🛂 OVERVIEW
Initial Duration
12 months
Max Duration
24 months
Application Fee
$2,011
Tax Status
Exempt
📋 REQUIREMENTS
Health Insurance
Required
Criminal Record Check
Not required
Accommodation Proof
Required
Proof of Employment
Required
Degree Required
Not required
💼 WORK RULES
Local Work Allowed
No
Freelancer Eligible
Yes
Employee Eligible
Yes
Work Permit Included
No
👨👩👧 FAMILY & DEPENDENTS
Dependents Allowed
Yes
Dependent Fee
$3,016
💰 TAX DETAILS
Tax Status
Exempt
Tax Regime
Remote Employment Act 2020
Foreign Income Taxed
No
📝 HOW TO APPLY
Application Method
online
Processing Time
5–10 days
Can Apply In-Country
Yes
Multiple Entry
Yes
Can Open Bank Account
Yes
Renewable
Yes
📝 NOTES
Program renewed until December 31, 2026. Renewal fee discounted 25% ($1,508 individual, $2,262 family). Fee listed is for individuals; family fee is $3,016. Holders treated as non-resident for income tax purposes.
🏠 ALSO IN BARBADOS
Barbados also offers these long-term residency programs:
- Special Entry and Reside Permit (investor visa)
🧭 CONTINUE EXPLORING BARBADOS WELCOME STAMP