Barbados Property Buying & Selling Costs

See what the buyer needs to bring to closing and what the seller takes home. Covers lawyer fees, stamp duty, property transfer tax, and land tax, all worked out on the Barbados tax year.

Sale Price (BDS$)

BDS$

Land Tax Value (BDS$)

The value BRA uses to work out your land tax. Check your demand notice.

BDS$

What kind of property?

Is the land registered?

Closing date

Is the buyer a Barbados resident?

How much are you borrowing? (BDS$)

BDS$

Any unpaid land tax? (BDS$)

Check with BRA before you close

BDS$

Value used for PTT and stamp duty (BDS$)

Optional. Leave blank to use the sale price.

BDS$

Include seller's legal fees

First-time homeowner?

Registered vs Unregistered Land

In Barbados, land can be registered (on the Land Registry) or unregistered. Registered land tends to have lower lawyer fees. Unregistered land needs a full title search, which costs more.

April 1 Rule

Whoever owns the land on April 1 owes the full year's land tax, even if they sell it the next day. The split shown here is just a guide for closing; it doesn't change what the BRA charges.

Land Tax Clearance

Your lawyer will need a land tax clearance before the deal can close. You can check your balance, pay any arrears, and download the certificate online through the BRA, whether you're local or abroad.

This tool gives estimates only and is not legal, tax, or financial advice. Always talk to a qualified Barbados lawyer before buying or selling property.