Barbados’ much-touted Welcome Stamp initiative has been ranked number seven in the list of Best Countries to Work From in the Caribbean and South America.
In its latest Remote Work Rankings, Kayak.com placed Barbados third in the Caribbean behind Dominica at number two and Curacao at three.
The report said that on the worldwide scale when 111 countries were compared, Barbados’ remote work initiative ranks 51st, while in the South America and Caribbean region specifically, Barbados was at number 7, with a score of 55 out of 100.
It revealed that the Best Countries to Work From list was made based on 22 different factors.
Kayak compared the countries according to their remote working conditions and opportunities to explore outside the usual 9 a.m. to 5 p.m. routine. It then ranked these destinations based on six categories, such as how lively the social scene is and the cost of living.
For travel, Barbados received 55, local prices 55, health and safety 40, remote work 66, social life 2, and weather 67.
None of the Caribbean islands on the list received more than 3 out of 100 for social life. In terms of rating culture, Kayak rated this based on the number of theatres, galleries, and museums per 100,000 inhabitants.
Barbados had the most expensive fuel cost of the 18 South American and Caribbean countries on the list, at 42 US cents per gallon.
With a local food budget per month of US$440, Barbados was the fourth most expensive destination in the region, while for a three-course mid-range dining experience for two, again Barbados was fourth most expensive, this time tying with Antigua and Barbuda at US$90.
For political stability and absence of violence, Barbados ranked high with a score of 91.04, but for LGBT equality and legal rights, with 1 being worst and 100 being best, Barbados scored 34.
Barbados had the best internet speeds for downloads and for uploads in the entire South American and Caribbean region.
Early last month, local authorities reported they had approved two-thirds of the applications received under Barbados’ 12-month Welcome Stamp Programme.
Most of those applications came from the United States, the United Kingdom, Canada, Nigeria, and India.
As of December 31, 2021, the long-stay visitor initiative received 3,257 applications, 2,163 of which were approved.
The data also showed that of the applications received, 65 per cent were from individuals and 35 per cent from families.
Those applying under the programme have occupations in fields such as technology and communication; marketing; finance; manufacturing; education and training; law; distribution and logistics and public administration.
The Welcome Stamp Programme was introduced in July 2020 by Prime Minister Mia Mottley, allowing people from other countries the opportunity to live and work in Barbados. (EJ)