Barbados enjoys a positive image in the marketplace as a reputable International Business Centre of choice and has been successfully attracting Foreign Direct Investment for decades, particularly from Canada and the USA. Barbados is the 5th largest destination for Canadian direct investment abroad, garnering Cdn $49.8 billion at the end of 2019 (Statistics Canada).
Professor Walid Hejazi has indicated that “…the OECD is satisfied that Canadian direct investment abroad that goes to or through Barbados…complies with OECD standards for transparency and exchange of information – standards which Barbados expects of all corporations active in its jurisdiction. Countries like Barbados allow Canadian firms in those industries which drive the global economy to maintain their competitiveness.” (Hejazi, W. 2007)
Companies looking to thrive in a highly competitive global marketplace invest in Barbados, to capitalize on the business-friendly environment, strong human capital, high-quality infrastructure, investment protection, and good quality of life.
Facilitating Businesses of Substance
From inception, Barbados was deliberate in building its international business sector on the strong foundation of treaty-based agreements that included…
Investors can readily access the services of tax advisors, reputable international banks, global accounting firms, lawyers and management companies offering…
The country’s long-standing tradition of parliamentary democracy and the prudent management of the economy provide a stable foundation for business. Also,…
Barbados continues to offer an attractive value proposition. Apart from its strong human capital, modern infrastructure, sophisticated business environment and excellent…
Adherence to international best practice standards is a hallmark of the Barbados value proposition The country has a well developed legal system based on…
Well respected international bodies including the United Nations, the World Economic Forum and Transparency International have recognised the economic and social positioning,…