single family home located at 32A Fish Bay, Saint John, VI, 00830 on sale now for $830000. Homestead tax exemption of up to $650.00 from the Real Property Tax Bill is offered to veterans on their primary home. The tax that is the same as mainland US is the Federal Income Tax. Being aware of who is required to pay the stamp tax in the U.S. Virgin Islands and also what value the property will be valued at for recording purposes is important when it comes to real estate transfer tax in the U.S. Virgin Islands such as St John stamp tax. Description: Behold Privateer Point- one of St John's most iconic properties spanning over 17 acres on five separately deeded waterfront parcels. Water tax is calculated on a per unit basis. The U.S Virgin Islands Stamp Tax: How Does It Work? Find homes for sale and real estate in St John, VI at realtor.com®. If you decide to start living in St. Thomas, then you are going to be living in a U.S. territory. A World-Class Tax Benefits Package In the U.S. Virgin Islands, unique tax benefits translate to a better bottom line. Zillow has 42 homes for sale in Saint John VI. You also need to know that there are no state taxes in the USVI, since it is not part of the mainland. All St. Johns County Tax Collector Offices are open for ST. JOHNS COUNTY RESIDENTS ONLY Monday through Friday, 8:30 a.m. – 5 p.m. Road tests are offered by appointment only at the Julington Creek and Main Office locations. Tropical Properties has been a significant player in the St. John Real Estate market for over 35 years and we continue to be a dynamic force of experts comprised of a team with over 60 years of combined hands-on experience in all facets of real estate, especially in the St. John and U.S. Virgin … In October 2019, the overall unemployment rate in the U.S. Virgin Islands stood at 5.7%, down from 7.2% in the previous year, according to the USVI Bureau of Economic Research. Learn more about assessment and taxtation in the City of St. John's in this section of our website. Businesses with annual gross receipts of less than $150,000 are exempt from tax on their first $5,000 per month of gross receipts. AGI divided by worldwide AGI multiplied by the total tax on your US tax return. Normally, when buying or selling a property in the U.S Virgin Islands, this tax is imposed while making a transfer in real estate property between two parties within the jurisdiction. Karye Carney is a licensed real estate Broker-Associate in St. John, USVI and the state of Florida. Revenue Accounting Division calculates the Municipal Tax for your property based on the property's assessed value and City Council approved mill rate. Category I: Category II: Category IIA – Service Businesses, not limited to, but including: Category III: You will receive a link to create a new password via email. Disclaimer: These codes may not be the most recent version.US Virgin Islands may have more current or accurate information. Many of the experiences that you will have are the same as any othe… Tax Clearance letter requests can be made only at the St. John, St. Thomas, Sunny Isle (St. Croix) and Frederiksted (St. Croix) locations. Navigation. St John Real Estate US Virgin Islands. Properties from $350,001 to $1 million will have a 2.5% tax. Assessed value is defined by statute to be 60% of actual value. Home; Powered by Neutrino, Inc. Postal Service delivers your mail here as well. Privacy Policy Find homes and rental properties in St Thomas, St Croix, and St John. St. John Properties has the manpower required to manage the life cycle of all acquired property as defined above including acquisition, control, accountability, responsibility, maintenance, utilization and disposition. The island also receives protection from the military in case there is something that happens in the world. It is customary on St. John for the Transfer/Stamp Tax to be split equally between the Buyer and Seller (negotiable). The U.S. The estimated value of property in the U.S Virgin Islands is governed by the State through the Tax Assessor’s Office. If by the end of the tax year you are not a resident of the USVI, you will need to file two identical tax returns with both the US and the USVI governments if you have income from the Virgin Islands. The Recorder of Deeds office is responsible for recording all property deeds, mortgages, personal liens, tax liens, and other miscellaneous documents against individuals and property owners. View 24 photos of this 2 bed, 3 bath, 4010 sqft. However, the recording of deed fee, which is the most bargained for, can be allocated to either the buyer or the seller or may even be split between the two parties. The USVI’s tax program is not only one of the most competitive tax benefits packages within the Caribbean, but across the globe. There are currently hundreds of listings in the St. John MLS for land parcels, waterfront property, vacation homes, and condos. State Employment Preference A … USVI resident shareholders of companies which have benefits are also entitled to 90% exemptions on withholding and interest. As a resident of the USVI (you must be a resident by the last day of the tax year), you will need to file a 1040 tax return with the USVI government office. Gross Receipts Taxes. 2% for property valued up to $350,000 2. JOHNS COUNTY RESIDENTS ONLY. | About Our Company | Our Team Please don’t hesitate to contact us with any questions you may have. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Zillow has 666 homes for sale in Virgin Islands. St. John Parish Online Tax Payments. Real Property Tax Collections 5049 Kongens Gade St. Thomas, VI 00802-6487 For Christiansted and Frederiksted Office of the Lieutenant Governor Real Property Tax Collections 1131 King Street, Suite 101 Christiansted, St. Croix. The information on this website is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. VI 00820: Voice: St Thomas and Water Island: (340) 774-2991 Christiansted: (340) 773-6449 St. John: (340) 774-2991 To add new notices, please enter a new notice number and click the search button. O: 340.776.6666 US Virgin Islands Real Estate Sales. 