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The Barbados Welcome Stamp - A Bold Initiative

as holders deemed non-residents would not be eligible for treaty benefits.

The Future Ahead

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With over 2,800 applicants, predominately from the USA, UK and Canada, submitted in the first few months of the initiative, hoteliers, guest house owners and restaurants have seen a slow to moderate increase in business. There has also been some relief in the number of persons filing for unemployment from the hospitality sector as businesses in this sector resumed operations. One charitable organization has also commented on the increase in donations received from holders of the Welcome Stamp.

It is expected that there will be a further increase in Welcome Stamp holders as the second wave of COVID-19 cases plagues Europe and the Americas. The months ahead promise to pose many challenges for a number of locations, as developed countries race for a cure and/or vaccine against COVID-19.

Until then, Barbados remains a safe place for nationals and non-nationals to work and be productive, whether working by the beach or in the office.