Prominent Lawyer believes Tax Incentives will Attract Int’l Investments

Meanwhile, a prominent corporate lawyer in the region, Jimmy Bristol believes that regional governments need to consider offering tax incentives to attract international investments.

He’s one of the attorneys associated with the Sandals La Source Resort in Grenada and has worked in negotiations for other similar projects.

Bristol explains that governments are realizing that the benefits of giving concessions to hotel developers far outweigh the negatives.

The Beaches Long Bay resort will be a five star facility boasting the island’s first an ice-skating rink and rock climbing, in addition to 125 family suites, a water park, 12 restaurants, a movie cinema and comprehensive family entertainment programme.