Barbados
Income tax 12.5–28.5% · Corporate tax 9% flat · Capital gains 0% · Welcome Stamp visa: 0% on foreign income
Barbados Tax Facts
— 2026Quick Country Comparison
— at $100,000| Country | Take-home | Eff. Rate | vs Barbados |
|---|---|---|---|
 Barbados (local) | $75,492 | 24.5% | — |
 Bahamas | $100,000 | 0% | +$24,508 |
 United States | $82,164 | 17.8% | +$6,672 |
 Portugal | $72,000 | 28.0% | -$3,492 |
Barbados (local) assumes a resident employee paying standard progressive income tax + NIS. Bahamas has 0% income tax. USA is federal tax only. Portugal reflects the post-NHR standard regime. Approximate, illustrative calculations based on each country's published brackets — not tax advice.
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See how Barbados compares to other Caribbean and remote-work-friendly destinations.
Salary Guides
Barbados uses the Barbadian Dollar (BBD), pegged to the USD at BBD 2.00 per USD. Residents pay progressive income tax of 12.5% up to BBD 50,000 and 28.5% above, plus NIS social security of 11.00% (employee, effective April 2025) plus a 0.25% Resilience and Regeneration Fund levy. The Barbados Revenue Authority (bra.gov.bb) administers income tax and VAT. Corporate tax was reformed to a flat 9% standard rate in 2024, replacing the old tiered 1–5.5% International Business Company regime under global minimum-tax pressure.
Moving from Barbados
The Barbados Welcome Stamp — launched July 2020 — lets remote workers earning $50,000+/year live in Barbados for up to 12 months (renewable) while paying 0% Barbados income tax on foreign-sourced income. The visa fee is $2,000/year for an individual or $3,000/year for a family. There's no capital gains tax and no inheritance tax, making Barbados attractive for retirees and remote professionals alike.
Last Updated: August 2026 · Daniel · CountryTaxCalc