Real estate in British Virgin Islands
Harneys has a strong track record advising foreign investors on the acquisition, ownership, structuring and development of real estate interests in the BVI including private islands, hotels and resorts, villas, marinas, restaurants and bars, and office buildings. The team regularly assists lenders with the project finance apsects of infrastructure developments, and also acts for developers on a range of projects including electricity generation, sewerage networks, pier and marina developments, and telecoms services developments. Private wealth department head Sheila George has extensive experience in commercial property acquisitions and disposals, while global private wealth head Johann Henry advises on major infrastructure developments in the BVI. Senior associate Paul Mellor handles acquisitions and disposals, landlord and tenant matters and development work with a particular emphasis on the office, retail and leisure sectors.
O'Neal Webster is particularly noted for its assistance to five-star BVI resorts handling financial, banking, expansion, redevelopment and corporate issues including mortgage work, tax issues, regulatory matters, succession planning-related ownership structures and other exit strategies. The group's client base also includes high-net-worth home purchasers and sellers, retailers, restaurants and bars, foreign investors, families, trusts and BVI-registered companies. The practice also works with local real estate brokers, agents and government agencies with highlights encompassing foreign investment transactions and the real estate aspects of business sales and acquisitions. The department also acts in complex disputes involving insurance, leases and construction. Senior associate Jenelle Archer leads the group and regularly handles the property elements of wider business sales. Willa Tavernier moved into an of counsel advisory role and Jameayla Fahie was promoted to senior associate.
‘Senior associate Jenelle Archer is why some clients choose the firm; she is of great assistance, competent and solutions oriented. Jenelle is also always accessible and clients are able to close complex transactions thanks to her‘.
‘The team is highly competent and specialises in BVI real estate matters.‘
‘Jenelle Archer is absolutely outstanding and we would gladly recommend her to others without reservation.‘
BVI Social Security Board
British Virgin Islands Electricity Corporation
- Assisted the BVI Social Security Board with the acquisition of several lots across various islands in the BVI for an affordable housing project.
Price Demers & Co
Susan Demers leads the department at Price Demers & Co, which handles all aspects of the sale and purchase of commercial and residential real estate including assisting with applications for special licences to own land and advising high-net-worth individuals on private property development plans. The team also acts in various types of litigation including boundary disputes, lease forfeitures, eviction proceedings and applications for prescription and partition before the Registrar of Lands and the High Court.