Selling Real Estate – The Process Selling real estate in Barbados usually begins with finding a real estate agent to market the property. Before the property can be marketed, the seller should have certain documents to prove that they have the legal right to sell the property. These legal documents include: Title Deeds Land Tax Bill Plot Plan Title Deeds A title deed contains important...

Renting Real Estate – The Tenant (Long-term Rentals) There are many properties in Barbados available for long-term rent, ranging from lower-income to luxury options. Tenants should always secure themselves by ensuring they sign a contract when renting property. This contract sets out the terms and conditions of renting and ensures that a legal basis exists in case the landlord does something outside the...

Renting Real Estate – The Landlord (Long-term Rentals) There are many property owners in Barbados who rent their properties. From lower-income to luxury, renting can be a profitable business when done the right way. Property owners should always secure themselves with a contract when renting their property(s). This contract sets out the terms and conditions of renting and ensures that a legal basis...

Purchasing Real Estate – The Process Purchasing real estate in Barbados can be a relatively easy process that may involve interacting with a real estate agent who is marketing the property. Before the property is marketed, the seller should have certain documents to prove that they have the legal right to sell the property. These legal documents include: Title Deeds Land Tax Bill Plot...

Real Estate in Barbados Though small in size, Barbados is considered to be one of the most developed islands in the Caribbean. Here, we have a wealth of properties across all 11 parishes, whether undeveloped land for sale, developed land lots for sale, or residential and commercial properties for sale or rent. Who Can Purchase Property in Barbados? Both residents and non-residents can purchase property in...

AML Requirements & Real Estate in Barbados A National Risk Assessment was conducted in 2019 in Barbados and real estate agents were rated high risk and were required to be supervised in Barbados. This requirement came from the Financial Action Task Force (FATF) – the standard setting body for AML regulations. As part of this supervision, real estate agents are required to collect important Know Your...