- Name Special Entry and Reside Permit Special Entry Permit (High Net Worth)
- Years to citizenship 10 5
- Investment options updated
BB
Special Entry Permit (High Net Worth)
Active
Remittance
Barbados · SERP · Investor visa · apply in person
Minimum investment
$2,000,000
Business
Stay
60
months, renewable
Application fee
$150
Tax
Remittance
Barbados non-domicile remittance (foreign income taxed only if remitted)
Path to staying
- Residence permit60 months
- Renew60 months at a time
- Permanent residencyafter 5 years
- Citizenshipafter 5 years
- Permanent residency 5 years
- Citizenship 5 years
- Dual citizenship allowed
Overview
- 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.
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 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
- Remittance
- Regime name
- Barbados non-domicile remittance (foreign income taxed only if remitted)
- Foreign income taxed
- No
- Capital gains taxed
- No
How to apply
- Method
- in person
- Apply from abroad
- No
Notes
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. They are not included in the fees shown here 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.
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Last verified Oct 9, 2026 Last changed Oct 10, 2026 Source