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St. Croix

U. S. Virgin Islands

The U.S. Virgin Islands ARE the United States, America's tropical playground. No passport is required for U.S. citizens. Banking laws of the U.S. apply to all financial transactions. All legal issues fall under the the U.S. Constitution and the 3rd Circuit of the United States. Real estate ownership is the same as on the mainland. In fact, the biggest difference is that taxes are paid to the USVI government and not the U.S. Treasury. This makes for some very beneficial tax incentives for tourism development.

The three major islands of the USVI are St. Croix, St. Thomas and St. John. Each island has a unique flavor, but all share a tropical pace of life with a Danish flair. St. Croix has a population of 50,000, an area of 84 square miles, and a very mixed topography ranging from coastal plains to mountains to beaches and even a rain forest. There are two towns on St. Croix, Christiansted and Frederiksted.  Both cater heavily to tourist but while Christiansted is the business and administrative center for the island, Frederiksted is the pulse with a growing artistic flair.

Beyond tourism, St. Croix is home to a very diversified business community. The Cruzan and Captain Morgan rum distilleries are based on St. Croix.  In 2018 a deal was agreed to reopen the largest oil refinery in the world, the Hovensa Oil Refinery. The business community is also home to boat manufacturing, information and technology companies and financial services companies.

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