How to send money to Saint Vincent and the Grenadines in 2026: US dollars in 1-3 business days, from neighbouring islands in 1 day
Saint Vincent and the Grenadines is 32 islands whose currency has been pegged to the dollar at 2.70 since 1976. We show how to send money to a bank in Kingstown in 2026, how a foreigner pays for land after the licence, which taxes matter for transferred money and what is known about the citizenship programme.
Money is sent to Saint Vincent and the Grenadines in US dollars or Eastern Caribbean dollars to an account at a bank in Kingstown. A payment takes 1-3 business days, and the local currency has been pegged to the dollar at 2.70 since 1976. There is no capital gains tax in the country, and the top income tax rate has been 28% since 2023.
| Question | Answer in 2026 |
|---|---|
| which currency to send | US dollars or Eastern Caribbean dollars |
| how long a transfer takes | 1-3 business days, from neighbouring currency union islands 1 business day |
| rate | 2.70 Eastern Caribbean dollars per US dollar, with no swings |
| land purchase by a foreigner | under a licence, application through a local lawyer |
| tax on the transfer itself | none |
The table was checked on 8 October 2026. Eastern Caribbean dollars are converted into US dollars at 2.70 and rounded up.
Kingstown and the Grenadines: a country of 32 islands
The state consists of the main island of Saint Vincent and the chain of the Grenadines to the south: Bequia, Mustique, Canouan, Union and almost three dozen more islands and reefs. Banks and government services are concentrated in Kingstown. A transfer between the islands counts as a domestic payment.
Since 14 February 2017 Argyle International Airport has been operating, and direct flights from North America and Europe land on the main island. The capital is covered on the Kingstown page.
Land for a foreigner: the licence first, then the main payment
A foreigner buys a house or a plot in Saint Vincent and the Grenadines under an alien landholding licence. A local lawyer prepares the application and files it with the Office of the Prime Minister, and the review fee is 2,500 Eastern Caribbean dollars ($930). The fee for the licence itself and the stamp duty are calculated from the market value of the land or house.
So the money is transferred in two steps: first a small deposit and the fees, and the main sum once the licence is issued. When to send which part a manager will tell you, and money from selling a flat for such a purchase is covered in moving home sale proceeds abroad.
Payments on the deal are made in Eastern Caribbean dollars or US dollars: at a rate of 2.70 the sum in the contract does not change with the day of the transfer.
We will help you send money to Saint Vincent and the Grenadines
Mistakes cost more than fees: the main sum for a house sent before the land licence is issued, dollars changed into Eastern Caribbean dollars and back, a transfer to the island without a document on the origin of the money and fees not included in the deal budget. We will help you avoid them: we will choose the route and currency of the transfer, put together documents for the bank in Kingstown and carry out the transfer through licensed partners through to crediting.
Details and the cost are with a manager in the chat: much depends on the amount, the currency and the purpose of the transfer.
Taxes: a top rate of 28% and zero on capital gains
Since 1 January 2023 the top income tax rate has been cut from 30% to 28%, and the scale starts at 10%. There is no capital gains tax: profit from selling a house or shares is not taxed. Value added tax is 16%. A transfer from abroad itself is not taxed.
Citizenship by investment announced in the 2026 budget
In February 2026 the government announced in the budget that it will open a citizenship by investment programme. In 2026 the law, the sums and the payment procedure have not yet been published, so no contribution is transferred under it yet. As soon as the rules come out, we will cover them separately.
A transfer to the islands by amount: from the payment purpose to a full package
Up to $10,000. The payment purpose is enough for the bank: villa rent, help to family, studies.
$10,000-$100,000. A bank in Kingstown will ask for a six-month statement and a document on the money: a sale contract, an income certificate or a deed of gift.
From $100,000. A package on the origin of wealth and the purchase contract are prepared, covered in detail in proof of source of funds and sending a large sum abroad, and moving capital on the capital relocation page. Find out the terms for transferring a large sum from a manager.
From Kingstown to Saint Lucia, Grenada and the USA
To Saint Lucia, Grenada and other currency union islands money goes in Eastern Caribbean dollars with no exchange, in a business day. To the USA a payment goes in dollars at a constant rate, so the sum in local currency is known in advance to the cent. Relatives in neighbouring Guyana will receive US dollars to a dollar account.
Sending money to neighbouring countries
- How to send money to Saint Lucia
- How to send money to Grenada
- How to send money to Dominica
- How to send money to Antigua and Barbuda
- How to send money to Saint Kitts and Nevis
- How to send money to Barbados
All countries and moving capital step by step are in the capital relocation section.
FAQ
How much does the review of a foreigner's land licence application cost in Saint Vincent?
Is tax paid on the profit from selling a house in Saint Vincent and the Grenadines?
What is the top income tax rate in Saint Vincent and the Grenadines?
How long does a transfer to Kingstown from Saint Lucia or Grenada take?
Can citizenship of Saint Vincent and the Grenadines already be obtained by investment?
We will suggest the best way to send your money
We will choose a transfer method for your amount and country, prepare the documents on the origin of the money for the bank, make the transfer through licensed partners and follow it until the money is credited. Ask your question in the chat - the manager will suggest the best terms and the cost. The legal side with banks and government bodies is handled by Murblz specialists and locally licensed partners.
Details and cost are with the manager in the chat. Describe your situation and we will reply right away.
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