St. John Board of Realtors
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Buying a House or Condo on St. John

st john villa

Expect to pay around $350,000 for a "handyman special" home; super luxurious homes can top the $10,500,000 mark.  The average home goes for $1,250,000.  Condominiums range from around $300,000 for a studio to $1,500,000 for a two-bedroom unit.  The average condo goes for $675,000.  Homes and condos are often bought for use as short-term rental, providing an income as well as an island getaway for the owner.

The Virgin Islands offers an economic and tax incentives program through the Economic Development Commission (EDC).  By moving to St. John and locating part or all of your business in the Virgin Islands can be very beneficial.  Some of these benefits may include a 901 Exception on income taxes, 901 exemptions on S Corp, Corporate Dividends or Partnership distributions, 100% exemption on gross receipts taxes, property taxes, etc.






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