In Barbados, the typically pays the heavier burden of transaction taxes. For the Buyer :
: Tiered based on the property's "site value." For a residential home, the first BBD $150,000 is often exempt, with rates up to 0.75% for values over BBD $850,000. buying property in barbados guide
: 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. In Barbados, the typically pays the heavier burden