For the Good of Our Country Barbados…

Submitted by Freedom Crier
Merit Based Immigration & Citizenship by Investment

Institute merit based immigration whether you are poor or rich. A man might be poor but, may have a Skill (Carpentry). But also have Citizenship by Investment say over EG: $3 Million US$. (I have seen Ads from America that investments of US$500,000. will get you a green card that could lead to citizenship). Other Caribbean countries have gone this route Grenada, St Kitts & Nevis, Dominica, Antigua & Barbuda, and St Lucia offer Citizenship by Investment but they have competed at the low end and the investment for citizenship is low, we can take another tack by going higher.

This will spur investments in Barbados by high worth individuals and once they are here they will like what they see (what is there not to love, we see this by returning individuals all the time except they do not bring the big bucks.)

Barbados’ Structural Adjustments might be workable but too painful and I would like to make a Suggestion that Barbadian Citizenship should be granted by Investment of a Deposit not less than 3 million US Dollars (choose a number) in the Local Banking System to be used for Investment, Spending, Starting Businesses and setting up Holding Companies.  Just Attracting 100 of these High-Worth Individuals who may desire to have an additional Citizenship of another Country (Barbados) will net the foreign exchange position by 300 Million US Dollars. And that is only for a hundred people. If we can encourage these Wealthy Individuals to seek greater Participation in the Local Economy through the formation of partnerships with local Entrepreneurs bringing with them their skills in Finance, Big Management Know How that will raise the local Companies reach globally. Imagine if you opened up the Citizenship to a 1000 of these Rich Individuals that would give you an in-flow of 3 Billion US Dollars that could more than pay off the Barbados Debt with no IMF in Sight.

Because of Overstock.com investment in Bitt, Bitt’s technology has the Potential of very soon reaching the financial sector regionally & globally. Barbados has a lot of Information Technology Talent, these people just need funding, reach and guidance which is what these high worth individuals can Contribute.

The Rabble Rouser who will say you can’t sell Citizenship want to only give it away for Free as is presently done. For example the Problem with giving so many Guyanese people Citizenship is that money is sent back to Guyana and it can only go as foreign exchange. Just the same way that Bajan Yankees send money to Barbados, Guyanese sends money to Guyana. Which would you prefer, Save Barbados with the In-flow of 3 Billion US Dollars or ship foreign exchange out of the Country? Where there is a Will there is a Way.

We are not talking about investors like the Sandals Group who extracted Duty Free and Tax Concessions from Government and then turned around and import everything down to a Napkin Duty Free. We need them to invest more and bring their expertise and BIG finance, partnering will local entrepreneurs for further growth in the island and globally. Do not mind the people who say you can’t sell citizenship but want you to give it away for free, how foolish, imprudent, irresponsible, unwise, and reckless. It is better to choose who comes here and what they are bringing with them; Character, Money, Talents, Knowhow & avenues of Finance.

The PM should call to meet with some rich influential people in Barbados as they all love Barbados and might be amenable to helping, using a one on one to request their assistance in each one finding 10 persons and invite those 10 people to invest in Barbados gain their citizenship and since most of their wealth and business is outside of Barbados create a new offshore category for these types of individuals with regard to income taxes and other incentives.

See list of persons in the video of the riches people in Barbados.

Joseph Saddler, Rihanna, Kyffin Simpson, Murial Dean, Sir Charles Williams, Michael Barry Tabor, Derrick Smith, Dermont Desmond, JP McManus, Eugene Melnyk. These rich people can be asked for advice the same way you meet with the Social Partners, their ideas would be worth a great deal as in their realm of business dealings is unlike what we may have in the Social Partners.

We may have to consider offering some type of incentive other than citizenship alone such as off shore companies operating in Barbados that only generate US$ and employing Barbadians pay their employees in US$ and they the employees pay a lower rate of income tax (Offshore Companies rate) or no tax on their income (as in the large international accounting firms) also they may deposit their remuneration into their own US$ account. You will still get taxes from them; Vat and all purchases locally that have elements of tax in them EG: electricity. Find out what has driven Kiffen Simpson companies out of Barbados to other localities and fix that and use that as a type of model and add to it to revamp Barbados tax structure of how we do business. Stop the loss of the offshore sector using benefits, Let them pay their top executives in US dollars, they hire high paying employees a boon for all our UWI grads  and rent houses from locals and maybe use the Citizenship by investment to drive the conversation to bring an influx of new business and new investments.

