Buying Property In Barbados Guide Apr 2026
: Foreign buyers must register their purchase funds with the Exchange Control Authority of the Central Bank of Barbados . This is a routine formality that ensures your right to repatriate funds (including capital gains) if you sell in the future.
: You pay the remaining 90% balance , the title is formally registered at the Land Registry, and ownership is transferred. Costs and Taxes to Budget buying property in barbados guide
: Once an offer is accepted, you sign a Sale and Purchase Agreement and typically pay a 10% deposit held in escrow by the seller's attorney. : Foreign buyers must register their purchase funds
: These are legally the responsibility of the seller (1% and 2.5% respectively). plus 17.5% VAT.
: Generally 1% – 2.5% of the purchase price, plus 17.5% VAT.