News
VI can now use seized illicit assets to 'uplift society in various ways'- Premier
ROAD TOWN, Tortola, VI—Legislators in the House of Assembly (HoA) of the Virgin Islands (VI) have unanimously approved the Asset Seizure and Forfeiture Amendment Bill 2025, a landmark piece of legislation aimed at strengthening the territory's financial crime framework, and to use the proceeds of illicit gains to go towards the general development of the Territory.
VI should not expand charter industry @ ‘detriment’ of USVI’s- Gov Bryan
FREDERIKSTED, St Croix, USVI- The Governor of the United States Virgin Islands (USVI), Albert A. Bryan Jr, has confirmed that he will meet with the Virgin Islands' (VI) Premier and Minister of Finance, Dr the Honourable Natalio D. Wheatley (R7), in Tortola on Friday, March 7, 2025, to discuss proposed increases affecting the marine charter-yachting industry for the territories.
Opposition Leader joins Premier for 30th H.L. Stoutt Wreath-laying Ceremony
CAPPOONS BAY, Tortola, VI- The 30th annual wreath-laying ceremony to honour the memory of the first Chief Minister, H. Lavity Stoutt, was held today, March 3, 2025, a public holiday.
USVI charter operators must pay fair fees; 1992 rates unacceptable- Premier
ROAD TOWN, Tortola, VI- Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) has rejected as "unacceptable" for charter operators from the United States Virgin Islands (USVI) to continue paying outdated fees from 1992 while generating significant revenue for their own economy.
VI seeking ‘greater presence’ in China’s AI powerhouse sector Qianhai- Premier
ROAD TOWN, Tortola, VI—The Government of the Virgin Islands has plans to “functionalise” a key Memorandum of Understanding (MOU) with China’s Shenzhen’s special free trade innovation zone, Qianhai, by 2026.
Gov't advances pension reform as current method 'unsustainable'
ROAD TOWN, Tortola, VI— The Government of the Virgin Islands is taking decisive steps to transition from the current non-contributory Defined Benefit Pension Plan to a Contributory Pension Scheme, given the unsustainability of the present system, and the escalating financial burden on the state.
Premier shares Opposition’s concern about snr public servants stuck in acting positions
ROAD TOWN, Tortola, VI— The power to confirm high-ranking public service appointments does not rest with the government of the Virgin Islands but rather with the Governor’s Office and the Public Service Commission, Premier and Minister of Finance Dr the Honourable Natalio D Wheatley (R7) had to remind the Opposition Members of the House of Assembly (HoA) recently.
‘We were not on the same page’ in horse racing negotiations- Premier
ROAD TOWN, Tortola, VI—Caving in face of persistent questioning from Opposition Member Honourable Melvin M. Turnbull (R2), Premier and Minister of Finance Dr the Honourable Natalio D Wheatley (R7) has finally admitted that the Government and one of the private landowners of Ellis Thomas Downs in Sea Cows Bay remain at an impasse regarding the facility's future.
Gov't considering integrating Immigration & Customs- Premier Wheatley
ROAD TOWN, Tortola, VI- The Government of the Virgin Islands is actively considering the integration of His Majesty's Customs and the Immigration Department into a unified Virgin Islands Joint Border Control Force, Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) confirmed during a sitting of the House of Assembly (HoA) on Thursday, February 13, 2025.
Premier commissions spanking new BVI Hong Kong Representative Office
HONG KONG, China— Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) kicked off his five-day official trip to Asia by formally opening the newly relocated BVI Representative Office in Hong Kong, along with meeting key investors in the Territory, on February 16, 2025.
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