BVI Marine Guide THE OFFICIAL WEBSITE OF THE BVI MARINE GUIDE

Major BVI Marinas

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Yacht Registration


Registry System
The British Virgin Islands ("BVI") has long operated a cost effective modern yacht registry system designed to facilitate a fast yet secure registering of vessels. In addition, the Registry permits the registration of mortgages, discharges of mortgages, change / transfer of ownership and other proprietary interests and services.

The VI Shipping Registry is a Category 1 Registry, allowing it to register large cargo vessels of unlimited tonnage and mega yachts of up to 3000 gross tons. The procedure is straightforward and fast.

Entitlement
Entitlement to register a vessel in the BVI is limited to citizens and/or bodies corporate registered in the BVI. In order to comply with the entitlement requirements, it is usual to establish a corporate ownership structure in the BVI that will own the vessel and permit registration. The BVI is the leading offshore corporate domicile and establishing these structures is uncomplicated, reliable and cost effective.

Process
Once the entitlement to register a vessel is satisfied, the process for registration is straightforward. Generally, documents of ownership along with the relevant surveys are required. After all the required documents have been submitted, including the Carving and Marking Note, the Certificate of Registry is printed and issued immediately.

Finance
The BVI offers a secure and world accepted system of registering mortgages on vessels registered in the BVI. The registration system is designed to facilitate the recording of mortgages and to protect the priority of a lender's security. The BVI Registry facilitates the entry, transfer and discharge of marine mortgages on registered vessels. Additionally, lenders may also submit a Notice of Mortgage Intent Form that protects the lender's priority during the registration process.

Summary
Registration entitles the successful applicant to hold British Registry and fly the British Ensign. Registration in the BVI permits a reputable country to provide a record of your vessel for worldwide use. A vessel that flies the British Ensign is entitled to physical protection by Great Britain and her Consulates worldwide.

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Provisioning

With a large resident population and charter fleet, plus many visiting charter boats, cruisers and bareboaters, access to fresh fruits and vegetables, frozen foods, health foods, gourmet items and beverages has become a very important industry in the BVI. Many companies specialize in provisioning yachts.

Provisioning on Tortola has expanded outside the Road Town area. Get your supplies at Cane Garden Bay, Manuel Reef, West End, East End, Trellis Bay on Beef Island, Scrub Island. A good range can be bought in Virgin Gorda Yacht Harbour and North Sound. Great Harbour, Jost Van Dyke has expanded their product line. Anegada has increased dry goods offerings. All supermarkets stock a range of spirits and wines.

You can obtain a list of produce and prices from supermarkets and wine merchants and orders can be placed by email or telephone. Most of these companies will deliver direct to your yacht.

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