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VI
USVI Enterprise Zone Savanne-Downstreet Tax Credit Program
Enterprise zone benefits for qualified investment in the Savanne-Downstreet area of St. Thomas.
About this program
The Enterprise Zone Commission administers benefits in the Savanne-Downstreet enterprise zone in Charlotte Amalie, supporting revitalization, business investment, property improvements, and job creation.
Eligibility
Eligible businesses, investors, and property owners with qualifying projects in the Savanne-Downstreet enterprise zone on St. Thomas.
Requirements
- Confirm property is located in the designated enterprise zone
- Submit application, investment, rehabilitation, equipment, and job information to VIEDA
- Meet approval, compliance review, and reporting requirements for any benefits awarded