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Date: 03 May, 2022
Source: Invest Barbados

Barbados has ranked fifth out of 15 best locations for an executive nomad to live.

This is according to the Savills Executive Nomad Index, which forms part of new research that ranks 15 destinations for long-term remote workers.

Based on the index criteria, all destinations ranked either have a digital nomad visa programme or its equivalent; already form part of a large economic bloc that allows free movement of people for living or work, such as with US and European countries; offer favourable climates year-round, a high quality of life and have established prime residential markets.

Today’s modern executive nomad is seeking to work in a destination with good travel connections and reliable high-speed internet, which serve as a motivating factor for the individual and their families to relocate, while placing greater emphasis on health, wellness and quality of life.

Barbados offers all these advantages and more. The jurisdiction boasts efficient air connectivity with direct flights to cities in the US, UK, Canada and the Caribbean; a modern, robust network and technology infrastructure, having ranked 10th in the Americas in the Speedtest Global Index for Fixed Broadband; a year-round warm climate; friendly, welcoming people and a desirable quality of life.

Barbados was among the first to introduce a digital nomad visa programme, namely the Barbados Welcome Stamp, a 12-month work visa for non-nationals who are resident and employed in a country other than Barbados. Since the introduction of the programme, Barbados has attracted several approved applicants from various countries globally, including from North America, Europe and Africa.

The Savills Executive Nomad Index ranked Lisbon, Miami, Dubai and Algarve 1st to 4th, respectively. Other Caribbean destinations also featured in the index were Saint Lucia, Antigua and Barbuda and the Bahamas.