The British Virgin Islands Ports Authority (BVIPA) is asking BVI belongers to consider investing in the Cruise Pier Expansion Project, through a Special Purpose Vehicle (SPV).
While there are no caps on how much you can invest, there is however, a minimum of $5,000. Belongers are encouraged to take advantage of the opportunity. The SPV offer is categorized by Class A, B and C Preference Shares with annual dividends or returns of 5.75-percent, 6.75-percent and 8.45-percent, respectively. Following the same order of the different classes of shares (A, B and C), preference shares will be automatically redeemed after seven, ten and fifteen years.
Interested persons are asked to ready their funds and listen out for more detailed information from the BVIPA in the coming weeks.
For more information, contact the Authority via telephone 494-3435 or email