Welcome to theBarbados IFC Recruitment site. IFC Recruitment is the dedicated job board serving the offshore and international finance community, giving you up to the minute information on the very latest jobs available.
If you are looking to start a new career or just looking for a change of scene, find your perfect job by searching the latest vacancies within your sector. Simply click on the drop down links on the left hand side of this page and search by geographic region, salary band or job title.
Opportunities are available in Europe, The Caribbean & The Far East.
Is the Island of Barbados right for you?
Barbados Island has an area of 432 sq km (166 square miles) and is located in the Caribbean northeast of Venezuela. The island is 2.5 times the size of Washington DC being 23 kilometres (14 miles) at its widest point and 34 kilometers (21 miles) long.
Population
The population of Barbados is approximately 280,000
Political Structure
The Island was uninhabited and was first settled by the British in 1627. The gradual introduction of social and political reforms in the 1940s and 1950s led to complete independence from the UK on 30th November 1966. An independent sovereign state within the Commonwealth Barbados has its capital at Bridgetown. Barbados has the third oldest working parliament in the world with 358 years of an uninterrupted parliamentary system of government.
Infrastructure and Economy
Barbados has excellent communications. Its geographical location has left it well placed to be a focal point for air and sea travel between the eastern and western hemispheres. Historically the economy has been dependent on sugarcane cultivation and related activities, but production in recent years has diversified into light industry and tourism. The development of the international business and financial services sector which began around 1977 now contributes significantly to foreign exchange earnings. Barbados now offers facilities for international business companies, international banking, exempt insurance and management companies, ship registration and societies with restricted liability. Barbados is a member of Caricom, the Caribbean common market.
Language
The official and spoken language is English.
Currency
Barbados Dollar has a fixed exchange rate of 2 "Bajan" dollars to each US Dollar.
Exchange Control
IBCs are exempted from exchange control regulations and books and records can be maintained in any currency.
Law
The Barbados legal system is based on English Common Law; no review of legislative acts. Courts exist on the English model with the final appeal being to the Privy Council in London.
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Disclaimer
The materials contained on this web page are provided for general information only and do not constitute any form of legal definition or advice. IFC Recruitment assumes no responsibility for the accuracy of any particular statement and accepts no liability for any loss or damage which may arise from reliance on the information contained on this site.
References
1. Wikipedia profile: Barbados
2. CIA World Factbook entry: Barbados
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