The Barbados Domicile
Barbados has had a long history of political and
economic stability. Together with an excellent education system and
sound infrastructure, it offers an attractive environment for
global financial services and wealth management, ICT, medical
schools, fintech, research and development, renewable energy and
medicinal cannabis, in addition to captive insurance
companies.
For decades, Barbados has been known as a domicile for captive
insurance business, ranking among the top ten domiciles worldwide,
according to Business Insurance. A sound business environment,
favourable business solutions, facilitated through an expanding
double taxation treaty network and the domicile's ability to
respond to the needs of clients, are essential elements of the
Barbados Business Brand. The introduction of new legislation and
upgrades to current legislation are undertaken to improve
Barbados' product mix and ensure that investors' needs are
met.
