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Impending Dramatic Permit Fee Increase & Added Restrictions Proposed for USVI-Based Charter Boats in BVI Waters

FOR IMMEDIATE RELEASE

CRITICAL TOWN HALL MEETING

 

Town Hall Meeting – Tuesday, February 18, 5:30 p.m. – Harbor360 Building @ Yacht Haven Grande

 

Topic: Impending Dramatic Permit Fee Increase & Added Restrictions Proposed for USVI-Based Charter Boats in BVI Waters

 

February 11, 2025 – The United States Virgin Islands (USVI). Operators of USVI-based charter boats – day sail and term charters – whose itinerary includes the British Virgin Islands (BVI) may soon have to pay up to $24,000 per boat, which is a 2,900% increase for term charters and an increase of 6,150% for day charters to enter BVI waters.

 

This latest potential economic hit to the USVI-based charter industry comes on the heels of already escalating fees over the last several years. The BVI’s latest amendments to further raise fees and restrict USVI-based charter companies, as found in the BVI Commercial Recreational Vessels Licensing (Amendment) Bill 2024 and the BVI Cruising And Home Port Permit (Amendment) Bill 2024, are in the final stages of the approval process by the BVI Government. Key concerns for the USVI are:

 

• Substantial increases in operating costs

• Adverse impact on USVI tourism

• Negative economic impact to the USVI

• Increased vessel safety and border security risks

 

If approved, these bills could deliver a blow to the USVI charter yacht industry’s $90-million-plus annual economic impact on the American flag territory’s marine tourism sector and stifle economic growth. Moreover, the BVI’s legislation could put thousands of jobs at risk directly and indirectly tied to the U.S. territory’s marine tourism sector.

 

Photo: The charter yacht industry currently contributes $90-million-plus to the USVI’s marine tourism sector. Credit: Mango Media.

 

Call to Action: Town Hall Meeting – Tuesday, February 18, 5:30 p.m. – Harbor360 Building @ Yacht Haven Grande

 

The BVI’s proposed threat has galvanized a group of USVI marine tourism stakeholders into action to meet and formally oppose the bill’s passage. The group, which comprises local day and term charter operators and representatives from the marine and tourism industries, calls for support from Governor Bryan and his cabinet to help address these concerns. A Town Hall Meeting will be held on Tuesday, February 18, at 5:30 p.m., at the Harbor 360 Building at Yacht Haven Grande on St. Thomas. The group plans to discuss these points at the meeting and seek recommendations from the community for a resolution that will align with both countries’ tourism and economic goals.

Without viable solutions, charter operators are left with limited options: shutting down, relocating operations to the BVI, or passing on additional costs to guests—ultimately making USVI charters less competitive. In every scenario, the result is the same: USVI tourism loses market share to the BVI, threatening the sustainability of the local charter industry and the businesses that depend on it.

 

“The USVI’s ability to remain a premier charter destination is at stake, and industry leaders urge policymakers to address these challenges before lasting damage is done,” says Staci Smith, Executive Director of the Virgin Islands Professional Charter Association (VIPCA). “The wider ramifications will be felt in all the supporting industries. Everyone from the grocery stores, hotels, fuel, and marine service suppliers to the smaller retail stores, laundromats, florist shops, and indeed the taxi services will all be impacted. Not to mention the potential loss of revenue for the government of the USVI.”

 

Smith adds, “We plan to seek a solution that will allow businesses to operate fairly throughout the USVI and the BVI. We want logical reform and a better regional working partnership.”

 

For more information, contact Staci Smith at [email protected], or call/text (340) 642-0656. 

 

About VIPCA

 

VIPCA is a non-profit marine association dedicated to preserving, protecting, and promoting the charter yacht sector of the U.S. Virgin Islands marine industry. Its initiatives include offering membership benefits, promoting marine tourism, liaising with USVI, BVI, and PR to assist in cooperative efforts; seeking relevant official rulings from Customs and Border Protection (CBP); developing USVI marine infrastructure, including installation of vessel moorings now available at BoatyBall.com; and providing marine vocational training for USVI youth. VIPCA hosts two annual yacht shows, the USVI Charter Yacht Show at www.usviyachtshow.org and the Virgin Islands Boating Expo at www.vibe.viwww.VIPCA.org

 

Press Contact:

Carol Bareuther

Press, VIPCA

Tel: 340-998-3650

Email: [email protected]

 

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