The BVI Government recently enacted a new revenue-increasing
measure which raises the fees for annual and temporary work
permits.
The new fees contained in the BVI Statutory Rates, Fees and Charges (Amendment
of Schedule) Order 2016 are first subdivided by industry, and
then by role. For example, an annual work permit fee for a Clerical
Support Worker working in the Accommodation & Food Service
Activities industry is $450 but the same role in the Arts,
Entertainment & Recreation industry costs $528.
Some roles are yet further subdivided into salary bands, with
the fee rising accordingly. For example, in the Financial and
Insurance Activities industry, an annual work permit fee for a
Professional will be $1,101 if they earn less than $50,000 p/a,
$2,761 if they earn between $50,000 and $99,999 p/a, and $4,420 if
they earn above that.
