Business Barbados

Business Barbados Fast Facts Guide 164 / businessbarbados.com Telecommunications Barbados is equipped with a modern telecommunications infrastructure with the latest in digital technology and fibre optics systems including international direct dialing, facsimile transfer and satellite telecommunications which allows for the efficient transmission of electronic data. Internet and e-mail services, as well as express mail and courier delivery, are also available. Local cell-phone operators are divisions of international telecommunications providers with service offerings that the international business traveler has come to expect, such as the ability to easily roam and the availability of high-speed 3G and 4G data networks island-wide. The International direct distance dialing code for Barbados is (1-246), followed by a seven-digit local number. TRANSPORTATION FACILITIES Roads Barbados has an extensive road system of about 1,475 km of paved roads. Highways link the north and south of the island, as well as the west coast and the airport on the south-east coast. Airport The Grantley Adams International Airport, located about 15 minutes from the capital city Bridgetown, plays an important role as a vital centre and link for international air traffic in the Eastern Caribbean. The main passenger terminal handles in excess of 2 million passengers each year and has been upgraded to accommodate increases in traffic. Seaport Barbados has one of the most modern ports in the Caribbean with both a deep-water harbour and a shallow draught facility. There are regular freight sailings to North America, Europe, and the Caribbean. The Bridgetown port is well equipped with container- handling and berth facilities for ocean-going freighters and passenger vessels, including major luxury liners and has undergone recent upgrading to expand its berth and customs facilities. The port has won awards for the most improved port facility and the most receptive destination. INTERNATIONAL FLIGHTS TO BARBADOS There are non-stop daily scheduled airline services to major business hubs including New York, Miami, Toronto, London and the Caribbean islands. There are also regular non-stop scheduled airline services to other major markets including Frankfurt, Charlotte and Panama. Airlines flying to Barbados include American Airlines, Air Canada, British Airways, Caribbean Airlines, Copa Airlines, Jet Blue, LIAT, Virgin Atlantic, West Jet, Lufthansa and several charter flights companies. IMMIGRATION AND WORK PERMITS The Barbados Immigration Act allows non-citizens to work on the island only if they have been granted a work permit. Certain CARICOM skilled nationals may live and work in Barbados without a work permit. The person has to possess a degree, diploma or professional accreditation and an offer of employment or plan to undertake employment as a self-employed person. There are no statutory restrictions on the number of foreign employees on the payroll of a company at any time. Foreign workers contribute to and are entitled to social security benefits on the same basis as Barbadian nationals. A work permit is usually processed in about six to eight weeks. The forms and list of required documentation is available from the Immigration Department in Bridgetown. New Immigration Policies Barbados now offers Special Entry and Reside Permits (“SERPs”) to enter and reside in Barbados with little or no restrictions. These SERPs may either be granted for an indefinite period or for a fixed period, depending on the particular category the individual falls under. Visa Entry Requirements A valid passport is required by all visitors to Barbados. All visitors are required to have onward or return tickets. Citizens of certain countries will require a visa to visit Barbados. Contact your nearest Barbados Tourism Authority office, one of the Invest Barbados offices or visit https://immigration.gov.bb/pages/Visa_Requirements.aspx fo r further information. Visas are not required for passengers on cruise ships with the exception of citizens of the CIS Eastern European states, The Peoples Republic of China, Taiwan, South Africa, Korea and some Middle Eastern states. SOURCES Barbados Hotel & Tourism Association www.bhta.org Barbados Statistical Service www.barstats.gov.bb Barbados Stock Exchange www.bse.com.bb Barbados Tourism Authority www.visitbarbados.org Central Bank of Barbados www.centralbank.org.bb PUBLISHER'S NOTE: All of the information in this guide has been carefully collected and prepared, but it still remains subject to change and correction. Use these contents for general guidance only and seek extra assistance from a professional adviser with regard to any specific matters. Readers can contact the relevant authorities mentioned. A comprehensive list of Government Services, Legal Services, Business Associations and Agencies can be found at the end of this guide.

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