Real Estate Transaction Cost in US Virgin Is., Compared to Caribbean
The total cost of buying and then re-selling a residential property, including all standard transaction costs (excluding the property’s sale price) — expressed as a percentage of the property value.
Other incidental expenses (such as survey fees, residency permit fees, or company setup costs) are not included in our calculation. In most cases, value-added tax (VAT) is also excluded, as our figures typically reflect the purchase of existing (not newly built) properties.
Transaction costs vary significantly between countries and even within the same market. Agent commissions and legal fees are often negotiable.
Important: Buyers and sellers should always consult with a qualified local lawyer or advisor to obtain exact and up-to-date cost figures for their specific situation.
US Virgin Islands does not publish official house price statistics. There are house and condominium price data for St. John Island from the Multiple Listings Service, compiled by Cruz Bay Realty. General economics statistics are from the International Monetary Fund, US Census Bureau and the US Virgin Island Bureau of Economic Research.
