Tax law

Old Jan 31st 2021, 7:07 pm
  #1  
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Default 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.
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Old Jan 31st 2021, 7:46 pm
  #2  
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Default 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...
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Old Jan 31st 2021, 7:55 pm
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Default Re: Tax law

Originally Posted by uk_grenada View Post
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...
I am a citizen of Barbados via descent but I live in England
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Old Jan 31st 2021, 8:02 pm
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Default 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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