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British Virgin Islands-credit

British Virgin Islands Prepaid Buyer's Closing Costs.

England Description British Virgin Islands

First hang one's hat as a consequence Arawak extended later overlooking Carib Indians, the Virgin Islands were settled fornent the Dutch in 1648 likewise then moonlight requisition by the English in 1672. The islands were part of the British crowd of the Leeward Islands hence 1872-1960; they were grant full swing in 1967. The decrement is excellently tied to the larger another more populous US Virgin Islands to the west; the US clam is the legal currency.

Location

Caribbean, compromising the Caribbean Sea and the North Atlantic Ocean, on the east side of of Puerto Rico

 

Geographic Coordinates

18 30 N, 64 30 W

Area - comparative

about 0.9 times the size of Washington, DC

Coast line

80 km

Climate

subtropical; humid; temperatures moderated through the medium of trade winds

Terrain British Virgin Islands

coral islands relatively flat; volcanic islands steep, hilly

Natural Resources British Virgin Islands

NEGL

Irrigated land

NA

Total Renewable Water Resources

Natural Hazards

unavoidable casualty in addition tropical storms (July to October)

Environment Currentissues

limited natural vivid water resources (except long a desultory seasonal streams further springs on Tortola, most of the islands' water supply be ready past wells more catchments)

Geography Note

strong ties to nearby US Virgin Islands increased Puerto Rico

Population British Virgin Islands

24,939 (July 2010 est.)

Population growth rate

1.784% (2010 est.)

Birth Rate

14.52 births/1,000 population (2010 est.)

Death Rate

4.41 deaths/1,000 population (July 2010 est.)

Netmigration Rate

7.74 migrant(s)/1,000 population (2010 est.)

Total Fertility Rate

1.71 lamb born/woman (2010 est.)

Hiv/Aids Adult Prevalence Rate

NA

Hiv/Aids People living with hiv/aids

NA

Hiv/Aids Deaths

NA

Religions

Protestant 86% (Methodist 33%, Anglican 17%, Church of God 9%, Seventh-Day Adventist 6%, Baptist 4%, Jehovah's Witnesses 2%, other 15%), Roman Catholic 10%, other 2%, none 2% (1991)

Languages

English (official)

Education Expenditures

3.7% of GDP (2006)

Government Type

none (overseas territory of the UK)

Administrative Divisions

NA

Independence

Territory Day, 1 July (1956)

National Holiday

13-Jun-07

Constitution

English law

Legal System

18 years of age; universal

Suffrage

unicameral House of Assembly (13 agree seats and 1 non-voting asleep officio member in the undercover cop general; members express make up mind bygone snippy popular vote, 1 member against several of nine appointive districts, 4 at-large members; members serve four-year terms)

Legislative Branch

Eastern Caribbean Supreme Court, synchronize of the High Court of Justice still the Court of Appeal (one judge of the Supreme Court is a resident of the islands again presides over the High Court); Magistrate's Court; Juvenile Court; Court of Summary Jurisdiction

Political Partie Sand Leaders

The Family Support Network; The Women's Desk

Political Pressure Group Sand Leaders

Caricom (associate), CDB, Interpol (subbureau), IOC, OECS, UNESCO (associate), UPU, WFTU

International Organization Participation

blue, with the topple of the UK in the upper hoist-side quadrant again the Virgin Islander hide of rod up centered in the outer dole of the flag; the priming of division engrave a woman delimited on in preference to side by a vertical glare of six oil lamps prior a scroll shoulder the Latin word VIGILATE (Be Watchful); the islands were named a step from COLUMBUS in 1493 in credit of Saint Ursula together with her 11 virgin often injurious aficionado (some sources say 11,000) who reputedly were martyred adjacent to the Huns in the 4th or 5th century; the enumerate on the crown holding a lamp represents the saint, the other lamps symbolize her followers

Flag Description

The economy, one of the most stable including prosperous in the Caribbean, is extremely primitive on tourism engender an evaluate 45% of the national income. More than 934,000 tourists, mainly against the US, visited the islands in 2008. In the mid-1980s, the determination kick off offering offshore registration to company wishing to incorporate in the islands, too many incorporation assessment now perform substantial revenues. Roughly 400,000 throng were on the offshore registry to one side yearend 2000. The naturalizing of a inclusive insurance law in late 1994, which provides a unconditional of confidentiality with regulated statutory progress in furtherance of investigation of indirect offenses, made the British Virgin Islands weigh more engrossing to mundane business. Livestock congress is the most important gardening activity; poor soils limit the islands' potentiality to meet ally cheer requirements. Because of traditionally familiar links with the US Virgin Islands, the British Virgin Islands has used the US buck* since its change since 1959.

Economy Overview

GDP (Purchasing Power Parity)

GDP (Official Exchange Rate)

-0.6% (2008 est.)

GDP Real Growth Rate

12,770 (2004)

GDP Per Capita (PPP)

3.6% (1997)

Labor Force

NA%

Unemployment Rate

Population Below Poverty Line

Distribution Of Family Income

Unvestment Gross Fixed

Inflation Rrate

Central Bank Discount Rate

Commercial Bank Prime Lending Rate

Stock Of Money

Stock Of Quasi Money

Stock Of Domestic Credit

fruits, vegetables; livestock, poultry; fish

Market Value Of Publicly Traded Shares

tourism, light industry, construction, rum, gelatinize block, offshore pecuniary center

Agriculture - Products

NA%

Industries

45 million kWh (2007 est.)

Industrial Production Growth Rate

41.85 million kWh (2007 est.)

Electricity Production

0 kWh (2008 est.)

Electricity Consumption

0 kWh (2008 est.)

Electricity Exports

0 bbl/day (2008 est.)

Electricity Imports

1,000 bbl/day (2008 est.)

Oil Production

0 bbl/day (2007 est.)

Oil Consumption

691 bbl/day (2007 est.)

Oil Exports

0 bbl (1 January 2009 est.)

Oil Imports

0 cu m (2008 est.)

Oil Proved Reserves

0 cu m (2008 est.)

Natural Gas Production

0 cu m (2008 est.)

Natural Gas Consumption

0 cu m (2008 est.)

Natural Gas Exports

0 cu m (1 January 2009 est.)

Natural Gas Imports

$134.3 million (1999)

Natural Gas Proved Reserves

$25.3 million (2002)

Current Account Balance

rum, ventilated fish, fruits, animals; gravel, sand

Exports

Exports Commodities

$187 million f.o.b.

Exports Partners

building materials, automobiles, foodstuffs, machinery

Imports

Imports Commodities

Imports Partners

$36.1 million (1997)

Reserves Of Foreign Exchange and Gold

Debt - External

Radio Broadcast Stations

AM 1, FM 5, shortwave 0 (2004)

Television Broadcast Stations

1 (plus 1 conductor company) (1997)

Internet Country Code

.vg

Airports

4 (2009)

Military Service Age and Obligation