How did Barbados, a beautiful island country, become a tax haven for the rich?

Barbados is located at the easternmost tip of the Lesser Antilles in the eastern Caribbean, with a land area of only 430 square kilometers and a population of about 280,000. It may not be widely known that this small Caribbean country is the first developed country in Latin America and the first developed country with a black population of 90% in the world. Besides, it also has beautiful scenery in Barbados, and nearly half of the country has very pleasant beaches, which is called? A pearl in the Caribbean? .

Barbados achieved sovereign independence in 1996 and got rid of British colonial rule. Because of Barbados' beautiful scenery and unique natural tourism resources, the pillar industry of this country is tourism. Of course, the development of tourism has injected great impetus into its economic growth. Judging from the foreign exchange income of tourism, Barbados is also one of the developed countries. This small country has attracted the attention of many rich people in Europe and America with its beautiful natural scenery and rich tourism resources. There are many overseas rich people in Barbados, which is a paradise for them to enjoy themselves, so it is also called the sanatorium of the world.

Because Barbados is a small island with independent sovereignty, few countries have sovereignty considerations. Relying on the protection of overseas military forces of big countries, the government has no great tax demand. In order to attract tourism and investment, many services and policies are low-tax or tax-free. For the rich, it often involves millions of taxes and strict financial supervision. Enclave? It has naturally become a tax haven for the rich. Barbados is also included in the EU? Tax haven? One of the blacklists.