We already give anybody temporary “citizenship” when we let them stay on holiday except now let’s expand this to citizenship by investments with benefits. A poor man does not hire people only people with money do. A poor man cannot start a big business only a man of means can. Attracting high worth individuals should be a priority use the citizenship by investments with benefits; task someone who knows how to recruit high worth individuals and as an example have this person talk to Gabriel Abed of BITT he meets people from around the world pushing his company, Billionaires, people of worth like Branson of Virgin Atlantic Fame. This personal and selective push will net the best result.

The worst thing to do would be to bring or invite low skill or no skill people like Haitian whose culture is foreign to Barbados as seen in the looting during the hurricane in Florida and constant riots in their home country as have been done by our PM at the heads of CARICOM meeting I am sure with the encouragement of Commie Sing Song.

Please tell me why this Very Important Decision that would Impact the Lives of Bajan’s I.E Opening our Borders to Haitians who would be fleeing poverty, (over 700,000 in the USA and another 800,000 to the Dominican Republic and other hundreds of thousands to the Americas who have already fled) should not the People of Barbados been Informed first before the announcement was made @ CARICOM by the PM…

We the people have given the PM a full house we do not expect to be the dumping ground for Haiti or for her to do the bidding of Commie Sing Song who was not elected. Commie Sing Song is misguided; the heart cannot rule it has no direction the head must rule. But what is life without the heart. The two must work together but remember the head must rule as you will be without a rudder. This careless decision can only throw Barbados into Turmoil the Likes that have never been seen before…They have put others “First” before their Own Country…Sounds All Too Familiar!!

Imaging what the impact a few hundred Haitians rioting for better living conditions in Barbados will have on our Tourism industry? Barbados is known for its calm and stable country do we want to turn it into the “safety” of Trinidad or Jamaica?

We can all make a difference in making Barbados Great, starting with the importance of Individual Responsibility and using our God Given Talents and Abilities to Improve Our Lot!

Economic Entrepreneurs are a Boon to Society; Political Entrepreneurs are Another Animal Entirely!

I shared the Idea Previously about the SEED BOMBS to Help with the Reforestation of Haiti. What other Ideas do you have to Contribute to Help the Haitians Help Themselves? May Freedom Crier Suggest that BU welcomes other Articles that will Improve and Benefit Barbados under the Banner of “The Building of our Nation”.

90 comments

  • Marisopa…get rid of the weave girl…lol

    Like

  • NorthernObserver July 13, 2018 7:57 PM

    @FC
    “you are sounding like GPII.”

    If you mean Dr. Georgie Porgie I am Honored, he is a Very Wise, Knowledgeable, Scriptural and Spiritual Individual!

    The Investor brings in US$ , he buys a house from a Bajan or Bajan’s build it for him, the money is changed in the Bank to Bajan Dollar and the US foreign Exchange ends up in the Central Bank to be used by the Government as foreign exchange. The problem in Barbados is the Debt repayment in foreign currency that we do not have.

    The Purpose of the IMF is to make foreign exchange so expensive for the locals through the imposition of high taxes/devaluation/etc. so that the Government is in a position to pay the the debt with whatever FOREX because the Bajan’s would not be able to afford to buy Goods and Services that originate outside of Barbados.

    The IMF do not care or are not in the Business of helping locals, they are only in the Business of making sure the debt is repaid and they will help, but they want to make sure the debt is paid to the foreign lenders.

    Then we will be Free to Mess Up Again. IMF is not a Good Guy or a Bad Guy they are just the Debt Collectors and you cannot pay the Debt without Forex.

    The easiest method of getting the foreign exchange to the Central Bank is the person buying a property. The Slower ones is by him setting up a business. The money is dispensed slower but the foreign currency ends up the same place.

