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Minister for Natural Resources, Immigration and Labour, Honourable Vincent Wheatley outlined the new work permit initiative for the financial services industry during Wednesday’s industry webinar hosted by BVI Finance.Honourable Wheatley said that the Government of the Virgin Islands, in its desire to be a lot more business-friendly, has been focusing on the reform of both Labour and Immigration to “make systems and processes a little more seamless” and introduced the Financial...

After 10 years, the British Virgin Islands (BVI) still ranks as the number one offshore jurisdiction, according to the VISTRA 2030 report, maintaining its ranking since the first study which was launched in 2010.

Friday, September 18, 2020 - On Wednesday’s BVI Finance Breakfast Forum, Honourable Vincent O. Wheatley, MHA, Minister for Natural Resources, Labour and Immigration addressed the work permit, labour and immigration matters arising from the Government's Restricted Border Reopening Plan.

Premier and Minister of Finance Honourable Andrew A. Fahie discussed Phase II of the Government’s re-entry strategy for work permit holders and others seeking to conduct business in the Territory amidst the COVID-19 pandemic, during a webinar titled “A Conversation with the Premier”, hosted by BVI Finance.

Bank of Asia (BVI) Limited (the “Bank”), the only licensed bank in the British Virgin Islands (“BVI”) serving global offshore companies and individuals using its digital platform, today announced the appointment of Lisa Lou as President effective 1 August 2020.

In a presentation titled: “Hurricane Preparedness in the Midst of a Pandemic”, a team from the Department of Disaster Management (DDM) highlighted the need to prepare homes, businesses and selves especially while living in a “multi-hazard environment” such as the BVI.