News
VI's real estate market plummets! ‘Where have the buyers gone?’— Skelton-Cline
BAUGHERS BAY, Tortola, VI—The Virgin Islands' real estate sector is presently experiencing a sharp decline with transactions plummeting to historic lows- to millions of dollars annually- that is predicted to have direct adverse implications for the Territory’s economic stability.
Homeowners granted up to 10 months stay in VI without work permit
ROAD TOWN, Tortola, VI- Minister for Natural Resources, Labour, Immigration and Social Security Honourable Vincent O. Wheatley (R9) said, after two years in the works, a clause in the Immigration and Passport (Amendment) Act, 2021, will now enable homeowners to remain in the [British] Virgin Islands for up to 10 months without a work permit.
VI Housing Programme expands Scope of Assistance
ROAD TOWN, Tortola, VI- Qualified contractors, building materials suppliers and construction professionals are being directly engaged as the Housing Recovery Assistance Programme expands the scope of assistance offered to homeowners.
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