    The Preferred Route is somebody coming to Barbados liking what they see starting an off shore company and hopefully bringing their holding companies to Barbados as off shore companies, hiring local professionals while the Investor living in Barbados, will hire people in Barbados from Gardner’s right up to Financial Controllers.

    The Challenge is to find the Right Mix of Benefits that will entice him to come.

    Freedom Crier threw out 3 Million as a number to invest…Are we aware that some of those Properties on the west coast sell for Multiples of the 3 Million US…

    Superstar Rihanna has splashed out $22million on a beachside home on the Caribbean island of Barbados. Riahanna’s purchased the 10,000-square-foot pad just down the beach from the ¬famous, five-star Sandy Lane Hotel. There are only eight, 10,000 sq ft apartments within the opulent complex that is just a walk on to the beach, each featuring five en-suite bedrooms that boast their own private terraces and dressing rooms.

    Just goes to show 3Million US $ is a Modest Sum for Some!!

    Like

  • NorthernObserver

    Gotchya.
    Key then becomes from whom the purchase is made? Foreigners already own, many of the properties other foreigners desire?
    And while money is not the issue for many, their advisors cannot recommend Barbados. Just too risky, until things settle down.
    The IMF is the IMF. If we had adjusted our public spending 5 years ago, we would not be knocking at their door.
    You didn’t say which KS companies moved? And no GP referred to Grenville Phillips he is GPII, Georgie is Dr GP.
    I know One Sandy Lane. How many units actually sold of the 8? Cowell is frequently there.

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  • Well Well & Cut N' Paste At Your Service

    The idiocy of it all was bound to run out of steam.

    Like

  • Well all the adjustments would soon be happening
    Things about here are going to get worse
    The IMF would have the word
    Your wishes are going to come true and it is not going to be pretty
    The default bell was wrung issuing a new and demonstrative phase of “Tightening your belt”
    word on the street things going to get ugly

    Like

  • NorthernObserver
    July 14, 2018 1:27 AM

    “Gotchya…. Grenville Phillips he is GPII, Georgie is Dr GP.”

    I was not aware that we were playing Gotchya…I had hoped you had an inquiring mind to see where this could possibly be beneficial to Barbados on a whole and offer some insight but alas my hopes for Barbados are dwindling because I am yet to see by this exercise anyone with an Alternative Ideas to help Barbados out of the Quandary we are in.

    That said those who run out of Steam are those who have No Vision…to whom the shoe fits claim it!

    BTW I hold Hold the Highest Regard for both Grenville Phillips GPII, and Georgie Porgie Dr GP. Mutually they are men of Good Character, Knowledgeable on many Levels, Scriptural and Spiritually Sound Individuals! So Thank you anyway.

