A Guide to Buying Real Estate in Barbados

Caribbean islands have breathtaking beaches, lower costs and higher ease of living, and friendly natives- making them great prospective real estate investments. Barbados is the best place to invest, especially since it meets all of the criteria listed above. So, whether you're looking at a Barbados luxury real estate or simply a plot of land for sale in Barbado s, here's an in-depth guide to the legal know-how of buying real estate in Barbados. Permissions Required Foreign ownership is generally unrestricted, except for one formality: nonresidents must obtain permission from the Barbados Central Bank to purchase a property. Any money brought into Barbados by foreign buyers must be registered as well. This is merely a formality, but failure to do so will result in the cancellation of your purchase. Transfer Of Title Property in Barbados is relocated by transfer of title, which is documented by land title and certified census initiatives recorded at th