Discover the Benefits of British Virgin Islands Film Commission - Vitrina (2024)

FAQs

Who is the film commissioner of the BVI? ›

Film Commissioner Natalie Hodge, Festival Director Laurika Jude, Camroy Peters and Dame Peters 2.

The British Virgin Islands are a geologic extension of the central fault-block mountains of Puerto Rico and present a variety of physical features, including low mountains, lagoons with coral reefs and barrier beaches, and landlocked harbours. Except for Anegada, the islands are hilly.

The British Virgin Islands is a volcanic archipelago consisting of 4 main islands and over 50 cays and islets in the Caribbean Sea. This prominent destination is known for its beautiful coastlines, especially on the islands of Tortola, Jost Van Dyke, Anegada, and Virgin Gorda.

The BVI is known as one of the world's greatest sailing destinations, and numerous charter boats and ferry services make island-hopping a breeze. Visitors can expect to be charmed by white-sand beaches and the friendly “Belongers” (the BVI locals), who go out of their way to welcome newcomers to the islands.

Tax Advantages of a BVI Company

In short, BVI companies pay no corporate tax, no capital gains tax, no value added tax (VAT) and no withholding tax. The same applies to dividends, interest, rents, royalties, compensation, and other expenses paid by a company.

The Rt Hon Sir Gary Hickinbottom

Sir Gary Hickinbottom is the Sole Commissioner in the British Virgin Islands Commission of Inquiry.

The Virgin Islands, commonly referred to as the British Virgin Islands (BVI), is a British overseas territory located in the Caribbean to the east of Puerto Rico. The islands make up part of the Virgin Islands archipelago; the remaining islands constitute the US Virgin Islands and the Spanish Virgin Islands.

Until 2007, the head of government was known as the Chief Minister of the Virgin Islands, but a constitutional change in 2007 renamed the position as Premier. The current Premier is Natalio Wheatley.

The official name of the territory is still simply the "Virgin Islands", but the prefix "British" is often used. This is commonly believed to distinguish it from the neighbouring American territory which changed its name from the "Danish West Indies" to "Virgin Islands of the United States" in 1917.

The BVI are a true worldclass destination when it comes to sailing. People fly from all around the world to have the privilege to sail its turquoise waters. The playground is a bit better than in the USVI as you have more small islands to visit than in the USVI.

Is British Virgin Islands the same as U.S. Virgin Islands? ›

The British Virgin Islands are a British Overseas territory consisting of four larger islands (Tortola, Anegada, Virgin Gorda, and Jost Van Dyke), while the U.S. Virgin Islands are a territory of the United States consisting of three larger islands (St. Croix, St.

Experience our rich culture and storied history, pristine beaches, turquoise waters, natural diversity and smiling, friendly people who can't wait to warmly welcome you to America's Caribbean Paradise.

Nearly 100 islands and cays make up the Virgin Islands, and each boasts its own unique charm and appeal. These Caribbean island hideaways are world-renowned for their water sports, shipwreck dives and underwater adventures, surf-worthy waves, and perfect beaches.

While you can certainly move, you will not immediately become a citizen of the British Virgin Islands. Like other foreigners, you will be required to request long-term permission to stay. Holders of a UK (and USA and Canadian) passport do not need a visa to enter the BVI.

BVI companies are flexible and low cost vehicles which can be tailored to meet the specific requirements of their members and their proposed purposes while being internationally recognised and listed on exchanges around the world.

Tax Advantages and Financial Reporting

A significant advantage of establishing a BVI Company is its favourable corporate tax environment. In line with international standards, there are no taxes on income or dividends distributed by offshore companies incorporated here.

The Virgin Islands Company (VIC) was a New Deal program, created in 1934 with $1 million in start-up funding from the Public Works Administration (PWA). The goal of the VIC was to revive the Virgin Islands' sugar and rum industries, which had been decimated by the Great Depression.