A Profile of Barbados
People
- Barbados has a resident population of 257,000
- A labor force of 126,000 - skilled, well educated and motivated, with productivity levels equal to or higher than those in North America or Europe.
- The island's British based educational system has produced a 99% literacy rate - one of the highest in the world.
Government
- Judicial, political and administrative institutions are closely modeled on the British system.
- All political parties are "middle of the road", supportive of the free enterprise system, and committed to the rule of law.
- Barbados has had representative government since 1939 and became an independent country in 1966.
- Click here for list of Government Ministers
Business Environment
- Investment laws are clear and modern
- There are no restrictions on foreign ownership of business enterprises.
- There is prompt governmental response
- Government actively encourages foreign investment in the industrial sector.
Infrastructure
- The island can boast of its excellent infrastructure with electric power, roads, telephone, facsimile, airport and seaport equivalent to those in industrialized countries.
Support Services
- Barbados provides the investor with an extensive range of Banking and other financial services.
- There is a pool of world class legal and accounting professionals - most of the international accounting firms are represented on the island



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