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🇧🇧 BARBADOS WELCOME STAMP

Barbados — Special Tax Regime
Regime Barbados Welcome Stamp
Type Exemption
Status Active
Effective From Jul 1, 2020
📋 DETAILS
Summary Digital nomad visa allowing remote workers to live in Barbados for up to 12 months while working for foreign employers/clients.
Eligibility Remote workers earning at least USD 50,000 annually from foreign sources.
Benefits No Barbados income tax on foreign-sourced employment/self-employment income during the stamp period.
Requirements Annual income of USD 50,000+. Valid health insurance. Application fee USD 2,000 (individuals) or USD 3,000 (families).
Limitations Cannot work for Barbados-based employers. Must maintain health insurance. Does not confer tax residency.
Income Types Covered Foreign-sourced employment income and self-employment income.
Duration Details Up to 12 months, renewable.
💰 FINANCIAL
Lump Sum USD 2,000
Duration 1 years
🏛 COUNTRY TAX CONTEXT
Tax System Worldwide
Top PIT Rate 28.5%
Corporate Tax 9.0%
VAT 17.5%
Capital Gains --
Treaty Count 33
📚 SOURCE
Government of Barbados View source →