The short version
- Sri Lanka has the lower entry bar: €1,840 per month versus €2,660 for Grenada.
- Tax treatment differs: Grenada — foreign income exempt; Sri Lanka — standard resident taxation. Tax outcomes depend heavily on personal circumstances.
| Criteria | Grenada Remote-Work Permit | Sri Lanka DNV |
|---|---|---|
| Minimum income / month | €2,660 | €1,840 (better) |
| 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 | No fixed limit |
| Path to permanent residence | No | No |
| Path to citizenship | No | No |
| Family inclusion | Yes | Yes |
| Working for local clients | Not allowed | Not allowed |
| Tax treatment | Foreign income exempt (Remote Employment Act tax exemption (s.9) + statutory non-residence (s.10)) | Standard resident taxation |
| Health insurance | Required (explicit) | Required (explicit) |
| Insurance duration required | Full visa period | Full visa period |
| Application fee | ≈ €1,292 | ≈ €460 (better) |
| Where to apply | Embassy / consulate, Online | In country, Online |
| Processing time | 2–4 weeks | 1–6 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
Sri Lanka DNV →
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
- Government Digital Nomad Visa Category - Department of Immigration & Emigration, Sri Lanka (official category sheet) (opens in a new tab) accessed 2026-06-15
- Government Digital Nomad Visa Category PDF - USD 2,000/month main applicant + USD 500/month per dependent beyond 2; proof of remittance required (opens in a new tab) accessed 2026-06-15
- Government Digital Nomad Visa Category PDF - required International Health Insurance covering Sri Lanka + Medical Clearance Report (opens in a new tab) accessed 2026-06-15
- Government Digital Nomad Visa Category PDF - 1-year duration, USD 500/year fee per person, submission to Residence Visa Division, tax-registration required for extension (opens in a new tab) accessed 2026-06-15
- Government IRD Notice PN/IT/2025-01 (26.03.2025) - Inland Revenue (Amendment) Act No. 02 of 2025: 15% max tax on service exports & foreign-source income remitted via bank, effective 01.04.2025; exemption removed (opens in a new tab) accessed 2026-06-15
- Media Sri Lanka launched a new digital nomad visa: How to apply (CNBC) (opens in a new tab) accessed 2026-06-15
- Media Sri Lanka Unveils Digital Nomad Visa With $2,000 Minimum Monthly Income (IMI Daily) - launch early Feb 2026, online applications, $500/dependent beyond 2 (opens in a new tab) accessed 2026-06-15
- Law firm Sri Lanka Investor Visa & Digital Nomad Visa 2026 (DL&F De Saram, law firm) - duration, fees, renewal tax-registration (opens in a new tab) accessed 2026-06-15
- International organisation Sri Lanka: 15% Tax on Foreign Income Introduced (HKTDC Research) - effective 1 April 2025, applies to remitted foreign-currency service income; >=15% foreign tax exempt (opens in a new tab) accessed 2026-06-15
- Law firm Who is liable to pay income tax in Sri Lanka - Resident vs Non-Resident (Taxpro.lk) - 183-day residency rule, worldwide income for residents (opens in a new tab) accessed 2026-06-15
- Media Sri Lanka Healthcare System & Medical Insurance Options for Expats (Expat Financial) (opens in a new tab) accessed 2026-06-15