Reasons to Invest – IBU Demo

Stable Economy

International Business Unit — Fri, 13 Jun 2014 16:13:12 +0000

The island of Barbados has a long history of social, political and economic stability. It is this stability which makes Barbados an excellent offshore jurisdiction for the discriminating high net worth private and corporate client.

The Parliament of Barbados is the third oldest legislature in the Americas, initially patterned after the Parliament of England. The jurisdiction is a parliamentary democracy committed to the rule of law and good governance.

The economic stability of the island has also played a major role in its attractiveness as an international business and financial services centre. Barbados’ currency is tied to the US dollar at a rate of one US dollar to two Barbadian dollars and the island is served by a well established financial system.

Infrastructure

International Business Unit — Fri, 13 Jun 2014 15:13:44 +0000

English is the official language of Barbados, making it a prime jurisdiction for doing business. The Government has invested heavily in its human resource through the provision of free primary and secondary education. This has resulted in a highly trainable workforce with requisite skills.

Barbados is 166 square miles, and has modern ports of entry (airport and a sea port). There is a good network of roads and highways covering the entire island. The supply of electricity is reliable and progressively alternative sources of energy supply are being employed for commercial as well as household use. The communications infrastructure in Barbados is excellent. The services provided by the telephone, internet, postal, radio and television systems are all of a very high quality.

For the discerning investor, there are high quality support service providers (tax advisory, accounting, audit, legal, corporate secretarial etc.) offering a broad range of global investment management services available on the island. These service providers are accustomed to delivering services to clients based in larger jurisdictions and adhere to international best practice as set by the respective organization of which they are members.
Barbados is a low tax jurisdiction with an expanding treaty network offering companies the opportunity to competitively structuring their global investments, in a properly regulated environment. The country has an attractive trust framework with a variety of options for the discerning estate and tax planner, in addition to a suite of legislative vehicles.

Taxation Treaties

International Business Unit — Fri, 13 Jun 2014 14:14:29 +0000

Barbados is a model for good governance and human development and is committed to nation building and development. The island is known as a well-regulated and transparent international business and financial services centre and aims to maintain this reputation. It is this pristine reputation that has attracted many companies inclusive of international banks to Barbados. It is also for this reason that Barbados may boast of our numerous taxation treaties with countries the world over.

Skilled Labour

International Business Unit — Fri, 13 Jun 2014 13:15:05 +0000

Barbados has a superior educational system as evidenced by its well educated work force. The education system has its foundation in the British system and public education at the primary and secondary level is completely free.

It is as a result of this free education particularly at the primary level that the island is able to boast one of the highest literacy rates in the world. The Cave Hill Campus is expanding rapidly and has been producing graduates with the requisite skills sets for the international business and financial services sector.

Quality of Life

International Business Unit — Fri, 13 Jun 2014 12:16:15 +0000

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Accessible Places

International Business Unit — Fri, 13 Jun 2014 11:16:51 +0000

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