March 13, 2015

GHN Market Report: British Virgin Islands

The British Virgin Islands (the “BVI” or “Territory”) is a self-governing Overseas Territory of the United Kingdom comprised of approximately 60 islands, rocks and cays scattered over thenorth-eastern Caribbean Sea. The BVI is located to the west of Anguilla, adjacent to the U.S. Virgin Islands on the east, and covers a land area of 57 square miles.

The Territory enjoys a subtropical weather that records an average temperature of 82°F with moderate rainfall of 40 inches per year. Tortola is BVI’s largest island and the most populated. Road Town, Tortola’s capital city, is BVI’s seat of government. Three additional islands make up the largest group of the archipelago. Located to the east of Tortola is the island of Virgin Gorda which is known for its upscale resorts and yacht harbors. Jost Van Dyke, named after an early Dutch settler and former pirate, is located to the northwest of Tortola. The island is relatively undeveloped but largely considered a major yachting and sailing hub in the Caribbean. Lastly, Anegada, is the only coral island of the archipelago.


LEARN MORE:
Read the full article


 

FOLLOW & CONNECT WITH A&M