Approximately twenty per cent of all BVI Business Companies were located in Europe1, excluding the UK.
Such European companies accounted for 11 per cent of the US$ 1.5 trillion in assets mediated through the BVI, underscoring the offshore investment centre’s growing status as a hub for European overseas investment. Indeed, statistics for Europe, excluding the UK, evince outward investment stock mediated through the BVI, and jobs supported by inward investment mediated through the BVI, show USD$457 billion investment, generating 290,000 jobs across the region.
Demand among European companies for offshore centres to facilitate their cross-border business and investment continues to grow. The BVI has been successful in facilitating cross-border business because of its popular and flexible corporate structures.
The BVI’s long and successful relationship with Europe appears set to intensify as European countries experience post-pandemic economic expansion. The projected growth represents new investment channels for the BVI and its business companies, which for three decades have proven successful for European investors and corporations. Today, the BVI stands at the forefront of international corporate structuring for cross-border transactions and investment and assists European clients in structuring outbound investment across various priority sectors – among them energy, infrastructure, technology, and agriculture.