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The official currency of the British Virgin Islands has been the United States dollar (US$) since 1959, the currency also used by the United States Virgin Islands. [3] The British Virgin Islands enjoys one of the more prosperous economies of the Caribbean region, with a per capita average income of around $47,000 (2022 est.) [47]
The British Virgin Islands also operates as a domicile for captive insurance services, but a prolonged period of overzealous Government regulation combined with the Government's increasing pressure to hire only locals ("belongers") in the insurance industry decimated the industry. Official reports from the Financial Services Commission reflect ...
The island has hundreds of rental villas as well as hotels and resorts. Numerous shops and restaurants serving both residents and tourists are located in Cruz Bay and Coral Bay. Saint John is a popular stop for day and term boat charters from the United States Virgin Islands, Puerto Rico, and the British Virgin Islands. Individual and group ...
Passenger and limited car-ferry services to neighboring islands such as Water Island, Saint John, Saint Croix, and the British Virgin Islands run regularly out of the Red Hook Terminal, Charlotte Amalie Terminal, and Crown Bay Marina. There are safaris, which are open air taxis, mounted onto the back of a pickup truck.
Eustatia Island is a 30-acre island of the British Virgin Islands (BVI) in the Caribbean. The word "Eustatia" [1] is a Greek derived word meaning, "good place to stay." The entire island, and a small neighboring island, Saba Rock, are under the same long term lease. The island is regularly featured and photographed for several publications and ...
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