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Any of the Virgin Islands will prove to have a slower pace of life, easy access to the tropical outdoors, plentiful waterfront activities, and year-round beautiful weather. Explore our USVI real estate guides to find the right community for your next home.
Buying property in the U.S. Virgin Islands?St. Thomas, St. John, St. Croix and Water Island?is the same as purchasing property in the United States.
Buying Process, Fees & Taxes Can foreigners buy property in the BVI? Yes, foreigners can buy property in the BVI and the Government of the BVI welcomes investment from overseas buyers. However, foreign nationals are required to apply for a Non-Belonger Land Holding Licence (NBLHL) for which there is a small fee.
US Citizens has the facility to apply for a residence permit after staying in the islands for 30 days. After 30 days one can apply and get the process started for a permanent residency in the US Virgin Islands.
And that includes the caribbean. As much as we're planning on buying a place in the caribbean. AndMoreAnd that includes the caribbean. As much as we're planning on buying a place in the caribbean. And have been there obviously to look for property. It is a u.s territory. So it's pretty expensive.
Summary of cost of living in Us Virgin Islands: A family of four estimated monthly costs are 5,906.6$ without rent. A single person estimated monthly costs are 1,656.5$ without rent. Cost of living in Us Virgin Islands is, on average, 36.5% higher than in United States.
US citizens don't need a visa to live or work in the US Virgin Islands. This is one of the biggest reasons it's so easy for Americans to pick up and move here! A passport isn't required to visit either, but it's always something good to have on hand if you already have one.
The Virgin Islands are a US Territory That means buying real estate on St. Thomas, St. John, or St. Croix is much like purchasing property stateside.