Monthly Archives: July 2012

Barbados Offers Entry Permits to High Net Worth Individuals

The Barbados Cabinet has recently offered High Net Worth Individuals (HNWI) the option to be granted indefinite Special Entry Permits.  The Special Entry Permits allow non-nationals to enter and depart from the island as they wish, as well as stay for indefinite periods of time. This new initiative is aimed at making living, working and Continue Reading...

Barbados Lowers Offshore Tax Rates Further

The Barbados Cabinet has lowered the offshore tax rate on all profits and gains for the highest band of taxable income. The offshore tax rate on income and gains above US $15 million has been reduced further from 1% down to just 0.5% in 2012, with a further reduction to 0.25% in 2013. An additional Continue Reading...