Barbados Economy Stable, It’s Good News for Investors

Woking, United Kingdom, February 01, 2007 --(PR.com)-- The annual Index of Economic Freedom which is published by The Heritage Foundation and The Wall Street, which creates a global portrait of economic freedom and establishes a benchmark upon which to gauge a countries economic success, has identified that Barbados has maintained its ranking amongst the top 30 countries as the 28th freest economy in the World.

The index released only a few days ago, demonstrates that Barbados has a flexible and open approach to foreign and domestic business and a transparent and level playing field when it comes to foreign investments.

Barbados is seen as a country that continually strives to improve its investment climate and approves 100% foreign ownership of an enterprise. This undoubtedly makes it an attractive proposition when considering a foreign investment.

Principal International, leading overseas property experts say that with more and more money being spent on building property investment portfolios overseas, and the UK property market becoming out of reach for some, UK investors are turning to the sunnier climes of the Caribbean to spend their hard earned cash.

Although there is a limited amount of development opportunity left in Barbados, investors are still keen to find out what’s available says Paul Cooper, Director of Principal International. As demand will eventually outstrip supply, prices are expected to give more than a healthy return for those that are lucky enough to seize the opportunities to buy in the early days. Principal International have recently sold all of the units that they had available at the luxury Merricks Resort, although Simon Ryeland, Director, confirms there may be a limited number of units becoming available in the coming weeks, investors are advised to watch this space.

For further information and details of what’s to come register your details at
http://www.principalinternational.co.uk/register.php.

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