"Normally, while parsing a file, Perl compiles the entire code, and when this process is successfully completed, it starts executing from the first global statement onward. However, if it encounters a subroutine or a block called BEGIN while parsing, it not only compiles it, but also executes it right away, before resuming the compilation of the rest of the file."
So if I'm reading this right, everything inside the BEGIN block runs first, regardless of where the BEGIN block is located in the program.