You asked for conventional incentives. You got them!
Up To 17% Transferable Tax Credit.
|Resident Hires||Transferable Tax Credit|
|30.1% or Greater||17%|
Up To 29% Cash Rebate.
|ADDITIONAL 10%||With a USVI promotion|
|ADDITIONAL 10%||If produced in St. Croix|
USVI FILM INCENTIVE LAW, ACT 7728
- Minimum spend of $250,000
- Minimum of 20% local resident hires (including crew, extras, actors and maximum of three (3) paid interns.
- Include credits, i.e. “Made in the USVI” or “Portions Made in the USVI” and other acknowledgements
- Above-the-line-crew member speak at local school or university.
NOTE: Production companies/studios that corporately establish themselves in the USVI for purposes of long-term production, recording, distribution and/or management may be eligible for 90% tax relief through the Economic Development Commission. For info visit: www.usvieda.org or contact the USVI Film Office.