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Barbados

BB • ENGLISH • BBD ($)

Barbados is a sophisticated sanctuary for liberty-minded entrepreneurs. With corporate tax at 9% and no capital gains tax, it is a bastion of fiscal efficiency. Grounded in English Common Law, the jurisdiction ensures robust property rights and political stability. While bureaucracy persists, low corruption and high personal safety provide a predictable environment for capital. Combined with a world-class lifestyle and the "Welcome Stamp" visa, it is a premier Caribbean hub for sovereign individuals seeking growth and freedom.

Upsides
  • Competitive corporate tax rates ranging from 1% to 5.5% for global business entities
  • Strong legal framework and political stability ensuring protection of private property rights
  • High-speed internet connectivity and modern infrastructure supporting remote digital operations
Downsides
  • Significant personal income tax burden and high value-added tax on local consumption
  • Slow bureaucratic procedures and administrative hurdles for obtaining necessary business permits
  • Elevated cost of living due to heavy reliance on expensive imported essential goods

Taxation

Corporate Tax 9%
Income Tax 12.5–28.5%
VAT 17.5%
Tax Treaties 40
IP Box ? Intellectual Property Box. A tax incentive offering reduced rates on income derived from patents, copyrights, and other intellectual property. Yes
Exit Tax ? A tax on unrealized capital gains triggered when a taxpayer moves their tax residence to another country. No

Compliance

BEPS ? Base Erosion and Profit Shifting. An OECD framework to combat tax avoidance strategies used by multinationals to shift profits to low-tax jurisdictions. Member
FATF ? Financial Action Task Force. An intergovernmental body that sets standards to prevent money laundering and terrorist financing worldwide. Non-member
FATCA ? Foreign Account Tax Compliance Act. A US law requiring foreign banks to report accounts held by US citizens to the IRS. Signatory
CRS ? Common Reporting Standard. An OECD standard for automatic exchange of financial account information between tax authorities globally. Signatory

Blacklists

FATF Blacklist ? Countries identified by FATF as having serious deficiencies in anti-money laundering and counter-terrorist financing measures. Clear
EU Blacklist ? The EU list of non-cooperative tax jurisdictions. Countries that fail to meet transparency and fair taxation standards. Clear

Payment Platforms

Stripe Unavailable
PayPal Unavailable

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