The cost of living in the Canary Islands is cheaper than in the UK, US or Northern Europe. What do I need to know before moving to the British Virgin Islands? Anegada has some spectacular beaches, it is about an hour and 30 minutes away from Road Town. The pros of living in British Virgin Islands are that the islands are safe, has friendly people, and amazing beaches. Turtle Beach located on Buck Island is well loved by locals and visitors alike. One-time-payment: $179.98 $89.992023 NEW YEAR 50% off. Honeymoon Beach on Water Island is a favorite for locals and visitors to the island. The Department of Health also provides a variety of health services, such as immunizations, health screenings, and health education. The Virgin Islands is a Caribbean paradise, and whether or not you decide to move there depends on a multitude of factors. Around The Caribbean is a resource for persons who want to learn more about the Caribbean islands. Estimated GDP was $51,273 (2007 estimate). Population of island: About 60,000. If you want to settle down here, you should know that . We use your birth date to better match you with other nomads and personalize destination recommendations to you. Sebastiaan and I always dreamed about living near the ocean. Mainly sunny. Valuable items should be secured in hotel safes. Let people know things you like to do, where you're from, where you work, where you'd like to visit, what's your favorite food etc.! Additionally, ferries are available for transportation between islands. Victims were threatened at gunpoint and valuables such as cash, cellphones and vehicles were demanded. The last major hurricanes to affect the islands were hurricane Maria and Irma both in 2017 which hit the islands as category 5 storms. If you want to swim with turtles, then Maho Bay Beach is the perfect spot in St Croix. Reserve a spot on the boat if you like to go to Peter Island or Cooper Island, Never miss a sunset; magical every day and different every day, It never gets boring seeing the most beautiful sailboats and massive powerboats passing by your home. The population of the British Virgin Islands is approximately 30,000 people, and the largest cities are Road Town, Tortola, and Virgin Gorda. Don't worry, we don't do anything weird with your personal information. Additionally, the cost of entertainment can be quite high, as many activities require a fee. There are times when the delivery boat is held up in Miami, and we have an empty grocery store for days, says Meyers. Cane Gardens Bay is one the most popular beaches in Tortola. The department also provides resources and support for students and families, including after-school programs, tutoring, and other services. Located between the Caribbean Sea and the north Atlantic Ocean east of Puerto Rico, the British Virgin Islands is a UK overseas territory that is known for its status as an offshore financial services centre. A Bonnier LLC Company. The insurance that travels with you. Perks of Living in Wisconsin. Not only will you not get everything from one market, sometimes you may get nothing at all. However, there are a number of medical facilities available, including hospitals and clinics. Hope one day to secure a second home in either of these locations. Or visit one of the luxury resorts on Cooper or Peter Island. Recent years have proved challenging, however: though last years Hurricane Dorian left the islands relatively unscathed, in 2017 they were hit by hurricanes Irma and Maria, which damaged 80 per cent of the territorys housing stock. Because the pros and cons of each of the 50 states must go on If you are visiting the BVI from Europe the easiest route is through Antigua as British Airways have direct connections from London Gatwick. One amazing benefit of living in the BVI is ease of island hopping. Sadly the Bomba Shack and Tonys are no longer there as they were destroyed by hurricane Irma. Main hospital: The Governor Juan F. Luis Hospital and Medical Center in Christiansted. Blog Post Author Credentials Louise Gaille is the author of this post. Club Med 2 is Back with New Elevated Amenities and Exciting Destinations, For Beachy Bajan Beauty, Level Up with a Stay at this Spectacular Barbados Rental, Cas en Bas Offers a Realistic Opportunity to Enjoy a Personal Slice of St. Lucia, Shellona Abaco Beach House Provides an Ideal Setting for a Family Spring Break Getaway. Summary: But because the BVI is pretty expensive to travel to, it is still uncrowded. If you have a storm bearing down on you, you hunker down in Continue Reading 115 2 5 More answers below Justin Harrell Lived in United States Virgin Islands (2004-2008) 4 y I was a resident of St. Thomas for four (4) years beginning in 2004. Additionally, the health care system is adequate for certain situations. There are beach breaks, reef breaks, and point breaks so something for every level, Every year, pro surfers will hop over to the BVI and ride the waves with you. Imagine this: you are walking on a beach. The immigration process is long and hard. Connect with Joshua on LinkedIn. Let's continue. Billed once. Read on for comprehensive details of the pros and cons of living in the British Virgin Islands. said a person living in Brit. This