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Barbados News – From Tax Breaks to New Social Benefits – A Breakdown of The Latest Budget (2025)

The latest budget introduces several measures designed to strengthen economic growth, enhance resilience, and ease the cost of living. From tax breaks to new social benefits, these updates affect businesses, workers, and everyday citizens. Here’s a breakdown of the most important changes and what they mean for you. Building a More Resilient Future The government is repurposing the Catastrophe Fund...

Barbados News – Holetown Civic Centre Relocating to $40M Facility as Hotel Project Moves Forward

The government is advancing plans to redevelop the Holetown Civic Centre, awarding the project to the Insurance Corporation of Barbados Limited (ICBL) to construct a 100-room, US$88 million hotel on the site. Senior Minister in the Prime Minister’s Office, Dr. William Duguid, addressed Parliament, emphasizing that the process has been transparent, with public notices and consultations dating back to...

Barbados Real Estate News – New on the Market this week! Properties for Sale in Barbados

Browse our latest collection of Homes For Sale in Barbados: 5143 | *MOVE IN READY – Penthouse Fully Furnished, Crane Residences | USD$1,350,000 Perched within the prestigious Private Residences at The Crane Resort, this exquisite two-bedroom, two-bathroom penthouse spans two levels, offering an unparalleled blend of luxury and comfort. The highlight of this stunning retreat is its expansive...

Barbados News – Housing Minister Confirms Rent-to-Own Programme Still Active

Minister of Housing Dwight Sutherland has dismissed claims that the National Housing Corporation’s rent-to-own programme is inactive. He asserted that it remains fully operational and continues to offer low-income earners a pathway to homeownership. Speaking in Parliament on Tuesday, Sutherland emphasized that the initiative is designed to help individuals who may not qualify for traditional...

Barbados News – Barbados Advances Oil and Gas Production with New Recovery Techniques

Barbados is stepping up its efforts to maximize oil and gas production, unveiling a bold energy strategy that blends innovation with sustainability. The government is introducing advanced recovery techniques and carbon capture initiatives to revitalize the nation’s energy sector while ensuring environmental responsibility. Revamping Onshore Wells for Greater Efficiency Minister of Energy and...

Caribbean News – Four Seasons First Luxury Yacht to Sail the Caribbean with Champagne and Caviar Bar

Luxury resort brands are setting sail, bringing their signature opulence to the seas, and Four Seasons is joining the wave. Four Seasons I, the brand’s first luxury yacht, is set to debut in January 2026, offering exclusive voyages across the Caribbean. With 95 lavish suites, a nearly one-to-one guest-to-staff ratio, and 11 world-class dining venues, the yacht promises an ultra-luxurious experience....

Barbados Real Estate News – Just Reduced! Properties For Sale in Barbados

1. Brand New 4-Bedroom Villas near Barbados Golf Club – Durants Fairway Villas, Christ Church for Sale - NOW USD$795,000 Located on the south coast of Barbados in a quiet cul-de-sac, just steps from The Barbados Golf Club lies an opportunity to own a brand new modern property. These single level bungalow properties are designed with effortless Caribbean living in mind. Spanning 3,040 sq...

Barbados News – Government to Allow Landowners to Use Property as Home Equity in New Housing Initiative

Owning a home in Barbados may soon become easier for landowners struggling with construction costs, thanks to an upcoming government-backed initiative. Minister of Housing and Lands, Dwight Sutherland, has revealed that the programme, set to launch between 2025 and 2026, will allow landowners to use their property as equity to help finance home construction. The initiative is designed to assist...

Barbados News – Barbados Drives Digital Transformation for a More Efficient Government

Barbados is taking a bold step toward modernizing governance with the appointment of Senator Jonathan Reid as the new Minister of Industry, Innovation, Science, and Technology (MIST). During a brief swearing-in ceremony at State House, Reid was officially sworn in by President Dame Sandra Mason, marking a renewed commitment to efficiency and digital transformation. Prime Minister Mia Amor Mottley...

Barbados News – IMF Staff Wraps Up Visit to Barbados, Confirms Fiscal Strength

Barbados is riding a wave of economic success, with growth surging to an estimated 4% in 2024. Thanks to strong performances in business services, tourism, and construction, the island’s financial outlook remains positive. The country’s home-grown Barbados Economic Recovery and Transformation (BERT 2022) program continues to yield impressive results, supported by the International Monetary Fund’s...