So far, 1,622 of these applications to temporarily become a Barbados resident have been approved, including Travel Counsellor Yvonne Campbell, who has relocated her homeworking business from Northern Ireland for a year.
The scheme launched in June 2020 has created a special visa allowing residence for 12 months tax-free. It has been particularly popular with UK residents, with 362 Britons successfully applying to spend a year living and working in Barbados.
Cheryl Carter, director of Barbados Tourism Marketing Inc, said: “At a time of tough travel restrictions, the instant demand we’ve seen has been extremely encouraging. The Welcome Stamp is all about recognising changing working habits – if you can work from home, why not work in Barbados?
“The Welcome Stamp offers people in the UK the opportunity to enjoy a different way of life for a year and the chance to explore what our island has to offer.”
The scheme is open to applicants from across the world for a payment of £1,590 per person or £2,385 per family, and can be reapplied for after the first year. Applicants must earn at least £39,760 per year to qualify.