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Regulatory news and changes · Caribbean

How do BVI licensing changes affect a Caribbean charter quote?

Short answer

Ask for the yacht’s licence category, not a generic “new BVI fee.” The Commercial Recreational Vessels Licensing (Amendment) Act took effect on June 1, 2025 and contains distinct schedules for home-based vessels, foreign-based term charters and large yachts. (bvimaritime.vg)

A shaded aft-deck dining area looking over calm blue water
Key points from this page
  • Suggested negotiating question:

For the statutory large-yacht category:

Vessel lengthAnnual licence feePer-cruise fee
More than 115 ft, up to 150 ft$7,500$2,000
More than 150 ft, up to 250 ft$8,500$2,500
More than 250 ft$10,000$3,500

These are the Act’s published alternatives, not a statement that every charterer owes both amounts. (bvimaritime.vg)

For boats at or below 115 ft, the foreign-based term-charter schedule distinguishes restricted and unrestricted arrangements. A single large-yacht tariff therefore cannot be applied across every yacht in the desk’s 24-metre-plus remit. (bvimaritime.vg)

What should a USVI–BVI organiser do now?

Before approving a route or deposit, request:

  • The current licence or the documented application plan.
  • The category and vessel length used to determine charges.
  • Confirmation that the proposed embarkation, disembarkation and border crossings fit the permissions.
  • An itemised distinction between licensing, cruising, clearance, park and agency charges.
  • The contractual basis for passing any yacht-level annual fee to this booking.

Suggested negotiating question: “If this yacht already has an annual licence, what additional government charge does our itinerary create?”

This is a procurement question, not an assertion that an owner must absorb every regulatory expense. Agree the allocation before signature rather than debating it after the trip.

Sources cited

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