BVI Finance today welcomed the European Union’s recognition of the BVI as a cooperative jurisdiction as it has delivered on its commitment relating to economic substance as defined by the EU.

Ladies and Gentlemen of the Virgin Islands,  I am pleased to report to you that the European Union has announced today that it recognises the BVI as compliant with its fair taxation principles as well as being a cooperative jurisdiction.

The Virgin Islands has been elected to serve as a Director on the executive board for the Caribbean Association of Investment Promotion Agencies (CAIPA).

Premier and Minister of Finance, Dr. the Honourable D. Orlando Smith, OBE announced that the BVI has passed important legislation which addresses the European Union’s (EU) concerns over “economic substance” and came into force from January 1, 2019.

Siobhan Flax of the British Virgin Islands London Office was elected to the 2018/2019 Executive Committee of Young Diplomats in London (YDL).  

Premier and Minister of Finance, Dr. the Honourable D. Orlando Smith, OBE will attend a number of high level meetings in London this week as he continues to promote the role of the BVI within the global economy.

Governor of the U.S Virgin Islands, Mr. Kenneth E. Mapp is featured as he paid a courtesy visit on Acting Premier, Dr. the Honourable. Kedrick D. Pickering during his short visit to the Territory today, October 16.

Premier and Minister of Finance, Dr. the Honourable D. Orlando Smith, OBE, will be leading a  2-week trade mission to Africa in November.

Premier, Dr. the Honourable D. Orlando Smith, OBE has today announced that the Government is preparing its submission to the UK Parliamentary Foreign Affairs Select Committee Inquiry on the future of the UK’s Overseas Territories (OTs).

Nationals of the People’s Republic of China (PRC) have been granted access to enter and remain in the Virgin Islands for business and tourism related matters only, for a period of less than six months without the need for a visa.