Barbados · Retire or live on savings
Barbados Special Entry Permit · HNWI
Investment needed: $2M+
Special Entry Permit — high net worth non-domicile
First checked against official sources on , some details partly verifiedChange log
Key facts
Special Entry Permit · HNWI is a retire or live on savings route for Barbados. Applicants need an investment of $2M+. Checked 2026-10-10 against the official source.
- Money needed
- $2M+
Cost, time and long term
Shown, not spent$5M+
- $5,000,000Minimum assets.
Invested and held$2M+
- $2,000,000Property or other qualifying investment in Barbados.
RenewalRenewal rules
The permit is granted indefinitely to applicants over 60; applicants under 60 receive a temporary permit for a defined period.
Presence rulesStay rule
There is no obligation to live in Barbados, and holders can come and go as they please.
What you'll need
Who can apply2
- Applicants over 60 qualify for an indefinite permit.
- Applicants under 60 can apply for a temporary permit.
What you must show2
- An investment of at least $2,000,000 · Property or other qualifying investment in Barbados.
- Assets of at least $5,000,000 · Minimum assets.
Steps1
- The Immigration Department issues the permit.
What happens at day 182
How Barbados decides tax residence and treats foreign-source income, from its tax records.
- Tax residence
- More than 182 days in a income yearAggregate days present in Barbados in an income year make an individual tax resident
- Foreign-source income
Individuals who spend more than 182 days in Barbados in an income year, and persons with ordinarily resident status, are tax resident; residents who are also domiciled are taxed on worldwide income, while residents who are not domiciled are taxed on Barbados income and on foreign-source income from which a benefit is received in Barbados.
- Regime tied to this route
Special Entry Permit non-domicile tax treatment · Tax relief
Resident non-domiciled permit holders are taxed on income derived from Barbados sources, and on foreign-source income only if remitted, with foreign currency tax credits.
All tax rules for Barbados Tax records checked
Full official text
Permit for high net worth individuals and dependants to retire, work or do business in Barbados, granted indefinitely to those over 60 and for a defined period to those under 60. 1
What you must show
- An investment of at least $2,000,000 · Property or other qualifying investment in Barbados. 1
- Assets of at least $5,000,000 · Minimum assets. 1
Requirements
- Applicants over 60 qualify for an indefinite permit. 1
- Applicants under 60 can apply for a temporary permit. 1
- The Immigration Department issues the permit. 1
Stay
- Indefinite for applicants over 60; defined period for those under 60. No obligation to live in Barbados.
Work
Live and/or do business in Barbados; a work permit carries an extra cost.
Family
Dependants can be included.
Official sources
- High Net Worth Individuals: special entry permit · Invest Barbados (Government of Barbados) · checked 2026-10-10
Special Entry Permit · HNWI and its alternatives
| Route | Money needed | Stay | Work |
|---|---|---|---|
| Special Entry Permit · HNWI | Needs an investment of $2M+ | – | – |
| Retiree permanent residence Mexico | Needs income of MXN 134k+ a month ≈ $7,310 | – | Yes |
| Pensioner visa M Colombia | Needs income of COP 5.3M+ a month ≈ $1,640 | 3 yr | Yes |
| Pensionado residence Costa Rica | Needs income of $1,000+ a month | 2 yr, renewable | Limited |
| Pensioner residence Argentina | Needs income of ARS 2M+ a month ≈ $1,290 | 3 yr | – |
Questions people ask
How much money do I need for the Special Entry Permit · HNWI?
An investment of at least $2,000,000. Property or other qualifying investment in Barbados. Assets of at least $5,000,000. Minimum assets.
How long can I stay on the Special Entry Permit · HNWI?
Indefinite for applicants over 60; defined period for those under 60.
Can I work on the Special Entry Permit · HNWI?
Live and/or do business in Barbados; a work permit carries an extra cost.
Can I bring my family on the Special Entry Permit · HNWI?
Dependants can be included.
Is there a tax break for Special Entry Permit · HNWI holders in Barbados?
Special Entry Permit non-domicile tax treatment: Resident non-domiciled permit holders are taxed on income derived from Barbados sources, and on foreign-source income only if remitted, with foreign currency tax credits. It's separate from the visa and has its own conditions.
Tax
Special regime
Special Entry Permit non-domicile tax treatment
Tax relief
Details
- On: Barbados-source income
- Who: Holders of a Special Entry Permit under the high net worth non-domicile programme
Resident non-domiciled permit holders are taxed on income derived from Barbados sources, and on foreign-source income only if remitted, with foreign currency tax credits.
Taxed on
Barbados-source income; remitted foreign-source income
Who it applies to
- Holders of a Special Entry Permit under the high net worth non-domicile programme.
Tax residence
Resident but not domiciled in Barbados.
Visas
Tied to the Special Entry Permit.
Checked against official sources on , some details partly verifiedChange log
More in Barbados
Retirement and live-on-savings visas elsewhere
≈ USD figures are approximate: daily reference rates from ExchangeRate-API, dated 12 Oct 2026, refreshed when the site is updated.
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How this was checked
Checked on 2026-10-10 against 1 official source. Status: partly verified; the page marks the facts an official source does not fully confirm.
Every figure on this page comes from the official source it links to. The record was researched against these sources, then reviewed separately, with special attention to effective dates and amendments. Where a source does not state something, the page leaves it out.
- High Net Worth Individuals: special entry permit · Invest Barbados (Government of Barbados) · checked 2026-10-10
Tracked since 2026-10-10. Rule changes and corrections are listed on the changes page, and the methodology page explains how facts are checked. Found something out of date? Email contact@stayglobe.app with a link to the official source.