The short version
- Grenada has the lower entry bar: €2,660 per month versus €3,955 for Mexico.
- Only Mexico offers a direct path to permanent residence on this permit.
- Tax treatment differs: Grenada — foreign income exempt; Mexico — standard resident taxation. Tax outcomes depend heavily on personal circumstances.
| Criteria | Grenada Remote-Work Permit | Mexico RT |
|---|---|---|
| Minimum income / month | €2,660 (better) | €3,955 |
| Income basis | Salary / employment contract | Mixed (salary, freelance or savings) |
| Initial duration | 1 year | 1 year |
| Renewable | Yes | Yes |
| Maximum total stay | No fixed limit | 4 years |
| Path to permanent residence | No | Yes (better) |
| Path to citizenship | No | Via permanent residence |
| Family inclusion | Yes | Yes |
| Working for local clients | Not allowed | Limited |
| Tax treatment | Foreign income exempt (Remote Employment Act tax exemption (s.9) + statutory non-residence (s.10)) | Standard resident taxation |
| Health insurance | Required (explicit) | Not required |
| Insurance duration required | Full visa period | — |
| Application fee | ≈ €1,292 | ≈ €48.50 (better) |
| Where to apply | Embassy / consulate, Online | Embassy / consulate, In country |
| Processing time | 2–4 weeks | 0.2–2 weeks |
Green values mark the objectively better number in that row.
Full guide
Grenada Remote-Work Permit →
Requirements, application steps, insurance and sources.
Full guide
Mexico RT →
Requirements, application steps, insurance and sources.
Don't forget insurance
Both programs have their own health-insurance rules — we match plans against each one's published requirement, with the evidence shown.
Sources
- Official gazette Remote Employment Act, 2021 (Act No. 3 of 2021) - full text incl. Schedule II Fees and Schedule III duties exemptions (opens in a new tab) accessed 2026-06-15
- Official gazette Remote Employment Act 2021 s.4(1)(c) and s.6(1)(c) - EC$100,000 annual foreign income requirement (application and renewal) (opens in a new tab) accessed 2026-06-15
- Official gazette Remote Employment Act 2021 s.3(2)(c), s.4(1)(d), s.6(1)(d) - mandatory health insurance for the permit period (opens in a new tab) accessed 2026-06-15
- Official gazette Remote Employment Act 2021 s.9 (no income tax on foreign income) and s.10 (presumption of non-residence) (opens in a new tab) accessed 2026-06-15
- Official gazette Remote Employment Act 2021 Schedule II - application and renewal fees (US$/EC$), and s.3(3)/s.6 one-year renewable validity (opens in a new tab) accessed 2026-06-15
- Government Grenada Tourism Authority - Remote Employment Act overview (confirms EC$100,000 income, 1-year validity, US$1,500 individual fee, insurance & police certificate) (opens in a new tab) accessed 2026-06-15
- Media NOW Grenada - Grenada approves remote-working legislation (opens in a new tab) accessed 2026-06-15
- Law firm Citizen Remote - Grenada Digital Nomad Visa (indicative processing time and practical application steps; tier-3, not government) (opens in a new tab) accessed 2026-06-15
- Media Expat Exchange - Understanding the Health System in Grenada (public/private healthcare, General Hospital) (opens in a new tab) accessed 2026-06-15
- Media USD to EUR exchange-rate history 2026 (FX basis for EUR conversions; 0.8612 on 15 Jun 2026) (opens in a new tab) accessed 2026-06-15
- Official gazette DOF 25/07/2025 - Lineamientos Generales para la expedicion de visas (SEGOB/SRE) - Trámite 5: 680/11,460/220 UMA-days, 180-day visa, 10 business days, max 4 years (opens in a new tab) accessed 2026-06-10
- Official gazette DOF 25/07/2025 - Lineamientos (opens in a new tab) accessed 2026-06-10
- Official gazette DOF 15/05/2026 (edicion vespertina) - Acuerdo que reforma y adiciona los Lineamientos: new high-specialty route in Trámite 5, remote-work modality in Trámite 10, consulates barred from extra requirements; solvency thresholds unchanged (opens in a new tab) accessed 2026-06-10
- Government INEGI Comunicado de Prensa 1/26 - UMA 2026: MXN 117.31 daily, effective 1 Feb 2026 (opens in a new tab) accessed 2026-06-10
- Embassy Consulate of Mexico in Las Vegas - Temporary Residence Visa 2026 (USD 4,630 income/6mo, 78,025 balance/12mo, USD 56 fee, family USD 1,498, 1-10 business days; no insurance) (opens in a new tab) accessed 2026-06-10
- Embassy Consulate General of Mexico in San Diego - Temporary Resident Visa Economic Solvency 2026 (USD 4,510/75,950, remote-work employer letter, USD 56 fee, up to 10 business days; no insurance) (opens in a new tab) accessed 2026-06-10
- Embassy Embassy of Mexico in Spain - Residente temporal por solvencia economica (680/11,460 UMA-days, 180-day visa, 30-day canje, up to 4 years; no insurance mentioned) (opens in a new tab) accessed 2026-06-10
- Government INM - Tarifas de Derechos Migratorios 2026 (opens in a new tab) accessed 2026-06-10
- Government INM FAQ - Expedicion de documento migratorio por canje (1-year card from entry; same-day issuance possible; fee figures in FAQ are outdated and superseded by the 2026 table) (opens in a new tab) accessed 2026-06-10
- Government INM - Cambio de residente temporal a residente permanente (eligible after 4 years as temporary resident; also points system and pensioner routes) (opens in a new tab) accessed 2026-06-10
- Government Camara de Diputados - Codigo Fiscal de la Federacion (texto vigente, ultima reforma DOF 09-04-2026), Art. 9: tax residency via casa habitacion / centro de intereses vitales (>50% Mexican-source income or main professional centre) (opens in a new tab) accessed 2026-06-10
- Government ECB euro foreign exchange reference rates, 10 June 2026 (USD 1.1539, MXN 20.1688) (opens in a new tab) accessed 2026-06-10
- Law firm Clark Hill - Mexico increases government fees effective 1 Jan 2026 (opens in a new tab) accessed 2026-06-10