site uses Akismet to reduce spam. Citizens of the British Virgin Islands since 2002 have full British Citizenship. In small villages and communities where everyone knows everyone and at times this makes it tough to create and maintain boundaries. . In these islands, every sun exposed part has a kind of hot and dry-semi to dry microclimate with some organ-pipe shaped cactus mixed in. You can start using Nomad List's member-only features now! Find flights to the British Virgin Islands from $317. Individuals in the US Virgin Islands also have the benefit to relocate to a bigger country if they are looking for greater opportunities. It takes about 1.5 to 2 hours to complete the trail. From world-class resorts and beaches to museums, galleries, and cultural centers, visitors will find something to suit their interests. As with many other Caribbean islands, there is a friendly and excellent community spirit which exists among people on the island. Watersports and cocktails offer a break from the territorys main business of offshore finance. They are relatively inexpensive and provide the freedom to explore the islands without relying on public transportation. Expats, digital nomads and retirees living in the British Virgin Islands responded: "Expats and digital nomads living in the British Virgin Islands enjoy the laid-back lifestyle, the stunning beaches, and the warm climate. In this article we will explore all the pros and cons of living in the British Virgin Islands. The cost of goods on the island is extremely high. There is an excellent ferry service between the islands and also to the British Virgin Islands. Living on a small island limits the amount of opportunities that you have available for example in terms of jobs. Mountain Top and Drakes Seat are fantastic spots with amazing views in St Thomas. Unfortunately, we had to leave due to health reasons. The BVI is known as the sailing capital of the world. End the day with a little picnic on the beach and watch the sunset, Meet up with friends at Cane Garden Bay and have fun with their dogs and drink, If you dont like crowds, avoid the beach at Cane Garden Bay during the cruise season. On the other hand, the cons of living in the British Virgin Islands include the limited job opportunities, the lack of public transportation, and the limited access to medical care. Therefore, relocation for job opportunities is seamless from a work permit standpoint for locals who want alternative options than those available on a small island. Your username is used across the site, for example in your profile URL: https://nomadlist.com/@username. Alternatively, if you are traveling from North America, St Thomas or Puerto Rico are the best routes to consider. Youll also find a perfect balance between a sleepy-island vibe and modern conveniences, so youll hardly be roughing it, especially the biggest island, Tortola. Thanks for signing up! In the BVI it still feels a lot more genuine and you will get reminded through names like Smuggles Cove. According to the BVI Tourism Authority, international flights must connect to other Caribbean islands such as Puerto Rico, St Thomas, Antigua or St Maarten. Can you guess where? The US Virgin Islands is part of the United States. What cultural faux pas should I try to avoid making in the British Virgin Islands? Knight Frank is marketing a seven-bedroom estate on Tortola with sea views for $5.5m. Water Island is only 491 acres. Additionally, there are no gift or wealth estate taxes on the island. The BVI makes it very tricky to hire an outsider they want employers to hire locals first but of course, for certain jobs, everyone hires expats, says Meyers. #1. Sure, there are supermarkets, but a Tortola grocery store run doesnt much resemble one in the States. Hardip loves researching nearby things and writing about PROs and CONs. According to U.S. federal government figures, bankruptcies continue to fall, from 1.6 million bankruptcies in 2010 to about 414,000 I absolutely loved to walk the dogs on Long Bay beach. I worked as a real estate agent so I should know. Search for the British Virgin Islands flights on KAYAK now to find the best deal. This is mainly due to the fact that most of what is consumed on the island is imported from North America, UK or other Caribbean islands. The turquoise bays around these islands are the promise of a new pleasant and authentic lifestyle. Pros Cons in British Virgin Islands Latin America Photo Larisa Birta via Unsplash Pros Cons Continents Latin America Countries British Virgin Islands Filters British Virgin Islands Clear 1 results Global travel medical insurance for $1.34/day! If you need a ride on the island, someone will offer to transport you to your location. . One of the must see beaches and attractions in the BVI is The Baths and it is located in Virgin Gorda. Most of the islands, including the ones that are inhabited, are volcanic creations with montane land. Here are our reasons why we loved it so much. Winds NNW at 10 to 15 mph.. Tonight [4] 4. Population of Christiansted, St. Croix: About 3,000. Additionally, due to the location of the US Virgin Islands, there is a threat of earthquakes. In terms of snorkeling, Coki beach is one of the best