Buying & Investing in Property in the USVI

How to Buy Property in the US Virgin Islands

Buying property in the U.S. Virgin Islands—St. Thomas, St. John, St. Croix and Water Island—is the same as purchasing property in the United States. If you do decide to buy property in paradise, the title is handled the same and have the same guarantees and the Constitutional protections that one enjoys on the continent. The real estate will be owned free simple and the deed is recorded and filed at the Recorder of Deeds.

Now is the best time to buy in to the exclusive properties on the U.S. Virgin Islands. The U.S. Treasury has also announced and approved capital tax break zones known as [TC1] which reduce taxes in designated areas in the U.S. Virgin Islands. This, along with Lieutenant Governor Osbert Potter announcing property tax amnesty, will reduce their total tax burden.

As the money has begun to be available for U. S. Virgin Islands, it is once again creating a boom in tourism, hospitality jobs and opportunities for all. Cruise ships are lining up again and sailing in from all over the world to be the first ones to see the Islands prospering again. Begin your property search here.

Now is the best time to invest in the U.S. Virgin Islands. Rental real estate has a high occupancy rate and promising long-term prospects; making now the perfect time to consider owning investment property there. A recent surge in visitors has outpaced hotel capacity on the island and travelers are turning to rental properties as the solution. Begin searching for investment property here.

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