The economies of the Caribbean region are returning to pre-pandemic growth levels, and CIBC Caribbean attributes this recovery as a key factor in its robust performance for the first half of its financial year. The Barbados-headquartered regional financial institution recently released its unaudited consolidated statement of comprehensive income for the six months ending April 30. The financial report...
1. 1 Acre Holetown Development Land- NOW USD$750,000 The location is unbeatable, as it is situated in close proximity to Limegrove and Sunset Crest, two of the most vibrant and highly trafficked areas on the island. With easy access to all major roads and highways, the property is the perfect choice for anyone looking to invest in a prime location. 2. Angel Heights and Hummingbird Cottage, St...
Barbados, with its crystal-clear waters, white sandy beaches, and vibrant culture, has become a haven for those seeking luxury and tranquility. Beyond being a popular vacation destination, the island is also home to celebrities who have invested in stunning properties. Let's explore the famous faces who have chosen Barbados and the Caribbean as their retreat! Rihanna One Sandy Lane, Paynes...
The allure of Caribbean real estate extends far beyond its stunning vistas and vibrant cultures; it presents a lucrative opportunity for investors. Investing in Caribbean properties, especially in nations offering citizenship by investment (CBI) programs, can yield substantial rewards. Navigating the Investment Journey Here’s a detailed roadmap for investing in Caribbean real...
If you're seeking financing for your property investment in Barbados, you have various options to explore. Here's detailed information on securing either a US dollar offshore mortgage or a local dollar mortgage for your property purchase. Should you have any queries, our agents can offer additional details or guide you to a qualified financing specialist. Contact our Team Types of Buildings:...
Barbados has secured a substantial low-cost loan from the British government, amounting to £300 million (approximately BDS$773 million), to advance its climate resilience initiatives and economic sustainability goals. This significant financial boost was announced by Ryan Straughn, the Minister in the Ministry of Finance and Economic Affairs. The funding, provided by the United Kingdom Export Finance...
Sports play a crucial role in Barbados' tourism industry, according to Kamal Springer, Sports Manager at the Barbados Tourism Marketing Inc (BTMI). Speaking to pupils at Eagle Hall Primary School during their Male Week initiative, Springer emphasized the significant economic impact of sports tourism on the island. Under the theme "Today’s Boys, Tomorrow’s Tourism Stars," Springer encouraged...
A transformative $2 billion project named Esencia is set to redefine the Caribbean hospitality landscape, positioning Puerto Rico as a premier luxury destination. This ambitious venture, led by British billionaire brothers David and Simon Reuben, in collaboration with Roberto Ruiz and Will Bennett of Three Rules Capital, aims to inject vitality into the region's economy and tourism sector. Situated in...
Access Bank, a leading Nigerian multinational commercial bank, is poised to establish a presence in the Caribbean, aiming to improve local access to financial services while expanding digital offerings. Aigboje Imoukhuede, Chairman of Access Holdings headquartered in Lagos, revealed these intentions at the recent African Export-Import Bank (Afreximbank) Annual Meetings held in The Bahamas. He highlighted...
Whether stepping foot on Canouan for the first time or catching a glimpse of its lush Mount Royal peak and upscale coastal surroundings, the island exudes an unmistakable aura of luxury. Compared to its counterparts in St. Vincent and the Grenadines, such as Mustique and Bequia—often regarded as playgrounds for millionaires—Canouan stands out as a true haven for billionaires. View Luxury Homes...