British Virgin Isles Bank Account, Private Banking British Virgin Islands Offshore

If you would like to start your private banking services and are a British Virgin Islands resident, contact us and we can arrange a private banker to contact you.

Economy—overview: The economy one of the most prosperous in the Caribbean is highly dependent on tourism which generates an estimated 45% of the national income. In 1985 the government began offering offshore registration to companies wishing to incorporate in the islands and incorporation fees now generate substantial revenues. An estimated 210 000 companies were on the offshore registry by yearend 1996. The adoption of a comprehensive insurance law in late 1994 which provides a blanket of confidentiality with regulated statutory gateways for investigation of criminal offenses is expected to make the British Virgin Islands even more attractive to international business. Livestock raising is the most important agricultural activity; poor soils limit the islands' ability to meet domestic food requirements. Because of traditional close links with the US Virgin Islands the British Virgin Islands has used the dollar as their currency since 1959.

List of British Virgin Islands Banks