options in St Thomas. The United States Virgin Islands (USVI) or the Virgin Islands of the United States are a group of four Caribbean islands that are overseas dependencies of the United States of America. There is no restriction on where in the world a business that is set up in the BVI can operate. We saw stingrays jumping, sharks and turtles right from our porch, The Painkiller at Tonys Bar, Cane Garden Bay, The Bushwhacker at Saba Rock, North Sound, The Rum Punch at Pussers, Sopers Hole, West End, Sebastiaan made a very special friend during his surf sessions. While there are many good reasons to live in Cayman, there are also some cons. Picture perfect beaches. On the other hand, access from Puerto Rico is only via regional airlines such as Cape Air. The road infrastructure could be further enhanced and there are areas where there are potholes. One has to hike to get to this location and there are areas that can be rocky so wear appropriate shoes. Drink and the devil had done for the rest Living In The British Virgin Islands (Pros & Cons), Pros & Cons of Living In The US Virgin Islands, Living In Dominica (Pros & Cons Fully Explained). 1. There is no instant gratification of Amazon Prime here, says Meyers. There is also a world-famous golf course for you to enjoy, stunning beaches, and an active nightlife culture that can help you to have a lot of fun. The sailing community of the British Virgin Islands holds big appeal for U.S. citizens hoping to expatriate but thats not all these Caribbean islands offer. It's rare to find BVI incorporation fees under $1,000. This location is next to Peebles Hospital. It relies on expats to help staff the banks, trust and insurance companies, funds and accompanying law firms which keep the economy moving. I put a lot of effort into making it. In fact, you may even take this chance to meet with a real estate lawyer or leasing agent. General Information Government: British Overseas Territory. It is best to visit during low tide if you will like to walk across this strip. There just arent that many people around. This island is a part of the ABC islands and is a special municipality of the Netherlands. Nevertheless, according to Gov.Uk, serious crimes such as armed robberies and drug related incidents do occur. The pros and cons of living in the Virgin Islands are vital to consider if this is where you want to call home one day. Questions? There is almost no unemployment. There are several positives to living in an island that is an overseas territory of a large country such as the United States. As an example, if you live in the Caribbean island of Grenada and you have a medical emergency, you cannot just go to the United States seamlessly for medical without considering visa requirements. With verdant interiors, dazzling beaches, and heaps for water-sports enthusiasts to enjoy, the BVI is known to be a fantastic spot and Caribbean destination. Wildlife 1. Heres the scoop on life in this overseas territory, and what to expect when youre ready to permanently drop anchor. I wouldnt call it state of the art, but its very good, says Meyers. Saint Joseph, MO (64501) Today. The well-known spots are Cane Garden Bay and Josiahs. The insurance that travels with you. Cons Costs - Costs are generally higher than in other IBC jurisdictions, but nonetheless highly competitive. One is to set up an account with a company called Aeropost, which provides a Miami address, then ships the items to you from Florida. Moving to the British Virgin Islands is one of the best decisions you can ever make IF you like the ocean, the beach, to swim, to sail, to surf, and feel like you are on a vacation every single day. Dead Chest is a real island in the BVI. The ability and island choices varies. It's not possible to just jump in your car and get away for a weekend like you can while living on the mainland. After a while, some people might find island life a bit claustrophobic. Residents who tire of exploring the local archipelagos and coves, whether by ferry or sail, have their pick of the Caribbean for weekend getaways. Stay tuned, interesting articles coming up daily. What appliances are typically included in a rental. And in high season, there are a lot of different and secret spots to find a wave for yourself. It makes you feel like you are in a tv commercial with them promoting boardshorts, Charter a boat with friends, drinking aboard and dancing the day away, Paddleboarding and if lucky, surfing the waves! No minimum capital requirements. Point Udall is a location of significance in St Croix as it is the most eastern point of the United States. I hope you find this video helpful especially. As an individual living in the British Virgin Islands, you pay no income or capital gains taxes. 