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History & Political Status In 1917, the United States purchased the Danish part for $25 million, mainly for strategic reasons to assure tranquility in the Caribbean Ocean. U.S. citizenship was conferred on U.S. Virgin Islanders in 1927.
They became the possession of Great Britain in 1666 when the English Planters took control from the Dutch settlers and have been a British colony since 1672. The Virgin Islands became a Territory on July 1, 1956 and is currently a British Overseas Territory which falls under the jurisdiction of the United Kingdom (UK).
The islands were part of the British colony of the Leeward Islands (1872-1960); they were granted autonomy in 1967. The economy is closely tied to the larger and more populous US Virgin Islands to the west; the US dollar is the legal currency.
The geology of the British Virgin Islands is closely related to that of the Lesser Antilles and Greater Antilles volcanic island arcs. Inference from other neighboring islands suggests Cretaceous igneous and sedimentary basement rocks, overlain by Paleogene andesite and basalt.
The British Virgin Islands are a British Overseas Territory located in the northeastern Caribbean. They consist of some 50 islands, cays, rocky formations, and islets, with a total surface area of 59.3 mi.
The Virgin Islands, commonly referred to as the British Virgin Islands (BVI), is a British overseas territory located in the Caribbean to the east of Puerto Rico.