Friday, February 24, 2006

Olympic Sports in the BVI

Currently all the world is watching the Winter Olympics in Torino. Although the BVI is quite successful in doing sports, do not scan a medal chart looking for winners presenting the BVI. They don't even participate in this Olympics. The closest country, which is small but rather famous tax haven in the offshore world, participating in Winter Olympics is Bermuda represented by a single skeleton sportsman.

It's obvious that the Olympics are all about national pride – and the BVI undoubtedly has something to be proud of. The British Virgin Islands joined 201 delegations in the 2004 Athens Olympic Games and is going to join the 2008 Bejing Olympic Games.

Objectively, the BVI has shown bright results not only in BVI company formation, offshore banking and assets protection – its sportsmen have also shown good results taking into account country's limited population resources. So far, track and field has been the British Virgin Islands most successful sport in BVI sporting history, however, cycling, sailing and team summer sports are other popular activities of this offshore country.

So, let's wait till 2008 when an offshore country will come onshore!

No comments: