If Barbadian real estate services interests are permitted entry in to the EU for investment or business establishment purposes, what members of staff are allowed to work at the business in the EU?
February 09 2012 | Real Estate Services
Key personnel, that is, intra-corporate transferees such as managers and specialists will be allowed in the EU from Barbados for a period of up to 3 years.
The senior staff from Barbados responsible for establishing a commercial presence in the EU may remain for 90 days in any 12-month period and graduate trainees for one year.
These are the general rules for Barbadian staff working in the EU under the provisions of the EPA in the real estate services sector. These opportunities are subject to conditions in some countries. They are:
For real estate services involving owned or leased properties, France, Hungary, Italy, and Portugal impose residency requirements on professionals providing these services, and Latvia, Malta and Slovenia have nationality requirements.
In real estate services that are provided on a fee or contract basis, there’s a residency requirement in Denmark for professionals unless waived by the Danish Commerce and Companies Agency.
France, Hungary, Italy and Portugal all have residency requirements for Barbadians in these services and Latvia, Malta and Slovenia have nationality requirements.