial Complex (on the Carenage).
Contact Person: Mrs. Penny-Frank
Telephone Number: (473) 440-2731 Ext: 1105
Fax Number: (473) 440-4115
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