The British Virgin Islands is a UK overseas territory located between the Caribbean Sea and East Atlantic Ocean northeast of Puerto Rico. It is one of the most prominent international centres for offshore financial services.
Road Town, on Tortola, is the largest and most populous island in the territory.
There are 60 major islands in the Caribbean that offer every watersport you can imagine and the climate allows year-round sea swimming in the Caribbean.
British Virgin Islands weather is tropical, hot and influenced by trade winds. From December to March, the daily average temperature is 24/25 °C (75/77 °F), and from May to October, the daily average temperature is 28 °C (82 °F).
Cruise ships and ferries are two of the most popular means of transportation to and from the British Virgin Islands. The main British Virgin Islands ports are Virgin Gorda's St Thomas Bay, Jost Van Dyke's Great Harbour, Tortola's West End Harbour, and Road Harbour. The ferry ride between St Thomas in the US Virgin Islands and Tortola takes about 50 minutes. Tortola also has regular ferry services to several smaller British Virgin Islands. There are also boats like yachts, bareboats, and sailboats that make the journey around the islands.
Taxis are also a hassle-free way to move around most of the islands.
You can take an open-air safari bus to see a variety of tourist attractions at a low cost. From the ferry dock to a popular spot like The Baths of Virgin Gorda, they hold approximately 20 people and cost between $2 and $5 one way.
Cost of living
There is no income tax, capital gains tax, or inheritance tax in the British Virgin Islands, but there is a 12 percent stamp duty on foreign property purchases.
The currency of the British Virgin Islands is the US Dollar (USD).
Living in this country is noticeably more expensive than in the EU and the United States. In general, the average monthly rent for a four-member family apartment is around $2,000, while food and utility expenses are typically higher than in most western countries.
Bars and restaurants
British Virgin Islands (BVI's) cuisine reflects their European heritage and African heritage fusion. Local seafood is combined with spices and tropical fruits, as well as more innovative dishes. You will not have any trouble choosing between dining at the ocean or the mountainside on Tortola. Try them all.
History and Culture
Tortola has by far the largest population, accounting for about four-fifths of all the islands. Nearly a quarter of Tortolans live in Road Town. English is the official language; far more frequently used in practice, however, is an English-based creole, Virgin Islands Creole English. The majority of religious affiliations are Protestant, with Methodists making up the largest group.
Virgin Islands culture is a hybrid blend of African, European, and Caribbean influences. In the British Virgin Islands, often referred to as "the sailing capital of the Caribbean," sailing is a popular pastime for locals and for tourists alike.
The territory is nominally home to more than 400,000 companies, worth $1.5tn. There are many expats working in the banking sector, insurance firms, investment sector, and law firms that support the economy.
The banking sector boomed in the early 2000s and for many years the country held the popular designation of a “tax haven”. Therefore, most of the workforce in the British Virgin Islands is highly educated, with more than 50 percent of workers being of foreign descent.
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