Saturday, April 20, 2024

Welcome Stamp expectations don’t match up

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Some property owners say they are finding it difficult to rent to Welcome Stampers based on certain requirements.

Recently, chief executive officer of Remote Work Barbados Inc., Peter Thompson, said while there were 1 900 successful Welcome Stamp visa applicants, to date only about a third of that number had arrived in Barbados.

He noted that the island’s inventory of about 2 600 rental properties was inadequate to meet the demand.

Realtor Dexter Yarde, of Own Piece of the Rock Realty, told the Sunday Sun that based on what he was seeing, sometimes Welcome Stampers’ budgets did not meet the requirements. (RA)

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