Incentives
Up To 17% Transferable Tax Credit.
| Resident Hires | Transferable Tax Credit |
|---|---|
|
20-25% |
10% |
|
25.1-30% |
15% |
|
30.1% or Greater |
17% |
Up To 29% Cash Rebate.
| Amount | Note |
|---|---|
|
9% |
|
|
ADDITIONAL 10% |
With a USVI promotion |
|
ADDITIONAL 10% |
If produced in St. Croix |
USVI FILM INCENTIVE LAW, ACT 7728
QUALIFICATIONS
- 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.