Special Entry Permit (High Net Worth)

1. Residence permit60 months
2. Renew60 months at a time
3. Permanent residencyafter 5 years
4. Citizenshipafter 5 years

• Permanent residency 5 years
• Citizenship 5 years
• Dual citizenship allowed

Country

Barbados

Program

Special Entry Permit (High Net Worth)

Local name

SERP

Type

Investor visa

Status

Active

Initial duration

60 months

Renewable

Yes (60 mo)

Barbados Special Entry Permit for high-net-worth individuals who invest at least US$2 million in Barbados and certify net worth of US$5 million or more. Indefinite for applicants aged 60+; under-60 applicants receive a temporary renewable permit. No minimum stay. Local employment needs a separate work permit.

Net worth required

$5,000,000

Application fee

$150

Tax regime

Remittance

Regime name

Barbados non-domicile remittance (foreign income taxed only if remitted)

Foreign income taxed

No

Capital gains taxed

No

Method

in person

Apply from abroad

No

Official Immigration Department title is Special Entry Permit (Form B under Immigration Act Cap. 190 s.13(3)); practitioners often call it SERP. Invest Barbados publishes the HNWI thresholds (US$5M assets, US$2M Barbados investment) and the non-domicile remittance tax treatment. Application fee on the Immigration page is BDS$300 (pegged at BDS$2 = US$1 → US$150) per Form B applicant. Practitioner guides additionally cite larger one-time SERP grant fees (commonly US$3,500 under 60 / US$5,000 at 60+) that are not published on immigration.gov.bb — left out of `application_fee_usd` / `government_contribution_usd` until an official schedule confirms them. Health insurance must be valid in Barbados; secondary sources often cite US$500,000+ cover. Path to statutory permanent residence is immigrant status then five years (Cap. 190 s.5); naturalisation under Cap. 186 Second Schedule requires five years’ aggregate residence in the seven years before a final twelve-month period. Separate SERP property-owner / special-skills / citizen-parent categories appear in law-firm guides but are not published with thresholds on Immigration or Invest Barbados pages.

• Barbados Welcome Stampdigital nomad visa

1. Oct 10, 2026
   • Name Special Entry and Reside Permit Special Entry Permit (High Net Worth)
   • Years to citizenship 10 5
   • Investment options updated

   migrated from the production database; research reasoning not recorded.