Wednesday, May 3, 2006

Will BVI be better connected to the Continent?

For many offshore businessmen it makes no difference how well the offshore jurisdiction is connected to the World as far as nowadays when almost everything can be done through phone, fax, Internet, the IBC can be incorporated without visiting the country. Also, offshore bank account can be opened through bank’s office in another country or by providing legalized documents by mail.

Still, sometimes it is necessary to visit the country to meet the registered agent, banker or just to have a good time (it is not a secret that many offshore jurisdictions are located on beautiful islands with great beaches and wonderful sights).

Many visitors coming to the BVI say that the BVI could be better connected to the continent. And there a good news comes – Puerto Rican commuter carrier hopes to begin flights between San Juan La Isla Executive Airport British Virgin Islands (Tortola) this month.

Eastern Caribbean Airlines started operating between La Isla and the Dominican Republic in last May. Now it will run to King Airport twice a day and to Beef Island's Lettsome Airport once a day. Twin-engine turboprop Cessna 402s will serve these routes carrying up to eight passengers. The company has been convinced by its customers that a market for travelling to the U.S. and British Virgin Islands from La Isla does exist. The company has analyzed the market in Puerto Rico and found out that passengers want an easier, economy option rather than flying from San Juan International. The company's corporate parent is Traverse City, Mich.-based Viva International Inc. It is working on setting the rates.

The tickets of Eastern Caribbean Airlines flights to the British Virgin Islands will be sold from its website.

Eastern Caribbean's plans came unexpectedly to Lettsome Airport manager Bernard Smith, who said that air carriers must apply before beginning service to the BVI. He said that he had not seen any applications concerning this and claimed this to be news for him. Let’s hope this minor problem will be settled soon and BVI will be better connected to the World.


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