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US Virgin Is.: Living There - Tax Issues

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Last Updated: Jun 15, 2006

Living There

Acquiring residency in the Islands brings the benefits of a green card. And although federal taxes mostly apply, American citizens born or naturalized in the US Virgin islands are not liable to federal estate or gift taxes. Those thinking of moving their business or establishing a corporation in the Islands can also benefit from several incentives breaks offered by the Economic Development Commission.But as this is a territory of the United States, US immigration policies apply.

 

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