Barbados has an economy driven by tourism, business, financial services, agriculture, and manufacturing. Low tax rates, double taxation agreements and exchange of information treaties have provided Barbados with an ideal environment for its development into a major international business and financial services centre. In addition, Government has a liberal policy towards foreign exchange controls and is committed to moving towards the elimination of these controls.

The island is highly rated for the quality of its educational, social and healthcare services and continues to enjoy stable political and labour relations. The availability of daily scheduled air transport to major international cities in North America, England and Europe and ready access to telecommunications, power, water and other utilities make Barbados a place at works.

Looking towards the future, the National Initiative for Service Excellence, NISE, was launched in 2004 jointly by the trade unions, the private sector and Government to position Barbados to consistently deliver excellence in service in all aspects of business and social interaction. In this way, an enabling environment will be created within which Barbados will be able to attain its vision of being a developed country by 2025.

For more information visit www.nisebarbados.org