Caribbean Playground Of Barbados Continues To Attract Foreign Investment

Barbados is on fine form it seems, as the jet-set island preps itself for fun times as it heads towards the 'season'. Barbados’s dynamic Prime Minister, Mia Mottley has been putting her house in order too, upgrading the airport and highways and championing local environmental threats by climate change. She’s also clearly keen, to target the right kind of investment. Rental demand for one, has increased due to the island’s successful ‘Welcome Stamp’ visa that, as its name suggests, opened its arms to digital nomads earning US$50,000 or more a year. 

This shot in the arm of incoming affluent, entrepreneurial individuals has also meant there’s a distinctively younger vibe on an island that has traditionally attracted older semi-retirees to winter there and play golf.  

Whilst non-locals can stay on the island for up to six months a year, full-time residency can also be obtained through a Special Entry and Reside Permit (or SERP) offered on investment of $2m (£1.48m) or more, or other qualifying assets.