How Much Does A House Cost In The US Virgin Islands?

Is St Croix a good place to live?

West end has more culture, farms, better beaches, is cheaper.

I can personally attest that no place on St Croix is a safe place to live.

Living is the most dangerous thing you can do & your guaranteed to die..

How much does it cost to retire in the US Virgin Islands?

Of course, this comes at a price: A three-bedroom rental in the U.S.V.I.’s capital, Charlotte Amalie, will run you about $2,250 per month, and one outside of the city center about $3,000, while other living costs, such as food and clothing, tend to run a bit pricier.

Can I live in the US Virgin Islands?

As an American citizen, you can move to St. Thomas, in the Virgin Islands, without winning the jackpot. It’s really no different than moving to another state, since you don’t need a visa and can simply arrive and establish residency. However, the cost of living is high, and hurricanes happen all too frequently.

How expensive is it to live in St Croix?

Housing / RentalsSt. Thomas & Water IslandSt. CroixEfficiency/Studio$775-$1500$550-$800Cottage$800-$1800$1200-$20001 Bedroom Apt.$800-$1550$550-$12002 Bedroom Apt.$1000-$2200$800-$18002 more rows

Do residents of US Virgin Islands pay taxes?

The U.S. Virgin Islands uses a mirror system of taxation, also known as the “Mirror Code,” meaning that USVI taxpayers pay taxes to the Virgin Islands Bureau of Internal Revenue (“BIR”) generally to the same extent as U.S. taxpayers would under the Code to the U.S. Internal Revenue Service.

Is the Virgin Islands a safe place to live?

Penalties for crime are very severe across the Virgin Islands which has led to crime rates being very low. Even so, it is advised not to wander around on your own at night, and to guard your valuables or to lock them in a safe.

Which US Virgin Island is best to live on?

U.S. Virgin Islands Thomas, St. John and St. Croix – offers some of the best retirement scenarios in the Caribbean.

Is St Croix dangerous?

St Croix has no more of a crime problem than any other tourist destination. That is not to say there is no crime on the island, of course, St. Croix, like anywhere, is not crime free, so just take normal precautions. Almost 100% of the crime is locals against locals.

Is the US Virgin Islands a good place to live?

The Virgin Islands are a beautiful place to live. It can be expensive to live there because of the natural benefits, but life can also be very rewarding. If you stay outside of the resort areas in the islands, then there is an excellent chance that you’ll have plenty of space to yourself.

Is St Croix poor?

Croix, St. John and St. Thomas — have a combined population of 100,000 and a poverty rate of 22 percent, nearly 50 percent higher than where I live in Texas. Island life was hard for many before the devastating storms of September.

How much is rent in the US Virgin Islands?

Average monthly cost of rentalsSt. Thomas & Water IslandSt. CroixCottage$800-$1800$1200-$20001 Bedroom Apt.$800-$1550$550-$12002 Bedroom Apt.$1000-$2200$800-$18002-3 Bedroom Condo$1400-$3500$1200-$24002 more rows

Can US citizens buy property in US Virgin Islands?

Can foreigners buy property in the US Virgin Islands? Yes, foreigners can buy property in the US Virgin Islands and the Government of the US Virgin Islands welcomes investment from overseas buyers. There are no restrictions on foreign buyers acquiring real estate in the US Virgin Islands.

Is it expensive to live in US Virgin Islands?

While the Virgin Islands wages are lower than the national median, the overall cost of living is substantially higher according to numbeo.com: Rent prices in the U.S. Virgin Islands are 15.14% higher than in the United States. Restaurant prices in the U.S. Virgin Islands are 25.41% higher than in the United States.

What is the average income in the US Virgin Islands?

$37,254In the 2010 U.S. Census, the U.S. Virgin Islands had a per capita income of $21,362 and a median household income of $37,254.

What is the safest Virgin Island?

St. JohnWith that being said, St. John is the safest of the 3 main islands. We would have a few small incidents here and there but rarely do we have any major crimes that you should be concerned about. The rare times that they do occur the community for the most part is pretty shocked.