Sep 15, 2023 | Legal Guide, News & Analysis
Introduction Property tax in the British Virgin Islands is quite low, relative to property-related taxes levied in many other countries. Having said that, interest on late payments can quickly accrue and where payments are missed over several years, it is not uncommon...
Apr 3, 2023 | Legal Guide, Legal Updates, News, News & Analysis
Introduction The Stamps (Amendment) Act 2023 (the Act) is now in force, having been granted assent by the Governor on 20 March 2023 and extends the stamp duty exemption available to Belongers who are first time property owners until 20 March 2024. Download a PDF of...
Apr 12, 2022 | Legal Guide, Legal Updates, News, News & Analysis
Introduction There is now an updated version of this guidance. Click here for the March 2023 legal guide on the Stamp Duty exemption for first-time belonger home buyers. The Stamps (Amendment) Act 2022 (the Act) is now in force, having been granted assent by the...
Jul 31, 2020 | Legal Guide, News & Analysis
Introduction The Stamp (Amendment) Act 2020 (the Act) is now in force, having been granted assent by the Governor on 23 July 2020 and is anticipated to have a positive impact on the number of property transactions taking place in the British Virgin Islands. Download a...
Mar 4, 2020 | Legal Guide
Click here to download a PDF of this guide Following a recent initiative by the BVI Government, a number of individuals have been granted Belonger status or Certificates of Residence. Broadly speaking, the term ‘Belonger’ is the legal term for a person of BVI ancestry...
