Barbados•North AmericaVaries
Free
Varies (Renewable for additional 5-year periods, can transition to permanent residency after 5 consecutive years)
Yes
Not Required
Allowed
Available
Not Required
Residence permit for high-net-worth individuals investing at least US$2 million in Barbados with certified net worth exceeding US$5 million, granting indefinite residency and work permit eligibility.
The Special Entry and Reside Permit (SERP) Category 1 is a premier residency-by-investment program administered by the Barbados Immigration Department under the Immigration Act, Cap. 190. It was established to attract high-net-worth individuals to the island by offering a clear, long-term legal pathway for residency in exchange for significant capital investment. This program fills the gap for wealthy international investors who require a stable, long-term base for their personal and business activities, providing them with a secure status that can eventually lead to permanent residency and citizenship.
This permit is designed for high-net-worth individuals who can demonstrate a net worth exceeding USD 5 million and are willing to make a qualifying investment of at least USD 2 million in Barbados using foreign-sourced funds. It is particularly suited for entrepreneurs, investors, and business leaders. A highly distinctive feature of this category is that it is the only SERP classification that includes automatic eligibility to apply for a work permit, allowing holders to actively establish, operate, and manage businesses within Barbados, making it an ideal choice for those who wish to combine residency with active local commercial engagement.
Must be a foreign national.
Minimum investment of US$2,000,000 in Barbados (real estate, property development, manufacturing, tourism, bank deposits, mutual funds, bonds, or other financial instruments).
Investment funds must originate from outside Barbados and be unencumbered.
Certified net worth exceeding US$5,000,000.
Valid health insurance with minimum coverage of US$500,000 per annum (valid in Barbados).
Education
none or higher
Investment
2,000,000 EUR
Completed Form B.
Two passport-sized photographs.
Original and copy of birth certificate.
Certified copy of passport bio-data page.
Marriage/Death/Divorce certificates (if applicable).
Police Certificate of Character (from countries resided in for 6+ months in the last 3 years; British applicants use Enhanced Disclosure).
Certified statement of net worth exceeding US$5,000,000.
Proof of investment of US$2,000,000 in Barbados.
Proof of valid health insurance (minimum US$500,000 coverage).
Proof of relationship for dependents.
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