No argument with anything that has been said here. Of course an immigration attorney is the only one who can advise you on your specific situation.

My understanding is that, after twenty years, folks on work visas can apply for residency, which, if granted, eliminates the need for a visa. That is the case for many workers from "down island". Eventually they can apply for citizenship.

The key, as Manpot says, is that you have to choose between the residency granted because you are financially independent and having the ability to work in the BVI. We have several neighbors who own homes and live year-round (non-working). We have several who got work permits and then bought homes with alien landholders licenses. And we have a couple who have achieved Belonger status.

There may also be a category for people who start essential businesses, but that is a whole 'nother topic.