Cabot Saint Lucia has been generating significant interest from buyers across North America and beyond, offering luxury golf and vacation experiences in a 375-acre peninsula in Saint Lucia. However, if you're considering investing in a prestigious golf course lot, you may want to take a closer look at Barbados. Royal Westmoreland Barbados Two of the most sought-after golf courses in Barbados, Royal...
Minister of Tourism, Ian Gooding-Edghill, announced in Parliament yesterday that two hotels in Christ Church, the Blue Horizon Hotel and Savannah Beach Club Hotel & Spa, are now up for sale. Negotiations are currently underway for the sale of the Savannah Beach Club Hotel & Spa, with the Minister aiming to conclude the deal by the first half of the financial year. The sale of the Blue Horizon...
Barbados is a beautiful island nation in the Caribbean that is known for its clear waters, stunning beaches, and vibrant culture. Many people dream of owning a property in this idyllic location, but is it a good investment? In this article, we will explore what it is like to invest in property in Barbados and offer some tips for first-time buyers. Why Invest in Barbados? Barbados is a popular...
Bethesda-based Marriott International Inc. (NASDAQ: MAR) announced Friday it has an agreement to buy Elegant Hotels Group, which owns and operates seven hotels and a beachfront restaurant on the island of Barbados. Per a release, Marriott’s all-cash offer values Elegant at roughly $199 million, including its $68.9 million in total net debt. Elegant’s seven hotels total 588 rooms,...
International Business Investing in Barbados Non-national investors will need to submit an application for permission to invest in Barbados to the Exchange Control Authority (ECA). The functions of the ECA have been delegated to the Central Bank of Barbados and are carried out by the Foreign Exchange and Export Credits Department of the Bank. The applications are usually submitted by the...