I must have missed the changes to the law last year when the government decided to start openly selling Bajan residency, but we’ve been seeing a lot more rough men with Eastern European / Russian accents lately, haven’t we? Maybe this is something to do with it?
Wealthy Barbados Investors ‘Seek Special Permit Property’
Royal Westmoreland estate introduces special entry permit service to carry out paperwork for NHWIs buying property worth more than US$2million to qualify for the scheme.
There has been such a demand for special entry Barbados property-for-residency permits for wealthy investors that a top development has launched a special service to handle the paperwork for clients.
High-net-worth-individuals are seeking special entry permits that were introduced last year that allow buyers of properties worth US$2million or more to obtain residency status that includes their spouse and children.
The Royal Westmoreland estate, which has just announced another 200 luxury villas and a nine-hole golf course on the adjacent 210 acres of land, plus some larger plots, has seen rising demand for luxury homes from High-Net-Worth Individuals (NHWIs).
Additional planned private jet flights from Heathrow to Barbados by Royal Jet, owned by the Government of Abu Dhabi, is adding to the island’s appeal to wealthy investors, says Westmoreland.
A company spokesperson says, “There has been take up of the special entry permit and Royal Westmoreland has been introduced to a new business consultant service to carry out all the paperwork for the clients if they do not have the time themselves.”
… read the rest at OPP-Connect’s Wealthy Barbados Investors ‘Seek Special Permit Property’