Welcome 2012! Thank You Vice President Biden…

Joe Biden

Welcome 2012.  By now, all our holiday travelers are getting back to our island and struggling to settle into a normal routine.  Most are armed with new resolutions with the promise to complete those unfinished projects.  Welcome back all! Something great happened while you were away.   To let you in on the “news,” our… [Continue Reading]

Happy 50th to Buck Island

Buck Island

St. Croix is proud to celebrate Buck Island Reef National Monument’s 50th Anniversary yesterday, December 28th.  In 1961, President John F. Kennedy signed the proclamation creating Buck Island a national monument.  Since then, the park has been expanded twice which now includes a 176 -acre dry forest and 18,839 acres of submerged land and coral… [Continue Reading]

Winter 2011/2012 Newsletter

HAPPY HOLIDAYS and Greetings from America’s Paradise, St. Croix, U.S. Virgin Islands! Thanks to all who voted me Best Real Estate Agent/Broker on St. Croix 2011! It’s amazing how quickly we find ourselves once again in the midst of the holidays and another tourist season signaling the return of our off island homeowners. We’ve had… [Continue Reading]

Real Estate Market Update

How is the St. Croix real estate market?  Following stateside trends, it is definitely a “buyer’s market” with some properties reduced to prices not seen in the past 5 years.  Further, with interest rates under 5%, and sometimes even under 4%, it is a GREAT TIME TO BUY! MARKET STATS # 2010 SOLD* DAYS ON… [Continue Reading]

WAPA is Going Solar

The VI Water and Power Authority has created a shortlist of six successful respondents to a recent ‘request for proposal’ to provide solar photovoltaic generation in the territory.  WAPA Executive Director Hugo Hodge said the proposals were carefully evaluated against criteria which included pricing, experience, strength of development and construction plan, maintenance plan, financial strength,… [Continue Reading]

New Airlift to St. Croix

Recently, Tourism Commissioner Beverly Nicholson announced a substantial increase of 100,000 new seats to St. Croix over the next year.  This includes two daily nonstop jets from Miami (and back) on American Airlines (said at press time to be continued despite their Chap. 11 filing), as well as new daily service to St. Croix by… [Continue Reading]

Home Depot Opening

Our biggest news this fall was the opening of our very own Home Depot…and with the same stateside look that you’ve become familiar that you know from home! Home Depot is just the beginning as it serves as the anchor store for Island Crossings Shopping Center. “It’s a public-private partnership,” stated Jim Watson, President of… [Continue Reading]

Income Tax & Economic Development Benefits

Virgin Islanders are subject to the same income tax regulations as other U.S. citizens, though the monies collected stay in the Virgin Islands. The federal government matches some taxes, like the rum excise tax. Businesses can take advantage of some great tax breaks offered by the Economic Development Agency. The Territory seeks to expand its… [Continue Reading]