10 Reasons Why Saba Should Top Your Caribbean Travel List this Year, History is in the Making at the Iconic Grand Wailea Maui. Nevertheless, you will be subject to a payroll tax as well as social security tax for every self-employed individual and on employers. On the other hand, the cons are there are no direct flights from major international cities and limited access to the amenities and conveniences enjoyed in a large country. Like many other Caribbean islands, one of the factors that significantly add to the cost of living in the Cayman Islands is duty. Yo ho ho and a bottle of rum Do You Have What It Takes to Become a Kittitian RumMaster? A ferry can take expats to the seaside city of St Malo, France in less than 90 minutes, and to the UK in about three hours. Or, as I mentioned, find a boat with a group and set sail yourself. With digital services, 24x7 customer support in different languages, and award-winning service, Now Health International will look after you no matter where you choose to go. Pricing The healthcare system in the Virgin Islands is relatively well-developed but may not be up to par with standards found in the United States or other developed countries. I already mentioned the Painkiller: a mouth-watering mix of dark rum, cream of coconut, pineapple, and orange juice topped off with grated nutmeg. Read on for comprehensive details of the pros and cons of living in the US Virgin Islands. The British territory consists of 4 larger islands ( Tortola, Anegada, Virgin Gorda, and Jost Van Dyke) and 32 smaller islands and islets, of which more than 20 are uninhabited; lesser islands include Great Tobago, Salt, Peter, Cooper, Norman, Guana, Beef, Great Thatch, Little Thatch, and Marina Cay. The territory is nominally home to more than 400,000 companies, collectively worth $1.5tn. As part of the Virgin Islands under the control of the United States, you can move here with minimal headaches. Moving from Ohio, you'd think I had little experienc. Magens Bay is a beautiful one mile stretch of white sand on the island of St Thomas. Additionally, it is easy to draw on the resources and expertise of a large country. Some individuals travel to neighboring St Thomas as goods are cheaper over there and there is more variety and popular brands such as Kmart, Walgreens and Home Depot. The following are some of our articles which we believe may be suitable for you. Please visit caribbeantravelupdate.com for updates. They also appreciate the low cost of living and the lack of income tax. The British Virgin Islands comprise over 50 islands, 15 of which are inhabited. Maybe a few islanders and one or two tourists all the way on the other end of the beach. If you are contemplating traveling to the US Virgin Islands or the rest of the Caribbean, cruising is an affordable option to consider. The Northern Mariana Islands are an archipelago of 15 islands located in the western Pacific. Also, there is no corporation tax in the BVI and businesses could be incorporated speedily. Additionally, the Virgin Islands has a zero-tolerance policy for driving under the influence of alcohol or drugs. The islands are also known for their low crime rate and friendly locals. To visit Water Island from St Thomas you can catch the ferry from Crown Bay Marina. Virgin Isl.. This depends on your country of origin. We'd like to get more contributors for a better . Why do people move to the British Virgin Islands? Pros & Cons of Living In The US Virgin Islands, Beaches In Grenada Near Cruise Port (The Ultimate Guide), Living In The British Virgin Islands (Pros & Cons). Granted, there are ways to still get your online-shopping fix. Public and Private Education + Higher Education Opportunites 3. It is important if you are visiting the BVI to plan your travel plans carefully as you may have to overnight due to the lack of direct flights. While there is a great spirit of community among people in small islands, this comes with the cost of the loss of privacy. If you want the best cocktail drinking location on Tortola, go to the Banakeet Restaurant in Carrot Bay at sunset. Additionally, many popular festivals and events take place throughout the year, offering visitors a truly unique and vibrant experience. If luxury living and yachting interest you, take a look at St Thomas and its high-end shopping and harbors. In this article, we will explore the pros and cons of living in the Virgin Islands in detail, so you can make an informed decision about your future. There is custom duties however levied on goods imported and the rate is dependent on the item. "Expats in the British Virgin Islands may find it challenging to adjust to the slower pace of life, as the local culture is more relaxed and laid-back than many other places. "Tax haven" of the Caribbean 9. we still would have lived there. By signing up, you agree to our TOS. Hop on a (fairly priced) ferry and spend your day at one of the many gorgeous beaches the other islands have to offer. Living in the Virgin Islands is not a convenient lifestyle. The pros of living in the British Virgin Islands include the beautiful scenery, the warm climate, and the low cost of living. The main islands are Tortola, Virgin Gorda, Anegada, and Jost Van Dyke BV Islanders are both British and EU citizens even though not part of the EU. The islands cover an area of 477 sq.km. Additionally, many visitors opt for private health insurance to cover potential medical costs while living in the Virgin Islands. While you may find that the more tourist-oriented areas are a bit more expensive, the overall cost of living is significantly lower than in the UK. Island Living: How to Move to the British Virgin Islands, What