Download the full report

Saint-Barthélemy

Balancing Growth, Exclusivity, and a Timeless Allure
Saint-Barthélemy, a jewel of the French Caribbean, captivates with its serene elegance and timeless appeal. Known for its quiet luxury and commitment to preservation, the island offers a unique blend of exclusivity, environmental balance, and refined tourism. Beyond its white-sand beaches and turquoise waters, Saint-Barth stands out as a destination where growth is measured, beauty is protected, and the essence of island life remains untouched.

Saint-Barthélemy embraces growth at its own pace, moving forward with a steady and measured hand. It understands that what is rare must be protected, that what is beautiful must be kept intact. The island welcomes those who seek its quiet luxury, those who know that exclusivity is not measured in excess but in restraint.

Xavier Lédée, President of the Collectivity, speaks with a kind of certainty that matches the land itself. "The goal is not expansion," he says. "The goal is to maintain balance." For years, the island has been a sanctuary, drawing in investors, travelers, and dreamers. But with popularity comes pressure. The challenge is not in bringing people here—Saint-Barth has never needed to seek attention—but in ensuring that what makes it special does not dissolve under the weight of demand.

The island’s economy is steady, largely fueled by tourism, with 70% of visitors coming from the United States. They step off the plane in search of something elusive—privacy, a different kind of silence, the sensation of slipping into a world that asks nothing of them. And yet, there is no official economic partnership between Saint-Barth and the U.S. It is an unspoken bond, an understanding that does not require formal agreements.

At Saint-Barthélemy-Rémy-de-Haenen Airport, Fabrice Danet oversees an operation that is both small and remarkable. Forty thousand aircraft movements a year. More than 200,000 passengers. A 646-meter runway that demands precision, not expansion. "We are not planning to extend," he says. "We regulate, we refine." The airport moves like clockwork, adjusting to peaks and surges, never breaking its rhythm.

At the Port of Gustavia, Ernest Brin watches the island breathe through its maritime arteries. Everything arrives by sea—the essentials, the indulgences, the yachts that anchor offshore with their quiet declarations of wealth. "The port is the island’s lifeline," he says. But like everything in Saint-Barth, space is limited. The marina is reconstructing the Quai de la République. The commercial port is expanding by 2,000 square meters, with further development scheduled for 2027. Growth, but deliberate, to preserve what has already been established.

Then there is tourism, the heartbeat of it all. Alexandra Questel, newly elected Chairman of St Barth Tourism, understands what is at stake. "The challenge is keeping our uniqueness," she says. "If we become like every other island, then why come to Saint-Barth at all?" The island operates on security and discretion. No crowds. No sprawling resorts. No intrusion. Just an island where the sea is still the same color it was yesterday, where the streets are quiet, where even the air seems to hold something sacred.

In 2023, the island welcomed 292,000 visitors— a 10% increase from the previous year. Saint-Barthélemy is, in some ways, a victim of its own success. Yet its philosophy remains unchanged: it is not striving to be bigger, but to be better. And that is what keeps the world coming back.

Saint-Barthélemy offers opportunities in high-end tourism, sustainable growth, and refined infrastructure development, blending quiet luxury with environmental restraint and attracting a global elite drawn to its understated exclusivity.
Capital
Gustavia
Population
11,360
Life Expectancy
81
Unemployment rate
5,6%
Gross Domestic Product (GDP)
$380 million (2014)
GDP Growth 2022
N/A
Foreign Direct Investment
N/A
Exports
$24.4 million
Currency
Euro
Visitor arrivals
292,835 (2023)
Would you like to access our recent reports?
Message us!
We will get back to you shortly!
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.