A rare congruence of exemptions un- der the US and BVI tax codes has prompted United States (“U.S.”) citi- zens holding British Virgin Island (“BVI”) property to undertake intervivos transfers to their heirs during 2012.
Articles
When a Home Fails Inspection
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By Willa Tavernier, O’Neal Webster BVI My last article explored the different types of reports that are typically generated in a home sale—the termite inspection, structural survey, land survey, and title search reports. Home inspections are very useful as they give…
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Selling Property 101
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By Willa Tavernier, O’Neal Webster BVI. A Cane Garden Bay property patiently awaits a new owner. Photo by Dan O’Connor. Even though the real estate market has slowed down in recent months, there are still plenty of homebuyers eager to make…
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SEALING THE DEAL as a BVI newbie
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By Willa Tavernier, O’Neal Webster BVI. For many, buying property in the BVI is often the realisation of a personal dream. So you’ve finally gotten there and purchased your home in the BVI—now what? Legal Matters. After completion, your lawyer should…
Read More Own a Home? Join the Club
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By Willa Tavernier, O’Neal Webster BVI. Recently, a client handed me a fairly thick document, with a look of trepidation on his face. It was the by-laws of the Homeowner’s Association (HOA), and Declaration of Covenants, for a property he was…
Read More Across the divide: Real Estate Representation in the Virgin Islands
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By Willa Tavernier, O’Neal Webster BVI Buying or selling a home is a significant financial transaction in a person’s life. If you’re selling a property, it may be the most valuable thing you own, and it is of utmost importance…
Read More Investing in the BVI – A practical guide for potential purchasers
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BVI Current Trends In the midst of a challenging market, real estate in the Bvi is still regarded as a solid investment. The appeal of owning property in the Bvi is enhanced by prevailing lower home prices. The islands are already…
Read More CLOSING 101: The basics to title transfers in the BVI
By Willa Tavernier, O’Neal Webster BVI Some compare closing a real estate purchase to taking a final exam. Undoubtedly it can be a stressful process. Here are a few tips to reduce the stress and any surprises that come along with…
Read More BVI Shipping Registry sees increased registrations
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turned_in_notVirgin Islands Shipping Registry
The British Virgin Islands (“BVI”) Shipping Registry has reported an increase in the
registration of vessels in the first two months of 2010, when compared to the same period in 2009, and it is anticipated that the trend will continue throughout 2010.
BVI companies can be listed on the Hong Kong Stock Exchange
folder_openArticles, Banking & Finance, Christopher Simpson, Corporate & Commercial, Kerry Anderson, News
On December 15, 2009, the Hong Kong Stock Exchange (“HKSE”) announced its decision to allow companies incorporated in the British Virgin Islands (“BVI”) to list on the HKSE.