    Like

  • Awesome Quotes on What It Really Takes To Innovate

    • “No idea is so outlandish that it should not be considered.”
    – Winston Churchill
    • “I want to put a ding in the universe.” – Steve Jobs
    • “Ideas won’t keep. Something must be done about them.” – Alfred North Whitehead
    • “Intuition will tell the thinking mind where to look next.” – Jonas Salk
    • “Security is mostly a superstition. Life is either a daring adventure or nothing.” – Helen Keller
    • “If you can dream it, you can do it.” – Walt Disney
    • “You can’t solve a problem on the same level that it was created. You have to rise above it to the next level.” – Albert Einstein
    • “The creation of something new is not accomplished by the intellect, but by the play instinct arising from inner necessity. The creative mind plays with the object it loves.” – Carl Jung
    • “There is only one thing stronger than all the armies of the world: and that is an idea whose time has come.” – Victor Hugo
    • “To accomplish great things we must dream as well as act.” – Anatole France
    • “It is the essence of genius to make use of the simplest ideas.”
    – Charles Peguy
    • “There’s no good idea that cannot be improved on.” – Michael Eisner
    • “The best vision is insight.” – Malcolm Forbes
    • “Genius is infinite painstaking.” – Michelangelo
    • “Whatever you can do, or dream you can, begin it. Boldness has genius, power and magic in it.” – Goethe
    • “There is no such thing as a long piece of work, except one that you dare not start.” – Charles Baudelaire
    • “What is now proved was once only imagined.” – William Blake
    • “Remember, a dead fish can float down a stream, but it takes a live one to swim upstream.” – W.C. Fields
    • “Not everything that counts can be counted, and not everything that can be counted counts.” – Albert Einstein
    • “I start where the last man left off.” – Thomas Edison
    • “The greatest invention in the world is the mind of a child.” – Thomas Edison
    • “No matter how well you perform, there’s always somebody of intelligent opinion who thinks it’s lousy.” – Sir Laurence Olivier
    • “You must do the thing you think you cannot do.” – Eleanor Roosevelt
    • “The way to get good ideas is to get lots of ideas and throw the bad ones away.” – Linus Pauling
    • “Discovery is seeing what everybody else has seen, and thinking what nobody else has thought.” – Albert Szent-Gyorgi
    • “A pile of rocks ceases to be a rock pile when somebody contemplates it with the idea of a cathedral in mind.”- Antoine Saint-Exupery
    • “Without a deadline, baby, I wouldn’t do nothing.” – Duke Ellington
    • “In the beginner’s mind there are many possibilities; in the expert’s mind there are few.” – Shunryu Suzuki
    • “Never tell people how to do things. Tell them what to do and they will surprise you with their ingenuity.” – General George Patton
    • “The man with a new idea is a crank – until the idea succeeds.” – Mark Twain
    • “A problem well stated is a problem half solved.” – Charles Kettering
    • “The silly question is the first intimation of some totally new development.” – Alfred North Whitehead
    • “Money never starts an idea; it is the idea that starts the money.” – William J. Cameron
    • “Systems die; instincts remain.” – Oliver Wendell Holmes
    • “One of the illusions of life is that the present hour is not the critical, decisive one.” – Ralph Waldo Emerson
    • “The lightning spark of thought generated in the solitary mind awakens its likeness in another mind.” – Thomas Carlyle
    • “I failed my way to success.” – Thomas Edison
    • “Never doubt that a small group of thoughtful, committed citizens can change the world. Indeed, it is the only thing that ever has.” – Margaret Mead
    • “Innovation opportunities do not come with the tempest but with the rustling of the breeze.” – Peter Drucker
    • “After years of telling corporate citizens to ‘trust the system,’ many companies must relearn instead to trust their people – and encourage their people to use neglected creative capacities in order to tap the most potent economic stimulus of all: idea power.” – Rosabeth Moss Kanter
    • “If the creator has a purpose in equipping us with a neck, he surely would have meant for us to stick it out.” – Arthur Koestler
    • “If you do not express your own original ideas, if you do not listen to your own being, you will have betrayed yourself.” – Rollo May
    • “There’s always an element of chance and you must be willing to live with that element. If you insist on certainty, you will paralyze yourself.” – J.P. Getty
    • “Almost all really new ideas have a certain aspect of foolishness when they are just produced.” – A.N. Whitehead
    • “The gift of fantasy has meant more to me than my talent for absorbing positive knowledge.” – Albert Einstein
    • “Imagination is more important than knowledge.” – Albert Einstein
    • “Vision is the art of seeing things invisible.” – Jonathan Swift
    • “The best way to predict the future is to create it.” – Alan Kay
    • “If you go to your grave without painting your masterpiece, it will not get painted. No one else can paint it.” – Gordon MacKenzie
    • “Taking a new step, uttering a new word, is what people fear most.” – Fyodor Dostoevsky
    • “There is a vitality, a life force, that is translated to you into action, and because there is only one of you in all time, this expression is unique. And if you block it, it will never exist through any other medium, and will be lost.” – Martha Graham
    • “We have approximately 60,000 thoughts in a day. Unfortunately, 95% of them are thoughts we had the day before.” – Deepak Chopra
    • “If I have a thousand ideas and only one turns out to be good, I am satisfied.” – Alfred Noble
    • “I am looking for a lot of people who have an infinite capacity to not know what can’t be done.” – Henry Ford
    • “You can have brilliant ideas, but if you can’t get them across, your ideas won’t get you anywhere.” – Lee Iacocca
    • “I can’t understand why people are frightened of new ideas. I’m frightened of the old ones.” – John Cage

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  • For the good of the country NUPW would be no more
    Good riddance a wasted group that use its members for selfish gain
    glory!

