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PurgatoryCaribbean

Barbados

12%effective individual rate

No capital gains tax but income tax up to 28.5%. Barbados Welcome Stamp digital nomad visa popular with crypto holders.

FATCA Partner

Yes

FATF Status

Clear

EU Blacklist

No

Dual Nationality

Allowed

CARF Status

Not yet committed

Bitizenship

Not yet

Tax Rates

Capital Gains Tax0%
Income Tax on Crypto12.5-28.5%
Corporate Tax5.5%
VAT on Crypto17.5%

Activity Taxes

Staking

Income tax

Mining

Income tax

DeFi

Income tax

NFTs

No CGT

Taxable Events

Crypto → Fiat

Not taxable

Crypto → Crypto

Not taxable

Holding Period

No holding period benefit

No CGT at all

Regulation & Residency

Regulatory Body

Central Bank of Barbados; FSC

Residency Requirement

Welcome Stamp visa; various options

Reporting Requirements

Annual tax return

Citizenship & Residency Path

Welcome Stamp (digital nomad); citizenship after 5+ years

Resilience & Plan B

Jurisdictional Resilience

How well-equipped this jurisdiction is for a crypto holder who wants stability, access, and protection.

7.1

JRS

Institutions
7/10
Banking Access
7/10
Tax Clarity
7/10
Business Env.
6/10
Privacy
6/10
Geopolitical
10/10

Institutions (25%), banking (20%), tax clarity (20%), business (15%), privacy (10%), geopolitical (10%). Full methodology →

Plan B Readiness

How fast you can go from “I want to move” to “I’m a tax resident with banking and optionality.”

6.6

PBR

Business Ease
6/10
Citizenship Path
5/10
Dual Nationality
10/10
Quality of Life
8/10
Safety
7/10
Bitizenship
3/10

Business ease (25%), citizenship path (20%), dual nationality, quality of life & safety (15% each), Bitizenship (10%). Full methodology →

Notable Conditions

  • Zero CGT
  • Welcome Stamp digital nomad visa
  • 5.5% corporate tax
  • Strong financial sector

Living & Lifestyle

Cost of Living

Moderate-High

Banking Access

Good

Quality of Life

High

Lifestyle Scores

Safety7/10
Healthcare6/10
Institutions7/10
Business Ease6/10
Int'l Schooling4/10
Privacy6/10

Bitizenship

Citizenship & Residency by Investment, with indirect Bitcoin exposure

We build products where your investment capital maintains Bitcoin exposure while you gain new residencies or citizenships. No real estate, bonds, or donations. Indirect exposure via Bitcoin companies, Bitcoin-aligned funds, and similar structures. Over $25M raised globally.

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