I happened across an interview with the very successful Dennis Stattman, Portfolio Manager, BGF Global Allocation.   An individual that was once with the World Bank and is now head of BlackRock Global Allocation.  Investors have taken notice of his consistent success rate and we can take notice of his choice of the place to vacation and to own property.  Morningstar Advisor Magazine (based in the UK) posed 10 questions to Mr. Stattman, question #9. “If you could go anywhere in the world for a vacation right now, where would you go?  I think I can go anywhere, and where I’m going is St. John, U.S. Virgin Islands.  It’s an easy, laid-back, low-key place.  #10.  Would you come back?  We’ll see.”

Smart man.   Don’t forget about the great advantages we have in the VI.  The Virgin Islands Economic Development Authority, a very unique tax incentives program.  It is set up to encourage global companies in the areas of manufacturing, service businesses such as high-technology, finance, pharmaceuticals and outsourcing companies.  To name a few advantages, 90% reduction in corporate income tax, 90% reduction in personal income tax, 100% exemption on business property tax, 100% exemption on gross receipt tax, and it goes on from there.

For more information in regard to the EDC Program and our fabulous real estate contact Jane Kelly   jane@islandiarealestate.com 941.544.5855     340.776.6666    www.islandiarealestate.com