The British Virgin Islands consist of the main islands of Tortola, Virgin Gorda, Anegada and Jost Van Dyke, along with more than 50 other smaller islands and cays. About 16 of the islands are inhabited. The capital, Road Town, is on Tortola, the largest island, which is about 20 km (12 mi) long and 5 km (3 mi) wide. The islands had a population of 28,054 at the 2010 Census, of whom 23,491 lived on Tortola; current estimates put the population at 35,802 (July 2018). British Virgin Islanders are British Overseas Territories citizens and since 2002, are also British citizens.
Tourism accounts for approximately 45% of national income. The islands are a popular destination for US citizens. Tourists frequent the numerous white sand beaches, visit The Baths on Virgin Gorda, snorkel the coral reefs near Anegada, or experience the well-known bars of Jost Van Dyke. The BVI are known as one of the world’s greatest sailing destinations, and charter sailboats are a very popular way to visit less accessible islands. Established in 1972, the BVI hosts the BVI Spring Regatta and Sailing Festival. A substantial number of the tourists who visit the BVI are cruise ship passengers, and although they produce far lower revenue per head than charter boat tourists and hotel based tourists, they are nonetheless important to the substantial – and politically important – taxi driving community. Only Virgin Islanders are permitted to work as taxi drivers.
Financial services account for over half of the income of the territory. The majority of this revenue is generated by the licensing of offshore companies and related services. The British Virgin Islands is a significant global player in the offshore financial services industry. Since 2001, financial services in the British Virgin Islands have been regulated by the independent Financial Services Commission.
[caption id="attachment_227865" align="aligncenter" width="590"] St. Anne Catherdal - flickr.com - Stuart/cc-by-sa-2.0[/caption][responsivevoice_button voice="UK English Female" buttontext="Listen to this Post"]The Cathedral Quarter (Irish: Ceathrú na hArdeaglaise) in Belfast, Northern Ireland, is ...
