Can foreigners buy property in British Virgin Islands?

Can foreigners buy property in British Virgin Islands?

Can foreigners buy property in the BVI? Yes, foreigners can buy property in the BVI and the Government of the BVI welcomes investment from overseas buyers. However, foreign nationals are required to apply for a Non-Belonger Land Holding Licence (NBLHL) for which there is a small fee.

How much does it cost to build a house in Tortola?

For quality construction and finishes, prices start at around $350-$500 USD per square foot. Design and labor-supervision costs will cost about 10% of the building costs. Several first-class architects and contractors are based in the BVI, and good, skilled labor is available.

Who owns the island of Tortola?

Tortola, largest of the British Virgin Islands, part of the Lesser Antilles chain, which separates the Atlantic Ocean and Caribbean Sea. Its name is from the Spanish tórtola (“turtle dove”). It lies about 60 miles (100 km) east of Puerto Rico.

What country does Tortola belong to?

United Kingdom British Virgin Islands

United Kingdom British Virgin Islands
British Overseas Territory British Virgin Islands
Largest settlement Road Town (pop. 9,400)

How do I buy a house in British Virgin Islands?

In order to purchase property in the BVI, all Non-Belonger investors need to acquire a Non-Belonger Land Holding License. A Non-Belonger can’t purchase property without this license, so their offer to buy is automatically contingent upon a license being obtained.

How do I become a resident of the BVI?

Applicants need to submit documents including reference letters, a birth certificate, a Police Certificate of Character and bank statements. Individuals who already have residency need to pay an $800 fee to start the belongership process. Upon approval, applicants will receive a Belonger Card and certificate.

How much does it cost to build a house in the BVI?

Building a House Building costs vary between $250.00 and $300.00 per square foot for quality construction and finishes. A swimming pool may cost in the range $40,000 to $60,000 to construct. Several fist class architects and contractors are based in the BVI and good skilled labour is available.

How much does it cost to build a house in the Virgin Islands?

Costs of building a house start at around $250 per square foot; the amount varying considerably depending on materials used for building and finishing. Keep in mind that preparations and special structural requirements may need to be met making the total cost of the construction project more.

What is Tortola in English?

Spanish, literally ‘turtle dove’.

What are the square mileage of Tortola?

55.7 km²

How long can I stay in BVI?

A 30-day visa can be issued by Immigration at all ports. All you will need to provide is evidence of return passage (i.e. your ticket home). You may be able to renew the visa for a second month if you need more time to finalise your BVI immigration.

What kind of houses are on Tortola Island?

Colonial style builds are popular and attractive, together with spacious mediterranean design villas and condos. As Tortola is one of the principal islands of the BVI, it’s attractive to expatriate property investors.

Where are the best places to live in Tortola?

Villa Dulcinea is Nestled into the hillside ofBelmont Estates,Northwest end of Tortola, high above two of the most stunning beaches on the island Smugglers Cove and Long Bay Beach. Villa Dulcinea comprises of three separate buildings and look out… Show More »

How is the landscape in Tortola British Virgin Islands?

An aerial view of this dove shaped landscape is a breathtaking sight. Turquoise waters of the Caribbean surround the white sandy coastline, with an abundance of long beaches, small sheltered harbours and secluded coves, overlooked by luscious palm trees.

Where is celestial house in Tortola Long Bay?

Located in the West End of the island on Long Bay’s hill top, Celestial House has a stunning secluded setting with natural, awe-inspiring, surroundings. This property attests to its name in its elevated position above one of the island’s most…

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