The following is information received from the Marine and Yachting Association of Grenada regarding the Grenada Cruising Permit.
Grenada has reviewed fees for visiting yachts and, in line with much of the Caribbean, the cruising permit fee is now charged on a monthly rather than “one time” basis.
The monthly cruising permit fees are as follows:
| Length Overall of Yacht | Fee EC$ |
| Not exceeding 40 feet | $50.00 |
| Exceeding 40 feet but not exceeding 60 feet |
$75.00 |
| Exceeding 60 feet but not exceeding 80 feet |
$100.00 |
| Exceeding 80 feet |
$150.00 |
Complete months spent in boatyards are exempt, and MAYAG has requested that this be applied to time on the dock in marinas also – this will be confirmed once MAYAG has final agreement from Customs.
MAYAG has proposed an ‘amnesty’ period for yachts already in Grenada with an old “one time” cruising permit, and they await confirmation from Customs. MAYAG will publish more information as soon as we have this confirmation.
Overall, the tax and fee structure for yachts in Grenada is still favourable. Yachts in Transit pay only 2.5% on imported parts and supplies, and yacht services – including dockage and yard storage – for foreign flagged vessels are exempt from VAT.
For more information, please email MAYAG at mayagadmin2@gmail.com.
