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Barbados Wealth & Property Tax

Detailed wealth & property tax rates and rules for Barbados.

Wealth TaxBBD

Wealth Tax

Barbados does not impose a wealth tax.

Wealth Tax Rate

0%

Inheritance / Estate Tax

Barbados does not impose an inheritance or estate tax. Property passing on death may be subject to land transfer taxes.

Top Rate

0%

Property Tax

Barbados levies an annual land tax based on the improved value of property. Residential rates range from 0% to 0.8% depending on value. Commercial properties are taxed at higher rates. A property transfer tax of 2.5% applies on the sale of real estate (payable by the vendor), plus a 1% stamp duty (payable by the purchaser).

Barbados Wealth Tax FAQ