The British Virgin Islands, abbreviated as BVI, are located between the Atlantic Ocean and the Caribbean Sea, at the northern end of the Leeward Islands, and are now British dependencies. With tourism and financial industry as the two pillars of the economy, the British Virgin Islands is one of the most economically prosperous regions in the Caribbean, with a well-developed offshore financial industry, nearly 50% of government revenue comes from offshore company license fees, and is one of the most popular offshore company registration places.