Your business, once relocated to the U.S. Virgin Islands is totally exempt from three United States tax programs. The EDC program exempts your company from any real property taxes when that same real property is used in your USVI business. You’re also exempt from any tax on gross revenue, otherwise referred to as gross receipts taxes. Nor does your U.S. Virgin Islands have to pay any excise tax on any of its tools, building materials or other supplies that are to be used in the alteration, construction, redesign, reconstruction or extension of the premises where you conduct your business.

When you think about St. Thomas real estate, or USVI real estate as a whole you probably think about great white sandy beaches, lots of of palms, and sunny days all year-around. You are not wrong. These are crucial ingredients in the fantastic life engulfed in Caribbean culture.
In order to capitalize on this Caribbean life-style [...]