its like living in the British Virgin Islands. Especially at places like Nanny Cay or Bitter End Yacht Club, Every island is different, try to visit them all. This beach is perfect for beginners and individuals new to snorkeling. Due to the small size of the islands, the businesses on the islands are limited and hence many individuals tend to work a combination of jobs to earn a living. Everything has a negative aspect to it, regardless of how good it may seem. I hope this article helps you a little in your decision making. Or try a Bushwacker. This photo we took from the house we lived in. There is a ban on chemical sun screen as they damage the coral reefs. She and her family have been well taken care of; however, they tend to frequent the urgent-care clinics when in need of antibiotics or other meds to keep the kids healthy. Access to the beach is free and it is located 5 miles west of the capital, Road Town. Pros of Living in the Cayman Islands 1. Incredible Weather and Beaches 4. The Virgin Islands also experiences a dry season between December and April. They are responsible for the regulation of healthcare facilities, the licensing of healthcare professionals, and the enforcement of public health laws. Retire in the US Virgin Islands America's "Caribbean Paradise", the US Virgin Islands of St Thomas, St John and St Croix, offer some of the best retirement options in the Caribbean. Work permits 11. Now Health International's insurance plans offer you access to world-class healthcare facilities and treatment wherever and whenever you need it. According to the data given by the Economic Research Institute, the gross annual salary of a CFO in Bermuda can range from $91,000 (at the low end) to $233,000 (at the high end) with an average being $145,000 (which includes monthly allowances and annual bonus, if any). Islands may receive financial compensation for products purchased through this site. National health care exists in the British Virgin Islands, covering residents every ailment, from colds to cancer. So what would we do on Sundays? And, if coming from the U.S., your pet may be subjected to another round of rabies shots, even if rabies shots have been administered to the animal previously. These businesses only have branches in St Croix and St Thomas. Nevertheless, there are a number of companies that ship products to the US Virgin Islands, so online shopping is an option for specialty products. Ezone in the British Virgin Islands is located in Romasco Harbour House Building in RoadTown, Tortola. On the other hand, living in British Virgin Islands has its cons such as the threat of natural disasters, high cost of living and limited job opportunities. Good captains with excellent customer service and a friendly smile get scooped up, says Meyers. On the other hand, living in US Virgin Islands has its cons such as the threat of natural disasters, poor infrastructure and a slower pace of life. There is a fee required for access to this beach. Where possible, avoid being on the streets and in secluded areas alone especially at nights. There was a large damage to infrastructure which has significantly impacted the tourism sector on the island. Its also a beautiful dive location by the way. It was just my twins birthday and I wanted to make them cookies, and the store was out of chocolate chips. Rule of thumb: If you end up using a taxi more than 2 days..it's more economical to rent a vehicle for a few days. You Tuber, Sheek Flare Official has a video on cost of living in the British Virgin Islands and breaks down the costs of items on the island in great detail. Some of my favorites bars per island: Living the Caribbean lifestyle includes drinking lots of cocktails. Seaborne Airlines also offers sea plane service between the islands. It is important to always remain aware of your surroundings and take caution when it comes to personal belongings. Because alcohol is so cheap here you wont get a sissy cocktail. Scuba instructors and servers in the restaurant industry are also valuable. On average, apartments cost $2,000 per month. There are however some 50 small islets and cays. Virgin Islanders have that ease to go the United States for treatment. As part of the Caribbean, the BVI are susceptible to natural disasters such as hurricanes. Already a member? ). - Cost of Living Comparisons, 2020 data. I am interested in moving to BVI from Scotland and I was wondering how I would go about it and which island is the best place to be as I have never been. However, in May 2017 two murders occurred within 24 hours, to the shock and horror of both travellers and locals alike. There are a variety of employment opportunities available in the Virgin Islands, from tourism to finance to hospitality. Business Alone. Many of the pros to island living can at times be the very cons (spoiler alert: the pros are pretty awesome! Move here with minimal headaches turtles, then Maho Bay beach is free and it is easy draw... Twins birthday and I always dreamed about living near the ocean reminded through names Smuggles. The perfect spot in St Thomas - Costs are generally higher than in other IBC jurisdictions, but a grocery... 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