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Govt reduces hassle for returning Bajans

Government has removed the remaining causes of hassle and frustration for those who wish to relocate to Barbados.

That is the word from Prime Minister Freundel Stuart who disclosed that from April 1, 2014, Barbadian networkers who lived abroad, satisfied the necessary criteria and were resettling here, could purchase duty free vehicles in Barbados.

He made the comments yesterday while delivering the feature address at the Third Barbados Network Consultation at the Lloyd Erskine Sandiford
Centre, under the theme One Nation, One Family: Building Pathways To Prosperity And Development.

Stuart said Government had expended a lot of effort since 2008 to improve the environment for doing business in Barbados, to provide stimuli to key sectors of the economy, and to restructure the economy overall.

He highlighted the Hotel Refurbishment, Energy Efficiency and Food Production Fund for the tourism sector as one such initiative.

Freundel Stuart.

Prime Minister Freundel Stuart

“This would include also the concessions given to Sandals that have already resulted in massive investments by that company in St Lawrence Gap, and plans to purchase and upgrade the Almond Beach Club in St Peter. These concessions have since been extended to the entire tourism sector.

“In addition to this, we have sought to revive agriculture by establishing a $20 million fund for use in the sector and have facilitated access to this fund for agro-businesses. A new factory to produce alternative energy from sugar cane is in the pipeline. We have also set a target to generate over 20 per cent of the island’s electricity from alternative energy sources, and generally helped to develop a Green Economy with a $100 million injection of financial assistance,” he told the audience.

The Prime Minister underscored the importance of innovation and enterprise, saying that in the global village in which there were large powerful players, small economies could only survive and prosper by spotting opportunities in the niches of the global economy and capitalising on them.

He acknowledged that Barbados could not compete with Brazil or South Africa in providing tourism products based on just sun and sea.

“But, what we can certainly do is to diversify our tourism product with heritage, and cultural and sporting components that are unique to Barbados. We can also diversify the entire economy by producing goods and services that would obviate the need to import fossil fuels, costly mass-produced food that contributes to chronic non-communicable diseases and a host of other cravings,” he said.

Stuart added that Government spared no effort in obtaining the UNESCO designation for Historic Bridgetown And Its Garrison as a World Heritage site and passed the Cultural Industries Development Act in 2013.

“It is for these reasons that we have sought to empower communities to foster community tourism. That is why we have been trying to revive agriculture through mechanisation and vertical integration with finished products such as the delicious Bajan dishes to be found in local high end restaurants, and hopefully also to be exported. And it is also the reason why we have been focusing on the production of renewable energy – not only for heating water, but also for lighting up schools, businesses and public sector buildings, and driving our machines,” he explained.

The Barbados Network Consultation ends tomorrow.

On that day, there will be an interactive session with Cabinet and the participants, as well as discussions on Hospice And Palliative Care; Returning Home: Building Pathways To Resettlement; and Building Connectivity Across Generations: Creating Pathways To Barbadian Status.


Source: (BGIS)

9 Responses to Govt reduces hassle for returning Bajans

  1. Nicksie No Regrets Clarke
    Nicksie No Regrets Clarke August 7, 2014 at 10:01 am

    How about the government ease the hassel for the people that been living here and struggling every since now. How about that.

  2. Veronica Straker
    Veronica Straker August 7, 2014 at 10:22 am

    But they are no longer coming or want to because everything is too expensive and crimes are up. Cut those issues first and then try to woo them.

  3. Ria Ifill
    Ria Ifill August 7, 2014 at 2:24 pm

    I agree Nicksie No Regrets Clarke . The returning nationals have not contributed to the taxes and as soon they return they get an ‘ease’. While the ones who have been contributing monthly get what?

  4. Sandra Wickham
    Sandra Wickham August 7, 2014 at 2:41 pm

    May be they did not contribute on taxes but the amount of dollars sent back over the period of years they have been away ……..

  5. Mon Nil Cla
    Mon Nil Cla August 7, 2014 at 4:09 pm

    @Ria Ifill and Nicksie No Regrets Clarke. The returning nationals do contribute through land tax as most of them returning here do already own or are purchasing properties. Not to mention that they will be bringing foreign currency into the economy. It is either give them the tax break by allowing the duty free and letting the money be spent in this economy or let them buy the car overseas and pack it in a container and ship it here and still pay no duty. Which you prefer?

  6. Charly Bamboo
    Charly Bamboo August 7, 2014 at 5:34 pm

    Abandon tax altogether.

  7. Nicksie No Regrets Clarke
    Nicksie No Regrets Clarke August 7, 2014 at 6:48 pm

    @Mon Nil Cla i cud care less that’s the truth… When done we all suffering still

  8. Asiba -The Buffalo Soldier August 7, 2014 at 8:44 pm

    More concessions > Cheese on !!


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