USVI EDC program

[JohnnyDoe]

Anyone with experience and advice on it? The 2.31% tax rate is very appealing

 

[TheCryptoAnt]

EDC Eligibility | United States Virgin Islands Economic Development Authority

Basic Requirements for Benefits In order to receive benefits from the V.I. Economic Development Commission, an applicant must: Provide full-time employment for at least 10 residents of the U.S. Virgin Islands who have resided in the V.I. at least one year prior to being hired by the tax...

www.usvieda.org

Not bad. Although you have to employ 10 locals.

No experience from my side sorry.
US banking is an option I can imagine, so it looks good if you can fulfill the requirements.

 

[I'mRobot]

Not bad. Although you have to employ 10 locals.

What would be the costs for such 10 locals? what use would you have for them?

 

[TheCryptoAnt]

What would be the costs for such 10 locals? what use would you have for them?

No idea really. I assume they'll be on the cheaper side of the American spectrum tho.

Not useful for me as Im a one man operation.

 

[JohnnyDoe]

what about dividends?