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The official currency of the British Virgin Islands has been the United States dollar (US$) since 1959, the currency also used by the United States Virgin Islands. [3] The British Virgin Islands enjoys one of the more prosperous economies of the Caribbean region, with a per capita average income of around $47,000 (2022 est.) [47]
Tortola (/ t ɔːr ˈ t oʊ l ə /) is the largest and most populated island of the British Virgin Islands, a group of islands that form part of the archipelago of the Virgin Islands. [2] It has a surface area of 55.7 square kilometres (21.5 square miles) with a total population of 23,908, with 9,400 residents in Road Town.
The total population of the Virgin Islands is 147,778: 104,901 in the U.S. Virgin Islands, 31,758 in the British, and 11,119 in the Spanish. Roughly three-quarters of islanders are black in the British and U.S. Virgin Islands, while the majority of inhabitants in Culebra and Vieques are Puerto Rican of European descent, with a significant Afro ...
The location of Jost Van Dyke in the Virgin Island chain View overlooking White Bay, Jost Van Dyke, BVI. Jost Van Dyke (/ ˈ j oʊ s t v æ n ˈ d aɪ k /; [2] sometimes colloquially referred to as JVD or Jost) is the smallest of the four main islands of the British Virgin Islands, measuring roughly 8 square kilometres (3 square miles).
Anegada is the only inhabited British Virgin Island formed from coral and limestone, [2] rather than being of volcanic origin. While the other islands are mountainous, Anegada is flat and low. Its highest point is only about 28 feet (8.5 m) above sea level, earning it its name, which is the Spanish term for the flooded land, "tierra anegada". [3]
In 2000, KPMG were commissioned by the British government to produce a report on the offshore financial industry generally, and the report indicated that nearly 41% of the offshore companies in the world were formed in the British Virgin Islands. The British Virgin Islands is now one of the world's leading offshore financial centres, and boasts ...
The British Virgin Islands consist of the main islands of Tortola, Virgin Gorda, Anegada and Jost Van Dyke, along with over fifty other smaller islands and cays. Approximately fifteen of the islands are inhabited. The largest island, Tortola, is approximately 20 km (approx. 12 mi) long and 5 km (approx. 3 mi) wide.
England annexed the Islands in 1672. An administrator was appointed to the islands from 1887, and replaced by a governor in 1971 when the islands were created a distinct territory. Prior to this date, the local council would elect one of their members to be president (see List of presidents of the British Virgin Islands).