Barbados collects millions from Welcome Stamp Program

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BROOKLYN, NY – Barbados has earned more than eight million dollars (One Barbados dollar=US 0.50 cents) from the island’s 12-Month Welcome Stamp Programme as the authorities announced that they had approved 1 987 from 2,953 applications as of August 31 this year.

According to a government statement, the top five leading countries seeking entry under the program are the United States, the United Kingdom, Canada, Nigeria, and Ireland.

According to the statistics compiled by the Barbados Tourism Marketing Inc. with data received from the Barbados Immigration Department, 65 percent of the applications received were from individuals and 35 percent from families, with a further breakdown indicating that 61 percent of the applicants are male.

Prime Minister Mia Mottley, had in July 2020, announced the Welcome Stamp Programme as part of the efforts to diversify the island’s tourism product and attract a new type of visitor. The program also seeks to fill the gap left by decreased tourist arrivals and to generate foreign exchange.

In July, the Remote Employment Amendment Bill, 2021, was passed, which allowed the extension of the existing legislation governing the Welcome Stamp.

The statement said that the Remote Employment Act 2020-2023 would allow the Welcome Stamp to be renewed, the fees to be paid, and the renewal of the stamp itself for those persons who have been here for the past year.

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