I wanted to share something that’s been causing quite a stir in the boat charter world lately. The British Virgin Islands (BVI) is considering some major changes to its boat charter regulations, and if they go through, it could completely shake up the industry here, and in the U.S. Virgin Islands (USVI) too.
Basically, there’s a bill under consideration that could dramatically hike up the annual fees for USVI-based commercial yacht charters operating in BVI waters. For example, the fee for an overnight charter operator could jump by 5,900%, from...