Welcome to theBritish Virgin Islands IFC Recruitment site. IFC Recruitment is the dedicated job board serving the offshore and international finance community, giving you up to the minute information on the very latest jobs available.
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Opportunities are available in Europe, The Caribbean & The Far East.
Are the British Virgin Islands right for you?
The British Virgin Islands consist of 60 islands and cays having a total land area of 150 sq. km. They lie to the north west of the United States Virgin Islands and are separated from them by a channel only five kilometers wide. The neighbor with the largest land area is Puerto Rico, 96 km to the west. The islands promote two successful economies, tourism and offshore finance.
Population
The population is approximately 27,000, the largest and most heavily populated Island is Tortola which has approximately 10,000 inhabitants. 83% of the inhabitants are of African descent, the balance being made up of European, Indian or mixed race.
The capital, Road Town, is on the southern shore near Sir Francis Drake Channel. Tortola is connected by a road bridge to Beef Island and the local airport.
Political Structure
In 1672, Britain claimed Tortola. Simultaneously, Denmark asserted her sovereignty over St. Thomas and St. John; then in 1773 Denmark purchased St. Croix from France. The Danish Islands were sold to the United States in 1917 for US$ 25 million. Relations between the United States and British Virgin Islands are good.
The British Virgin Islands are a UK overseas territory with self-government in most internal matters. Under the 1977 constitution, HM Queen Elizabeth II is represented by a governor responsible for external affairs, defence, internal security and the public service, with reserved legislative powers as necessary for the exercise of special responsibilities. On all other matters, the executive council has authority.
Infrastructure and Economy
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. There are excellent telephone, telex and fax facilities. Courier services are well represented on the BVI, including DHL, DTL and Federal Express, who provide a daily worldwide service.
The economy, one of the most prosperous in the Caribbean area, is highly dependent on the tourist industry, which generates about 21% of the national income.
In 1985, the Government offered offshore registration to companies wishing to incorporate in the islands livestock raising is the most significant agricultural activity. The Islands' crops, limited by poor soils, are unable to meet local food requirements.
Language
The official and spoken language is English.
Currency
The US Dollar.
Exchange Control
None
Law
Common Law, based on English Common Law with local modifications and local statutes.
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Disclaimer
The materials contained on this web page are provided for general information only and do not constitute any form of legal definition or advice. IFC Recruitment assumes no responsibility for the accuracy of any particular statement and accepts no liability for any loss or damage which may arise from reliance on the information contained on this site.
References
1. Wikipedia profile: British Virgin Islands
2. CIA World Factbook entry: British Virgin Islands
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