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.
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However, the cost of living can vary significantly between different islands. If you're trying to figure out where is the cheapest place to live in the Virgin Islands, you'll probably want to set your sights on St.Croix, but living on any of these beautiful islands can be an investment worth making.
While you don't lose your US citizenship when you move to the USVI, you need to have proper documentation, including a VI driver's license. You can sort that out at the Virgin Islands Bureau of Motor Vehicles.
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.
U.S. Virgin IslandsThe United States Virgin Islands are an unincorporated territory of the United States, meaning that only certain parts of the U.S. Constitution apply to its residents. Individuals born in the U.S. Virgin Islands are considered citizens of the United States.
Most things (except alcohol) are more expensive than the mainland, but where I live restaurants and food are more expensive than some other parts of the country so to me they are similar to home. STX is less expensive than many other islands in my experience. St Croix can be very pricey.
St John has the lowest violent crime rate in the US Virgin Islands. Many villas on St John have a safe or places for valuables. Talk to your villa owner or management company.
Although it's the largest of the three islands, St.Croix sees the fewest tourists, making it a great destination if you want a less commercialized Caribbean experience.
History & Political StatusIn 1917, the United States purchased the Danish part for $25 million, mainly for strategic reasons to assure tranquility in the Caribbean Ocean. U.S. citizenship was conferred on U.S. Virgin Islanders in 1927.
First of all, it is not because of political instability or because the Virgin Islands is a war-torn zone; rather, it is because of these unfortunate factors: lack of employment and low salaries, and, sadly for an island under the canopy of democracy, opposition political groupings.
The Virgin Islands, located in the Caribbean Sea, are a popular retirement destination for many Americans seeking a tropical and relaxed environment with access to outdoor activities, stunning beaches, and a welcoming culture.