1. The Recorder of Deeds performs the duty of recording documents as outlined in Title 33, Section 2362 of the Virgin … Privately owned, fully equipped homes & villas - modest to luxury. The U.S. Virgin Islands economic development program provides tax exemption incentives for gross receipts tax, excise tax, property tax, and custom duties and also a possible 90% income tax exemption. Carefree Get-Aways on St. John Boulon Center 3rd Floor PO Box 1626 Cruz Bay, St. John, USVI 00831-1626 (888) 643-6002 Toll Free (340) 779-4070 Phone (340) 774-6000 Fax e-Mail: info@carefreegetaways.com Vacation Villa Rentals & Property Management. Please enter your username or email address. The main difference in taxes in St John is the amount of property tax you will need to pay. As of current, the Government of the U.S. Virgin Islands indicates that any property worth for recording purposes have to be as great as the estimated value of the possessions for purposes of property tax, and so, the substantial of the two values have to be used when calculating the recording fees. Read More There are a few other forms you need to fill out to ensure that you receive the relevant adjustments, which is why it is a good idea to work with a qualified local tax consultant or accountant. Questions regarding property tax delinquencies should be addressed to the Tax Collector’s office at (340) 776-8505 on St. Thomas, (340) 776-6737 on St. John, or (340) 773-6449 in St. Croix. 3 ½ % for properties valued above $5,000,00. Properties valued from $1,000,001 to $5 million will have a 3% tax. | Contact Us, © 2021 Islandia Real Estate, All Rights Reserved. The USVI stamp tax is determined by the value of the property—buyers and sellers have the notion that the value of the property is the contract price or the one indicated on the deed. Coral Bay Real Estate Listings St. John USVI. Villa - $170 avg/night - Cruz Bay - Amenities include: Internet, Air Conditioning, TV, Satellite or cable, Children Welcome, Parking, No Smoking Bedrooms: 1 Sleeps: 2 Minimum stay from 5 night(s) Bookable directly online - Book vacation rental 1421127 with Vrbo. Questions regarding Waste Management user fees should be referred to the offices of Waste Management Authority at St. Thomas/St. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. John, the jobless rate fell to 6.1%, from 7.9% over the same period.Likewise in St. Croix, the jobless rate fell to 5.3%, from 6.4%. The form you will need is the same 1040 document and you will need to attach any additional details of income as needed. Expenses between parties transacting a property. 3.5% for property valued at over $5,000,000 These fees include the recording of deed fee, stamp taxes, the release of mortgage fees, and release of lien. User registration is disabled in this website. Search and filter St John homes by price, beds, baths and property type. USVI real property is subject to an annual tax at a rate of 1.25% of assessed value. America’s “Caribbean Paradise”, the US Virgin Islands of St Thomas, St John and St Croix, offer some of the best retirement options in the Caribbean. Things that make the... Getting to and around the island of St. John is a breeze with these tips. Properties valued over $5 million will have a 3.5% tax. | Explore Normally this is the case, but during the delivery of real property where the indicated value in the deed may be insufficient, the estimated value for property taxes can be used to come about with the amount due for stamp tax. Tips. Some states have diverse transfer tax laws that may have certain exemptions on certain types of buyers based on income level or buying status. Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Taxes in the Virgin Islands, filing income tax in the Virgin Islands, IRS in the USVI, sales tax in the USVI, Relocation to the Virgin Islands, Island Move, Virgin Island, USVI, Island Living, St. Thomas, St. John, St. Croix and Water Island - Learn more about USVI Tax incentives. You also need to know that there are no state taxes in the USVI, since it is not part of the mainland. This website may This website may not display the entire ST. JOHN BOARD OF REALTORS MLS active database, as some MLS participants may not have given permission for their listings to be displayed. Regardless of the contract, in order to record the deed, one is required to produce the stamp tax fee at the Office of the Recorder of Deeds. For St. Thomas, St John, and Water Island Office of the Lieutenant Governor Real Property Tax Collections 5049 Kongens Gade St. Thomas, VI 00802-6487 For Christiansted and Frederiksted Office of the Lieutenant Governor Real Property Tax Collections 1131 King Street, Suite 101 Christiansted, St. Croix. A particular classification of levies is assigned to recording fees which are needed by the Office of the Recorder of Deeds to carefully record a deed in the Virgin Islands. Before you move to St John, you may be wondering how the taxes in St John work and whether you will need to pay any extra taxes. Payment of property tax bills issued by the Virgin Islands Government can be made in person at any of the Tax Collector Offices. That means you will receive protection via the criminal laws of the United States. If you are looking for St. John real estate, you are not alone. Terms & Conditions, By joining you agree to our Terms of Use and Privacy Policy. It’s, therefore, recommendable to consult an attorney conversant with property law prior to engaging in a contract of sale for the purchase of property within the U.S. Virgin Islands. Being aware of who is required to pay the stamp tax in the U.S. Virgin Islands and also what value the property will be valued at for recording purposes is important when it comes to real estate transfer tax in the U.S. Virgin Islands such as St John stamp tax. Among the places which are unincorporated territories of the United States are St. John, St. Croix, St. Thomas, and Water Island. Equal Housing Opportunity: All real estate advertised herein is subject to the Fair Housing Act of 1968. Toll-Free: (888) 757-7325 Cruz Bay: (340) 693-8352. If you are looking to buy or sell property in the United States Virgin Islands, you must have heard about real estate transfer tax otherwise referred to as stamp tax. 2.5% for property valued from $350,001 to $1,000,000 3. The main difference in taxes in St John is the amount of property tax you will need to pay. F: 340.693.8499, List Your Property 1. The USVI imposes a tax of 4% on the gross receipts of USVI businesses. If you are an avid St. John vacationer and you love a good beach read, you have likely followed along a notorious author named Elin Hilderbrand. The Transfer Tax is based on the purchase price or the assessed value whichever is higher. PAYMENT of Property Tax Bills. The USVI offers a tax program that is fully sanctioned by the U.S. government and Internal Revenue Service. This simply means that purchasing property in any of these islands automatically accords you equal guarantees, constitutional protections, and equal rights as any other place in the United States.