Barbados tax rates
The top rates a resident individual pays on each kind of income, computed by the Sovereign tax engine from its Barbados tax profile.
Sources incomplete — at least one figure has no accepted source yet. Sources last checked 9 November 2026. Figures last changed 9 November 2026. Profile last reviewed 27 May 2026.
Scroll across the table to see all tax rates.
| Salary | Capital gains | Dividends | Interest | Rent | Crypto gains | |
|---|---|---|---|---|---|---|
| Barbados | 27.75%† | 0%† | 15%† | 15%† | 15%† | 0% |
† This figure rests on a PwC tax summary, not on the statute itself. The summary is the only source on file for it.
Each figure is the tax on one more unit of a very large amount of that income, with every layer the engine models: surtaxes and uncapped social contributions included. It is the top marginal rate, not the average rate you pay on all your income.
What is the top income tax rate in Barbados?
The top rate on a salary is 27.75%. It is the tax on each extra unit of a very high salary, with surtaxes and uncapped social contributions included. The income tax scale alone reaches 27.5% above BBD 50,000.
How are capital gains taxed in Barbados?
Barbados does not tax a capital gain on shares held as an investment in our model. The rate does not depend on how long you held the asset.
How are dividends and interest taxed in Barbados?
The top rate is 15% on dividends and 15% on interest.
How is crypto taxed in Barbados?
In our model Barbados does not tax a private investor's gain on crypto assets.
Does Barbados tax foreign income?
Yes. Barbados taxes its residents on their worldwide income. A tax treaty or a credit for foreign tax can reduce the tax on income from abroad.
Does Barbados have a wealth tax?
No. Barbados has no recurring national tax on net wealth in our model. Property taxes and taxes on gifts or inheritances are separate.
Does Barbados have an exit tax for individuals?
No. In our model Barbados does not tax an individual's unrealised gains when the individual moves abroad.
What special tax regimes does Barbados have?
Our profiles list one regime: Welcome Stamp (Digital Nomad Visa) (up to 1 years). It has its own conditions.
When do you become tax resident in Barbados?
The Barbados day test (More than 182 days in the income year): 183 days in the calendar income year; ordinary residence is separate. Ordinary residence, domicile and treaty tie-breakers need separate facts. A residence permit alone does not decide tax residence.
Residence decides whether Barbados taxes you on these rates. See the Barbados day-count test and count your own days.
Sources
The Barbados profile cites 6 sources for these rules, 1 of them from a government or a statute.
- Barbados Remote Employment Act, 2020-23, sections 3-6 · official, retrieved 2026-11-09
- PwC Worldwide Tax Summaries - Barbados individual taxes on personal income · summary, retrieved 2026-11-09
- PwC Worldwide Tax Summaries - Barbados income determination · summary, retrieved 2026-11-09
- PwC Worldwide Tax Summaries - Barbados individual other taxes · summary, retrieved 2026-11-09
- PwC Worldwide Tax Summaries - Barbados individual deductions · summary, retrieved 2026-11-09
- PwC Worldwide Tax Summaries - net wealth tax rates, Barbados row · summary, retrieved 2026-11-09
The model covers the general rules for a resident individual. It does not cover every deduction, credit, tax treaty or local tax, and rules change after the check date above. Did you find an error? Tell us, with the source.
Compare Barbados with other countries
Top rates do not show what you would pay. Sovereign applies these rules to your own assets, income and debts, and compares the result across 165 countries. Put Barbados side by side with other countries, see every country or try the live demo.
Other countries in Caribbean: Bermuda, Bahamas, Curacao, Dominica, Dominican Republic, Grenada.