It’s no secret that the economy is a global one, and it is necessary for U.S. companies to trade while partnering with other countries in order to stay efficient. One common partner that many U.S. companies take advantage of is the British Virgin Islands. While at first mention, BVI may seem like a place for a great vacation, it is actually a place where people are hard at work making sure several goods are distributed around the world. It is recognized by the Central Intelligence Agency as one of the most stable economies in the Caribbean. In the mid-1980s, parts of the island became available for incorporation, and by the end of the year 2000, approximately 400,000 companies had taken advantage of the opportunity. Both the purchasing power and growth rate has been steadily increasing over the past few years. Even the transfer of funds is made easier , as BVI used the U.S. dollar as their currency.
The Role of Good Logistics
JML DeliverIt has done a lot to keep this relationship strong and support companies in the U.S. and elsewhere that have goods traveling through the British Virgin Islands. To keep things running smoothly we have warehouses in BVI, the Dominican Republic, and Miami. Trading between several areas requires stops along the way in order to assure safety and to handle customs and various logistics issues, including the transport of vehicles and heavy machinery. JML can get personal too, and have helped many people relocate to BVI , either to live or to have their offices. Regardless of where you are importing and exporting goods, JML’s presence in both the U.S. and the Caribbean make for a smooth and efficient transition, which leads to happier customers and clients. To find out more about how we can help your business move your products to where they need to go, contact us in Doral, FL (Miami), Tortola, BVI, or Santo Domingo in the Dominican Republic.