Purchasing Property

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© Carol A. Vanterpool

If you are interested in purchasing property in the BVI, there are several real estate agents and property managers who can assist you.

A variety of residential properties are available for sale in the BVI, including houses, condominiums and apartments. For those who prefer to build a custom-designed home, house sites and raw land can also be purchased. In addition, some commercial properties are available. People from outside of the British Virgin Islands (Non-Belongers) must first obtain a Non-Belonger Landholding License before purchasing or leasing property.

There is a two or three year commitment to develop unimproved land. If the property has already been improved, there may be no further requirement to improve. Most applications are handled through a lawyer. Application forms and further information regarding the documentation requirements can be obtained through the BVI Ministry of Natural Resources, telephone BVI: 284 468 3701.