Do you pay income tax in St Croix?

INDIVIDUAL INCOME TAX Individuals who are bona fide residents of the Virgin Islands file Form 1040 with the Virgin Islands and pay tax on their worldwide income to the Virgin Islands.



Yes, you pay income tax in St. Croix (U.S. Virgin Islands), but the system is a "Mirror Code" of the U.S. Internal Revenue Code. This means that while the tax rates and brackets are generally the same as in the mainland United States, you pay your taxes directly to the Virgin Islands Bureau of Internal Revenue (VIBIR) rather than the IRS. If you are a "bona fide resident" of the USVI, you file only one tax return—with the USVI government—and your income is generally not taxed by the U.S. federal government. In 2026, St. Croix also offers significant tax incentives through the Economic Development Commission (EDC), which can grant eligible businesses and individuals up to a 90% reduction in personal and corporate income tax to encourage investment on the island, making it a high-value location for entrepreneurs and remote workers.

People Also Ask

Located in the US Virgin Islands, St. Croix is a US territory making it an easy place for US citizens to purchase property.

MORE DETAILS

Croix is a great place to consider buying your next home. Located in the US Virgin Islands, St. Croix is a US territory making it an easy place for US citizens to purchase property. It also happens to be surrounded by the turquoise waters of the Caribbean Sea and white sand beaches, plus the…

MORE DETAILS

The Cayman Islands don't have a corporate tax and act as a haven for multinational corporations to shield some or all of their incomes from taxation. The Cayman Islands do not impose taxes on residents and are considered tax neutral.

MORE DETAILS

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.

MORE DETAILS

Croix had the highest poverty rate of the islands at 40.6% (nearly the same as the rate in 2013: 40.5%). In St. Thomas, 34% of children lived in families in poverty (up from 29% in 2013). In St.

MORE DETAILS

St. Croix However, perhaps the most appealing aspect of living in St. Croix is its affordable cost of living. Housing costs, while often still expensive, are more reasonable compared to the other islands. These prices make it an attractive option for families on a budget who want to live in the Virgin Islands.

MORE DETAILS