Nomad Watch
BB

Barbados Welcome Stamp

Active Exemption

Barbados · special tax regime

Lump sum USD 2,000
Duration 1 years
Prior non-residency — required before applying
Standard top income tax 28.5% Barbados, without the regime

Overview

Regime
Barbados Welcome Stamp
Country
Barbados
Type
Exemption
Status
Active
Effective from
Jul 1, 2020
Expires on
—

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.

View source Government of Barbados