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Nanny Cay is an island of the British Virgin Islands in the Caribbean. It is made up of three cays originally known as Big Cay, Little Cay and Miss Peggy Cay. [1] In the 1970s these were consolidated into a single land mass for a marina and resort development. It is connected to Tortola by a short bridge. A marina, hotel, restaurants ...
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 principal settlement is Road Town, the capital of the British Virgin Islands, with a population of 9,400. Provision of financial services is a major part of the economy. The International Business Companies Act , passed in the early 1980s, encouraged such businesses and has generated significant growth in professional jobs and related revenues.
The name is derived from the nautical term "the roads", a place less sheltered than a harbour but which ships can easily get to. A 28 hectares (69 acres) development called Wickham's Cay, [ 3 ] consisting of two areas that were reclaimed from the sea and a marina, have enabled Road Town to emerge as a haven for yacht chartering and a centre of ...
Frenchman's Cay is an island of the British Virgin Islands in the Caribbean. It is located 2 km (1.2 mi) southeast from Great Thatch and is located just east of Little Thatch by a distance of approximately 400 m (440 yd). Frenchman's Cay is connected to the main island of Tortola by a very short bridge to Tortola's West end.