ARTICLE · 01 JULY 1999

British Virgin Islands Country Factfile

Mondaq

Explore more from Mondaq

British Virgin IslandsWealth Management

Author LinkedIn connections

GENERAL

Status:
British Dependent Territory
Location: Comprised of 36 islands in the Caribbean sea (16 inhabited); located 80km east of Puerto Rico, adjacent to the US Virgin Islands. Major islands are Tortola, Anegada and Virgin Gorda.
Area in total: 153km2
Tortola: 54km2
Anegada: 39km2
Virgin Gorda: 21km2
Capital: Road Town, Tortola
Population: 19,107 (Estimate 1997)
Business language: English
Currency: US Dollar (US$)
Time zone: GMT -4
Business hours: Mon-Fri 9am to 5pm
Climate: Subtropical
Average temperatures:
Summer: 26ºc - 31ºc
Winter: 22ºc - 28ºc

IMPORTANT CONTACTS

Department of Information and Public Relations
Office of the Chief Miniser
Central Admin. Building

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

BVI Corporate Review – Q2 2026

British Virgin IslandsWealth Management

Strong First Quarter Results For The BVI Financial Services Sector

British Virgin IslandsWealth Management

BVI Private Wealth Solutions For Latin American High-net-worth Families

British Virgin IslandsWealth Management

Managing The Property And Affairs Of Incapacitated Persons In The British Virgin Islands

British Virgin IslandsWealth Management

British Virgin Islands: Special Purpose Vehicles For Luxury Assets

European UnionWealth Management

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

See more popular content from

Wealth Management

Guiding You Through Sham Trusts

At a time when trusts are coming increasingly under attack, it is quite common for the validity of a trust to be questioned on the basis that the instrument creating it is a sham document or fails to fulfil the requirements for the creation of a valid trust.

British Virgin IslandsWealth Management

Comparison Of Trusts In The British Virgin Islands, The Cayman Islands And Jersey

The decision as to where to establish an offshore trust can only be made based on the specific requirements of the client.

British Virgin IslandsWealth Management

A Guide To Trust Law In The British Virgin Islands

British Virgin IslandsWealth Management

BVI Corporate Review – Q2 2026

The British Virgin Islands has reported its strongest first quarter for new company incorporations since 2022, with 7,671 new entities formed in Q1 2026. This represents a 10% increase year-over-year and brings the total number of active companies to 362,165, while the investment funds sector maintains 2,242 registered funds.

British Virgin IslandsWealth Management

BVI: New Registry fees For BVI Business Companies

The Government of the British Virgin Islands gazetted the BVI Business Companies Act (Amendment of Schedule 1)(No. 3) Order, 2016 on 20 December 2016 concerning new Registry fees to be charged to BVI Business Companies.

British Virgin IslandsWealth Management

The BVI Courts Appoint A Receiver To Take Control Of A PRC Judgment Debtor's Assets

A recent decision in the British Virgin Islands ("BVI"), BVIHC (Com) 0032 of 2018, is notable as being the first case of which we are aware where the BVI Court

British Virgin IslandsWealth Management

BVI Private Wealth Solutions For Latin American High-net-worth Families

The British Virgin Islands has emerged as a premier offshore jurisdiction for Latin American high-net-worth families seeking sophisticated wealth preservation and succession planning solutions.

British Virgin IslandsWealth Management

British Virgin Islands: Special Purpose Vehicles For Luxury Assets

For family offices, high-net-worth individuals (HNWI) and ultra-high-net-worth individuals (UHNWI) considering the purchase of luxury assets (in particular yachts...

European UnionWealth Management

'Chabra' Relief In The BVI – Freezing The Assets Of A Person Who Is Not A Substantive Defendant

A Chabra injunction is a powerful weapon which can substantially enhance the scope of assets which a claimant can ring-fence. Here, Carey Olsen's Jeremy Lightfoot, Richard Brown and Catie Wang...

British Virgin IslandsWealth Management

The BVI's New Non-Profit Organisation Registration Regime

The Non-Profit Organisation Act, 2012 (the "Act") came into force on 1 January 2013 and introduces a registration and compliance regime for non-profit organisations operating in the British Virgin Islands.

British Virgin IslandsWealth Management