The British Virgin Islands (BVI) is a territory dependent on the United Kingdom, located very close to Puerto Rico, in the Caribbean. BVI is very well established politically speaking and, according to its constitution, the Governor represents the Crown and is the Head of the Executive Council. There are no more than 32 thousand inhabitants and is comprised of a combination of Europeans and Caribs. Its currency is the United States Dollar and there are no exchange controls. Until 2005 the only significant tax in the BVI was on income and applied only to the few local companies and residents, although there were a few property taxes; however, after that date the Governor replaced the income tax with the “payroll” tax, divided between the companies and their employees. The BVI’s income is based mainly on tourism, although financial services are very important. With the implementation of the 2004 Law for Business Companies, the distinction between onshore and offshore companies in the BVI was eliminated and at the present time it appears that there are more than 600 thousand companies registered in this jurisdiction, mainly from clients coming from Latin America and Hong Kong. There is no widespread banking activity in the BVI; however, it counts on a good reputation, thanks to the efforts carried out to avoid money laundering. The BVI jurisdiction is fairly inexpensive, compared to its rivals in the Caribbean region, and the professional services offered there are good. The territory counts on an international airport; its connections are mainly with Puerto Rico.
British Virgin Islands Offshore Banks:
Financial Services Commission of the BVI
Telephone: +284-494-1324 o 284-494-4190
Scotiabank British Virgin Islands is a truly international bank as it forms part of the Scotiabank group of companies, Canada's leading international bank. Scotiabank has operated in the British Virgin Islands since 1967. Scotiabank British Virgin Island ...
VP Bank is one of the largest banks in the Liechtenstein financial centre. In addition to its main offices in Liechtenstein, VP Bank Group is present in six other locations throughout the world: Switzerland, Luxembourg, British Virgin Islands, Singapore, ...
CIBC FirstCaribbean is a major Caribbean bank offering a full range of market-leading financial services in Corporate Banking, Retail Banking, Wealth Management, Credit Cards, Treasury Sales and Trading, and Investment Banking. It is the largest, regional ...
FirstBank VI can help facilitate the growth of your business by providing a number of financing options, including long term loans from one year up to a maximum of twenty years. The terms vary and can be adjusted to meet the specific needs of your busines ...
The Citco Group of Companies is a worldwide group of independent financial service providers serving the world's elite hedge funds, private equity and real estate firms, institutional banks, Global 1000 companies and high net worth individuals. Citco comp ...
Popular-119 Years of service Since 1893, Popular Inc. has been built upon strong institutional values, providing full-service financial services in the United States, Puerto Rico, the Caribbean, and Latin America. First established in the United State ...
Contact Email: info[at]offshorebanksdirectory.com
Whatsapp: +507 8339512
Italy: +39 (06) 99335786
Spain: +34 (93) 1845787
Panama: +507 8327893
Panama: +507 8339512
United Kingdom: +44 (203) 6951776
United States: +1 (305) 3402627
Switzerland: +41 (91) 2280356
Customer service from
02:00 - 06:00 (English, Italian, Spanish) 09:00 - 18:00 (English, Spanish)
14.00 - 18.00 (English, Italian, Spanish)
Monday to Friday, Panama time