Open for Business: Invest & Grow in the U.S. Virgin Islands
Produced as part of the PBS docuseries Viewpoint with Dennis Quaid, this feature spotlights the U.S. Virgin Islands as a premier destination for business and investment. Discover why the U.S. Virgin Islands is one of the most attractive places to invest, build, and grow your business. As a U.S. territory in the heart of the Caribbean, the USVI offers the security of doing business under the U.S. flag combined with some of the most competitive tax incentives in the region, a strategic location for global trade, and an unmatched quality of life. The Virgin Islands Economic Development Authority (USVIEDA) helps businesses and investors take full advantage of everything the territory has to offer — from generous tax benefit programs and financing to available land, workforce support, and a path to getting established. In this video, hear directly from The Honorable Albert Bryan Jr., Governor of the U.S. Virgin Islands, along with USVIEDA leadership, on why companies across industries are choosing the U.S. Virgin Islands as their base for growth. What the USVI offers: -Up to 90% reduction on corporate income tax -100% exemption on business property tax, gross receipts tax, and excise tax -Significant reductions or full exemptions on customs duties, depending on the program -A permanent Jones Act exemption — foreign-flagged vessels can sail directly between USVI ports and U.S. ports, making it faster and more cost-effective to move goods -U.S. legal and banking framework with direct Caribbean access -A strategic location for shipping, trade, and commerce -Opportunities across key sectors (e.g., financial services, manufacturing, tourism/hospitality, tech, and more) -Dedicated support from USVIEDA at every step Ready to learn more or start your application? Website: https://usvieda.org/ Contact: [email protected] Phone: (340) 714-1700 (St. Thomas) | (340) 773-6499 (St. Croix) Follow USVIEDA: LinkedIn: / usvieda Facebook: / usvieda X: https://x.com/usvi_eda Instagram: / usvieda #USVirginIslands #USVI #EconomicDevelopment #InvestUSVI #Caribbean #BusinessOpportunity #TaxIncentives #USVIEDA #Investment #JonesAct #Viewpoint #SouthShoreTradeZone

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