🇧🇧 Barbados
BB / BRB #182
Nomad Score
59.0
Cities
6
🇧🇧 BARBADOS TAX PROFILE
Data year: 2025
Tax System
Worldwide
Barbados taxes residents on worldwide income. Non-residents taxed on Barbados-source income only.
Barbados taxes residents on worldwide income. Non-residents taxed on Barbados-source income only.
Top PIT Rate
28.5%
Corporate Tax Rate
9.0%
VAT
17.5%
Capital Gains Tax
No Capital Gains Tax
Social Security (Employee)
11.1%
Social Security (Employer)
11.1%
Dividend Withholding
15.0%
Interest Withholding
15.0%
Royalty Withholding
15.0%
Treaty Count
33
Nomad Tax Regime
📊 INCOME TAX BRACKETS
Corporate
| Bracket Min | Bracket Max | Rate % | USD Equivalent |
|---|---|---|---|
| BBD 0 | and above | 9.0% | -- |
Personal income
| Bracket Min | Bracket Max | Rate % | USD Equivalent |
|---|---|---|---|
| BBD 0 | BBD 50,000 | 12.5% | -- |
| BBD 50,000 | and above | 28.5% | -- |
⭐ SPECIAL REGIMES (1)
| Name | Type | Rate/Amount | Duration | Status |
|---|---|---|---|---|
|
Barbados Welcome Stamp
Digital nomad visa allowing remote workers to live in Barbados for up to 12 mont... |
Exemption | USD 2,000 | 1yr | Active |
🏠 TAX RESIDENCY
Days Threshold
182 days
Residency Rules
Resident if present for 182+ days in a calendar year, or if domiciled in Barbados.
Exit Tax
No
CFC Rules
No
Nomad Regime: Barbados Welcome Stamp allows remote workers to live in Barbados for up to 12 months. No Barbados income tax on foreign-sourced income during this period.
📅 FILING INFORMATION
Fiscal Year
01-01 – 12-31
Filing Deadline
April 30
Extension Deadline
June 30
📚 SOURCES
-
PwC Barbados
(accessed Mar 23, 2026)
PIT 12.5/28.5%, CIT 9%
🔗 RELATED
🧭 CONTINUE EXPLORING BARBADOS