Investors are knocking at our door!
While applauding the BVI for having what he calls an “enviable economy”, Premier Dr Natalio Wheatley has revealed that investors are in pursuit of him, as they see the BVI as a place where they can get a good return on their investment.
The Premier made that remark while debating the 2023 budget in the House of Assembly on Tuesday.
“We have investors knocking down my door. They want to invest because they believe they can get a return on their investment here. And we have everyone from around the world who can see the value of the Virgin Islands and how attractive it is. So we have to start looking at ourselves that way as well,” Premier Wheatley said.
He urged residents to take advantage of the booming economy despite the setbacks of inflation, the COVID-19 pandemic, and the great 2017 disasters.
And he said residents should remain grateful the economy continues to perform well because many countries are not doing well because of the effects of recent global events.
“Many people get a paycheque and a salary and are able to send their children to school. They are able to buy groceries, houses, vehicles and take trips. They are able to do that because they are employed.” Premier Wheatley said.
He added that the BVI’s low debt is another indicator that the economy is doing well.
“We aren’t heavily indebted, we’ve never defaulted on our loans. Our economy is producing jobs upon jobs to the point where we have to import people to do work and we issue lots of work permits each year,” Premier Wheatley said.
Dr Wheatley recently revealed that the BVI economy is projected to surpass three per cent by the end of this year.
Growth in tourism and financial services is expected to extend that growth into 2023.
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Where are the ones you said you had lined up to buy all this marijuana from us? You have no experience with anything so it makes me nervous that you would be meeting investors to invest in the BVI when the most you ever did was probably get a car loan from the bank in your life. BVI is a mess. We need competent and experienced leadership now. We need to get rid of these kids who are playing in the dirt. Break time is up.
Investors like the one’s you gave a large piece of waterfront property in Road Town to for a few pennies.
Do not follow like Antigua and join the Chinese Silk Road development. It will be a terrible mistake! Stay clear !!
Knock, knock. whose there, I’m an investor with millions of dollars to spare and would like to buy the BVI
This guy doesn’t know about investments, don’t forget its election time so all of them will be giving us the good news that’s not true. Don’t believe a word he says.
The Indian insurance man?
Inquiries are not investments and just any investment is not a good investment. Make sure you have top lawyers before you make a deal because we know they will.
Really now.
Future BVI investor advice: In order to make a small fortune in the BVI please bring a large fortune when you arrive here.
Yes the investors and the bvi people are knocking on the door. they want you and the rest of the government to leave the house.
Unfortunately the BVI is not a good place to invest.
Terrible labour laws and processing. Government from the 19th century. No status for investors or key workers , get a work permit to work for yourself and be sure to allocate time to sit on the stairs for a few hours before being told to come back tomorrow. The worlds most expensive and erratic power and the worlds most expensive internet.
Deluded fool.
What an absolute load of nonsense. The man is deluded and it is exactly this kind of thinking and rhetoric that is holding BVI back.
How can he look at himself in the mirror?
“Investors” The new regime of drug runners
The raceoosss gone wild on this one.
Nobody in government is bright enough to figure out how to open a door
Nobody read the 2 new Trade and Business Acts?? They explain very clearly to investors why the BVI would be a very poor choice for them unless they are a VIslander.