It's important to note that this visa is for remote work only i.e. for companies and individuals outside of Barbados. What does this mean for you? Well, a couple things:
- You will not be liable to pay Barbados Income Tax and therefore will not be subject to any double taxation
- However, visitors will be subject to Barbados' 17.5% VAT on any products and services purchased on island.
- Note, that if you ultimately decide to start a business here in Barbados, we have a very competitive corporate tax rate of between 1%-5.5%. To find out more about investment opportunities in Barbados, "visit Invest Barbados".
You'll find Barbados well equipped for all your remote work needs. The island boasts the fastest fibre internet and mobile services in the Caribbean and many local cafes and several public spaces across Bridgetown offer free public Wi-fi.
We also have many co-working and office spaces available (for times when you don't want to work on the beach!), such as large communal workspaces like Regus located in the West of the island or TEN Habitat, located in the city's capital, Bridgetown. its ideal space for smaller teams. For a more central location, check out Desktop.bb, which offers a fully-furnished, air conditioned office, located thecentral parish of St. George.