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The National Health Insurance scheme (or NHI) is a form of national health insurance established by the Government of the British Virgin Islands through the Ministry of Health, with a goal to provide access to and financial coverage for health care services to British Virgin Islands residents. [1] A National Health Insurance scheme was first ...
NHI will be administered by the Social Security Board. The deputy director with responsibility for NHI is Mr Roy Barry. NHI is intended to be funded by a mandatory 7.5% levy on salaries paid to person employed in the British Virgin Islands up to a capped amount of US$5,791.50 per person.
The BVI Financial Services Commission is an autonomous regulatory authority responsible for the regulation, supervision and inspection of all the British Virgin Islands financial services including insurance, banking, trustee business, company management, mutual funds business, the registration of companies, limited partnerships and intellectual property.
The Cabinet of the British Virgin Islands (formerly referred to as the Executive Council, or sometimes ExCo) is the collective decision-making body of the British Virgin Islands government. It is composed of the Premier , four other Ministers of Government, and the Attorney General as an ex officio , non-voting, member. [1]
That means most workers will pay up to 6.2% of $168,600 in Social Security taxes this year, so they could owe as much as $10,453.20. The updated maximum taxable earnings limit for 2025 will not be ...
Here’s how you fill out Form W-4V: Add your name, address and Social Security number on lines 1-3. For line 3, if you live outside the U.S., add the city, state or province and your country ...
11 January 2017 - Social Security Board signs a contract to build 43 homes as part of a social housing project, the Territory's first. 23 January 2017 Former US President Barack Obama visits the British Virgin Islands. BVI Finance appoints a new board of director from the private sector, transitioning from a publicly run body.
The British Virgin Islands legislature is the House of Assembly. Prior to the adoption of the new constitution in 2007 the legislature was called the Legislative Council. General elections are conducted every four years (unless the House is dissolved earlier, either as a result of a vote of no confidence or otherwise).