Please enter your username and password here:Forgot Password?
Please enter your details here:or Login
By Hans Esser, for ExpatBriefing.com
21 April, 2017
The British Virgin Islands has announced new work permit fees, which will take effect from May 15, 2017.
Foreign workers intending to take up work in the British Virgin Islands must pay a fee based on the agreed salary as part of the work permit process.
Under the changes, a fee equal to three percent of the annual salary will apply for those earning up to USD25,000. A fee of five percent will apply thereafter for income up to USD50,000, and a seven percent rate will apply thereafter. The work permit fee is capped at USD10,000.
Domestic workers will pay a fee at one percent of their salary.
The new fee structure also introduces a USD50 application fee in addition to the USD75 fee that is currently charged for issuance of a work permit card.
About | Useful Links | Global Media Partners | Media | Advertising And Sales | Banners And Widgets | Glossary | RSS | Privacy & Cookies | Terms And Conditions | Editorial Policy | Refer To A Friend | Newsletters | Contact | Site Map
Important Notice: Wolters Kluwer TAA Limited has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments. © Wolters Kluwer TAA Ltd 2017. All rights reserved.
The Expat Briefing brand is owned and operated by Wolters Kluwer TAA Limited.