Background: First settled by the Dutch in 1648 the islands were soon after (1672) annexed by the English. The economy is closely tied to the larger and more populous US Virgin Islands to the west; the US dollar is the legal currency.
Religions: Protestant 86% (Methodist 45% Anglican 21% Church of God 7% Seventh-Day Adventist 5% Baptist 4% Jehovah's Witnesses 2% other 2%) Roman Catholic 6% none 2% other 6% (1981)
Environment Current issues: limited natural fresh water resources (except for a few seasonal streams and springs on Tortola most of the islands' water supply comes from wells and rainwater catchment)
Legislative branch: unicameral Legislative Council (13 seats; members are elected by direct popular vote one member from each of 9 electoral districts four at-large members; members serve five-year terms)
Judicial branch: Eastern Caribbean Supreme Court consisting of the High Court of Justice and the Court of Appeal; (one judge of the Supreme Court is a resident of the islands and presides over the High Court); Magistrate's Court; Juvenile Court; Court of Summary Jurisdiction
Political parties and leaders: Concerned Citizens Movement or CCM [E. Walwyn BREWLEY]; Independent People's Movement or IPM [Omar HODGE and Allen O'NEAL]; United Party or UP [Conrad MADURO]; Virgin Islands Party or VIP [Ralph T. O'NEAL]
Flag description: blue with the flag of the UK in the upper hoist-side quadrant and the Virgin Islander coat of arms centered in the outer half of the flag; the coat of arms depicts a woman flanked on either side by a vertical column of six oil lamps above a scroll bearing the Latin word VIGILATE (Be Watchful)
Economy overview: The economy one of the most prosperous in the Caribbean is highly dependent on tourism which generates an estimated 45% of the national income. An estimated 350,000 tourists mainly from the US visited the islands in 1997. In the mid-1980s the government began offering offshore registration to companies wishing to incorporate in the islands and incorporation fees now generate substantial revenues. An estimated 250,000 companies were on the offshore registry by yearend 1997. The adoption of a comprehensive insurance law in late 1994 which provides a blanket of confidentiality with regulated statutory gateways for investigation of criminal offenses is expected to make the British Virgin Islands even more attractive to international business. Livestock raising is the most important agricultural activity; poor soils limit the islands' ability to meet domestic food requirements. Because of traditionally close links with the US Virgin Islands the British Virgin Islands has used the dollar as its currency since 1959.