The WestBeach Barbados project in St Peter, recently launched by B.J. Investments Limited, is expected to generate approximately 200 jobs during its 20-month construction period, with around 30 permanent positions once completed. Chairman of the company, Bjorn Bjerkhamn, revealed these details during the groundbreaking ceremony, with construction set to begin next Monday and completion anticipated by...
The long-awaited Hyatt hotel development on The City’s historic waterfront is slated to commence in January, creating 1,500 jobs and providing a significant boost to the local construction industry. This was announced by developer Mark Maloney during the groundbreaking ceremony for the WestBeach Barbados project last Friday. The Hyatt Ziva all-inclusive hotel, which will extend from the Pierhead...
Located on Barbados' exclusive West Coast, St. James is a premier real estate destination renowned for its stunning beaches, luxury lifestyle, and high-end properties. This area, often referred to as the "Platinum Coast," is home to world-class golf courses, fine dining, and exceptional shopping. For investors, St. James offers not only personal retreat options but also properties with high rental...
From the tranquil shores of Barbados to the crystal-clear waters of the Bahamas and Turks and Caicos, a wave of luxury developments is reshaping the Caribbean. These residences not only promise unrivaled beauty but also emphasize wellness and ease, offering the perfect balance of relaxation and modern amenities. Here’s a look at some high-end projects redefining Caribbean living—whether for...
First Hotel Set to Open in the Dominican Republic in 2026 Sonesta International Hotels Corporation has unveiled plans to significantly expand its presence in the Caribbean, announcing a deal to open five new Sonesta ES Suites properties in the Dominican Republic. This move forms part of the company's broader strategy to grow its footprint in Latin America. The first of these properties, an 80-room...
In 2024, Barbados emerged as a key contributor to the growth of air traffic in the Caribbean, driven by a remarkable recovery in its tourism sector. The Grantley Adams International Airport (GAIA) played a pivotal role, witnessing a significant rise in passenger numbers as the island’s tourism industry rebounded from the disruptions of previous years. Monthly arrivals at GAIA consistently surpassed...
Setting up a company in Barbados involves navigating several legal and procedural steps. Whether you're looking to form a Regular Business Company (RBC), an Unincorporated Business, or an External Company, understanding the requirements and processes is crucial for a smooth establishment. Here’s a comprehensive guide to help you get started: Establishing a Regular Business Company or Society with...
Barbados offers a diverse range of emerging investment opportunities, supported by a robust infrastructure, skilled workforce, and favorable business environment. Whether you're looking to invest in ICT, fintech, niche manufacturing, renewable energy, medical tourism, bioscience, or education, Barbados has the resources and regulatory framework to help your business thrive. Information and...
Barbados presents a wealth of opportunities in financial services and insurance, supported by a favorable business environment, robust infrastructure, and skilled workforce. Investors can benefit from the island's regulatory framework, experienced professionals, and excellent quality of life. Financial Services Barbados has long been a hub for financial services, attracting banks and high-net-worth...
Barbados is a vibrant hub for business and investment, offering a transparent and supportive environment that welcomes foreign ownership and entrepreneurship. With a stable economy and robust legal system, Barbados is well-equipped to facilitate the seamless start and growth of your business. Expanding Treaty Network Investing in Barbados means gaining access to a wide network of international tax...