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Living and Saving in USVI

Aug 17, 2007
For those who've thought about relocating to an island paradise such as the United States Virgin Islands, but have hesitated about leaving the continental U.S. behind, here is some information on just how easy it is to make the move.

Of course, if you have a business that you want to bring to the USVI to take advantage of the Economic Development Council corporate benefits program you are not required to buy any real estate, residential or commercial. You can still qualify for the EDC business program, save taxes on your business profit, lease the commercial or office property you need, and rent a condo or apartment.

Chances are you may well fall in love with the beautiful islands and decide to stay year round. You might also buy residential real estate and rent it out the half a year you are away.

Whatever you choose to do, you have plenty of options. While the large apartment communities of 100+ units or more, with clubhouse, pool, laundry room and perhaps gated entrance, are not to be found in the U.S. Virgin Islands, there are lovely apartments of various sizes and styles in large homes or estates that have been subdivided. You can also find condo communities that range from standard to sumptuous, some right on or near the beach, and many with group activities or public areas.

There is also plenty of commercial property for sale or lease for your business if and when it qualifies for the EDC program.

With the Virgin Island's crystal blue Caribbean water, its exotic fauna and flora, its pristine white sands and some of the world's best scuba diving and snorkeling, the lure of the tax savings and corporate benefits through the area's Economic Development Council are just an added plus to living in a sumptuous wonderland of natural delights.

Whatever you want and enjoy, you can find it here. Whether it is rain forest, mountain trails, sunny beaches, or breathtaking views along majestic bike trails, you can find it in the United States Virgin Islands.

To start your application process for the USVI EDC program and start on the road to corporate benefits and tax savings in the world's greatest paradise, contact the nearest USVI Economic Development Council office today. They are located in Washington DC, New York City, and on both St. Croix and St. Thomas islands.
About the Author
GR is a retired Airline Captain who has been involved in real estate and building since childhood. Now, he is retired in the US Virgin Islands where he writes and does more marketing from home. A good place to learn about the islands and to find your home is http://www.StThomasLuxuryHomes.com
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