Business Travellers

There are a plethora of reasons to invest in Barbados. Consider first, the country itself, consistently ranked by both the United Nations and the vaunted Economist Intelligence Unit as one of the top 40 countries worldwide for its quality of life.

This is attributable not just to the usual sun, sea and sand, but to Barbados’ mastery of the more substantial things that add quality to life such as excellent utility services, road networks and high levels of education.

You should also consider Barbados’ business environment, which is filled with potential for any investor. The Global Competitiveness Report/Global Competitiveness Index for 2006-2007 ranks Barbados highly - fourth in the Western Hemisphere and 31st among 125 countries worldwide. The island also boasts a stable economy, currency and democracy.

Most of all, you should consider what is in it for you. This list is considerable – tax holidays, exemption from exchange controls, full repatriation of capital, profits and dividends, government subsidisation of factory space in modern industrial parks and duty-free access to the United States, Canada, European Union and CARICOM countries – among other benefits and incentives.

So are you ready to invest in Barbados? Friends can set you on this path, with a run-down of where some of the best investment opportunities are to be found. Government agencies such as Invest Barbados and the Barbados Tourism Investment Inc can help you make your Barbados-based business a reality.

Information Technology

The Information Technology sector has an increasingly strong profile in Barbados with several call centres, data processing centres and credit card processing centres already established here.