Following the UK Spring Budget of 2024, which introduced significant changes to the taxation system for non-domiciled individuals in the UK—often referred to as UK non-doms—Barbados has emerged as a prime relocation destination. The proposed elimination of the remittance basis of taxation and other reforms has prompted many international entrepreneurs residing in the UK to reconsider their tax...
The Special Entry and Reside Permit (SERP) provides qualified individuals, their spouses, and children with residency status in Barbados. There are four SERP categories: Category 1: Requires evidence of an investment in Barbados of at least US $2 million from funds sourced outside Barbados and proof of a high net worth exceeding US $5 million. Category 2: Property ownership in Barbados, with the...
In January 2025, the Henley Passport Index, a leading authority on passport rankings, unveiled its latest report, showcasing the global mobility offered by passports worldwide. For Caribbean nations, the rankings highlight the considerable ease of travel their passports provide, with several countries standing out for their ability to grant visa-free or visa-on-arrival access to numerous...
The Caribbean Development Bank (CDB) is breaking new ground in its commitment to empowering women entrepreneurs across the region. Through the SheTrades Caribbean Hub—a joint initiative with the International Trade Centre (ITC)—CDB has unveiled an innovative partnership with Caribshopper, an e-commerce platform that connects Caribbean businesses with North American consumers. This collaboration aims...
The highly-anticipated debut of Kimpton’s first all-inclusive resort, Kimpton Tres Rios Riviera Maya, is set to make waves when it opens its doors on August 1, 2025. Nestled along a pristine stretch of white-sand beach in Mexico’s Riviera Maya, this eco-luxury haven spans 326 acres and boasts a unique blend of three ecosystems: jungle, mangrove forests, and coastal dunes. Guests can explore an...
The African Export-Import Bank (Afreximbank), a leading pan-African multilateral trade finance institution, has unveiled plans to establish a cutting-edge trade centre in the Carlisle Bay district on the southeastern coast of Barbados. Spanning a 6.4-acre site, the 30,000-square-meter mixed-use complex will feature Afreximbank's Caribbean regional offices, corporate office spaces, a 120-room hotel,...
The Antigua and Barbuda Tourism Authority recently hosted Canadian actor, producer, director, and writer Gil Bellows, renowned for his roles in The Shawshank Redemption, The Weather Man, and House at the End of the Street. Bellows’ visit aimed to showcase the islands as a premier film destination. “We were thrilled to welcome Gil to Antigua and Barbuda and offer him a truly immersive experience of...
The SF Group, a leading marina construction and development company from Sweden, has announced the start of excavation for Port Nimara, a groundbreaking maritime hub set to reshape Anguilla’s economic and tourism sectors. Strategically positioned between the esteemed Cap Juluca and Altamer estates, Port Nimara is a multi-faceted nautical development offering 118 berths for vessels up to 260 feet. The...
The Caribbean Development Bank (CDB) has approved a USD909,000 grant to The University of the West Indies (UWI) to address water resource challenges and bolster climate resilience in Jamaica’s coastal and inland communities. Jamaica, ranked among the 36 most water-stressed countries globally by the World Resources Institute, faces a paradox of abundant freshwater yet uneven distribution. While the...
The Graeme Hall Nature Sanctuary, home to Barbados’s largest remaining mangrove forest, is poised for a major revival as it prepares to reopen in March under new ownership. Following a multi-million-dollar acquisition by businessman and philanthropist Anthony Da Silva, the South Coast wetland will operate as a paid facility, creating jobs and expanding the island’s ecotourism footprint. When the...