Released on: October 25, 2008, 8:09 am

Press Release Author: International Hot Property

Industry: Real Estate

Press Release Summary: Why Barbados is still the jewel in the Caribbean for
international property investment

Press Release Body:

Barbados is the jewel of the Caribbean and it's still the safest and most secure
place in the Caribbean for property investors according to Simon Jones market
analyst at http://www.internationalhotproperty.co.uk "The Barbados economy is still
very strong indeed in 2007 the annual growth rate was 4.3% with inflation at 4.2%.
Barbados has a market-based economy with both the private and public sectors
actively involved in determining the goods and services made available to consumers.
The Barbadian economy has historically been dependent on sugar cane but in more
recent years, the emphasis has been redirected into tourism and industry. Today, the
economy is driven primarily by tourism, business, financial and general services,
agriculture and manufacturing. The Government of Barbados has focused on the
expansion of direct foreign investment - with the international business sector
generating substantial foreign exchange earnings through financial, information and
manufacturing services" explained Simon.

"The real interesting thing about the Barbados property sector is that the island
still doesn't have enough 5 star quality developments to match the demand for the
North American market and therefore the Barbadian Government has a very interesting
investment incentive program. Barbados property offers excellent opportunities for
property investment due to the Urban Renewal and Development - One Key aspect of
successful property investment is to buy in the early stage of a regeneration
initiative. This usually leads to increased prices, demand and re-sales. Despite
Barbados being one of the premier locations in the Caribbean, it is only just
receiving significant regeneration investment and as an investor you stand to
benefit. Barbados Tourism Investment Inc. (BTI) has been designated by the
government as the agency to manage the infrastructural renewal program in the
tourism centers of Bridgetown, Speightstown, Oistins and St Lawrence Gap. This
renewal program is an integral part of the country's drive to encourage increased
investment in the tourist sector. Taken with all the other key economic and tourist
factors Barbados is the ideal location for property investment. With all of this
Barbados is still very much an excellent place for property investors" confirmed
Simon.

Property investors wishing to find out more about Barbados property investment
should contact International Hot Property.




Web Site: http://www.internationalhotproperty.co.uk/overseas_property/Barbados

Contact Details: INTERNATIONAL HOT PROPERTY
http://www.internationalhotproperty.co.uk/overseas_property/Barbados