The U.S. Virgin Islands is one of the most competitive business locations in the Caribbean for companies looking to start a business, relocate or expand. Businesses in the U.S. Virgin Islands will find favorable tax programs, a highly skilled workforce and state-of-the-art infrastructure—all while operating under the U.S. flag. For a number of major companies like Merrill Lynch, Ocwen Mortgage Financial Services, Diageo and more, the U.S. Virgin Islands offers ideal conditions for growth in one the world’s most beautiful natural environments.
The E.D.A. plays a major role in the territory’s economic development and describes itself as a government vehicle that promotes economic growth, job creation, and wealth generation in the U.S. Virgin Islands. It aims to accomplish this mission by attracting investors to establish or relocate their businesses to the territory. The. E.D.A. also provides financial assistance for new and existing small to medium-sized businesses and assists V.I. residents and business owners alike with rehabilitating their properties located in distressed areas that were once vibrant economic centers of activity.
For more information, https://www.usvieda.org