In a bold attempt to encourage economic development in the region and meet growing travel demands, the U.S. Virgin Islands has announced various incentives for airlines to add service to the Territory over the last few years — with some significant results.
For companies that began new service or increased existing service to St. Croix’s
As a hotel operator, your top priority is likely on making a profit and ensuring that your guests are happy with their stay. Managers work behind the scenes, handling numerous day-to-day responsibilities for all parts of hotel operations, including sales, marketing, supervising personnel, security, maintenance and food and beverages.
Managing a hotel may also involve
In a controversial move, U.S. Virgin Islands Governor John deJongh has vetoed a bill that would have widened the variety of businesses at Kingshill’s Research and Technology (RT) Park deemed eligible for considerable tax breaks.
The tax breaks are incentive benefits bestowed by the RT Park to its tenants at the park, preventing them from
With marijuana legalization and decriminalization efforts sweeping the United States, most notably in Colorado and Washington, advocates here in the U.S. Virgin Islands are calling on our territory to take on similar reforms. At a recent gathering at the University of the Virgin Islands Great Hall, more than 200 advocates attended a forum and discussion
A recent arrest made in the U.S. Virgin Islands has demonstrated the territory’s renewed dedication to enforcing tax evasion laws. In April, police arrested Johnathan Cohen, the sole owner of JKC Communications. Cohen was charged with failing to file and pay both individual and corporate income taxes for the past several years, according to the
Under a legal agreement announced on April 23, the Virgin Islands Water and Power Authority (WAPA) will soon come into compliance with the federal Environmental Protection Agency’s air pollution control requirements. When announcing the agreement, the U.S. Justice Department and the EPA stated that it would go a long way toward reducing air pollution
The Governor Juan F. Luis Hospital on St. Croix, U.S. Virgin Islands has been hoping to secure a vendor agreement that would help the medical center sort out its revenue cycle. However, due to inadequate paperwork and a lack of quorum at the Territorial Hospital Board meeting on April 4, the Board found itself no
A recent bill put forth in the U.S. Virgin Islands legislature would make it illegal to sell e-cigarettes and nicotine vaporizers to minors. The bill also bans other alternative tobacco products, such as chewing tobacco and snuff.
Senator Sammuel Sanes sponsored Bill 30-0268, as did co-sponsors Senators Kenneth Gittens and Diane Capehart. On March
Rapidly growing concerns related to environmental protection have resulted in regulations affecting nearly every industry in the United States and its territories, including the U.S. Virgin Islands. The hospitality industry is no exception, and it has been the focus of a great deal of attention from the Environmental Protection Agency (EPA) and other regulators.
The
There are a number of benefits to investing in residential real estate in the U.S. Virgin Islands, including strong profits, ongoing supplemental income and the access to credit these properties provide. However, there are a few legal considerations you should understand before deciding to make your first investment in residential property in the islands.
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