Barbados has become well known in international business circles with a well-regulated and sophisticated environment. For many years, Barbados has enjoyed the reputation as an effective international business centre in which to conduct business, and offers the following in one location:
Long history of political and economic stability (favourable credit rating by Standard & Poors)
Regulatory environment meets international best practice
Forward thinking legislation and effective regulation to encourage legitimate international business
High quality physical infrastructure and support services, including excellent telecommunications and major international banks
High statutory level of confidentiality
Cost competitive and business friendly environment as a result of the high standard of local education, a productive workforce and a close working relationship between the social partners
Impressive network of tax treaties and investment agreements with progressive countries in North America, Europe, Asia and Latin America
Preferred location for international companies seeking to outsource some of their key services in a tax efficient environment
Business capital of the Caribbean, with direct air travel links to North America and Europe.
Bilateral Investment treaties have been signed with:
Canada
Cuba
Germany
Italy
Switzerland
United Kingdom
Venezuela
Provisions of Bilateral Investment Protection treaties
Investment promotion and protection
Provision of compensation for losses
The granting of most-favoured nation and national treatment provisions
Protection from unfair expropriation and nationalization of investment
Procedures for the fair and equitable settlement of disputes arising
Procedures for the timely repatriation of investment and returns