Business

Buisness Section Fotolia 48664923 XSBar­ba­dos is an ideal loca­tion for con­fer­ences and events. Weather you orga­nize your busi­ness event your­self or you enlist a des­ti­na­tions man­age­ment com­pany to work out the details for you. Excel­lent com­mu­ni­ca­tions ser­vices and world-​class busi­ness facil­i­ties ensure that what­ever your desire, con­duct­ing your busi­ness will always be a breeze.


Basics on Con­duct­ing Busi­ness in Barbados:
Bank­ing

Mutual Building in Town 1600x1200 5333909723 fe5f8c09c8

Banks open from 8:00am to 3:00pm Mon­day – Thurs­day, 8:00am to 5:00pm on Fri­day and are closed on all National Hol­i­days. Con­versely you can eas­ily use your credit card at most busi­nesses island wide or with­draw up to $500 USD per day at hun­dreds of ATM Machines. ATM machines can be found island wide out­side banks or at most 24hr gas stations.


Bar­ba­dos is home to more than 40 rep­utable off­shore banks and finan­cial insti­tu­tions whose ser­vice and offer­ing are eas­ily of an inter­na­tional standard.

Exchange Rates : The US dol­lar typ­i­cally has an exchange rate of $1.00 US — $1.98 US dol­lars (roughly two to 1)
Major credit cards and US dol­lars are accepted island wide. Traveler’s checks in U.S., U.K. and Cana­dian funds can also be used at many outlets.

Pop­u­lar finan­cial insti­tu­tions in Bar­ba­dos are as fol­lows:
(Bar­ba­dos National Bank) now One Repub­lic Bank…..…T: 2464315700
Bar­ba­dos Work­ers Union Credit Union .….….….….….…..T: 2464365961
CIBC First Caribbean Inter­na­tional Bank.….….….….……T: 2463672300
CIBC Off­shore Bank­ing Ser­vices.….….…....……....….….…T: 2463672400
City Of Bridgetown Co-​Op Credit Union .….….…..….….T: 2464305900
First Cit­i­zens Bank (for­merly But­ter­field Bank).…..…..T: 2464314500
Royal Bank Of Canada.….….….….….….….….….….….….……T: 2464674000
Sco­tia Bank.….….….….….….….….….….….....….….….….….T: 2464313140


Import­ing
The Bar­ba­dos cus­toms depart­ment must clear all cargo imported into Bar­ba­dos, how­ever the spec­i­fi­ca­tions and reg­u­la­tions on import­ing items changes from prod­uct to prod­uct. For the import of spe­cialty items, con­tain­ers etc., it is best to acquire a cus­toms bro­ker to assist in prepar­ing the doc­u­ments to clear your prop­erty. Items such as boxes and bar­rels can be man­aged with­out a broker.


Bar­ba­dos Mar­ket­ing Services
Are you inter­ested in local pho­tog­ra­phy, graphic design & mar­ket­ing. Expos­ing your busi­ness on radio? through email blasts? via an inter­net page or through pub­lish­ing for the Caribbean? Then con­tact us for more infor­ma­tion. We cre­ate pack­ages and offer ser­vices that offer unprece­nented value for money on island.


Real Estate

Crane 01 copy


In Bar­ba­dos real estate oppor­tu­ni­ties for renters, buy­ers and investors await. Bar­ba­dos’ archi­tec­tural topog­ra­phy is dot­ted with lovely coral stone plan­ta­tion houses, chat­tel homes, beach front vil­las, lux­ury con­dos and pala­tial man­sions set on sprawl­ing grounds, with stun­ning views. Addi­tion­ally sev­eral invest­ment oppor­tu­ni­ties await dream­ers and those with vision or the finan­cial means.


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