From Breakingviews: Travel companies risk crash-landing, Barbados seeks to lure remote workers and India’s veteran bank boss cashes out. Catch up with the latest financial insights
People sunbathe in Playa de Palma beach, amid the coronavirus disease outbreak in Palma de Mallorca, Spain July 2, 2020.CRASH-LANDING. Travel companies’ getaway plans have been kyboshed by Prime Minister Boris Johnson.
WARM WELCOME. Barbados is seizing on pandemic office closures. The Caribbean island has launched a year-long “work from home” visa to lure non-resident professionals. The Barbados Welcome Stamp allows anyone to work remotely on the island for 12 months for $2,000 per person or $3,000 for a family, and can be extended for a further 12 months. Those eligible for the visa would not pay Barbadian income tax.
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