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Barbados


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 

Key Facts
Location: Caribbean, island in the North Atlantic Ocean, northeast of Venezuela
Climate: Tropical with the rainy season between July and November
Population: 280,000
Religion: Protestant and Roman Catholic
Language: English

 

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