Barbados captive domicile overview
2025-10-31
Global top-10 domicile, strong with Canadian/US parents thanks to its tax treaty network and Latin America focus.
| Active captives | 273 active captives (31 Dec 2024, FSC/Invest Barbados; ~69% US/Canadian parents) |
| Minimum capital | US$125,000 (Class 1 pure captive) |
| Annual licence fee | Annual licence approx. US$12,500 (Class 1) |
| Tax treatment | 0% tax rate for Class 1 pure captives; 2% for Class 2/3 |
| Regulator | Financial Services Commission (FSC), Barbados |
Data updated October 2026, compiled from regulator statistics and industry sources (Captive Review, Business Insurance, etc.). Figures refer to the most recent available year; please refer to regulator disclosures for the latest data.