Invest Barbados



Presents: A Case Study & Panel Discussion - LATAM Trust & Estate Planning

Friday, June 2, 2017
11:30 a.m. - 2:30 p.m. at Courtyard By Marriott, Hastings, Christ Church.


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IB Week 2017 Conference

Oct. 19 - 20
Hilton Hotel, Barbados





Foreign Investment How We Can Help You Success Stories

 

IPAs Play a Pivotal Role

 

During the past year IB&FS sector has seen a number of developments at the domestic level, and more so, on the global front including, the restoration of diplomatic relations between the USA and Cuba, BREXIT and the US Presidential elections.  These geo-political changes will undoubtedly impact the IB&FS landscape and will present new opportunities for Barbados.  

In view of the prevailing fragile global economy, the role of the Investment Promotion Agency (IPA) is even more pivotal. Traditionally, IPAs have been established by governments to attract foreign direct investment (FDI) and spur growth in specific sectors. Notably, the priorities of IPAs have evolved in response to economic imperatives and market conditions.

From inception, Invest Barbados (IB) has embraced these key four roles.  IB has responsibility for attracting FDI and international business that create jobs, generate taxes and earn foreign exchange revenue and ensuring that prospective investors have the information required to make informed business decisions. Together with stakeholders, IB has been deliberate in building and managing the country’s international business brand, while positioning Barbados as the wealth management jurisdiction of choice in the Western Hemisphere. IB also continues to be a policy advocate, channelling concerns and new ideas to the appropriate authorities, while supporting initiatives to improve the domestic investment climate.

 

Written by Sandra Payne, Chief Executive Officer (Ag), Invest Barbados; Adapted from: Barbados International Finance & Business 2017


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