Barbados is the Normal, Standard tax neutral jurisdiction, just like Ireland, BVI or Cayman. English common law is persuasive as is US common law. Three hours from Miami Barbados is an ideal platform for international business.
Barbados is the combination of international business and lifestyle choice. The platform is ideal for Non US persons investing in US or US owner managers doing international business.
THE BARBADOS JURISDICTION
THE USA BARBADOS DTA.
Trusts and businesses that are located in Barbados and that have real commercial purpose can benefit from the protections and benefits of the Barbados USA DTA.
International arrangements between Barbados, USA, Canada are legally compliant and the benefits are based in law.
Barbados has double tax treaties with 34 other countries. Companies and trusts that are
resident in Barbados can take advantage of the entire Barbados tax treaty network
Owner managers who establish businesses in Barbados can obtain three or five year
renewable work permits.
Doing international business from Jurisdictions that you do not visit or do not have a local
footprint is very expensive.
Barbados is 3 hours to US and there are direct flights from Miami and other US cities.
TAX DEDUCTIBLE EXPENSES
Tax Provisions U.S. taxpayers can deduct legitimate business expenses incurred in attending a business meeting or convention in a qualifying CBERA beneficiary country, Barbados, without regard to the more stringent requirements usually applied to foreign
convention expenses. As of June 2016 (latest Internal Revenue Service review), Barbados as a CBERA beneficiary satisfied all of the requirements for benefiting from this provision.
CBERA was renewed by US Congress, Senate and President in 2020.
Owner managers of closely held businesses, doing business in multiple jurisdictions understand the problems with international banking are only getting worse. While the amount of international opportunity increases due to economic change and uncertainty.
One of the benefits of purchasing real estate in Barbados is the link to international banking. The three main Canadian banks in Barbados all have correspondent banking relationships with US banks.
BARBADOS REAL ESTATE
BARBADOS REAL ESTATE - INTERNATIONAL PLATFORM.
Economic uncertainty is with for sometime to come. Major changes such as remote working are and will become more entrenched. Barbados is a small country and demand for real estate by international persons is set to increase. In the future, in order to take advantage of tax neutral platforms you have to be there.
Some of our clients are buying property that can serve both lifestyle and remote working.
BARBADOS FOR BUSINESS
INTERNATIONAL BUSINESS PLATFORM.
Come to Barbados on a business trip and see the potential for yourself. Barbados offers many business benefits for those with commercial international business.
We will arrange a number of meetings for you to see and understand for yourself