Industries
The Barbados economy is comprised of enterprises engaged in a variety of business activities in many industries. The major contributors to the Barbados economy are the service sector. The sector includes, among others, government services, tourism services, and finance and business services. The finance and business services industry is the largest component of GDP by industry since it accounts for 31.0 per cent of GDP.
This section of BusinessBarbados.com explores these major industries providing where available a summary of the industry editor’s perspective of that industry today New and emerging developments in the sector (policy changes, new technology, new investments, recent stories and important developments and updates of interest about the sector).
Investment Opportunities in the Tourism Sector
There are numerous opportunities for investment in both room stock and services, with prime real estate currently available on the south and west coasts, in what is still considered a buyers’ market.
The Hidden Golf Gems of Barbados
There is little doubt that the world-class quality of the golf courses, coupled with the sea, fine cuisine, quality international schools, friendly people and the safe openness of Barbados, has been a key driver in attracting some very wealthy people and FDI to Barbados in recent years.
Rolling the Barbados Wicket for Real Estate Growth
Barbados is on the cusp of a new wave of development, driven by all of these very positive initiatives and encouraged by a well-managed business friendly economy, a competitive low tax environment and all of the island’s many natural attributes. The next few years promise to be exciting times.
Barbados is ‘Moving On’
"Barbados remains the Caribbean’s most attractive tourist and second- home destination. It has also become a place where wealthy people want to spend more than just the winter months. The opportunity to invest in a house or business and achieve residency is real. In the past five years, many high net worth families have become Barbadian residents."
Into the Blue: New Investor Opportunities
As a small green dot in a big blue ocean, Barbados has built a reputation for managing increasingly finite resources while having the fourth highest population density in this hemisphere.
Medicinal Cannabis in Barbados – An Industry Poised for Growth
...this dynamic and sophisticated sector can be a catalyst in creating new jobs, new opportunities for local businesses and new revenues for the government. The legalization of medicinal cannabis also presents great opportunity for international investors.
