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About BVI in GeneralBritish Virgin Islands (BVI) consist of 60 islands and having a total land area of 150kmĀ². They lie to the north west of the United States Virgin Islands and are separated from them by a channel only five kilometers wide. There is an excellent daily air service between the Islands and the USA. Cruise ships call in weekly to the Islands and there are freight carriers. The population is around 16,000, most of them reside in capital. Official Language :English Legal System :English Common Law Currency :United States Dollar (USD) Time Zone :GMT -4 Economy :The International Business Companies Ordinance was passed in August 1984. Since then it has been one of the major factors contributing to the success of the BVI as an offshore financial centre. The British Virgin Islands are currently the world's leading offshore corporate domicile. There are currently over 300,000 IBC's registered and this figure increases by more than 2,000 companies per month. This is a major industry for this small and scenic part of the Caribbean. Holiday :Public holidays 2012 |