Sellers RE tax information
VI Real Estate Taxes
The Virgin Islands Real Estate Tax Law that recently passed into Law is Act NO. 6991 and it states "All real estate subject to taxation must be assessed at 100% of fair market value."
- Unimproved non-commercial real estate at .004946
- Residential real property at .003770
- Commercial real property at .007110
- Timeshare real property at .014070