Minimum investment
$2,000,000
Business
Stay
60
months, renewable
Application fee
$150
Tax
Worldwide
Barbados worldwide income tax for residents
Path to staying
- Residence permit60 months
- Renew60 months at a time
- Permanent residencyafter 5 years
- Citizenshipafter 10 years
- Permanent residency 5 years
- Citizenship 10 years
- Dual citizenship allowed
Overview
- Country
- Barbados
- Program
- Special Entry and Reside Permit
- Local name
- SERP
- Type
- Investor visa
- Status
- Active
- Initial duration
- 60 months
- Renewable
- Yes (60 mo)
High-net-worth residence permit for applicants investing at least US$2M in Barbados and proving net worth above US$5M.
Investment options
| Type | Tier / zone | Min amount | USD equivalent | Holding | Returnable | Required |
|---|---|---|---|---|---|---|
| Business | High Net Worth Investor | USD 2,000,000 | $2,000,000 | — | Yes | Required |
Financial requirements
- Net worth required
- $5,000,000
- Application fee
- $150
Eligibility
- Minimum age 18+
- Criminal record check required
- Health check not required
- Health insurance required
Work rights
- Employment not allowed
- Self-employment allowed
- Own a business allowed
- Work permit included no
Family and dependents
- Dependents allowed
- Yes
- Spouse included
- Yes
- Max child age
- 18
- Parents allowed
- No
Benefits and mobility
- Bank account can open
- Property purchase allowed
- Public healthcare no access
Tax
- Tax regime
- Worldwide
- Regime name
- Barbados worldwide income tax for residents
- Foreign income taxed
- Yes
- Capital gains taxed
- No
How to apply
- Method
- in person
- Processing time
- 30–180 days
- Apply from abroad
- Yes
Notes
The official Immigration Department page lists special entry permit documentation. Current practitioner guidance distinguishes the high-net-worth SERP category: US$2M Barbados investment from foreign-sourced funds plus US$5M+ net worth; applicants age 60+ can receive indefinite SERP, while younger applicants generally receive renewable 5-year terms. A separate work permit is required for local employment.
Also in Barbados
Barbados also offers a digital nomad visa for remote workers