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Tax law
Hello
I'm looking to move to Barbados in 2022 and what to find as a overseas citizen of Barbados, what are the laws on buying property. My friend told me that I would have to 70% deposit on a house because I have never paid taxes in Barbados. I want to know if this is accurate or not. |
Re: Tax law
I think you are asking - can a non citizen buy property and what taxes would you have to pay. You didn’t ask whether having bought it could you live there but I believe you would be a tourist still so assuming you were allowed to buy it would be for a few months at most.
Im sure a Bajan will be along... |
Re: Tax law
Originally Posted by uk_grenada
(Post 12966560)
I think you are asking - can a non citizen buy property and what taxes would you have to pay. You didn’t ask whether having bought it could you live there but I believe you would be a tourist still so assuming you were allowed to buy it would be for a few months at most.
Im sure a Bajan will be along... |
Re: Tax law
If you are a citizen then you will pay what any other citizen has to pay. Engage a lawyer and get details.
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