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The Island of Barbados

Welcome to the sophisticated business environment in Barbados. The financial infrastructure and legislation of this independent Caribbean island are designed to provide you with Safety and Security of your assets. Barbados... The Choice of Discreet Investors


Barbados, only 166 square miles in size is the most easterly of the Caribbean islands with a population of approximately 260,000. It is a former British colony and a member of the Commonwealth, which became independent in 1966.

The island's politically stable government has established an environment conducive to attracting foreign investors and businesses. Following a global search to find a jurisdiction that would benefit our conservative client base, Altamira identified Barbados, as fulfilling the stringent requirements of its investors.

Among the list of criteria which Barbados meets are:
  • Recognition as a major financial centre.
  • Corporate law and legal process are based on common law and the legal system of Great Britain and enhanced by local statutes which have been drawn on modern laws from within the Commonwealth.
No taxes on assets or capital gains.
No withholding taxes on dividends, interest, management fees and royalties paid.
Low taxes on profit.
No probate fees.
No estate or succession duties.
Exemption from exchange controls.
Specific tax holidays and incentives.
Well established confidentiality laws.
Professional advisors and support services readily available.
Excellent infrastructure and telecommunications network.
Easily accessible.
Government stability.
Official language is English.
Currency fixed against the U.S. dollar.

Based on the above criteria, we found Barbados an excellent location to establish the Altamira International Bank (Barbados) Inc. We are confident that we will be able to offer our investors products and services of a superior quality in an environment that is both safe and secure.

Weather Forecast In Barbados
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