Beautiful Virgin Islands

Tuesday, Jun 24, 2025

BVI scraps trade licences, work permits for foreign charters

BVI scraps trade licences, work permits for foreign charters

The government has announced a relaxation of measures that were previously in place for foreign-based commercial recreational vessels conducting charters or operating water taxis.
According to a statement from Premier Dr Natalio Wheatley, the government will no longer require BVI trade licenses from charter operators who are not based in the BVI and will also not require work permits for crew members working on those vessels.

This change will become effective Tuesday, November 15.

“We are now in the tourism season, and we recognise the importance of our marine industry,” Premier Wheatley stated.

He said the government is formulating new policy and amendments to existing legislation that will recognise transient vessels, modify fees, and provide greater ease of access while ensuring that the economic value of locally-based charter operations is protected.

Although the Premier acknowledged that it will take some time to fully develop and implement these proposed changes, he advised that there is an immediate need to make adjustments in order to ensure that this tourism season affords all sub-sectors the opportunity to pursue a return on their investments through adjusted provisions for increased maritime traffic.

Local marine sector not underestimated

In the meantime, Premier Wheatley said his government recognised the important contributions of locally-based charter operators to the territory’s economy. “We in no way underestimate the value of this sector,” the Premier noted.

The territory’s leader emphasised that there is a balance to be maintained and said this balance must offer advantages for BVI-based products and services within the BVI tourism space because of their commitment to the territory and its tourism product.

Dr Wheatley pointed out that last season was particularly difficult for all parties, and said some sub-sectors of the tourism economy were severely impacted by the resulting reduced maritime traffic.

He also advised that the government is happy to facilitate ease of access to neighbouring USVI operators with whom the BVI shares a strong relationship.

“They, in return, have agreed in principle to reciprocal applications for BVI boats trading into the USVI,” the Premier said.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Airlines Evaluate Flight Cancellations Amid Escalating US-Iran Tensions
Starmer Invites Innovators to Join Government Talent Scheme
UK Economy’s Strong Opening Quarter Shows Signs of Cooling
Harrods Seeks Court Order to Secure Al Fayed Estate for Victims
BA and Singapore Airlines Cancel Dubai Flights Amid Middle East Tensions
Trump Faces Backlash from MAGA Base Over Iran Strikes
Meta Bets $14 B on Alexandr Wang to Drive AI Ambitions
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
FedEx Founder Fred Smith, ‘Heart and Soul’ of the Company, Dies at 80
Chinese Factories Shift Away from U.S. Amid Trump‑Era Tariffs
Pimco Seizes Opportunity in Japan’s Dislocated Bond Market
Labubu Doll Drives Pop Mart to Status as China’s Most Valuable Toy Maker
Global Coal Demand Defies Paris Accord Goals
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
BBC Demands Perplexity AI Immediately Stop Using Its Content
Telegram Founder: I Will Leave My Fortune to Over 100 of My Children
Political Turmoil Resurfaces in Belgium Amid Economic Concerns
Fed policymakers divided on timing of interest rate cuts
Trump signals imminent agreement with Harvard University
Inheritance tax referendum alarms Swiss billionaire community
Japan cancels bilateral security meeting amid US defence demands
AI skeptic Emily Bender warns that ‘the emperor has no clothes’
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
Plans to Sell Dutch Embassy in Bangkok Face Local Opposition
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump's $5 Million 'Trump Card' Visa Program Draws Nearly 70,000 Applicants
DGCA Finds No Major Safety Concerns in Air India's Boeing 787 Fleet
Airlines Reroute Flights Amid Expanding Middle East Conflict Zones
Elon Musk's xAI Seeks $9.3 Billion in Funding Amid AI Expansion
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Taiwan Imposes Export Ban on Chips to Huawei and SMIC
Israel has just announced plans to strike Tehran again, and in response, Trump has urged people to evacuate
Netanyahu Signals Potential Regime Change in Iran
Juncker Criticizes EU Inaction on Trump Tariffs
EU Proposes Ban on New Russian Gas Contracts
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
×