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  • Like

  • “You can’t solve a problem on the same level that it was created. You have to rise above it to the next level.” – Albert Einstein

    Like

  • Brace Your Self Barbados Hurricane MIA on the Way!!

    https://barbadostoday.bb/2018/07/13/more-austerity/

    Like

  • For the good of the country, all them should go

    https://barbadostoday.bb/2018/07/13/embattled-head/

    Like

  • pieceuhderockyeahright July 14, 2018 11:30 PM

    “I do not ever hear you commenting on information system architecture, my point being that you stick to the subject matter that you a comfortable with and comfortable in.”

    Have you even Read the Article Mr. Peace? From your comments it seems that you have not but has placed your Prejudice before doing so. Our Nation can be Better before becoming Great don’t you think?

    Shouldn’t we all speak on things we know about Mr. Peace?…I for one am not All knowing like some pretend to be and off times are enlightened by those like yourself. I for one do not suffer verbal diarrhea spending my time in the obstructionist WWC latrine.

    As for the Information System Architecture, that you accused me of not commenting on in the Article had you read it stated as follows…
    “Because of Overstock.com investment in Bitt, Bitt’s technology has the Potential of very soon reaching the financial sector regionally & globally. Barbados has a lot of Information Technology Talent, these people just need funding, reach and guidance which is what these high worth individuals can Contribute.”

    You accuse me of staying in my comfort zone while I recognise your weakness is not understanding the ramifications of Socialism which is a topic you avoid like the plague and as for Free Market Capitalism if you do not grasp the understanding of Socialism that is counter to Freedom and only glimpse Cronyism where Governments are in Bed with Big Businesses and Call that Capitalism that is really what makes everybody poor Except the Elitist.

    You say Mr. Peace “The things that I know WILL BUILD BARBADOS BELONG for the most part TO THE KNOWLEDGE ECONOMY
    Many of my proposals don’t even exists or if they do exist, don’t fall into the domain of accustomed knowledge pools and usually meets with downright idiocy, palpable incredulity but mostly FEAR.

    MINE is the belief that the mono economy that you are promoting is based on consumerism

    What you are constantly advocating produces nothing yet consumes 80% of the little resources our country generates every year.
    You and others with the capitalist chant, support a system that is inherently self destructive”

    The Mono economy that you accuse me of supporting is like supporting a one Plank of Economy like Tourism…I have never stated thus. I have spoken about Entrepreneurship and it is very unlikely that all the Entrepreneurs would come up with the same Ideas. In the Article it promotes Knowledge based economies by promoting information Technology.

    If this is what you mean by Consumerism every Society in the world would want to make life easier and more productive for its people by allowing its people the “Consumerism Luxuries” like washing machines, running water in their home, indoor plumbing, and clothes to wear other than the Mau Tunic etc.

    How could an idea related to making money that could Repay the foreign Debt of Barbados be “self-destructive” and “make Barbados Poor Again” according to you Mr. Peace?

    Really Sir I expect much more of you but I can clearly see you are way out of your Comfort Zone.

    Never too old to learn except when you think you know everything…

    The Creative Impulse

    “Ideas won’t keep. Something must be done about them.” – Alfred North Whitehead

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  • Do you agree with Trump and Geert wilder that due to mass immigration parts of England and indeed Europe is unrecognisable.

    What do you think will happen to little old Barbados if we do the same?

    https://scontent.fbgi3-1.fna.fbcdn.net/v/t1.0-9/37126987_2173096006053760_6816160472241274880_n.jpg?_nc_cat=0&oh=bb114ba94d68cc5b5971fd3728e69c78&oe=5B9E0981

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  • Georgie Porgie Quoted “Heaven has a wall (with a Big Beautiful Peatly Gate with a Guard to Vet you) and Strict Immigration Policies.(Merrit Based and All are Welcome should you meet the Criteria)

    Hell has Open Borders.(Broad is the way and anyone can walk in)

    Like

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