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US Virgin Islands Commercial Real Estate

A commercial building for Sale in St Thomas

US Virgin Islands Commercial Real Estate

US Virgin Islands Corporate Tax Incentives

To vacationers, the Virgin Islands is simply luxurious tropical destination known for its high quality of life. But for the entrepreneurial spirit, the Virgin Islands is a business haven. As an unincorporated territory of the United States, the US Virgin Islands has significant tax benefits for companies contributing to the territory’s economic development. Through the Economic Development Commission (EDC) qualified businesses  are eligible for tax incentive program that can include:

  • 100% exemption on business property tax
  • Up to a 90% reduction in corporate income tax
  • Up to a 90% reduction in personal income tax

Businesses eligible for tax incentives span a wide range of industries, from manufacturing to service businesses. Such service businesses include hotels, tourist activity, transportation and more. The manufacturing sector includes pharmaceuticals, liquor, construction materials, and oil refinery and high-tech electronics. Learn more about on EDC tax incentives.

 

USVI Commercial Real Estate

With EDC tax incentives, the Virgin Islands is a desirable place to expand or relocate any business. Sea Glass Properties can assist in the sale of any commercial real estate in the US Virgin Islands. Our client experience ranges from small businesses to corporations, including banks, REO vendors, family offices, law firms, and investors. We also offer leasing services to businesses, with access to retail, office, industrial, and warehouse space on the islands.

 

USVI Businesses for Sale

With EDC tax incentives for services such as hotels, guest houses, transportation, tourist attractions, financial services, consulting companies and more, businesses in the Virgin Islands are highly desirable for any entrepreneur. Plus, there’s certainly no more beautiful place to capitalize on your next great business venture. Sea Glass Properties can assist in the purchase or sale of an operating USVI business. Our experience includes bed and breakfasts, restaurants, boutiques and clothing stores, convenience stores, and other businesses related to tourism.

Corporate Relocation

The combination of location, lifestyle, and EDC tax incentives makes the Virgin Islands a highly desirable place to relocate your business. Sea Glass offers corporate relocation services for companies moving to the US Virgin Islands for tax purposes. Our services include assistance of finding office space, leasing/sale of residential space, island tours for new hires, assistance with vehicle registration, and more.

 

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