Foreign Buyer Guide

Can Non-Bajans Buy Property?

Foreigners can own freehold property in Barbados with no ownership restrictions. The typical process requires a Barbadian attorney to handle conveyancing, Central Bank of Barbados approval for bringing funds in (straightforward in practice), and either a USD/foreign-currency mortgage or cash settlement. Transfer tax of 2.5% is payable by the buyer, along with stamp duty and legal fees. Property tax rates are tiered and relatively modest on lower-value holdings.

Highlights: Freehold · No Restrictions · CBOB Approval · 2.5% Transfer Tax

Contact Information

Website: https://www.gov.bb/Visit-Barbados

About real estate in Barbados

Foreign buyers can own freehold property in Barbados with no restrictions. Entry prices start from $75K for land in rural parishes and

20K for south coast studios. The west coast Platinum Coast features luxury villas from M to 5M. Gated communities like Royal Westmoreland, Apes Hill, and Sugar Hill provide resort-style living. Government affordable housing through the NHC includes rent-to-own schemes. With 112 listings covering every parish and price point, GetBimHub is the most complete Barbados property directory online.

More in real estate