Sunday, April 14, 2024

$4m in fees from Welcome Stamp

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Barbados has made millions of dollars from its Welcome Stamp Programme, including about $4 million in fees, but Government has had to “weed out” some questionable applicants.

Minister of Home Affairs, Information and Public Affairs Wilfred Abrahams gave that update on Tuesday, as the House of Assembly approved the renewal of the “amazing success story” for another year.

Abrahams led off debate on the Remote Employment (Amendment) Bill, 2021 and said Government’s effort to provide a one-year “safe haven” for overseas remote workers exceeded expectations.

Programme participants were required to pay fees of $4 000 per individual and $6 000 for a family. The Christ Church West MP said Government collected more than $4 million in revenue from these fees. (SC)

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