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The newest tool added to the U.S. Virgin Islands’ economic development arsenal is the trade zone program, which offers tax incentives to qualifying businesses that operate within the designated area of St. Croix’s south shore. This zone boasts within it over 300 acres of relatively flat greenfield space with electrical, water, sewer, fiberoptics and telephone utilities already on site, deep water ports, and warehouse space directly on the Henry E. Rohlsen Airport. Indeed, the trade zone will usher in an era of increased business activity in St. Croix to include transshipment, manufacturing and other heavy industry.
The U.S. Virgin Islands is poised to enjoy an economic boom. This app will provide stakeholders, potential investors, and partners with critical information regarding the assets and opportunities that can be found in the trade zone. The trade zone’s tax incentives will transform the Territory into a world-class center of trade and commerce, pave the way to improving the quality of life and place for residents, and strengthen the USVI’s reputation as a destination that everyone would want to live, work, and play.
Export & Import including handling, sorting, measuring, packing, labeling, and/or marking
Hotel, conference & training facilities
Financial & credit services, government center (EXIM, Commerce, Customs), Training center, Think tank
As an unincorporated United States Territory, the U.S. Virgin Islands has all the benefits of being a Caribbean location with key U.S. benefits.
This unique territory status enables St. Croix, St. John, St. Thomas and Water Island to utilize U.S. currency, courts and flag protection. Local affairs are led by the Governor and Legislature. Being within a U.S. jurisdiction also provides the following benefits to companies operating in the islands:
World Class Transportation
The Virgin Islands is served by two international airports with cargo and passenger flights to the US and Europe.
Up to 20-year tax exemptions
Unlock new horizons within the US Virgin Islands with the business potential our territory offers with the help of the USVI Economic Development Authority.
With tailored tax programs, incentives, financing options and more.
St. Croix
St. Thomas/St. John
© 2001 - 2024 United States Virgin Islands Economic Development Authority
