Real Estate
In the last ten years there has been a boom in the development of new residential and commercial properties. This has been fuelled by economic growth, prosperity, cheaper and more readily available finance and a large number of competent building contractors. Even at the lower income levels of society, there has been a rapid increase in the percentage of families building permanent freehold properties and a departure from the moveable chattel houses which were sited on rental lands in the past.
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."
