Virgin Islands Obligatory Well

State:
Multi-State
Control #:
US-OG-710
Format:
Word; 
Rich Text
Instant download

Description

This is a provision for an Operating Agreement that concerns the Assignment of rights to an obligatory well. It provides the assignment options if any proposed operations are necessary to maintain a Lease covered by the Agreement in force or an agreement to earn a lease(s) which would otherwise expire unless operations are conducted.

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FAQ

Packing List. Although a U.S. territory, the USVI is expressly excluded by statute from the customs territory of the United States. Therefore, the USVI Legislature has the power to establish its own customs duties applicable to merchandise imported into the USVI.

U.S. citizens do not need a visa to enter the USVI. Instead, they should present a valid form of I.D. to prove their U.S. citizenship or permanent residence.

Customs is the authority in the respective country you enter that is responsible for controlling the flow of goods, including animals, transports, foods, personal effects, and hazardous items, into and out of a country.

Passports for U.S. Citizens are NOT required for the U.S. Virgin Islands, but you must be prepared to show evidence of citizenship upon leaving the territory (such as a government-issued photo ID or your passport). Citizens of countries other than the U.S. should follow U.S. travel regulations.

Passports for U.S. Citizens are NOT required for the U.S. Virgin Islands, but you must be prepared to show evidence of citizenship upon leaving the territory (such as a government-issued photo ID or your passport). Citizens of countries other than the U.S. should follow U.S. travel regulations.

It is a US territory but since it's a "port of entry" you have to do customs. You will go through Customs and Immigration upon your return to the mainland from the USVI, not upon your arrival to the USVI from the mainland. You will also go through immigration if you make a trip to the BVI.

The cost of living in the U.S. Virgin Islands is higher than on the U.S. mainland. On average, apartments cost $2,000 per month. A two-bedroom house costs at least $285,000. Not everyone can afford health care on the U.S. Virgin Islands.

6 Things You Need to Know Before You Visit the U.S. Virgin... You don't need a passport to enter the USVI. ... Fifty islands make up the USVI?but St. ... There's an underwater national park. ... You can casually board a seaplane to island-hop. ... Three islands means three festivals, held throughout the year.

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Virgin Islands Obligatory Well