Barbados, with its rolling green hills, golf courses and polo
fields, is often referred to as Little England, but you don't get
beaches like these, even in Cornwall! Barbados established itself
as a hot property market ahead of many of its Caribbean neighbours
and has attracted wealthy investors for decades, including the 18
billionaires who have bought homes on the Platinum Coast.
The island has not lost its lustre over time and property prices
continue to climb steadily. Even during 2009's global dip, Barbados
held strong, considered the real estate equivalent of a gold
bar.
Capital: Bridgetown.
Area:166 square miles.
Currency:Barbadian Dollar.
Buying property:Non-nationals buying property have to go through
the same process as nationals, although, as a formality,
non-nationals must first get permission from the Central Bank of
Barbados for the purchase of a property .
Property taxes & fees:Buyers are liable for 2-3% legal fees
and, when buying land, a 10% property transfer tax.
Tourist Board information The Barbados Tourist
Board
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