Barbados is a small island in the Caribbean, stretching 21 miles north-south and 14 miles east-west. Less than 300.000 people live there – narrowly the same numbers than in Buffalo City, NY. It is famous for the warm climate – as is the entire Caribbean – and for being the home country of Rihanna. Now, Barbados is becoming the new hotspot for investing in a holiday home.
The local authorities have been pushing for foreign investment. You’ll find that it is relatively easy to do business here.
Stability and reputation
<p>Barbados is one of the most stable democracies in the Caribbean, where civil liberties and the rule of law is respected. You don’t hear about coups or civil strife here. It is deemed as the 3rd oldest parliament in the British Commonwealth.
If you’re thinking about rental income from your property, this will be a good spot, as the tourism scene is growing.
Healthcare is ranked among the very best in the Caribbean. It combines both public and private facilities, with the main hospital being run by the government and the second biggest being privately held.