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.
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.
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 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."
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.
...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.