Invest Barbados






 

Ten Reasons to Choose Barbados

 

Barbados is an attractive destination for international businesses of substance and high net worth individuals.  The island ranks among the top 10 captive insurance domiciles in the world, and is the second largest recipient of Canadian direct investment after the United States, with four of the largest Canadian banks maintaining a significant presence here. Barbados continues to refine and improve its product offerings, build out its network of trade and treaty partnerships, and meet international transparency standards set by multilateral bodies, such as the Organisation for Economic Co-operation and Development (OECD).


Barbados offers several advantages. The top ten reasons why investors should choose Barbados are:


1.    Barbados has a geographically diversified network of double taxation agreements (DTAs), bilateral investment treaties (BITS) and tax information exchange agreements (TIEAs), making it unique in this hemisphere. There were 36 DTAs in force, including the Caribbean Community (CARICOM) multilateral DTA, and key trading partners in the United Kingdom, Europe, North and South Americas, Asia, Africa and the Middle East. Added to that, are nine BITs and five TIEAs in force in the same regions. These agreements all conform to the format required by the OECD.

 

 

Written by Andrew Alleyne, Managing Director, Argentum Asset Management Inc. Source: Barbados International Finance & Business 2016

 

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