BVI Currency
The official currency of the British Virgin Islands has been the US Dollar since 1959. This is most likely due to the proximity between the BVI and the USVI and the convenience of using the dollar when conducting all those offshore business transactions.

To open a checking account in the BVI, you need the following:

  • A passport
  • A BVI Social Security Card
  • A local address (which can be your employer’s address if you haven’t found a home)
  • A minimum deposit (varies from bank to bank)
  • Three references:
    1. letter from your employer with employment details (length of contract, salary)
    2. letter of good standing from your home bank
    3. letter from a professional reference
  • Another reason to choose a specific bank might be the proximity of cash points to your home or workplace with the avoidance of competing banks’ service fees.
Schools
The BVI houses a total of 15 primary schools and four secondary public schools and 10 primary and three secondary private schools. The BVI also…
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Transportation
Inter-Island Ferries Ferry services within the larger islands of the BVI & USVI are frequent, speedy and efficient – the perfect way to go island…
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Things To Do
Diving & Snorkelling There are countless towering reefs of healthy corals, underwater caves, tunnels, extraordinary shipwrecks and massive boulders and grottoes and spectacular visibility to…
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Banking
BVI Currency The official currency of the British Virgin Islands has been the US Dollar since 1959. This is most likely due to the proximity…
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Accommodations
Finding the perfect rental accommodation in the BVI can be a different experience than searching property markets in other places, so keep an open mind…
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Living
Shopping: There is no sales tax in the BVI however as most things are imported, you pay for the price of the item plus the…
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