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Barbados: Personal Taxation

Properties Transfer Tax

The rate of property transfer tax is 2.5%, with exemptions on the first BDS50,000 of share sales and the first BDS150,000 of the sale of land and houses.

In addition where the sale of property by a non-resident is to another non-resident and there is no net foreign exchange loss to the country, the proceeds of sale can be repatriated without restrictions.

 

 

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